Aadit Palicha led firm is giving a very robust competitors to Mukesh Ambani-backed Dunzo which has been underneath scrutiny for the previous a number of months.
Aadit Palicha is among the most talked about entrepreneurs within the nation proper now. He is the co-founder and CEO of fast ecommerce platform Zepto which has raised Rs 5559 crore at a valuation of Rs 30101 crore. Reportedly going for the IPO subsequent 12 months, 23-year-old Aadit Palicha led firm is giving a very robust competitors to Mukesh Ambani-backed Dunzo which has been underneath scrutiny for the previous a number of months. While Blinkit remains to be the market chief within the section, Zepto is slowly bridging the hole and an enormous credit score for that goes to Aadit Palicha. After failing in his preliminary makes an attempt, Aadit paired up with Kaivalya Vohra to begin Zepto in April 2021. Within one month of operation, their valuation zoomed to 200 million {dollars}.
Born in 2001, Mumbai resident Aadit Palicha was at all times inquisitive about working his personal enterprise and he started his entrepreneurial journey on the age of 17. He began an organization known as GoPool which did not make a mark. He then went to the United States to review laptop science from among the finest universities on the planet, Stanford University. However, he dropped the course mid-way to change into a businessman.
After dropping out from college, Aadit Palicha launched an organization known as Kirana Kart with Kaivalya Vohra. It ran just for 10 months. Later, he bought the concept to construct an organization that may present groceries inside 10-16 minutes and that’s how Zepto was born.
“Was supposed to get a Bachelor’s Degree in Computer Science, but I decided to build Zepto instead,” he quipped on LinkedIn. If stories are to be believed, Aadit Palicha at the moment has a web value of greater than Rs 1200 crore.
