“Disciplined, consistent, and persistent actions are more of a determining factor in the creation of success than any other combination of things.“Grant Cardone
A self-made billionaire person is someone who has achieved wealth and status through personal effort or hard work rather than by inheriting wealth from someone. It’s not easy to become a self-made person; it takes hard work, consistency, and patience, but it is possible.
After reading a lot of biographies about wealthy people, the only thing that I could conclude is that they believed in themselves and their visions. They were resilient throughout, no matter what life threw at them.
Dreaming is the key to success. Life without dreams is empty and not worthwhile. Every entrepreneur had a dream once that they then brought into reality.
According to Richard Branson, “The benefits of dreaming far outweigh the perceived risks because the value of dreaming isn’t measured by the outcome, but by the inspiration that comes from the journey of achieving the dream.”
In this list, we will be seeing Indian Entrepreneurs who are self-made billionaires.
Over the past few decades, India’s economy has grown, making it one of the world’s most democratic countries. No wonder the country has a huge reserve of billionaires.
Mumbai has the most billionaires of all ages, while Bengaluru had the most millennial billionaires. The IIFL Wealth & Hurun Group List of self-made billionaires in India under the age of 40 is compiled by India’s 40 and Under Self-Made Rich List, 2020.
13. Divyank Turakhia – Media.net
Divyank Turakhia is the founder of Media.net. He is an Indian-born computer programmer, businessman, billionaire, serial entrepreneur, and investor.
Media.net is a contextual advertising network and it is the second-largest contextual advertising network in the world.
Turakhia was on the 2019 Forbes India Rich List. At present Turakhia’s net worth is Rs 12,500 crores ($1.54 billion). He got all of his wealth after he sold his company in 2010 to Miteno communication technology for 900 million USD. The deal is said to be the third-largest ad tech acquisition ever.
12. Binny Bansal and Sachin Bansal – Flipkart
Flipkart India’s top e-commerce brand was founded by Binny Bansal and Sachin Bansal in 2007, Binny Bansal held a 5.5 percent stake in Flipkart. Walmart acquired 77 percent of Flipkart’s shares in 2018, reputedly it was the world’s largest acquisition for an internet company.
Binny Bansal has been investing in several start-ups as an angel investor, and Sachin Bansal has co-founded and is the CEO of Navi, a neo-bank start-up based in Bengaluru since their exit from Flipkart. Binny Bansal has a net worth of Rs 9,580 crores presently ($1.3 Billion).
With an initial capital of 400,000 (US$5,600), Bansal and his co-founder, Binny Bansal, launched Flipkart, as an online bookshop, in October 2007. They began operations in an apartment in Koramangala, Bangalore, India. According to Bansal, he managed all business details in the first several months, from constructing the initial version of their website to acquiring books to packing and delivering them.
Flipkart is an Indian e-commerce company headquartered in Bangalore, Karnataka, and registered as a private limited company in Singapore. The company began with online book sales before branching out into other product categories such as consumer electronics, fashion, home needs, food, and lifestyle items.
11. Deepinder Goyal – Zomato
Deepinder Goyal, the co-founder of the multinational restaurant aggregator and food delivery company, has a net worth nearing Rs 4,936 crores ($650 million ) after Zomato’s stock surged up to 66% on the launch day.
He worked as a management consultant at Bain & Company in New Delhi after graduating from IIT Delhi. While working at this company, he saw that there was a high demand for menu cards among his coworkers. That is where the concept for Zomato arose.
Soon after, he left his career at Bain & Company to launch his food firm, Foodiebay, in 2008, which was then rebranded as Zomato in 2010.
Zomato is a multinational Indian restaurant aggregator and food delivery service. In January 2020, Zomato acquired Uber Eats India in an all-stock transaction, his wealth has increased by 16%.
10. Vijay Shekhar Sharma- Paytm.
Vijay Shekhar Sharma, the founder of Paytm, was the 62nd richest person in India in 2020 according to Forbes, presently he has a net worth of Rs 75,946 crores ($1 billion). He founded the website indiasite.net in 1997, while he was still in college, and sold it two years later for $1 million.
