Instacart Co-Founder Apoorva Mehta Reaps $1 3 Billion As He Quits Company indiawest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiawest.com Daily Mail and Mail on Sunday newspapers.
Apoorva Mehta, co-founder of Instacart, is set to have a fortune of $1.1 billion following the company s IPO. Mehta stepped down as CEO in August 2021 and relinquished his board position as part of the IPO proceedings. Instacart, which started as a Webvan clone, has grown to become the largest grocery-delivery business in the US, with revenue growing 31% to $1.5 billion in the first half of 2022.