Currently, Indian investors hold 33% of Zepto’s total equity, with one-fifth of the company owned by its founders, Adit ...
The launch of Zepto’s Super Saver program also coincided with an online exchange between Zepto co-founder Aadit Palicha and Zomato Ltd. Chief Executive Officer Deepinder Goyal. Goyal, in an interview ...
Zepto founder and CEO Aadit Palicha, in a recent LinkedIn post, highlighted the opportunity in logistics to create a "Delhivery for fruits and vegetables (FnV)”. Gurgaon-based new-age logistics and ...
Zepto founder and CEO Aadit Palicha is in the middle of exploring multiple options to significantly increase domestic shareholding in the company. This includes securing $100-150 million through debt ...
Private equity firm TA Associates is exploring the sale of its majority stake in OmniActive Health Technologies Ltd, according to a media report. The PE firm is in talks with potential advisers and ...
Before the IPO date, CEO Aadit Palicha conducted meetings to present pricing changes to investment fund members. The company operates a network of nearly 1,000 dark stores and pursues ...
Zepto CEO Aadit Palicha refuted claims made by Zomato CEO Deepinder Goyal that quick commerce companies are burning massive amounts of cash, particularly implicating Zepto. In an Economic Times ...
Zepto CEO Aadit Palicha responded, calling Goyal's statement inaccurate and emphasizing the company's commitment to building a robust Indian startup ecosystem. Goyal and Palicha both aim to ...
The company has also adjusted its fee structure, with existing users paying more than new ones. CEO Aadit Palicha has reportedly discussed these changes with mutual fund investors ahead of the IPO.
Indian consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation into alleged deep discounting ...
India's quick-commerce giants—Zomato’s Blinkit, Swiggy Instamart, and Zepto—are facing an antitrust complaint over alleged deep discounting, Reuters reported. The All India Consumer Products ...
Meanwhile, Aadit Palicha-led Zepto doubled its dark store count to 700 in 2024 as compared to 350 a year ago. The entry of new players has further heightened the competition in the quick commerce ...