ZEPTO EYES $1B IPO WITH JUNE FILING

Zepto Ltd., India's fastest-growing delivery service, is preparing regulatory paperwork for an initial public offering expected in the first half of June, according to sources familiar with the plans. The rapid-commerce platform aims to raise approximately $1 billion through the IPO. The filing would mark a significant milestone for Zepto, which has expanded aggressively across Indian cities with sub-10-minute delivery promises. The move follows increased IPO activity in India's tech sector. Zepto has previously raised funding at a $3.6 billion valuation and competes directly with rivals Blinkit and Dunzo in India's crowded quick-commerce market. The company's IPO filing comes as investor appetite for Indian startups remains strong, despite broader market volatility. Zepto's performance will be closely watched as a bellwether for the quick-commerce sector's maturity and profitability prospects.