Zepto’s founder, Kaivalya Vohra, is the youngest richest Indian; He is 19 years old


By CNBCTV18.com IST (Released)

mini

Vohra is the Chief Technology Officer of Zepto, which has become the fastest growing online grocery company in India.

Zepto co-founder Kaivalya Vohra, 19, is the youngest richest Indian, according to the IIFL Wealth Hurun India Rich List 2022. fastest growing online grocery store in India. .

Vohra was ranked 1,036th in the IIFL Wealth Hurun India Rich List 2022, with an individual net worth of Rs 1,000 crore. Vohra founded Zepto, a grocery delivery app in Mumbai with Aadit Palicha in 2020. Palicha, 20, also broke into the Hurun India Rich list with a net worth of Rs 1,200 crore.

Zepto nearly doubled its valuation to $900 million in May after receiving a $200 million investment in a round led by YC Continuity Fund. As of December 2021, the company was valued at $570 million.

READ ALSO :

Who is Kaivalya Vohra?

Vohra was born in Bangalore and educated in Bangalore. Vohra is fluent in three languages, Hindi, English and French. Before starting his own company, Vohra had enrolled at Stanford University to take a computer engineering program. However, he dropped out to pursue his entrepreneurial interests with his friend Aadit Palicha.

The Zepto duo were living in Dubai when they were admitted to Stanford and after going through an online orientation they decided to go to Mumbai.

Vohra co-founded Kiranakart, a Mumbai-based online grocery delivery startup that promised 45-minute grocery deliveries across Mumbai, with Palicha and their work together led to the creation of Zepto, which is part of Kiranakart Technologies Private Limited.

Vohra debuting in the rich list is an indicator of the growing influence of start-ups in India, the Hurun Research Institute said.

The duo Zepto was also featured in Forbes magazine’s influential ’30 under 30′ (Asia list) in the e-commerce category.


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button