Avendus Wealth - Hurun India Uth Series 2025

Celebrating The Fearless
First Movers Under 30

Today’s founders are younger, faster and bolder. They are building businesses with extraordinary speed and are pushing boundaries in real time. Along the way, they’ve reshaped industries at home and have put India on the global map.

The Avendus Wealth – Hurun India Uth Series celebrates this new wave of founders who embody ambition, innovation and intent. Spanning three age brackets — U30, U35, and U40 — the series captures the spirit of the evolving fabric of entrepreneurship in India.

We begin with the U30 list — a snapshot of India’s youngest and most promising founders. From first-generation disruptors to next-generation business leaders, these individuals are building high-impact ventures, challenging legacy models and paving bold new paths to wealth.

U30 at a Glance

66 out of 79 entrepreneurs are first-generation founders, spotlighting India’s surge of self-made businesses

Devika Gholap (28) is the youngest woman in this year’s U30 cohort and is driving innovation in digital pathology via OptraSCAN

Every entrepreneur in the top 10 is aged 25 or younger

Software products & services dominate the list, with 61% of founders from the industry

Over 64,000 jobs created by these founders, a clear shift from job-seekers to job-creators

An average age of 28 reflects the youthful leadership driving the future

Kaivalya Vohra (22) from Mumbai stands out as the youngest Co-founder this year, behind the rapid rise of the quick commerce startup Zepto

Software products and services emerges as the most represented industry, with 21 entrepreneurs, followed by 12 in consumer goods and 9 in financial services

Collectively, these entrepreneurs have raised USD 5.2 bn in equity and USD 270 mn in debt, highlighting the vitality of India’s startup ecosystem

With 13 years in business, Ananyashree Birla (30), brings the longest entrepreneurial track record to the U30 List

Aravind Srinivas of Perplexity, stands out for his strong digital influence, holding the highest LinkedIn following of 3.8 lakhs

With 23,289 employees, Svatantra Microfin is the U30 cohort’s largest employer

Framing the Conversation

Apurva Sahijwani

Managing Director & CEO, Avendus Wealth Management

One of the most striking shifts we’ve seen in recent years is the changing face of entrepreneurship in India. Today’s founders are starting earlier, scaling faster and bringing a global perspective to everything they do. In the process, they are transforming industries and expanding India’s presence on the world stage. This shift inspired us to create the Uth Series in partnership with Hurun India. The series celebrates a new-age entrepreneurial spirit across three age groups: Under 30, Under 35 and Under 40. We begin this initiative with the Under 30 List, which highlights some of the country’s most promising and youngest leaders. These entrepreneurs are building high-impact ventures and challenging conventional paths to success.

At Avendus Wealth Management, we believe in a multidimensional approach to wealth. Positioned within one of India’s leading financial services firms, our ability to partner across life stages and business cycles has always been at the heart of the Avendus franchise. We work closely with clients across life stages and business cycles, whether it is raising growth capital, structuring credit, accessing capital markets or designing intergenerational wealth strategies.

This initiative goes beyond recognition. It is also an opportunity for us to understand their journeys, their ambitions and the challenges they face. This helps us become better partners to them, going beyond traditional wealth management to support their broader goals. The Under 30 list is just the beginning. The series will continue to unfold into the Under 35 and Under 40 groups, eventually culminating in a deeper report that captures the voices and trends that define India’s next generation of entrepreneurs. We hope their stories resonate with you as strongly as they have with us.

Anas Rahman Junaid

Founder & Chief Researcher, Hurun India

Since 1999, Hurun has championed the spirit of entrepreneurship, while Avendus has been a close witness to the remarkable growth journeys of some of India’s most dynamic companies, and with the Uth Series – especially the U30 – we aim to shine a spotlight on the most driven and inspiring young leaders of our time. These are the founders who are reshaping India’s economic future with bold ideas and sheer determination. It’s incredible to see the maturity and scale that many of them have achieved even before the age of 30.

This year’s U30 List showcases a remarkable shift in India's entrepreneurial landscape, with 66 out of 79 entrepreneurs being first-generation founders. It’s a powerful reminder that in today’s India, it’s not about where you come from, but what you can build. The rise of self-made founders is not just a trend – it’s a movement that’s redefining ambition and access.

About Hurun India

Hurun India was launched in 2012 under the leadership of Anas Rahman Junaid, a graduate of the University of Oxford. Junaid met Rupert Hoogewerf, the founder of Hurun Global, through Oxford, and the duo believed it was the right time to spotlight wealth creation in India, as they saw the country booming. Since then, Hurun India has focused on celebrating the stories of India’s transparent wealth creation, innovation, and philanthropy.

For more information, visit: hurunindia.com

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Methodology

The Avendus Wealth – Hurun India U30 List 2025 features 79 exceptional entrepreneurs in India aged 30 or younger. To qualify, first-generation entrepreneurs must have a minimum business valuation of USD 25 million and those from second-generation backgrounds and beyond require a valuation of at least USD 50 million.

This distinction underscores the accomplishments of young leaders shaping the future of India’s business landscape. Employee figures have been sourced through a combination of company annual reports, credible media coverage, and reputable data platforms.

Disclaimer

This document is for informational purposes only and does not constitute an offer or invitation to purchase or subscribe to any units, securities, investment/stocks, services in any jurisdiction and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Any such offer or invitation to purchase or subscribe for any products or services shall be made solely pursuant to the related documents. This document is a summary only, is not complete and does not claim to contain all information that an investor or potential investor may require for the purposes of making an investment. Potential investors or existing investors should not construe any information contained herein as advice relating to business, financial, legal, taxation or investment matters and any decision to invest should only be made following consultation with the potential investor’s own legal, accounting, tax and other advisors in order to make an independent determination of the suitability and consequences of an investment.

This is not a research report within the meaning of the Securities and Exchange Board of India (Research Analysts) Regulations 2014 as amended from time to time. All data used in the document have been derived from and are dependent upon information obtained from third parties or information available publicly. AWMPL cannot guarantee the accuracy of such information and has not independently verified the accuracy of such information. No representation or warranty (expressed or implied) is made as to, the fairness, accuracy, completeness or correctness of such information or opinions contained herein and nothing contained herein should be relied upon as a promise, representation or indication of the future performance. 

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