Zepto promotes Ankit Agarwal to Chief Product Officer
“We're not following trends, we're setting them. I'm excited to be part of that team."
Zepto, India’s fastest-growing online grocery company, announced the promotion of Ankit Agarwal to the position of Chief Product Officer.
“Ankit joined us about a year ago and in that time he has built strong rigour within the fulfilment charter," says Kaivalya Vohra, Co-founder and CTO, Zepto. "We've been able to ship world-class technology over the last year - everything from building our entire last mile stack in-house to building and rolling out a warehouse management system in <6 months, and many other needle-moving initiatives.
"A major part of the journey that lies ahead will be driven by innovation in product and technology. Ankit embodies the best of Zepto’s culture, demonstrating his ability time and time again to operate with incredible ownership, rigour, ambition, and deep customer centricity. I'm confident that there is no one better suited in the country to lead the team on our journey to establish Zepto as the best product company in India.”
Agarwal adds: “We're not following trends, we're setting them. I'm excited to be part of that team that is revolutionising commerce in India.”
With 13+ years of product experience in companies such as Flipkart, Delhivery and Infra.Market, Agarwal joined Zepto in August 2022 as SVP of Product to lead the entire fulfilment charter, spanning the entirety of supply chain, last mile and finance tech. Agarwal has also been a founder in the past with Orinko, trying to build India’s first ever fruits and vegetables consumer brand. With Ankit’s elevation, he will now own product end-to-end, from consumer to supply chain and last mile.
Zepto became the only Indian unicorn in 2023 when it raised $200 million Series E, valuing it at $1.4 billion. Zepto has raised $560 million in total till now.
Zepto plans to go public by 2025 as a profitable, growing technology company. Founded in 2021 by Stanford University dropouts Aadit Palicha and Vohra, Zepto, headquartered in Mumbai, delivers 6,000+ grocery products in 10 minutes through a network of delivery hubs across the country.