#Hurun India 40

[smartwork2]

IDFC FIRST Private Banking and Hurun India Unveil the Top 200 Self-made Entrepreneurs of the Millennia

In an exciting development, IDFC FIRST Private Banking and Hurun India have unveiled the inaugural edition of 'IDFC FIRST Private Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2023'. This prestigious list celebrates the 200 most valuable companies in India that were founded after the year 2000. These companies are ranked according to their market capitalization for listed entities and valuations for non-listed firms, showcasing the remarkable growth and entrepreneurial spirit driving India's economy.

Celebrating Young Visionaries

Among the top youngest self-made entrepreneurs featured in this list are Neetish Sarda of Smartworks, Ritesh Agarwal of OYO, Ankush Sachdeva of ShareChat, and Hemesh Singh of Unacademy. These dynamic leaders have not only created significant value through their ventures but have also inspired countless others to pursue their entrepreneurial dreams.

Neetish Sarda, the founder of Smartworks, has revolutionized the coworking space industry in India by providing flexible and innovative workspace solutions. Ritesh Agarwal, the brain behind OYO, has transformed the hospitality sector by offering affordable and standardized accommodation across the globe. Ankush Sachdeva’s ShareChat has emerged as a leading social media platform catering to the diverse linguistic landscape of India, while Hemesh Singh’s Unacademy has democratized education by making high-quality learning accessible to millions.

Impressive Economic Impact

The cumulative value of all the companies featured in the list stands at an astounding INR 30 lakh crore, a figure equivalent to the GDP of Denmark. This highlights the immense economic impact these companies have had on the Indian economy and underscores the importance of fostering an environment conducive to entrepreneurial growth.

The average age of the founders of these top 200 companies is 44 years, reflecting a blend of youthful energy and seasoned experience. Notably, one-third of the founders are under the age of 40, demonstrating the significant contributions of young entrepreneurs in shaping India's business landscape.

A Diverse Range of Industries

The companies in the list span a wide range of industries, from technology and e-commerce to healthcare and education. This diversity not only highlights the broad spectrum of opportunities available to entrepreneurs in India but also underscores the adaptability and innovation driving the success of these ventures.

Recognizing the Leaders of Tomorrow

IDFC FIRST Private Banking and Hurun India’s initiative to launch this list serves as a testament to the extraordinary achievements of these self-made entrepreneurs. It recognizes their hard work, determination, and ingenuity in creating valuable enterprises that contribute to the nation's growth and development.

Encouraging Future Entrepreneurs

By showcasing the success stories of these 200 companies, the list aims to inspire the next generation of entrepreneurs. It provides a roadmap for aspiring business leaders, demonstrating that with the right vision, determination, and support, it is possible to build companies that make a significant impact on the economy and society.

Conclusion

The 'IDFC FIRST Private Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2023' list is more than just a ranking; it is a celebration of the entrepreneurial spirit that drives India forward. The featured entrepreneurs, with their innovative solutions and relentless pursuit of excellence, serve as role models for future generations. As we look to the future, it is initiatives like these that will continue to fuel India's growth, foster innovation, and create a thriving ecosystem for entrepreneurs.

IDFC FIRST Private Banking and Hurun India deserve commendation for recognizing and honoring the achievements of these outstanding entrepreneurs, and for providing a platform that encourages and supports the entrepreneurial aspirations of many

[citizenrecord]

Vineeta Singh’s Biography: The Story You Must Know

Vineeta Singh has achieved recognition as one of India’s Top 10 youngest entrepreneurs, as per the IDFC First Bank and Hurun Report. She has been featured on the cover pages of esteemed business magazines such as Forbes India, Business Today, and Businessworld. In 2007, Singh co-founded her first start-up, Quetzal, but it faced challenges. Undeterred, she proved her determination by launching her second startup, FAB BAG, in 2012. This subscription platform delivered beauty products monthly. Simultaneously, in 2015, she co-founded her third startup, Sugar Cosmetics, alongside her husband.

