Last Updated: October 12, 2026

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  • Tag: adit Palicha

    Zepto’s updated IPO filing reveals ED summons to founders

    IPO-bound quick commerce platform Zepto has disclosed in its updated draft red herring prospectus (UDRHP) that its founders -- Aadit Palicha and Kaivalya Vohra -- received summons from the Directorate of Enforcement (ED) in April under proceedings linked to the Foreign Exchange Management Act (FEMA), 199