Zepto’s IPO valuation slashed to $4.5 bn as investors demand profitability
Foreign investors are only willing to back Zepto at about $4.5 billion pre‑money, while domestic funds see $3‑3.5 billion – far below the $7 billion peak. The lower valuation, paired with an $850 million raise, underscores tightening capital markets for India’s quick‑commerce players and raises questions about the company’s path to profitability.