Zepto IPO

Incorporated in July 2021, Zepto is an Indian quick-commerce company focused on ultra-fast grocery delivery. It operates a nationwide network of micro-warehouses called dark stores. Zepto promises delivery of groceries and essentials in about 10 minutes, serving customers in major Indian cities using over 250 dark stores and advanced logistics and technology. The company offers more than 45,000 products, including groceries, electronics, and daily essentials. Zepto has expanded into pharmacy and lifestyle categories to deepen customer engagement. Zepto has rapidly raised large funding rounds, reaching a multi-billion-dollar valuation, competes with Blinkit and Instamart.