After a groundbreaking 2023 filled with innovation and resilience, the spotlight now turns to the ‘IDFC FIRST Private & Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2024’. These visionaries are not just building businesses; they’re crafting enduring legacies. Here's who made it to the Top 10 in 2024. Click HERE to access the full report:https://lnkd.in/gT9DrUf5 Anas Rahman Junaid HURUN INDIA IDFC FIRST Bank Vikas Sharma DMart - Avenue Supermarts Ltd Zomato Deepinder Goyal Swiggy Sriharsha M. Nandan Reddy MakeMyTrip Max Healthcare Yashish Dahiya Policybazaar.com Bhavit Sheth Dream11 Nithin Kamath Nikhil Kamath Zerodha Harshil Mathur Razorpay Falguni Nayar
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“Ye Sab Doglapan hai!" Ashneer Grover, the former co-founder and CEO of BharatPe, stirred up memes and controversies with his bold statements in Shark Tank Season 1. But do you know the backstory of this business tycoon? Born in 1985 in Chandigarh, India, Grover started his career in finance, using his education and work experiences to navigate the financial world's complexities. Early on, he held various roles, gaining insights into market trends and investment strategies. Drawing from his finance background, Grover identified a gap in the digital payments sector, seeing the potential for innovative solutions to streamline transactions for small businesses. In 2018, he co-founded BharatPe, driven by his vision to democratize digital payments for small merchants across India. His transition from finance to entrepreneurship highlights his adaptability, foresight, and commitment to solving real-world challenges. Despite facing both successes and controversies, he built BharatPe into a billion-dollar company in just three years. Even after his tumultuous exit from BharatPe, Grover remains confident in his ability to create value and lead successful ventures in the future. ➡️ So, what insights can we take from Ashneer Grover's journey? - His story underscores the importance of humility and collaboration in navigating the complexities of entrepreneurship. - His experience highlights the need for strategic decision-making and effective communication within teams to ensure sustainable growth and success. - Grover's story serves as a reminder of the importance of maintaining integrity and ethical conduct in business dealings, as reputation and trust are invaluable assets in the entrepreneurial journey. He exemplifies the power of entrepreneurship to drive positive change, as he continues to inspire others with his resilience, strategic vision, and unwavering dedication to reshaping India's fintech landscape. For more inspiring stories, follow Gliped! #Personalbranding #Storytelling #story #business #globalicon #success #founder #CXO #Ashneergrover #Bharatpe #sharktank
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Unveiling the Journey of Ashneer Grover, the Visionary Behind BharatPe 🌟 Meet Ashneer Grover: The Visionary Behind BharatPe 🌟 Every great company starts with a bold vision and an even bolder individual who dares to dream. Today, we're thrilled to kick off our series of inspiring founder stories with the incredible journey of Ashneer Grover, the mastermind behind BharatPe. 🚀 The Beginning: Ashneer Grover's journey into the world of entrepreneurship began long before BharatPe became a household name. With a stellar educational background, including an IIT Delhi and IIM Ahmedabad education, Ashneer started his career in the corporate world. His diverse experiences at companies like Kotak Investment Banking, American Express, and Grofers laid the foundation for his entrepreneurial ambitions. 🌟 The Vision: In 2018, Ashneer co-founded BharatPe with a mission to revolutionize the fintech landscape in India. He envisioned a platform that would empower small merchants and kirana store owners by providing them with seamless digital payment solutions. His goal was clear: to make financial services accessible to the underserved segments of the market. 💡 Innovative Approach: BharatPe's success can be attributed to Ashneer's innovative approach and relentless drive. By introducing a single QR code for all payment methods, BharatPe simplified transactions for millions of merchants across India. Ashneer's focus on providing working capital loans to small businesses further cemented BharatPe's position as a game-changer in the fintech industry. 