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This story is from August 30, 2024

Youngest billionaires in India 2024: Zepto co-founder Kaivalya Vohra becomes the youngest to enter the list

The 2024 Hurun India Rich List reveals India's youngest billionaires under 40, featuring Razorpay founders Harshil Mathur and Shashank Kumar. The list notably includes Zepto CEO Adit Palicha, the youngest at 21. Highlighting strong entrepreneurial spirit, 65% of the 55 tech startup founders are self-made. India now has 334 dollar billionaires, up 29% from last year.
Youngest billionaires in India 2024: Zepto co-founder Kaivalya Vohra becomes the youngest to enter the list
The 2024 Hurun India Rich List reveals India's youngest billionaires under 40, featuring Razorpay founders Harshil Mathur and Shashank Kumar. The list notably includes Zepto CEO Adit Palicha, the youngest at 21. Highlighting strong entrepreneurial spirit, 65% of the 55 tech startup founders are self-made. India now has 334 dollar billionaires, up 29% from last year.
The 2024 Hurun India Rich List has revealed the youngest billionaires in India under 40, including Harshil Mathur and Shashank Kumar, founders of RazorPay who topped the list. Zepto Kaivalya Vohra's CEO and co-founder, Adit Palicha, become the youngest entrant to enter the list at the age of 21. Co-founder of Lenskart, an eyewear retail company, Neha Bansal ( aged 42) is the youngest self-made woman entrepreneur on the list.The list, which includes 55 technology startup founders, has a cumulative wealth of Rs 2,87,100 crore. India's dollar billionaire count has reached 334, up 29% from last year. The list showcases India's entrepreneurial spirit, with 65% of the entrepreneurs being self-made.


List of youngest billionaires in India 2024

Name
Age
Net worth (INR Crore)
Companies
Shashank Kumar
33
8,700
Razorpay
Harshil Mathur
33
8,700
Razorpay
Alakh Pandey
32
4,500
PhysicsWallah
Aditya Kumar Halwasiya
30
1,100
Cupid
Harsh Reddy Ponguleti
30
1,300
Raghav Constructions India
Ritesh Agarwal
30
1,900
OYO
Vaibhav Jain
28
1,300
PNC Infratech
Shashvat Nakrani
26
1,300
BharatPe
Rohan Gupta and family
25
1,300
SG Finserve
Aadit Pachali
22
4,300
Zepto
Kaivalya Vohra
21
3600
Zepto
Source: Hurun India rich list 2024

The youngest billionaires in Indian 2024


Shahshank kumarShashank Kumar is the co-founder of Razorpay, a leading digital payments platform in India. Under his leadership, Razorpay has grown rapidly, becoming a key player in the fintech industry, with a whopping net worth of Rs. 8400 crore. The company offers a seamless payment experience for businesses across the country.Harshil MathurHarshil Mathur, co-founder and CEO of Razorpay, ranks as the second youngest billionaire of India. His strategic direction has been instrumental in driving the company’s vision to simplify digital payments, enabling Razorpay to expand its offerings and become a prominent name in India's financial ecosystem.
Alakh pandeyAlakh Pandey, founder of PhysicsWallah, revolutionised the edtech space with affordable and quality education. His platform, which started as a YouTube channel, has now become a popular destination for more than 12.7 million students of India preparing for competitive exams.Aaditya Kumar Halwasiya At the age of 30, Aditya Kumar Halwasiya has become the driving force behind Cupid, a company that has made significant strides in the contraceptive industry. His leadership has positioned Cupid as a major player in the market, both domestically and internationally.Harsh Reddy Ponguleti Number five on the list is Harsh Reddy Ponguleti, with a staggering net worth of Rs. 1300 crore. He has successfully led Raghav Constructions India, a prominent construction firm with his innovative approach to real estate development, contributing to the company's growth and its reputation in the industry.Ritesh Agarwal Ritesh Agarwal is the founder and CEO of OYO, a global hospitality chain that has disrupted the budget hotel industry. His vision has transformed OYO into one of the world’s fastest-growing hotel chains, with a presence in several countries.Vaibhav JainVaibhav Jain plays a key role in PNC Infratech, a leading infrastructure development company in India. His contributions have been vital in steering the company towards significant projects in the construction and infrastructure sectors.Shashvat Navlani Shashvat Nakrani co-founded BharatPe, a fintech company that provides merchant payments and financial services. His entrepreneurial spirit has helped BharatPe become a crucial player in India’s digital payment landscape. Rohan GuptaRohan Gupta, along with his family, has built SG Finserve into a successful financial services company. Their focus on providing customised financial solutions has earned them a strong reputation in the industry, with a net worth of Rs. 1300 crore.Aadit Pachali and Kaivalya VohraLast on the list are the co-founders of Zepto, Aadit Palicha and Kaivalya Vohra. Although they have different net worths, they have successfully grown Zepto, a quick commerce startup that has revolutionised grocery delivery. Their innovative approach to fast and reliable service has made Zepto one of the most talked-about startups in India. The company’s revenue has grown more than fivefold to over ₹10,000 crore in FY24, up from about ₹2,000 crore in FY23.
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