Ola founders youngest on list of super rich indians

1. Ola founders youngest on list
of super-rich Indians

2. Contd..
The new-age entrepreneurship boom in India is being reflected in the ranks of the
wealthiest Indians, with several first-timers entering the super-rich list. The debutants
include Ola founders Ankit Bhati, 28, and Bhavish Aggarwal, 29, who are also the youngest
on the list. With their personal fortunes estimated at Rs 2,385 crore each, the duo are
jointly ranked 238th.While the top spots are occupied by familiar faces, with Reliance
Industries chairman Mukesh Ambani ranked numerouno with a net worth of Rs 1.6 lakh
crore, the list also throws up some surprises. For example, the Indian who posted the
biggest gain in wealth over the past year is reported to be Dhiraj Rajaram, the 40-year-old
founder of Bengaluru-based analytics firm Mu Sigma. Rajaram saw his personal fortune
rise six-fold, to Rs 17,800 crore. His ranking has risen 127 spots to No. 38, according to the
Hurun India Rich List for 2015. There are 76 new faces among the 296 who made it to the
Hurun India Rich List this year, with the cut-off level being personal wealth of Rs 1,600
crore. Apart from Ola's Bhati and Aggarwal, other prominent tech entrepreneurs on the list
include Flipkart's Sachin Bansal, 34, and Binny Bansal, 34, whose estimated wealth of Rs
9,010 crore each puts them at the 85th spot, a rise of 58 positions. Snapdeal's Kunal Bahl,
32, is a new entrant, jumping straight to the 243rd spot with a wealth of Rs 2,314 crore.

3. Contd..
Vijay Shekhar Sharma, 38, of mobile wallet and ecommerce firm Paytm, and
Naveen Tewari, 39, of the mobile ad network InMobi are also new entrants.
Most of these technology and internet companies have raised significant amounts
of private equity capital at substantial valuations over the past year. Flipkart's latest
fund raise valued the firm at $15 billion, and Snapdeal's valued it close to $5 billion.
Most of the new-age startup founders are also exceptional in that they are self-
made; 85% of those in the list are part of family businesses.
“Despite the weakening of the stock market and the rupee, the Hurun India Rich
List expanded by 76 entrepreneurs, showing the resilience and dynamism of the
Indian private sector,“ said Anas Rahman Junaid, India head, Hurun Report. The
Hurun Report was started by researcher Rupert Hoogewerf. The first report, in
1999, was on the rich in China, and Hoogewerf has since been regularly bringing
out a China rich list. The India initiative began two years ago.

4. Contd..
At the top, Mukesh Ambani was followed by Dilip Sanghvi of Sun
Pharma, S P Hinduja & family of the Hinduja Group, Shiv Nadar of HCL,
and Pallonji Mistry of the Shapoorji Pallonji Group. For the first time,
Wipro chairman Azim Premji fell off the top 5 rankings. He's now at the
seventh spot, with his net worth plummeting 59% to Rs 51,900 crore.

5. For details and bookings contact:-
Parveen Kumar Chadha… THINK TANK
(Founder and C.E.O of Saxbee Consultants & Other-Mother
marketingandcommunicationconsultants.com)
Email :-saxbeeconsultants@gmail.com
Mobile No. +91-9818308353
Address:-First Floor G-20(A), Kirti Nagar, New Delhi India Postal Code-110015