Mensa Brands, CRED among startups on Top Valued Indian Companies list – The New Indian Express

Through Express news service

BENGALURU: Indian start-ups produce big companies, as just under 11% of Burgundy Private Hurun India 500 2021 are under 10 years old, mostly led by Mensa Brands, Apna, CRED, BharatPe, Mobile Premier League and Zetwerk . Among these start-ups, 53 are unicorns.

No less than 52 companies are under 10 years old, led by Mensa Brands, the youngest company to make the list, founded just 6 months ago. He recently achieved unicorn status. Burgundy Private, the Private Banking division of Axis Bank and Hurun India on Thursday launched the first edition of the “2021 Burgundy Private Hurun India 500”, a list of the 500 most valued companies in India. The report also mentions that women represent 16% of the board of directors.

Anas Rahman Junaid, MD and Chief Researcher, Hurun India, said: “The report also provides insight into the economic winners and losers from Covid-19. The Burgundy Private Hurun India 500 2021 saw its value increase by 68%, or a whopping Rs 90 lakh crore, for a total of Rs 228 lakh crore. Half were from companies based in Maharashtra.

About Rs 46 lakh crore came from just four companies – Reliance Industries, Tata Consultancy Services, HDFC Bank and Infosys. No less than 14 companies of the Tata group added Rs 8.5 lakh crore and accounted for almost 10% of the value of the 2021 Burgundy Private Hurun India 500. BYJU, InMobi and Mindtree) rose 87% to reach Rs 16.2 lakh crore.

Companies less than 10 years old
No less than 52 companies are under 10 years old, led by Mensa Brands, the youngest company to make the list, founded just 6 months ago. He recently achieved unicorn status.

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