Zepto Faces Lower Valuation for Upcoming IPO Amid Profitability Concerns
Published on: July 17, 2026, 4:10 p.m. | Source: Outlook Business
Quick-delivery startup Zepto is aiming for an initial public offering (IPO) valuation substantially below its peak $7bn valuation, Bloomberg reported. The firm secured that $7bn valuation during a funding round in October 2025. Concerns over high spending rates has cooled market enthusiasm, casting doubt on when the business will become profitable. Overseas funds have expressed interest at a pre-money valuation of roughly $4.5bn, people familiar with the matter said. Local institutional buyers peg the firm's worth even lower, placing it between $3bn and $3.5bn, they added, as per BBG. The startup wants to secure up to $850mn from the public issue. It is still negotiating with potential buyers, the people said. They added that the ultimate valuation, offering size and listing schedule remain subject to change.
