Topic
public markets
Business Zepto IPO: Can 10-Minute Delivery Sustain Profitability Under Public-Market Scrutiny?
Zepto has filed its draft red herring prospectus for an IPO of up to Rs 80,100 million, revealing revenues of Rs 22,623 crore for FY26 but pre-tax losses of Rs 6,468 crore. The company leads peers on order density per dark store, yet faces declining average order values and negative operating cash flow.
Technology Quantum Computing’s Public Market Moment: Quantinuum IPO Sees Strong Demand Despite Massive Losses
Quantinuum, a quantum-computer maker, goes public on the Nasdaq amid strong investor demand, despite losing nearly $200 million last year and a revenue drop in early 2026. The company is the fourth quantum firm to list in the US this year and the first via a traditional IPO. A $2 billion US government investment in quantum technology has bolstered market confidence, but experts caution that the technology may never be commercially viable.