News on Medial

After Pai, Zepto’s Aadit Palicha Reacts to Minister Goyal’s ‘Dukaandari’ Remark

OutlookIndia · 2m

Zepto CEO Aadit Palicha responded to Minister Piyush Goyal's criticism of Indian startups, especially those focused on consumer internet ventures like online food delivery. Goyal contrasted these with Chinese startups' focus on sectors like AI and EVs. Palicha highlighted Zepto's contributions, mentioning that it employs 150,000 people, pays significant taxes, and has attracted substantial FDI. He emphasized the need for India to develop major internet companies to drive technological innovation and economic growth.