Indian entrepreneur Aadit Palicha has been in the news because he has now become one of the youngest businessmen in India, know his age and net worth
Two intelligent teens who made the decision to leave Stanford University, a renowned and esteemed educational institution in the US, have created an intriguing tale of lightning-fast business success.
Know Who Is Aadit Palicha Founder Of Zepto, Biography, Age, Family, Parents, Father, Education, School, Net Worth 2022
@ZeptoNow co-founders @aadit_palicha and Kaivalya Vohra (@v0hra) also debuted on the list.
Vohra is the youngest entrepreneur to enter the list at the age of 19 with a personal wealth of at least Rs 1,000 Cr, courtesy of over 50% rise in Zepto's valuation, the report showed. pic.twitter.com/6vD0yfM1x2
— Young Turks (@CNBCYoungTurks) September 21, 2022
In April 2021, Aadit Palicha and Kaivalya Vohra, two teenagers, launched Zepto, a platform for 10-minute deliveries. Their firm, which was founded only nine months ago, is now worth $900 million (over Rs 6,800 crore). As they received $200 million in the capital on Tuesday, it saw a big increase in value.
Because of his business’ immense success, both founders have now become billionaires. While Kaivalya became the youngest rich on the list on the IIFL Wealth Hurun India Rich List 2022 with 1000 crores, Palicha is listed at 950th place with a worth of Rs. 1,200 crores.
Since then, everyone is talking about Aadit Palicha. Many people are trying to find out more about him. So, here’s what we know about him:
Who Is Aadit Palicha?
Aadit Palicha is a well-known Indian entrepreneur. He has been in the news because he has been listed on the IIFL Wealth Hurun India Rich List 2022 at 950th place with a worth of Rs. 1,200 crores. He is just 20 years old.
He was born in Mumbai, Maharashtra, India. He did his schooling in Mumbai. He has an IB diploma from GEMS Education, as well as diplomas in math and computer science.
He was set to receive his degree from Stanford University’s renowned Computer Science program after finishing his formal schooling. Nevertheless, he made the decision to leave the program and launch his own firm. He also attended Y Combinator, a startup fund, and program.
Palicha’s mother runs a recruitment firm and his father is in the banking industry.
His Career
Aadit Palicha joined the PryvaSee firm in July 2019 and started working on an AI project that summarised privacy regulations as a Project Lead. At the age of 17, he eventually established his own firm, GoPool.
Later, he launched KiranaKart in June 2020, however owing to KiranaKart’s weak product-market fit, he ended the company’s activities in March 2021. Later, he established Zepto, India’s fastest-growing e-grocery business, with a $900 million market cap. He founded it along with Kaivalya Vohra.
Due to its system of dark storefronts and mini-warehouses, Zepto is able to meet its 10-minute delivery goal. The business is based on a quick service and customer-centric strategy. “Groceries delivered in 10 minutes” is Zepto’s slogan.
Net Worth Of Aadit Palicha
His net worth is estimated to be Rs. 1200 crores.