Zepto is not an “Amazon or Walmart” but an Indian company with …: Zepto CEO Aadit Palicha

Zepto, the fastest-growing quick-commerce startup in the Indian market, has raised an additional $350 million from domestic investors. CEO Aadit Palicha aims to make Zepto a majority Indian-owned company and eventually list it on Indian stock exchanges. In an interview with Economic Times, CEO Palicha said that Zepto is not an “Amazon or Walmart” but an Indian firm with plans to go public on Indian bourses. Palicha claimed that Zepto’s latest funding is one of the largest domestic-only rounds for an Indian startup.