India, March 4 -- Quick commerce unicorn Zepto's CEO Aadit Palicha took to social media platform LinkedIn to correct Zomato CEO Deepinder Goyal over a statement he made while talking to ET.

Speaking about the intense competition the listed foodtech major has been seeing in the quick commerce segment, Goyal told the publication that Zomato's quick commerce arm Blinkit's cash burn rate is about 2-3% of the entire 10-minute deliveries segment while estimating its category share to be in the range of 40-45%.

While estimating the quarterly burn of the quick commerce industry to be around INR 5,000 Cr, the CEO also claimed that more than half of this burn would be accounted for by Zepto. "Compared to this, we're burning very low numbers. Last...