Quick commerce startup Zepto has taken a major step toward going public after its board approved plans for an initial public offering (IPO) worth up to ₹11,000 crore, according to reports. The proposed fundraising would be a mix of fresh equity and an offer for sale (OFS) by existing shareholders, positioning Zepto for a potential listing on Indian stock exchanges.
As part of the IPO preparation, Zepto has reportedly filed confidential draft IPO papers with the Securities and Exchange Board of India (SEBI) via the confidential filing route, which allows the company to refine disclosures and engage with regulators before a public prospectus is released.
Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto rapidly scaled its business with a 10-minute grocery delivery model, expanding across urban India and raising significant private capital, including a USD 450 million round in October 2025 valuing the company around USD 7 billion.
If completed, the IPO would make Zepto one of the largest public listings by a new-age tech and quick-commerce firm in India, joining peers that have already tapped public markets amid a growing investor appetite for tech-driven delivery platforms.
