Zepto CEO calls out Zomato boss Deepinder Goyal over Rs 2,500 crore loss claim

Zepto CEO Aadit Palicha on Tuesday called Zomato founder Deepinder Goyal’s comments that Zepto was burning ₹2,500 crore every quarter as “verifiably untrue”, saying public filing of financial statements will disprove the assertion.

Taking to LinkedIn on reports that quoted Goyal as saying that quick commerce firms were burning ₹5,000 crore a quarter, half of which was by Zepto, Palicha said his genuine intention is to build a start-up ecosystem together in good faith and build world-class products for Indian consumers.