Zepto Files ₹8,010 Cr IPO As Losses Widen; MyGate Bags ₹225 Cr; Delhi NCR Tops D2C Hubs
Zepto's updated DRHP reveals ₹5,905 Cr FY26 loss against ₹22,623.6 Cr revenue. MyGate raises ₹225 Cr ($23.6 Mn) to deepen presence across 27,000 gated communities and 5 Mn homes. Quick at-home beauty heats up with Urban Company, Yes Madam, Snabbit. Delhi NCR overtakes Bengaluru as India's top D2C hub at $3.5 Bn funding.
What happened
Roundup covers quick at-home beauty competition (Urban Company, Yes Madam, Snabbit), Zepto's updated DRHP with ₹8,010 Cr fresh issue amid widening losses,
Key facts
- ₹225 Cr MyGate funding
- $23.6 Mn
- 27,000 gated communities
- 5 Mn homes
- Zepto IPO fresh issue ₹8,010 Cr
- Zepto FY26 loss ₹5,905 Cr
- Zepto revenue ₹22,623.6 Cr
- Flipkart dues ₹1.69 Cr
- $3.5 Bn D2C funding Delhi NCR
Why this matters
At-home beauty consolidation (Urban Company, Yes Madam, Snabbit) and gated-community access via MyGate open adjacency M&A windows for incumbents seeking last-mile household reach.
Also reported by
- Inc42 — 1h after first sighting