Startup Funding News & startup news
Zepto IPO Delay: Smart Move as Valuation Hopes Plunge
Quick Take Zepto has paused its IPO by 2-3 quarters as investors push for a price far below its $7 Bn (Rs 66,801 Cr) valuation. The qcom firm is raising over $105 Mn (Rs 1,002 Cr) in a pre-IPO round from existing backers instead of listing now. CEO Aadit Palicha told staff the firm will…
