Zepto, the quick-commerce unicorn, has officially converted from a private entity to a public company, marking a significant step toward its anticipated initial public offering (IPO).
This transformation, recently approved by shareholders, changes the company’s name from Zepto Private Limited to Zepto Limited, signaling its readiness to enter the public market.
Zepto’s Journey to Public Listing
Founded in 2021, Zepto has rapidly risen in the competitive quick-commerce sector in India, challenging giants like Swiggy Instamart and Blinkit with its promise of ultra-fast grocery deliveries.
Valued at $7 billion after raising over $1.8 billion from prominent investors, the company has solidified its position as a key player in the industry.
Strategic Move Ahead of IPO
The conversion to a public entity, with board approval on November 21, 2025, is a critical milestone as Zepto eyes an IPO targeted for June 2026.
This move aligns with regulatory requirements and enhances transparency, preparing the company for scrutiny from public investors and market analysts.
Impact on the Quick-Commerce Landscape
Zepto’s transition is expected to intensify competition in the quick-commerce space, as its public listing could unlock additional capital to fuel expansion and innovation in delivery logistics.
Industry experts suggest that this IPO could set a benchmark for other startups in the sector, potentially triggering a wave of public listings in India’s booming startup ecosystem.
Historical Growth and Challenges
Since its inception, Zepto has achieved remarkable growth, capitalizing on the post-pandemic demand for rapid delivery services, though it has faced challenges like high operational costs and profitability concerns.
Despite these hurdles, recent funding rounds, including a $450 million raise in October 2025, have bolstered its financial standing ahead of the public debut.
Future Prospects Post-IPO
Looking ahead, Zepto’s IPO could reshape investor perceptions of quick-commerce viability, with plans to potentially raise $500 million by mid-2026, as reported by industry sources.
As Zepto prepares to file its Draft Red Herring Prospectus (DRHP) in the coming weeks, the market watches closely to see if it can sustain its hyper-growth trajectory in a crowded field.
Andrew Lee
