DRHP Status : Not Filed
57
All documents are provided for informational purposes and are subject to regulatory disclosures.
The following table shows a 10-point analysis of Zepto Ltd. We will discuss each point in detail after this table.
| Parameter | Key Numbers | Insights |
|---|---|---|
| Business Overview | FY25 Revenue ₹11,110 cr Net Loss ₹3,367 cr |
One of India’s fastest-growing quick-commerce platforms delivering groceries and daily essentials through a network of dark stores and hyperlocal logistics. |
| Industry & Market Position | Founded in 2021 45,000+ products listed |
Operates in India’s rapidly expanding quick-commerce segment, focusing on ultra-fast delivery of groceries, essentials and consumer products in urban markets. |
| Revenue Growth Trend | FY23 ₹2,024 cr → FY24 ₹4,454 cr → FY25 ₹11,110 cr | Revenue has grown sharply over the past three years due to expansion of dark stores, rising order volumes and increasing adoption of quick-commerce services. |
| Profitability & Margins | FY25 Net Loss ₹3,367 cr | The company remains loss-making as it continues heavy investments in logistics infrastructure, technology development and customer acquisition. |
| Cash Flow Quality | Funding raised $450 million Valuation ~ $7 billion |
Backed by global investors with strong funding support that enables rapid expansion and platform development. |
| Balance Sheet Strength | Total funding raised ~ $2.4 billion | Significant venture capital funding provides the financial capacity to expand operations, dark-store networks and technology infrastructure. |
| Valuation Comfort | Startup valuation ~ $7 billion | Valuation primarily reflects growth potential, scale expansion and investor expectations rather than near-term profitability. |
| Management & Governance | Founded by Aadit Palicha and Kaivalya Vohra | Founder-led technology company focusing on data-driven logistics, ultra-fast delivery networks and scalable e-commerce infrastructure. |
| Growth Triggers & Catalysts | Expansion of dark stores Rising online grocery adoption |
Continued expansion into new cities, larger product assortment and improving unit economics could support long-term growth. |
| Liquidity & Exit Visibility | IPO plans under consideration | The company has reportedly filed confidential papers for a potential IPO which may provide liquidity for early investors in the future. |
Company Overview
Zepto Ltd. is an Indian quick-commerce technology company that provides ultra-fast delivery of groceries and daily essentials through a network of dark stores and hyperlocal logistics. The company was founded in 2021 by Aadit Palicha and Kaivalya Vohra, with a focus on enabling customers to receive orders within minutes using technology-driven supply chains.
Zepto operates a network of micro-warehouses (dark stores) across major cities, allowing it to store inventory closer to consumers and fulfill orders rapidly. The platform offers over 45,000 products, including groceries, household items, electronics, and other daily essentials through its mobile application.
The company has scaled rapidly and recorded ₹11,110 crore revenue in FY25, representing significant growth compared with previous financial years. Zepto has raised several rounds of funding from global investors and has achieved a valuation of around $7 billion in recent funding rounds.
To prepare for a potential public listing, the company has also shifted its domicile to India, aligning with domestic listing regulations.
Here are some highlights of Zepto's financial performance over the years.
Quick Summary
Zepto Ltd. has emerged as one of India’s fastest-growing quick-commerce companies, driven by rapid expansion of its logistics network, strong investor backing, and growing urban demand for ultra-fast delivery services.
While the company has achieved impressive revenue growth in a short period of time, profitability remains a key challenge due to heavy investments in infrastructure and customer acquisition.
From an investor’s perspective, Zepto’s high growth trajectory, strong funding support, and potential future IPO make it an interesting long-term opportunity, though investors should also consider the risks associated with early-stage technology businesses.
The following are the key founders of the company:
| Name | Designation | LinkedIn Profile |
|---|---|---|
| Aadit Palicha | Co-Founder & CEO | View Profile |
| Kaivalya Vohra | Co-Founder & CTO | View Profile |
Click Here to visit the official website of Motilal Oswal Home Finance Ltd
Coming soon...
Zepto unlisted shares are equity shares of Zepto Ltd., a private company that is not listed on NSE or BSE. Investors can buy Zepto unlisted shares through private market platforms like UnlistedKraft.
Yes. Investors can purchase Zepto unlisted shares on UnlistedKraft by completing the KYC process and placing an order. The shares are transferred to the investor’s demat account after the transaction is completed.
Investing in Zepto unlisted shares involves risks because the company is not publicly listed. However, Zepto is a well-funded startup with strong growth in the quick-commerce sector.
The price of Zepto unlisted shares is determined by recent private transactions, funding valuations, investor demand, and overall company performance.
Yes. A demat account is required to hold Zepto unlisted shares, as the shares are transferred electronically.
There is no mandatory holding period for Zepto unlisted shares unless the company goes public. Investors usually hold them until a liquidity event such as an IPO or acquisition.
Yes. Investors can sell Zepto unlisted shares before an IPO through private market platforms, subject to buyer availability and prevailing market demand.
Yes. As per SEBI regulations, investors holding Zepto shares before the IPO are typically subject to a six-month lock-in period after the company lists.
If Zepto unlisted shares are held for more than two years, gains are taxed at 20% with indexation. If sold within two years, gains are taxed as per the investor’s income tax slab.
UnlistedKraft provides verified deals, transparent pricing, and fast share transfers, helping investors access private market opportunities like Zepto unlisted shares.