Ola founders youngest to make it to the super-rich Indians' list

BENGALURU: The new-age entrepreneurship boom in India is being reflected in the ranks of the wealthiest Indians, with several first-timers entering the super-rich list.The debutants include Ola founders Ankit Bhati, 28, and Bhavish Aggarwal, 29, who are also the youngest on the list. With their personal fortunes estimated at Rs 2,385 crore each, the duo are jointly ranked 238th.

While the top spots are occupied by familiar faces, with Reliance Industries chairman Mukesh Ambani ranked numero uno with a net worth of Rs 1.6 lakh crore, the list also throws up some surprises.

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For example, the Indian who posted the biggest gain in wealth over the past year is reported to be Dhiraj Rajaram, the 40-year-old founder of Bengaluru-based analytics firm Mu Sigma. Rajaram saw his personal fortune rise six-fold, to Rs 17,800 crore. His ranking has risen 127 positions to No. 38, according to the Hurun India Rich List for 2015.There are 76 new faces among the 296 who made it to the Hurun India Rich List this year, with the cut-off level being personal wealth of Rs 1,600 crore. Apart from Ola's Bhati and Aggarwal, other prominent tech entrepreneurs on the list include Flipkart's Sachin Bansal, 34, and Binny Bansal, 34, whose estimated wealth of Rs 9,010 crore each puts them at the 85th spot, a rise of 58 positions. Snapdeal's Kunal Bahl, 32, is a new entrant, jumping straight to the 243rd spot with a wealth of Rs 2,314 crore.

Vijay Shekhar Sharma, 38, of mobile wallet and ecommerce firm Paytm, and Naveen Tewari, 39, of the mobile ad network InMobi are also new entrants.

Most of these technology and internet companies have raised significant amounts of private equity capital at substantial valuations over the past year. Flipkart's latest und raise valued the firm at $15 billion, and Snapdeal's valued it close to $5 billion.