
Zepto IPO hits snag as mutual funds demand 30-40% valuation cut
Top mutual funds resist Zepto's $4-5B IPO valuation, seeking a 30-40% reduction as the quick commerce startup prepares to launch.
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Top mutual funds resist Zepto's $4-5B IPO valuation, seeking a 30-40% reduction as the quick commerce startup prepares to launch.

Zepto's IPO secures early backing from Norges and Motilal Oswal as AI investment surges in India's VC scene.