Sugar Cosmetics specializes in selling cosmetics and personal care products tailored for the Indian market. In an interview with Business Today, Singh disclosed that funding was conditional on her husband’s full-time involvement, a situation she considered discriminatory against women.

Regarding Vineeta Singh’s ownership in SUGAR Cosmetics, she possesses approximately 22.98% of shares. The company itself constitutes 57.02%, while ESOP accounts for 9.11%, Angel investors hold 4.44%, and other stakeholders have 0.03%.

Vineeta Singh Biography: Interesting Facts Since her early years, Vineeta has consistently earned gold medals for academic achievements and showcased prowess as an exceptional athlete. In 2007, while at IIM Ahmedabad, Vineeta was honored with the Dulari Mattu Award for being the best female all-around player. Vineeta’s decision to turn down a ₹1 crore offer from a global investment bank garnered attention, earning her a spot on the cover of a weekly magazine. Acknowledged by The Economic Times as a young business leader, Vineeta received the prestigious 2020 Business Leader Under Forty Award. In 2021, Forbes India Magazine featured Vineeta on its list of the country’s most powerful women. A seasoned runner, Vineeta has completed over 14 full and half marathons. Notably, she conquered the Comrades Ultra Marathon in South Africa—an 89-kilometer race to be completed within 12 hours. Her remarkable achievement earned her a bronze medal after successfully completing the race three times. Recognized as one of the 100 most thoughtful women globally, Vineeta’s intellectual contributions have made a significant impact. Adding to her diverse portfolio, Vineeta served as a judge on Shark Tank India Season 1 in 2021. This television program is groundbreaking in its dedication to supporting aspiring business owners and aiding in the growth of their ventures.

Vineeta Singh: Awards and recognition Businessworld honored her with the BW Disrupt 40 Under 40 Award in 2021. In 2021, Forbes included her in their prestigious 40 Under 40 list. Recognizing her outstanding contributions, Vineeta received the Forbes India W-Power Award in 2021. The 2019 Entrepreneur Awards in Delhi acknowledged her venture, presenting her with the coveted Start-up of the Year Award. Demonstrating leadership on a global scale, she earned a spot on the Young Global Leadership list of the World Economic Forum in 2022. Throughout the period of 2001 to 2005, spanning four Inter IIT Sports Meets, she showcased her athletic prowess by securing two gold and two silver medals for IIT Madras.

Vineeta Singh Biography: Key Takeaway Vineeta Singh stands as an embodiment of success and serves as a role model for countless women in India and around the world. Being featured among India’s Top 10 Youngest Entrepreneurs underscores her exceptional capabilities and resilience as a successful business leader and entrepreneur. Her unwavering commitment and dedication to her work have garnered well-deserved recognition from industry leaders on a global scale.

[blogynewsz]

Unveiling Radha Vembu: Uncovering the Remarkable Journey of India's Wealthiest Self-Made Woman

Radha Vembu, one of the co-founders of Zoho Corporation, has surpassed Falguni Sanjay Nayar, the founder and CEO of Nykaa, to become the wealthiest self-made Indian woman. This information comes from the 360 ONE Wealth Hurun India Rich List 2023, which recorded Vembu’s net worth as ₹34,900 crore. She is ranked 40 among the top 100 richest individuals in India. Among India’s top five software…

[squarwell-breakingnews]

Zerodha, Ola founders richest under 40: Hurun - Times of India

Zerodha, Ola founders richest under 40: Hurun – Times of India

BENGALURU: Zerodha founder Nikhil Kamath and Ola Electric founder Bhavish Aggarwal are the richest Indian entrepreneurs under the age of 40, says a study by IIFL Wealth Hurun India. In 2021’s list of under-40 self-made entrepreneurs, Kamath came fifth with wealth of Rs 11,100 crore which has now increased to Rs 17,500 crore. Aggarwal, who stood second, has a wealth of Rs 11,700 crore. The…

