India’s Top 200 Self-Made Entrepreneurs 2025 - IDFC FIRST & Hurun India

Presents

Behind The Vision

IDFC FIRST Private Banking and Hurun India Proudly Release the Third Edition of India's Top 200 Self-made Entrepreneurs of the Millennia 2025

Mr. Vikas Sharma, Head-Wealth Management & Private Banking, IDFC FIRST Bank said:

“India stands tall as one of the world’s leading nations for the quality of its entrepreneurship ecosystem. The Third Edition of IDFC FIRST Private & Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2025 marks another year of celebrating India’s vibrant startup and entrepreneurial journey. This report honours the extraordinary stories of visionary leaders who are reshaping the country’s economic landscape. Their resilience, innovation, and relentless pursuit of excellence reflect the very values we at IDFC FIRST Bank deeply resonate with. Through this publication, we proudly spotlight these trailblazers and reaffirm our commitment to nurturing the entrepreneurial spirit that continues to power India’s growth story.”

Vikas Sharma

Head-Wealth Management & Private Banking, IDFC FIRST Bank

Vikas Sharma

Head-Wealth Management & Private Banking, IDFC FIRST Bank

Self-made Entrepreneurs

Young Entrepreneurs

Most Experienced Entrepreneurs

Women Entrepreneurs

Top 10 Self-made Entrepreneurs of the Millennia 2025

Witness the unveiling of India’s Top 200 Self-made Entrepreneurs of the Millennia 2025.

Deepinder Goyal

Eternal

Gurugram, 2010

Market Cap: INR 3,20,700 Cr

Radhakishan Damani

Avenue Supermarts

Mumbai, 2000

Market Cap: INR 2,97,800 Cr

Rahul Bhatia,
Rakesh Gangwal

InterGlobe Aviation

Gurugram, 2006

Market Cap: INR 2,19,300 Cr

Abhay Soi

Max Healthcare Institute

Gurugram , 2001

Market Cap: INR 1,10,700 Cr

Sriharsha Majety,
Nandan Reddy

Swiggy

Bengaluru, 2014

Market Cap: INR 1,06,100 Cr

Deep Kalra,
Rajesh Magow

MakeMyTrip

Gurugram, 2000

Market Cap: INR 94,500 Cr

Yashish Dahiya,
Alok Bansal

Policybazaar

Gurugram, 2008

Market Cap: INR 80,300 Cr

Vijay Shekhar Sharma

Paytm

Noida, 2010

Market Cap: INR 72,900 Cr

Falguni Nayar,
Adwaita Nayar

Nykaa

Mumbai, 2012

Market Cap: INR 67,500 Cr

Amit Chaudhary, Peyush Bansal, Neha Bansal, Sumeet Kapahi

Lenskart

Gurugram, 2010

Market Cap: INR 67,000 Cr

Deepinder Goyal

Eternal

Gurugram, 2010

Market Cap: INR 3,20,700 Cr

Radhakishan Damani

Avenue Supermarts

Mumbai, 2000

Market Cap: INR 2,97,800 Cr

Rahul Bhatia,
Rakesh Gangwal

InterGlobe Aviation

Gurugram, 2006

Market Cap: INR 2,19,300 Cr

Abhay Soi

Max Healthcare Institute

Gurugram , 2001

Market Cap: INR 1,10,700 Cr

Sriharsha Majety,
Nandan Reddy

Swiggy

Bengaluru, 2014

Market Cap: INR 1,06,100 Cr

Deep Kalra,
Rajesh Magow

MakeMyTrip

Gurugram, 2000

Market Cap: INR 94,500 Cr

Yashish Dahiya,
Alok Bansal

Policybazaar

Gurugram, 2008

Market Cap: INR 80,300 Cr

Vijay Shekhar Sharma

Paytm

Noida, 2010

Market Cap: INR 72,900 Cr

Falguni Nayar,
Adwaita Nayar

Nykaa

Mumbai, 2012

Market Cap: INR 67,500 Cr

Amit Chaudhary, Peyush Bansal, Neha Bansal, Sumeet Kapahi

Lenskart

Gurugram, 2010

Market Cap: INR 67,000 Cr

Top 10 Youngest Entrepreneurs of the Millennia 2025

Witness the unveiling of India’s Top 200 Youngest Entrepreneurs of the Millennia 2025.

