Zepto’s annualised GOV touches $3 billion, up three times in 8 months

Share This Post

[ad_1]

Quick commerce platform Zepto’s annualised gross order value (GOV) has touched $3 billion (around Rs 24,500 crore) in January, up from $1 billion about eight months ago, chief executive Aadit Palicha announced on LinkedIn.“In April 2024, we shared with Goldman Sachs in a research note that Zepto had crossed $1B in Annualized GOV. 8 months later, in January 2025, we are now at approximately $3B in Annualized GOV (INR ~24,500 Crores),” he said in a post.


GOV is the total value of orders received over a certain period of time, including the total amount of sales, before any discounts, returns, or cancellations.

Palicha said this milestone is due to “the execution, rigour, and discipline” of the Zepto team. “With this team, I am confident we will continue growing with a clear path to PAT profitability in the near term,” he added.

Discover the stories of your interest

[ad_2]

Source link

spot_img

Related Posts

Join the Winning Team: NorthView’s Superior Trading Platform

In the fast-paced world of online trading, success depends...

Understanding Loot Boxes: Are They Fair or Exploitative?

Loot boxes have become a highly debated topic in...

Emergency Roof Leak Repair Services in Tigard for Immediate Solutions

A roof leak can occur unexpectedly, often during a...

The Passionate Craft of Tamada Toasts in Wedding Celebrations

Weddings are profound celebrations that intertwine love, culture, and...

This AI is so good, it’s like getting ChatGPT-5 early

TL;DR: Get a 1minAI lifetime subscription for $99.99...
spot_img