Zepto Kicks Off Talks With Bankers For $450 Mn IPO By Aug 2025

• Zepto plans to raise around $450 Mn via a fresh issue of shares and an OFS component.
• The company has started discussions with Morgan Stanley and Goldman Sachs for the IPO.
• The IPO is contingent on Zepto flipping back to India, aiming for a listing by August 2025.
• Zepto recently raised over $1 Bn in funding, boosting its valuation to $5 Bn.
• The startup aims to increase its dark stores from 400 to 700 by March 2025.

Source: Inc42