Zepto Ltd, a quick commerce company founded by Aadit Palicha and Kaivalya Vohra, has received approval from the Securities and Exchange Board of India (Sebi) for its confidential initial public offering (IPO) papers. This marks a significant step towards India's first pureplay quick commerce listing. The company aims to file updated draft papers within six to eight weeks, which will publicly disclose share sale details, including financial metrics and operational data. In October 2025, Zepto was valued at $7 billion during a $450 million funding round led by the California Public Employees’ Retirement System. Despite a 129% increase in revenue to ₹9,669 crore in fiscal year 2025, the company's net loss widened to ₹3,367 crore. Analysts suggest that bearish market sentiment could affect Zepto's valuation, as seen in recent IPOs from other private equity-backed companies. If successful, Zepto's IPO could represent one of the fastest transitions from launch to listing in India’s consumer internet sector.