Latest news with #HurunIndiaU30List2025
Business Standard
a day ago
- Business
- Business Standard
Fintech Pioneers: Credgenics Co-founders featured in the prestigious Avendus Wealth - Hurun India U30 List 2025
VMPL New Delhi [India], July 21: Credgenics, the leading provider of SaaS-based debt collections and resolution platform worldwide, today announced that Rishabh Goel, Co-founder and CEO, and Anand Agrawal, Co-founder and CPTO, have been featured in the prestigious Avendus Wealth - Hurun India U30 List 2025. This recognition celebrates their innovative entrepreneurial approach to transforming the financial services sector and their significant impact on the fintech landscape with Credgenics. The Avendus Wealth - Hurun India U30 List 2025, celebrates 79 exceptional young leaders aged 30 and below who are redefining the future of the Indian economy across industries. This curated list highlights two categories of trailblazers: first-generation founders building ventures valued at USD 25 million or more, and next-generation leaders steering family-owned businesses with valuations of at least USD 50 million. Financial services emerged as the third-most represented sector in this inaugural Under-30 edition, with nine standout entrepreneurs making their mark in the industry. Credgenics has established itself as a pioneer in AI-driven loan collection solutions, managing an impressive portfolio of over 98 million accounts worth $250 billion in FY24. The company's technology-first approach has revolutionized traditional collection methods, enabling financial institutions to optimize their recovery processes while maintaining strong customer relationships. "Being recognized in the Hurun-Avendus U30 List with other innovative young leaders is both an honour and a testament to our team's dedication to transforming the financial services landscape," said Rishabh Goel, Co-founder and CEO of Credgenics. "We are committed to leverage AI and digital technologies for making debt collections future-ready, super efficient, and data-driven. This is benefitting the entire credit ecosystem and speeding up financial inclusion across the country." Anand Agrawal, Co-founder and CPTO of Credgenics, added, "This recognition in the Hurun-Avendus U30 List validates our approach of using AI backed innovation to simplify and transform debt collections. We are working to enhance credit health for individuals globally, which transforms into easy universal access to formal credit. We're proud to be a part of India's vibrant fintech ecosystem and facilitating our meaningful impact in the nation's inclusive economic growth." Credgenics' success story exemplifies the dynamic nature of India's fintech sector, which continues to attract significant investment and fast track the financial empowerment of the masses. The recognition comes at a time when AI-powered collections solutions are becoming increasingly crucial for Banks, NBFCs, Fintech lenders and ARCs seeking to optimize their operations while maintaining compliance and customer satisfaction. Credgenics' market leading platform addresses these needs by providing intelligent, automated collection strategies that improve recovery rates while reducing operational costs. About Credgenics: Credgenics is the leading full-stack, AI-powered loan collections and debt resolution technology platform for Banks, Non-Banking Financial Companies (NBFCs), FinTechs, and Asset Reconstruction Companies (ARCs) globally. Recognised as the Best Selling Loan Collections Platform in India by IBS Intelligence in their Annual India Sales League Table for three consecutive years, Credgenics is modernizing debt recovery processes. The platform combines predictive and generative AI capabilities to assess risk, segment borrowers, and execute personalized recovery strategies across the end-to-end collections lifecycle. Supporting all credit products across retail and SME/MSME portfolios, Credgenics empowers lenders to accelerate recoveries, optimize operational efficiency, and scale smarter, data-driven collections. In FY24, the platform managed over 98 million loan accounts worth more than USD 250 billion and facilitated over 1.7 billion omnichannel communications, serving 150+ financial institutions worldwide.
Economic Times
a day ago
- Business
- Economic Times
Cupid shares rally 64% in a week, hit new all-time high of Rs 152. Should you book profits?
