Fast commerce unicorn Zepto is about to pre-file its draft crimson herring prospectus (DRHP) with market regulator Sebi on Friday by a confidential route, because it targets a inventory market itemizing someday subsequent yr, in response to sources.
The transfer positions Zepto to turn out to be one of many youngest startups to listing on Indian inventory exchanges.
If the itemizing goes by, Zepto will be part of its rivals Zomato and Swiggy, each of that are already listed on the exchanges.
“Zepto is about to pre-file its draft crimson herring prospectus (DRHP) with Sebi on December 26,” folks aware of the developments advised PTI. HT.com hasn’t independently verified this info.
Everlasting, which owns Zomato and fast commerce platform Blinkit, was listed in 2021, whereas Swiggy, which operates Instamart, made its inventory market debut in November 2024.
The confidential pre-filing permits the corporate to interact with the Securities and Alternate Board of India (Sebi) for preliminary suggestions on its draft doc with out it being publicly disclosed. This route has been more and more favoured by firms looking for extra flexibility of their IPO preparations and responding to market situations earlier than a public submitting.
Queries despatched to Zepto elicited no response.
Valued at USD 7 billion, the corporate has raised a complete of USD 1.8 billion, or about ₹16,000 crore, from marquee buyers since its inception.
In October 2025, the corporate raised USD 450 million (about ₹3,757.5 crore) in a funding spherical led by the California Public Staff’ Retirement System (CalPERS) at a valuation of USD 7 billion.
Zepto achieved unicorn standing in August 2023, after elevating USD 200 million in its Sequence E funding spherical, which valued the startup at USD 1.4 billion.
Based by Stanford College dropouts Aadit Palicha and Kaivalya Vohra, Zepto quickly scaled its 10-minute grocery supply mannequin throughout main Indian cities.
As of September 2025, the corporate had greater than 900 darkish shops, burned ₹1,000-1,100 crore in money and garnered product sales of USD 3 billion, or about ₹26,000 crore.
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