Zepto's board will sit for a meeting to finalize several aspects of the IPO, including appointment of bankers, selection of independent directors, and IPO size.
Recently, Zepto CEO Aadit Palicha asserted that the quick commerce industry will reach a stage in 2025 where it will be a rival to E-com giants, Amazon & Flipkart.
Blinkit starts Bistro, a 10-minute food delivery app to compete with Zepto Cafe. Deepinder Goyal said 10-minute food can “change the game if we get it right”.
Zepto CEO responds after a viral post accused his company having a toxic work culture. The post revealed the high attrition at the company and about “dark patterns” to extract money from customers.
Shaadi.com CEO Anupam Mittal tagged Zepto's Aadit Palicha and asked, "Vadhu chahiye (Want a bride)?" The witty exchange quickly grabbed the attention of netizens.
Zepto’s monthly cash burn has jumped to ₹250 crore due to rapid expansion, hiring, and marketing efforts. Despite this, the startup secured ₹2,500 crore in funding, marking a record domestic investment round.