Zepto, the Indian quick-commerce startup known for 10-minute grocery delivery, is preparing to publicly file IPO papers in the first half of June for an offering that could raise as much as $1B, with the listing potentially launching as soon as July. The deal would include a mix of fresh shares and secondary stake sales, with new capital going toward expanding operations and building out its dark-store network. Zepto reached a $7B valuation during a $450M round in October, and competes against Swiggy, Zomato, Amazon India, and Tata Group-backed BigBasket. If completed at the targeted size, it would be only the second billion-dollar Indian IPO this year, after SBI Funds Management, in a market where companies have raised roughly $3.5B through IPOs so far in 2026.
