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Zepto, a quick-commerce startup, moves its parent company to India before its $1 billion IPO.
Zepto, a quick-commerce startup, has moved its parent company from Singapore to India ahead of its planned IPO.
This shift allows Zepto to tap into the Indian capital market, aiming to raise $1 billion.
The company, which saw its revenue more than double to Rs 4,454 crore in the latest fiscal year, joins other Indian startups like PhonePe and Groww in relocating to leverage domestic investment opportunities.
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Zepto, una startup de comercio rápido, traslada su empresa matriz a la India antes de su IPO de mil millones de dólares.