Zepto pushes IPO back by 2-3 quarters amid weak investor interest

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Quick commerce startup Zepto has decided to postpone its planned IPO by two to three quarters, CEO informed staff. The delay follows a lukewarm response from domestic investors, who offered valuations well below the company's last funding round. To bridge the gap, Zepto is now seeking Rs 1,000 crore through a pre-IPO funding round. The company is targeting a revised valuation of approximately $4–4.5 billion for this fresh investment, marking a step down from its previous valuation expectations.

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