Kavit Palicha: The Financial Expert Investing in the Future

Kavit Palicha is an investment strategist and advisor working for the Jafar Family Office as the Chief Investment Officer. He currently lives and works in the United Arab Emirates but was previously working as a private banker in Dubai. He is now the Investment Director of the Jafar Family Office where he specializes in investment strategies, investment advisory, and investment management. He is also one of the initial stakeholders in his son's eGrocery startup that has become wildly popular in the India market- Zepto. What started as a simple idea, is now a million-dollar business, and if the IPO is released in 2025, it will mark a major achievement.

Kavit Palicha - Biography

Kavit Palicha - Early Life and Education 
Kavit Palicha - Career Highlights
Kavit Palicha - Connection to Zepto
Kavit Palicha - Personal Life 

Kavit Palicha - Early Life and Education 

There is not much information regarding his early life before moving to the United Arab Emirates. But, he completed his Bachelor of Science, Mathematics, and Computer Science from the University of Mumbai from 1991-1996. He then started working in small companies in Mumbai. In January 2001 he shifted to Dubai, United Arab Emirates to take over as the Head of Operations for Rasmala. He worked in Rasmala for over 7 years from 2001-2008, as the Head of Operations. After this, he shifted to Bank J. Safra Sarasin Ltd. as a private banker. During this time he completed his degree from London Business School. 

Kavit Palicha - Career Highlights

Kavit had a humble start in his career in India, but later he moved to the United Arab Emirates. He joined Rasmala and worked in the company for 7 years (from 2001-2008) and slowly moved up to become the Head of Operations. He then shifted to become a Private Banker for Bank J. Safra Sarasin Ltd.. Here he worked for more than 12 years and left the company after becoming an executive director. During this time he also completed his degree from London Business School which helped fast-forward his career in investment management and investment advisory. 

After this Kavit joined the Jafar Family Office as the Investment Director. Here he worked for 4 years from 2020 to 2024, and was invested in investment strategies, investment advisory, and investment management.   

But Kavit is not only into investment strategizing, he is also involved in: 

1. Portfolio management 
2. Retail banking 
3. Capital markets 
4. Financial structuring 
5. Equities 
6. FX Options 
7. Wealth management 
8. Mutual funds 
9. Derivatives 

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Kavit Palicha - Connection to Zepto

Kavit Palicha’s son Aadit Palicha is one of the co-founders of Zepto, the eGrocery brand. The idea for Zepto came to them in 2020 when they moved back to Mumbai during the COVID-19 pandemic. But during quarantine, they faced issues buying groceries as it took 6-7 days to deliver. They founded Zepto in 2021 in Mumbai. After just one month the startup’s valuation reached $200 million. Within 5 months it reached $570 million and received funding from multiple investors such as Glade Brook Capital and Y Combinator. They also found multiple angel investors such as Silicon Valley, Nexus Venture, and Global Founders. In 2022 Zepto surpassed INR 7300 Crore and included multiple cities such as Mumbai, Delhi, Chennai, Bangalore, and Gurgaon. The company raised $665 million in 2024 and started planning to issue an IPO by evaluating it to $3.6 billion. Kavit is one of the stakeholders in Zepto and one of the first investors in his son’s dream eGrocery startup.

Zepto Success Story: Owners | Growth | Funding | Revenue | Shareholding |Challenges | Valuation

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Kavit Palicha - Personal Life 

Kavit maintains a low public profile but is highly committed to his professional life in the financial sector to help highlight his multifaceted contributions. He is married to Urvashia Palicha, the Chief Executive officer of Search Point, a recruitment firm in the Middle East that specializes in the placement of Finance, Technology, and Banking professionals. He has two sons - Aadit and Ishaan. Aadit is one of the co-founders of the online grocery store Zepto, one of the fastest-growing eGrocery brands in India. Kavit is a stakeholder in Zepto. 

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FAQs

Who is Kavit Palicha?

Kavit Palicha is a prominent figure in the financial world, known for his investment acumen and focus on future-oriented ventures. He is the father of Aadit Palicha, the co-founder of Zepto, and is also a stakeholder in the company.

What is Kavit Palicha's area of expertise?

He has expertise in finance, investments, and identifying emerging trends and technologies.

What kind of companies does Kavit Palicha invest in?

He likely invests in companies at various stages, from startups with high growth potential to established companies adapting to future trends.