With Rs. 7500 Crores Net Worth of Zepto, Kaivalya Vohra Is the Youngest Self-made Richest Businessman!

Are you also that youngest sibling who always forgets some item from the mother’s grocery list? And then get scolded by your mom for that one missing item. Then you run back to the market again and get all tired. Well, no worries, dear younger siblings, your hustle comes to an end with this innovative Zepto grocery app that will help you to checklist all the items on your mother’s grocery list in just 10 minutes and will save you from the scoldings.

The mastermind behind this innovative business idea is the two childhood buddies, Kaivalya Vohra and Aadit Palicha, who founded Zepto, which claims to deliver your groceries in 10 minutes. Let’s unfold the journey of these two friends, who are now the youngest self-made richest businessmen with a net worth of crores.

“Finally Chotu ki responsibility ab Zepto ne leli, ab Chottu zindagi main kuch kar paayega”

Zepto

Zepto is an innovative startup based in Mumbai that offers 10-minute grocery delivery at the doorstep. Currently, it is the fastest-growing startup, providing its services in the following states: Mumbai, Chennai, Delhi, Bengaluru and Gurugram. It is about to expand its venture in Hyderabad also. In addition to it, Zepto is receiving amazing customer support. In this competitive world, there are already many e-commerce applications such as Swiggy, Instamart, Blinkit, BigBasket, etc and no doubt, Zepto is giving tough competition to them.

Zepto Founders

Truly said, “Necessity is the mother of invention,” as two students, Kaivalya Vohra and Aadit Palicha faced troubles with grocery delivery during their homestay during the pandemic. To find the solution to their problem, these two Stanford dropouts created Zepto, the one-stop solution for all delivery problems.

First Zepto Founder- Kaivalya Vohra

20 years old, Kaivalya Vohra is the co-founder and CTO of Zepto, a grocery delivery application. He is one of the youngest billionaires who made his place in the IIFL Wealth Hurun India Rich List in 2022. In addition to this, he was also featured in Forbes’ influential 30 Asia under 30 Asia list. He with his friend, Aadit Palich, founded Zepto in 2021 during the time of the pandemic.

Kaivalya Vohra: Education & Early Life

According to Kaivalya Vohra’s Wikipedia, He was born on March 15, 2003, in Bengaluru. He grew up in Dubai and completed his education at a private school in Dubai. Then for further studies, he relocated to America where he studied computer science at Stanford University. He later dropped out of the university to start his entrepreneurial journey of founding Zepto.

Kaivalya’s father supported him throughout his journey and boosted his confidence when he dropped out of college. It was a difficult decision for him but his father’s support made everything possible. Besides this, Zepto’s owner is multilingual and can speak Hindi, French and English fluently.

Zepto Co-founder- Aadit Palicha

Zepto is incomplete without its other co-founder, Aadit Palicha was born in 2001 in Mumbai after completing his education, he started the firm Gofool before founding Zepto. Then for further education, he went to Stanford University in the United States to earn a bachelor’s in computer science. At the age of 17, this Zepto founder started his business journey with his friend, Kaivalya Vohra. Their first start-up was the Kiranakart in January 2021 which got shut down in March 2021 which they modified into Zepto in April 2021.

What makes Zepto different from others?

Both the Zepto founders left their studies and took professional risks, however, without risks, there is no success. During the creation of the Zepto, there was pressure on both the Zepto founders to make sure that their start-up stood out and became successful.

So, they designed Zepto in a dark store model that any other e-commerce startup in India hasn’t used. Dark stores are the distribution stores that are not available to visitors. These micro-warehouses quickly fulfill the orders and provide the shoppers with the resources and various options for same-day delivery and pick-in-store delivery.

The Zepto founders understand the magic of the dark stores model and how they pick, pack and dispatch the goods in 60 seconds. This model has helped Zepto to stand out from the other e-commerce.

Zepto Net Worth

When Zepto founder Kaivalya Vohra was featured in the IIFL Wealth Hurun India Rich List 2022, his net worth was Rs.1000 crores. However, Zepto co-founder Aadit Palicha was ahead of him as his net worth was Rs.1200 crores.

In the year 2021, Zepto completed 10 lakh orders. Later in May 2022, Zepto’s evaluation hiked up to USD 900 million from USD 570 million. Presently, Kaivalya Vohra’s Zepto’s Net worth is Rs.7500 Crores.

These two Zepto founders became the youngest self-made richest businessmen at the ages of 19 and 21. They both inspire all the young minds who are hustling and juggling their dreams. Share this story with the youngsters who have the potential to become successful entrepreneurs in the future.

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