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Zepto Announces Key Leadership Elevations and Ambitious Plans for Public Listing

1 Jun 2023 , 01:57 PM

Zepto, an online grocery company, announces key leadership elevations as it prepares for a public listing in 2-3 years. The company has achieved a 4x increase in business and turned multiple dark stores profitable in the past year.

Leadership Elevations in the organization:

  • Vinay Dhanani, previously COO, takes on the role of President- supply chain and category, leveraging his extensive supply chain experience.
  •  Vikas Sharma becomes the new Chief Operating Officer, responsible for end-to-end operations and supply planning.
  • Viral Jhaveri is appointed as the chief growth officer, focusing on customer acquisition, retention, and brand management.
  • Amritansu Nanda, the former chief growth officer, will be leaving the company for a career break.

Zepto aims to become a generational public company with its strong leadership team. The company raised $200 million last year, valuing it at $900 million. Zepto’s profitability is attributed to its execution and robust supply chain management.

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Related Tags

  • fundraise
  • Zepto
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