New Delhi, June 11 -- One of India's leading quick commerce companies, Zepto, filed its updated DRHP on June 8. The company is planning to raise Rs.8,010 crore through a fresh issue, along with an offer for sale (OFS) of 11.35 crore shares by existing shareholders.

The company faces direct competition from listed players, Swiggy (Instamart) and Eternal (Blinkit). So, let's take a closer look at what the updated DRHP reveals about its IPO plans, business model, and SWOT analysis.

As per the updated DRHP filed with SEBI, Zepto plans to utilise the Rs.8,010 crore of fresh issue proceeds for expanding its dark store network across existing and new geographies and funding lease rentals of current outlets.

The funds will also be allocated to...