India, July 26 -- Quick commerce has made shopping feel effortless. Customers place an order and receive groceries and daily essentials within minutes. But behind this speed is a costly network of dark stores, warehouses, delivery partners and technology. The key question is whether rising orders can eventually make this model profitable.

Zepto is preparing an IPO comprising a fresh issue of up to Rs. 8,010 crore and an offer for sale of up to 11.35 crore shares. Revenue from operations more than doubled to Rs. 22,623.58 crore in FY26. However, its 690-page DRHP reveals a more complicated picture involving IPO spending, promoter ownership, customer growth, cash burn and competition with Blinkit and Swiggy Instamart.

1.More IPO Money W...