Brief by Shorts91 Newsdesk / 09:13am on 30 Aug 2024,Friday Business
Kaivalya Vohra, co-founder of Zepto, is the youngest person on Hurun's list of India's richest, with a net worth of ₹3,600 crore at age 21. His co-founder, Aadit Palicha, 22, is the second youngest on the list. Both Vohra and Palicha dropped out of Stanford University’s computer science program to start Zepto in 2021. The company was launched to meet the increased demand for quick, contactless delivery during the Covid-19 pandemic. Zepto operates in India's competitive grocery delivery market, where it competes against major players such as Amazon India, Swiggy Instamart, Blinkit, and Tata Group's BigBasket.
