Zepto FY25 revenue increases 149% to ₹11,110 crore ahead of IPO plans

The revenue of quick commerce unicorn Zepto rose 149.4 per cent to ₹11,110 crore in the financial year 2025 (FY25) against ₹4,454 crore in FY24. 

The growth numbers came as Elcid Investments, a Mumbai-headquartered non-banking financial company, invested ₹ 7.5 crore in the firm as part of its ongoing funding round. As a result, Elcid Investments has acquired a 0.039 per cent stake in the company. Zepto said its valuation remains more than $5 billion with this investment. 

In May this year, Motilal Oswal and Raamdeo Agrawal, the founders of Motilal Oswal Financial Services Limited, bought shares worth $100 million in Zepto, buying $50 million each in their capacity. Edelweiss and Hero FinCorp were also due to participate in the round. Zepto is currently finalising a $500 million secondary funding round, according to a media report. 

 

Lately, the company has been increasing the shareholding of domestic investors, and it plans to have over 50 per cent of domestic ownership before its initial public offering, a source had earlier said.   bs reporter

 

It is planning to go public either in late 2025 or in early 2026.

 

 In January this year, the company also shifted its domicile from Singapore to India to align with listing regulations.