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From Mumbai to Jaipur: Cities that have produced maximum self-made entrepreneurs

From Mumbai to Jaipur: Cities that have produced maximum self-made entrepreneurs
Business6 min read
In the vibrant tapestry of India's entrepreneurial landscape, certain cities stand out as incubators for a remarkable phenomenon – the rise of self-made entrepreneurs. Hurun India’s most popular “India’s Top 200 Self-made Entrepreneurs of the Millennia 2023” report surfaces the latest facts about wealthiest individuals, successful entrepreneurs, and the leading enterprises in the country.

The list of self-made entrepreneurs of the Millennia 2023 highlights the most impressive achievements of 405 founders connected with 200 companies in the country’s entrepreneurial ecosystem.

From the tech hubs of Bengaluru to the bustling streets of Mumbai, these urban centers have become crucibles for innovation and ambition, giving rise to individuals who forge their own destinies in the business world.

Bengaluru tops the list underscoring the city’s immense potential as a major entrepreneurial hub followed by Mumbai, Gurugram and few other cities as they have produced the highest number of self-made entrepreneurs in the order discussed in this article. Hurun India’s report helps understand the dynamism of the entrepreneurial ecosystem in some of the leading cities in India.

Cities producing the highest number of self-made entrepreneurs


Rank

City

Number of Entrepreneurs

Entrepreneur founder of the most valuable company

Most Valuable Company

1

Bengaluru

129

Nandan Reddy

Swiggy

2

Mumbai

78

Radhakishan Damai

Avenue Supermarts

3

Gurugram

49

Vasant Sridhar, Bhuvan Gupta, Asish Mohapatra

OfBusiness

4

New Delhi

49

Deepinder Goyal

Zomato

5

Chennai

18

Anand Roy, S Prakash, V Jagannathan

Star Health and Allied Insurance Company

6

Pune

16

Supam Maheshwari, Amitava Saha, Sanket Hattimattur, Prashant Jadhav

Firstcry

7

Hyderabad

9

Satyanarayana Chava

Laurus Labs

9

Ahmedabad

5

Amit Bakshi

Eris Lifesciences

10

Jaipur

4

Sushil Agarwal

Aavas Financiers

10

Noida

4

Neeraj Khandelwal

CoinDCX

8

San Fracisco (Headquartered Outside India)

6

Mohit Saxena, Abhay Singhal

Glance



1. Bengaluru

Bengaluru is seen on top of the list and the city has produced 129 self-made entrepreneurs. Nandan Reddy tops the list of self- made entrepreneurs in Bengaluru in terms of his accomplishments and the most successful entrepreneurial venture found by his team is Swiggy, a prominent Indian online food delivery platform that has transformed the way people experience and enjoy food.

2. Mumbai

As evident from the report, Mumbai is the second one in the list having produced 78 most successful self-made entrepreneurs. The most notable entrepreneur hailing from this city is Rahakishan Damani, the founder of Avenue Supermarts.

3. Gurugram

The third city on the list, Gurugram has produced 49 self-made entrepreneurs. The leading entrepreneurial team in the city consists of Vasant Sridhar, Bhuvan Gupta, and Asish Mohapatra, who have together championed OfBusiness.

4. New Delhi

The fourth city in the list is New Delhi, credited to have produced 49 highly successful entrepreneurs. The noteworthy name from the pool of entrepreneurs in the city is Deepinder Goyal who has founded Zomato.

5. Chennai

Producing 18 most successful self-made entrepreneurs, Chennai figures in the 5th place in this list. The leading entrepreneurial team from the city is that of Anand Roy, S Prakash, and V Jagannathan, who have founded Star Health and Allied Insurance Company.

6. Pune

Pune’s stimulating entrepreneurial ecosystem has produced 16 amazing self-made entrepreneurs. The team consisting of Supam Maheshwari, Amitava Saha, Sanket Hattimattur, and Prashant Jadhav stands out in the city for founding the most successful firm Firstcry.

7. Hyderabad

As a potential entrepreneurial ecosystem, Hyderabad figures in the 7th place on Hurun India list and the city has produced 9 highly successful entrepreneurs. The most prominent founder from the city is Satyanarayana Chava, the founder of Laurus Labs.

9. Ahmedabad

Producing 5 highly noted self-made entrepreneurs, Ahmedabad follows Hyderabad as a stimulating entrepreneurial landscape occupying the 9th position in the list. Amit Bakshi of Eris Lifesciences is the most acclaimed entrepreneur produced by the city.

10. Jaipur

Contributing 4 highly successful self-made entrepreneurs to enrich the nation’s entrepreneurial landscape, Jaipur occupies the 10th position in the list. The most noted entrepreneur from Ahmedabad is Sushil Agarwal, the founder of Aavas Financiers.

10. Noida

Sharing the tenth place with Jaipur in the list, Noida has produced 4 self-made entrepreneurs bearing testimony to the city’s stimulating and potential entrepreneurial environment. The highly noted entrepreneur in Noida is the founder of CoinDCX, Neeraj Khandelwal.

8. San Francisco (Headquartered Outside India)

Providing a highly conducive entrepreneurial landscape for 6 aspiring entrepreneurs establishing ventures outside of India, San Francisco is the headquarters for some thriving Indian entrepreneurial aspirations. The team of Mohit Saxena and Abhay Singhal, which has founded Glance is the most accomplished self-made entrepreneurial team highly noted for its entrepreneurial achievement running outside India.


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