जेप्टो अगले 24-महीने में डीमार्ट से बड़ी कंपनी बन जाएगी: CEO आदित पलिचा का दावा, बोले- कंपनी की सेल्स हर साल 2-3 गुना बढ़ती रहेगी

Instant grocery delivery company Zepto can overtake the giant offline retail company DMart in terms of sales in the next 18 to 24 months. Zepto’s co-founder and CEO Adit Palicha said this at an event in Delhi on Saturday (July 6).

Adit Palicha said, ‘Dmart is a $30 billion company and they are 4.5 times bigger than us in terms of sales. If we continue to perform well, our sales will grow 2-3 times every year. At this pace, we will overtake Dmart, which is a great consumer company, in the next 18-24 months.’

Focus on 7.5 crore families in the top 40 cities of the country
Palicha said that Zepto is focusing on 5 to 7.5 crore families in the top 40 cities of the country. This population contributes significantly to the purchase of grocery and daily needs items in the country.

Grocery market to reach $850 billion by FY29
According to Palicha, the country’s grocery market is projected to grow to $850 billion by FY29, of which these households will contribute $400 billion.

From 0 in less than 3 years ₹Reached sales of 10,000 crores
Palicha said, “Grocery is bigger than all the categories served by companies like Amazon and Flipkart. We are building the biggest category. Our journey in the last 3 years has been very exciting.”

We have reached from 0 to Rs 10,000 crore (in sales) in less than 3 years. This is the fastest Indian company to do so in the internet industry. It took Flipkart 4 years to reach this target. We did it in just 2.5 years.

We see ourselves as a hyperlocal Walmart
Adit Palicha said, ‘We see ourselves as a hyperlocal Walmart. This is what has helped us expand and reach the point of profitability where we have reached today.’

Zepto was founded in 2021 by Adit Palicha and Kaivalya Vohra.

Zepto recently raised ₹5,553 crore funding
Zepto has also worked very fast on raising funds. The company recently raised $665 million or Rs 5,553 crore at a valuation of $3.6 billion (Rs 30,064 crore).

Zepto had previously raised $235 million (Rs 1,962 crore) in August 2023, when the company received unicorn status with a valuation of $1.4 billion (Rs 11,691 crore).

We will be ready to launch IPO soon
Palicha had said that the company has managed to increase its gross merchandise value (GMV) in about two and a half years with sales of $1 billion. This has been the fastest growth for any internet company worldwide. Hopefully, we will be ready to bring an IPO soon.

Zepto is growing at the rate of 100% annually
According to Palicha’s claim, Zepto is growing at a rate of more than 100% annually. Apart from this, 75% of the company’s market is completely EBITDA positive. Palicha says that if there was no such growth, it would have been very difficult to raise funds.

The number of stores will cross 700 by March 2025
The company aims to increase the number of its dark stores from the current 350 to over 700 by March 2025. Zepto, one of India’s fastest-growing consumer internet companies, was founded in 2021 by Adit Palicha and Kaivalya Vohra.