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These self-made Indian billionaires are under 40 years of age

  • Hurun Report India which is indicative of a robust and diverse economy and thriving entrepreneurship in India, attributes a conducive market environment, ease of access to institutional capital a beneficial risk-reward scenario and the presence of young entrepreneurial leaders as critical drivers for growing the numbers added to the rich list every year.
    1/12

    India’s self-made billionaires under 40

    Hurun Report India which is indicative of a robust and diverse economy and thriving entrepreneurship in India, attributes a conducive market environment, ease of access to institutional capital a beneficial risk-reward scenario and the presence of young entrepreneurial leaders as critical drivers for growing the numbers added to the rich list every year.
  • Divyank Turakhia founded Media.net in 2010 went on to become one among the top 5 largest online advertising businesses in the world. In 2016, he sold Media.net in an all-cash deal, the third largest acquisition transaction in the online advertising industry across the globe.
    2/12

    1. Divyank Turakhia, Media.net - Rs 13,000 crore

    Divyank Turakhia founded Media.net in 2010 went on to become one among the top 5 largest online advertising businesses in the world. In 2016, he sold Media.net in an all-cash deal, the third largest acquisition transaction in the online advertising industry across the globe.
  • Ritesh Agarwal’s earned his wealth through Oyo hotel chain- the world's third-largest and fastest-growing hospitality chain of leased and franchised hotels, homes and living spaces.
    3/12

    2. Ritesh Agarwal, OYO Rooms - Rs 7,500 crore

    Ritesh Agarwal’s earned his wealth through Oyo hotel chain- the world's third-largest and fastest-growing hospitality chain of leased and franchised hotels, homes and living spaces.
  • Keep up to speed at a glance with the Top 10 daily stories

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    Keep up to speed at a glance with the Top 10 daily stories

  • The only brother’s on the list Nithin Kamath and Nikhil Kamath built Zerodha, which is India's largest retail stockbroker. They recently launched True Beacon- a global ecosystem of proprietary investment products, capital markets services and value-additional programs such as ultra-high net worth investor connectivity, philanthropic strategy and forging new strategic partnerships globally for UHNIs.
    4/12

    3. Nithin Kamath, Zerodha - Rs 6,600 crore

    The only brother’s on the list Nithin Kamath and Nikhil Kamath built Zerodha, which is India's largest retail stockbroker. They recently launched True Beacon- a global ecosystem of proprietary investment products, capital markets services and value-additional programs such as ultra-high net worth investor connectivity, philanthropic strategy and forging new strategic partnerships globally for UHNIs.
  • Sachin Bansal co-founded Flipkart that was acquired by Walmart at $16 billion in 2018. In 2018, Bansal exited Flipkart along with the Walmart deal.
    5/12

    4. Sachin Bansal, ex-Flipkart - Rs 6,100 crore

    Sachin Bansal co-founded Flipkart that was acquired by Walmart at $16 billion in 2018. In 2018, Bansal exited Flipkart along with the Walmart deal.
  • Binny Bansal co-founded with Sachin Bansal in 2007. In 2018, Walmart acquired a 77% stake in Flipkart. After the acquisition, Bansal assumed the role of chairman and continued as Group CEO. He resigned from Flipkart in November 2018.
    6/12

    5. Binny Bansal, ex-Flipkart - Rs 5,500 crore

    Binny Bansal co-founded with Sachin Bansal in 2007. In 2018, Walmart acquired a 77% stake in Flipkart. After the acquisition, Bansal assumed the role of chairman and continued as Group CEO. He resigned from Flipkart in November 2018.
  • Keep up to speed at a glance with the Top 10 daily stories

    Yahoo News is better in the app

    Keep up to speed at a glance with the Top 10 daily stories

  • The only brother’s on the list Nithin Kamath and <strong>Nikhil Kamath</strong> built Zerodha, which is India's largest retail stockbroker. They recently launched True Beacon- a global ecosystem of proprietary investment products, capital markets services and value-additional programs such as ultra-high net worth investor connectivity, philanthropic strategy and forging new strategic partnerships globally for UHNIs. (Picture courtesy: Zedrodha)
    7/12

    6. Nikhil Kamath, Zerodha - Rs 4,400 crore

    The only brother’s on the list Nithin Kamath and Nikhil Kamath built Zerodha, which is India's largest retail stockbroker. They recently launched True Beacon- a global ecosystem of proprietary investment products, capital markets services and value-additional programs such as ultra-high net worth investor connectivity, philanthropic strategy and forging new strategic partnerships globally for UHNIs. (Picture courtesy: Zedrodha)
  • Byju Raveendran founded an educational technology and online tutoring company called Think and Learn Private Ltd in 2011 in Bangalore. It is more famous as ‘BYJU’S – The Learning App’. In 2019, it was the world’s most valued edutech company at Rs 37,000 crore.
    8/12

    7. Byju Raveendran, BYJU'S - Rs 3,600 crore

    Byju Raveendran founded an educational technology and online tutoring company called Think and Learn Private Ltd in 2011 in Bangalore. It is more famous as ‘BYJU’S – The Learning App’. In 2019, it was the world’s most valued edutech company at Rs 37,000 crore.
  • Udaan is a business-to-business online marketplace that connects manufacturers and wholesalers to sell their products with retailers. In 2016, Udaan was co-founded by <strong>Amod Malviya</strong>, Vaibhav Gupta and Sujeet Kumar.(Picture, courtesy: YourStory)
    9/12

