Zepto’s sales could surpass DMart in next 18-24 months: CEO Aadit Palicha
Quick-commerce unicorn Zepto’s sales could potentially surpass those of offline retail major DMart in the next 18-24 months, while the former’s top line could scale to over Rs 2.4 trillion in the next 5-10 years, said co-founder and chief executive officer (CEO) Aadit Palicha on Saturday.
“DMart is a $30-billion company, and we are only 4.5 times our size in sales. If we are able to execute well, we will continue to grow 2-3 times every year and potentially surpass it in the next 18-24 months,” said Palicha, while speaking at the seventh JIIF Foundation Day event in New Delhi.