Zepto to plan 11000 crore IPO by July

If everything goes according to plan, Zepto will be the third quick-commerce company to list on the stock market after Eternal and Swiggy. 

In December 2025, the SEBI approved the draft papers of Zepto to raise ?11,000 crore via an IPO, which was filed confidentially. The papers also suggested that the company is mainly looking to raise fresh funds for the company. However, the total issue size, price band, or valuation, and number of shares are yet to be announced by the company. 

Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto has grown from a quick grocery delivery startup launched during the pandemic into a company preparing for an IPO in just five years. 

According to the report: 

• Zepto runs around 1,255 dark stores across 61 cities
• Instamart runs around 1,181 dark stores across 128 cities
• Zepto handles around 1.6 million daily orders
• Instamart handles about 1.2 million daily orders

Making Zepto a leader in the number of dark stores in India. 

In October last year, Zepto achieved $450 million in funding, valuing the company at $7 billion. As of now, Zepto has achieved $2.3 billion of funding from major investors such as Epiq Capital, Dragon Fund, General Catalyst, Y Combinator, and DST Global.

The competition in quick commerce is growing, with Amazon spending ?2800 crore to expand its expertise in quick commerce, while Flipkart is also spending heavily on dark stores. Overall, customers are choosing a quick commerce company that gives the best delivery at better prices.