Radhakishan Damani overtaken: Eternals Deepinder Goyal top self-made billionaire of 2025
Deepinder Goyal is 42. He set up Zomato and Eternal. According to "IDFC FIRST Private & Hurun India's Top 200 Self-made Entrepreneurs of the Millennia 2025" this young man has emerged as the top self-made billionaire, eclipsing Radhakishan Damani, the supremo Avenue Supermart.
Kolkata: Deepinder Goyal, the 42-year-old founder, chairman and managing director of Eternal, has been ranked as the country's top self-made entrepreneur. His business has recorded a valuation of Rs 3.2 lakh crore, according to the third edition of the "IDFC FIRST Private & Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2025”. This is in fact, a ranking of the country's most valuable companies set up after 2000. And in the process of climbing to the top, Goyal raced ahead of Radhakishan Damani of Avenue Supermart.
Needless to say, Goyal's ascent is attributable to the market value of Eternal. Significantly, the valuation of Eternal jumped 27% over the past one year to reach Rs 3.2 lakh crore. The second place in this list is held by Damani, whose Avenue Supermarts is valued at Rs 3 lakh crore
Indigo tops the list of firms
Significantly, InterGlobe topped the list in both revenue and profits among the 200 companies. The total value of the Top 200 self-made companies rose 15% year-on-year and reached a value of Rs 42 lakh crore. All these companies began their journey after 2000. The valuation of these companies also recorded a jump of Rs 6 lakh crore in one year. The report mentioned that 102 founders and 53 new companies were featured in the list. Also the number of billion-dollar companies stands at 128.
Among the companies that jumped into the top 10 were Paytm that surged by 67% and Lenskart which rose by 60%.
The 2025 list featured 102 new founders and 53 new firms. This has pushed the total number of founders to 406. In 2024, this number was 388. Moreover, 29 of the 53 new companies or 55% are publicly listed. Also 24, or 45%, have originated from the country's startup ecosystem.
Threshold value rises 20%
The 2025 edition of the report underscores a conspicuous fact -- tech-enabled consumer brands have come prominence. Paytm and Lenskart indicate the rise of digital financial services and new-age retail respectively. However, fintech firm Razorpay and stockbroking platform Zerodha have moved out of the Top 10 list. The report has emphasised the fact that the threshold value to move into the Top 10 companies has risen from Rs 56,000 crore in 2024 to Rs 67,000 crore this year -- a rise of almost 20%.