India’s most valuable unlisted firms name out! Zoho Valued at Rs 1.04 Lakh Crore, Zerodha at Rs 87,750 Crore top list, Dream11, Razorpay rank at…

Other unlisted companies that have been placed in the top 10 in the report in terms of valuation are Megha Engineering & Infrastructures, Parle Products, Intas Pharmaceuticals, Dream11, Razorpay and Amalgamations.

New Delhi: Chennai-based SaaS giant Zoho Corporation and Bengaluru-based brokerage firm Zerodha have been recognized as two of India’s most valuable unlisted companies in the 2024 Burgundy Private Hurun India 500 report. The report enlists these bootstrapped firms’ tremendous growth in a fast-changing economy.

According to the report, Zoho secured the third spot with a valuation of Rs 1.04 lakh crore, a massive 58 percent jump from the previous year’s valuation. On the other hand, Zerodha ranked fourth with a ₹ 87,750 crore valuation, marking a 50 percent rise year-over-year.

To recall, Sridhar Vembu, Zoho founder, had resigned from his executive position to take on the role of chief scientist to focus on research and innovation, especially in the field of artificial intelligence and deep tech.

Other unlisted companies that have been placed in the top 10 in the report in terms of valuation are Megha Engineering & Infrastructures, Parle Products, Intas Pharmaceuticals, Dream11, Razorpay and Amalgamations.