19 year old Indian became owner of 1000 crores
You will be surprised to hear the age of 19 years and assets of one thousand crore rupees, but today the youth of our country is progressing step by step with success in every field. The world of startups is also adopting the youth by spreading arms.
Actually, Kaivalya Vohra, co-founder of delivery startup Zepto, achieved great success at the age of just nineteen. Kaivalya Vohra is the youngest Indian to be included in the list of crore leaves in the country, or rather, the first teenager in the country, who has assets worth more than Rs 1000 crore. According to IIFL Wealth Hurun India Rich List 2022, Kaivalya Vohra’s total assets are Rs1000 crores. He is on 1036 rank in the list of all rich people.
At the same time, his 20-year-old teammate Adit Palicha has also joined the country’s least rich person. They both grew up in Mumbai and both are Stanford students, although they decided to leave the university’s computer science courts for business.
During the covid pandemic in India, both the youth imprisoned in their homes in Mumbai decided to work in the rapidly growing online grocery delivery sector. Along with this, he felt that at this time the country needs a quick doorstep delivery platform for essential needs. Initially, the name of his startup was Kirana Kirana card. kirana card is A platform that partnered with grocery stores for online delivery. Later it came to be known as.
Its name is derived from the Zepto second, a unit of the standard that measures time. The company raised $60 million dollars in funding in November 2021, while this platform also promised 10-minute grocery delivery. In December, in another funding ground, it raised $100 million and its price came down to $570 million. In May this year, Zepto got $200 million of funding. Due to this, its valuation reached $ 900 million dollars.
Let us tell you that an increase of more than 50% in the valuation of the company has made cofounders Kaivalya and Adit one of the richest youth in India. While you will also be surprised to know that the startup journey of Adit started at the age of 17. After that, he established a student carpool application Go Pool in Dubai.
At present, talking Zepto, is running its operation in ten big cities in India. Up to one thousand employees work in the company, three thousand products are delivered on the platform. This includes things like fruits, and vegetables to cooking products, and health hygiene products. According to the information, 90% of orders are delivered through zepto dark storefront and mini-warehouse. The specialty of the same Zepto is that the company works on the quick segment in India. According to Hurun’s list, this time the number of youth on this list is large. In such a situation, there are thirteen entrepreneurs who were born in the nineties, and all of them are self-made. It has been said in the list that ten years ago the age of the youngest business person in the list was 37 years, while now this age has come down to 19 years, which shows the startup revolution in India.
In the Hurun India Rich List 2022, in 122 cities of the country, 1103 people with assets worth Rs 1000 crore have been given a place on the list. 30-year-old Alakh Pandey and Prateek Maheshwari, co-founders of Unicorn Physics Wallah, have also made it to this list for the first time. Falguni Nayar of Nykaa and Ravi Modi of Vedant Fashions also joined this list the first time whose companies have recently appeared on the stock market. Listed in. At the same time, Gautam Adani, the chairman of the Adani group, has secured the first position in the IIFL wealth Hurun 2022 list of India’s richest people. Adani’s wealth has increased by 116%, his wealth is Rs 10.94 lakh crore, while the second number is Mukesh Ambani, chairman of Reliance Industries, whose wealth is Rs 7.94 lakh crore.
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