Zepto CEO Aadit Palicha envisions quick commerce as a massive job creator, surpassing even Indian Railways. He refutes claims of harming local stores, citing data that shows quick commerce is expanding the market alongside a growing economy. Palicha emphasizes Zepto’s focus on profitability and disciplined capital allocation, aiming for an IPO potentially next year.
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The company’s board also recommended a final dividend of Rs 2.10 per equity share for the financial year 2024–25.