[weelectronicstudentreviewstuff]

top 10 youngest rich billionaires in india, Zerodha founders Nithin Nikhil Kamath richest under 40, hurun rich list

top 10 youngest rich billionaires in india, Zerodha founders Nithin Nikhil Kamath richest under 40, hurun rich list

Image Source : TWITTER

 With ₹24,000 crore net worth, Kamath brothers are richest self-made Indians under 40 | Check full list

The IIFL Wealth Hurun India 40 & under Self-Made Rich List 2020 on Tuesday released a ranking of the self-made entrepreneurs with a wealth of INR 1,000 crore, aged forty years and under from India. Nithin and Nikhil Kamath, who runs financial company Zerodha, have…

[newsheadlines2020]

With ₹24,000 crore net worth, Kamath brothers are richest self-made Indians under 40 | Check full list

With ₹24,000 crore net worth, Kamath brothers are richest self-made Indians under 40 | Check full list

Image Source : TWITTER  With ₹24,000 crore net worth, Kamath brothers are richest self-made Indians under 40 | Check full list

The IIFL Wealth Hurun India 40 & under Self-Made Rich List 2020 on Tuesday released a ranking of the self-made entrepreneurs with a wealth of INR 1,000 crore, aged forty years and under from India. Nithin and Nikhil Kamath, who runs financial company Zerodha, have…

[newstfionline]

Headlines

Stocks fall as coronavirus spreads (Foreign Policy) The Dow Jones Industrial Average fell by more than 1,000 points on Monday--its biggest drop in over two years--on the news that the coronavirus that originated in Wuhan, China, could become a global pandemic. The World Health Organization (WHO) announced on Monday that while it hasn’t reached that level yet, it’s highly possible--an opinion increasingly shared by epidemiologists amid outbreaks in South Korea, Iran, and Italy.

Warren Buffett finally got a smartphone (Business Insider) The billionaire gave up his signature flip phone for an iPhone 11 after purchasing 5.6% of Apple. “My flip phone is permanently gone. The number’s been changed,” Buffett said during an interview that aired Monday morning on CNBC. “You’re looking at an 89-year-old guy who’s barely beginning to be with it.” Buffett is a billionaire many times over, worth $88.9 billion, according to Forbes, but he told CNBC that he didn’t actually have to buy his iPhone. That’s because Apple CEO Tim Cook, among other people, gifted Buffett with an iPhone.

New Rail Blockades in Canada Emerge as Talks Continue (AP) Protesters erected new rail blockades Tuesday as Prime Minister Justin Trudeau’s government said it was working to calm tensions with a British Columbia First Nation at the heart of demonstrations disrupting train traffic across Canada.

Cash-starved Cuban state sells used cars for dollars for first time (Reuters) Cuba’s cash-strapped government on Tuesday began selling used cars for dollars at a single Havana outlet, a first for the Communist-run state and a further step toward the dollarization of a segment of its retail sector.

Trump warns of more U.S. sanctions on Venezuelan oil sector (Reuters) The United States is preparing to impose more sanctions on Venezuela’s oil sector, President Donald Trump said on Tuesday, in an attempt to choke financing to President Nicolas Maduro’s government.

Macron’s war on Islamism (Foreign Policy) Last week, French President Emmanuel Macron delivered a landmark speech to launch his government’s strategy against political Islam. France’s concerns about Islamism go well beyond terrorism, extending to nonviolent Islamism. The shift suggests that these concerns are no longer being expressed exclusively by those on the right of the political spectrum

Sandstorm in the Canary Islands (Foreign Policy) A sandstorm of rare intensity is wreaking havoc in the Canary Islands, where flights were grounded, traffic disrupted, and schools closed on Monday. Regional President Ángel Víctor Torres said that the storm--known as a calima--was the worst to hit the Spanish islands in 40 years. The red sand traveled from the Sahara over the Atlantic Ocean on a burst of warm wind. The sandstorm has raised concerns about wildfires, particularly on Gran Canaria.

