21 and 22 year-old boys top 2024 Hurun India Rich List of youngest entrepreneurs. Net worth: ₹ 3,600 cr and ₹ 4,300 cr respectively

News Network
August 29, 2024

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21-year-old Kaivalya Vohra and 22-year-old Aadit Palicha of quick-commerce startup Zepto with net worth of Rs 3,600 crore and Rs 4,300 crore respectively have topped the 2024 Hurun India Rich List showcasing the youngest entrepreneurs in the country. 

The list, released on Thursday, had SG Finserve’s Rohan Gupta & Family, 25, on the third spot with a wealth of Rs 1,300 crore followed by 26-year-old Shasvat Nakrani of BharatPe (Rs 1,300 crore). 

OYO’s Ritesh Agarwal, 30, with a net worth of Rs 1,900 core; Alakh Pandey, 32, of Physics Wallah with Rs 4,500 crore in wealth were also on the list. Razorpay’s Harshil Mathur and Shashank Kumar, both 33, were the richest in the ‘Hurun India Rich List – Youngest’ with each having a net worth of Rs 8,700 crore. 

“These individuals are driving change across various industries, reflecting the growing impact of India’s youth in business,” the report said. 

52 entrepreneurs on this year’s list were founders of 29 unicorns and two founders of gazelles, defined as most likely to ‘go unicorn’ within two years. Moreover, the cumulative wealth of Indian unicorn and gazelle listers on the rich list increased by 5 per cent to Rs 2.85 lakh crore. 

Meanwhile, this year’s list reported India’s billionaire count hitting 334, topped by Gautam Adani and family with 95 per cent growth in wealth to Rs 11.6 lakh crore followed by Rs 10.14 lakh crore net worth of Mukesh Ambani and family, Rs 3.14 lakh crore of Shiv Nadar and family, Rs 2.89 lakh crore of Cyrus S Poonawalla and family, and Rs 2.49 lakh crore of Sun Pharmaceutical Industries’ Dilip Sanghvi. 

“India is emerging as Asia’s wealth creation engine! While China saw a 25% decline in its number of billionaires, India experienced a 29% increase, reaching a record 334 billionaires,” said Anas Rahman Junaid, Founder and Chief Researcher, Hurun India. 

The list found 1,539 individuals across 134 cities with a net worth of Rs 1,000 crore. The cumulative wealth of individuals, according to the list, jumped by 46 per cent. Moreover, 1,334 individuals saw their wealth increase or stay the same, of which 272 are new entrants, while 205 recorded a drop in their wealth. 

The report said India minted a new billionaire every five days last year.

Sector-wise, industrial products had 142 individuals from the list while pharmaceuticals had 136 individuals. Chemicals, software, and real estate were other top sectors with 127, 105, and 91 rich individuals from this year’s list. 

“The pivot in the Indian economy from a services-led to a manufacturing-led model is reflected in the 2024 Hurun India Rich List. Industrial products sector entrepreneurs on the list have seen a remarkable 47% CAGR in their cumulative wealth over the past five years—the highest among all sectors,” said Junaid. 

This shift, he said, is fueled by several key factors, including the central government’s significant increase in capital expenditure on infrastructure development, which has risen to $133.3 billion for FY2024-25, marking an 11.1 per cent jump from the previous year.  

“Additionally, India attracted substantial foreign direct investment (FDI), with total inflows reaching US$17.96 billion in FY2023-24.” 

Mumbai with 386 individuals followed by New Delhi with 217 individuals were home to rich listers this year. Bengaluru (100), Chennai (82), Kolkata (69) were other top cities.

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News Network
May 14,2025

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Border Security Force (BSF) jawan Purnam Kumar Shaw who was in Pakistan’s custody since April 23, has been handed over to India. The BSF said in a statement that Shaw was handed over to India at 10:30 am through the Attari border check post in Amritsar. 

BSF stated that Shaw is being debriefed after his handover. 

The handover was conducted peacefully and in accordance with established protocols, said the force. 

"With the consistent efforts of BSF through regular flag meetings with Pakistan rangers and through other communication channels, the repatriation of BSF constable has become possible," said BSF. 

Shaw, a jawan of the 182nd Battalion, was detained by the Pakistan Rangers after he inadvertently crossed the International Border near Punjab’s Ferozepur. 

The jawan on duty was stationed near the border fence. He was in uniform and was carrying his service rifle, when he moved towards a shaded area for some rest. In doing so, he had crossed into Pakistani territory, where he was apprehended by the Pakistani Rangers. 

