
Quick commerce unicorn Zepto has filed confidential preliminary papers with India's Sebi for an initial public offering (IPO) aiming to raise approximately Rs 11,000 crore. The company plans to list on Indian exchanges next year, potentially becoming one of the youngest startups to do so. This move follows strong private funding, with Zepto valued at $7 billion after raising $1.8 billion to date. The confidential filing route allows flexibility before a public disclosure, and Zepto will join rivals like Zomato and Swiggy in the public market.