{"id":27177,"date":"2023-11-03T13:54:30","date_gmt":"2023-11-03T08:24:30","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=27177"},"modified":"2024-10-24T12:34:47","modified_gmt":"2024-10-24T07:04:47","slug":"youngest-billionaires-in-india-2024","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/","title":{"rendered":"Youngest Billionaires in India 2024"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d459795c4f9\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d459795c4f9\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/#1_Nikhil_Kamath\" title=\"1. Nikhil Kamath\">1. Nikhil Kamath<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/#2_Binny_Bansal\" title=\"2. Binny Bansal\u00a0\">2. Binny Bansal\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/#3_Sachin_Bansal\" title=\"3. Sachin Bansal\">3. Sachin Bansal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/#4_Nithin_Kamath\" title=\"4. Nithin Kamath\">4. Nithin Kamath<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/#5_Vijay_Shekhar_Sharma\" title=\"5. Vijay Shekhar Sharma\">5. Vijay Shekhar Sharma<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/#6_Shamsheer_Vayalil\" title=\"6. Shamsheer Vayalil\">6. Shamsheer Vayalil<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/#7_Ravi_Modi\" title=\"7. Ravi Modi\">7. Ravi Modi<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/#8_Karthik_Sarma\" title=\"8. Karthik Sarma\">8. Karthik Sarma<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/#9_Ranjan_Pai\" title=\"9. Ranjan Pai\">9. Ranjan Pai<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/#10_Radha_Vembu\" title=\"10. Radha Vembu\">10. Radha Vembu<\/a><\/li><\/ul><\/nav><\/div>\n<p>Today we are taking a look at the top 10 youngest billionaires in India, their net worth, their age, their source of wealth, and more. Let&#8217;s start with the youngest billionaire of the country;<\/p>\n<p>&nbsp;<\/p>\n<h4><b><a href=\"https:\/\/kuvera.in\/dl\/v2\/?redirect_to=dashboard-invest\/all\/invest-sip?source=blog\"><img loading=\"lazy\" class=\"alignnone wp-image-29759\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/04\/SIP-banner-1024x256.png\" alt=\"Start SIP on Kuvera\" width=\"600\" height=\"150\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/04\/SIP-banner-1024x256.png 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/04\/SIP-banner-300x75.png 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/04\/SIP-banner-768x192.png 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/04\/SIP-banner-1536x384.png 1536w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/04\/SIP-banner-2048x512.png 2048w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/04\/SIP-banner-150x38.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/b><\/h4>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Nikhil_Kamath\"><\/span><strong>1. Nikhil Kamath<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_27201\" aria-describedby=\"caption-attachment-27201\" style=\"width: 400px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"wp-image-27201\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/nikhil-K-300x225.jpeg\" alt=\"Nikhil Kamath | Youngest Indian self made billionaire \" width=\"400\" height=\"300\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/nikhil-K-300x225.jpeg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/nikhil-K-150x113.jpeg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/nikhil-K.jpeg 640w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-27201\" class=\"wp-caption-text\">Nikhil Kamath | Youngest Indian self made billionaire<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>Net worth: $1.1B<\/strong><\/p>\n<p><strong>Age:\u00a0 37<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>In 2010, Nikhil Kamath co-founded Zerodha, a Bangalore-based discount brokerage, alongside his brother Nithin Kamath. Zerodha quickly disrupted the Indian brokerage market. They also run Rainmatter, a venture capital fund promoting fintech and financial inclusion, and True Beacon, an investment management firm catering to ultra-high net worth investors with a zero-fee model.<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p>Check out the <a href=\"https:\/\/kuvera.in\/blog\/indian-billionaires-hurun-rich-list-2024\/\">new billionaires<\/a> in the Hurun Rich List 2024.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p>Nikhil Kamath achieved billionaire status in 2021 when Zerodha&#8217;s valuation exceeded $1 billion, making him one of India&#8217;s youngest self-made billionaires. His success is attributed to Zerodha&#8217;s growth.