Zepto Co-founder Kaivalya Became The Youngest Rich Person In The Country, Made A Wealth Of ₹ 1,000 Crore | NewsBust Zepto Co-founder Kaivalya Became The Youngest Rich Person In The Country, Made A Wealth Of ₹ 1,000 Crore | NewsBust

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Zepto Co-founder Kaivalya Became The Youngest Rich Person In The Country, Made A Wealth Of ₹ 1,000 Crore

By Shivani Kapoor - September 22, 2022

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Some people come to make history on earth. They make a different place on this earth with their hard work and dedication. Now look at the founder of Zepto. Zepto’s founder Kaivalya Vohra has become the richest teenager in the country. Kaivalya Vohra has made it to the IIFL Wealth Hurun 2022 list of India’s richest people for the first time this year. For your information, let us tell you that apart from Kaivalya Vohra, many other start-up founders including Alakh Pandey, co-founder of PhysicsWallah, have also joined this list for the first time. There is a good news for the youth of the country.

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Kaivalya Vohra is the first teenager in the country, who has assets of more than 1,000 crores. Right now his age is only 19 years. According to the IIFL Wealth Hurun India Rich List 2022, Kavalya Vohra founded Zepto in the year 2020 along with Aadit Palicha. Its valuation has jumped more than 50 per cent in the last one year. Kaivalya Vohra has got the direct benefit of this. At the same time, apart from Vohra, 20-year-old Aditi Palicha has also made it to this list.

Two youths from Mumbai left Stanford University and started the Zepto app, this app delivers groceries in 10 minutes. The startup managed to garner around $60 million in funding from investors such as Y Combinator and Glade Brook Capital. Along with this, they have registered their presence in the crowded but fast growing grocery delivery market of India.

Palicha and Vohra took admission in Stanford University’s computer science engineering program last year, but left the university midway to start a startup. Right now their purpose is to provide services in areas adjacent to Bangalore, Mumbai and Delhi. With the expansion in these three cities, services will also start in Hyderabad, Pune, Kolkata and Chennai in the coming time.

Shivani Kapoor

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