Hurun India claims that Zomato CEO Deepinder Goyal is now the country's second-largest self-made entrepreneur after the company's valuation skyrocketed by 190 percent to Rs 2, 51,900 crore. Rivals Sriharsha Majety and Nandan Reddy of Swiggy are right behind Deepinder.

According to Hurun, Swiggy's valuation, which went public earlier this year, has increased by 52 percent in the past year to beyond Rs 1 lakh crore.

The founder of Avenue Supermarts, Dalal Street legend Radhakishan Damani, continues to top the IDFC FIRST Private & Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2024 list with a company valuation of Rs 3.4 lakh crore, a 44 percent increase over the previous year.

With a valuation of Rs 99,300 crore, MakeMyTrip co-founders Deep Kalra and Rajesh Magow soared into fourth place.

The chairman and managing director of Max Healthcare Institute, Abhay Soi, is ranked fourth on the list with a valuation of Rs 96,100 crore. By applying his knowledge, he got JP Morgan to fund the establishment of Radiant Life Care, which helped revitalize Nanavati Hospital in Mumbai and Dr. BL Kapur Memorial Hospital in Delhi. In 2019, South Africa-based Life Healthcare sold a 49.7 percent share of Max Healthcare to Radiant Life Care, which was supported by KKR.

This year's top 10 includes Policybazaar founders Yashish Dahiya and Alok Bansal, whose valuation of Rs 78,600 crore is a 128 percent growth over the previous year. Hurun said their revenue has increased by 36 percent throughout that time.

Co-founders Bhavit Sheth and Harsh Jain of Dream11, Nikhil and Nithin Kamath of Zerodha, Harshil Mathur and Shashank Kumar of Razorpay, and Falguni Nayar of Nykaa are also listed.

“With a total business value of $431 billion, or a quarter of the value of India's 200 Most Valuable Family Businesses, the report highlights the remarkable impact of self-made entrepreneurs on the country's economy,” says Anas Rahman Junaid, MD, Chief Researcher, Hurun India.

This is even though these businesses were founded within the last 24 years, as opposed to the 69-year average age of the latter.