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List of India’s richest start up Founders and Entrepreneurs

Start-up India programme was launched by the Government in 2016. But India has already developed the atmosphere of start ups in India. India has some very successful stars up like Flipkart, OYO Rooms, Bjyu and Paytm etc.In this article we have written information about latest billionaires in the country.
Aug 21, 2019 15:28 IST
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New Billionaires in India
New Billionaires in India

In March 2018 the total number of billionaires in India were 131, but if people of Indian-origins are considered then the tally would move up to 170. Some youngest billionaires in India are Vijay Shekhar Sharma, Binni Bansal, Bjyu Raveendran, Ritesh Agrawal and Divyank Turakhia.

Let see the list of latest & youngest billionaires in India;

1. Divyank Turakhia, 

Founder: Media.net

Net worth: Rs. 12,100 crore

Description: Divyank is India’s richest start up founder with a net worth of Rs. 12,100 crore in 2019. Divyank Turakhia and his brother Bhavin runs a ad-tech firm Media.net, which was sold in $900 million to a Chinese company. Divyank Turakhia has Indian citizenship but now lives in Dubai.

2. Vijay Shekshar Sharma

Founder: Paytm

Net worth: Rs. 10900 cr

This is one of the most happening name in the Indian start ups. Paytm offers products from phone recharge, electricity bills to soap and washing powder and clothes etc. Now Paytm has its own online mall just like Big Bazar.

Paytm is most successful start ups in India that is the reason that Warren Buffett’s Berkshire Hathaway has invested $10 billion in Paytm.

3. Nithin Kamath and Family

Founder: Zerodha

Net worth: Rs. 8,600 crore

Nithin Kamath founded the Zerodha in 2007. It has started the discount broking model in India and allowing its users to buy and sell stocks at much cheaper prices than the competitors. Now Zerodha is the third biggest stock broker in the country, behind HDFC and ICICI.

4. Dhiraj Rajaram 

Founder: Mu Sigma

Net worth: Rs. 7,400 crore

Mu Sigma is an Indian management consulting firm that primarily offers data analytics services.
The name of the firm is fetched from the statistical terms "Mu" and "Sigma" which symbolize the mean and the standard deviation respectively. Mu Sigma was founded in 2004 and in 2016 it has 3,500+ Number of employees.

5. Binny Bansal

Co-Founder: Flipkart

Net Worth: Rs. 6,500 crore

Description: Flipkart is an e-commerce company started by the Sachin Bansal and Binny Bansal in 2007. It is based in Bangaluru.

Flipkart has been acquired by Walmart at a valuation of $21 billion in 2018. So now the Walmart is the Parent organization for the Flipkart. Binny Bansal chose to remain with the acquired entity while Sachin left.

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6. Sachin Bansal 

Co founder: Flipkart

Net Worth: Rs. 6,200 crore

Description:  Sachin Bansal is the co-founder of the Flipkart. This IIT Delhi graduate was the co-founder of Flipkart and hold the position of Chief Executive Officer and Executive Chairman till 2018. But after the flipkart is being acquired by the Walmart in 2018 he exited from flipkart.

In 2018, Bansal held 5.5% stake in Flipkart, which he sold off to Walmart and his net worth at that time was a little over $1 billion.

7. Bhavish Agarwal 

Founder: Ola cab

Net worth: Rs. 3,900 crore

Description:  Bhavish Agarwal was born in Ludhiana and completed his bachelor's degree in computer science and engineering from Indian Institute of Technology Bombay in 2008. In January 2011 he co-founded Ola Cabs in Bengaluru. As on May 2019, Ola was valued at about $6.2 billion.

8. Bjyu Raveendran

Founder: Byju’s

Net worth: Rs. 3,300 crore

Description:  BYJU’S - The Learning App is the brand name for Think and Learn Private Limited. This company was set up by the Bjyu Raveendran in 2011. BYJU is an online tutoring firm which acquired the Indian cricket team's jersey rights since September 2019 upto 2022.

In March 2019, BYJU was the world’s most valued edutech company valued at $5.4 billion (Rs 37,000 crore). It has around 3200 Number of employees in 2019.

9. Ritesh Agarwal

Founder: Oyo Rooms

Net worth: Rs. 2,600 crore

Description: Ritesh Agarwal is the founder and CEO of OYO Rooms despite being a drop out from the college. 

He was born on 16 November 1993 in Bissam Cuttack, Odisha. At the age of 13, he started selling SIM cards and launched the OYO Rooms in May 2013.

OYO has 4,50,000 listings in 500 cities in India,United States, China,Nepal,Japan, Sri Lanka,United Kingdom, Malaysia, Saudi Arabia United Arab Emirates,Indonesia and Philippines.

So these were the names of some successful entrepreneurs and start ups. The start up culture is very essential for the economic prosperity of the country.it is expected that the start up India programme will boost up the economy. 

 

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