E-commerce
Zepto defers IPO as investor valuations clash over $2.5–3B ask

Zepto is considering delaying its public listing as negotiations stall over investor pushback on valuation—reports suggest investors are targeting $2.5–3B, a significant reset from higher private market prices. Founders should read this as: the 2024 IPO window for loss-making, high-burn models is closed. Zepto's delay is the market's way of repricing risk.
Source: Inc42 ↗
🎧 This story is in the 30 July 2026 episode — Arjun & Meera