New Delhi: Aadit Palicha, the CHIEF EXECUTIVE OFFICER and Co- owner of fast distribution system Zepto, has actually declared that the primary monetary police officer (CFO) of a competing business is running a defamation of character versus them over the previous couple of days.
In a ConnectedIn blog post, Palicha claimed the spam project consists of “calling our investors to make wild allegations about us with no empirical evidence, giving out false numbers/Excel sheets on Zepto through sources known to journalists, and paying bots on social media to spread a negative narrative”.
He, nonetheless, did not expose the name of the competing company. In the fast business room, Zepto takes on Blinkit (possessed by Eternal which was earlier Zomato), Swiggy Instamart, Flipkart Minutes and Tata BigBasket, to name a few.
“Candidly, this episode is below the stature expected of the CFO of a high-quality company, and makes it obvious that they are starting to get nervous about how fast Zepto’s EBITDA is improving,” claimed Palicha.
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He better specified that Zepto has actually expanded from around 750 crore of gross order worth (GOV) monthly in May 2024 to 2,400 crores of GOV monthly in May 2025.
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“Our definition of GOV has Fruits and Vegetables at selling price and includes Ad Revenue. Our EBITDA has improved by 20 absolute percentage points (2,000 basis points) from January 2025 to May 2025, and is approaching single-digit territory. Our cash burn is down approximately 65 per cent over that same period,” claimed Zepto CHIEF EXECUTIVE OFFICER. . .
Palicha claimed they anticipates to have the large bulk of their dark shops totally EBITDA favorable (consisting of backend supply chain expenses, consumer assistance, last mile and all fixed/variable dark shop expenses) by following quarter.
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“As of the beginning of this quarter, we have approximately 7,445 crores of Net Cash in the bank (fully reconciled to bank statements). With our current cash burn trajectory, we have many years of runway,” he discussed.
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He after that wished that“this CFO in question stops this activity”
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“I’m okay with healthy/aggressive competitive talk, but lies are not acceptable. Frankly, these calls from you are only making it clearer to the investor community that we are a strong competitor. It’s best for all of us to simply focus on execution,” Palicha included.