Kaivalya Vohra

Zepto

Age 22

Mumbai, 2021

Aadit Palicha

Zepto

Age 23

Mumbai, 2021

Shashvat Nakrani

BharatPe

Age 27

Gurugram, 2018

Manik Garg

Saatvik Green Energy

Age 30

Gurugram, 2015

Hardik Kothiya

Rayzon Solar

Age 31

Surat, 2017

Ritesh Agarwal

PRISM

Age 31

Gurugram, 2012

Chirag Nakrani

Rayzon Solar

Age 32

Surat, 2017

Ankush Sachdeva

ShareChat

Age 32

Bengaluru, 2015

Neetish Sarda

Smartworks

Age 32

Gurugram, 2015

Rajan Bajaj

Slice

Age 32

Bengaluru, 2016

Viraj Nirani

TruAlt Bioenergy

Age 32

Bengaluru, 2021

Kaivalya Vohra

Zepto

Age 22

Mumbai, 2021

Aadit Palicha

Zepto

Age 23

Mumbai, 2021

Shashvat Nakrani

BharatPe

Age 27

Gurugram, 2018

Manik Garg

Saatvik Green Energy

Age 30

Gurugram, 2015

Hardik Kothiya

Rayzon Solar

Age 31

Surat, 2017

Ritesh Agarwal

PRISM

Age 31

Gurugram, 2012

Chirag Nakrani

Rayzon Solar

Age 32

Surat, 2017

Ankush Sachdeva

ShareChat

Age 32

Bengaluru, 2015

Neetish Sarda

Smartworks

Age 32

Gurugram, 2015

Rajan Bajaj

Slice

Age 32

Bengaluru, 2016

Viraj Nirani

TruAlt Bioenergy

Age 32

Bengaluru, 2021

Most Experienced Entrepreneurs of the Millennia 2025

Witness the unveiling of India’s Top 200 Most Experienced Entrepreneurs of the Millennia 2025.

Portrait of Ashlok Piramal, top 10 experienced entrepreneur

Ashok Soota

Happiest Minds

Age 82

Bengaluru, 2011

V. Jagannathan

Star Healthcare and Allied Insurance Company

Age 80

Chennai, 2006

Naresh Trehan

Medanta

Age 79

Gurugram, 2004

Portrait of Munuswamy Naidu, top 10 experienced entrepreneur

M Anandan

Aptus Value Housing Finance India

Age 75

Chennai, 2009

Ashwin Desai

Aether Industries

Age 74

Surat, 2013

Portrait of Sajjan Jindal, top 10 experienced entrepreneur

Sajjan Bhajanka

Star Cement

Age 73

Kolkata, 2001

Sudhir Vaid

Concord Biotech

Age 73

Ahmedabad, 2000

Jaithirth Rao

Home First Finance Company India

Age 73

Mumbai, 2010

Portrait of Ashwin Dani, top 10 experienced entrepreneur

Ashok Boob

Clean Science and Technology

Age 73

Pune, 2003

Ashok Soota

Happiest Minds

Age 82

Bengaluru, 2011

V. Jagannathan

Star Healthcare and Allied Insurance Company

Age 80

Chennai, 2006

Naresh Trehan

Medanta

Age 79

Gurugram, 2004

M Anandan

Aptus Value Housing Finance India

Age 75

Chennai, 2009

Ashwin Desai

Aether Industries

Age 74

Surat, 2013

Sajjan Bhajanka

Star Cement

Age 73

Kolkata, 2001

Sudhir Vaid

Concord Biotech

Age 73

Ahmedabad, 2000

Jaithirth Rao

Home First Finance Company India

Age 73

Mumbai, 2010

Ashok Boob

Clean Science and Technology

Age 73

Pune, 2003

Top 10 Women Entrepreneurs of the Millennia 2025

Witness the unveiling of India’s Top 200 Women Entrepreneurs of the Millennia 2025.

