Aadit Palicha and Kaivalya Vohra founded Zepto just a year ago, and it’s already one of the fastest-growing “fast commerce” apps in India. CNBC Make It’s Goh Chiew Tong talks to the two 19-year-olds to find out how they dropped out of Stanford University and built a $900 million instant food app.
Aadit Palicha and Kaivalya Vohra are the founders of Zepto, a start-up from India that promises to deliver groceries in less than 10 minutes. The firm is just one of many businesses that have joined the wave of what is known as “fast” or “instant” commerce.
The childhood friends founded the business in July 2021 – right in the middle of the Covid-19 pandemic. The operation began two months later.
Zepto says it is now adding 100,000 new users every day.
Watch the video to find out how these teenage Stanford dropouts built a $900 million start-up.