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Zepto defers listing, to refile IPO papers after two quarters: CEO Aadit Palicha tells employees - The Economic Times
People familiar with the discussions said the IPO pricing received from large institutional investors for Zepto’s anchor book was in the $2.5-3 billion range. This marked a further reduction from the $3.5-4 billion valuation that was being discussed earlier in July, and was significantly below the $7 billion valuation at which the company raised its last private funding round in October last year.
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economictimes.indiatimes.com
Zepto negotiating IPO pricing; may defer listing over next few weeks - The Economic Times
People aware of the discussions told ET that the company has received a formal price indication from large institutional investors and is negotiating for a week or two before…
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Zepto may hit pause on IPO; BigBasket’s losses rise
Quick commerce company Zepto may defer its listing plans as negotiations over its valuation hit a roadblock. This and more in todays ETtech Top 5.
