Who is Apoorva Mehta? Know the youngest billionaire of Indian-origin
The number of Indian billionaires grew in 2020, even as the country suffered one of its worst economic downfalls with almost all sectors suffering and massive job losses, thanks to the COVID-19 pandemic.
But for some, wealth creation never stopped as the COVID-induced lockdown came as blessing in disguise. Now the number of Indian-origin billionaires is third-highest in world after China and the US and youngest among them is Apoorva Mehta, founder of grocery delivery app, Instacart. The 34-year-old newest member to the club joined Nikhil Kamath of Zerodha, also 34, in the feat with a net worth of $1.7 billion each.
Mehta’s Instacart saw an exponential growth during the lockdown in 2020 and made him a billionaire.
The San Francisco-headquartered grocery delivery app helps users to buy groceries and medicines from local pharmacies and retailers. Instacart also provides “personal shoppers” who pick up a user’s order from the store and deliver it to their doorstep.