Jepto reached 4 billion dollars near GOV

Facebook Twitter Linked In Whatsapp Gmail Jepto recently said to reach 3 billion dollars (GOV) $ 3 billion (about Rs 24,500 crore). Within three months, the company’s co-founder and Chief Task Officer Adit Palicha said today that Quick Commerce Unicorn is now reaching close to $ 4 billion GOVs. During the last three months, the company has also reduced its EBITA and operating cash flow (OCF) expenditure by 50 percent, except for ESOP (Employees’ share ownership scheme. Palicha said in a social media post, ‘Jepto is reaching nearly four billion dollars in GOV annually. This is an increase of around 300 percent compared to last year (and 30 percent increase since my last update in January). Even more important is that despite a meaningful increase in the last three months, we have reduced Ebita (except ESOP) and OCF expenditure by 50 percent. Palicha said in his post in January, ‘In April 2024, we shared in a research note with Goldman Sachs that Jepto had crossed the $ one billion level in the annual GOV. Eight months later, in January 2025, we are now at the level of about three billion dollars in GOV annually. The company’s definition of GOVs includes additional sources of income such as membership fees and advertising in addition to the sale price of fruits and vegetables. First Published – April 9, 2025 | 11:29 PM Ist Facebook Twitter Linked In Whatsapp Gmail related posts

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