Zepto shifting its base to Total Mall in Sarjapur, Bengaluru: Report

Zepto had earlier asked its 1,700-1,800 employees to move from its current base in Powai, Mumbai, to Bengaluru. However, the timeline was pushed back due to delays in finalising an appropriate location.

In Short

• Zepto moving HQ from Mumbai to Bengaluru
• Relocation estimated to cost Rs 3–4 crore
• Plans to hire 500 more employees during relocation

Quick commerce platform Zepto is moving its headquarters from Mumbai to Bengaluru and has signed a lease to convert Total Mall in Sarjapur into its new office space, reported Moneycontrol. The decision comes after the company extended the relocation deadline, initially planned for November, to February.

Zepto had earlier asked its 1,700-1,800 employees to move from its current base in Powai, Mumbai, to Bengaluru. However, the timeline was pushed back due to delays in finalising an appropriate location.

Some roles will start operating from a temporary office in Bengaluru by November 11, as part of the transition process. Zepto’s tech and product teams, already based in Bengaluru, will soon be joined by other business verticals, currently headquartered in Mumbai. All major teams are expected to start working under one roof at the new office in Sarjapur.

Total Mall, now known as Market Square Mall, was once a thriving retail hub but is now being repurposed to become Zepto’s headquarters.

According to sources cited in the report, the cost of relocating Zepto’s headquarters from Mumbai to Bengaluru is estimated to be around Rs 3-4 crore. However, the company is expected to save approximately Rs 40-50 lakh per month on rent after the move, as Bengaluru offers lower office rental costs compared to Mumbai.

Zepto’s new location in Sarjapur places it closer to major rivals such as Swiggy and Flipkart, which both have offices in the same area. This proximity to competitors could help Zepto in terms of talent acquisition and industry collaboration.

Currently, around 1,000 Zepto employees are based in Mumbai, 400 in Bengaluru, and the remaining 300 are spread across various regions for city operations. According to sources, around 90% of the Mumbai-based employees are ready to relocate to Bengaluru, with discussions ongoing for the remaining staff. Only about 5-7% of employees may not be able to make the move.

Zepto also plans to expand its workforce as part of the relocation. The company is expected to hire an additional 500 employees for its corporate operations, increasing its total staff strength to around 2,200-2,300, according to Aadit Palicha, Zepto’s co-founder and CEO.

Zepto, which was founded in 2021 by Aadit Palicha and Kaivalya Vohra, has raised over $1.5 billion in funding from investors such as Nexus Venture Partners and StepStone Group. The company is currently valued at $5 billion and is considered one of the fastest-growing startups in the quick commerce space.