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Zepto makes confidential filing with Sebi for $1.3 billion IPO: sources - The Economic Times

Quick commerce platform Zepto has filed confidential draft papers with the Securities and Exchange Board of India for a $1.3 billion (about Rs 11,000-12,000 crore) initial public offering (IPO), said people with knowledge of the development.The Aadit Palicha-led company is looking to raise about Rs 11,000 crore in fresh capital, with the remainder from early investors who are offering shares for sale, ET reported on December 25.Making a confidential filing with the markets regulator, a route als...

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