Zepto appoints Ramesh Bafna as new Chief Financial Officer

 Zepto, India’s fastest-growing online grocery company, announced the appointment of Ramesh Bafna as its new Chief Financial Officer. As the ex-CFO of Myntra and an early member of the Flipkart team, Bafna is one of the country’s premier CFOs in Consumer Internet and E-Commerce with almost 2 decades of experience overall. Ramesh’s appointment signifies major milestones in Zepto’s growth and profitability metrics, where the company is now focusing on building an industry-leading Finance team for its next phase of scale. 

Zepto’s Co-founder and CEO, Aadit Palicha, on the appointment, said, "Ramesh is a best-in-class e-commerce CFO and he will build a best-in-class Finance team at Zepto. Through disciplined execution, Zepto is delivering incredible progress on growth and profitability. To take Zepto public in 2-3 years, we believe we need an incredible CFO and Ramesh is the right person for the job. I’m looking forward to this journey of building a generational company with him onboard!”

Zepto’s Incoming CFO, Ramesh Bafna, said, "I am really excited to be back in the next phase of India's e-commerce journey, which is quick, fresh, and decentralized. Zepto is reimagining consumer internet with depth, operating discipline, and a long-term sustainable model. I'm looking forward to this journey, along with some of the best minds in the country at the Zepto team.”

In Mid-May, Bafna will take over the role from Jitendra Nagpal who joined Zepto during its early days and did a phenomenal job taking the company from 0 to 1 and beyond. Prior to this, Bafna served as the CFO at the Wealth Tech company, CoinSwitch Kuber, played a key role in the early days of Flipkart as part of its Finance team, and also spent a decade at IT services major Wipro.