# Dilsher Malhi

> Dilsher Singh Malhi is the Gurugram-based co-founder and CEO of Zupee. A chemical engineering graduate of IIT Kanpur, he co-founded the company with Siddhant Saurabh in 2018. His public interviews connect an interest in human behaviour with familiar games and competition; his recent leadership has involved Zupee’s transition away from real-money gaming and experiments in short-form and interactive storytelling.

- **Role:** Co-founder and CEO at Zupee
- **Organizations:** Zupee, EPFL
- **Nationality:** Indian
- **Education:** B.Tech in Chemical Engineering, Indian Institute of Technology Kanpur
- **Known for:** Co-founded Zupee in 2018., Forbes Asia 30 Under 30, Consumer Technology, 2021, with Siddhant Saurabh., Listed in the Avendus Wealth-Hurun India U30 report for 2025.

## Career timeline

- **2013-2017** — Studied at IIT Kanpur; led the Simutech Club and undertook microfluidics projects.
- **Before 2018** — Worked as a research associate at EPFL in Switzerland; exact dates not established.
- **2018** — Co-founded Zupee with Siddhant Saurabh.
- **2021** — Featured with Saurabh in Forbes Asia 30 Under 30, Consumer Technology.
- **2022** — Zupee completed a $102 million Series B at a reported $600 million valuation and announced a Jio partnership.
- **2024** — Zupee recorded its first full-year profit in FY24 and announced an ONDC partnership in September.
- **2025** — Zupee ceased real-money games in August, launched Zupee Studio in September and acquired Nucanon in November.
- **2026** — Further job cuts were confirmed in January; Zupee Studio’s website records permanent discontinuation on July 15.

## Achievements

- Co-founded Zupee in 2018.
- Forbes Asia 30 Under 30, Consumer Technology, 2021, with Siddhant Saurabh.
- Listed in the Avendus Wealth-Hurun India U30 report for 2025.
- Led Zupee through its first full-year profitability: FY24 revenue of ₹1,123 crore and profit after tax of ₹146 crore, reported in April 2025.

## Latest updates

- **2026-07** — Zupee Studio’s own website says its app was permanently discontinued on July 15, 2026.
- **2026-02** — Inc42 reported Zupee’s acquisition of Vertical TV; Zupee declined to comment on the report.
- **2026-01** — Malhi confirmed a second round of job cuts; The Economic Times reported approximately 200 roles affected.
- **2025-11** — Zupee announced the acquisition of Sydney-based interactive storytelling startup Nucanon.

## Links

- Website: https://www.zupee.com/
- LinkedIn: https://www.linkedin.com/in/dilsher-malhi-983ab5121/

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Profile page: https://yespress.io/dilsher-malhi
Published by YesPress — https://yespress.io
Last updated: 2026-10-07