𝗭𝗲𝗽𝘁𝗼 : 𝗙𝗶𝗿𝘀𝘁 𝗤𝘂𝗶𝗰𝗸 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗜𝗣𝗢! •Zepto is planning an IPO to raise ₹5,000 crores at the same valuation of $5 billion by the first quarter of 2025. • For this IPO, Zepto secured approval to relocate its headquarters from Singapore to India, an important step to list on Indian stock exchanges. • Although Zepto will shift its business model from an inventory-led model to a marketplace model, Blinkit and Swiggy Instamart continue to operate on inventory-led as well as marketplace. • In 2024, Zepto raised almost $1 billion in funding from various investors, including Lightspeed Ventures, Nexus Venture Partners, and Goodwater Capital, to expand into more cities, increase inventory, and scale operations. Follow For More!
Download the medial app to read full posts, comements and news.