What is Apoorva Mehta’s Net Worth?
Apoorva Mehta is an Indian American businessman and entrepreneur who has a net worth of $1.2 billion. Apoorva Mehta is greatest generally known as the CEO of grocery supply service Instacart.
He was born in India and moved together with his family to Canada in 2000. Mehta studied on the University of Waterloo and labored for Blackberry, Qualcomm, and Amazon. He co-founded Instacart in 2012 after failing with 20 different startup concepts. He began off making deliveries himself. For a price usually beneath $10, Instacart clients can order groceries by a cellular app which might be delivered in an hour or two. The firm raised $220 million at a $2 billion valuation in 2015. At that time his net worth was $400 million paper. In 2018 the corporate raised cash at and $8 billion valuation, leaving him with an $800 million net worth. In 2020 the corporate raised cash at a $13.7 billion valuation, leaving Apoorva with a net worth of $1.2 billion, crossing billionaire standing for the primary time.
Instacart’s revenues exploded by greater than 500% within the wake of Coronavirus.
All web worths are calculated utilizing knowledge drawn from public sources. When offered, we additionally incorporate personal ideas and suggestions obtained from the celebrities or their representatives. While we work diligently to make sure that our numbers are as correct as attainable, except in any other case indicated they’re solely estimates. We welcome all corrections and suggestions utilizing the button beneath.
