Zepto IPO: The numbers behind the 10-minute promise

Two Stanford dropouts. A 10-minute delivery promise. And now, an IPO.Revenue up 5x in two years. Losses close to 5,000 crore higher. Free cash flow at negative 4,300 crore. And the prospectus itself admits — Zepto has never generated positive cash flow. Not once.We go past the headlines — into the unit economics, the advertising flywheel, the cash burn, and what the UDRHP actually says about the road to profitability.For informational purposes only. Please consult a SEBI-registered investment advisor before making any investment decisions.For more, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠askfuzz.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.