Falguni Nayar

Nykaa

Market Cap: INR 67,500 Cr

Mumbai, 2012

Adwaita Nayar

Nykaa

Market Cap: INR 67,500 Cr

Mumbai, 2012

Neha Bansal

Lenskart

Equity Value: INR 67,000 Cr

Gurugram, 2010

Ruchi Kalra

Ofbusiness

Equity Value: INR 44,400 Cr

Gurugram, 2015

Kavitha Subramanian

Upstox

Equity Value: INR 31,100 Cr

Mumbai, 2009

Ruchi Deepak

Acko

Equity Value: INR 13,300 Cr

Bengaluru, 2016

Srividhya Srinivasan

Amagi

Equity Value: INR 13,300 Cr

Bengaluru, 2008

Garima Sawhney

Pristyn Care

Equity Value: INR 12,400 Cr

Gurugram, 2018

Ghazal Alagh

Honasa Consumer

Market Cap: INR 9,600 Cr

Gurugram, 2016

Rajoshi Ghosh

Hasura

Equity Value: INR 8,900 Cr

Bengaluru, 2017

Falguni Nayar

Nykaa

Market Cap: INR 67,500 Cr

Mumbai, 2012

Adwaita Nayar

Nykaa

Market Cap: INR 67,500 Cr

Mumbai, 2012

Neha Bansal

Lenskart

Equity Value: INR 67,000 Cr

Gurugram, 2010

Ruchi Kalra

Ofbusiness

Equity Value: INR 44,400 Cr

Gurugram, 2015

Kavitha Subramanian

Upstox

Equity Value: INR 31,100 Cr

Mumbai, 2009

Ruchi Deepak

Acko

Equity Value: INR 13,300 Cr

Bengaluru, 2016

Srividhya Srinivasan

Amagi

Equity Value: INR 13,300 Cr

Bengaluru, 2008

Garima Sawhney

Pristyn Care

Equity Value: INR 12,400 Cr

Gurugram, 2018

Ghazal Alagh

Honasa Consumer

Market Cap: INR 9,600 Cr

Gurugram, 2016

Rajoshi Ghosh

Hasura

Equity Value: INR 8,900 Cr

Bengaluru, 2017

Unlocking the Secrets of Success

Curious about the journeys behind their success?

IDFC FIRST Private and Hurun India invite you to explore inspiring stories of visionaries who rose to lead with innovation and resilience.

Discover what fuels their drive, the challenges they overcame, and the impact they’re making today.

Story of Deepinder Goyal

Eternal (formerly Zomato)

Deepinder Goyal, the 42-year-old Founder, Managing Director and CEO of Eternal, embodies analytical excellence and entrepreneurial drive. An IIT Delhi graduate in Mathematics and Computing, Goyal began his career at Bain & Company before identifying a simple problem — people struggling to access restaurant menus. This insight led to the launch of FoodieBay in 2008, which evolved into Zomato and eventually Eternal. Raising initial funding from angel investors and early-stage venture capital, he scaled the platform into India’s leading food discovery and delivery service. Under his leadership, Eternal grew through strategic acquisitions such as Uber Eats India and achieved a landmark IPO, cementing Goyal’s place among India’s most influential Self-made Entrepreneurs.

Story of Radhakishan Damani

D-Mart

Radhakishan Damani, 70, Founder of Avenue Supermarts, is a veteran investor and entrepreneur known for his disciplined, value-driven approach. Leveraging his deep understanding of finance and stock trading, he foresaw the rise of organised retail in India and launched D-Mart to deliver quality products at competitive prices. Guided by his focus on operational efficiency and cost management, Damani steered D-Mart to a successful public listing in 2017 and nationwide expansion. His blend of investment acumen and hands-on leadership has made him one of India’s most respected figures in business and retail.

