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The hyperlocal delivery startup has also been late in depositing TDS from salaries, even as it delays salaries to September.

SEBI has lowered the bar for loss-making startups to list. In that context, a company like Zepto redefines the meaning of risk in public market investing.
The retired banker wants India’s top companies to invest in AI. But the capital, ambition, and urgency simply aren’t there.
The 15-year-old company has bought one brand after another in the hope of growing fast. That plan has fallen flat on its face, but there’s no stopping Wingreens.