Zepto
Coverage of Zepto in the Nexus archive.
- Zepto Delays IPO in Latest Sign India’s Listing Boom Is Losing Momentum
Zepto has delayed its IPO, signaling a slowdown in India's listing boom. Manipal Health, Indo-MIM, and Juniper Green Energy reduced their offer sizes to proceed with their deals.
- Swiggy, Eternal Stocks Surge as Zepto’s India IPO Hits Roadblock
Shares of Zepto Ltd.'s main competitors, including Swiggy and Eternal, are rising as the company's planned initial public offering encounters obstacles.
- 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.
- Leading aggregators like Swiggy, Zepto, Zomato move Karnataka High Court challenging constitutional validity of State’s gig workers welfare law
Swiggy, Zepto, and Zomato have moved the Karnataka High Court to challenge the constitutional validity of the State’s gig workers welfare law. The companies are disputing the legality of the regulation in a judicial forum.
- Zepto’s IPO filing reveals fast growth, bigger losses, and a valuation question nobody’s answered yet
Zepto's IPO filing reveals a 151% increase in advertising revenue, outpacing its 104% growth in operating revenue. The company is experiencing faster revenue growth but also faces expanding losses and an unresolved valuation question.
- Zepto Said to Plan June Public Filing for $1 Billion India IPO
Zepto is reportedly planning a $1 billion IPO in June, while Swiggy's $1.3 billion IPO was oversubscribed over three times due to strong demand from large investors. The news highlights growing investor interest in Indian tech companies.