StartupsET Techabout 4 hours ago
Zepto founders summoned by ED ahead of $1B IPO
3 min read
ED summoned Zepto founders Aadit Palicha and Kaivalya Vohra in April 2026 over FEMA compliance. They provided documents on foreign investments and business operations. Zepto proceeds with $1 billion IPO targeting July listing. No further ED communication has been received.
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