New Delhi, April 4 -- Zepto co-founder Aadit Palicha has claimed that India's consumer internet startups are vital for innovation. While highlighting the recent criticism of Indian start-ups, he points to Zepto's growth and contributions, urging support for local companies to foster technological advancements.

Taking to the social media platform X, Aadit Palicha wrote, "It is easy to criticise consumer internet startups in India, especially when you compare them to the deep technical excellence being built in US/China."

He further gave an example and said, "the reality is this: there are almost 1.5 Lakh real people who are earning livelihoods on Zepto today - a company that did not exist 3.5 years ago. Rs.1,000+ Crores of tax contributi...