When is the right time for an IPO?
· economictimes.indiatimes.com
Zepto has decided to delay its IPO as investor anxieties mount regarding its current valuations. Many fund houses are hesitant to invest at these high price levels. Before moving forward with its public listing, the quick-commerce company aims to secure private equity funding. In this time, Zepto must also outline a clear strategy for achieving profitability, which may relieve some of the competitive pressures on other industry players.
Pushback by MFs has forced q-comm firm Zepto to put off its IPO . Fund houses are reportedly unwilling to buy the Zepto issue at valuations linked to its latest...