Zepto pauses IPO plan, seeks ₹1,000 crore pre-IPO funding
Quick-commerce platform Zepto is reportedly seeking a ₹1,000 crore pre-IPO round, largely from existing domestic investors, at an expected $4.5 billion valuation. The company is prioritising Indian ownership and capital for dark stores, technology and potential acquisitions before a future listing.
What happened
Zepto has paused its planned July 2026 IPO and is seeking ₹1,000 crore from mainly existing domestic investors at an expected $4.5 billion valuation. The
Key facts
- ₹1,000 crore planned pre-IPO funding
- $4.5 billion expected valuation
- $7 billion October 2025 valuation
- $450 million raised in October 2025
- 40% Indian shareholder ownership
- ₹8,010 crore proposed fresh IPO issue
- 45% of IPO proceeds for dark stores and leases
- 25% for technology, cloud infrastructure and marketing
- 30% for acquisitions and general corporate purposes
- ₹5,360 crore FY26 adjusted EBITDA loss
- 13% higher FY26 net order value than Swiggy Instamart
- 53% lower FY26 net order value than Blinkit
Why this matters
With fresh capital earmarked partly for acquisitions, Zepto could become a more active buyer of capabilities, regional supply assets and complementary consumer platforms before listing.