🚨 A candid and detailed interview with Zepto founder Aadit Palicha
Headlines
"We are in spirit, an Indian company. This is not Amazon or Walmart."
"We're going to become Indian owned next year. We're not strategically controlled by Americans"
"We would like to just say that we, in our hearts, are an Indian company, Indian management team, Indian board, Indian promoters and aggressively moving to list in India"
"We’ll do another pre-IPO round later and then do an IPO, realistically within the next financial year"
"With no predatory pricing, we are deflationary for the Indian consumer. DMart, for example, is meaningfully cheaper than MRP, but they are highly profitable - are they doing predatory pricing as well?"
"In the next 2-3 years, this industry will generate $1 billion in direct taxes cumulatively for the government. And, $300-400 million would come from Zepto alone"
"Quick commerce will generate more jobs than the Indian Railways would do in the next 2-3 years"
"Paying the maximum retail price (MRP) is unfair to the consumer"
"Middle class shrinking narrative isn't correct"
with Tushar Goenka
This post was originally shared by Chandra R. Srikanth on Linkedin.