Zepto nears $4 billion in order value Reduces cash burn by half

Quick commerce startup Zepto is nearing the $4 billion mark in annualised gross order value (GOV), recording a 300% year-on-year growth, according to the company’s CEO Aadit Palicha. In a LinkedIn post, Palicha said that the startup has also significantly cut its operating losses.

“Zepto is getting close to $4 billion in annualised GOV, reflecting approximately 300% year-on-year growth and a 30% rise since my last update in January,” Palicha said. He added that the company has halved its Ebitda (excluding Esops) and operating cash flow burn over the last three months while maintaining aggressive expansion.