The Headlines – Zepto kicks off IPO process: E-commerce startup files draft papers with Sebi: Rs 11,000 crore issue planned for next year

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The Headlines – Zepto kicks off IPO process: E-commerce startup files draft papers with Sebi: Rs 11,000 crore issue planned for next year

Quick e-commerce firm Zepto has filed preliminary papers with SEBI for an IPO, aiming to raise Rs 11,000 crore. The company, founded by Stanford dropouts, is utilizing a confidential filing route for its planned stock market debut next year. Zepto’s move follows successful listings of rivals Zomato and Swiggy.

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