India has a number of young millionaires, many of whom have made their fortunes through entrepreneurship and innovation. Following are a few of the Youngest millionaires in India:
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Youngest Millionaires in India
- Kaivalya Vohra Zepto Founder
- Aadit Palicha Zepto Founder
- Bhavish Aggarwal Ola Cabs Founder
- Ritesh Agarwal OYO Rooms Founder
- Sachin Bansal Flipkart and Navi Group Founder
- Vijay Shekhar Sharma Paytm Founder
- Nikhil Kamath Zerodha Founder
Kaivalya Vohra
Net Worth: INR 1,000 Cr
Companies Founded: Zepto, Kirana Kart
Education: Stanford University dropout
Kaivalya Vohra is one of the youngest millionaires in India. He has achieved significant success with his online grocery platform Zepto, which is currently valued at $900 million. Founded in 2021 with Mumbai-based, Zepto has a presence in ten major cities throughout the country, employing over 1000 people and delivering items to Indian households in less than 10 minutes.
Aadit Palicha
Net Worth: INR 1,200 Cr
Companies Founded: Zepto, Kirana Kart
Education: Stanford University dropout
Aadit Palicha is one of the co-founders of Zepto, an online grocery platform with its foothold in 10 major cities throughout the country. 19 years old and Stanford University dropout, Palicha launched Zepto in 2021 with his partner Kaivalya Vohra with a goal of transforming the Indian grocery chain. A self-established and youngest millionaire in India, Palicha with his partner built an effective business strategy and a chain of highly optimized distribution hubs with strong technological skills.
Bhavish Aggarwal
Net Worth: INR 7,500 Cr
Company Founded: Ola Cabs
Education: B.Tech from IIT Bombay
Bhavish Aggarwal is an Indian entrepreneur, one of the youngest millionaires in India & the co-founder of Ola Cabs, the largest ride-hailing company in India. He launched Ola in Bengaluru in 2011 alongside Ankit Bhati who himself is another young self-made millionaires. For many Indians, Ola Cabs marked a key milestone in their pursuit for convenient, economical and pleasant rental transportation. Aggarwal was listed among Time magazine’s 2018 list of the 100 Most Influential People. In 2017, he also established Ola Electric as a fully-owned subsidiary of ANI Technologies, the company that operates Ola Cabs.
Also read: Sandeep Aggarwal, the founder of two successful Indian Start-ups.
Ritesh Agarwal
Net Worth: INR 4,672 Cr
Company Founded: Oyo Rooms
Education: College dropout
Ritesh Agarwal founded Oyo Rooms when he was around 20 years old. One of India’s biggest hotel and hospitality firms, it was launched in 2012 and has a market value of INR 4,157 Cr. Ritesh Agarwal, who is one of the youngest millionaires in India, has been honored by the International Hospitality Institute with a spot on the Global 100 in Hospitality and is included in Forbes’ list of Asia’s 30 under 30.
Sachin Bansal
Net Worth: INR 8,848 Cr
Company Founded: Flipkart
Education: B.Tech from IIT Delhi
Sachin Bansal is an Indian businessman and the co-founder of Flipkart, one of the largest online merchants in India. Flipkart was founded in 2007 by him and Binny Bansal and was valued at $20.8 billion in 2018. Bansal served as chairman and CEO of Flipkart for more than 11 years. Sachin Bansal in his early 40s is also appointed as the managing director of the financial company, Navi Group.
Vijay Shekhar Sharma
Net Worth: INR 11,700 Cr
Company Founded: Paytm
Education: B.Tech from Delhi College of Engineering
Vijay Shekhar Sharma is an Indian technology businessman and one of the youngest millionaires in India who founded Paytm in 2010. Based in Noida, Paytm is an Indian provider of financial services and digital transactions. Sharma is an established active investor who has backed several technological companies and firmly believes in the potential of cutting-edge technology.
Nikhil Kamath
Net Worth: INR 17,500 Cr
Company Founded: Zerodha
Education: High school dropout
Nikhil Kamath is the co-founder of Zerodha, which he founded in 2010 alongside his brother Nithin Kamath. He is an experienced trader, entrepreneur, and investor who is among the youngest self-made millionaires in India. After developing his trading and stock market skills, he started Zerodha which is an institutional brokerage company and trading platform based in India.
These people are among the Youngest Millionaires in India and have achieved significant success in their respective fields. Regardless of their age, they have shown a strong commitment to innovation and entrepreneurship and have been able to launch successful ventures that have propelled India’s economic progression.
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