Zepto Reports $4B Annualized GOV as Operational Costs Decline

Indian quick-commerce startup Zepto has shared its growth figures, and the numbers are impressive. Co-founder Aadit Palicha shared an update on Zepto, announcing that the company’s annualized gross order value (GOV) is approaching $4 billion. According to Outlook Business, since January 2025, Zepto’s current annualised GOV figures have shown a 300% year on year growth and a 30% rise.

Aadit Palicha said, “We are confident in being within touching distance of EBITDA (excl. ESOPs) and OCF break even within a few months (with a large net cash buffer still on the Balance Sheet). Our newly launched dark stores continue to track towards EBITDA breakeven, just as the dark stores we launched over the last 3 years did in our previous store expansion cycles.”

Palicha also said that the startup has reduced its EBITDA (earnings before interest, taxes, depreciation, and amortisation) excluding employee stock ownership plans (ESOPs), and operating cash flow (OCF) burn by 50%.

Zepto’s Valuation and Investor Confidence

Further updates from Zepto have led people to look at how much the company’s valuation is. Industry experts predict continued upward growth of Zepto’s market value because its GOV is nearing $4 billion while financial performance strengthens. Since its initial investor attraction the company has built improved financials that make it an advanced force in the quick-commerce market.

Palicha posted in January, “In April 2024, we shared with Goldman Sachs in a research note that Zepto had crossed $1 billion in annualised Gross Order Value (GOV). Eight months later, in January 2025, we are now at approximately $3 billion in annualised GOV.”

Zepto has been said to be in talks with the private equity arms of Motilal Oswal Financial Services Ltd. and Edelweiss Financial Services Ltd. to offload as much as $250 million of its shares. The move is aimed at raising Indian investor shares before going public with an IPO, expected later this year or early in 2026.

This is Zepto’s strategy to increase Indian investment prior to going public. At the moment, founders Kaivalya Vohra and Aadit Palicha own roughly 20% of Zepto’s shares, with Indian investors holding around 33%. Zepto wants to increase this amount to around 50%, as per sources.

The Future of Zepto in Quick Commerce

The fast-growing numbers from Zepto show that quick-commerce within India will continue its strong run. The company experiences continuous expansion due to increasing consumer interest in instant delivery services and rising market demand.

Zepto establishes a solid basis for enduring success by enhancing its operational performance and controlling costs and raising its GOV metric.

The company continues to evolve past its role as a rapid delivery service according to the Zepto update shared by Aadit Palicha while establishing a financially sound and scalable model of operation. Zepto positions itself as a leader of India’s quick-commerce market through its rapid expansion as well as financial stability combined with solid investor trust.