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Zepto Nears $4 Bn Annualised GOV: Aadit Palicha

  • Quick commerce major Zepto is nearing $4 Bn in annualized gross order value (GOV), with a 300% year-on-year growth.
  • Zepto has reduced EBITDA and operating cash flow burn by 50% while experiencing meaningful growth in the last three months.
  • The startup's dark stores are on track to achieve breakeven in EBITDA, with a 700-store count and expanding presence in Tamil Nadu.
  • Zepto's consolidated revenue more than doubled in FY24, reaching INR 4,454.52 Cr, with a marginal decline in net loss.

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