Page 9 - Avendus Huran Flipbook 2026

Generational breakdown

Top represented cities by Uth of first-gen founders and

series entrepreneurs next-gen leaders

Bengaluru leads with Family-run enterprises no longer the main story.
109 entrepreneurs Much larger wave of self-made founders

U30 (7), U35 (54) and
U40 (48)
Out of 436 leaders in the Uth Series,
349 (~80%)

are first-generation
Mumbai follows with entrepreneurs
87 entrants

driven by a strong
U40 cohort (43) Second-generation Third-generation
entrepreneurs entrepreneurs
37(8.5%) 36 (8%)

New Delhi
stands third with
45 entrants

San Francisco adds
an international dimension with
18 entrants,
reflecting the global footprint
of India’s growing pool of
business leaders

Uth Series 2025 • First Principles | 07