6800 CRORES IN 9 MONTHS - INDIAN SUPERSTARS IN THE BUSINESS WORLD - DETAILS!
Home > News Shots > IndiaWhen we start a new business, it can definitely take a long time to succeed.
For some time, there are even opportunities to face failures and then buy. But, within a year or two of starting a new business, the two young men have made tremendous growth.
Founded by a young man at the age of 19, the company has grown into the largest business in India today and has grown into a fierce competitor to many leading companies.
Many of the companies that are in the e-commerce business are also growing exponentially by delivering the products that people need. 19-year-old Aadit Palicha and Kaivalya Vohra founded Zepto, a 10-minute delivery platform, back in April 2021, has now raised three investments, one year after its inception.
Aadit Palicha has dropped out of Stanford College and returned to India to start his own business. Together with her friend Kaivalya Vohra, she has been setting up a company called Granacard for the past one year. With this, the business model is to partner with grocery stores and deliver the goods people need in 10 minutes. Named Zepto, Aadit and Kaivalya have launched a 10-minute instant delivery service.
Initially, Zepto started in congested cities like Mumbai, but so far they have expanded their business to around 11 cities. With this, Zepto is valued at around $ 900 million in just 9 months, after raising the first investment.
Zepto has risen to about Rs 6800 crore in Indian currency. Following groceries, Aadit and Kaivalya are reportedly down in an attempt to speed up the delivery of food items, including coffee and snacks, to the next stage.
Young people in their early 20s, starting a new e-commerce company and turning it into an investment worth billions of rupees has taken many by surprise.
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