Zepto’s CEO, Aadit Palicha, has challenged Zomato’s CEO, Deepinder Goyal, regarding the allegation that quick commerce companies in India, especially Zepto, are excessively spending funds. Palicha refuted Goyal’s claims about the financial situation of Zepto and suggested that the accurate picture will only be revealed once Zepto discloses its financial records. This disagreement between the two prominent figures in the Indian tech industry highlights the ongoing debate about the financial sustainability of quick commerce companies. As Zepto prepares to file its financial documents, industry experts and investors are eagerly awaiting to see the actual numbers and assess the validity of the claims made by both CEOs. The outcome of this dispute will not only impact the reputation of Zepto and Zomato but also shed light on the overall financial health of the quick commerce sector in India. Stay tuned for more updates as this story unfolds.
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Zepto CEO Aadit Palicha disputes Zomato CEO’s claims about quick commerce funds, challenges figures for transparency.
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