Quick-commerce giant Zepto has officially moved towards its public listing by filing a confidential Draft Red Herring Prospectus (DRHP). The company aims to raise approximately ₹11,000 crore from the market. With a war chest of over $900 million in cash, Zepto is now valued between $7 billion and $8 billion. This listing is expected to be a litmus test for the “10-minute delivery” business model as it competes with Blinkit and Swiggy Instamart for market dominance.
