The path to success taken by Aadit Palicha is truly amazing. He is the 21-year-old CEO and founder of Zepto, an online grocery delivery service that in its first year brought in an astounding Rs 7400 crore ($900 million) in valuation.
Quick commerce, or super-fast deliveries, is becoming increasingly popular among millennials and Gen Z, with companies delivering various items to doorsteps in no time. Quick commerce makes up about 5-6 per cent of a household s grocery spending, with platforms like Blinkit valued at around $13 billion. It is mostly popular in big cities but is also gaining traction in places like Vizag, Nagpur, Kochi, Jaipur, and Lucknow.
Quick commerce, or super-fast deliveries, is becoming increasingly popular among millennials and Gen Z, with companies delivering various items to doorsteps in no time. Quick commerce makes up about 5-6 per cent of a household s grocery spending, with platforms like Blinkit valued at around $13 billion. It is mostly popular in big cities but is also gaining traction in places like Vizag, Nagpur, Kochi, Jaipur, and Lucknow.
India Business News: In the past one year, half the new customers that we have added are all pure play quick commerce customers, who often do not make planned purchases an
The Standford dropouts are pivotal in shaping India's Q-commerce Industry through their unique business model. Founded in 2021 by Aadit Palicha and Kaivalay Vohra, Zepto offers quick commerce service, delivering online groceries, fruits, vegetables, electronics, and many more in a few minutes. According to the IIFL Wealth Hurun India Rich List, Aadit Palicha has a net worth of Rs 1,120 crore.