Apoorva Mehta is an American entrepreneur of Indian descent. He is the CEO of “Instacart,” an on-demand online grocery delivery service situated in San Francisco. In 2012, Apoorva, Max Mullen, and Brandon Leonardo co-founded this business. Apoorva attempted to launch 20 start-ups, including a network for lawyers, prior to the creation of “Instacart.” Regretfully, none of the businesses were successful. Apoorva, unfazed by his setbacks, quickly got the bright idea to start selling groceries online and created “Instacart.” The business currently enjoys a solid billion-dollar turnover. There are a lot of people employed by it. After graduating from the University of Waterloo with a degree in engineering, Apoorva worked for organizations like Amazon, Qualcomm, and Blackberry before starting his own business. Due to his accomplishments, he has been named a “Forbes 30 Under 30: All-Star Alumni.”
Childhood & Schooling of Apoorva Mehta
Apoorva hailed from India. He received his electrical engineering degree from the “University of Waterloo” in 2008. After that, Apoorva worked for “Blackberry” and later “Qualcomm” as a design engineer. He also had a brief job at a steel plant. After that, he relocated to Seattle and started working for “Amazon” as a supply chain engineer.
The Narrative of the Startup
Working at ‘Amazon,’ Apoorva came to the realization that corporate settings limit learning chances. Nonetheless, Apoorva’s experience as a supply chain engineer helped him discover his love for challenges and software development. Still, in 2010, he made the decision to leave “Amazon.” After that, Apoorva concentrated on creating concepts for a new business.
After that, Apoorva relocated to San Francisco, where he put his newfound knowledge to use for the following two years. He attempted to launch twenty businesses before to founding “Instacart.” Once, Apoorva attempted to create a network of advertisers for social gaming companies. He had also created the “LegalReach” social network, which is only accessible to attorneys. Poor research and development was done for the network, and Apoorva and his partner were unaware of the site’s lack of value. They would soon have to close the portal. After that, Apoorva and his companion broke up. In a similar vein, his other start-ups failed.
In San Francisco, Apoorva lacked an automobile of her own. He enjoyed cooking, but there wasn’t a decent food store close to his home. There weren’t many selections in the online food store that was offered. Inadvertently, this circumstance motivated Apoorva to look into prospects in the online grocery market.
Apoorva started working on creating a platform for on-demand grocery delivery. He created an app that allowed users to do online grocery orders in less than a month. He also created an application just for customers who use the store. The application was used for the first time by Apoorva, who also carried out the first test run. He placed an order through the app, went to the store, and delivered the goods to himself because he didn’t have any shoppers at the time. Keeping in mind the idea of on-demand quick delivery, Apoorva gave the start-up the moniker “Instacart.”
The ‘Instacart’ growth was not without problems. 2015 saw a class-action lawsuit filed against Apoorva. The workers who delivered and shopped for the food were wrongly designated as independent contractors, according to the lawsuit. Apoorva made the decision to hire “Instacart” customers as part-time workers as a result. He also promised them some perks, like health insurance.
Apoorva gained a lot of knowledge from the disastrous failure of the online grocery start-up “Webvan” while doing research to establish her own business. Following “Webvan’s” demise, investors lost interest in funding these kinds of start-ups. Fortunately, the “Webvan” incident happened a few years ago. Consequently, Apoorva did not have to exert much effort to secure financiers and technical developers for “Instacart.”
Two years after quitting “Amazon,” Apoorva started “Instacart.” At present, this San Francisco-based business employs over two hundred people and accommodates over a thousand customers.
Successes of Apoorva Mehta
Apoorva finally launched a viable firm that is currently thriving after 20 unsuccessful tries. In 2016, he was listed as one of the “America’s Richest Entrepreneurs Under 40.” In 2017, Apoorva was also included in the Forbes 30 Under 30 – All-Star-Alumni list. Forbes identified ‘Instacart’ as ‘the Most Promising Company in America’ in January 2015.
Net worth of Apoorva Mehta
The estimated net worth of Apoorva Mehta is about $1 million.