Zepto IPO: Raamdeo Agrawal says it was premature for the quick-commerce firm to tap public market. Here’s why

Zepto, a quick-commerce firm, has put its initial public offering (IPO) plans on hold due to concerns over its valuation. The company was reportedly seeking a valuation of $2.5-3 billion, which is significantly lower than its private valuation of $7 billion. Market veteran Raamdeo Agrawal believes that Zepto's decision to tap the public market was premature, as the company is not yet profitable. This highlights the importance of profitability for companies considering an IPO, as investors tend to focus on earnings rather than potential growth.

Why it matters

Zepto's IPO plans were deferred due to valuation concerns. This could impact investor confidence in the company.

Market impact

Markets & countries in focus

Transmission channels

Related coverage

• Cologne marches for queer community after Berlin Pride attack South China Morning Post · 2026-08-09
• Thousands expected in Amsterdam for boisterous WorldPride in shadow of Berlin attack Reuters · 2026-08-01
• Germany says fatal Berlin Pride attack believed to be an act of Islamic extremist terror The Hindu · 2026-07-26
• Germany pledges justice over Berlin Pride attack as police hunt suspect Reuters · 2026-07-26
• Berlin Pride parade called off after car drives into crowd South China Morning Post · 2026-07-25
• Vehicle mows down crowd at Berlin Pride, killing one, police say Reuters · 2026-07-25
• Vehicle mows down crowd at Berlin Pride festival, injuring many, police say Reuters · 2026-07-25
• Berlin’s first drag march brings protest, pride and flamboyant celebration to the streets Associated Press · 2026-07-24

Explore the intelligence

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.