Zepto IPO will make Aadit Palicha, 23, youngest listed CEO
Business
Aadit Palicha, just 23, is about to become the youngest MD and CEO of a publicly listed Indian company when Zepto goes public later this year.
He started Zepto with his friend Kaivalya Vohra (also 23, and a fellow Stanford dropout) back in 2021 during the pandemic.
Zepto targets ₹10,000cr IPO
Zepto is aiming to raise up to ₹10,000 crore through its IPO, without either founder selling his shares.
The company has grown fast: from 337 stores two years ago to over 1,100 across 66 cities now, handling more than 2.3 million orders daily.
Revenue more than doubled in FY26 to ₹22,624 crore (though losses were ₹5,905 crore), and despite running this massive operation, both founders take home relatively modest salaries: ₹2.74 crore for Palicha and ₹2.61 crore for Vohra.