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Binny_Bansal\"><\/span><strong>2. Binny Bansal\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_27202\" aria-describedby=\"caption-attachment-27202\" style=\"width: 400px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"wp-image-27202\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Binny-B-300x300.jpeg\" alt=\"Binny Bansal | youngest Indian billionaires \" width=\"400\" height=\"400\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Binny-B-300x300.jpeg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Binny-B-150x150.jpeg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Binny-B-96x96.jpeg 96w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Binny-B.jpeg 416w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-27202\" class=\"wp-caption-text\">Binny Bansal | Co-founder of Flipkart<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>Net worth: $1.4 B<\/strong><\/p>\n<p><strong>Age: 40<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Binny Bansal is an Indian entrepreneur and co-founder of Flipkart, one of India&#8217;s largest e-commerce companies. He and his friend Sachin Bansal (no relation) co-founded Flipkart in 2007.<\/p>\n<p>&nbsp;<\/p>\n<p>The company started as an online bookstore and quickly expanded its offerings to become a comprehensive e-commerce platform.<\/p>\n<p>&nbsp;<\/p>\n<p>Binny Bansal achieved billionaire status in 2015 when Flipkart&#8217;s valuation surpassed $10 billion. In 2018, Walmart acquired a significant 77% stake in Flipkart for a massive $16 billion, marking one of the largest deals in the history of internet firms at that time.<\/p>\n<p>&nbsp;<\/p>\n<p>In July 2023, Binny Bansal sold his remaining 1.8% stake in Flipkart to Walmart in a deal that reportedly valued Flipkart at $35 billion. Binny Bansal is involved as an anchor investor in the venture firm 021 Capital, which focuses on investments in biotechnology, agritech, and internet-related startups.<\/p>\n<p>&nbsp;<\/p>\n<p>His journey as a billionaire entrepreneur has made him a prominent figure in the Indian business landscape.<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p>Wealth for your financial goals from just \u20b9500 per month. <a href=\"https:\/\/kuvera.in\/dl\/v2\/?redirect_to=dashboard-invest\/all\/invest-sip?source=blog\">Start SIP<\/a> now.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Sachin_Bansal\"><\/span><strong>3. Sachin Bansal<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_27203\" aria-describedby=\"caption-attachment-27203\" style=\"width: 400px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"wp-image-27203\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Sachin-B-300x162.jpeg\" alt=\"Sachin Bansal | Youngest Billionaires in India 2023\" width=\"400\" height=\"216\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Sachin-B-300x162.jpeg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Sachin-B-768x415.jpeg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Sachin-B-150x81.jpeg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Sachin-B.jpeg 870w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-27203\" class=\"wp-caption-text\">Sachin Bansal | Co-founder of Flipkart<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>Net worth: $1.3 B<\/strong><\/p>\n<p><strong>Age: 42<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Sachin Bansal is the other partner of the e-commerce Flipakart. They embarked on this entrepreneurial journey with a modest initial investment of $6,000, which they sourced from their combined savings.<\/p>\n<p>&nbsp;<\/p>\n<p>Flipkart quickly expanded its offerings to become a comprehensive online marketplace. After Wal-Mart bought a 77% stake in Flipkart for $16 billion, Bansal cashed out, selling his minority stake for $1 billion.<\/p>\n<p>&nbsp;<\/p>\n<p>His privately held Navi Technologies which offers a range of financial products to middle-class customers has filed a draft red herring prospectus ahead of a proposed IPO.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Nithin_Kamath\"><\/span><strong>4. Nithin Kamath<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_27204\" aria-describedby=\"caption-attachment-27204\" style=\"width: 400px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"wp-image-27204\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Nithin-Zerodha-300x225.jpeg\" alt=\"Nithin Kamath | Youngest billionaires India 2023\" width=\"400\" height=\"300\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Nithin-Zerodha-300x225.jpeg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Nithin-Zerodha-1024x768.jpeg 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Nithin-Zerodha-768x576.jpeg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Nithin-Zerodha-150x113.jpeg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Nithin-Zerodha.jpeg 1200w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-27204\" class=\"wp-caption-text\">Nithin Kamath | Co-founder of Zerodha<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>Net worth: $2.7 B<\/strong><\/p>\n<p><strong>Age: 44<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>In 2010, Nithin \u00a0Kamath co-founded Zerodha, a Bangalore-based discount brokerage, alongside his brother Nikhil Kamath (1st on the list). Zerodha currently has 10 million clients, making it one of the largest brokerage firms in the country.