Quick commerce company Zepto plans to launch its initial public offering (IPO) within the next two to three quarters as it works towards stronger profitability. CEO Aadit Palicha also confirmed that the company will not need to file a fresh Draft Red Herring Prospectus (DRHP) before its public listing.
Jio Platforms has appointed Pankaj Pawar as its new Chief Executive Officer (CEO), according to media reports citing the company's draft IPO papers. Pawar, who also serves as the Managing Director of Reliance Jio Infocomm, succeeds Kiran Thomas as the company prepares for its proposed initial public offering (IPO). The leadership change comes as Jio Platforms reportedly plans to raise around $4 billion through its IPO.