Zepto's Revenue Soars 120%, Losses Narrow in FY24

CosmicTaco · 2024-12-13T19:05:32.851804+05:30

- Zepto's FY24 revenue surged 120% to ₹4,454 crore, with net losses reducing to ₹1,249 crore from ₹1,272 crore in FY23. - CEO Aadit Palicha highlighted the company's path to profitability and plans to launch a standalone app for its Cafe service next week. - Zepto aims for ₹1,000 crore ARR from its Cafe business, offering coffee and croissants, by next financial year. Source: [Economic Times](https://economictimes.indiatimes.com/tech/technology/zepto-revenue-more-than-doubles-in-fy24-to-rs-4454-crore-net-loss-marginally-down/articleshow/116292763.cms?from=mdr)

Zepto's FY24 revenue surged 120% to ₹4,454 crore, with net losses reducing to ₹1,249 crore from ₹1,272 crore in FY23.
CEO Aadit Palicha highlighted the company's path to profitability and plans to launch a standalone app for its Cafe service next week.
Zepto aims for ₹1,000 crore ARR from its Cafe business, offering coffee and croissants, by next financial year.

Source: Economic Times