AICPDF asks PMO, SEBI, CCI to halt Zepto IPO pending review of quick-commerce practices
The All India Consumer Products Distributors Federation has petitioned the PMO, Finance Ministry, SEBI and CCI to pause Zepto's proposed IPO, citing concerns over the platform's business practices and the erosion of traditional distribution channels.
AICPDF has urged the PMO, Finance Ministry, SEBI and CCI to halt Zepto's proposed IPO pending a comprehensive review, raising concerns about the quick-commerce platform's business practices and impact on traditional distributors.