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Zepto nearing $4 bn in annualised gross order value, cash burn down by half: Aadit Palicha
PTI -
Zepto Co-Founder Aadit Palicha shared that Zepto has reduced its EBITDA and OCF burn by 50 per centNew Delhi: Quick commerce major Zepto is approaching $4 billion in annualised gross order value (GOV), company Co-Founder and CEO Aadit Palicha...
E-Commerce
Zepto’s Palicha calls out Zomato’s Goyal for comment on Zepto burning Rs 2,500 cr every quarter
PTI -
Palicha called Goyal's comments that Zepto was burning Rs 2,500 crore every quarter as "verifiably untrue", saying public filing of financial statements will disprove the assertionNew Delhi: Zepto CEO Aadit Palicha on Tuesday called Zomato founder Deepinder Goyal's comments...
Latest News
Zepto narrows loss to Rs 1,248.6 cr in FY24, revenue doubles to Rs 4,454 cr
PTI -
Zepto co-founder Aadit Palicha expressed optimism about continuing this momentum towards profitability and said the company is on track for a profit after tax (PAT) in the near futureNew Delhi: Quick commerce firm Zepto has marginally brought down its...
Food & Beverage
Zepto Cafe ranks samosa as the most in-demand snack of top 4 Indian cities
According to Zepto Cafe's Snack Index, Samosa is the most demanded snack across ier-1 cities like Bengaluru, Mumbai, Hyderabad, and PuneBengaluru: Zepto Cafe, the food and beverage division of quick-commerce company Zepto has ranked samosa as the most sought-after...
Latest News
Zepto CEO optimistic about IPO in 2025; says claims of quick comm hurting Kiranas not data-backed
He stated that instant 10-minute delivery models like that of Zepto have generated lakhs of jobs, been wage-additive, and created all-around "value" for both consumers and workersNew Delhi: Fresh out of bumper $350 million funding this time from marquee...
Q-Commerce
Passion over profit drives Zepto’s $5 bn success: Founder Aadit Palicha
PTI -
The 22-year-old entrepreneur said that despite working 80-100 hours a week, the Zepto team is fuelled by excitement about the platform they are building, not financial gainNew Delhi: A passion for building a transformative company, rather than a mere...
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Shein-Reliance partnership under review amid China-US trade pressures
The reassessment comes amid rising US-China trade tensions, prompting China to tighten control over domestic manufacturing and discourage overseas...
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