India’s Quick-Commerce Giant Zepto Prepares for IPO with Rs 1,500 Crore Loan

Zepto, the fast-growing quick-commerce platform from Bengaluru, is reportedly in talks to land a massive Rs 1,500 crore loan as it gears up for its IPO. The company’s founders, Aadit Palicha and Kaivalya Vohra, are chatting with Edelweiss Alternative Asset and a few local credit funds to make this happen. The goal? To buy shares from foreign investors and boost their domestic ownership before going public.

What’s the Loan About?

Edelweiss has reportedly put in a binding bid for this loan, which comes with an interest rate of 16%. But here’s the kicker: there’s an equity-linked upside that could push the total returns to 18%. Not bad, right? The deal is set to value Zepto at around $5 billion, which is huge. It’ll help them get more Indian investors on board, aiming for over 30% domestic ownership before the IPO. This move is all about looking more appealing to both investors and regulators as Zepto prepares for the big step of listing on the stock market.

Zepto’s Growing Investor Base

The company has been seriously busy lately, raising funds from local investors to reduce their dependence on foreign money. Earlier in 2025, they secured $350 million from investors like Motilal Oswal and Claypond Capital, which helped them bring more Indian capital into the mix. This is part of a bigger strategy to get the right balance of domestic and foreign investors before the IPO.

CEO Aadit Palicha has also shared that Zepto expects to hit breakeven on an EBITDA basis by Q4 FY26. That’s an ambitious target, but it shows they’re thinking long-term and have a solid plan in place.

Zepto isn’t new to raising big money. Last year, in 2024, they raked in $1.35 billion across multiple funding rounds. This includes a $665 million round in June from big names like Glade Brook Capital and Nexus Venture Partners, followed by another $340 million round in August with General Catalyst and others. All this funding has helped Zepto scale up quickly and grab a bigger slice of the market, especially after moving its base from Singapore to India. As Zepto prepares for its IPO, all eyes will be on the company to see how it handles the final push.