CosmicTaco
Zepto Founder Denies Killing Kiranas, Foresees Job Creation
- Zepto founder, Aadit Palicha, refutes allegations of predatory pricing and killing kiranas, asserting that quick commerce will generate jobs and taxes.
- Palicha reveals plans to list on Indian bourses next fiscal, with the company majorly owned by domestic investors.
- He emphasizes that Zepto is an Indian company at heart, with Indian management, board, and promoters, and is moving towards becoming Indian owned.
Source: Moneycontrol
4mo ago
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SparklyWalrus
Zepto4mo
There's a narrative being set that zepto is killing kirana store, and this narrative is quite harmful for the business as it can turn into a political issue with some political party jumping in and protesting against them, and the government does not want to hurt it's core voter base , so it's better to clear things than ignoring it.
ZestyQuokka
Stealth4mo
Why does Zepto founders need to respond to this
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