Zepto’s Kaivalya Vohra youngest Indian with net worth above Rs 1,000 crore!!

Named after ‘zepto second’, an extremely small unit of time, Zepto promises grocery delivery in minutes. Vohra and Palicha founded it after they returned to India with a plan to build a quick commerce company. At its launch, the platform guaranteed a 10-minute delivery. However, it was later changed to “delivery in minutes.”

19-year-old Kaivalya Vohra, the founder of quick grocery delivery app Zepto, emerged as the youngest Indian to have a net worth of over Rs 1,000 crore in a survey. He stood at the 1,036th spot in the IIFL Wealth Hurun India Rich List 2022, with a net worth of Rs 1,000 crore.

Vohra founded Zepto with Aadit Palicha in 2020. Palicha, 20, has also made it to the list with a net worth of Rs 1,200 crore.

In May, Zepto raised $200 million from a round led by YC Continuity Fund. After the investment, the start-up nearly doubled its valuation to hit the US$900 million mark. In December, it was valued at US$570 million.

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