ED Summons IPO-Bound Zepto in Parimatch Money Laundering Probe
Enforcement Directorate has pulled Zepto into its ₹3,000 Cr Parimatch probe, alleging the quick commerce platform ran promotional campaigns and circulated flyers for the banned Cyprus-based betting platform alongside grocery orders. Zepto attributes the ads to a third-party agency.
ED summoned IPO-bound Zepto in its Parimatch money-laundering probe, alleging the quick commerce platform ran promotional campaigns and circulated flyers with grocery orders for the banned Cyprus-based betting platform. Zepto says a third-party managed the ads.
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