<\/p>\n<p>&nbsp;<\/p>\n<h4><a href=\"https:\/\/www.kuvera.in\/dl\/v2\/?redirect_to=dashboard-invest\/fixed-deposit?source=fd_blog_banner\"><img loading=\"lazy\" class=\"alignnone wp-image-29666 size-full\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2024\/04\/FD-Banner-9.4-03.png\" alt=\"FD Up to 9.40% on Kuvera\" width=\"600\" height=\"150\" \/><\/a><\/h4>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Vijay_Shekhar_Sharma\"><\/span><strong>5. Vijay Shekhar Sharma<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_27205\" aria-describedby=\"caption-attachment-27205\" style=\"width: 400px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"wp-image-27205\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Vijay-shekhar-sharma--300x300.jpeg\" alt=\"Vijay shekhar sharma net worth \" width=\"400\" height=\"400\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Vijay-shekhar-sharma--300x300.jpeg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Vijay-shekhar-sharma--150x150.jpeg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Vijay-shekhar-sharma--96x96.jpeg 96w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Vijay-shekhar-sharma-.jpeg 400w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-27205\" class=\"wp-caption-text\">Vijay Shekhar Sharma | Founder, Chairman, MD of One97 Communications<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>Net worth: $1.00 B<\/strong><\/p>\n<p><strong>Age: 45<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Vijay Shekhar Sharma is an Indian entrepreneur and the founder of Paytm, one of India&#8217;s leading digital payment and financial services platforms.<\/p>\n<p>&nbsp;<\/p>\n<p>Born on July 8, 1978, in Aligarh, Uttar Pradesh, India, Vijay Shekhar Sharma is renowned for his contributions to the Indian fintech industry through Paytm. In August 2018 by getting Warren Buffett&#8217;s Berkshire Hathaway to invest $300 million in Paytm.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Shamsheer_Vayalil\"><\/span><strong>6. Shamsheer Vayalil<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_27206\" aria-describedby=\"caption-attachment-27206\" style=\"width: 400px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"wp-image-27206\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/shamsheer-300x187.jpeg\" alt=\"Shamsheer Vayalil Net worth\" width=\"400\" height=\"250\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/shamsheer-300x187.jpeg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/shamsheer-768x479.jpeg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/shamsheer-150x94.jpeg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/shamsheer.jpeg 1000w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-27206\" class=\"wp-caption-text\">Dr. Shamsheer Vayalil | Founder and Chairman of Burjeel Holding<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>Net worth: $3.6 B<\/strong><\/p>\n<p><strong>Age: 46<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Shamsheer Vayalil is a prominent Indian entrepreneur and the founder and chairman of Burjeel Holdings, a healthcare network comprising hospitals, clinics, and pharmacies located in the Middle East.<\/p>\n<p>&nbsp;<\/p>\n<p>Born into a business-oriented family in the state of Kerala, India, Shamsheer Vayalil pursued his medical studies. After completing his education, he migrated to the Middle East to further his career.<\/p>\n<p>&nbsp;<\/p>\n<p>Under Vayalil&#8217;s leadership, Burjeel Holdings has grown to include 16 hospitals and 24 medical centers, establishing itself as a prominent healthcare provider in the Middle East.<\/p>\n<p>&nbsp;<\/p>\n<p>In October 2022, Burjeel Holdings went public, and this listing significantly boosted Shamsheer Vayalil&#8217;s net worth. The company strategically used Bollywood superstar Shah Rukh Khan as its brand ambassador to enhance its visibility and reputation.