IIFL Hurun India’s Rich List of 2022: The founders of quick-commerce company Zepto, which makes online delivery of groceries in 10 minutes, have also found a place in this list of Hurun India’s rich. The founder of Zepto, Kaivalya Vohra is just 19 years old and thus he is the youngest rich person in the country to feature in this list.
According to the IIFL Wealth Hurun India Rich List 2022, Vohra’s net worth is estimated at Rs 1,000 crore. At the same time, the second youngest in this list is Aadit Palicha, the partner of Amir Vohra. The net worth of 20-year-old Valicha is estimated at Rs 1200 crore.
Started my own business after leaving studies
Vohra and Walecha are childhood friends and grew up in Dubai. Both were studying at Stanford University but left the computer science course midway from the university to start their own business. During the Corona epidemic in India, he started his business in view of the growing opportunity in online grocery delivery.
Such included in the list of top rich
Both started online delivery from grocery stores through KiranaKart. It was later renamed Zepto and raised $60 million in November 2021. After this, it raised $100 million again in December 2021 and its valuation reached $57 million. By May this year, it had received a fund of $ 200 million and its value has reached $ 90 million. A 50 per cent jump in Zepto’s valuation made Vohra and Palicha among the country’s youngest rich.
Vohra’s entry a sign of growing influence of startups
According to the Hurun Research Institute, Vohra’s entry in the rich list is a sign of the growing influence of startups in India. Ten years ago India’s youngest rich was 37 years old, but now due to the startup revolution, only 19 years old man has made it to this list. Palicha started his startup journey at the age of 17 when he started a student carpool application called GoPool in Dubai.