Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 36)
36.
Which company recently changed its parent entity name to align with its brand ahead of a potential IPO?
Answer: Option
Explanation:
Zepto, a prominent player in India’s quick-commerce space, has officially changed the name of its parent company from Kiranakart Technologies Private Limited to Zepto Private Limited. This strategic rebranding effort strengthens its market identity and aligns the corporate and consumer-facing brand in anticipation of an IPO. The move mirrors similar steps taken by other startups like Swiggy and Zomato before their public offerings. By consolidating its legal and commercial identities, Zepto is enhancing brand recall, easing communication with stakeholders, and streamlining regulatory procedures as it prepares to enter the stock market.
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