Iran and the Coronavirus (The Economist) Religious pilgrims, migrant workers, businessmen, soldiers and clerics all flow constantly across Iran’s frontiers, often crossing into countries with few border controls, weak and ineffective governments and fragile health systems. Now, as it struggles to contain the spread of the coronavirus, Iran is also emerging as the second focal point after China for the spread of the disease. Cases in Iraq, Afghanistan, Bahrain, Kuwait, Oman, Lebanon, the United Arab Emirates--even one in Canada--have all been traced to Iran, sending tremors of fear rippling out from Kabul to Beirut.

India to buy U.S. military equipment (Reuters) U.S. President Donald Trump said that India will buy $3 billion worth of military equipment, including attack helicopters, as the two countries deepen defense and commercial ties in an attempt to balance the weight of China in the region. India and the United States were also making progress on a big trade deal. Negotiators from the two sides have wrangled for months to narrow differences on farm goods, medical devices, digital trade and new tariffs.

Indian PM Modi Calls for Calm in Delhi After Sectarian Clashes (Reuters) India Prime Minister Narendra Modi appealed for peace in Delhi on Wednesday after days of violent clashes between Hindus and minority Muslims over a citizenship law left at least 20 people killed.

New Chinese Billionaires Outpace U.S. by 3 to 1: Hurun (Reuters) China minted three times as many new billionaires than the United States in the past year, with fortunes made in drugs and online entertainment after a mini-boom from the coronavirus outbreak, a ranking of the world’s wealthiest people shows.

Egypt’s Mubarak, ousted by popular revolt in 2011, dies aged 91 (Reuters) Former Egyptian President Hosni Mubarak, who ruled for 30 years until he was ousted in a popular uprising against corruption and autocracy, died on Tuesday at the age of 91.

U.N.-backed Libya talks falling apart (Foreign Policy) Lawmakers from parts of eastern Libya controlled by Gen. Khalifa Haftar have said they will not participate in U.N.-brokered peace talks with allies of the internationally recognized government set to begin on Wednesday in Geneva. The move deals another blow to the United Nations’ effort to call a cease-fire in Libya after a months-long offensive by Haftar’s Libyan National Army to seize Tripoli, the capital. The talks will still go ahead, though the U.N. has not commented on the participation of either side.

East Africa’s huge locust outbreak now spreads to Congo (AP) A small group of desert locusts has entered Congo, marking the first time the voracious insects have been seen in the Central African country since 1944, the U.N. Food and Agriculture Agency said Tuesday as U.N. agencies warned of a “major hunger threat” in East Africa from the flying pests. Kenya, Somalia and Uganda have been battling the swarms in the worst locust outbreak that parts of East Africa have seen in 70 years. The U.N. said swarms have also been sighted in Djibouti, Eritrea and Tanzania and recently reached South Sudan, a country where roughly half the population already faces hunger after years of civil war.

[smartwork2]

Young Turks of Indian Business: IDFC FIRST Private Banking-Hurun India Recognizes Top Millennial Entrepreneurs

IDFC FIRST Private Banking and Hurun India have joined forces to unveil the "IDFC FIRST Private Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2023." This prestigious list showcases the 200 most valuable companies established in India since the year 2000.

The ranking employs market capitalization for publicly traded companies and valuations for privately held businesses to determine a company's value. This inaugural edition sheds light on the remarkable achievements of young Indian entrepreneurs who have built thriving businesses in the new millennium.

The list boasts a collective value of a staggering INR 30 lakh crore, a figure that matches the GDP of Denmark. This signifies the immense economic power generated by these young entrepreneurs. Interestingly, the average age of these founders is just 44, with a noteworthy one-third falling under the age of 40. This highlights the growing influence of millennials in shaping India's business landscape.

While the complete list isn't provided in the excerpt, it mentions some prominent young self-made entrepreneurs like Neetish Sarda of Smartworks, Ritesh Agarwal of OYO, Ankush Sachdeva of ShareChat, and Hemesh Singh of Unacademy. These individuals represent diverse sectors, showcasing the dynamism and wide reach of millennial entrepreneurship in India.

