Quick commerce unicorn Zepto has received shareholder approval to transition from a private entity to a public company, paving the way for its Initial
Public Offering (IPO) by June 2026. This decision marks a significant step for the company, which is currently valued at $7 billion. Funding and Growth Since its inception in July 2021, Zepto has successfully raised a total of $1.8 billion, approximately ₹16,000 crore, from a range of marquee investors. This financial backing underscores the confidence investors have in Zepto's business model and growth potential. The resolution to approve the conversion was confirmed by shareholders on November 21, as detailed in a recent regulatory filing. Market Strategy According to sources familiar with the developments, Zepto plans to file its draft papers with the Securities and Exchange Board of India (SEBI) within the month. The company has demonstrated impressive growth, reporting a quarterly increase of 20 to 25 per cent in order volume, while also managing to reduce operational burn. This efficiency is likely to attract further investor interest as it prepares for the public listing. Operational Insights As of September 2025, Zepto operated over 900 dark stores and reported gross sales of $3 billion, equivalent to around ₹26,000 crore. The firm has also incurred a cash burn of approximately ₹1,000 to ₹1,100 crore, indicating substantial investment in expansion. The transition to a public company not only aims to raise additional capital but also signals the company's commitment to scaling its operations within the competitive quick commerce sector in India. The upcoming Zepto IPO is anticipated to be a key event in the Indian stock market landscape, reflecting the growing trend of tech-driven companies seeking public listings. Future Prospects The approval from shareholders highlights their confidence in Zepto's future, as the company continues to adapt and innovate within the fast-paced commerce environment. With plans firmly in place for its IPO, Zepto is poised to enhance its market presence and further solidify its position as a leader in the quick commerce sector.
