Thursday, September 8, 2016

The Richest Entrepreneur Under 40 in Hurun's India Rich List for 2016.

BENGALURU: Paytm founder Vijay Shekhar Sharma's wealth surged by 162% in the past one year, making him the richest entrepreneur under 40 in Hurun's India rich list for 2016.
Sharma is worth about Rs 7,300 crore, up from Rs 2,824 crore a year earlier. The rise in wealth can be attributed to Chinese e-commerce behemoth Alibaba investment in the company and subsequent funding rounds that have raised Paytm valuation. Sharma holds about 21% stake in the company.
After Sharma, Indigo co-founder Rakesh Gangawal has seen the biggest increase in wealth of more than 150%. His wealth stood at Rs 15,900 crore, thanks to the share price performance of the airline post its IPO last year. 





Anas Rahman Junaid, MDIndia of Hurun Report, a monthly magazine that focuses on high net-worth individuals in China and India, said subdued investor interest in e-commerce and online businesses had reduced valuations of e commerce unicorns in 2016. Several mutual funds with holdings in Flipkart have lowered the valuations of those stakes in the past few months 




Bhavish Aggarwal of Ola, the youngest in the list at 30, is worth Rs 3,000 crore, up from Rs 2,385 crore in last year's list. His co-founder Ankit Bhati is no longer in the list, which looks at those with wealth of Rs 1,600 crore and more. Last year, Bhati's wealth was exactly the same as Aggarwal's. Hurun's Junaid said Bhati does not have as much stake as Aggarwal does at present.

Disclaimer: - Following article come from ET

11 comments:

  1. Hello, extremely fascinating article. My sister and I have been looking to find thorough tips about this type of stuff for a time, yet we could not until now. Do you consider you can create several youtube videos concerning this, I do believe your web blog will be far more thorough if you ever did. In any other case, oh well. I’m going to be checking on this web-site within the forseeable future. Email me to maintain me up to date. small business marketing agency

    ReplyDelete
  2. Exactly what you’re just saying entirely authentic. Actually , i know in which will have to the same, however , I simply think you put it in a fashion that everybody is able to comprehend. Also i like the images you spend at this point. They can fit consequently perfectly with what you are telling. Instant messaging certainly you may get to many people in what you have need to say. Workplace Systems

    ReplyDelete
  3. Hey There. I found your blog using msn. This is a very well written article. I’ll be sure to bookmark it and return to read more of your useful info. Thanks for the post. I’ll definitely return. Big Chief Carts

    ====
    botox can be very helpful with skin wrinkles and it can also help treat bruxism:: 토토사이트추천

    ReplyDelete
  4. Not what I was thinking when I heard it was about ballet #scaredofswansnow 메이저놀이터

    ReplyDelete
  5. It’s nearly impossible to find knowledgeable men and women during this topic, however you sound like do you know what you’re discussing! Thanks 우리카지노


    --------------------------------------------------------



    Hello! I simply would like to give you a massive thumbs up for the wonderful information you’ve got here about this post. I will be returning to your site for more soon. 엔트리파워볼

    ReplyDelete
  6. dancing is my passion and and i enjoy being enrolled in a dance class to improve my skills“ 먹튀사이트

    ReplyDelete
  7. i always look for laptop reviews on the internet before buying a new one,; 토토사이트

    ReplyDelete
  8. I do believe all of the ideas you have introduced on your post. They’re really convincing and will definitely work. Nonetheless, the posts are very quick for beginners. Could you please lengthen them a bit from next time? Thank you for the post. marketing agency

    ReplyDelete
  9. I advise to you to come on a site where there is a lot of information on a theme interesting you. Will not regret. pinterest virtual assistant services

    ReplyDelete
  10. over the internet,Their own girlfriend to be able replacing shirts, clothing fashion, gear, talked about the sourcing cost of developing overpriced; a person wii fact yet it’s besides a lady’s perfect customer’s segment. marketing manager research

    ReplyDelete
  11. Thank you finding the time to discuss doing this, I believe powerfully concerning it as well as really enjoy reviewing more to do with this process subject matter. Whenever prospective, whilst you attain understanding, exactly what musings posting to your trusty weblog in also material? This is used by i am. legendary fish locations

    ReplyDelete