Zerodha Brothers topped the list of young treasures
(Milcah Anila, Intern Journalist) New Delhi: A few can earn a living at a young age. Satisfied with a simple job after higher education… Starting your startup Hundreds of people like him are looking for satisfaction in providing employment.
If you look at the list of the richest people in IIFL Wealth and Haroon India, you will find such successful entrepreneurs. Nitin Kamath and Nikhil Kamath, co-founders of ‘Zerodha’, topped the list with a fortune of Rs 24,000 crore. Most importantly, our Vijayawada, Sriharsha Majeti, once again caught everyone’s attention by standing at 15th position in the list with a fortune of Rs 1,400 crore.
He is also the only person to have secured a place in the town of Tier2. BITS Pilani – Birla Institute of Technology and Science alumnus Sriharsha, Bundle Technologies was formed in 2013 with Nandan Reddy.
This is Swiggy Holding Company. Swiggy is owned by iconic investment firms Tencent Holdings, Naspers Ltd, DST Global, and others. Swiggy has a market value of $ 3 billion (Rs 22,000 crore). Expansion as an Internet platform 16 entrepreneurs under the age of 40 have a combined net worth of Rs 44,900 crore, according to a report by IIFL Wealth and Haroon India Self Made Rich List 2020 of Entrepreneurs Under 40.
Net worth (net worth) of at least Rs 1,000 crore was taken as the benchmark. Most of them hit the jackpot with the startup as an internet platform. It is noteworthy that during the Corona period, except for a few of them, their wealth increased.
The top 2 founders of Zerodha in the report have increased their wealth by 58% this year alone. The wealth of ‘Oyo’ Ritesh Agarwal, who is ranked 9th in the list, has fallen by 40% this year. This is due to the boom in tourism and hospitality with Corona. Vue Technologies (Woo brand) Devi Saraf’s fortune also fell 33%. Devi is the only woman entrepreneur to make it to the list.
“Some have completely withdrawn from startups, while others have partially withdrawn and started investment funds. Also, support for young entrepreneurs. It has had a huge impact on the growth of Indian entrepreneurs, ”said Haroon India MD Anas Rehman.