📈 Growth and Impact: Under Ashneer's leadership, BharatPe witnessed exponential growth, becoming one of India's leading fintech platforms. With over 8 million merchants onboard and counting, BharatPe has transformed the way small businesses operate, offering them financial inclusion and growth opportunities. 💬 Words of Wisdom: Ashneer Grover's journey is a testament to the power of vision, innovation, and perseverance. His advice to aspiring entrepreneurs: "Believe in your vision, stay resilient, and always prioritize solving real problems for your customers." Join us in celebrating Ashneer Grover's remarkable journey and the impact of BharatPe on the Indian fintech ecosystem. Stay tuned for more inspiring founder stories that fuel your entrepreneurial spirit! #FounderStories #AshneerGrover #BharatPe #Entrepreneurship #Inspiration #Fintech #StartupJourney
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HURUN INDIA in association with IDFC FIRST Bank recently released a list of India's Top 200 Self-Made Entrepreneurs of the Millennia list for 2024. Key Highlights: 1) Dmart's Radhakishan Damani got number 1st spot, since Dmart grew by 44% registering a valuation of INR 3,42,600 Crores. 2) Zomato's Deepinder Goyal got 2nd spot being Zomato's market cap INR 2,51,900 Cr. 3) Swiggy's Sriharsha M. & Nandan Reddy got 3rd spot with their equity value worth INR 1,01,300 Cr. 4) MakeMyTrip's Deep Kalra & Rajesh Magow got 4th spot with MakeMyTrip's market cap worth INR 99,300 Cr. 5) Max Healthcare's Chairman & MD Abhay Soi got 5th spot with Max_HealthCare's market cap touching INR 96,100 Cr after securing funding from JP Morgan etc. 6) Policybazaar.com's Yashish Dahiya & Alok Bansal got 6th spot with PB_Fintech's market cap worth INR 78,600 Cr. 7) Dream11's Bhavit Sheth & #HarshJain got 7th spot with their equity value worth INR 66,500 Cr. 8) Zerodha's Nithin Kamath & Nikhil Kamath got 8th spot with their equity value worth INR 64,800 Cr. 9) Razorpay's Harshil Mathur & Shashank Kumar got 9th spot with their equity value worth INR 62,400 Cr. 10) Nykaa's Falguni Nayar got 10th spot with Nykaa's market cap worth INR 56,600 Cr. 11) Zepto's Kaivalya V. became India's youngest self-made entrepreneur. Source: HURUN INDIA IDFC FIRST Bank The Economic Times ********** For more such business & political coverages, please follow FrameCRM.com on LinkedIn, Twitter, YouTube, Meta, Snap Inc. & Instagram.
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Ashneer Grover journey is a fascinating blend of grit, ambition, and candidness that has shaped him into one of India’s most talked-about entrepreneurs. → Born in 1982 in Delhi, Ashneer always had an intellectual upbringing with a Chartered Accountant father and a teacher mother. After cracking the IIT entrance, he went on to earn his B.Tech from IIT Delhi and later an MBA from IIM Ahmedabad, making him a force to be reckoned with. → His early career saw him holding high-profile roles, including Vice President at Kotak Investment Bank and CFO at Grofers, before he made a life-changing decision in 2018 to co-found BharatPe. Under his leadership, BharatPe disrupted the Indian fintech landscape and became a giant in the payments sector. → Ashneer’s larger-than-life persona came into the spotlight during his time as a Shark on Shark Tank India, where his brutally honest feedback won hearts—and memes! → Though his career has seen its fair share of controversies, including his exit from BharatPe in 2022, Ashneer bounced back with his new venture, Third Unicorn, alongside his wife Madhuri Jain Grover. From heading billion-dollar startups to navigating public controversies, Ashneer Grover’s unapologetic approach to business and life continues to inspire budding entrepreneurs across India. #AshneerGrover #Entrepreneurship #BusinessLeadership #StartupSuccess #Innovation #Fintech #Leadership #Inspiration #VentureCapital #knowyourworth #valuation
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The Ashneer Grover Story: Disrupting Fintech with BharatPe Ashneer Grover, co-founder and former MD of BharatPe, has left an indelible mark on India's fintech landscape. From Humble Beginnings Born in 1982 in Delhi, Ashneer graduated from IIT Delhi and IIM Ahmedabad. His entrepreneurial journey began with stints at PC Jeweller and Grofers. BharatPe: A Game-Changer In 2018, Ashneer co-founded BharatPe, revolutionizing digital payments for merchants: - Simplified UPI transactions - Zero-fee payment processing - Merchant financing solutions Achievements Under Ashneer's leadership, BharatPe: - Grew to 1 million+ merchants - Processed $10 billion+ in annual transactions - Raised $650 million+ in funding - Valued at $2.5 billion+ Recognition - Forbes 30 Under 30 (2020) - Entrepreneur of the Year (2020) - Economic Times' 40 Under 40 (2020) Key Takeaways 1. Identify market gaps 2. Innovate with simplicity 3. Focus on customer needs Ashneer's journey inspires entrepreneurs, showcasing the power of disruptive innovation. #AshneerGrover #BharatPe #Fintech #Entrepreneurship #Innovation #Leadership
