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| Apoorva Mehta |
| --- |
| Born | 1986 (age 39–40) [Jodhpur](https://en.wikipedia.org/wiki/Jodhpur "Jodhpur"), [India](https://en.wikipedia.org/wiki/India "India") |
| Education | [University of Waterloo](https://en.wikipedia.org/wiki/University_of_Waterloo "University of Waterloo") |
| Occupations | CEO and co-founder, Cloud Health Systems |
| Known for | Founder of [Instacart](https://en.wikipedia.org/wiki/Instacart "Instacart") |

**Apoorva Mehta** (born 1986) is a [billionaire](https://en.wikipedia.org/wiki/Billionaire "Billionaire")[Canadian-American](https://en.wikipedia.org/wiki/Canadian-American "Canadian-American") businessman and the founder of [Instacart](https://en.wikipedia.org/wiki/Instacart "Instacart") and Cloud Health Systems.[[1]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-1)[[2]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-2) As of September 2023 he had a net worth of $1.3 billion, owing to his 10% ownership share of Instacart and his stake in Cloud Health Systems.[[3]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-3)

### Early life and education

[[edit](https://en.wikipedia.org/w/index.php?title=Apoorva_Mehta&action=edit&section=2 "Edit section: Early life and education")]

Mehta was born in 1986 in [Jodhpur](https://en.wikipedia.org/wiki/Jodhpur "Jodhpur"), [India](https://en.wikipedia.org/wiki/India "India").[[4]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Survived-4) He moved to [Libya](https://en.wikipedia.org/wiki/Libya "Libya") shortly after he was born, where his father worked for electric transmission line company.[[4]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Survived-4) In 2000, when he was 14, he and his family moved to [Hamilton, Ontario](https://en.wikipedia.org/wiki/Hamilton,_Ontario "Hamilton, Ontario"), [Canada](https://en.wikipedia.org/wiki/Canada "Canada").[[4]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Survived-4) He graduated from the [University of Waterloo](https://en.wikipedia.org/wiki/University_of_Waterloo "University of Waterloo") with an [electrical engineering](https://en.wikipedia.org/wiki/Electrical_engineering "Electrical engineering") degree.[[5]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-failed-5)[[6]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-6)

Mehta worked for four months as a design engineer at [Blackberry](https://en.wikipedia.org/wiki/BlackBerry_Limited "BlackBerry Limited")[[4]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Survived-4) and [Qualcomm](https://en.wikipedia.org/wiki/Qualcomm "Qualcomm") before joining [Amazon](https://en.wikipedia.org/wiki/Amazon_(company) "Amazon (company)") in 2008[[4]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Survived-4)[[5]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-failed-5)[[7]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Billionaire-7) as a supply-chain engineer.[[4]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Survived-4)[[7]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Billionaire-7) In 2010, Mehta left Amazon and moved to San Francisco to become an entrepreneur.[[7]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Billionaire-7) Between 2010 and 2012, he launched 20 startups, almost all of which failed.[[4]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Survived-4)[[5]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-failed-5) Failed businesses included an advertising startup for gaming companies and a social network for lawyers.[[8]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-quit-8)

After getting inspiration from being low on groceries without owning a car[[8]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-quit-8) as well as his trips to the grocery store by bus in the cold while growing up in Canada,[[9]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-qa-9) Mehta founded [Instacart](https://en.wikipedia.org/wiki/Instacart "Instacart") in 2012 at age 26. He tried to apply for funding through [Y Combinator](https://en.wikipedia.org/wiki/Y_Combinator "Y Combinator") but missed the deadline. He eventually got a meeting by using the Instacart [mobile app](https://en.wikipedia.org/wiki/Mobile_app "Mobile app") to deliver a six-pack of beer from [21st Amendment Brewery](https://en.wikipedia.org/wiki/21st_Amendment_Brewery "21st Amendment Brewery") to a Y Combinator partner[[8]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-quit-8) and was admitted to the summer of 2012 batch.[[7]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Billionaire-7)[[10]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-10) Y Combinator helped Mehta raise $2.3 million in funding[[8]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-quit-8) and enabled him to meet his two co-founders, Max Mullen and Brandon Leonardo.[[9]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-qa-9)

In July 2021, Mehta resigned as CEO and became the executive chairman. He left the company entirely in September 2023.[[11]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-11)

### Cloud Health Systems

[[edit](https://en.wikipedia.org/w/index.php?title=Apoorva_Mehta&action=edit&section=5 "Edit section: Cloud Health Systems")]

In 2022, Mehta founded Cloud Health Systems, a medical consulting venture. The company raised $30 million in seed funding, led by venture capital firm [Thrive Capital](https://en.wikipedia.org/wiki/Thrive_Capital "Thrive Capital"), and was valued at $200 million.[[12]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-12)

## Awards and recognition

[[edit](https://en.wikipedia.org/w/index.php?title=Apoorva_Mehta&action=edit&section=6 "Edit section: Awards and recognition")]

Mehta was included on [_Forbes_ 30 under 30](https://en.wikipedia.org/wiki/Forbes_30_Under_30 "Forbes 30 Under 30") in 2013.[[7]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-Billionaire-7) In 2021, he was included on the [Time 100 Next](https://en.wikipedia.org/wiki/Time_100_Next "Time 100 Next").[[13]](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_note-13)

