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Zepto to raise pre-IPO funding amid delayed listing
MUMBAI: Zepto on Saturday said that it will raise funds through a pre-IPO financing amid tepid response from investors to its public listing. The startup did not share the specifics of the transaction but said that the move will strengthen its balance sheet.
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newsbytesapp.com
Zepto pauses listing plans, seeks over ₹1,000cr in pre-IPO funding
Zepto has postponed its IPO plans, opting instead to raise over Rs 1,000 crore in pre-IPO funding at a valuation of $4-4.2 billion from existing investors.
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thehindubusinessline.com
Zepto puts IPO on hold, looks to raise over ₹1,000 crore in pre-IPO funding
Zepto delays its IPO and seeks over ₹1,000 crore in pre-IPO funding amid valuation reassessments and market strategy adjustments.
