“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.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Aadit Palicha
Disclosure
Palicha: Most Zepto dark stores are currently profitable
“You know, to be honest with you, most of our stores make money today.”
Aadit PalichaSep 20, 2023▶ 1:18:09Ep #10 | WTF is the Next Gen Thinking? Nikhil w/ Navya, Tara, Aadit & Kaivalya · Nikhil Kamath
AssertionSupported
Palicha: Zepto reached over 5,000 crore INR sales in 24 months
“And yeah, from July, 21 to today, like about 24 months, went from about zero to like today north of 5000 crores in sales.”
Aadit PalichaSep 20, 2023▶ 17:28Ep #10 | WTF is the Next Gen Thinking? Nikhil w/ Navya, Tara, Aadit & Kaivalya · Nikhil Kamath
Insight
Palicha: Despite dropping out, I advise students to stay in college
“Like, to be honest with you, like, if I was, like, I would actually, like, most people ask me, okay, you know, you guys dropped out of college. Should we drop out of college? I say, no, don't drop out of college. Like, stay in college.”
Aadit PalichaSep 20, 2023▶ 1:40:14Ep #10 | WTF is the Next Gen Thinking? Nikhil w/ Navya, Tara, Aadit & Kaivalya · Nikhil Kamath
What-if
Palicha: Zepto wouldn't exist without his intensely competitive school environment
“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.”
Aadit PalichaSep 20, 2023▶ 1:50:34Ep #10 | WTF is the Next Gen Thinking? Nikhil w/ Navya, Tara, Aadit & Kaivalya · Nikhil Kamath
AssertionSupported
Palicha: Contrary Capital invested $50k in Zepto at $2.5M valuation
“So he, so they, so he gave us basically a 50 K USD at a two and a half million valuation.”
Aadit PalichaSep 20, 2023▶ 11:09Ep #10 | WTF is the Next Gen Thinking? Nikhil w/ Navya, Tara, Aadit & Kaivalya · Nikhil Kamath
Disclosure
Palicha: Zepto co-founders retain about 25% combined equity
“I mean, so the two of us own about 25%.”
Aadit PalichaSep 20, 2023▶ 20:16Ep #10 | WTF is the Next Gen Thinking? Nikhil w/ Navya, Tara, Aadit & Kaivalya · Nikhil Kamath
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