Aadit Palicha and Kaivalya Vohra, both students of Computer Science at Stanford University, dropped out of college to pursue a dream that started with a simple WhatsApp group.
The 2003-born entrepreneur made his debut for the first time on the IIFL Wealth Hurun India Rich 2022 at the age of 19
Aadit Palicha and Kaivalya Vohra were 19-year-old college students when they founded Zepto. They dropped out of a Computer Science course from Stanford to launch a start-up in the middle of the pandemic.
When Yash Acharya applied for the role of a product design intern with Zepto, he probably did not anticipate the company’s billionaire co-founder reaching out to him directly for his CV.
Bengaluru is the most popular place for these young wealth creators to establish a base, according to the survey, with 14 people, followed by New Delhi and Mumbai, each with eight.
Vohra, 19, has in fact become the youngest Indian and the first teenager to have personal wealth of at least Rs 1,000 crore, thanks to an over 50 percent rise in the valuation of Zepto, which he founded with Aadit Palicha in 2020, the report titled IIFL Wealth Hurun India Rich List 2022, showed. Palicha, 20, has also made it to the list.
The 10-minute delivery model may have a few problems, but Indian quick commerce startups' advertising strategy so far has not been problematic, say branding experts.