The move comes as the Bengaluru-based company looks to raise capital in the public markets amid intensifying competition in the 10-minute delivery segment, with a fresh sof rivals including Amazon and Flipkart doubling down. According to people who attended investor meetings with Zepto’s senior management, the five-year-old company is targeting full-year post-tax profitability by FY2028-29, while continuing to grow at 25-30 percent quarter-on-quarter.The move comes as the Bengaluru-based company looks to raise capital in the public markets amid intensifying competition in the 10-minute delivery segment, with a fresh sof rivals including Amazon and Flipkart doubling down. According to people who attended investor meetings with Zepto’s senior management, the five-year-old company is targeting full-year post-tax profitability by FY2028-29, while continuing to grow at 25-30 percent quarter-on-quarter.
Zepto trims cash burn before IPO, pitches profitability by FY29 to public market investors
