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Zepto could've died: Aadit Palicha on Silicon Valley Bank crisis
short by Mansi Agarwal / on Sunday, 20 April, 2025
Zepto CEO Aadit Palicha said the quick commerce startup "could've died" during the Silicon Valley Bank crisis. US-based SVB, which held deposits for many tech firms, collapsed in 2023 amid a liquidity crunch. "The biggest mistakes I made were wrong hires," he said, adding, "Those mistakes were very costly, especially during that 2022-23 period when it was existential for us."
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