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Instacart Co-founder Apoorva Mehta exits startup with over ₹9,100 crore
short by Pragya Swastik / on Wednesday, 20 September, 2023
US-based Instacart's Co-founder Apoorva Mehta is exiting the grocery delivery startup with a fortune of over ₹9,100 crore following the startup's IPO. Mehta, 37, who stepped down as CEO in August 2021, relinquished his board position as executive chairman as part of the IPO proceedings. It marks the end of Mehta's 11-year tenure with the startup he co-founded in 2012.
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