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.
Sandip Sabharwal picks ICICI, Axis as banking stocks with upside potential
Market expert Sandip Sabharwal identifies ICICI, Axis, and Kotak as top banking picks, citing upside potential. He also sees value in infrastructure stocks like NCC
November 20, 2025