The Mumbai-based startup is also talking to domestic investment banks for a potential listing of shares by August next year, one of the people said. Swiggy, the parent of Zepto’s rival Instamart, is also readying to hit the public market later this year with a $1.25 billion IPO. Its other bigger competitor, Blinkit, is owned by Zomato, a listed company since 2021.
SBI Mutual Fund: RIL, Infosys, and ICICI Bank among top 10 stock holdings in February
BI Mutual Fund, managing Rs 12.92 lakh crore, revealed its top stock holdings for February. The fund house heavily invested in banking giants like HDFC