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Zepto Cafe crosses 100,000 orders per day mark, says CEO Aadit Palicha
Economic Times
·
5m ago
Medial
Zepto's quick commerce platform, Zepto Café, has surpassed 100,000 orders daily, nearing a $100 million annualized GMV with a 50% steady-state gross margin, according to CEO Aadit Palicha. Since its launch in December 2024, Zepto Café has expanded rapidly, opening over 100 new cafés monthly. The move highlights a competitive surge in the 10-minute food delivery space, with rivals like Blinkit and Swiggy scaling similar services to meet growing demand.
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Zepto Cafe crosses 50,000 orders per day within 4 weeks: Aadit Palicha
Economic Times
·
7m ago
Medial
Zepto's 10-minute food delivery app, Zepto Cafe, achieved over 50,000 daily orders within four weeks of its launch, marking a 60% month-on-month growth, according to CEO Aadit Palicha. Initially starting with 30,000 orders per day, Zepto Cafe's rapid growth suggests it is gaining strong traction in the quick commerce market. Competitors like Zomato-owned Blinkit and Swiggy have recently launched similar 10-minute food delivery services.
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Zepto CEO optimistic about IPO in 2025; says claims of quick comm hurting Kiranas not data-backed
Economic Times
·
8m ago
Medial
Zepto, a quick commerce company in India, has secured $350 million in funding and aims to become a fully Indian-owned entity. The co-founder and CEO, Aadit Palicha, expressed optimism about an IPO in 2025. Palicha defended the quick commerce model against allegations of disrupting traditional kirana stores, arguing that it has created jobs and provided value to consumers and workers. Zepto plans to expand to over 50 cities and expects to reach a billion dollars in top-line revenue soon. The company is targeting profitability in the next financial year and is seeing success with Zepto Cafe. Palicha also welcomed competition, stating that the market has plenty of room for everyone.
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Zomato vs Zepto: Aadit Palicha Hits Back at Deepinder Goyal Over Rs 5,000 Cash Burn Claim
OutlookIndia
·
5m ago
Medial
Zepto founder Aadit Palicha responded to Zomato CEO Deepinder Goyal's claim that the quick commerce sector incurs a cash burn of Rs 5,000 crore per quarter, attributing over half to Zepto. Palicha refuted this, asserting the claim as 'verifiably untrue' and pointing to Zepto's financial reports. While acknowledging Goyal's role in inspiring the Indian start-up ecosystem, Palicha emphasized their shared goal of fostering growth in good faith.
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2 college dropouts with ₹30,000-cr startup only possible in India: Zepto CEO
Inshorts
·
1y ago
Medial
Zepto CEO Aadit Palicha posted on X, "2 kids dropping out of college and starting a company worth ₹30,000 crore in just 3 years is only possible in one country in 2024: India." His post came after Zepto raised $665 million at a $3.6 billion valuation. Stanford dropouts Aadit Palicha and Kaivalya Vohra started Zepto at the age of 19.
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Quick Commerce will rival ecommerce majors Amazon, Flipkart in 2025: Zepto CEO
Economic Times
·
7m ago
Medial
Zepto CEO Aadit Palicha predicts that by 2025, quick commerce will rival traditional ecommerce giants like Amazon and Flipkart in scale. Highlighting Zepto's remarkable growth, he emphasizes that success depends on "exceptional execution." Quick commerce fundamentals will drastically evolve, enhancing customer value and unit economics. Zepto's 2024 revenue surged 120% to Rs 4,454 crore. During New Year's, Zepto and Blinkit reported record sales, with Blinkit CEO noting peak orders and celebrating customer participation in the 12 grapes tradition.
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We started Zepto with a WhatsApp group: CEO Aadit Palicha
Inshorts
·
9m ago
Medial
Zepto, the $5-billion quick commerce company, was started with a WhatsApp group, Co-founder and CEO Aadit Palicha revealed. He said that they spoke to customers and made tweaks to the company's model for a year before building the first version of Zepto. After Zepto reached a "meaningful scale", Palicha and Co-founder Kaivalya Vohra decided to drop out of Stanford University.
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'Stupid idea': Aadit Palicha on controversial work-life balance post, says 'Join Zepto if...'
Business Today
·
3m ago
Medial
Zepto CEO Aadit Palicha discussed work-life balance, expressing regret over a past controversial post. In a podcast with Y Combinator CEO Garry Tan, he termed his earlier stance a "stupid idea." Palicha emphasized Zepto's execution-focused culture, ideal for those seeking to excel through problem-solving and intense work. He noted that while this environment fosters growth, it's suited only for the ambitious and capable individuals ready to push their limits.
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India-Australia World Cup Final: sales of chips, jerseys, puja flowers zoom on Blinkit, Zepto
Economic Times
·
1y ago
Medial
Quick commerce companies Blinkit and Zepto are seeing a surge in sales of puja flowers and chips during the India-Australia World Cup final. Zepto's CEO Aadit Palicha mentioned a spike in puja flower sales during the match, while Blinkit's CEO Albinder Dhindsa noted that orders for chips were on track to reach an all-time high. Both companies also reported a high demand for Indian cricket team jerseys, promising speedy deliveries.
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Media builds and tears down biz but execution matters: Zepto CEO
Inshorts
·
1y ago
Medial
Aadit Palicha, CEO of Zepto, shared with ET Prime that media can influence enterprises, but success lies in execution. Despite a tough startup climate, Zepto raised $1.26 billion in three rounds, challenging Blinkit and Instamart. Palicha believes Zepto's sales could surpass DMart's in 18-24 months, targeting top households in 40 cities, with the grocery market worth $850 billion by FY29.
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Work-life balance: Zepto CEO Aadit Palicha says company's fast paced culture not for everyone
Economic Times
·
3m ago
Medial
Zepto CEO Aadit Palicha emphasizes the company's high-performance culture, highlighting it's not suited for those seeking traditional work-life balance. Speaking with Y Combinator’s Garry Tan, he reiterated that Zepto's environment is ideal for the "super ambitious" who wish to push their limits. With over 3,000 corporate employees, Palicha acknowledges not everyone can work relentlessly. He aspires to inspire a transformative internet revolution in India, similar to SpaceX’s mission-driven culture.
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