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    AADIT PALICHA

    360 ONE to finance AIMS founder's stake buyback

    The asset management firm is expected to lend about ₹600 crore to facilitate the repurchase of shares from British International Investment (BII) and OrbiMed, which hold the stakes in AIMS' parent entity, Blue Sapphire Healthcare. The deal with 360 ONE is likely to be signed within the next few weeks, the people said.

    Piyush Goyal meets Zepto CEO Aadit Palicha, discusses skilling, innovation and supply chains

    Taking to the social media platform X, Goyal shared details of the meeting, highlighting discussions around youth and entrepreneurship. "A productive interaction with Aadit Palicha, Co-founder & CEO of ZeptoNow," he said. "Our conversation focused on strengthening skilling initiatives for our youth and leveraging innovation-led entrepreneurship to build globally competitive enterprises," the minister added. He further noted that the meeting also explored ways to integrate farmers into modern supply chains.

    ETtech Profile | Anjali Sardana: the 23-year-old Pronto founder behind a $100 million house-help startup

    Investors in the segment compare Sardana’s aggressive approach with Zepto’s Palicha, who slugged it out with Zomato’s Blinkit and Swiggy’s Instamart in a highly competitive industry.

    IPO-bound Zepto discontinues membership programme Zepto Daily

    The Zepto Daily plan, which offered benefits such as free delivery and exclusive discounts, was aimed at driving user acquisition. From Rs 299 initially, its price was brought down to as low as Re 1 per month. Before Zepto Daily, the Bengaluru-based quick commerce platform ran a loyalty programme called Zepto Pass, which provided similar perks.

    She was asleep. Phone switched off. How man used Zepto to wake his sister up for a 6 am flight

    A woman nearly missed her 6 am flight due to a missed alarm. Her brother placed a late-night Zepto order to her address. The delivery partner, Vikas, ensured she woke up on time. This quick thinking and timely delivery helped her catch the flight. The incident highlights the reliability of tech and human effort in critical moments.

    We’re not perfect, open to inputs from government: Zepto’s Palicha after meeting labour minister Mandaviya

    After meeting Union labour and employment minister Mansukh Mandaviya, the Zepto cofounder said the quick commerce company supports government initiatives and is open to constructive suggestions. Additionally, Palicha said Zepto has created employment for more than 180,000 delivery partners and over 40,000 store personnel, truck drivers and warehouse operators, adding that rivals such as Eternal-owned Blinkit, Swiggy, Rapido and Urban Company, among others, have also played a key role in supporting the gig economy.

    The Economic Times
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