The delay in an IPO, which was said to be the end-goal for many inside the company, comes as a blow to the staff's morale.

Zepto's IPO plans put on hold.

Listing delayed by a few quarters, founder says.

Zepto to raise over Rs 1,000 crore from backers.

Shashwat M ohanty is the newsletters editor at Moneycontrol. He writes, edits, and publishes all of Moneycontrol’s daily and weekly newsletters.