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Business News/ News / India/  Meet Shashvat Nakrani, the 23-yr-old IITian who made it to Hurun India rich list
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Meet Shashvat Nakrani, the 23-yr-old IITian who made it to Hurun India rich list

Shashvat Nakrani co-founded FinTech start-up BharatPe at the age of 19 with Ashneer Grover

Bharatpe's Shashvat Nakrani (Shashvat Nakrani/Linkedin)Premium
Bharatpe's Shashvat Nakrani (Shashvat Nakrani/Linkedin)

23-year old co-founder of payments app Bharatpe's Shashvat Nakrani has become the youngest person to feature in the IIFL Wealth Hurun India Rich List. He is among the 13 other self-made billionaires born in the 90s.

Nakrani co-founded FinTech start-up BharatPe at the age of 19 with Ashneer Grover. He was a third-year student in IIT-Delhi at that time. Grover got his bachelor’s degree in Textile Technology.

BharatPe offers merchants a single QR code to accept all payment apps such as Paytm, PhonePe, Google Pay, BHIM, and 150+ other UPI apps.

India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of 3,65,700 crore or more than 1,000 crore daily, and the number of such individuals has crossed the 1,000-mark.

According to the Hurun India-IIFL Wealth rich list, there are 1,007 people -- 13 of them with more than 1 lakh crore of wealth -- in the country with over 1,000 crore wealth. The tenth Hurun India rich list has Mukesh Ambani topping it for the 10th year in a row with 7,18,000 crore wealth -- only 9% up over 2020 -- followed by the Adani family with 5,05,900 crore, up 261% from 1,40,200 crore, making him also the second richest Asian, earning 1,000 crore a day over the last year or 3,65,700 crore in the year.

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Published: 02 Oct 2021, 11:49 AM IST
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