India's food regulator has initiated penal action against Amazon and Swiggy over misbranding. Flipkart India is also named among the online retailers facing action; the supplied text gives no further details.
Zepto’s draft IPO filing reports rapid growth alongside widening losses as the Indian quick-commerce company prepares to go public. In fiscal 2026, operating revenue rose 104% to ₹115.5 billion, advertising revenue increased 151% to ₹16.4 billion, and net losses reached ₹59.1 billion. Zepto plans to raise up to ₹80.1 billion in a fresh share issue, while its public-market valuation remains uncertain amid reports that some potential investors value it below its last $7 billion private round.
Zepto raises $350 million in a new funding round, its third financing in six months, as it strengthens its position in India’s quick-commerce market ahead of a planned IPO next year. The round includes Indian family offices, wealthy individuals, and asset manager Motilal Oswal, and maintains the startup’s $5 billion valuation. Zepto has raised more than $1.35 billion since June.
Zepto is in advanced talks to raise $100 million from Indian family offices and high-net-worth individuals, its third funding round in six months. The proposed investment values the startup at $5 billion, matching its August financing, and Motilal Oswal has commitments for more than half of the allocation. Zepto is raising the money to expand its domestic investor base as it plans to go public next year.