In the year 2000, he founded One97 Communications, which provided mobile content such as news, cricket scores, ringtones, jokes, and exam results. One97 is the parent business of Paytm, which was founded in 2010 by Vijay Shekhar Sharma.
Paytm has approximately 400 million users and processes 25 million transactions every day. In 2018, Sharma persuaded Warren Buffet of Berkshire Hathaway to invest $300 million in the company. Paytm is a Noida-based Indian multinational technology business that focuses on digital payment systems, e-commerce, and finance.
9. Sanjeev Bikhchandani – Info Edge
Sanjeev Bikhchandani is an Indian businessman who co-founded Ashoka University and is the founder and executive vice-chairman of Info Edge, which owns Naukri.com, a job marketplace.
In January 2020, he received the Padma Shri Award, India’s fourth-highest civilian honour. He was placed 68th in Forbes India Rich List 2020. He has a net worth of Rs 19,746 crores ($2.6billion) presently.
Info Edge Limited is an Indian pure play internet firm situated in Noida, Uttar Pradesh. Sanjeev Bikhchandani established it in 1995. The company operates the online employment portal Naukri.com, the matrimonial website Jeevansathi.com, the real estate listings platform 99Acres.com, and the educational website Shiksha.com.
8. Byju Raveendran and Divya Gokulnath – Byju’s Learning
Byju’s is an Indian multinational ed-tech company founded by Byju Raveendran and Divya Gokulnath. Raveendran, a skilled engineer, began tutoring kids in mathematics in 2006. With the support of his students, he and his wife established an educational organization in 2011 that offered online video-based learning programs for grades K-12 as well as competitive tests. After four years of development, the company debuted Byju’s: The Learning App in August 2015.
Byju’s is an educational tutoring application that operates on a freemium model, with free content access limited to 15 days after signup. The firm provides instructional content for students in grades 4 through 12, and an early learning program for grades 1 through 3 was launched in 2019.
With Byju’s 15 million valuations, their wealth has increased by a whopping 117%. According to Forbes, Byju, his wife, and his brother Riju Raveendran have a total net worth of Rs 27,340 crores ($3.6 billion) presently. Byju’s ranked third in the Hurun India Unicorn Index 2020.
7. Radha Vembu -Zoho
Radha Vembu is a billionaire entrepreneur from India who owns the majority stake in Zoho Corporation, an Indian software development firm. Vembu graduated from the Indian Institute of Technology Madras with a degree in industrial management.
She was ranked 76 on the Forbes India Rich List. Radha Vembu has a net worth of Rs 12,910 crores ($1.7 billion).
Zoho Corporation is a multinational technology firm located in India that creates web-based business products. It is best known for the Zoho online office suite.
Radha Vembu has successfully positioned the product among the top five business e-mail providers in the world, competing with Microsoft and Google. According to the findings, she is one of the top ten wealthiest women in the country.
6. Amod Malviya, Sujeet Kumar, and Vaibhav Gupta – Udaan
Amod Malviya, Sujeet Kumar, and Vaibhav Gupta, who are the co-founders of B2B startup Udaan, have an estimated net worth of Rs 13,000 crore ($1.71 billion) altogether.
They have attained wealth through investments and have seen a 274% increase in their wealth through investments. They have raised $280 million from new and existing startups.
udaan is a network-centric B2B commerce platform created exclusively for India’s small and medium-sized businesses. It unites Indian merchants, wholesalers, retailers, manufacturers, and brands on a single platform. Udaan provides them with the power of technology to scale and nurture their business by providing actual insights into active trends and amazing B2B trade features.
5. Deepak Garg – Rivigo
Deepak Garg, co-founder & CEO of the logistics company, Rivigo, is estimated to have a net worth of Rs 3,200 crore ($434 million). In 2019, KB Global invested Rs 35 crore in Rivigo at a valuation of Rs 7,593 crore, and the company entered the Hurun India Unicorn Index 2020.
