HURUN INDIA
Hyderabad emerges as luxury market to watch with surge in rich list
In 2012, there were only three entrants from Hyderabad on the Hurun Rich list. Fast forward to 2023, and that number has surged to 87, attracting brands like Sabyasachi Mukherjee and Rahul Mishra. Radisson Collection and Hansgrohe India expand here. Q1 2024 saw a 28% upscale growth. Fashion sales rise, notes Malvika Poddar. Banjara Hills welcomes VRK by Khanna Jewellers. Anas Rahman Junaid and Nikhil Sharma highlight the market’s potential.
India tops China in billion-dollar realty companies
India's real estate sector has surged, boasting 36 homegrown companies valued at $1 billion or more, surpassing China in this regard. The growth, outlined in the 2024 GROHE-Hurun India Real Estate 100 report, highlights the sector's robust expansion driven by urbanization, infrastructure development, and shifting consumer preferences. Leading the pack is DLF with a valuation of ₹2 lakh crore, followed by Macrotech Developers and Adani Realty. Mumbai leads with 33 companies on the list, underscoring India's thriving property market amid significant global contrasts in real estate fortunes.
DLF chairman Rajiv Singh leads wealth rankings in 2024 GROHE-Hurun report on India's real estate titans
The 2024 GROHE-Hurun report unveils India's top real estate entrepreneurs and companies, highlighting significant wealth increases and company valuations. DLF Chairman Rajiv Singh leads with Rs 1,24,420 crore, followed by Mangal Prabhat Lodha of Macrotech Developers and Gautam Adani of Adani Realty. The report, based on May 31, 2024, data, also ranks DLF as the top-valued company at Rs 2 lakh crore, with Macrotech Developers and IHCL securing high valuations in the real estate sector.
India outshines China with 36 real estate companies valued at over a billion dollars
India has surpassed China in the global real estate sector with 36 billion-dollar companies, a significant increase from just 7 six years ago. Mumbai leads with 33 companies, followed by Bengaluru and New Delhi. DLF is the most valuable, with Adani Realty entering the top 10. The sector's growth is driven by urbanization and infrastructure development, with 86% of companies increasing in value. The top 100 companies are valued at $171 billion, exceeding the combined GDP of Oman and Sri Lanka.
Fintech sector will dominate future Unicorns at USD 58 billion: Hurun report
The total worth of India's future unicorns will stand at USD 58 billion, an increase of 1.2 per cent as compared to last year. Fintech sector leads with the highest number of companies that can become Unicorns in future.
Peak XV Partners most active investor in India: Hurun report
Peak XV is the most active investor in Indian startups with investments in 47 entities, according to the ASK Private Wealth Hurun India Future Unicorn Index 2024. Accel follows Peak XV with investments in 25 companies poised to become unicorns.
Seeking personal and professional growth? Mamaearth's Ghazal Alagh shares her secrets
Mamaearth co-founder Ghazal Alagh emphasizes the importance of stepping out of one's comfort zone to achieve growth. In a recent social media post, she shared that facing discomfort and overcoming fear has made her more confident, resilient, and determined. Alagh also highlighted the lessons she learned from her children, such as finding joy in simple things and staying curious.
Dons of Dalal Street: Upstox Co-founder Shrini Viswanath’s first bet was a US stock
Shrini Viswanath, co-founder of Upstox, shares his journey from Wall Street to founding Upstox, emphasizing perseverance and finding guidance in autobiographies. He says: "Entrepreneurship is more like raising a child where it is a lifelong commitment. " He also says that he prioritizes fitness, reading, and IT support at home.
India is getting billionaire-raising
Mumbai overtakes Beijing as Asia's billionaire hub, fueled by post-Covid market surge. Indian market outperforms China, attracting global wealth interest. Indian billionaires poised to expand globally for significant wealth accumulation.
Mumbai beats Beijing to emerge as the new billionaire hub of Asia, Hurun Research's list shows
Mumbai has become Asia's leading billionaire hub, surpassing Beijing for the first time, according to Hurun Research's 2024 Global Rich List. The financial capital of India now has 92 billionaires, edging past Beijing's 91. This places Mumbai third globally in terms of billionaires, with New York leading with 119 and London with 97.
More Indians in global rich list as Chinese slip, Europeans lag
Hurun's Rupert Hoogewerf discusses the wealth disparities among Indians, Chinese, and UK individuals. He emphasizes the confidence of Indian businessmen and the growth in the number of affluent individuals on the Hurun India Rich List.
More Indians scale Mt Rs 1,000 cr as Chinese slip, Europeans lag
According to the Hurun India Rich List 2023, there are 1,319 individuals with wealth over Rs 1,000 crore in the country, marking an increase of 216 individuals and 278 new entrants. This is the first time the list has surpassed the 1,300 mark, recording a 76% increase over the last five years.
Hurun India 500: Industrial products lead new entrants, financial sector close behind
The list is compiled according to market capitalization for listed companies and valuations for non listed companies. The threshold to qualify for the list is Rs. 6,700 crore, up by 13% since last year.
Hurun comes out with new rankings of India's most aspirational and successful companies
The 500 companies in the list collectively have a valuation of Rs 231 lakh crore, which "surpasses the GDPs of numerous prominent nations". These entities are spread across 44 cities and towns, up from 36 in last year's list.
Zepto founders top Hurun India's list of 'Top 100 under 30'
Quick commerce app Zepto's founders Kaivalya Vohra (21 years) and Aadit Palicha (22 years) were on top of the Hurun India's inaugural edition of the 'Hurun India Top 100 Under 30 List 2023' showcasing 100 Indian entrepreneurs aged 30 years and below.
Bengaluru biggest hub for most valued companies started by self-made entrepreneurs: Report
A majority 129 such industry leaders are from the Karnataka capital, which is ahead of Mumbai (78), and Gurugram and New Delhi (49), as per a report by Hurun India.
D-Mart's Radhakishan Damani tops Hurun self-made entrepreneurs list, Flipkart founders at second position
With a market cap of Rs 2,38,188 crore, Damani secured the first position. Meanwhile, Flipkart's Binny and Sachin Bansal closely followed on this prestigious list clinching the second position.
Not just businesspersons, professional CXOs are also joining the road to philanthropy
The Edelgive Hurun India Philanthropy List 2023 released recently showed that AM Naik, Chairman Emeritus L&T, was one of India’s most generous professional managers. He has donated over Rs 150 crore.
HCLTech founder Shiv Nadar tops Hurun Philanthropy List 2023; donates over Rs 2,000 crore in FY23
Wipro founding chairman Azim Premji (78) and family came second with a donation of Rs 1,774 crore and the third spot was retained by Reliance Industries chairman Mukesh Ambani and family with a donation of Rs 376 crore.
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