Indian Silicon Valley with Jivraj Singh Sachar
Business:Entrepreneurship
E88 - The Quick Commerce Revolution in India w/Zepto's Aadit Palicha
In this Episode, I speak with Aadit Palicha, Co-Founder & CEO of Zepto.
Zepto is the primary champion of the 10-minute delivery revolution, which has disrupted the entire quick commerce landscape in the country. Started by two 19-year-olds from Mumbai, Aadit and Kaivalya dropped out of Stanford college to pursue their dreams. This has led to the creation of a $500Million+ company in less than a year, serving millions of consumers across India, with an average time of less than 9 minutes per order. 10-minute delivery seemed like a far-off dream until Zepto and others showed us the magic of an insane operational cycle that keeps giving. I sat down with Aadit, to decode this miraculous journey and understand how they make it happen.
Through this conversation we discuss the following:
1. (02:33) : Understanding how Aadit as an 18 year old dropped out of Stanford to build Zepto into a $600Mn company in less than 12 months
2. (07:58) : The reservation around Age and When should someone start up?
3. (11:40) : 101 on the Quick Commerce Model and How Zepto makes the experience possible!
4. (15:53) : What does it mean to run a strong operational engine as tech entrepreneurs?
5. (19:43) : How is Zepto building a World Class team?
6. (26:07) : The Guardrails of Focus + Efficiency that makes Zepto stand out in a Competitive Market
7. (31:20) : How does Process not become a bottleneck for Innovation when a company scales?
8. (35:34) : How is Zepto looking at the next 24 months?
9. (41:57) : What are some of the finer characteristic traits that Aadit has had to develop through this journey of building Zepto?
10. (47:01) : How does one be okay with figuring new things out with every next day?
11. (51:16) : Decoding the eventual motivation for Aadit to build a company & tread the founder journey.
12. (55:44) : Conclusion
Hope you liked the 88th Episode on the Indian Silicon Valley Podcast - The Quick Commerce Revolution in India!
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