At the age of 19, two friends tried to start their own business. For this, he also left computer science at the prestigious Stanford University in America. Many startups start in less than a year, although large and well-funded startups take many years to establish. Recently his startup Zepto has raised funding of Rs 450 crore. We are talking about young entrepreneurs Adil Palicha and Kaivalya Vohra. Know his success story in his own words.
Reportedly, getting into Stanford seemed like a dream come true but the goal was to start a business. So he left computer science studies. The family narrated a lot on this move, however, they were also happy to see the business growing. As we saw in the first wave of Corona, we had to fight hard for the necessities of life. Most grocery delivery apps take 3-4 days to deliver. It was difficult for bachelors like us to wait so long. Then I thought what would happen to the people. Then the idea clicked. We felt that the future of Q-commerce in the country is golden. Then investors like Glad Brook Capital focused not on our age, but on the basics of the business. Due to this reason the market value of the company has reached to Rs. 2250 crores in recent times also.
In this start up all orders are delivered in less than 10 minutes while some take only 15 to 16 minutes. Currently we are in Mumbai, Delhi, Bangalore and NCR only. We have selected 2000 items that are needed the most. It has breakfast, food, paan, mukhvas and puja flowers. There are over 100 items at the entrance of our store. So that packing and delivery does not take time. Grocery delivery market is growing at an annual rate of 200 percent. While the minute grocery delivery segment has the potential to generate startups worth Rs 75,000 crore… it seems our decision to leave Stanford was not wrong. Aditya, Kaivalya.