Bro didn’t hesitate when he said “no one in India has yet built a world-class internet company"
https://thearcweb.com/article/aadit-palicha-interview-zepto-funding-ceo-MYFcnwjefLSNkMwP
Neither will he. It's a very common pattern where VC money makes the founder believe they are the smartest and invincible.
But no company is too big to shut down. Ex: Wework, Byjus, Uber founder was removed from the company, Theranos, and many more.
Founders let a bit of funding into their head and start talking shit.
Zepto is never gonna be profitable atleast in next 7-8 years.
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Zepto
Zepto becomes India's 1st 2023 unicorn
The timing of Zeptos fundraise is significant given the slump in investments into growth- and late-stage startups on the one hand and the co...
https://m.economictimes.com/tech/funding/unicorn-drought-ends-as-zepto-raises-200-million-at-1-4-billion-valuation-from-stepstone-goodwater/articleshow/103053527.cms