01979nam a22001217a 4500008004100000100002700041245004700068260003700115300003100152520148800183650014901671773003701820260608b ||||| |||| 00| 0 eng d a Kumar, Rahul Zepto:  aCan speed alone build market leaderships?  aBharat Journal of Case Studies  a1(2), Dec, 2025: p.145-168 aThe case explores the strategic dilemma faced by Aadit Palicha, co-founder and CEO of Zepto, India’s fastest-growing quick-commerce startup, in early 2025. After achieving a $5.5 billion valuation and doubling revenue to ₹4,454 crore in FY24, Zepto remained unprofitable, grappling with high operational costs and investor pressure to define a clear exit strategy. Founded in 2021 by Stanford dropouts Palicha and Kaivalya Vohra, Zepto revolutionised India’s grocery market with its 10-minute delivery model powered by hyperlocal dark stores and AI-driven logistics. Despite rapid growth and a 29 % market share, the company faced stiff competition from Blinkit (46 %) and Swiggy Instamart (25 %). As investor sentiment shifted from growth to profitability, Palicha needed to decide whether Zepto should pursue an IPO, raise another venture capital round, merge with a strategic player, or pivot its business model. The case situates this decision within India’s $6 billion quick-commerce industry, projected to reach $20 billion by 2030, yet challenged by thin margins, high cash burn, and uncertain unit economics. It invites students to evaluate the sustainability of Zepto’s growth strategy, assess the trade-offs among financing and exit options, and design a profitability pathway for a company that has redefined consumer convenience but must now prove its financial resilience.-Reproduced https://www.printspublications.com/journal/bharat-journal-of-case-studies  aQuick commerce, Startup strategy, Exit strategy, IPO decagons, Venture capital, Mergers and acquisitions, Market leadership, Strategic finance.  aBharat Journal of Case Studies