Age: 21; net worth: Rs 3,600 cr; name: Kaivalya Vohra

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.

He appeared for the first time on the Hurun India Rich List in 2022 at the age of 19. Mr Vohra dropped out of a Stanford University computer science programme at age 8. Along with his friend Aadit Palicha, who is also on the Hurun list, Mr Vohra founded Zepto.

Kiranakart becomes Zepto

Initially, they had named it Kiranakart—an online grocery delivery platform promising groceries within 45 minutes. Later, they expanded Kiranakart into Zepto, which was an extension of Kiranakart Technologies Private Limited. Zepto is a commerce app that delivers online groceries, fruits, vegetables, personal care products, electronics, and much more in minutes. Its competition in India includes Amazon's India unit, Swiggy Instamart, Blinkit, and the Tata Group's BigBasket.

Zepto operates in 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.

Mr Vohra has also been featured on Forbes `Influential 30 under 30 Asia list.'

1,539 Indians valued at Rs 1000 crore plus each

The Hurun Rich List 2024 has featured 1,539 individuals with a net worth of over ₹1,000 crore, including 272 newcomers this year. 

Zepto is a commerce app that delivers online groceries, fruits, vegetables, personal care products, electronics, and much more in minutes. Its competition in India includes Amazon's India unit, Swiggy Instamart, Blinkit, and the Tata Group's BigBasket.

                                                 (By arrangement with livemint.com)