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SUMMARY
Zepto will not go to IPO this year, even if it files draft red herring prospectus
The company is looking to reduce its cash burn and improve its profit profile
In April, it renamed its registered entity from Kiranakart Technologies Private Limited to Zepto Private Limited
Quick commerce major Zepto
has reportedly postponed its initial public offering (IPO) plans by a year and now plans to hit the bourses in 2026.
A Moneycontrol report, citing sources close to the matter, said that the company is looking to reduce its…
