Zepto vs Zomato: Aadit Palicha calls Deepinder Goyal’s cash burn statement ‘verifiably untrue’

BENGALURU: Quick commerce start-up Zepto CEO Aadit Palicha on Tuesday refuted Zomato founder Deepinder Goyal’s comment on quick commerce cash burn statement as ‘verifiably untrue’.

Goyal in an interview, had said that the quick commerce sector is burning Rs 5,000 crore in cash each quarter and that Zomato-owned Blinkit accounts for 2-3% of the amount and that more than half of this is by Zepto.