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Aadit Palicha is a young entrepreneur who achieved great success at a very young age. He is the CEO of a company that he built from scratch and has earned Rs 1200 crore at just 20 years old. He built his company into a Rs 7300 crore firm in just one year. Aadit Palicha is the Founder & CEO of Zepto - India’s fastest-growing e-grocery company valued at $900 Million following its recent Series-D fundraising of $360M from marquee global investors including Y Combinator Continuity, Kaiser Permanente, Nexus Venture Partners, Glade Brook Capital, and Lachy Groom1. He founded Zepto at the young age of 19 and has made it very successful. Within a mere nine months of operations, the company has an incredulous valuation of $900 million.
Aadit Palicha - Source: LinkedIn |
According to an article on failurebeforesuccess.com, Aadit Palicha and his co-founder Kaivalya Vohra launched Zepto in September 2021 and have been in operation since April 20221. Zepto came into its founder's mind during the pandemic when there was a vast demand for basic things like groceries that took a couple of days to arrive. Vohra and Palicha, who lived alone during the pandemic, found it a huge problem and decided to start a business that would solve this. Both Palicha and Vohra had enrolled at Stanford to pursue a Computer Science degree but dropped out to pursue their entrepreneurial interests instead.
Some other top online grocery delivery companies in India:
- Blinkit
- Instamart
- Big Basket
- Grofers
- Aaram Shop Private Limited
- Amazon Retail India Private Limited
- Natures Basket Limited
- Paytm E-Commerce Private Limited
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