India, Jan. 28 -- Quick commerce unicorn Zepto has shifted its domicile back to India from Singapore ahead of its initial public offering (IPO), the company's chief financial officer (CFO) Ramesh Bafna said.

"Historic scenes on completion of. reverse merger from Singapore to India in the fastest ever timeline," Bafna said in a LinkedIn post today (January 28).

"This is a display of understanding of technicals, working with right partners, getting into (the) nuts and bolts on execution, unblocking natural causes of delay and tactical calls real time by an empowered team," he added.

Zepto joins the likes of Groww and PhonePe which have moved their bases to India seeking to capitalise on the maturing startup ecosystem in the country.

Thi...