Zepto Charts New Course: Fundraising and Strategic IPO Postponement Signal Industry Shift
Zepto is reportedly raising fresh funds while strategically postponing its IPO. This pivot reflects a broader industry shift towards profitability and sustainable growth amidst evolving investor expectations. The quick commerce leader aims to strengthen…
Zepto Postpones IPO Amidst Valuation Challenges, Seeks Pre-IPO Funding
Zepto has postponed its IPO for 2-3 quarters, seeking Rs 1,000 crore in pre-IPO funding at a revised $4-4.5 billion valuation. The quick commerce startup faced tepid investor response to its initial valuation expectations, reflecting a cautious market…
Zepto Postpones IPO, Seeks Rs 1,000 Crore Pre-Listing Funding at Revised Valuation
Quick commerce firm Zepto is delaying its IPO, seeking Rs 1,000 crore in pre-IPO funding at a revised $4-4.5 billion valuation, down over 30% from its previous $7 billion. This strategic move aims to secure capital amidst evolving market conditions and a…
Leadership Shift at Swiggy Instamart: Nandita Sinha Takes Helm Amidst Quick Commerce Evolution
Amitesh Kumar Jha resigns as CEO of Swiggy Instamart, with Myntra's Nandita Sinha appointed as his successor. This leadership change comes as Swiggy Instamart navigates the competitive quick commerce landscape, aiming for sustainable growth and…
India’s Primary Market Set for Rs 25,000 Crore IPO Boom Across Diverse Sectors
India's IPO market is set for a major boom as over a dozen companies, including Zepto and Shiprocket, plan to raise more than Rs 25,000 crore. This surge spans diverse sectors like quick commerce, housing finance, and education infrastructure, reflecting…