Zepto

“Globally, most quick commerce businesses have shut down by now. All the ones that went crazy in the zero interest rate, 20, 2020, 21 era. Most of them are shut down.”

“I don't think I would have even tried to do what I'm trying to do right now. If it wasn't for that, like, somewhat, and I agree with you, somewhat, like, semi-toxic, like, aggressive line of sight.”

“The lower your distance per delivery, you actually get into this positive flywheel where you're delivering faster and the lower your distance per delivery, you actually do more throughput per delivery partner.”

“I mean, so the two of us own about 25%.”

“So rent as a percentage of sales for us is nothing. It's one and a half percent. So the fixed cost base is so low because of how much throughput that we've been able to do within the same store because of how, like how much customer demand we see in the way th…”

“You know, to be honest with you, most of our stores make money today.”

“And yeah, from July, 21 to today, like about 24 months, went from about zero to like today north of 5000 crores in sales.”