Zepto Eyes IPO, Expands Nationwide

Zepto, the quick commerce startup, is aggressively expanding its footprint across India. Co-founder and CEO Aadit Palicha announced that the company is investing capital to launch new stores in new cities. He stated, “We’ve gone from being live only in the metros to being live in dozens of new cities over the course of the past 4-5 months.” Palicha further revealed that by the next quarter, Zepto aims to operate in over 50 cities nationwide, including markets like Nasik, Indore, and Kota.

Regarding Zepto‘s plans for an initial public offering (IPO), Palicha expressed optimism about going public within the next year. He remarked, “Somewhere within calendar year 2025, hopefully, that’s our ambition.” However, he acknowledged the unpredictability of capital markets, noting, “Again, hard to commit, right? You know better than I do how quickly capital markets can change, but we’re optimistic, if the business continues to perform as well, that we will go public in calendar year 2025.”

Also read: Zepto Expands Nationwide Amid $5 B Valuation Surge

These statements underscore Zepto’s commitment to rapid expansion and its strategic vision for entering the public market, contingent upon favorable business performance and market conditions.