What I think Zebpay is aiming to move its operations outside India and turn into International Exchange. Almost all the notable Indian Exchanges have given updates and future plans to counter fight ban. Few are turning into P2P platform, others are trying some other ways out. But Zebpay on the other hand didn't give any such updates since it closed Rupee withdrawals/deposits. Hints are clear, Zebpay is ready to leave Indian market and we may never exchange crypto to INR on Zebpay ever again.
Pity!