Top entrepreneurs 2024: Radhakishan Damani tops Hurun India’s Self-Made Entrepreneurs list, followed by Zomato’s Deepinder Goyal

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founder Radakishan Damani DMart:retained the top position in IDFC First Private & Hurun India’s Top 200 Self-Made Entrepreneurs of the Millenia 2024 with a valuation of 3.4 lakh crores, marking a growth of 44%. Followed by Deepinder Goyal Zomatowhose valuation exceeds 2.5 lakh crores and sees a significant growth of 190% founders of SwiggySriharsha Majethi and Nandan Reddy secured the third spot.The growing demand for fast-paced commerce among Indian consumers has pushed these entrepreneurs to the top of the list.

Notable non-unicorn companies in the top ten are Avenue Supermarts, Zomato, Max Healthcare Institute, Makemytrip, Policy Bazaar and Nykaa.Notably, three of the top ten companies are headquartered in Mumbai. in Bengaluru and Gurugram.

Fourth on the list is Deep Kalra and Rajesh Magow, co-founders of MakeMyTrip, with a valuation of Rs 99,300 crore.Founded in 2000 by Deep Kalra, MakeMyTrip initially focused on the US-India travel market, offering competitive products and services backed by robust technology and dedicated customer service, Rajesh Magow, Co-Founder and Group CEO, has been instrumental in milestones such as the company’s NASDAQ listing in 2010, the merger with the Ibibo group and leading MakeMyTrip’s successful post-pandemic recovery.

Abhay Soi, chairman and CEO of Max Healthcare Institute, is also ranked fourth with a valuation of Rs 96,100. Nanavati Hospital In 2019, KKR-backed Radiant Life Care acquired a 49.7% stake in Max Healthcare in South Africa. from existing Life Healthcare.

Yashish Dahiya and Alok Bansal, founders of Policybazaar, are in the top 10 this year with a value of Rs 78,600 crore, a significant increase of 128% over the previous year Policybazaar’s core mission is to enhance transparency in the insurance industry by simplifying plan information, addressing mis-selling practices and reducing policy gaps.

Bhavit Sheth and Harsh Jain, co-founders of Dream11, India’s first gaming unicorn, have jointly secured the seventh spot in IDFC FIRST Private & Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2024 at a valuation of Rs 6,500 crore.

Nitin Kamath and Nikhil Kamath ranked eighth in the list with the aim of democratizing the stock market.Nithin, who is equipped with an engineering degree from NITK Surathkal is the “WTF Foundation”, which aims to support young entrepreneurs under the age of 22 such in areas such as fashion, beauty and home industries.

Razorpay co-founders Harshil Mathur and Shashank Kumar secured the ninth spot worth ₹ 62,400 crore. Their entrepreneurial journey began in 2014, driven by an observation of challenges in the online payments industry in India. which fueled Razorpay’s growth in tandem with India’s digital economy.

Falguni Nayar, the visionary behind Nykaa, entered the top 10 this year with a valuation of Rs 56,600 crore, a notable increase of 30% over the previous year.In 2012, she founded Nykaa, an e-commerce platform that offers a wide range of beauty products. boasts a diverse portfolio of over 1,000 brands that cater to beauty and health needs. a wide spectrum of needs for both sexes.

According to the report, 56 founders and 32 companies have been added to the IDFC First Private & Hurun India’s Top 200 Millennial Entrepreneurs list.In addition, this year there is a 15 percent increase in the number of self-made millennial companies. was registered, and now the list includes a total of 121 such companies. Three individuals on the list are worth INR 1 lakh crore or more compared to two individuals last year.

The entry threshold for IDFC First Private & Hurun India’s Millennium Top 200 Self-Made Entrepreneurs 2024 list has increased by 13% to Rs 3,400 crore.

India’s stock market’s impressive growth brought 12 new entrants to the market, with 38% coming from established publicly listed companies, and the remaining 18 from the startup sector, indicating a potential cooling in the previously difficult startup funding environment.

The total value of all companies on this list is 36 lakh crores (US$ 431 billion), which shows a significant growth of 20% compared to last year.This value is almost equivalent to the GDP of Maharashtra and exceeds the GDP of every state in India.

 
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