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Zepto gets NCLT approval for reverse flip to India ahead of IPO
short by Bhuvnesh Ojha / on Monday, 13 January, 2025
Kiranakart Technologies Private Limited can now proceed to become holding company of commerce unicorn Zepto, according to an order from National Company Law Tribunal (NCLT). Zepto, prior to this, was subsidiary of Kiranakart Pte. Ltd which is based in Singapore. The approval to shift its base back to India comes ahead of Zepto's initial public offering (IPO) later this year.
read more at Moneycontrol