Quick commerce unicorn Zepto is nearing $4 billion in annualised gross order value (GOV), marking a 4x year-over-year growth and 30% rise since January.
Zepto Co-founder and CEO Aadit Palicha expressed confidence in being close to achieving EBITDA and operating cash flow breakeven within a few months, with reduced losses and improved cash flow.
Zepto's newly launched dark stores are moving towards EBITDA breakeven, while the company considers the GOV of fruits and vegetables, subscription, and advertising as part of its overall revenue.
Zepto Cafe has achieved a significant milestone by crossing 100,000 orders per day, with a gross margin of about 50% and a growing annualized GMV run-rate of $100 million.