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Ravi_Modi\"><\/span><strong>7. <\/strong><strong>Ravi Modi<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_27207\" aria-describedby=\"caption-attachment-27207\" style=\"width: 400px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"wp-image-27207\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/ravi-modi-292x300.png\" alt=\"Ravi Modi Manyavar \" width=\"400\" height=\"411\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/ravi-modi-292x300.png 292w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/ravi-modi-150x154.png 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/ravi-modi.png 400w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-27207\" class=\"wp-caption-text\">Ravi Modi | Founder and MD of Vedant Fashions Private Limited<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>Net worth: $3.3 B<\/strong><\/p>\n<p><strong>Age: 46<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Ravi Modi is an Indian entrepreneur and the founder of Manyavar, a well-known ethnic wear brand in India. He founded Manyavar in 1999 . He has established a vast retail network with 662 stores across 248 cities in India. Additionally, it operates 16 international stores, catering to the global Indian diaspora.<\/p>\n<p>&nbsp;<\/p>\n<p>He sold 10% of his stake in May 2023. This move aimed to increase the company&#8217;s public holding to 25%, in line with the regulations set by the stock market regulator.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Karthik_Sarma\"><\/span><strong>8. Karthik Sarma<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-33769\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Karthik-Sarma-copy.jpg\" alt=\"Karthik_Sarma_Kuvera\" width=\"400\" height=\"400\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Karthik-Sarma-copy.jpg 255w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Karthik-Sarma-copy-150x150.jpg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/Karthik-Sarma-copy-96x96.jpg 96w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<p>Karthik Sarma | Hedge Fund Manager<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Net worth: $2.9 B<\/strong><\/p>\n<p><strong>Age: 48<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Karthik Sarma is an Indian immigrant and accomplished hedge fund manager. He founded SRS Investment Management in 2006 after gaining experience at Tiger Global.<\/p>\n<p>&nbsp;<\/p>\n<p>The fund manages around $10 billion in assets and owns 43% of Avis Budget Group. Karthik has served on Avis&#8217;s board since May 2020, and the stock&#8217;s surge in 2021, driven by plans to add electric vehicles to its fleet, contributed to the fund&#8217;s 35% return.<\/p>\n<p>&nbsp;<\/p>\n<p>Karthik&#8217;s journey from a student at Princeton to a successful hedge fund manager showcases his financial acumen and strategic prowess.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Ranjan_Pai\"><\/span><strong>9. Ranjan Pai<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_27208\" aria-describedby=\"caption-attachment-27208\" style=\"width: 400px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"wp-image-27208\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/ranjabn-300x300.png\" alt=\"Ranjan Pai | Indian billionaires | 100 richest people in India\" width=\"400\" height=\"400\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/ranjabn-300x300.png 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/ranjabn-150x150.png 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/ranjabn-96x96.png 96w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/ranjabn.png 650w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-27208\" class=\"wp-caption-text\">Dr Ranjan Pai | Chairman of the Manipal Education and Medical Group (MEMG)<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>Net worth: $2.8 B<\/strong><\/p>\n<p><strong>Age: 50<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Ranjan Pai is the chairman of the Manipal Group, an conglomerate in education and healthcare. The group comprises 7 universities and 29 hospitals, and its roots trace back to 1953 when his grandfather, T.M.A Pai, established India&#8217;s first privately-owned medical school in Manipal, Karnataka.<\/p>\n<p>&nbsp;<\/p>\n<p>Under Ranjan Pai&#8217;s leadership, the group has seen significant developments, including Temasek&#8217;s acquisition of a 59% stake in Manipal Hospitals in 2023, valuing the chain at $4.6 billion, while Pai retains a 30% stake.<\/p>\n<p>&nbsp;<\/p>\n<p>Pai&#8217;s Manipal Global Education Services has expanded internationally, with campuses in Malaysia, Antigua, Dubai, and Nepal. His portfolio also includes Manipal Cigna Health Insurance.