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ZEPTO INVESTIGATION
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...- ED summoned Zepto founders under FEMA ahead of IPO: Here’s what the updated DRHP revealsQuick commerce platform Zepto disclosed that its founders, Aadit Palicha and Kaivalya Vohra, were summoned by the Enforcement Directorate (...
- ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
- Parimatch probe takes ED to Zepto's doorstepThe Enforcement Directorate is investigating offshore betting platform Parimatch. The agency has questioned quick commerce app Zepto regard...
- India’s agentic boom tests regulators; Qcomm growth hits brakesHappy Friday! India’s AI agent boom is outpacing the guardrails meant to keep it in check. This and more in today’s ETtech Morning Dispatch.
- TCS Nashik case escalates; Zepto’s road to IPOHappy Tuesday! TCS COO Aarthi Subramanian will head the investigation into a sexual harassment case at its Nashik unit. This and more in to...
- Zepto claims Hyderabad accident victim was not its delivery partnerThe incident occurred in the city's Mehdipatnam police limits, where a rider named Abhishek, a native of Shekpet, died after his two-wheele...
- Govt probes ecommerce platforms over add-on charges for cash-on-deliveryThe government has started an investigation into online shopping sites accused of charging extra for cash-on-delivery orders. This practice...
- Quick commerce industry's hygiene headache explainedQuick commerce platforms face scrutiny. Inspections reveal hygiene issues in some dark stores. Expired products and improper storage are co...
- Zepto’s Mumbai facility resumes operationsA fortnight ago, the FDA had revoked the facility’s food license following an investigation in which they found fungal growth on food artic...
- Zepto delivery guy attacks Bengaluru man over spat in delivery addressZepto has apologized to a Bengaluru customer after an alleged assault by a delivery person. The incident occurred due to an address discrep...
- Ola, Uber, Zepto in hot water for charging iPhone users moreCompanies adopt the differential pricing strategy to charge different prices for the same product or service to different customers or grou...
- Competition Commission seeks more info from complainant on allegations against quick commerce companiesThe Competition Commission of India is awaiting further details on a complaint alleging anti-competitive practices by quick commerce firms....
- Zepto revenue doubles; Decoding Mobikwik IPO frenzyZepto’s financials are out for fiscal 2024. This and more in today’s ETtech Top 5.
- Retail group seeks antitrust probe of quick commerce companies Swiggy, Blinkit, ZeptoIn a letter dated Oct. 18, All India Consumer Products Distributors Federation (AICPDF), which represents 400,000 retail distributors of ma...
- 10-minute delivery firms may be in trouble for alleged unfair business practicesThe Department for Promotion of Industry and Internal Trade has referred a complaint by the All India Consumer Products Distributors Federa...
- Quick commerce market booming: FMCG distributors raise red flags, seek scrutinyFMCG distributors in India have urged government scrutiny of quick commerce platforms, citing threats to small retailers and potential FDI ...
- Human finger in ice cream: Food safety concerns keep quick commerce companies on their toesFood safety concerns have intensified for quick commerce companies in recent weeks, particularly after a disturbing incident in Mumbai wher...
- Human finger fallout: Yummo ice cream off quick commerce shelvesYummo products removed from Blinkit and Zepto after human finger found in Mumbai. Customer files police complaint. Walko Foods halts manufa...
- Ola, Porter, Uber, Dunzo among worst platforms for gig workers: Fairwork India reportBoth Ola and Porter scored zero on a scale of 1 to 10 when evaluated for minimum standards of fair work in the platform economy, according ...
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