Zepto CEO Aadit Palicha fact-checks Zomato CEO Deepinder Goyal’s Rs 5,000cr claim, ‘verifiably untrue’

Zepto co-founder and CEO Aadit Palicha has refuted a statement made by Zomato CEO Deepinder Goyal regarding the financial losses incurred by quick commerce players. In an Economic Times article published this week, Goyal claimed that the quick commerce industry was burning Rs 5,000 crore per quarter, with “substantially more than half of this” attributed to Zepto.

Palicha, in a public response, dismissed this assertion as “verifiably untrue,” adding that Zepto’s financials, once publicly disclosed, would provide clarity.