Right now is not time to slow down: Zepto CEO Palicha
Mint Mumbai|November 27, 2024
The company plans to enter new categories like e-pharmacy and ramp up early offerings.
Sowmya R, Suneera Tandon & Ranjani Raghavan
Right now is not time to slow down: Zepto CEO Palicha

Zepto is well on its way to touch annualized sales of $3 billion in the next month or two, Aadit Palicha, co-founder and chief executive of Zepto told Mint, underscoring the firm's potential for rapid growth that has attracted investors from around the world.

Zepto's dark stores are turning profitable at a faster pace, down to 8 months from 23 months, as the firm is adding newer categories with a higher average order value, aiding bottom-line expansion. According to Palicha, it is currently adding over 100 dark stores a quarter, even as its older stores are hitting profitability milestones.

"Right now, it's not the time to slow down," Palicha said in an interview with Mint.

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