Shares of Cupid Ltd rallied 63.7% over the past week to hit a fresh all-time high of Rs 152 on the BSE today, driven by strong technical momentum and rising volumes. The sharp uptrend comes amid consistent buying interest, supported by bullish technical indicators. ADVERTISEMENT Around 10:30 am on Monday, the stock's total traded quantity stood at 6.36 lakh shares, with a turnover of Rs 9.66 crore. The company's market capitalization was at Rs 3,948.84 crore. On Saturday, the company also informed that Aditya Kumar Halwasiya, Chairman and Managing Director of Cupid Ltd, featured in Avendus Wealth - Hurun lndia U30 List 2025. 'Cupid Limited, (BSE – 530843, NSE – CUPID), is delighted to announce that its Chairman & Managing Director, Mr. Aditya Kumar Halwasiya, has been named to the Avendus Wealth – Hurun India U30 List 2025. This prestigious accolade recognizes India's most dynamic young leaders under 30 who are driving innovation, transformation, and sustainable growth in their respective fields,' the company's filing to the stock exchanges to Sudeep Shah, Deputy Vice President and Head of Technical & Derivatives Research at SBI Securities, 'The price has moved up sharply, having risen nearly 34% in just the last 6 trading sessions. The strong move in the price was supported by a rise in volumes as well.' ADVERTISEMENT He added that the stock is trading above its key short and term long moving averages and the momentum indicators and oscillators are also reinforcing the bullish strength. Shah noted that Rs 115 is likely to act as a strong support level for the stock, while a follow-up move from current levels could push the price towards Rs 180, followed by Rs 200 levels in the short term. ADVERTISEMENT Meanwhile, Hardik Matalia, Derivative Analyst at Choice Broking, observed that the shares of Cupid are currently trading around Rs 146.77, hovering at record high levels after delivering a remarkable rally of nearly 165% from its April 2025 noted that the stock has been consistently forming higher highs and higher lows on the daily timeframe, reinforcing its strong bullish structure. ADVERTISEMENT However, Matalia highlighted that with the Relative Strength Index (RSI) at 85.86, the stock is now firmly in the overbought territory, indicating the possibility of an impending time-wise or price-wise correction in the near further pointed out that the stock is trading well above all its key short-term and long-term moving averages, underlining the prevailing strong momentum, but cautioned that such steep rallies often invite consolidation or retracement, especially when momentum indicators are short-term traders, Matalia suggested it 'would be prudent to book profits at current levels and consider re-entering on meaningful dips near support zones, once signs of stability or reversal emerge.' ADVERTISEMENT He also advised long-term investors already holding the stock to 'consider booking partial profits to lock in gains,' while monitoring for any healthy retracement, which could present an opportunity to accumulate further in a staggered manner. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Indian Express
5 days ago
- Business
- Indian Express
Hurun India: Top 10 youngest entrepreneurs under 30 in India 2025
Top 10 youngest entrepreneurs under 30 in India 2025: India's startup ecosystem is witnessing a generational shift, as more young founders are breaking away from conventional career paths to build their own ventures. The latest Avendus Wealth–Hurun India U30 List 2025 reflects this changing tide, spotlighting entrepreneurs under the age of 30 who are reshaping industries with fresh ideas and fearless ambition. Leading the list are Kaivalya Vohra and Aadit Palicha, both just 22, and the co-founders of quick commerce platform Zepto, one of the fastest-growing startups in the country. Zepto also tops the funding charts, having raised USD 1.95 billion in equity, followed by AI-based search engine Perplexity, which secured USD 915 million. The list features 79 entrepreneurs, collectively raising USD 5.2 billion in equity and USD 270 million in debt. Of these, 66 are first-generation entrepreneurs, having built their businesses independently, while the rest come from legacy business families. Among the six women on the list, Devika Gholap, 28, is the youngest, recognised for her work in digital pathology through her startup OptraSCAN. Ananyashree Birla, 30, of Svatantra Microfin, brings the most experience to the table with over 13 years in entrepreneurship, while Mihir Menda, 25, represents the global reach of India's entrepreneurial class. Based in Boston, he serves on the supervisory board of RMZ Corporation, one of India's leading real estate firms. Also featured are Anant Ambani, 29, Director at Jio Platforms, and Radhika Ambani, 30, Executive Director at Encore Healthcare, both representing the new wave of leadership in legacy businesses. Below are the top ten youngest entrepreneurs in India, all aged 25 or younger, setting new standards for dedication, resilience, and innovation within the country's evolving startup: Source: Hurun Research Institute, Avendus Wealth – Hurun India U30 List 2025
Time of India
5 days ago
- Business
- Time of India
India's top 10 youngest entrepreneurs: Zepto co-founders lead Hurun Under 30 list 2025