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News Network
May 10,2025

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In a significant escalation of hostilities, the Indian Army has reported that Pakistan targeted critical civilian infrastructure, including hospitals and school premises, in Srinagar, Awantipur, and Udhampur. This incident marks a severe breach of international norms, with Pakistan's actions drawing widespread condemnation.

Details of the Attacks

Wing Commander Vyomika Singh, during a press briefing, said that Pakistan's military launched attacks on Indian Army hospitals and educational institutions in these regions. The targeted facilities are located within or near military airbases, raising concerns about the deliberate targeting of civilian infrastructure. The attacks have resulted in significant damage to these establishments, though specific casualty figures are yet to be confirmed.

Indian Army's Response

The Indian Army has termed these actions as "unacceptable" and a direct violation of international humanitarian law. In retaliation, India has initiated "Operation Sindoor," a series of strikes targeting Pakistani military bases and terrorist infrastructure. The operation aims to dismantle terror networks operating from across the border and to send a strong message against such provocations.

The international community has expressed grave concern over the escalation. The United Nations has called for maximum restraint from both nations to prevent further deterioration of the situation. Countries like the United States, Russia, and China have urged India and Pakistan to engage in dialogue and de-escalate tensions.

As of now, the situation remains tense. Both nations have mobilized additional troops along the Line of Control (LoC), and airspace in the affected regions has been restricted. Civilians in the targeted areas have been advised to stay indoors, and emergency services are on high alert to respond to any further incidents.

This development marks a significant turning point in the ongoing India-Pakistan tensions, with the targeting of civilian infrastructure raising the stakes of the conflict. The coming days will be crucial in determining the trajectory of relations between the two nuclear-armed neighbors.

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April 30,2025

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Mangaluru, April 30: The victim of the tragic mob lynching in Mangaluru, 36-year-old Ashraf, was assaulted for nearly two hours before his body was abandoned at the crime scene, according to sources. The incident took place near a local cricket match venue in Kudupu on April 28. The exact motive behind the attack remains under investigation. Ashraf had suffered multiple severe internal injuries, which led to his death.

Ashraf, originally from Pulpalli village in Sultan Bathery taluk, Wayanad district, Kerala, had been living in Mangaluru for the past month as a manual labourer. 

He was known to have a mild mental disability, which had caused him to wander around different areas. Abdul Jabbar, Ashraf’s brother, confirmed that Ashraf was unmarried and had no affiliations with any organization. "We had been treating his health issues for years, but his condition never fully improved," Jabbar shared. 

Despite his mental health challenges, Ashraf frequently visited family in Kerala and maintained regular contact with his brother, who provided him with essentials, including a mobile phone.

The police had initially registered the incident as an unnatural death under suspicious circumstances. However, following the autopsy, the case was reclassified as mob lynching after it was confirmed that Ashraf died from internal injuries caused by strong blows, compounded by shock and the lack of medical intervention.

In connection with the incident, 20 men have been arrested so far, with 25 suspects believed to be involved. The first person to assault Ashraf is thought to be 26-year-old autorickshaw driver T Sachin from Kudupu. Police have invoked several sections of the Bharatiya Nyaya Sanhita (BNS) related to mob violence and culpable homicide. Investigations are ongoing, with authorities collecting witness statements, CCTV footage, and mobile tower data to identify additional suspects.

Abdul Jabbar has assured full cooperation with the police as they continue to investigate the horrific attack.

‘Attempt to cover up’

Meanwhile, the Dakshina Kannada district committee of CPI(M) has accused the Mangaluru City Police Commissionerate of deliberately attempting to cover up the mob lynching. The committee claims that the FIR (First Information Report) filed in this case serves as strong evidence of the police’s efforts to obscure the truth.

“The news of the incident reached the Vamanjoor Police Station within an hour of the incident. Five hours later, police arrived at the crime scene, where they found the brutalized body of the victim. By this time, the details of the incident were clear to the police, and the news had also reached Mangaluru Police Commissioner Anupam Agrawal,” it said.

CPI(M) district secretary Muneer Katipalla alleged that the police apparently tried to weaken and possibly cover up the case due to various factors. Ravindra Nayak, a prominent BJP leader, and Manjunath, both believed to be key figures in the local political circles, are reportedly connected to the attack. The incident drew national attention, and the police were reportedly concerned that the case would cause embarrassment if it became widely known.

As part of the cover-up, Manjunath, who is said to have played a pivotal role in the mob lynching, allegedly filed a report stating that the unidentified body had been found. Despite being fully aware of the details, the police issued a lookout notice, falsely claiming that the victim may have died from falling due to intoxication or a scuffle, with only superficial injuries on his body, said Mr. Katipalla, who believes this was an effort to exonerate the real culprits and avoid further embarrassment for the local authorities.

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