Zepto's CEO, Aadit Palicha, has publicly disputed an assertion by Zomato CEO Deepinder Goyal that Zepto is losing over Rs 2,500 crore per quarter. 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”. Aadit Palicha, co-founder and CEO of Zepto, on Tuesday termed as “inaccurate”, the statement made by Zomato founder and CEO Deepinder Goyal that more than half of the quarterly cash burn in ... 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.
