New Delhi: Aadit Palicha, the CEO and co-founding father of short delivery platform Zepto, has alleged that the chief economic officer (CFO) of a rival employer has been going for walks on a smear campaign in opposition to them over the past few days.
In a LinkedIn submit, Palicha said the unsolicited mail campaign includes calling our traders to make wild allegations about us without empirical proof, giving out fake numbers/Excel sheets on Zepto through resources recognized to journalists, and paying bots on social media to unfold a bad narrative.
He, however, did not monitor the call of the rival company. Within the brief trade area, Zepto competes with Blinkit (owned with the aid of Everlasting, which was formerly Zomato), swiggy Instamart, flipkart Mins, and Tata BigBasket, among others.
Candidly, this episode is below the stature expected of the CFO of an enterprise and makes it apparent that they may be starting to get worried about how rapidly Zepto's EBITDA is improving, said Palicha.
He, in addition, said that Zepto has grown from approximately 750 crore of gross order fee (GOV) per month in May 2024 to 2,400 crores of GOV in May 2025.
Our definition of GOV has an end result and veggies at a selling rate and includes ad sales. Our EBITDA has progressed with the aid of 20 absolute percentage points (2,000 foundation points) from january 2025 to May 2025 and is coming near single-digit territory. Our cash burn is down about sixty-five percent over that same period, said Zepto CEO.
Palicha said they expect to have the significant majority of their dark stores absolutely EBITDA high quality (which includes backend delivery chain fees, customer support, final mile, and all fixed/variable dark store costs) via subsequent regions.
As of the start of this region, we have about 7,445 crores of net cash inside the financial institution (completely reconciled to financial institution statements). With our modern coins burn trajectory, we have a few years of runway, he stated.
He then was hoping that this CFO in question would stop this hobby.
I am okay with wholesome/competitive communication; however, lies are not applicable. Frankly, these calls from you are only making it clearer to the investor network that we are a sturdy competitor. It is nice for all of us to actually have consciousness on execution. Palicha delivered.
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