Indian quick commerce startup Zepto files for $1.2 billion IPO amid warnings of bubble in the sector

Zepto isn’t the only quick commerce startup in India, and competition is heating up both domestically and globally. The country’s online grocery market is set to be worth around $24 billion dollars by 2025, according to Redseer. Zepto Indian quick-commerce startup Zepto has confidentially filed for an initial public offering, according to a public notice…

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