DRHP Filing Exposes High Labor Turnover in Quick Commerce Sector
Fast-growing quick commerce startup Zepto has revealed a permanent corporate staff attrition rate of 51.28% in FY26, up from 40.48% in the previous fiscal year, according to its Draft Red Herring Prospectus (DRHP) filed in June 2026. The high attrition highlights the intense pressure and competitive poaching in the local quick commerce sector as companies battle for top engineering and product talent.
Overall Attrition and Headcount Shrinkage
The situation is even more pronounced when including frontline gig workers, loaders, and delivery partners, where the overall attrition rate reached a high of 73.22% in FY26. Zepto’s permanent headcount fell slightly by 3.6% year-on-year to 5,212 employees. The management has attributed the turnover to corporate streamlining, automation of sorting facilities, and standard industry-wide attrition rates among gig workers.
