The Indian business industry is booming with old and new businesses. The industry is a fertile ground for young minds who are innovative, ambitious and inspiring to make a mark in the heart of the business industry. The article lists the top ten youngest billionaires in India. It lists those brilliant minds whose stories inspire other young and upcoming entrepreneurs to become successful.
Top 10 Youngest Billionaires in India
10. Deepinder Goyal
Zomato’s Pioneer of Flavor
Net Worth: INR 2300 Cr
Company: Zomato
Age- 40 years
Today, if you are craving some delicious food, you can always order it online. Zomato is one of the giants in the online food delivery. Deepinder Goyal started Zomato as Foodiebay in the year 2008. It was renamed as Zomato in 2010. The company helps deliver food from restaurants to the desired location. The company secured the acquisition of Gastronauci, Cibando, and Poland’s restaurant search assistance in 2014. He has a net worth of INR 2,300 Cr.
9. Ankit Bhati
Leading the Way in the Future alongside Amnic
Net Worth: INR 2500 Cr
Company: Ola Cabs
Age – 32 years
Imagine you are late for work. You will quickly book a cab, won’t you? Ankit Bhati is the co-owner of one of India’s favourite and often-used cab booking companies. He founded Ola Cabs with his companion Bhavish Agarwal in 2010. Ankit is also the former CEO of Ola Cabs. He resigned from the company in 2020. He shifted his attention to his new software as a service startup, Amnic. The total net worth of Ankit Bhati has increased from INR 1400 Cr to INR 2500 Cr.
8. Ritesh Agarwal
OYO’s Youthful Trailblazer
Net Worth: INR 4672 Cr
Company: OYO Rooms
Age- 30 years
Ritesh Agarwal has been travelling across India at the age of 17. He stayed in over 100 beds & breakfasts, guest houses, and hotels. He found a scarcity of affordable and quality hotels in the budget hotel category. It gave him the impetus to OYO Rooms in May 2013. Today, OYO Rooms has become the World’s leading chain of hotels, homes and spaces. The current net worth of Ritesh Agarwal is INR 4,672 Crores. Ritesh Agarwal is on the Forbes 30 under 30 list for Asia.
7. Bhavish Aggarwal
Leading Ola Cabs to a Billion-Dollar Story
Net Worth: INR 7500 Cr
Company: Ola Cabs
Age- 38 years
Bhavish Aggarwal co-founded the company Ola Cabs with Ankit Bhati in 2010. It was a turning point for Indians as they could afford rental transport services at affordable prices. He started his career with Microsoft Research. He believes that Ola Cabs works on a model that helps empower the drivers. The startup has been awarded several awards, like the mBillionth Award South Asia 2013, Best Startup of the Year by IAMAI, and HATT awards Hindustan Times. His current net worth is around INR 7500 Cr, making him one of the wealthiest entrepreneurs at the age of 37 years (as of 2023).
6. Binny Bansal
From Software Engineer to A Billion-Dollar Visionary!
Net Worth: INR 8,848 Cr
Company: Flipkart
Age- 42 years
Binny Bansal co-founded one of the most famous e-commerce platforms, Flipkart with Sachin Bansal in 2007. Initially, Binny worked at Sarnoff Corporation and then as a software engineer at Amazon. He was the former CEO of Flipkart. Subsequently, Walmart acquired Flipkart. The company’s total evaluation is around $37.8 billion.
He is also working as a Board advisor at companies like Blackbuck, GreyOrange, Acko, Udhyam Learning Foundation, and N/Core. Binny is also the Co-Founder and Executive Chairman of 10x Technologies. He has a net worth of INR 8,848 Cr as of 2022.
5. Sachin Bansal
The mastermind behind Flipkart’s success
Net Worth: INR 8,848 Cr
Company: Flipkart
Age- 42 years
Sachin Bansal is an alumnus of IIT Delhi. He was the co-founder and Chairman of Flipkart before Walmart acquired the company. Initially, he worked as an associate at Techspan and later on as a senior software engineer at Amazon. Sachin Bansal launched the fintech startup Navi Technologies in December 2018. The company became public, and he now owns 97.34% shares of the company. He has been investing in several startups since 2014 in his personal capacity. These include startups such as Ola Cabs, Grey Orange, Inshorts, Unacademy, and Team Indus.
4. Nikhil Kamath
From School Dropout to Trading Tycoon
Net Worth: INR 11,100 Cr
Company: Zerodha
Age – 37 Years
Nikhil Kamath is the Co-Founder of Zerodha and founded the firm with his brother. He is a school dropout and secured a job at 17 in a call centre. After gaining experience in the stock market and trading, Nikhil and his brother founded Zerodha. He co-founded True Beacon, an asset management firm that caters services to the ultra-rich. Nikhil is known as a brilliant trader. In Zerodha, he manages the prop trading desk, risk management and everything related to trading.
3. Divyank Turakhia
The Coding Genius Who Redefined Ad Tech Brilliance
Net Worth: INR 12,500 Cr
Company: Media.net
Age – 41 Years
From the age of 8, Divyank started his coding journey. He has mastered every other domain of computer programming. Divyank founded Media.net and sold it to a consortium of Chinese investors for $ 900 million in August 2016. But he continues to run operations under the new owners. As of 2022, he is the second-richest self-made entrepreneur under the age of 40.
Media.net is a leading global advertising company with the most comprehensive portfolios of advertising technology in the industry across search, native, display, mobile, local, products and video. Media.net is one of the Top 5 largest ad tech companies worldwide. It is also the second-largest contextual advertising business worldwide.
2. Vijay Shekar Sharma
Leading Paytm to Financial Domination
Net Worth: INR 18,900 Cr
Company: Paytm
Age- 45 years
Paytm is one of the most popular platforms for money transfers. Vijay Shekar founded the company in 2010. It also features among the top three UPI apps in India. More than two crore merchants in India use the Paytm platform to accept payments directly into their bank accounts. Once, in college, he created a website named indiansite.net, which he later sold for $ 1 million.
After his graduation, he founded One97 Communications, a company that provided people with exam results, jokes, ringtones and cricket scores. The company became the parent organisation of Paytm in 2010.
1. Nithin Kamath
Creating Billions in the Finance Industry
Net Worth: INR 25,600 Cr
Company: Zerodha
Age- 44 years
Nithin Kamath is one of the top ten youngest billionaires and is the Founder of Zerodha. It is a discount brokerage firm that helps break all the issues investors and traders struggle with within India. The problems can be related to capital cost, technology and support. He plays the role of a Chartered Accountant and Chief Executive Officer of Zerodha.
Established in 2010, Zerodha has beyond 5 million clients as of 2022. It is registered under SEBI and is a member of NSE, BSE, and MCX-SX. He also founded the Rainmatter Foundation, an NGO that aims to improve environmental sustainability. An alumnus of Bangalore Institute of Technology, he was initially self-employed as a Proprietary Trader and later as a Senior Telesales Executive at Manipal Infocom and as a Partner at Kamath Associates.
Conclusion
The emergence of the youngest billionaires in India demonstrates a dynamic and innovative business environment. From emerging startups to pioneering ventures like Zerodha, Ola Cabs, and Paytm, these success stories serve as an inspiration for aspiring entrepreneurs in India’s burgeoning business landscape.