Story of Rahul Bhatia and Rakesh Gangwal

InterGlobe Aviation

Rahul Bhatia, Promoter and Managing Director of InterGlobe Aviation, is an entrepreneur known for his strategic foresight and business discipline. In 2006, he co-founded IndiGo with Rakesh Gangwal, introducing a low-cost airline model backed by family resources and early investors. Under their leadership, IndiGo has grown into one of India’s largest and most reliable carriers. Bhatia’s blend of financial acumen and operational expertise continues to shape India’s aviation landscape and inspire modern entrepreneurs.

Story of Abhay Soi

Max Healthcare Institute

Abhay Soi, Chairman and Managing Director of Max Healthcare Institute, is a visionary leader reshaping India’s healthcare landscape. With deep industry expertise and a focus on excellence, he has driven the organisation’s growth through innovation, technology adoption, and a strong patient-centric approach. Under his leadership, Max Healthcare has evolved into a world-class network of hospitals known for quality care and medical expertise. Soi’s strategic vision and hands-on leadership continue to define the future of Indian healthcare.

Story of Sriharsha Majety & Nandan Reddy

Swiggy

Swiggy, India’s leading food delivery platform, was co-founded by Sriharsha Majety and Nandan Reddy, both alumni of BITS Pilani. Majety, an IIM Calcutta MBA with a background in Physics and Electrical Engineering, brought a unique mix of technical and business expertise, while Reddy’s management acumen helped shape the company’s growth. Founded in Bengaluru, Swiggy began as a small on-demand food delivery startup and rapidly scaled through operational efficiency, a customer-first approach, and product innovation—redefining convenience in India’s food delivery landscape.

Story of Deep Kalra & Rajesh Magow

MakeMyTrip

Founded in 2000 by Deep Kalra and Rajesh Magow, MakeMyTrip has revolutionised online travel in India, changing how millions plan and book their journeys. Kalra, a St. Stephen’s College and IIM Ahmedabad alumnus, identified the potential of digital travel services and led the company’s rapid growth with strategic clarity and innovation. His co-founder, Rajesh Magow, a Chartered Accountant, complemented this vision with strong financial acumen—together building MakeMyTrip into one of India’s most trusted and pioneering travel platforms.

Story of Yashish Dahiya & Alok Bansal

Policybazaar

Founded in 2008 by Yashish Dahiya and Alok Bansal, Policybazaar set out to bring transparency and simplicity to India’s insurance market. Dahiya, an alumnus of IIT Delhi, IIM Ahmedabad, and INSEAD, combined strategic consulting and tech experience from Bain & Company and ebookers.com, while Bansal, a Kanpur University and IIM Calcutta graduate, brought strong management expertise. With initial funding from angel investors and early-stage venture capital, they scaled Policybazaar into India’s leading online insurance marketplace—built on analytical rigour, innovation, and customer trust.

Story of Vijay Shekhar Sharma

Paytm

Vijay Shekhar Sharma, Founder of Paytm, is a visionary entrepreneur who transformed a mobile wallet startup launched in 2010 into one of India’s leading digital payments platforms. A graduate in Electronics and Communications Engineering from Delhi Technological University, Sharma began his entrepreneurial journey in college with a content management venture, showcasing his early drive for innovation. Backed by angel investors and early-stage venture capital, he scaled Paytm rapidly through bold ideas and technological foresight, establishing himself as one of India’s most influential fintech pioneers.

Story of Falguni Nayar & Adwaita Nayar

Nykaa

Founded in 2012 by Falguni Nayar and Adwaita Nayar, Nykaa has grown into one of India’s leading beauty and wellness platforms. Falguni, a Finance graduate from IIM Ahmedabad and a former investment banker, brought sharp business acumen and strategic vision to build a strong omni-channel presence. Adwaita, with her expertise in operations and business strategy, played a key role in scaling the brand. Backed by personal resources and early investors, the duo transformed Nykaa into a trusted and aspirational name in India’s retail landscape.

