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CosmicTaco

Indian Startup Founders Reap Billion-Dollar Fortunes

  • The rise in market cap of companies like Zomato, Policybazaar, and MamaEarth has paved a promising path for Indian startups aiming to go public.
  • Zomato co-founder Deepinder Goyal recently joined the billionaire club as his company's market cap crossed Rs 2,00,000 crore ($24 billion).
  • Nykaa’s Falguni Nayar and her family hold over 50% of the company, with a collective worth of over $3.25 billion.
  • Veteran entrepreneur Sanjeev Bikhchandani's shares via Info Edge are valued at $3.24 billion, making him a significant player.
  • Despite challenges, founders like Paytm’s Vijay Shekhar Sharma and PolicyBazaar’s Alok Bansal continue to hold substantial stock values, highlighting the lucrative potential of Indian startups.

Source: Entrackr - tinyurl.com/2do9kuy3

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