Profitability, Geopolitical Concerns Weigh On Zepto’s IPO Valuation

Quick commerce major Zepto could make its stock market debut at a valuation significantly below its peak private valuation of…

Zepto Ltd. seeks a lower IPO valuation, reflecting industry cash burn concerns. Foreign investors indicate interest at $4.5 billion, while domestic ones value it lower. This contrasts sharply with its $7 billion valuation from last October's fundraise. The company aims to raise…