Zepto changes parent entity's name ahead of IPO

Zepto is changing its parent entity name to Kiranakart, signaling potential IPO preparations. This move involves restructuring the company's legal framework and aligning it for public market listing. The name change suggests a strategic shift as Zepto aims to capitalize on its rapid growth in the quick-commerce sector. This restructuring is a common step for startups seeking to go public and attract investors. The transition to Kiranakart reflects Zepto's ambitions and its evolution from a startup to a more mature company.