Is Mumbai the City with the Most Young Entrepreneurs in India?
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Synopsis
Mumbai is leading the way as the top city for young entrepreneurs in India, with 15 innovators making the ‘Avendus Wealth – Hurun India U30 List 2025’. Discover how these young leaders are transforming the business landscape with their dynamic ventures.
Key Takeaways
- Mumbai is the leading city in India for young entrepreneurs.
- 15 entrepreneurs from Mumbai are on the U30 list.
- The average age of featured entrepreneurs is 28.
- 66 out of 79 are first-generation founders.
- These entrepreneurs employ over 64,000 people.
- They have raised more than $5.2 billion in equity funding.
Mumbai, July 17 (NationPress) The financial hub has claimed the title of the leading city in India for young entrepreneurial talent, showcasing 15 innovators in the ‘Avendus Wealth – Hurun India U30 List 2025’ unveiled on Thursday.
This report highlights 79 of India’s most promising business minds under the age of 30, who are shaping the future across diverse sectors such as technology, finance, healthcare, and beyond.
The list is part of the inaugural edition of the ‘Uth Series’, a collaborative effort by Avendus Wealth and Hurun India.
Among the notable individuals is Kaivalya Vohra, the 22-year-old Co-founder of Zepto, who is based in Mumbai. He holds the distinction of being the youngest entrepreneur on the list and represents India’s burgeoning quick-commerce industry.
Another remarkable young talent is Devika Gholap, aged 28, recognized as the youngest woman on the list. She is pioneering advancements in digital pathology through her work at OptraSCAN.
The average age of the entrepreneurs featured is 28, indicating how early India's young leaders are stepping into significant roles.
A significant majority, 66 out of 79, are first-generation founders, indicating a new era of self-made success in the nation's business environment.
These entrepreneurs are not just establishing successful enterprises but are also making a considerable impact.
Collectively, they employ over 64,000 individuals and have secured more than $5.2 billion in equity funding.
The most prominent sector is software products and services, followed by consumer goods and financial services.
Service-oriented companies dominate, comprising over 60 percent of the businesses highlighted in the list.
According to Apurva Sahijwani, MD and CEO of Avendus Wealth Management, today’s young entrepreneurs are not just scaling businesses rapidly but are also adopting a global mindset from the outset.
She states that the Uth Series is aimed at supporting and understanding the journeys of India’s next generation of business leaders.
Anas Rahman Junaid, Founder and Chief Researcher at Hurun India, emphasized that the U30 list showcases the maturity, resilience, and ambition of contemporary young Indian entrepreneurs.
“Their achievements demonstrate that innovation is no longer linked to legacy; it is fueled by bold ideas and a commitment to build,” Rahman remarked.
Point of View
I find it inspiring to witness Mumbai's emergence as a hub for young entrepreneurial talent. The fresh perspectives and innovative ideas brought forth by these young leaders are crucial in shaping a resilient and progressive business landscape in India.
NationPress
17/07/2025
Frequently Asked Questions
How many entrepreneurs from Mumbai are on the U30 list?
Mumbai boasts 15 entrepreneurs featured on the ‘Avendus Wealth – Hurun India U30 List 2025’, making it the top city for young talent.
What sectors are these young entrepreneurs impacting?
The young entrepreneurs are making strides in various sectors, including technology, finance, and healthcare.
What is the average age of the entrepreneurs on the list?
The average age of the entrepreneurs featured in the list is 28 years.
How many of these entrepreneurs are first-generation founders?
A remarkable 66 out of 79 entrepreneurs are first-generation founders, showcasing a new wave of self-made success.
What is the significance of the Uth Series?
The Uth Series aims to support and understand the journeys of India’s next generation of business leaders.
