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From 100+ Rejections To Rs 63,000 Crore Empire: Meet The Youngest Indian Billionaire
Harshil Mathur and Shashank Kumar, co-founders of Razorpay, have earned their place as the youngest Indian billionaires according to the Hurun Rich List 2024. Their journey was anything but smooth—Harshil faced over 100 rejections from investors before Razorpay became a success.
Youngest Indian Billionaires
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Harshil Mathur and Shashank Kumar, both 33, have been named the youngest Indian billionaires by the Hurun Rich List 2024. Their startup, Razorpay, has achieved a valuation of approximately Rs 63,000 crore ($7.5 billion).
Overcoming Rejections
Before founding Razorpay, Harshil Mathur faced over 100 rejections from investors. His perseverance and vision eventually led to the creation of a successful fintech company.
Educational Background
Harshil Mathur graduated with a BTech in Software Engineering from IIT Roorkee in 2013. During his time at IIT, he was involved with SDSLabs, the Hobbies Club, and ASME.
(Pic Credit: @Razorpay/X)
Career Path
After a brief stint at Schlumberger, Harshil Mathur left in February 2014 to pursue entrepreneurial ventures. He co-founded Razorpay with Shashank Kumar, a classmate from IIT Roorkee.
(Pic Credit: @Razorpay/X)
Company Valuatio
Razorpay now handles more than 30 per cent of all Indian internet payments, marking a significant milestone in the country’s fintech sector.
(Pic Credit: @Razorpay/X)
Bengaluru-Based Success
Both co-founders are based in Bengaluru, which boasts a total of 27 Indian billionaires. The city’s prominent billionaire, Azim Premji of Wipro, was also recognized in the Hurun Rich List 2024.
(Pic Credit: @Razorpay/X)
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