Getting into business: Founding a billion dollar firm

Business Daily

BBC

News, Business

4.4 • 796 Ratings

🗓️ 10 February 2023

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Twenty-year-old Aadit Palicha is the man behind India's hottest start up. He was just 18 when he co-founded his quick commerce company Zepto. The firm delivers groceries to its customers in under 10 minutes and is currently valued at over a billion dollars.

Aadit tells the BBC's Nikhil Inamdar where the idea for Zepto came from, how they achieve such fast delivery times and what it has been like building such enormous success so quickly.

Presenter/producer: Nikhil Inamdar

(Photo: Aadit Palicha)

Transcript

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0:00.0	When you meet someone online, can you trust they are who they say they are?
0:04.7	I keep thinking so much about you.
0:07.1	She's so stunning.
0:08.4	It's all well planned.
0:10.8	Love Janessa is the True Crime podcast from the BBC World Service and CBC podcasts,
0:16.8	exploring the world of online romance scams.
0:19.8	And it's available now.
0:21.2	Find it wherever you found this podcast.
0:24.5	Welcome to the latest episode in our Getting Into Business series for Business Daily.
0:30.6	If you've been keeping up with the series so far,
0:33.3	you would have heard stories from businesses all over the world about what it's like to start out.
0:38.5	Well, in this episode, we're going big.
0:42.5	We're speaking to the owner of one of India's fastest growing startups on track to be valued at over a billion dollars in its second year.
0:50.5	Yep, you heard that right, a billion dollars.
0:53.8	We find out how the business came to be
0:55.7	and what enables it to grow so fast. Welcome to Business Daily with me, Nikhilan Amdar. In this
1:05.6	episode, I speak to Adip Belichael, the 20-year-old co-founder of Zepto, one of India's hottest quick-comer
1:12.6	start-ups that's delivering groceries to Indian homes in under 10 minutes. I began by asking
1:19.0	Adith how the idea for it germinated. It really sort of germinated when my co-founder and I, two of us
1:26.5	were stuck in Bombay as bachelors.
1:29.0	We couldn't find a nice apartment because nobody wanted two bachelors in a well and respectable
1:34.7	building in India.
	...

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