Bengaluru, Nov. 6 -- Quick commerce platform Zepto, which outpaced rivals Blinkit and Swiggy Instamart in monthly cash burn during June-August, is targeting a 75% reduction in these expenses in the run-up to a planned initial public offering (IPO), three people familiar with the matter said.

The platform wants to scale down the cash reserves it utilizes to cover operating expenses to $10-20 million ( Rs.88.5 crore- Rs.177 crore) a month even as it cuts marketing expenditure and staff costs to narrow losses, the people said.

Zepto's monthly cash burn was $80 million ( Rs.708 crore) in August, according to two employees. Swiggy's cash burn for both its food delivery business and quick commerce together was Rs.1,341 crore in Q1 of FY26 and...