Zepto May Downsize IPO; Investors Peg Valuation at $3.5–4 Billion

Zepto is expected to announce its price band in seven to eight days and may cut IPO size by over 20% due to investor pushback, with valuation expected between $3.5–4 billion, per ET Tech (17 Jul 2026). Builders in logistics, supply-chain, or unit-level economics should brace for extended sales cycles—investors are now pricing in margin recovery timelines of 3+ years, not 12 months.

Source: ET Tech ↗