India's Self-Made Wealth Surges: Financial Services & Tech Lead New-Age Boom

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CNBC TV18•22-12-2025, 10:03
India's Self-Made Wealth Surges: Financial Services & Tech Lead New-Age Boom
- •Financial services lead India's self-made wealth creation with 47 companies, followed by SaaS (28), healthcare (27), and retail (20), as per the IDFC First-Hurun India report.
- •Lending and payments drive financial services growth, fueled by digitization and startups increasing credit access, while foreign investor interest remains sustained.
- •A significant shift sees 55% of new self-made companies opting for public listings for strategic flexibility and ownership, contrasting with traditional investor absence.
- •Bengaluru remains the top entrepreneurial hub, but experts highlight the need for deeptech innovation and broader geographical representation beyond metro cities.
- •Deepinder Goyal of Eternal is India's richest self-made entrepreneur, with his company's valuation climbing 27% to ₹3.2 lakh crore, while new-age firms achieve rapid, high valuations.
Why It Matters: New-age companies, especially in financial services and tech, are rapidly driving India's self-made wealth and valuations.
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