Zepto aims for a lower IPO valuation of $4.5 billion amid concerns over profitability and cash burn in the industry.

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…

Zepto aims for a lower IPO valuation of $4.5 billion amid concerns over profitability and cash burn in the industry.

Zepto is expected to announce its price band over the next seven to eight days, another person said. Sebi rules require companies to refile their draft prospectus if the issue…

In a notable financial move, major investors like Norges and Motilal Oswal are expressing a keen interest in Zepto's upcoming initial public offering, which is valued at…