The presence of co-working spaces (Smartworks), budget hospitality chains (OYO), social media platforms (ShareChat), and online education platforms (Unacademy) on the list reflects the evolving needs of the Indian market and the ability of these young leaders to cater to them

This recognition by IDFC FIRST Private Banking and Hurun India serves as a significant validation for these young entrepreneurs. It highlights not only the financial success of their ventures but also their potential to disrupt traditional industries and contribute to India's economic growth.

The report underscores several key takeaways:

Rise of the Millennials: Millennials are no longer just a young demographic; they are a driving force in Indian business. Their innovative ideas and tech-savvy approach are transforming various sectors.

Focus on New-Age Sectors: The list highlights the success of companies operating in sectors like co-working spaces, budget hospitality, social media, and online education. This reflects a shift in consumer preferences and the ability of young entrepreneurs to capitalize on these trends.

Economic Powerhouse: With a collective value matching Denmark's GDP, the companies on this list represent a significant economic force in India. This bodes well for the country's future growth prospects.

The "IDFC FIRST Private Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2023" serves as a valuable resource for understanding the changing face of Indian entrepreneurship. It celebrates the achievements of young leaders and paves the way for future generations to follow suit. As the influence of millennials continues to grow, this list offers a glimpse into the exciting future of Indian business.

[techminsolutions]

Hurun India 40 & Under Self-Made Rich List 2021: Media.Net’s Divyank Turakhia tops the list

Hurun India 40 & Under Self-Made Rich List 2021: Media.Net’s Divyank Turakhia tops the list

With 15 individuals, Bengaluru is the most preferred city for Business HQ for these young wealth creators, followed by New Delhi with 8 and Mumbai with 5. IIFL Wealth and Hurun India have released the IIFL Wealth Hurun India 40 & Under Self-Made Rich List 2021, a ranking of the self-made entrepreneurs with a wealth of Rs 1,000 crore, aged 40 years and under from India. Wealth calculations are a…

[humanengineers]

Bengaluru startups gave birth to most of India's young billionaires By | Hema Ravichandar | Strategic HR Advisory, former CHRO Infosys Ltd   NEW DELHI : Bengaluru, India's start-up capital, now also holds the distinction of being home to the most number of billionaires aged under 40. Hurun India Rich List 2019 has released a list of top 17 self-made entrepreneurs out of which a majority of 10 are from Bengaluru alone. While Mumbai registered the most number of billionaires across ages, Bengaluru, led by Zerodha's Nithin Kamath and Flipkart co-founder Sachin Bansal, became the millennial billionaire’s hub. Bengaluru's richest startup founders: 1) The richest in the young billionaires list from Bengaluru is Nithin Kamath, founder and CEO of discount brokerage startup Zerodha. He is just 39-year-old and his net worth has been estimated to be ₹6,600 crore. Founded in 2010, Zerodha now contributes to almost 15% of the Indian retail trading volume and is India's largest retail stockbroker with a customer base of more than 1.5 million. Kamath star... https://humanengineers.com/wp-content/uploads/2019/12/Startups-8.jpg https://tinyurl.com/yfduse6z https://humanengineers.com/bengaluru-startups-gave-birth-to-most-of-indias-young-billionaires/?feed_id=10540&_unique_id=60e58d49bd69a

[doonitedin]

Hurun Global Rich List 2021: India Added 40 More Billionaires Last Year

In 2020 during the COVID-19 pandemic, India added 40 more billionaires, rising to the third spot globally with record 177 billionaires after China and the US, according to Hurun Global Rich List 2021.   Hurun Report chairman and chief researcher Rupert Hoogewerf said, “Despite the disruption caused by Covid-19, this year has seen the biggest wealth increase of the last decade. A stock markets…

[economyandfinancialnews]

Azim Premji tops EdelGive Hurun India Philantrophy List 2020

Wipro's Founder Chairman Azim Premji and his family have topped the EdelGive Hurun India Philanthropy List 2020 with contribution of Rs 7,904 crore.

