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Zomato ceo zepto ceo dispute: Zepto CEO Aadit Palicha on Tuesday responded
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Zepto CEO Aadit Palicha on Tuesday responded to Zomato founder Deepinder Goyal’s remarks on the financial state of India’s quick commerce sector. Disagreeing with the Zomato founder, Palicha took to social media to counter Goyal’s claim that Zepto is burning over Rs 2,500 crore per quarter, calling the statement “verifiably untrue”. Zepto CEO Aadit Palicha disputes Zomato’s Deepinder Goyal’s claim that quick commerce firms burn Rs 5,000 crore quarterly. Read his response here. Zepto chief executive Aadit Palicha took to LinkedIn to call out “inaccurate” statements by Zomato CEO Deepinder Goyal to ET about the quick commerce platform's cash burn, calling the remarks “verifiably untrue”. "His words were that Quick Commerce was burning 5,000 crores per quarter of which "substantially more than half of this is by Zepto" — implying that we are losing substantially more than 2,500 crores per quarter," Palicha said in a post on Tuesday. Palicha said this would ... Zepto CEO Palicha has disputed the statements made by the Zomato CEO, in which he said that quick commerce companies were burning around Rs 5,000 crore on a quarterly basis, with Zepto accounting for over half of that amount.
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