Zepto IPO

Incorporated in December 2020, Zepto Ltd. is one of India's leading quick commerce companies, delivering groceries and everyday essentials through its technology-enabled platform. The company has built its business around ultra-fast delivery, offering customers access to a broad assortment of products ranging from fresh fruits and vegetables to personal care products, electronics, household essentials, and FMCG items.

As of March 31, 2026, Zepto operated a network of 1,139 dark stores across 66 cities in India, enabling it to fulfil orders efficiently and maintain its rapid delivery promise. The platform offered an average of 46,623 SKUs, catering to a wide range of daily consumption needs. During Fiscal 2026, Zepto served 47.97 million Annual Transacting Users (ATUs) and processed an average of 2.33 million orders per day, highlighting the scale and growing adoption of its services.

The company has developed a strong technology backbone through its in-house warehouse management systems, last-mile delivery platform, workforce management tools, demand forecasting models, and advertising technology. Its revenue streams extend beyond product sales and include advertising services, delivery fees, logistics income, and procurement and distribution activities. In Fiscal 2026, Zepto reported a Net Receivables Value (NRV) of ?248,155.39 million, reflecting the rapid expansion of its operations.

Supporting this scale is a workforce comprising 5,212 permanent employees and 48,011 operating staff as of March 31, 2026, making Zepto one of the largest players in India's fast-growing quick commerce ecosystem.