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.

— Source publishedFri, 5 Jun, 2026, 11:42 IST·First seen Fri, 5 Jun, 2026, 11:43 IST·Source Inc42

What happened

ED summoned IPO-bound Zepto in its Parimatch money-laundering probe, alleging the quick commerce platform ran promotional campaigns and circulated flyers with

Key facts

  • ₹3,000 Cr
  • ₹1.2 Cr
  • ₹3.8 Cr
  • ₹112 Cr
  • 17 locations

Why this matters

Regulatory overhang on Zepto opens a window for rivals to court anchor investors and accelerate partnership talks while the IPO pricing conversation stalls.

Also reported by