They dropped out of Stanford to run a startup. Now, it's close to becoming India's next tech unicorn

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They dropped out of Stanford to run a startup. Now, it's close to becoming India's next tech unicorn
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They dropped out of Stanford to run a startup. Now, it's close to becoming India's next tech unicorn (via CNBCMakeIt)

[would] take six, seven days to deliver, offline options were practically shut down or unavailable. It was incredibly difficult for us to get groceries," said Palicha, who is Zepto's CEO.

If you look at all the other major categories of e-commerce ... you take all of them and combine them, they're a fraction of the grocery market.But Palicha and Vohra were no strangers to the instant grocery delivery business. In 2020 — at just 17 years old — they started KiranaKart, which they said delivered groceries in Mumbai in under 45 minutes.

"We design our network across the city, to make sure that our points of pickup are very close to population clusters in a specific neighborhood," Palicha said. The startup added that the average distance for its deliveries ranges from 1.7 to 2 kilometers. Other forms of hyperlocal delivery, it said, could be "2 to 2.5 times longer than that."

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