Kaivalya Vohra: Meet India's youngest billionaire on Hurun 2024
ET Online |
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Youngest Indian tycoon
Kaivalya Vohra, at just 21 years old, has amassed a net worth of Rs 3,600 crore, according to the Hurun India Rich List 2024.
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Co-founder of Zepto
As the co-founder of the quick commerce app Zepto, Vohra is the youngest individual to appear on Hurun’s list of richest Indians. His co-founder, 22-year-old Aadit Palicha, is the second youngest on the list.
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Stanford dropouts turned entrepreneurs
Vohra and Palicha were originally Stanford University students before dropping out of their computer science course to pursue entrepreneurship. In 2021, the duo launched Zepto to meet the rising demand for quick and contactless delivery of essentials during the Covid pandemic.
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Competing in grocery delivery
Zepto is a key player in India's fiercely competitive grocery delivery market, going up against heavyweights like Amazon India, Swiggy Instamart, Blinkit, and Tata Group's BigBasket.
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Milestone in wealth
Vohra first appeared on the IIFL Wealth-Hurun India Rich List in 2022 at the age of 19. In 2024, this list reached a new milestone with over 300 billionaires, representing a wide array of industries including entertainment, corporate, and quick commerce.