Zepto gets NCLT approval to shift domicile back to India ahead of 2025 IPO

Quick commerce platform Zepto’s plan to shift its domicile back to India from Singapore has been green lit by the National Company Law Tribunal (NCLT), a move which will simplify the holding structure of the IPO-bound firm, and enable future fund raising from local as well overseas investors.

The NCLT gave its nod to Kiranakart Technologies Private Limited — the Indian entity operating Zepto — to become the holding company of the quick commerce unicorn. The company was earlier a subsidiary of KiranaKart Pte Ltd in Singapore.