A new list of self-made Indian entrepreneurs has been released. In this list, Zomato founder Deepinder Goyal has secured the number one position, moving ahead of DMart founder Radhakishan Damani. At the same time, IndiGo founders Rahul Bhatia and Rakesh Gangwal have entered the top 10 list of self-made businessmen in India for the first time. The list has been released by Hurun India.
Deepinder Goyal, CEO of Zomato’s parent company Eternal, has topped the Hurun India Top 200 Self-Made Entrepreneurs of the Millennium 2025 list. Eternal’s valuation has increased by 27 percent to 3.2 lakh crore rupees compared to last year, while Avenue Supermarts’ valuation fell by 13 percent to 3 lakh crore rupees.
Rahul Bhatia and Rakesh Gangwal have made their first appearance on this list. IndiGo’s valuation currently stands at 2.2 lakh crore rupees, and both founders are ranked among the top three on the list.
Who all dropped out of top 10?
Several well-known founders who were in the top 10 last year have dropped out this time. These include Razorpay founders Harshil Mathur and Shashank Kumar, Zerodha founders Nithin Kamath and Nikhil Kamath, and Dream11 founders Harsh Jain and Bhavit Sheth.
Consumer tech brand Lenskart’s founder, Peyush Bansal, secured the 10th position. Founded in 2008, Lenskart went public this year and is now valued at 70,236 crore rupees. According to the report, the company’s valuation has grown by 60 percent compared to last year.
Getting into the top 200 is now tougher
Hurun India Founder and Chief Researcher Anas Rahman Junaid said that making it into the Top 200 list has become more difficult. The minimum valuation requirement has increased by 1.5 times, rising from around 3,000 crore rupees to nearly 4,500 crore rupees. He added that achievements that once took decades are now being reached within 10 to 15 years.
Bengaluru remains India’s startup capital
According to the list, Bengaluru continues to be India’s top startup hub with 52 companies. Mumbai follows in second place with 41 companies, while Gurugram ranks third with 36 companies.
The ranking also highlights a wide age gap among entrepreneurs. Zepto founder Kaivalya Vohra is 22 years old, and Aadit Palicha is 23, while Happiest Minds Technologies founder Ashok Soota is 82 years old.