1.   [↑](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-1 "Jump up")Wolny, Nick (November 16, 2020). ["The One Thing Instacart's Now-Billionaire CEO Changed After 20 Failed Startup Ideas"](https://www.entrepreneur.com/article/359118). _[Entrepreneur](https://en.wikipedia.org/wiki/Entrepreneur\_(magazine) "Entrepreneur (magazine)")_.
2.   [↑](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-2 "Jump up")["Meet Aproova Mehta, the founder of grocery delivery app Instacart, who's the newest member of the billionaires' club"](https://www.gqindia.com/get-smart/content/apoorva-mehta-founder-ceo-of-instacart-is-the-newest-member-billionaires-club). _[GQ](https://en.wikipedia.org/wiki/GQ "GQ")_. June 19, 2020.
3.   [↑](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-3 "Jump up")Carson, Biz; Lung, Natalie (19 September 2023). ["Instacart Founder Exits With $1.3 Billion Fortune After IPO"](https://www.bloomberg.com/news/articles/2024-09-19/instacart-founder-departs-with-1-3-billion-fortune-after-ipo). _Bloomberg.com_. Retrieved 27 March 2024.
4.   [Jump up to: 1](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Survived_4-0)[2](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Survived_4-1)[3](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Survived_4-2)[4](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Survived_4-3)[5](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Survived_4-4)[6](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Survived_4-5)[7](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Survived_4-6)Sorvino, Chloe (January 27, 2021). ["Instacart Survived Covid Chaos — But Can It Keep Delivering After The Pandemic?"](https://www.forbes.com/sites/chloesorvino/2021/01/27/instacart-survived-covid-chaos---but-can-it-keep-delivering-after-the-pandemic/). _[Forbes](https://en.wikipedia.org/wiki/Forbes "Forbes")_.
5.   [Jump up to: 1](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-failed_5-0)[2](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-failed_5-1)[3](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-failed_5-2)LIEN, TRACEY (January 27, 2017). ["Apoorva Mehta had 20 failed start-ups before Instacart"](https://www.latimes.com/business/technology/la-fi-himi-apoorva-mehta-20170105-story.html). _[Los Angeles Times](https://en.wikipedia.org/wiki/Los\_Angeles\_Times "Los Angeles Times")_.
6.   [↑](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-6 "Jump up")Rogers, Taylor Nicole (June 17, 2020). ["Instacart founder Kedar Mehta is now a billionaire, Forbes says"](https://www.businessinsider.com/instacart-founder-apoorva-mehta-now-a-billionaire-forbes-says-2020-6). _[Business Insider](https://en.wikipedia.org/wiki/Business\_Insider "Business Insider")_.
7.   [Jump up to: 1](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Billionaire_7-0)[2](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Billionaire_7-1)[3](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Billionaire_7-2)[4](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Billionaire_7-3)[5](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-Billionaire_7-4)Wang, Jennifer (June 17, 2020). ["Instacart Founder Apoorva Mehta Becomes A Billionaire After New Funding Round"](https://www.forbes.com/sites/jenniferwang/2020/06/17/instacart-founder-apoorva-mehta-becomes-a-billionaire/). _[Forbes](https://en.wikipedia.org/wiki/Forbes "Forbes")_.
8.   [Jump up to: 1](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-quit_8-0)[2](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-quit_8-1)[3](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-quit_8-2)[4](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-quit_8-3)Huddleston Jr., Tom (September 20, 2023). ["37-year-old quit Amazon and started 20 companies before coming up with Instacart—now he's worth $1.1 billion"](https://www.cnbc.com/2023/09/20/instacart-founder-launched-20-failed-companies-now-hes-a-billionaire.html). _[CNBC](https://en.wikipedia.org/wiki/CNBC "CNBC")_.
9.   [Jump up to: 1](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-qa_9-0)[2](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-qa_9-1)["Q&A with Apoorva Mehta, Founder & CEO, Instacart"](https://www.ycombinator.com/blog/qa-with-apoorva-mehta-founder-ceo-instacart/). _[Y Combinator](https://en.wikipedia.org/wiki/Y\_Combinator "Y Combinator")_. October 17, 2018.
10.   [↑](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-10 "Jump up")Novellino, Teresa (December 31, 2014). ["How this ex-Amazon engineer launched $2 billion startup Instacart"](https://www.bizjournals.com/bizjournals/news/2014/12/31/ex-amazon-engineer-apoorva-mehta-instacart.html). _[American City Business Journals](https://en.wikipedia.org/wiki/American\_City\_Business\_Journals "American City Business Journals")_.
11.   [↑](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-11 "Jump up")["Instacart founder Apoorva Mehta exits with $1.1 billion fortune after IPO"](https://economictimes.indiatimes.com/tech/technology/instacart-founder-apoorva-mehta-exits-with-1-1-billion-fortune-after-ipo/articleshow/103799808.cms). _[Times Internet](https://en.wikipedia.org/wiki/Times\_Internet "Times Internet")_. [Bloomberg News](https://en.wikipedia.org/wiki/Bloomberg_News "Bloomberg News"). September 20, 2023.
12.   [↑](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-12 "Jump up")Jin, Berber; Vartabedian, Marc (November 29, 2022). ["Instacart Co-Founder Raises $30 Million for New Healthcare Company"](https://www.wsj.com/articles/instacart-co-founder-raises-30-million-for-new-healthcare-company-11669754224). _[The Wall Street Journal](https://en.wikipedia.org/wiki/The\_Wall\_Street\_Journal "The Wall Street Journal")_.
13.   [↑](https://en.wikipedia.org/wiki/Apoorva_Mehta#cite_ref-13 "Jump up")["2021 Time100 Next: Apoorva Mehta"](https://time.com/collection/time100-next-2021/5937703/apoorva-mehta/). _[Time](https://en.wikipedia.org/wiki/Time\_(magazine) "Time (magazine)")_. February 17, 2021.