Aadit Palicha is co-founder and CEO of quick-commerce platform Zepto, addressing doubts about whether Indian quick-commerce unit economics can achieve true operational profitability.
“We're sitting in a world where our mature dark stores are fully loaded, you know, turning fully loaded cashflow positive without exaggeration. And I know there's a lot of, you know, creativity in what's above and below, you know, those numbers, you know, can I remove my replenishment costs? Can I put customer support costs in corporate? You can do all that. But today we're in a position where fully loaded, looking at all the line items we have, we're actually turning dark stores, you know, fully profitable, And not, you know, in the future, nine, 12 months, not like this quarter, right?”
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More from Aadit Palicha
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Aadit Palicha predicts India's largest internet business will be online grocery
“If anyone can build the largest business in internet in the country, it'll be online grocery.”
Zepto dark stores achieve profitability faster than traditional Indian supermarkets
“If you look at Nielsen's data, the average time it takes for a DMART, Reliance Fresh, more retail, Spencer's retail, et cetera, all, I mean, all companies that we have a lot of respect for, take some 18 to 24 months to turn a new supermarket profitable. We're …”
Aadit Palicha predicts Zepto can reach a $30B to $40B valuation
“Both Kevali and I wake up every morning knowing that if we make the right decisions, we're sitting on that DMART level outcome of building a 30, forty billion dollar company.”
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