Zepto is not Amazon or Walmart

Zepto CEO Aadit Palicha recently said that “Zepto is not Amazon or Walmart, but an Indian company.” The company’s focus is on domestic ownership, which is important to build trust with policymakers, shareholders, and the public. The move aligns with Indian government policies that are increasing scrutiny of foreign-owned quick commerce companies.

Zepto, which was started by Stanford dropouts Aadit Palicha and Kaivalya Vohra, is today India’s second-largest quick commerce player. According to a report by Motilal Oswal, Zepto has a 29% market share, second only to Blinkit’s 46% share. Swiggy Instamart has a 24% share, while data of players like Flipkart Minutes and Tata BigBasket were not included.

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