{"id":18038,"date":"2024-06-23T21:44:46","date_gmt":"2024-06-23T16:14:46","guid":{"rendered":"https:\/\/vglobenews.com\/?p=18038"},"modified":"2024-06-23T21:44:49","modified_gmt":"2024-06-23T16:14:49","slug":"zepto-aims-to-become-a-50-billion-company-ceo-aadit-palicha","status":"publish","type":"post","link":"https:\/\/vglobenews.com\/?p=18038","title":{"rendered":"Zepto Aims to Become a $50 Billion Company: CEO Aadit Palicha"},"content":{"rendered":"\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Zepto Aims to Become a $50 Billion Company: CEO Aadit Palicha<\/strong><\/p>\n\n\n\n<p>Zepto Co-founder and CEO Aadit Palicha announced on Sunday their ambitious plans to transform the quick commerce platform into a $50 billion company.<\/p>\n\n\n\n<p>Zepto, a rival to the Zomato-owned Blinkit, recently raised $665 million at a $3.6 billion valuation in a highly oversubscribed funding round. This new investment came just nine months after the company raised $235 million at a $1.4 billion valuation.<\/p>\n\n\n\n<p>&#8220;Reflecting on the past 3 years of building Zepto: the story of 2 kids dropping out of college and starting a company that is worth 30,000 crore in just 3 years is only possible in one country in 2024: India,&#8221; Palicha wrote on X (formerly Twitter).<\/p>\n\n\n\n<p>He further stated their commitment to &#8220;dedicate ourselves to building Zepto into a world-class $50B Indian company that employs lakhs &#8211; as a way to give back to this country that has given us so much&#8221;.<\/p>\n\n\n\n<p>Founded in 2021 by Stanford University dropouts Aadit Palicha and Kaivalya Vohra, Zepto has rapidly become one of India\u2019s fastest-growing internet companies. Headquartered in Mumbai, Zepto delivers over 10,000 products across various categories within 10 minutes.<\/p>\n\n\n\n<p>As Zepto continues to expand its footprint in the quick commerce sector, the company&#8217;s vision to become a $50 billion enterprise highlights its commitment to innovation and growth in the Indian market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zepto Aims to Become a $50 Billion Company: CEO Aadit Palicha Zepto Co-founder and CEO Aadit Palicha announced on Sunday their ambitious plans to transform the quick commerce platform into a $50 billion company. Zepto, a rival to the Zomato-owned Blinkit, recently raised $665 million at a $3.6 billion valuation in a highly oversubscribed funding [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-18038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Zepto Aims to Become a $50 Billion Company: CEO Aadit Palicha - VGlobe News<\/title>\n<meta name=\"description\" content=\"Zepto Co-founder and CEO Aadit Palicha announces ambitious plans to transform the quick commerce platform into a $50 billion company. 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