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Zepto triples annualised GOV to $3B in eight months ahead of IPO

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Zepto, a quick commerce unicorn, has tripled its annualised gross order value to $3 billion in eight months, with revenue for FY24 doubling to Rs 4,454 crore. Co-founder and CEO Aadit Palicha credits this to the team's discipline and execution, with plans for profitability soon. Founded in July 2021, Zepto competes with firms like Swiggy Instamart and Blinkit. Preparing for an IPO, it aims to raise over $500 million while enhancing domestic shareholding.