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In a wide-ranging interview with Moneycontrol, Palicha asserted Zepto is an Indian company that is not controlled by Americans, unlike Amazon and Flipkart parent Walmart.

Coincidentally, about one month after Lu quit her job and went all in on the company, her business partner returned from an overseas vacation, and decided that she was over the startup life.

Many entrepreneurs will say that building a successful startup ... of $100 million, Tiong said in a statement in June. Tiong's journey in building Patsnap has been far from easy.