    8. Amod Malviya, Udaan - Rs 3,500 crore

    Udaan is a business-to-business online marketplace that connects manufacturers and wholesalers to sell their products with retailers. In 2016, Udaan was co-founded by Amod Malviya, Vaibhav Gupta and Sujeet Kumar.(Picture, courtesy: YourStory)
  • Keep up to speed at a glance with the Top 10 daily stories

    Yahoo News is better in the app

    Keep up to speed at a glance with the Top 10 daily stories

  • Udaan is a business-to-business online marketplace that connects manufacturers and wholesalers to sell their products with retailers. In 2016, Udaan was co-founded by Amod Malviya, <strong>Vaibhav Gupta</strong> and Sujeet Kumar. (Picture, courtesy: YourStory)
    10/12

    9. Vaibhav Gupta, Udaan - Rs 3,500 crore

    Udaan is a business-to-business online marketplace that connects manufacturers and wholesalers to sell their products with retailers. In 2016, Udaan was co-founded by Amod Malviya, Vaibhav Gupta and Sujeet Kumar. (Picture, courtesy: YourStory)
  • Udaan is a business-to-business online marketplace that connects manufacturers and wholesalers to sell their products with retailers. In 2016, Udaan was co-founded by Amod Malviya, Vaibhav Gupta and <strong>Sujeet Kumar</strong>. (Picture, courtesy: YourStory)
    11/12

    10. Sujeet Kumar, Udaan - Rs 3,500 crore

    Udaan is a business-to-business online marketplace that connects manufacturers and wholesalers to sell their products with retailers. In 2016, Udaan was co-founded by Amod Malviya, Vaibhav Gupta and Sujeet Kumar. (Picture, courtesy: YourStory)
  • Bhavish Agarwal is the co-founder of Ola comes and at 34 years of age is third youngest self-made Indian billionaire with a net worth of Rs 3,100 crore.
    12/12

    11. Bhavish Aggarwal, Ola Cabs - Rs 3,100 crore

    Bhavish Agarwal is the co-founder of Ola comes and at 34 years of age is third youngest self-made Indian billionaire with a net worth of Rs 3,100 crore.
Hurun Report India which is indicative of a robust and diverse economy and thriving entrepreneurship in India, attributes a conducive market environment, ease of access to institutional capital a beneficial risk-reward scenario and the presence of young entrepreneurial leaders as critical drivers for growing the numbers added to the rich list every year.
Divyank Turakhia founded Media.net in 2010 went on to become one among the top 5 largest online advertising businesses in the world. In 2016, he sold Media.net in an all-cash deal, the third largest acquisition transaction in the online advertising industry across the globe.
Ritesh Agarwal’s earned his wealth through Oyo hotel chain- the world's third-largest and fastest-growing hospitality chain of leased and franchised hotels, homes and living spaces.
The only brother’s on the list Nithin Kamath and Nikhil Kamath built Zerodha, which is India's largest retail stockbroker. They recently launched True Beacon- a global ecosystem of proprietary investment products, capital markets services and value-additional programs such as ultra-high net worth investor connectivity, philanthropic strategy and forging new strategic partnerships globally for UHNIs.
Sachin Bansal co-founded Flipkart that was acquired by Walmart at $16 billion in 2018. In 2018, Bansal exited Flipkart along with the Walmart deal.
Binny Bansal co-founded with Sachin Bansal in 2007. In 2018, Walmart acquired a 77% stake in Flipkart. After the acquisition, Bansal assumed the role of chairman and continued as Group CEO. He resigned from Flipkart in November 2018.
The only brother’s on the list Nithin Kamath and <strong>Nikhil Kamath</strong> built Zerodha, which is India's largest retail stockbroker. They recently launched True Beacon- a global ecosystem of proprietary investment products, capital markets services and value-additional programs such as ultra-high net worth investor connectivity, philanthropic strategy and forging new strategic partnerships globally for UHNIs. (Picture courtesy: Zedrodha)
Byju Raveendran founded an educational technology and online tutoring company called Think and Learn Private Ltd in 2011 in Bangalore. It is more famous as ‘BYJU’S – The Learning App’. In 2019, it was the world’s most valued edutech company at Rs 37,000 crore.
Udaan is a business-to-business online marketplace that connects manufacturers and wholesalers to sell their products with retailers. In 2016, Udaan was co-founded by <strong>Amod Malviya</strong>, Vaibhav Gupta and Sujeet Kumar.(Picture, courtesy: YourStory)
Udaan is a business-to-business online marketplace that connects manufacturers and wholesalers to sell their products with retailers. In 2016, Udaan was co-founded by Amod Malviya, <strong>Vaibhav Gupta</strong> and Sujeet Kumar. (Picture, courtesy: YourStory)
Udaan is a business-to-business online marketplace that connects manufacturers and wholesalers to sell their products with retailers. In 2016, Udaan was co-founded by Amod Malviya, Vaibhav Gupta and <strong>Sujeet Kumar</strong>. (Picture, courtesy: YourStory)
Bhavish Agarwal is the co-founder of Ola comes and at 34 years of age is third youngest self-made Indian billionaire with a net worth of Rs 3,100 crore.
Srishti P

The IIFL Wealth Hurun India Rich List, which promotes the success stories of entrepreneurs who have created wealth transparently, has listed all self-made entrepreneurs under 40.

Similar to their global counterparts, Indian tech moguls loom large.  All self-made entrepreneurs from the IIFL Wealth Hurun India Rich List built technology-based ventures.

Unlike billionaires on global lists, which include heirs and heiresses, the young billionaires on the list are all self-made. Rapid advancements in technology-enabled the ‘millennial entrepreneur’. 

While Mumbai registered the most billionaires amongst all ages, Bengaluru was the millennial billionaire’s capital.

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