Zepto: Zepto appoints Vikas Sharma as new COO – Times of India
Dhanani, who joined Zepto from ecommerce major Flipkart in July 2021, will be responsible for integrating the buy-side and sell-side category teams, a company statement said.
Last month, Y Combinator’s Continuity Fund backed company appointed Ramesh Bafna as the company’s chief financial officer. Bafna joined Zepto from crypto trading platform CoinSwitch Kuber where he was CFO from June 2022.
The new COO Sharma will now directly lead operations end-to-end, from the back-end distribution centres to the last-mile, along with the supply planning.
Jhaveri will lead customer acquisition, retention, and brand end-to-end as Zepto’s chief growth officer. Jhaveri will take over the mandate of chief growth officer from Amritansu Nanda, who will be moving on from Zepto to take a career break, the company said.
“Amritansu was pivotal in building the growth team from scratch and scaling Zepto into one of the fastest-growing internet companies in Indian history. After an incredible stint at Zepto, Amritansu will be moving on to take a well-deserved career break to focus on his family and health, and the Zepto team genuinely wishes him well,” the company said on Wednesday.
“With a leadership team as strong as the one we have today, I am confident that we will build Zepto into a generational public company within 2-3 years,” Aadit Palicha, co-founder and CEO, Zepto, said in a statement.
Zepto raised $200 million in May last year at a valuation of $900 million. In the online grocery space, Zepto competes with Swiggy Instamart, Tata-backed BigBasket, Zomato-owned Blinkit, and Reliance-backed Dunzo.
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