DMart’s Damani, Zomato’s Goyal top list of self-made entrepreneurs
The Hindu
Top self-made entrepreneurs like Radhakishan Damani, Deepinder Goyal, and Sriharsha Majety lead in valuation growth and innovation.
Avenue Supermarkets Ltd. (DMart) promoter Radhakishan Damani, Zomato founder Deepinder Goyal and Swiggy’s Sriharsha Majety and Nandan Reddy have secured the top three positions respectively in the second edition of IDFC First Private Banking and Hurun India’s ‘India’s Top 200 Self-made Entrepreneurs of the Millennia 2024’ which was released on Wednesday.
In the face of emerging challenges from quick-commerce, Mr. Damani grew his company’s valuation by 44% to ₹3.4 lakh crore while Zomato and Swiggy saw their valuation growing up by 190% and 52% respectively to ₹2.52 lakh crore and ₹1.01 lakh crore.
Kaivalya Vohra, 21, and Aadit Palicha, 22, co-founders of Zepto, were the youngest self-made entrepreneurs with their valuation more than doubling to ₹41,800 crore.
Happiest Minds Founder Ashok Soota, 81, was the eldest in the list of self-made entrepreneurs.
Among the 19 women on the list, Falguni Nayar of Nykaa leads as the highest-ranked woman, breaking into the top 10 with a 30% valuation gain.
Ghazal Alagh (36) of MamaEarth has become the youngest woman entrepreneur, with her company’s valuation increasing 55% to ₹15,500 crore.
As many as 56 founders representing 32 companies were added to this year’s list and the cumulative value of all the 200 companies in the list was up 20% at ₹36 lakh crore which was almost equivalent to the GDP of Maharashtra.
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