Story of Amit Chaudhary, Peyush Bansal, Neha Bansal, and Sumeet Kapahi

Lenskart

Founded in 2010 by Amit Chaudhary, Peyush Bansal, Neha Bansal, and Sumeet Kapahi, Lenskart set out to redefine eyewear retail in India. Peyush, an Electrical Engineering graduate from McGill University and founder of Valyoo Technologies, brought a blend of technical expertise and entrepreneurial vision to the venture. Together, the founders combined strengths in technology, operations, and strategy to deliver quality eyewear at competitive prices. Backed by angel investors and early-stage venture capital, their innovative and hands-on approach has made Lenskart a leading omni-channel eyewear brand in India.

At a Glimpse

Stories from India’s top entrepreneurs across three years — witness their passion, challenges, and triumphs firsthand.

Here are India’s Top 200 Self-made Entrepreneurs of the Millennia 2025

2023

2024

2025 (Coming Soon)

Deepinder Goyal - Zomato

Kunal Shah – Cred

Radhakishan Damani - Avenue Supermarts

Bhavish Aggarwal – Ola

Most Experienced Entrepreneurs

Youngest Entrepreneurs

Women Entrepreneurs

Top Rank Changes

Self-made Entrepreneurs

3rd edition of IDFC FIRST Private & Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2025

Explore Past Winners & Their Inspiring Journeys

Click on a year below to discover the visionary entrepreneurs who shaped India’s business landscape and continue to inspire innovation.

2023
2024
2025

2023
2024
2025

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Behind The Vision

Vikas Sharma

Vikas Sharma

Top 10 Self-made Entrepreneurs of the Millennia 2025

Deepinder Goyal

Eternal

Radhakishan Damani

Avenue Supermarts

Rahul Bhatia,Rakesh Gangwal

InterGlobe Aviation

Abhay Soi

Max Healthcare Institute

Sriharsha Majety,Nandan Reddy

Swiggy

Deep Kalra,Rajesh Magow

MakeMyTrip

Yashish Dahiya,Alok Bansal

Policybazaar

Vijay Shekhar Sharma

Paytm

Falguni Nayar,Adwaita Nayar

Nykaa

Amit Chaudhary, Peyush Bansal, Neha Bansal, Sumeet Kapahi

Lenskart

Deepinder Goyal

Eternal

Radhakishan Damani

Avenue Supermarts

Rahul Bhatia,Rakesh Gangwal

InterGlobe Aviation

Abhay Soi

Max Healthcare Institute

Sriharsha Majety,Nandan Reddy

Swiggy

Deep Kalra,Rajesh Magow

MakeMyTrip

Yashish Dahiya,Alok Bansal

Policybazaar

Vijay Shekhar Sharma

Paytm

Falguni Nayar,Adwaita Nayar

Nykaa

Amit Chaudhary, Peyush Bansal, Neha Bansal, Sumeet Kapahi

Lenskart

Top 10 Youngest Entrepreneurs of the Millennia 2025

Kaivalya Vohra

Zepto

Aadit Palicha

Zepto

Shashvat Nakrani

BharatPe

Manik Garg

Saatvik Green Energy

Hardik Kothiya

Rayzon Solar

Ritesh Agarwal

PRISM

Chirag Nakrani

Rayzon Solar

Ankush Sachdeva

ShareChat

Neetish Sarda

Smartworks

Rajan Bajaj

Slice

Viraj Nirani

TruAlt Bioenergy

Kaivalya Vohra

Zepto

Aadit Palicha

Zepto

Shashvat Nakrani

BharatPe

Manik Garg

Saatvik Green Energy

Hardik Kothiya

Rahul Bhatia,
Rakesh Gangwal

Sriharsha Majety,
Nandan Reddy

Deep Kalra,
Rajesh Magow

Yashish Dahiya,
Alok Bansal

Falguni Nayar,
Adwaita Nayar

Rahul Bhatia,
Rakesh Gangwal

Sriharsha Majety,
Nandan Reddy

Deep Kalra,
Rajesh Magow

Yashish Dahiya,
Alok Bansal

Falguni Nayar,
Adwaita Nayar