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.
The model that the Nexus Ventures-backed unicorn has built in the backend is very different from the conventional framework on which e-commerce giants such as Amazon and Flipkart run their businesses in India.