He is an IIT–Kanpur graduate with a master’s degree in business administration from IIM–Lucknow From 2006 to 2014, he worked for McKinsey & Co. before founding Rivigo.
He has vast expertise dealing with large clients on complicated supply chain issues, and he has clients in Asia, Australia, and Africa.
4. Ritesh Agarwal – OYO
OYO Hotels & Homes is a multinational hospitality chain founded by Ritesh Agarwal. He is the youngest rich entrepreneur in India.
According to Hurun Rich List 2020, his net worth in 2020 is predicted to be around Rs 4.67 crores ($615.2 Million). He is the world’s second-youngest self-made billionaire, after Kylie Jenner, as of February 2020.
He is a member of the Forbes 30 under 30 Asia list.
However, Agarwal does not appear on the Forbes or Business Insider billionaires lists. Agarwal has also received the Business World Young Entrepreneur Award.
OYO Hotels & Houses is an Indian multinational OTA that offers hotels, homes, and living spaces. OYO was founded in 2013 and initially consisted primarily of low-cost hotels.
The company expanded globally, with thousands of hotels, vacation homes, and millions of rooms in over 80 countries, including India, Malaysia, the United Arab Emirates, Nepal, China, Brazil, Mexico, the United Kingdom, the Philippines, Japan, Saudi Arabia, Sri Lanka, Indonesia, Vietnam, and the United States.
Due to the pandemic, business is down temporarily, hence declining the wealth of Ritesh Agarwal, by 40% or Rs 3,000 crore.
3. Harman Narula – Imporable
Harman Narula, the founder of Imporable Worlds, a multinational technology company,
In May 2017, the company was estimated to be worth $1 billion after an additional $502 million in financing.
Narula has a net worth of $615 million by The Telegraph Tech 100 in 2020, with his wealth rising by 45%. He is the co-founder of the company alongside Rob Whitehead and Peter Lipka.
Herman Narula is a British Indian businessman who co-founded and serves as CEO of Improbable Worlds Limited, a British global technology firm created in 2012. It develops networked simulation software for video games and business applications.
Improbable was founded to push the boundaries of modern online gaming. Their three internal game studios bring together the minds behind some of the most innovative video games launched this decade, as well as the technology to create future multiplayer worlds.
2. Bhavish Aggarwal – OLA
Bhavish Aggarwal is an Indian businessman and the co-founder of Ola Cabs, one of the top ride-hailing services in India, He began his career with Microsoft, where he spent two years and submitted two patents, as well as publishing three papers in international journals.
In January 2011, he co-founded Ola Cabs in Bengaluru with Ankit Bhati.
Aggarwal was named one of Time magazine’s 2018 1000 Most Influential People.
Aggarwal conceived the idea for a cab firm after having a negative encounter with a taxi, which prompted him and Ankit Bhati to co-found Ola Cabs in 2010.
OlaCabs has grown to be India’s largest network of personal transportation options, and it has emerged as the most preferred option for many consumers in 22 Indian cities.
Aggarwal, and Ankit Bhati by issuing equity shares at a nominal price of ₹10 per share – resulting in a 13% increase in their wealth compared to last year. Bhavesh has a net worth of Rs 7500 crores ($987 million) presently.
1. Nithin Kamath and Nikhil Kamath – Zerodha
Nithin Kamath and Nikhil Kamath, the brother duo running Zerodha, are at the top of their game. They are the richest self-made billionaires in India. The brother duo started trading when they were teenagers, and they never graduated. They were passionate about it, and they noticed that there was not enough transparency in the field.
They both worked as sub-brokers for Reliance Money and Way2Wealth. Their trading prowess led to the formation of Kamath Associates, a firm that manages money for others.
Zerodha is India’s largest stockbroker. Founded in 2010, the company is headquartered in Bengaluru. The company provides retail brokerage, currency and commodities trading, mutual funds, and bonds.
It is India’s largest brokerage firm by active client base, with a market capitalization of more than $1 billion. providing the cheapest brokerage rates. The brother duo is estimated to have a reportedly net worth of Rs 25,600 crore.