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#MCExclucive | 🚨 Quick commerce unicorn Zepto picks #GoldmanSachs, #MorganStanley and #AxisCapital for $450 million-$500 million IPO While three investment banks have been finalised, Zepto is likely to add more names as part of the final IPO syndicate. The company is aiming… https://t.co/ZseFSYMroa
Quick commerce startup Zepto has picked investment banks like Goldman Sachs, Morgan Stanley and Axis Capital as advisors for its initial public offering (IPO) that is set to launch in the second half of 2025, three people aware of the developments told Moneycontrol. Zepto's move… https://t.co/vyFSiP0DZ5
🚨 Exclusive: Zepto picks Goldman Sachs, Morgan Stanley and Axis Capital for its IPO https://t.co/yJWXyO4WZ4 via @moneycontrolcom
Quick commerce startup Zepto has selected Goldman Sachs, Morgan Stanley, and Axis Capital as advisors for its initial public offering (IPO), which is set to launch in the second half of 2025. The company has raised $1 billion in 2024, pushing its valuation to $5 billion, and aims to further increase its valuation to $50 billion. Zepto is also considering adding more names to its final IPO syndicate, which is expected to be valued between $450 million-$500 million, and is in discussions with both Wall Street and domestic investment banks for a potential listing by August next year. The information was confirmed by three people aware of the developments.
