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.