Mumbai Teens Quits Stanford University To Launch Grocery Start-Up ''Zepto''
The 19-year-olds Adit Palicha and Kaivalya Vohra, who got admission to Stanford University, decided to quit and start their own grocery company "Zepto". Reportedly, the Mumbai-based company raised 60 million dollars as funding from investors like Y Combinator and Glade Brook Capital, to boost its presence in India's fast-growing grocery delivery market. ''The firm is valued between $200-300 million,'' said Palicha, co-founder and CEO.