Zepto co-founders The Avendus Wealth–Hurun India U30 List 2025 has recognised 79 of India's most promising entrepreneurs under the age of 30, showcasing the next generation of business leaders across key sectors like technology, finance, retail, healthcare, and consumer goods. Unveiled on Thursday as part of the Uth Series 2025, this first-ever Under-30 edition highlights both first-generation startup founders whose ventures are valued at over $25 million and second-generation entrepreneurs managing family businesses worth more than $50 million. A key highlight of the report is the rise of self-made entrepreneurs in India. Out of the 79 featured, 66 are self-made, reflecting a growing culture of independent innovation and enterprise, reported ET citing Avendus Wealth–Hurun report. Mumbai tops the list with 15 young entrepreneurs, followed by Bengaluru and Delhi. The report also features emerging founders from smaller cities such as Salem, Phagwara, Hubballi, and Ranchi, underlining the expansion of India's startup ecosystem beyond metro areas. Startups, Sectors & scale by U30s The average age of entrepreneurs on the list is 28. Kaivalya Vohra and Aadit Palicha, co-founders of Zepto, are the youngest at 22. Among women, Devika Gholap, 28, founder of OptraSCAN, is the youngest female entrepreneur, recognised for her innovation in digital pathology. In terms of sector-wise distribution, software products and services lead with 21 entrepreneurs, followed by 12 in consumer goods and 9 in financial services. Notably, over 60% of the businesses are service-led, according to the Avendus-Hurun report as quoted by ET. Collectively, these young leaders have raised $5.2 billion in equity and $270 million in debt funding. Their companies employ more than 64,000 people, indicating their large-scale economic impact. The largest employer among them is Svatantra Microfin, founded by Ananyashree Birla, with 23,289 employees. At 30, Birla also has the longest entrepreneurial experience among those listed, with 13 years in the field. List of top 10 youngest entrepreneurs in the U30 List 2025 Name Company Age City Kaivalya Vohra Zepto 22 Mumbai Aadit Palicha Zepto 22 Mumbai AVR Shree Smaran AVR Swarna Mahal Jewellers 22 Salem Arjun Deshpande Generic Aadhaar 22 Thane Shiva A Sankeshwar Vijayanand Travels 23 Hubballi Ujjwal Sukheja Swish 24 Bengaluru Saran S Swish 24 Tiruchirappalli Aniket Shah Swish 25 Ahmedabad Rahul Rawat Digantara 25 Phagwara Mihir Menda RMZ 25 Boston Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
5 days ago
- Business
- Time of India
Zepto's Aadit Palicha to Generic Aadhaar's Arjun Deshpande: Hurun lists India's top under-30 entrepreneurs
The inaugural Avendus Wealth–Hurun India U30 List 2025 recognizes 79 outstanding Indian entrepreneurs under 30, highlighting the country's next generation of business leaders across diverse sectors. Mumbai leads with the most entrepreneurs, while Zepto's co-founders, Kaivalya Vohra and Aadit Palicha, are the youngest on the list at 22. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Top 10 Youngest Entrepreneurs in the 2025 U30 List Name Age Company City Kaivalya Vohra 22 Zepto Mumbai Aadit Palicha 22 Zepto Mumbai AVR Shree Smaran 22 AVR Swarna Mahal Jewellers Salem Arjun Deshpande 22 Generic Aadhaar Thane Shiva A. Sankeshwar 23 Vijayanand Travels Hubballi Ujjwal Sukheja 24 Swish Bengaluru Saran S 24 Swish Tiruchirappalli Aniket Shah 25 Swish Ahmedabad Rahul Rawat 25 Digantara Phagwara Mihir Menda 25 RMZ Boston The Avendus Wealth–Hurun India U30 List 2025 has spotlighted 79 of India's most promising entrepreneurs aged 30 or below, offering a glimpse into the country's next wave of business leaders who are scaling ventures across technology, finance, retail, healthcare, and inaugural Under-30 edition, part of the larger Uth Series 2025, was unveiled on Thursday, which identifies both first-generation founders whose startups are valued at over $25 million and second-generation leaders helming family businesses worth $50 million or list underlines a shift in the nature of Indian entrepreneurship, with 66 of the 79 names being self-made leads the city-wise count with 15 entrepreneurs, reaffirming its place as India's financial capital, followed by Bengaluru and Delhi. However, the list also features names from smaller cities like Salem, Phagwara, Hubballi, and Ranchi, signalling the spread of entrepreneurial activity beyond metro average age of the entrepreneurs featured is 28. Kaivalya Vohra and Aadit Palicha , co-founders of Zepto, are the youngest at just 22. On the women's front, Devika Gholap, founder of OptraSCAN, is the youngest woman on the list at 28, recognised for innovation in digital of the ventures recognised have scaled rapidly. Together, these entrepreneurs have raised $5.2 billion in equity and $270 million in debt, and their companies collectively employ over 64,000 people, as per the Avendus-Hurun largest employer among them is Svatantra Microfin, founded by Ananyashree Birla, with 23,289 employees. Birla, 30, also brings the longest entrepreneurial experience to the list, 13 terms of sectors, software products and services lead the way with 21 entrepreneurs, followed by 12 in consumer goods and 9 in financial services. Service-led companies account for over 60% of the Avendus Wealth – Hurun India U30 List 2025
