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Zepto pauses IPO, announces pre-IPO funding round
Quick commerce firm Zepto has postponed its initial public offering plans. The company cited its strong balance sheet and focus on execution for this decision. Zepto reported significant cash reserves as of March 31, 2026. This move follows discussions where public market valuations fell below expectations. The startup will update its draft prospectus with upcoming financial results.
3 mins read
Compared to July 2025, UPI transaction volumes rose 22% in July, while the transaction value increased 19% compared to a year ago. The July data also signals a further increase in low-value transactions, with the average daily transaction amount at Rs 96,383 crore from Rs 96,405 crore in June. The average daily transaction count rose marginally to 763 million transactions.
3 mins read
Indian tech and startup funding saw a significant drop in July. Total funding reached $886.4 million across 82 investment rounds. Late-stage deals represented the majority of capital raised during the month. Key investors like Inflection Point Ventures and Rainmatter were actively involved. Funding activity slowed considerably in the final week of July.
3 mins read
Zepto has paused its IPO and plans to refile its draft papers after two to three quarters. The decision follows months of valuation negotiations, investor pushback and shifting market conditions. Here's a look at the key events, from its confidential filing to the final decision, that led to the pause.
3 mins readBy Blessy Reji
The designing of chips in these specific categories will be eligible to receive enhanced financial subsidies through grants, co-investments and royalties, announced in the second iteration of the semiconductor mission. The Centre will take minority equity stakes in Indian semiconductor startups matching investments by whitelisted private venture capital funds. It will match the investments made in semiconductor design by whitelisted, deep tech funds
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