StartupsInc42about 10 hours ago
Profitability, Geopolitical Concerns Weigh On Zepto's IPO Valuation
3 min read
Foreign investors value Zepto's IPO at a post-money valuation of roughly $5.1 Bn, below its peak private valuation of $7 Bn. Concerns over profitability, cash burn, and geopolitical uncertainty weigh on the valuation. Norges and Motilal Oswal are expected to account for 40-45% of the anchor book.
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