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Zepto CEO Accuses Rival CFO of Smear Campaign, Cites Strong Growth and Cash Runway

Aadit Palicha leveraged a LinkedIn post to detail alleged misinformation by a rival CFO, supported by data on Zepto’s growth with robust profitability metrics.

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Zepto News
'They are starting to get nervous': Zepto's Aadit Palicha alleges dirty tricks by rival’s finance head
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Overview

  • Palicha accused a rival quick commerce CFO of orchestrating a smear campaign via investor calls, doctored spreadsheets and paid social media bots.
  • Zepto’s gross order value rose from ₹750 crore per month in May 2024 to ₹2,400 crore in May 2025, reflecting 4–5% month-on-month growth.
  • The company’s EBITDA margin improved by 20 percentage points between January and May 2025, approaching single-digit territory.
  • Zepto reduced its cash burn by roughly 65% over the same period and held approximately ₹7,445 crore in net cash at the start of the quarter.
  • Zepto plans to ramp up dark store openings and expects most locations to be fully EBITDA positive by next quarter.