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Zepto CEO disputes Zomato CEO's claim about Zepto burning ₹2,500 crore per quarter.
Zepto CEO Aadit Palicha disputed Zomato CEO Deepinder Goyal's claim that Zepto is burning over ₹2,500 crore per quarter, calling it "verifiably untrue."
Goyal had stated that the quick commerce sector in India is burning around ₹5,000 crore per quarter, with Zepto accounting for a significant portion.
Palicha refutes this, promising that Zepto's financial statements will clarify the matter when they are made public.
Despite the dispute, both CEOs express respect for each other and a commitment to the startup ecosystem.
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Zepto CEO disputa la reclamación de Zomato CEO acerca de Zepto quemando +2,500 crore por trimestre.