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Zepto team works 80-100 hours a week: CEO Aadit Palicha

Inshorts · 9m ago

Zepto team works 80-100 hours a week: CEO Aadit Palicha

Speaking at NDTV World Summit 2024, Zepto CEO Aadit Palicha said that the team works 80 to 100 hours a week. "We could have probably worked half of that with a lot less stress and still be doing fairly well," the 22-year-old added. Palicha said the team is genuinely excited about what they are building and isn't motivated by money.

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Related News

Passion over profit drives Zepto's $5-billion success: founder Aadit Palicha

Economic Times

Economic Times · 9m ago

Passion over profit drives Zepto's $5-billion success: founder Aadit Palicha

Zepto, a quick-commerce company that is valued at $5 billion, prioritizes building a transformative platform over pursuing personal wealth, according to its CEO, Aadit Palicha. The team is driven by excitement about their product rather than financial gain, working 80-100 hours per week. Palicha believes Zepto has the potential to become a world-class internet company that adds value to the startup ecosystem in India. They are also working on incorporating artificial intelligence (AI) into their search functionalities and customer service to provide a personalized user experience. A generative AI chatbot is being developed to enhance customer support.

2 college dropouts with ₹30,000-cr startup only possible in India: Zepto CEO

Inshorts · 1y ago

2 college dropouts with ₹30,000-cr startup only possible in India: Zepto CEO

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.

Zepto is currently where Amazon was in 1990s: Co-founder Palicha

Inshorts · 1y ago

Zepto is currently where Amazon was in 1990s: Co-founder Palicha

Zepto is currently in a position similar to where Amazon was in the late 1990s and early 2000s and may hit a valuation of $50-$80 billion, CEO and Co-founder Aadit Palicha said at Moneycontrol Startup Conclave 2024. "It's largely just execution so it's not guaranteed. There were...companies in the past who could've done that but couldn't execute it," Palicha said.

Zepto CEO Aadit responds to viral post about his company's 'toxic work culture'

Inshorts · 8m ago

Zepto CEO Aadit responds to viral post about his company's 'toxic work culture'

Zepto CEO Aadit Palicha responded to the viral Reddit post by an employee about Zepto's alleged "toxic work culture". "I have nothing against work-life balance. In fact, I recommend it to all our competitors...FYI, not my quote - read it from an interview of Daksh Gupta," Aadit posted on X. Notably, Greptile's CEO Daksh Gupta has defended 84-hour work week.

People double my age report to me: Zepto's 22-year-old CEO Palicha

Inshorts · 9m ago

People double my age report to me: Zepto's 22-year-old CEO Palicha

Zepto CEO Aadit Palicha, who is 22 years-old, said people who report to him are almost double his age. "It has taken time, but we have proven our ability to add value to the time," he said at the NDTV World Summit. "The team now has conviction that Aadit has some idea of what he is doing," he added.

Rapid delivery was a response to consumer feedback, not a marketing gimmick: Zepto CEO Aadit Palicha

Economic Times

Economic Times · 3m ago

Rapid delivery was a response to consumer feedback, not a marketing gimmick: Zepto CEO Aadit Palicha

Zepto CEO Aadit Palicha stated that the company's move to rapid delivery stemmed from consumer feedback, not marketing. Customers preferred quick deliveries over waiting for hours, prompting Zepto to enhance delivery times. This approach aligns with India’s consumption patterns, with consumers often buying perishable goods frequently in small quantities. Competing with Blinkit and Swiggy Instamart, Zepto aims to scale quick commerce to match traditional ecommerce impact by 2025, prioritizing operational excellence and talent.

We started Zepto with a WhatsApp group: CEO Aadit Palicha

Inshorts · 9m ago

We started Zepto with a WhatsApp group: CEO Aadit Palicha

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.

Zepto Cafe crosses 100,000 orders per day mark, says CEO Aadit Palicha

Economic Times

Economic Times · 5m ago

Zepto Cafe crosses 100,000 orders per day mark, says CEO Aadit Palicha

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.

Zomato vs Zepto: Aadit Palicha Hits Back at Deepinder Goyal Over Rs 5,000 Cash Burn Claim

OutlookIndia

OutlookIndia · 5m ago

Zomato vs Zepto: Aadit Palicha Hits Back at Deepinder Goyal Over Rs 5,000 Cash Burn Claim

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.

Media builds and tears down biz but execution matters: Zepto CEO

Inshorts · 1y ago

Media builds and tears down biz but execution matters: Zepto CEO

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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