(L-R) Kaivalya Vohra, CTO, Zepto and Aadit Palicha, CEO and Co-founder, Zepto
Blame it on 19. It makes you cocky. “I was 11 when Grofers started,” says Aadit Palicha, co-founder and CEO of Zepto, a 10-minute grocery delivery app started in April last year. “While they raised $100 million recently, we've been around for five months and raised $160 million,” he says, brimming with brash confidence.
Blame it on 19. It adds swag to your ‘so what’ talk. “We got a valuation of $570 million in five months. That’s double of Dunzo,” he said in an interview to Forbes India in the last week of December. A few days later, Reliance Retail led a $240-million funding round in six-year-old Dunzo reportedly at a valuation of $800 million. A lot of people, lets on the 19-year-old Indian-origin founder who completed his schooling from Dubai, can talk about legacy players who have been there for a while but he says he’s not bothered. “We are doubling or tripling every month in scale,” he claims.