Author: News Desk

Surya Varshan’s journey from Thoothkudi’s salt fields to establishing Naked Nature in the digital marketing space highlights the inspiring spirit of young entrepreneurs. Beginning with a Bath Salt In the vibrant city of Madurai, 21-year-old Surya Varshan is revolutionising the skincare industry with his D2C brand, Naked Nature. His entrepreneurial journey began during his 12th grade in Thoothkudi, a town famous for its salt production. Surya’s first product was the ‘Hibiscus Bath Salt,’ which he created by mixing salt with flowers and sold for Rs 320. Despite facing scepticism towards youth-led initiatives, he persisted in balancing his engineering studies in Chennai with weekend trips to…

Ramamurthy Thyagarajan, the founder of Shriram Group, is a prominent figure in the business world, yet he leads a remarkably simple and humble life. Known for his unconventional approach to finance, he established Shriram Chits, which evolved into a vast business empire valued at ₹1,50,000 crore. A Different Kind of Wealth Unlike many affluent business leaders, Thyagarajan embraces a philosophy that wealth does not necessitate extravagance. He resides in a modest home, drives a ₹6 lakh car, and intentionally avoids distractions like mobile phones. His fortune primarily comes from lending to low-income borrowers often overlooked by banks. Early Life and…

Ranveer Brar’s life story is one of resilience and transformation. After experiencing bankruptcy and homelessness in the United States due to his restaurant’s failure, he returned to India and became one of the country’s most celebrated chefs and TV personalities. From cooking on the streets of Lucknow to judging on MasterChef India and acting alongside Kareena Kapoor in The Buckingham Murders, his journey is truly inspiring. Humble Beginnings Ranveer was born in Lucknow, where his passion for cooking ignited at a young age while helping his grandmother in the kitchen. By the time he was 13, he was already cooking…

The Hurun India Rich List 2024 reveals significant growth in the wealth of individuals across various states, highlighting a shift in economic activity and wealth creation since 2020. Karnataka ranks sixth with 108 entries, driven mainly by Bengaluru’s booming IT and startup sectors. West Bengal saw 70 entries, showcasing Kolkata’s evolving business landscape. Tamil Nadu has 119 entries, demonstrating its robust manufacturing base and diversified economy. Telangana doubled its entries from 54 in 2020 to 109 in 2024, reflecting Hyderabad’s rise as a tech hub. Gujarat ranks third with 129 wealthy residents, known for its thriving industries in diamonds, pharmaceuticals, and chemicals. Delhi ranks second with 213 entries, highlighting its status as…

India is home to many billionaires who actively engage in philanthropy, including notable figures like Wipro’s Azim Premji and the late Ratan Tata. Following in the footsteps of the Tata family, real estate mogul Abhishek Lodha has pledged a remarkable Rs 20,000 crore for charitable initiatives. Transfer of Shares to Lodha Philanthropy Foundation Lodha and his family plan to transfer shares worth this amount from their holdings in Macrotech Developers, the publicly traded company he leads. As the Managing Director and CEO of Macrotech Developers Ltd. (MDL), Lodha oversees one of India’s top real estate firms, which operates under the…

Zyber 365 Technologies, founded by Pearl Kapur, recently garnered attention for its claim of raising $100 million in Series A funding, which supposedly propelled its valuation to $1.2 billion. This remarkable assertion positioned the Web 3.0 AI firm among India’s elite unicorns. However, a deeper look into the company raises questions about the legitimacy of its claims. The Unicorn Claim Zyber 365 emerged on the radar in July 2023 when it announced its entry into the unicorn club, stating it had secured $100 million from an undisclosed entity. This funding was noteworthy, particularly since it followed just a week after…

Mahesh Gogineni, a prominent Indian entrepreneur, has established himself in the tech and startup world with ventures such as Gifskey and Wysh. With a strong academic background, Mahesh holds an MSc and MMS in Finance and Management from BITS Pilani, an MSc in Accounting and Finance from the London School of Economics, and an MBA from Stanford University Graduate School of Business. A Dynamic Career Path in Tech and Startups Mahesh’s career began in 2008 with VANPIC Projects Pvt Ltd, following internships at Microsoft and HCL Technologies. He co-founded innovative startups like Gifskey and Wysh, a platform that enables two-way…

In today’s world, industrialists like Mukesh Ambani, Gautam Adani, and Ratan Tata epitomise wealth in India. However, centuries ago, a legendary figure named Virji Vora held an even more remarkable status as a dominant force in India’s trade and finance during the Mughal era. Often regarded as the wealthiest businessman in history, Vora’s fortune was substantially greater than that of contemporary magnates. A Financial Powerhouse for the British Virji Vora’s business prowess flourished from 1617 to 1670, during which time he became a vital financier for the British East India Company. Historical records indicate that he lent an astonishing Rs…

Apoorva Mehta’s path to becoming the founder of Instacart is marked by both challenges and achievements. Born and raised in India, he had a solid academic foundation, pursuing an engineering degree at the University of Waterloo in Canada. This experience equipped him with essential technical skills that would later serve him well in his career. After graduation, Mehta joined Amazon as a supply chain engineer. Although he faced demanding tasks, he quickly realized that his role at Amazon wasn’t fulfilling his entrepreneurial aspirations, leading him to make a bold decision to leave and pursue his startup dreams. A Series of…

Ashwin Desai, the founder of Aether Industries, is recognized as the wealthiest individual in Surat, with an impressive fortune of ₹100,462 crore. Following him is Faruk G. Patel of KP Group, valued at ₹9,700 crore, known for its focus on green energy solutions. In third place is Niraj Choksi from NJ India Investment, who has amassed ₹9,600 crore, while Babubhai Lakhani of Kiren Gems holds the fourth position with ₹7,400 crore. Aether Industries: A Leading Player Aether Industries, founded by Desai in 2013, specialises in producing specialty chemicals for sectors such as agrochemicals, pharmaceuticals, and oil and gas. The company…