In keeping with the report by Hurun India, the common age of those startup founders is simply 41.
Notably, Radha Vembu of Zoho and Nikhil Kamath of Zerodha, are among the many distinguished startup founders who’ve made it to the listing.Each of them run two worthwhile and bootstrapped Indian startups.Vembu, who noticed a 14% rise in her web wealth, and has overtaken Nykaa’s Falguni Nayar to grow to be the richest self-made indian lady within the listing.
The youngest on the listing is 20-year-old Kaivalya Vohra who based supply app Zepto. The age of the youngest particular person who made it to the listing was 37, indicating the impression of the startup revolution in India, Hurun mentioned.
Notably, Byju Raveendran didn’t discover a place within the newest Hurun India wealthy listing 2023 as his troubled edtech startup Byju’s is going through a collection of valuation markdowns by its buyers.
Hurun India mentioned that 59 entrepreneurs on the 2023 listing are founders of unicorns and two are founders of gazelles, outlined as more than likely to ‘go unicorn’ inside two years.
In keeping with Hurun India, whereas India’s startup ecosystem has showcased energy throughout numerous sectors, it has not been with out its setbacks.
“Founders of 16 firms that featured in Hurun India Future Unicorn Index dropped out of 360 One Wealth Hurun India Wealthy Record 2023, amounting to a collective lack of Rs 85,000 crore for these entrepreneurs,” it mentioned.
Hurun India added that regardless of these challenges, there may be optimism as some IPOs that stumbled final yr are making a comeback.
“Notably, entrepreneurs like Deepinder Goyal of Zomato and Yashish Dahiya of PB Fintech have seen their wealth improve by over 70%, suggesting that startup wealth creation will persist, albeit inside a altering panorama,” it mentioned.
In keeping with the analysis, India is presently ranked third when it comes to the variety of unicorns featured within the listing at 84.
