India's Self-Made Wealth Surges: Financial Services & Tech Lead New-Age Boom
Companies
C
CNBC TV1822-12-2025, 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.

More like this

Loading more articles...