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Running a startup is not always easy. You’ll have to come up with your own ideas, convince investors to raise money, and battle competitors, suppliers, and even government regulators. But if you manage to come out unscathed, the rewards can be very lucrative.
Over 20 startup founders in India have successfully amassed a net worth of over Rs. His list of Hurun self-made individuals under 40 is headed by Zerodha founder Nithin Kamath. 17,500 kroner. The list includes founders of popular startups such as Flipkart and Razorpay, while his Ritesh Agarwal of Oyo is the youngest on the list with a net worth of Rs.6,300 kroner. Here are India’s richest startup founders under 40:
1.Nikhil Kamas, Zeroda
rupee 17,500 kroner
Zerodha founder Nithin Kamath likes to keep a low profile, but he may have built one of the greatest businesses on our list. Zerodha has never raised outside funding, but now he has recorded profits in excess of Rs. 1000 kroner per year. Zerodha he founded in 2007 and pioneered his discount brokerage model in India, allowing users to buy and sell stocks at much lower prices than their competitors. With Zerodha now becoming the largest stockbroker in the country ahead of giants like ICICI and HDFC, Nithin Kamath’s net worth ballooned to his Rs. 17,500 kroner.
2. Bhavish Aggarwal, Ola
rupee 11,700 kroner
Ola was founded as a ride-hailing company in 2011 and has come a long way since then. Ola has experimented with food delivery, cloud his kitchen, grocery delivery, and even selling used cars. Not every initiative worked, but Tamil has managed to set up the world’s largest two-wheeler factory in Nadu and launch its own electric scooter. It remains to be seen how Ola Electric will compete with established automakers such as Bajaj and Mahindra, but Ola’s ride-hailing business and its electric industry have been given Ola founder Bhavish Aggarwal his Rs. Bringing net worth. 11,700 kroner.
3. Divyank Turakhia, Media.met
rupee 11,200 kroner
Divyank Turakhia made his fortune selling advertising startup Media.net to Russian investors for $900 million. The 40-year-old lives a king-size life in Dubai, flying planes and enjoying sailing on a yacht. He is third on the list of richest startup founders in India with a net worth of Rs. 11,200 kroner.
4, 5. Nakul Aggarwal and Ritesh Arora, Browserstack
Rupee 9.99 billion
Browserstack is not a household name in India, but it has built a hugely successful SaaS business in its own right with tools that help web developers test their code in different browsers and environments. I’m here. The company he founded in 2011 by Ritesh Arora and Nakul Aggarwal. The two started by building tools to help them test their code. The company quickly turned a profit, reaching his $20 million in annual revenue when it raised its first round of funding in 2017. BrowserStack’s new valuation of $4 billion and relatively low dilution to outside investors allowed its founders, Nakul Aggarwal and Ritesh Arora, to make a profit. Value for Rs. 9,900 kroner each.
6. Vinnie Banthal, Flipkart
8.1 billion rupees
Binny Bansal is one of the leading figures in the Indian startup ecosystem, selling Flipkart to Walmart, still the biggest deal in the Indian startup space. Since his exit at Mega, Bansal has become an angel investor and has actively invested in many new startups. He is sixth on the list with a net worth of Rs. 8,100 kroner.
7. Ritesh Aggarwal, Oyo Rooms
rupee 6.3 billion
Oyo Rooms was once India’s second-highest startup with a valuation of around $10 billion, but then the Covid pandemic hit and its platform came to a halt. The company has been looking to rebound in recent months, reporting its adjusted EBITA plus quarter. The company is aiming to go public, but its founder, 28-year-old Ritesh Agarwal, is already worth $100 million. 6,300 kroner.
8,9. Harshil Mathur and Shashank Kumar, Razorpay
rupee 5,500 kroner
Razorpay started as a small payments company in Jaipur but has now become a fintech giant. It enables all kinds of payments and even allows small businesses to collect payments from their customers instantly. The company has expanded into several areas such as loans, payroll software and even corporate credit cards, and its founders Harshil Mathur and Shashank Kumar are just 31 and he is 32. , worth Rs. 5,500 kroner each.
10. Neha Narkede
rupee 4.7 billion
At the start of Neha Narkhede’s career, there was little hint that she would end up on the list of richest self-made Indians. After that, she worked at her Oracle and then moved to LinkedIn. At LinkedIn, however, she and two of her colleagues left her company to start a company named Confluent. The company helps businesses monitor and manage data in real time using its platform. Confluent went public last June and Neha Narkhede is the only woman on the list of richest startup founders with a net worth of Rs. 4,700 kroner for her.
11. Alak Pandey
rupee 5000 kroner
The latest entrant to the list is Phyicaswallah founder Alakh Pandey. His story is what shapes startup dreams — Pandey started his Youtube channel teaching physics, which eventually grew into a giant company, now a unicorn. His Physicswallah stakes in Pandey give him his net worth of Rs. He has 5,000 kroner, making him the 11th richest startup founder in India under the age of 40.
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