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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).
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.
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)
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)
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)
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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