While the company will maintain an office in Mumbai, its primary operations will shift to the new space in Bengaluru. A spokesperson for Zepto confirmed the development to Business Standard Although the company already has an office in Bengaluru, it is currently operating out of a larger office in Mumbai in partnership with Co-working space provider WeWork.
"The lease period with WeWork ends in December. To continue operating from its Mumbai office, the company would incur housekeeping and management charges," said a source familiar with the situation. Zepto currently employs around 1,800 people and plans to hire an additional 500 soon, Chief Executive Officer Aadit Palicha told Business Standard earlier.
This story is from the August 07, 2024 edition of Business Standard.
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This story is from the August 07, 2024 edition of Business Standard.
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