Quick commerce app Zepto co-founder Kaivalya Vohra has been named the youngest person on the Hurun India Rich List 2024. The 21-year-old has a net worth of around ₹3,600 crore and has been named in the Hurun list for the third time.
According to Hurun India List, he remains the youngest among India’s wealthiest individuals.
Appearing for the first time on the Hurun India Rich List in 2022 at the age of 19 years, Vohra is a Stanford University dropout from the computer science programme at 18. Along with his friend Aadit Palicha – second on the Hurun India List, Vohra founded Zepto.
Initially, they had named it Kiranakart—an online grocery delivery platform promising groceries within 45 minutes. But later, they expanded Kiranakart into Zepto, which was an extension of Kiranakart Technologies Private Limited.
Currently, Zepto operates in cities like Bengaluru, Lucknow, Delhi, and Chennai, among others. The firm's valuation spiked to such a level that in August 2023, it achieved unicorn status at $1.4 billion.
Apart from this, Vohra has also featured on Forbes’ influential 30 under 30 Asia list.
In 2024, Hurun Rich List entered 13th year and has featured 1,539 individuals with a net worth of over ₹1,000 crore, including 272 newcomers, reported Hindustan Times.
Formed by two Stanford University dropouts, the firm is a commerce app that delivers online groceries, fruits, vegetables, personal care products, electronics, and much more in minutes.
Its competition in India include Amazon's India unit, Swiggy Instamart, Blinkit, and conglomerate Tata Group's BigBasket.
Meanwhile, Adani Group Chairman Gautam Adani has topped the Hurun India Rich List 2024 ahead of Reliance Industries Chairman Mukesh Ambani, Hindustan Times reported.
With a wealth of ₹11.6 lakh crore, Adani took pole position displacing Ambani to the second spot.
