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The Nexus
BUSINESSJul 17 · 08:29 UTCBLOOMBERGRajesh Mascarenhas, Sankalp Phartiyal and Asmi Bhatia

Zepto Is Said to Face Sharply Lower Valuation for India IPO

Indian fast-delivery company Zepto Ltd. is seeking a valuation for its initial public offering that is sharply below its $7 billion peak. Concerns over cash burn and the firm’s path to profitability are tempering optimism in the industry.

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Zeptoorganizationinitial public offeringtopicvaluationtopiccash burntopic
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