Navigation

© Zeal News Africa

India's Young Innovators Unveiled: Zepto Founders Lead Hurun's Under-30 Entrepreneur List

Published 1 month ago3 minute read
Ibukun Oluwa
Ibukun Oluwa
India's Young Innovators Unveiled: Zepto Founders Lead Hurun's Under-30 Entrepreneur List

The inaugural Avendus Wealth–Hurun India U30 List 2025 has recognized 79 exceptional Indian entrepreneurs under the age of 30, heralding the emergence of the country's next generation of business leaders across a wide array of sectors. This first-of-its-kind edition, part of the broader Uth Series 2025, spotlights both first-generation founders whose startups exceed $25 million in valuation and second-generation leaders at the helm of family businesses valued at $50 million or more.

A significant highlight of the list is the strong inclination towards self-made entrepreneurship, with 66 out of the 79 individuals identified as first-generation founders. This trend signals a notable evolution in the Indian entrepreneurial landscape. The average age of these featured entrepreneurs is 28. Notably, Kaivalya Vohra and Aadit Palicha, co-founders of the quick commerce startup Zepto, are the youngest on the list at just 22 years old. Zepto, in particular, has demonstrated remarkable growth, having raised $1.95 billion in equity.

Geographically, Mumbai leads the concentration of these young business magnates with 15 entrepreneurs, solidifying its position as India's financial hub. Bengaluru follows with 14, and Delhi with 7. However, the list also broadens its scope to include talent from smaller cities such as Salem, Phagwara, Hubballi, and Ranchi, underscoring the expanding reach of entrepreneurial activity beyond major metropolitan centers.

The collective economic impact of these ventures is substantial. According to the Avendus-Hurun report, the companies led by these entrepreneurs have cumulatively raised $5.2 billion in equity funding and an additional $270 million in debt. Furthermore, they have generated over 64,000 jobs. Svatantra Microfin, founded by Ananyashree Birla (30), stands out as the largest employer on the list with 23,289 employees. Birla also holds the distinction of having the longest entrepreneurial experience among the cohort, spanning 13 years.

In terms of sectoral representation, software products and services emerge as the dominant category, accounting for 21 entrepreneurs. This is followed by consumer goods with 12 entrepreneurs and financial services with 9. Overall, service-led companies comprise more than 60% of the featured businesses, indicative of the service-oriented nature of many successful Indian startups. Prominent figures from other sectors include Arjun Deshpande of Generic Aadhaar, Shiva Sankeshwar of Vijayanand Travels, Rahul Rawat of the space tech company Digantara, and the co-founders of 10-minute grocery delivery app Swish: Ujjwal Sukheja, Saran S, and Aniket Shah.

Despite the diversity and scale of achievements, gender representation on the list remains a point of note, with only six women entrepreneurs featured. Among them, Devika Gholap, 28, founder of OptraSCAN, is recognized as the youngest woman on the list for her pioneering work in digital pathology.

The report also provides insights into how these young founders strategically deploy capital. Approximately 44% of the capital raised has been allocated towards product development and expansion, 30% towards geographic growth, and 12% towards talent acquisition. This demonstrates a clear focus on core business scaling and human capital investment.

Anas Rahman Junaid, Managing Director and Chief Researcher at Hurun India, emphasized that India's youthful economy and evolving entrepreneurial ecosystem are poised for significant wealth creation across various segments. This list encapsulates a pivotal shift, where young Indian founders are demonstrating a propensity to launch ventures earlier, scale them more rapidly, and infuse a global perspective into their operations, thereby reshaping industries and bolstering India's international economic footprint.

Loading...
Loading...

You may also like...