New Delhi, June 9 (IANS) 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), 1999.According to the updated filing submitted to the Securities and Exchange Board of India (SEBI), the ED sought information and documents related to the company and its p…
Latest Zepto News & Updates
New Delhi, June 5 (IANS) Quick-commerce platform Zepto on Friday said it has fully cooperated with the Enforcement Directorate (ED) and provided all information sought by the agency in connection with its investigation into the alleged promotion of offshore betting platform Parimatch in India, while asserting that it had no direct relationship with the advertiser under scrutiny.In a statement, a Zepto spokesperson said the company had fully cooperated with the ED and shared all information avail…
Chikkamagaluru (Karnataka), March 25 (IANS) A young woman from Nagaland was found dead under suspicious circumstances in Chikkamagaluru district of Karnataka, on Wednesday.Her body was discovered hanging at her residence in Aravindnagar, Chikkamagaluru city.The deceased has been identified as 22-year-old Linsula. According to police, she was working at a resort. Preliminary investigations revealed that she had spoken to a person identified as Kivishe Kinimi for about half an hour prior to the in…
New Delhi, March 12 (IANS) Induction cooktops are rapidly disappearing from online platforms as households across India rush to find alternatives to cooking gas amid growing concerns about LPG supply disruptions linked to the ongoing conflict in West Asia.Search results on leading quick-commerce platforms such as Blinkit, Zepto, Swiggy Instamart and BigBasket are showing “Unavailable” and “Sold out” badges for many induction cooktops in several cities.These platforms, which usually promi…
Mumbai, Jan 21 (IANS) Zomato’s parent firm Eternal Limited on Wednesday announced a major leadership change, with its CEO Deepinder Goyal resigning from his position with effect from February 1, 2026.The company said Albinder Dhindsa, who is currently the CEO of Blinkit, will take over as the new chief executive.In a letter addressed to the shareholders, Goyal said he has recently been drawn towards new ideas that involve higher levels of risk, experimentation and exploration.He explained that…
New Delhi, Jan 19 (IANS) Aam Aadmi Party (AAP) lawmaker Raghav Chadha, who came out in support of delivery partners of the e-commerce platforms and also donned their uniform, doubling up as ‘gig worker for a day’ shared the full video of his grueling sessions with them on Monday. Documenting the daily struggles of gig workers in the hour-long video, the AAP RS MP brought to fore the rigors of their profession, eventually forcing the government to take note and make necessary amends.Raghav Ch…
New Delhi, Jan 13 (IANS) Aam Aadmi Party (AAP) Rajya Sabha MP Raghav Chadha on Tuesday joined gig workers in celebrating a victory for their “safety, dignity and work conditions” as the government directed food delivery and quick-commerce platforms to do away with rigid “10-minute delivery” commitments.In a video message, Chadha said that it is a memorable day for gig workers as the Central government has struck down the private companies’ “10-minute delivery” branding.“The credi…
New Delhi, Jan 13 (IANS) Labour Minister Mansukh Mandaviya on Tuesday asked major food delivery and quick-commerce platforms to do away with rigid ’10-minute’ delivery time commitments, stressing that the safety of delivery partners must come before speed.Mandaviya held discussions with officials of Blinkit, Zepto, Swiggy and Zomato here, during which, he advised them to remove strict delivery deadlines from their platforms and promotional material in the interest of delivery workers’ safety.F…
New Delhi, Dec 31 (IANS) Aam Aadmi Party (AAP) Rajya Sabha MP Raghav Chadha on Wednesday extended strong support to gig workers across the country who observed a nationwide symbolic strike, demanding fair wages, better working conditions and social security from major delivery and e-commerce platforms. Chadha spent New Year’s Eve interacting with protesting gig workers at Old Rajinder Nagar in Delhi, where delivery partners associated with various companies had gathered to make their voices he…
New Delhi, Dec 31 (IANS) Food delivery platforms Swiggy and Zomato have rolled out higher incentives for its delivery workers during peak hours and year‑end days amid a nationwide strike call by gig and platform workers.The incentive push follows calls by delivery worker unions for strikes on December 25 and December 31 to protest pay, working conditions and lack of social security.Zomato has offered delivery partners payouts of Rs 120–150 per order during peak hours between 6 pm and 12 am a…