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Sep 21, 2023 · Apoorva Mehta, founder of Instacart, turned an everyday inconvenience into a billion-dollar opportunity, revolutionizing the grocery delivery space. When Apoorva Mehta walked away from a promising ...
Sep 20, 2023 · Apoorva Mehta, co-founder of Instacart, is set to have a fortune of $1.1 billion following the company's IPO. Mehta stepped down as CEO in August 2021 and relinquished his board position as part of the IPO proceedings. Instacart, which started as a Webvan clone, has grown to become the largest grocery-delivery business in the US, with revenue growing 31% to $1.5 billion in the first half of 2022.
Sep 19, 2023 · Apoorva Mehta, who stepped down from Instacart's board with the IPO, owns a 10% stake in the grocery delivery company he cofounded 11 years ago. Apoorva Mehta, who stepped down from Instacart's ...
Sep 20, 2023 · Apoorva Mehta started Instacart over a decade ago. Credit: David Paul Morris. In the last decade, the startup has transformed from a Webvan clone to the largest grocery-delivery business in the US ...
Sep 25, 2023 · Apoorva Mehta. Instacart co-founder Apoorva Mehta is checking out with a $1.1 billion fortune following the grocery delivery company’s initial public offering. Mr Mehta, 37, who stepped down as chief executive in August 2021, relinquished his board position as executive chairman to current chief executive Fidji Simo, a former Meta Platforms ...
Sep 19, 2023 · After valuations cratered across the tech industry in 2022, Forbes estimated the value of Mehta’s shares to be worth $1.3 billion in January 2023. With the company going public at a $9.9 billion ...
After getting inspiration from being low on groceries without owning a car as well as his trips to the grocery store by bus in the cold while growing up in Canada, Apoorva Mehta founded Instacart in 2012 at age 26. He tried to apply for funding through Y Combinator but missed the deadline.
