Zepto Ltd. faced a 68% cut to its valuation during its initial public offering roadshow last month, prompting the Indian rapid-commerce firm to delay its listing, according to people familiar with the matter.
Investors Slash Zepto’s Valuation, Delaying India IPO Plans
Zepto Ltd. faced a 68% cut to its valuation during its initial public offering roadshow last month, prompting the Indian rapid-commerce firm to delay its listing, according to people familiar with the matter.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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