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"Vijay Shekhar Sharma compares Paytm to a daughter, saying, 'She met with an accident and is in the ICU right now,' highlighting the challenges the company is facing. This personal analogy underscores the emotional investment and resilience required in the entrepreneurial journey. #VijayShekharSharma #Paytm #Entrepreneurship #StartupStruggles #TechNews #BusinessChallenges #Resilience #Leadership #DigitalIndia"
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Today, we reflect on the tragic loss of CA Anna Sebastian Perayil, a young professional whose untimely passing has sparked a crucial conversation about the importance of mental health and work-life balance in corporate India. Her story reminds us all that growth should never come at the cost of well-being. At FinViral, we believe in empowering businesses and individuals with tools that promote growth, without compromising on ethics or balance. That’s why we’ve partnered with Razorpay—a platform that not only enables seamless transactions for businesses but also advocates for secure, fair, and transparent operations. 💡 If you're a business owner or professional seeking a reliable payment partner, join Razorpay for a platform that puts your success and well-being first. 🔗 Click here to learn more and sign up: https://lnkd.in/dAqbXWp5 Let’s grow together—ethically and sustainably. #WorkLifeBalance #MentalHealthMatters #EthicalBusiness #Fintech #Razorpay #WorkplaceWellbeing #CAAnnaSebastian #BusinessGrowth #SustainableGrowth #Entrepreneurship #StartupIndia #DigitalIndia #PaymentsMadeEasy #EntrepreneurLife #BusinessOwners #FinancialServices
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Can startups and MSMEs propel India to global dominance? Tonight as part of our #YearEnders on ET Now Leaders of Tomorrow , Swati Bhargava, Co-founder of CashKaro.com & EarnKaro speaks to Ritwika Gupta about the evolution of CashKaro, trends in Indian retail, fintech innovations & the immense contributions of entrepreneurs to India's economic growth & global ambitions. Only on ET Now at 7.30pm! IDFC FIRST Bank
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This Unicorn saw a 115% yearly growth in its revenue, and you probably don’t even know its name! It’s none other than OfBusiness, whose total revenue for FY23 was >INR 15,000 Cr, growing from 7,100 Cr in their previous year - a 115% jump It all started in 2016 when Asish Mohapatra realized the massive potential of the 6.3 crore MSMEs in India. These MSMEs contribute to 33% of the country’s GDP and 50% of the national exports. So Ashish along with Ruchi Kalra, Vasant Sridhar, Bhuvan Gupta and Nitin Jain created an online marketplace where they sold raw materials for manufacturing and infrastructure sectors. Basically creating ‘amazon’ for Suppliers and MSMEs. Through Ofbusiness, they captured the B2B market solving for both Suppliers and the Customers; For the Suppliers → No Transparency: Created marketplace offering transparency on whom are suppliers selling → Payment Delays: Assured timely payment to suppliers backed with solid documentation → Customer Discovery: Gave a wider audience to cater to For the MSMEs → No tracking: Made tracking of shipments extremely convenient → Low funds: Offered unsecured credit at equal or lesser interest rates than the market → Quality questions: Provides quality testing report before the shipment to ensure top quality Apart from this, OfBusiness also owns a separate NBFC named Oxyzo which gives credit to MSME clients. Oxyzo Financial Services in itself is also a Unicorn and has a NPA of 1.02%. While the top 3 Indian banks have an NPA of 1.12-2.78%, mastering underwriting and collection of funds. Spending ‘zero’ on customer acquisition, Ofbusiness is the perfect example of how you can build business with even the thinnest margins. Startups like Ofbusiness are a great example of the impressive innovation and entrepreneurial spirit flourishing in India, even without mainstream media attention. Thoughts? #unicorn #startup #ofbusiness #funding
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