Archive · 2 Jun 2025
Zepto CEO Accuses Rival CFO of Smear Campaign
Zepto's boss says a CFO from another company is trying to make Zepto look bad by spreading lies.
This CFO is allegedly sharing wrong financial numbers and using fake social media accounts.
Zepto says their sales have gone up a lot, and they're getting closer to making money.
They have plenty of cash and plan to open more stores.
The CEO hopes the other CFO will stop spreading misinformation.
Zepto's CEO, Aadit Palicha, alleges a smear campaign orchestrated by a rival CFO.
Palicha claims the rival CFO spread inaccurate financial data and used bots for negative narratives.
Zepto reported a Gross Order Value of ₹2,400 crore in May 2025, up from ₹750 crore in May 2024.
The company's EBITDA improved by 20 percentage points between January and May 2025, nearing single-digit losses.
Zepto has approximately ₹7,445 crore in net cash and plans to accelerate store launches.
- Who
- Aadit Palicha (Zepto CEO) and a rival CFO
- What
- Zepto's CEO alleges a smear campaign by a rival CFO
- When
- May 2025 (reported metrics)
- Where
- India's quick commerce space
- Why
- To damage Zepto's reputation in the competitive quick commerce market
Rival Company
Zepto
Alleged Smear Campaign
Rival Company
N/A
Zepto
The CFO is spreading lies to damage Zepto's reputation.
- Zepto CEO
- Aadit Palicha
- Zepto GOV (May 2025)
- ₹2,400 crore
- Zepto GOV (May 2024)
- ₹750 crore
- EBITDA Improvement (Jan-May 2025)
- 20 percentage points
- Net Cash
- ₹7,445 crore