The FDI question at the heart of Zepto's IPO
Published on: June 12, 2026, 7:38 p.m. | Source: Moneycontrol
As a foreign-owned company, Zepto cannot legally operate an inventory-led e-commerce business in India. The company's IPO filing reveals how a combination of marketplace, wholesale and operating entities allows it to run one of the country's largest quick-commerce networks.
