Zepto may target ₹29,000 crore valuation for upcoming IPO

According to a Moneycontrol report, Zepto and its backers are in talks regarding a new post-money IPO valuation goal of roughly $3 billion (₹29,000 crore), although nothing is official yet. The suggested pre-money valuation sits near $2.5 billion (₹24,000 crore), which is significantly lower than the company's previous high of $7 billion (₹67,053 crore). Plans for the public offering may include a primary share issuance of ₹5,000 crore alongside a minor secondary sale.

by shortkt.com
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Zepto may target ₹29,000 crore valuation for upcoming IPO | ShortKT