Deepinder Goyal, co-founder of Eternal-The parent company of Zomato, has been named India’s top self-made entrepreneur in 2025 by the Hurun India rankings. Goyal, with a valuation of ₹3.2 lakh crore, has left behind retail tycoon Radhakishan Damani to become the first person to top the prestigious list.

The third edition of the Top 200 Self-Made Entrepreneurs of the Millennia 2025 was unveiled by IDFC FIRST Private Banking, in collaboration with Hurun India, on Wednesday, December 17. This list is about the founders who took the plunge after the year 2000 and have since then created the most valuable new-age businesses in India.

Deepinder Goyal Leads the Pack

The achievements of Deepinder Goyal mirror the exponential growth of India’s digital economy. Goyal’s move from just making Zomato a restaurant discovery platform to turning Eternal into a diversified consumer internet company is a classic example of scale, innovation, and resilience in his journey. He has never been on the top of the Hurun list ​‍​‌‍​‍‌​‍​‌‍​‍‌before.

Top 10 Self-Made Entrepreneurs in India – 2025

Deepinder Goyal (Eternal/Zomato) – ₹3.2 lakh crore. Based in Gurugram, Goyal leads the list for the first time.

Radhakishan Damani (Avenue Supermarts) – ₹3 lakh crore The founder of DMart ranks second, having built India’s largest supermarket chain since 2000.

Rahul Bhatia & Rakesh Gangwal (InterGlobe Aviation) – ₹2.2 lakh crore The co-founders of IndiGo Airlines enter the top three, with the airline commanding over 65% domestic market share.

Abhay Soi (Max Healthcare Institute) – ₹1.1 lakh crore Headquartered in Gurugram, Max Healthcare has grown rapidly under Soi’s leadership.

Sriharsha Majety & Nandan Reddy (Swiggy) – ₹1.06 lakh crore The Bengaluru-based founders have expanded Swiggy beyond food delivery into quick commerce and essentials.

Deep Kalra & Rajesh Magow (MakeMyTrip) – ₹94,500 crore The Gurugram-based travel platform continues to dominate India’s online travel booking space.

Yashish Dahiya & Alok Bansal (Policybazaar) – ₹80,300 crore From insurance comparison to broader financial services, Policybazaar has seen strong expansion since 2008.

Vijay Shekhar Sharma (Paytm) – ₹72,900 crore The Noida-based fintech founder recorded a sharp 67% growth in valuation compared to last year.

Falguni​‍​‌‍​‍‌​‍​‌‍​‍‌ Nayar & Adwaita Nayar (Nykaa) – ₹67,500 crore The fashion and beauty retailer based in Mumbai is moving closer to the top of India’s most leading consumer brands by powering its position continuously.

Peyush Bansal, Amit Chaudhary, Neha Bansal & Sumeet Kapahi (Lenskart) – ₹67,000 crore The Gurugram-based eyewear retailer is making a big leap into the top ten for the first time, recording a 60% valuation increase year-on-year.

A Snapshot of New-Age India

The Hurun India 2025 list is a sign of a broader trend: the ascendancy of technology-driven, consumer-focused businesses that are the key drivers of India’s economic future. These entrepreneurs are the face of the dynamism of India’s startup and innovation ecosystem across the industries of food delivery, fintech, aviation, healthcare, and e-commerce. 2025 with Deepinder Goyal being number one is a landmark moment for the new generation of Indian founders, illustrating how local ideas can be developed into enterprises of a global ​‍​‌‍​‍‌​‍​‌‍​‍‌scale.