College Dropout: How He Became a Billionaire Worth 1200 Crores

Aadit Palicha, the 20-year-old CEO of Zepto, started the company in 2021 with his friend Kaivalya Vohra despite facing failures after COVID-19. Their hard work has earned them a place in the list of the wealthy with a net worth of 1,200 crores

Oct 2, 2024 - 11:24
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College Dropout: How He Became a Billionaire Worth 1200 Crores

Success Story of Zepto's CEO: At just 20 years old, Aadit Palicha became the CEO of the online grocery store Zepto. His dream was to study computer science at Stanford University in the USA, but COVID-19 shattered that dream. Despite being unable to get admission at Stanford, he did not lose hope and decided to do something different. After several failed business attempts, Aadit started Zepto with his childhood friend Kaivalya Vohra. Today, their total net worth is over 1,000 crores. Their inspiring journey proves that hard work and perseverance can turn dreams into reality despite difficulties.

Success After Failure:

Aadit Palicha started a company called GoPool at the age of 17, but it was unsuccessful. Following this, he decided to study in the USA, but due to COVID-19, that dream remained unfulfilled. Amidst these challenges, he started a company called KiranaKart with his friend Kaivalya Vohra, but this venture lasted only 10 months. Despite these setbacks, Aadit did not give up and moved toward the success of Zepto.

Zepto's Success During the Pandemic:

In the midst of the COVID-19 pandemic, Aadit Palicha and his friend Kaivalya Vohra launched Zepto in 2021. Within just a few months of the company’s launch, both became millionaires. In merely 5 months, Zepto's valuation reached 500 million dollars, and within a year, it grew to 900 million dollars. In two years, the company's valuation reached 1.4 billion dollars. Had Aadit graduated from a university in the USA, he would have become the CEO of a company worth over 11,600 crores. In the 2022 Hurun list, 20-year-old Aadit Palicha was included among the country’s wealthy, with a net worth of 1,200 crores. His story serves as an inspiration for young entrepreneurs.

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