Zepto Renames Its Registered Entity Ahead Of IPO
In line with its quick commerce peers Zomato and Swiggy, Zepto has now reportedly changed the name of its registered entity from Kiranakart Technologies Private Limited to Zepto Private Limited. A Moneycontrol report said that Zepto has received the regulatory nod from the Registrar of Companies for this move, ahead of its initial public offering slated for launch later this year. Inc42 has reached out to the company for comments on the development. The story will be updated based on the response. The move follows Zomato’s announcement earlier this year that its parent company, Zomato Limited, would change its name to Eternal Limited. While Swiggy, last year, before its IPO, changed its registered company name from Bundl Technologies Private Limited to Swiggy Private Limited. As a part of its IPO preparations, Zepto recently roped in Akhil Gupta, vice chairman of Bharti Enterprises, as an independent director to its board. Gupta joined fellow board members like cofounders Aadit Palicha and Kaivalya Vohra, alongside Avra founder Anu Hariharan and Nexus Venture Partners’ cofounder and managing director Suvir Sujan. (The story will be updated soon) The post Zepto Renames Its Registered Entity Ahead Of IPO appeared first on Inc42 Media.
In line with its quick commerce peers Zomato and Swiggy, Zepto has now reportedly changed the name of its registered entity from Kiranakart Technologies Private Limited to Zepto Private Limited.
A Moneycontrol report said that Zepto has received the regulatory nod from the Registrar of Companies for this move, ahead of its initial public offering slated for launch later this year.
Inc42 has reached out to the company for comments on the development. The story will be updated based on the response.
The move follows Zomato’s announcement earlier this year that its parent company, Zomato Limited, would change its name to Eternal Limited.
While Swiggy, last year, before its IPO, changed its registered company name from Bundl Technologies Private Limited to Swiggy Private Limited.
As a part of its IPO preparations, Zepto recently roped in Akhil Gupta, vice chairman of Bharti Enterprises, as an independent director to its board. Gupta joined fellow board members like cofounders Aadit Palicha and Kaivalya Vohra, alongside Avra founder Anu Hariharan and Nexus Venture Partners’ cofounder and managing director Suvir Sujan.
(The story will be updated soon)
The post Zepto Renames Its Registered Entity Ahead Of IPO appeared first on Inc42 Media.
