Zepto IPO Prepares for Scrutiny Amidst Quick Commerce Competition and New Year's Eve Demand
2 hours agoBusiness
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Zepto IPO Prepares for Scrutiny Amidst Quick Commerce Competition and New Year's Eve Demand

Zepto is preparing for a $1.3 billion IPO, potentially intensifying competition and scrutiny in India's quick commerce sector due to high cash burn and expansion. Analysts anticipate sharper examination of the sector as major players prepare for public market debuts. Meanwhile, quick commerce firms are anticipating a surge in demand for New Year's Eve, with some delivery personnel planning a strike.

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