Download the app
← Latest news

Zepto cuts cash burn ahead of IPO and bets on profitability by FY29

Startups
Published on 24 April 2026
Zepto cuts cash burn ahead of IPO and bets on profitability by FY29

It will grow orders without adding new dark stores

Zepto has started talks with institutional investors ahead of its planned June-July IPO, seeking capital as quick commerce competition heats up. The company says it has sharply reduced quarterly cash burn and is targeting full-year profitability by FY2028-29, while expanding order volumes through demand growth rather than adding dark stores.

  • Zepto is pitching IPO plans to institutional investors
  • Company targets profitability by FY2028-29
  • Cash burn has been reduced significantly
  • Growth strategy avoids adding more dark stores
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.