Big drop due to funding winter and funds going after profits
Raveendran & family’s wealth stood at Rs 24,300 crore, while that of the ace investor and his family is Rs 22,300 crore
The Hurun India list names the richest individuals in the country having a wealth of Rs 1,000 crore or more as of September 15, 2021.
The report also noted that due to complex regulations, start-ups are forced to exit and find their base in other countries for better business growth.
According to the report, these households have a net worth of at least Rs 7 crore