
Zepto filed its updated DRHP with SEBI, revealing that cofounders Aadit Palicha and Kaivalya Vohra were summoned by the Enforcement Directorate last month regarding foreign investments and shareholding. Motilal Oswal bought ₹577 crore worth of shares from early foreign backers in a secondary transaction last year. Nexus Venture Partners plans to offload 8.78 crore shares in the IPO's OFS component.
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Zepto files IPO papers to raise Rs 8,010 crore
Summary by ByteBrief