The Founder Chairman of HCL Technologies, Shiv Nadar, and his family ranked second, followed by richest Indian Mukesh Ambani, the Chairman of Reliance Industries (RIL), in the third spot. Nadar and his family contributed Rs 795 crore for charitable causes while Ambani and family's contributions stood at Rs 458 crore.

The fourth spot was secured by Kumar Mangalam Birla, Chairman, Aditya Birla Group, followed by Anil Agarwal, Chairman, Vedanta Group, in fifth spot.

Mumbai topped the preferred city of residence for top philanthropists with 36 names from the city making it to the list. Delhi and Bengaluru followed as second and third cities, respectively.

Education remained the biggest cause supported by the donors in India. Healthcare and water conversation witnessed a spike in donations compared to last year.

"Reports of this nature are rare, but give us deep insight into the philanthropic sector and the patterns of giving that are ever-evolving. This year, we also looked at our methodology very closely e ensuring we keep the process transparent and proactively invite leaders of a diverse group to participate in the list," Vidya Shah, Chairperson and CEO, EdelGive Foundation.

Twenty-eight philanthropists entered the EdelGive Hurun India Philanthropy List 2020 for the first time. The top new additions in the list included S.D. Shibulal of Infosys with a donation of Rs 32 crore, followed by Amit and Archana Chandra of A.T.E. Chandra Foundation who donated Rs 27 crore.

Anas Rahman Junaid, MD and Chief Researcher of Hurun India, said: "The preferred cause of India's top philanthropists has been education, although poverty alleviation has grown dramatically to become the second most popular cause this year."

A statement said that Rohini Nilekani, who donates through Rohini Nilekani Philanthropies, is India's "most generous" woman, followed by Anu Aga and family of Thermax. Binny Bansal is the only philanthropist under the age of 40 to enter the philanthropy list.

Source: https://www.dailypioneer.com/2020/trending-news/azim-premji-tops-edelgive-hurun-india-philantrophy-list-2020.html

[newsfactstoday]

With ₹24,000 crore net worth, Kamath brothers are richest self-made Indians under 40 | Check full list

With ₹24,000 crore net worth, Kamath brothers are richest self-made Indians under 40 | Check full list

The IIFL Wealth Hurun India 40 & under Self-Made Rich List 2020 on Tuesday released a ranking of the self-made entrepreneurs with a wealth of INR 1,000 crore, aged forty years and under from India. Nithin and Nikhil Kamath, who runs financial company Zerodha, have topped the list of self-made richest Indians under 40.

Nithin Kamath, 40, and Nikhil Kamath, 34, co-founded India’s first online…

[smartwork2]

IPO Upon Reaching 25-30 Million Sq Ft Milestone

IDFC FIRST Private Banking and Hurun India unveiled the inaugural 'IDFC FIRST Private Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2023' list, spotlighting India's most influential post-2000-founded companies. Notable names include Neetish Sarda of Smartworks,, representing a new wave of young, dynamic entrepreneurs. With a collective value of INR 30 lakh crore, equivalent to Denmark's GDP, these companies underscore India's economic prowess. The list's average founder age is 44, with a significant presence of under-40 visionaries, shaping India's entrepreneurial landscape.

[mediaway]

top 10 youngest rich billionaires in india, Zerodha founders Nithin Nikhil Kamath richest under 40, hurun rich list

top 10 youngest rich billionaires in india, Zerodha founders Nithin Nikhil Kamath richest under 40, hurun rich list

Image Source : TWITTER

 With ₹24,000 crore net worth, Kamath brothers are richest self-made Indians under 40 | Check full list

The IIFL Wealth Hurun India 40 & under Self-Made Rich List 2020 on Tuesday released a ranking of the self-made entrepreneurs with a wealth of INR 1,000 crore, aged forty years and under from India. Nithin and Nikhil Kamath, who runs financial company Zerodha, have…