The Total Mall in Bengaluru Will Soon Become Zepto’s New Workspace

Nitin Konde

Oct 8, 2024 — 2 min read

The Total Mall in Bengaluru Will Soon Become Zepto’s New Workspace

A report from a media house stated that Zepto, an Indian startup known for its 10-minute grocery delivery service, has reportedly acquired a deal to transform Total Mall in Sarjapur into its Bengaluru office space.

Zepto's sector peers, Swiggy and Flipkart, as well as giant corporations like Walmart, Adobe, and Rubrik, are located on Sarjapur Road.

Transfer of Staff to Bengaluru

The fast-commerce behemoth reportedly gave its employees until February 2025 to pack up and relocate to Bengaluru, extending the deadline by a few months. The startup had previously given its staff members until November to move from Powai, Mumbai, to Sarjapur, Bengaluru. However, because it took longer than expected to find a suitable office location, the deadline was later extended.

Zepto has started relocating certain positions to a temporary office in the city, with plans to start operations on 11 November 2024. Zepto's development and product teams already operate out of Bengaluru, while the company's business operations are headquartered in Mumbai. According to the source, all important departments would be consolidated in the new Bengaluru headquarters by February.

Budget Projections for the Bengaluru Relocation

As mentioned in the repot, the one-time cost of moving Zepto's headquarters from Mumbai to Bengaluru is anticipated to be approximately INR 3–4 crore. However, by moving from Mumbai to Bengaluru, the Aadit Palicha-led company anticipates saving about INR 40–50 lakh in rent each month, offsetting this expense.

Approximately 1,000 of Zepto's 1,700–1,800 workers are presently situated in Mumbai, 400 in Bengaluru, while the rest 300 are dispersed among different areas for city operations. Interestingly, the study also stated that almost 90% of the employees based in Mumbai are already willing to go to Bengaluru, Karnataka.

Further Expansion

In addition to the move, Zepto intends to increase its workforce. According to Aadit Palicha, co-founder and CEO of Zepto, the company plans to add 500 more workers for its corporate operations, bringing its overall workforce to between 2,200 and 2,300.

Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto has raised more than $1.5 billion from investors, including StepStone Group and Nexus Venture Partners. The business, which is currently valued over $5 billion, is regarded as one of the quick commerce industry's fastest-growing businesses.

Zepto was previously welcomed by the Karnataka government to the capital city, and the government encouraged other start-ups to consider Bengaluru for their primary operations. Begaluru city, which ranks 18th in Asia Pacific, is also the most millennial-friendly in India in terms of jobs and education. It is a hub for innovation, home to over 3,600 funded tech firms and the greatest proportion of employable female talent. Welcome, @ZeptoNow! Karnataka IT Minister Priyank Kharge said. "I invite more startups to join us and flourish in the best startup ecosystem in India," he added further.