Unlisted Markets

Kiranakart Technologies Private Limited (Zepto)

Consumer Retail · Quick Commerce / Retail

Unlisted / private marketDRHP FiledScreened Candidate
Prospera Indicative PriceIndicative price unavailable

Awaiting a verified source quote. No third-party quote is on record for this company yet, so there is no indicative price to show — and we would rather leave it blank than print a number we cannot stand behind. Our team can confirm the current dealable level directly.

Indicative private-market reference — not an exchange quote. Not investment advice.

Implied valuation
Not available
Revenue growth
Not disclosed
EBITDA margin
Not disclosed
Prospera Score
Not yet scored
Orientation

What the market says, and what we know.

Two separate things, deliberately shown side by side: a sourced private-market price reference, and the depth of research that actually stands behind this company today.

Market reference

No third-party quote has been sourced for this company yet, so there is no market reference to show. Ask us to check the current level and we will come back with what the market is actually doing.

Prospera researchScreened Candidate
  1. Research Universe — availableCatalogued as a strategically relevant private-market company.
  2. Basic Research — availableBusiness and ownership facts verified against primary sources — 2 sourced records on file.
  3. Deep Research — not availableNot started. No financials, no implied valuation and no Prospera Score exist for this company.
  4. Prospera Recommendation — not availableNo Prospera view has been published. Presence in the universe is not a recommendation.
Price history

Indicative Private-Market Price History

Real, dated third-party observations only — plotted where they exist, never interpolated, extended or carried forward. This is a record of private-market sightings, not a live exchange chart.

Price history not available. No dated third-party quotes have been sourced for this company yet.

What the company does

The business, in plain English.

Assembled only from records that exist for this company. Anything not disclosed says so.

Founded
2021
Headquarters
Bengaluru, Karnataka
Sector
Consumer Retail · Quick Commerce / Retail
Promoters
Aadit Palicha, Kaivalya Vohra

What it does

Zepto operates a quick-commerce grocery delivery service promising deliveries in around 10 minutes from a network of dark stores across Indian cities. It was founded in Bengaluru in July 2021 by Aadit Palicha and Kaivalya Vohra and has become one of India's most highly valued private consumer-tech companies. The company filed a confidential DRHP with SEBI in December 2025 and an updated DRHP in June 2026, targeting a raise of roughly Rs. 8,000-11,000 crore that would make it the first pure-play quick-commerce company to list on Indian exchanges.

Source: Wikipedia

Why it matters

Competes directly with Blinkit (Eternal), Swiggy Instamart, and BigBasket's BB Now in India's quick-commerce grocery-delivery race.

Source: Not attributed

Ownership structure

Founder-led with backing from global institutional investors; a 2023 corporate restructuring re-domiciled the parent from Singapore to India

Promoters & principal holders: Aadit Palicha, Kaivalya Vohra

Private-market context

DRHP filed, awaiting listing

UnlistedPre-IPODRHP FiledPublic

What to understand before investing

  • Unlisted shares can be difficult to sell. There may be no continuous market and no guaranteed buyer at the price you see.
  • Any price shown here is an indicative private-market reference, not an exchange quote and not an executable price.
  • An expected IPO may be delayed, repriced or never happen at all.
  • A good company can still be a poor investment at the wrong valuation.
These are standing characteristics of the asset class, not findings about this company. Company-specific risks appear below only where they have been researched.
Research status

Research is not yet complete for this company.

We would rather say that plainly than publish a page that looks finished.

No financials, no implied valuation and no peer comparison have been researched for this company yet.

No Prospera Private Market Score and no Prospera view exist. Being in our universe is not a recommendation, and we will not manufacture one to fill this space.

What you can rely on above is what has actually been verified: the company's identity and business facts, any sourced price observations on record, and any risks that have been documented. If you want us to prioritise deeper work here, ask — that is genuinely how the queue gets set.

Risk

What could go wrong.

Documented, per-company risks — grouped by the categories the research itself recorded. There is no risk score here, because we do not compute one.

Financial

1 recorded risk

The company's updated DRHP disclosed a net loss of Rs. 5,905.19 crore for FY26 despite rapid revenue growth, and reports in July 2026 suggested the IPO size could be trimmed by nearly 20% amid investor caution.

Source: Multibagg / market reporting

Regulatory

1 recorded risk

India's Enforcement Directorate issued summons to co-founders Aadit Palicha and Kaivalya Vohra on April 8, 2026 under FEMA, seeking documents related to foreign investment and shareholding structure.

Source: Multibagg / IPO DRHP disclosure
Corporate events

What's happened, and why it matters.

Dated, sourced events only — recorded as they were reported, in reverse order of significance to a private-market holder.

  1. DRHP Filed9 Jun 2026

    Updated DRHP filed disclosing FY26 financials

    Disclosed FY26 revenue of Rs. 22,623.58 crore alongside a net loss of Rs. 5,905.19 crore, clarifying the scale of losses ahead of listing.

    Source: Yahoo Finance / Multibagg
  2. DRHP Filed26 Dec 2025

    Confidential DRHP filed with SEBI

    First formal step toward what would be India's first dedicated quick-commerce IPO.

    Source: IPO platform reporting
Sources & evidence

Everything traceable.

Every figure on this page comes from one of the records below. Where a source published a link, it is here.

FieldSourceAs of
Business DescriptionWikipediaNot disclosed
Competitive PositionNot attributedNot disclosed
Next step

Interested in Kiranakart Technologies Private Limited (Zepto)?

Every option below opens a conversation with a person at Prospera. Nothing here places, reserves or executes an order.

We will come back with the current dealable level, the available lot size and what the process actually involves. Indicative prices shown on this page are private-market references, not executable quotes.