Profitability, Geopolitical Concerns Weigh On Zepto’s IPO Valuation
Quick commerce major Zepto could make its stock market debut at a valuation significantly below its peak private valuation of $7 Bn , as investors weigh concerns over its cash burn and path to profitability alongside broader geopolitical uncertainty and market volatility. Foreign investors have indicated interest in Zepto’s upcoming IPO at a pre-money valuation of about $4.5 Bn, implying a post-money valuation of about $5.1 Bn, sources told Inc42. Despite the valuation discount, the IPO continue