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At 21, Zepto Co-Founder Among India's Richest. Net Worth: Rs 3,600 Crore

At 21, Zepto Co-Founder Among India's Richest. Net Worth: Rs 3,600 Crore

NDTV
Thursday, August 29, 2024 09:17:45 AM UTC

Kaivalya Vohra, 21, has a net worth of Rs 3,600 crore, according to the Hurun India Rich List.

Kaivalya Vohra, co-founder of quick commerce app Zepto, is the youngest to feature on the list of richest Indians released by Hurun. The 21-year-old has a net worth of Rs 3,600 crore. His co-founder, 22-year old Aadit Palicha, is second youngest on the list.

Vohra and Palicha were students of Stanford University, who later dropped out of their computer science course and pursued entrepreneurship. Both friends started Zepto in 2021 to fulfil the growing demand for quick and contactless delivery of essential items in the days of the Covid pandemic.

Zepto competes in India's hyper-competitive grocery delivery space. Rivals in the market include e-commerce giant Amazon's India unit and homegrown competitors such as Swiggy Instamart, Blinkit, and conglomerate Tata Group's BigBasket.

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