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Zepto SEBI IPO Nod, Gameskraft Founders Arrested, Swiggy Loss Shrinks to 800 Cr

Business
Published on 8 May 2026
Zepto SEBI IPO Nod, Gameskraft Founders Arrested, Swiggy Loss Shrinks to 800 Cr

SEBI approval could turn quick commerce into a blockbuster listing

Startup and business news collided on 8 May 2026. Zepto secured SEBI approval for its $1.2 billion IPO, moving it closer to a landmark quick commerce listing. The ED arrested all three Gameskraft co-founders in a money laundering case tied to real-money gaming platforms. Swiggy also posted Q4 results with its loss narrowing 26% to ₹800 crore on 45% revenue growth.

  • Zepto gets SEBI observation letter for a $1.2 billion IPO
  • ED arrests all three Gameskraft co-founders under PMLA allegations
  • Swiggy Q4 loss falls 26% to ₹800 crore as revenue jumps
  • Cloudflare plans 1,100 layoffs in an AI-first restructuring
Read the full story at Startup Talky

This summarization was done by Beige for a story published on Startup TalkyStartup Talky

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