<\/p>\n<p>&nbsp;<\/p>\n<p>Notably, Ranjan Pai has allocated $300 million for startup investments through Claypond Capital, his family office, reflecting his commitment to supporting entrepreneurship and innovation. His achievements and contributions in the fields of education, healthcare, and investments have solidified his status as a significant figure in India&#8217;s business landscape.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Radha_Vembu\"><\/span><strong>10. Radha Vembu<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_27209\" aria-describedby=\"caption-attachment-27209\" style=\"width: 400px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"wp-image-27209\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/radha_vembu-225x300.jpeg\" alt=\"Radha Vembu Zoho\" width=\"400\" height=\"533\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/radha_vembu-225x300.jpeg 225w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/radha_vembu-150x200.jpeg 150w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/11\/radha_vembu.jpeg 450w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-27209\" class=\"wp-caption-text\">Radha Vembu | CEO of Zoho Corporation<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>Net worth: $2.1 B<\/strong><\/p>\n<p><strong>Age: 50<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>The only woman on the list, Radha Vembu\u00a0is a billionaire entrepreneur and businesswoman known for her role in co-founding Zoho Corporation, a multinational technology company specializing in cloud-based software.<\/p>\n<p>&nbsp;<\/p>\n<p>Radha Vembu was born and raised in a family with a strong academic background in Chennai, India. She pursued her education in engineering and holds a bachelor&#8217;s degree in Electrical and Electronics Engineering from the PSG College of Technology in Coimbatore.<\/p>\n<p>&nbsp;<\/p>\n<p>Radha Vembu, along with her brothers Sridhar Vembu and Kumar Vembu, co-founded Zoho Corporation (formerly known as AdventNet Inc.) in 1996. The company was established with the vision of providing cloud-based software solutions to businesses of all sizes.<\/p>\n<p>&nbsp;<\/p>\n<p>Under Radha Vembu&#8217;s leadership, Zoho Corporation has developed a wide range of cloud-based software products and applications, including customer relationship management (CRM) software, office suite software, and other business productivity tools. Zoho&#8217;s software products are used by businesses worldwide.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>The data presented above is updated according to Forbes real time billionaire List as of November 2023.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Interested in how we think about the markets?<\/strong><\/p>\n<p>Read more:\u00a0<a href=\"https:\/\/kuvera.in\/blog\/in-investing-the-simplest-things-are-the-hardest\/\">Zen And The Art Of Investing<\/a><\/p>\n<p><strong>Watch here: <\/strong>Is UPI Killing the Toffee Business?<\/p>\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\"><iframe src=\"https:\/\/www.youtube.com\/embed\/hM0XWNr_1Wo?si=2cRzEVsKct24hsx0\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit\u00a0<a href=\"https:\/\/www.youtube.com\/watch?v=R7g03UwJAT8&amp;utm_source=Blog&amp;utm_medium=Weekly+wrap+22nd+July\" target=\"_blank\" rel=\"noopener\">kuvera.in<\/a> to discover Direct Plans of Mutual Funds and <a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a>\u00a0and start investing today.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>AREVUK Advisory Services Pvt Ltd | SEBI Registration No. INA200005166<\/em><br \/>\n<em>DISCLAIMER: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. The securities quoted are for illustration only and are not recommendatory.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Today we are taking a look at the top 10 youngest billionaires in India, their net worth, their age, their source of wealth, and more. Let&#8217;s start with the youngest billionaire of the country; &nbsp; &nbsp; 1. Nikhil Kamath &nbsp; &nbsp; Net worth: $1.1B Age:\u00a0 37 &nbsp; In 2010, Nikhil Kamath co-founded Zerodha, a Bangalore-based [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/youngest-billionaires-in-india-2024\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":27359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[99,158],"tags":[702,1576,3263,626,2165,3268,3262,3265,3270,3269,3267,1418,3264,3266,2763,86,1423,2164,2235,2236],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Youngest Billionaires in India November 2024<\/title>\n<meta name=\"description\" content=\"Today we are taking a look at the top 10 youngest billionaires in India, their net worth, their age, their source of wealth, and more.\" \/>\n<meta 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