Zepto Set to Cross $1B Quarterly NOV as IPO Filing Nears
Zepto's net order value is on track to double to $1 billion in the June quarter from $500 million in late 2025, driven by 1,255 dark stores across 61 cities. The quick commerce player is sharpening profitability with cash burn at Rs 200 per order, ahead of a confidential IPO filing post SEBI's initial nod.
What happened
Zepto's net order value likely to cross $1 billion in June quarter, doubling from $500 million in late 2025, as it sharpens profitability focus and prepares
Key facts
- $1 billion NOV
- $500 million late 2025
- Rs 200 cash burn per order
- $450 million funding
- $7 billion valuation
- 1,255 dark stores
- $2 billion raised
- 61 cities
Why this matters
Zepto's pre-IPO scale milestone and SEBI green light reshape the quick commerce M&A landscape, raising the bar for strategic tie-ups, defensive consolidation, or partnership plays among adjacent retail and grocery incumbents.