Zomato's Remarkable Growth and Its Impact on the Entrepreneurial Landscape

Deepinder Goyal, the CEO of Zomato, has emerged as India's second-highest valued self-made entrepreneur, according to the latest Hurun India report. Zomato's valuation has surged by an impressive 190% to Rs 2,51,900 crore, reflecting the company's significant market presence and growth trajectory.

Swiggy's leaders, Sriharsha Majety and Nandan Reddy, closely follow at the third spot, with their company's valuation crossing Rs 1 lakh crore post-listing, showcasing a 52% growth over the previous year.

Radhakishan Damani of Avenue Supermarts continues to lead the rankings with a valuation of Rs 3.4 lakh crore, marking a 44% annual increase. Meanwhile, MakeMyTrip co-founders Deep Kalra and Rajesh Magow secured the fourth place with a Rs 99,300 crore valuation.

The Hurun India report highlights the combined business value of these entrepreneurs, amounting to Rs 431 billion, which represents 25% of India's 200 Most Valuable Family Businesses' worth. This underscores the rapid rise and substantial impact of these newer enterprises in the Indian business ecosystem.