Mumbai, Maharashtra, India, July 2024 – Devendra Meel has been elevated to the position of Chief Business Officer at Zepto. With a proven track record in strategic leadership and business development, Devendra is set to drive Zepto’s growth and innovation in the e-grocery market.
Devendra Meel has been with Zepto for approximately 1 year and 1 month. In his current role as Chief Business Officer, he oversees the company’s strategic initiatives and business operations. Prior to this, he served as Senior Vice President Strategy for about 5 months, leading strategic projects and initiatives. Before that, he was Vice President Strategy, Head Zepto Pass for around 8 months, where he was responsible for the overall strategy, future roadmap, and expansion plans of Zepto Pass and Zepto Ads business.
Before joining Zepto, Devendra worked at Zomato for approximately 4 years and 10 months. His roles included Central Strategy Lead – Monetization, Regional Business Head – Central India, Business Head – Delhi NCR | Online Ordering & Dine-in, Business Head – Delhi NCR | Online Ordering, and Launch Manager – Emerging Markets. During his tenure at Zomato, he managed significant revenue streams, led large teams, and executed market expansion strategies.
Devendra’s earlier career includes roles such as Manager, Investment & International Business Development at Amplus Solar, Program Manager at Amazon, and Program & Strategy Lead at Jio. He began his career as Manager, Operations at Reliance and as an Engineering Intern at GE Healthcare.
Founded in 2021 by Stanford University dropouts Aadit Palicha and Kaivalya Vohra, Zepto is India’s fastest-growing e-grocery company, valued at $1.4 billion following its recent Series-E fundraise of $200 million from marquee global investors. Headquartered in Mumbai, Zepto operates across 10 major cities in India with over 1000 employees, delivering more than 5000 products, including fresh fruits and vegetables, daily cooking essentials, dairy, and health-and-hygiene products, to Indian homes within 10 minutes. Leveraging strong tech capabilities, an efficient business model, and a network of highly optimized delivery centers, Zepto is revolutionizing the Indian grocery market, currently valued at $600 billion. Additionally, Zepto has introduced a cafe offering that allows customers to order coffee, chai, and other café items along with their groceries.
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