Zepto may defer IPO; Festive carts go premium

Published 30 July 2026 · finance

Next Zepto may defer IPO; Festive carts go premium Want this newsletter delivered to your inbox? Also in the letter Zepto negotiating IPO pricing; may

Next Zepto may defer IPO; Festive carts go premium Want this newsletter delivered to your inbox? Also in the letter Zepto negotiating IPO pricing; may defer listing over next few weeks Deal details Institutional investors have indicated a valuation of around $2.5-3 billion, while Zepto is pushing for a higher price. Postponement remains an option if the valuation gap persists over the next few weeks. However, the company prefers to list and is reviewing the offers before taking a final call on the issue. Zepto's current draft IPO papers are valid till August 21. Tell me more Also Read Premium takes priority in ecommerce carts this festive season Inside the trends Premium product orders are up 20-25%, while mass-segment orders are flat or marginally higher.

Entry-level smartphones saw a slight decline, while TVs and entry-level appliances grew 4-5%. Apparel inventory orders are up 15-20% due to continued growth in sales month-on-month this year, the chief executive of an online-focused brand said. Premium bet Executives at these online marketplaces and their sellers have been meeting brands to place festive orders and finalise plans since last week. Online sellers are building inventory around front-load washing machines, televisions of 43 inches and above, premium single-door, frost-free and side-by-side refrigerators, and smartphones priced above Rs 30,000. Also Read Brands see strong consumer appetite this festive season despite war-led woes IT adds 5,400 employees in Q1 in hire-on-demand plan Number-wise TCS led the pack with a net addition of 9,000 — its biggest quarterly gain in three years.

Wipro also grew headcount. its biggest quarterly gain in three years. Wipro also grew headcount. Infosys’ headcount was reduced by 530 employees after a drop of 8,440 in the March quarter. by 530 employees after a drop of 8,440 in the March quarter. Tech Mahindra saw a reduction of 800 employees in Q1 compared with nearly 2,000 in the previous three months. of 800 employees in Q1 compared

with nearly 2,000 in the previous three months. HCLTech, which reported a revenue dip of 0.5%, was the only one with a significant decline in headcount. But why: But why Yes, and Also Read IT growth under pressure amid delayed deal ramp-ups Other Top Stories By Our Reporters OfBusiness FY26 revenues fall Ownly eyes multi-city expansion Gig workers welfare law in Karnataka HC Global Picks We Are Reading