Rapid‑commerce platform Zepto Ltd. lodged an updated draft prospectus, moving the company closer to a potential public listing. The filing signals intent to raise $1 billion through an Indian IPO, a size that would rank among the year’s larger tech offerings. Investors will now scrutinise the prospectus for valuation cues and growth outlook.

The filing follows months of fundraising that have positioned Zepto as one of India’s fastest‑growing consumer‑internet firms. By formalising its capital‑raising plan, the company invites market participants to price its business against peers in e‑commerce, logistics and on‑demand delivery. Analysts expect the prospectus to reveal revenue trends, cash‑burn rates and the role of foreign investors.

Market impact could be immediate. A successful IPO would inject fresh capital, potentially accelerating Zepto’s expansion into new cities and deepening its inventory model. It also offers a benchmark for other rapid‑commerce startups seeking public markets, while providing a liquid exit for early backers. The filing marks a decisive step toward a high‑profile listing.