Zomato ceo zepto ceo dispute: Zepto co-founder Aadit Palicha denied Zomato

Zepto co-founder Aadit Palicha denied Zomato Ltd. Chief Executive Officer Deepinder Goyal's claim that the former contributed to the most cash burn in the quick commerce space, saying it was "verifiably untrue". Goyal had stated that quick commerce firms collectively burn Rs 5,000 crore every ... Zomato CEO Deepinder Goyal reportedly said Zepto was losing more than Rs 2,500 crore every quarter due to 'cash burns'; Zepto CEO Aadit Palicha reponds by calling the statement "inaccurate" and "verifiably untrue". Zepto CEO Aadit Palicha refuted claims made by Zomato CEO Deepinder Goyal that quick commerce companies are burning massive amounts of cash, particularly implicating Zepto. Zepto CEO Aadit Palicha recently took to LinkedIn to counter statements made by Zomato CEO Deepinder Goyal. Zepto chief executive Aadit Palicha took to LinkedIn to call out “inaccurate” statements by Zomato CEO Deepinder Goyal to ET about the quick commerce platform's cash burn, calling the remarks “verifiably untrue”. "His words were that Quick Commerce was burning 5,000 crores per quarter of which "substantially more than half of this is by Zepto" — implying that we are losing substantially more than 2,500 crores per quarter," Palicha said in a post on Tuesday. Palicha said this would ...