HomeCURRENT AFFAIRSBUSINESSZepto's Founder Becomes Youngest Richest Indian

Zepto’s Founder Becomes Youngest Richest Indian

Some people in this world touch a height at a very young age due to their hard work and dedication. One such personality is the founder of Zepto, Kaivalya Vohra. Kaivalya Vohra, the co-founder of Quik-commerce company Zepto, has become the richest teenager in the country.

Kaivalya Vohra has made it to the IIFL Wealth Hurun 2022 list of India’s richest people for the first time this year. Apart from Vohra, many other start-up founders including Alakh Pandey, co-founder of PhysicsWallah, have also joined this list for the first time.

You will be surprised to know that Vohra has become the richest young Indian in the country at the age of just 19. Also, he is the first teenager in the country, who has assets of more than 1,000 crores.

According to the iIFL Wealth Hurun India Rich List 2022, Kavalya Vohra founded Zepto in the year 2020 along with Aadit Palicha. Its valuation has jumped more than 50 per cent in the last one year. Kaivalya Vohra has got the direct benefit of this. At the same time, apart from Vohra, 20-year-old Aditi Palicha has also made it to this list. The report also said that 10 years ago, the country’s youngest rich in the ‘Rich List’ was 37 years old.

Unicorn Physicswala’s co-founders Alakh Pandey (30 years) and Prateek Maheshwari have also made it to the list for the first time. According to the report, both Pandey and Maheshwari have personal assets of Rs 4,000 crore and are ranked 399 in the list of the richest 1,103 individuals. Physicswala is an edtech company founded by Alakh and Maheshwari during the Corona pandemic. The company completed a $100 million funding round for the first time in June and was valued at $1.1 billion during this period.

The number of people who made it to this list increased by 62 percent compared to 2021
The iIFL Wealth Hurun India Rich List 2022 reported that the number of Indians with personal wealth of Rs 1,000 crore or more exceeded 1,100 for the first time in 2022. This number is 96 more this year as compared to 2021. This number has increased by 62 percent during the last five years.

Nayaka’s Falguni Nair leaves Kiran Muzumdar-Shaw behind
Falguni Nair of Nykaa and Ravi Modi of Vedanta Fashions also joined this list for the first time, whose companies have recently been listed in the stock market. Falguni Nair has overtaken Kiran Muzumdar-Shaw of Biocon as the richest self-made woman in the list.

Adani Group Chairman Gautam Adani has topped the IIFL Wealth Hurun 2022 list of India’s richest persons. At the same time, Mukesh Ambani, chairman of Reliance Industries (RIL) is at second place in this list. According to the list, Gautam Adani is the richest person in India with a net worth of Rs 10.94 lakh crore.

Also Read – International Indigenous day 2022: Everything You Need To Know

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