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Zepto CEO calls Goyal's cash burn statement untrue
March 05, 2025
|The New Indian Express Shivamogga
QUICK commerce start-up Zepto CEO Aadit Palicha on Tuesday refuted Zomato founder Deepinder Goyal's comment on quick commerce cash burn statement as 'verifiably untrue'.
Goyal, in an interview, had said the quick commerce sector is burning ₹5,000 crore in cash each quarter and that Zomato-owned Blinkit accounts for 2-3% of the amount and that more than half of this is by Zepto. Refuting this claim, Palicha in a post on LinkedIn said Goyal had made an inaccurate statement about Zepto.
هذه القصة من طبعة March 05, 2025 من The New Indian Express Shivamogga.
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