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India has produced several world’s wealthiest billionaires. But have you ever wondered who the youngest billionaires in India are in 2025? Well, the co-founders of Razorpay, Shashank Kumar and Harshil Mathur, are India’s youngest billionaires.
According to the Hurun Global Rich List 2025, both Shashank Kumar and Harshil Mathur have a net worth of Rs 8643 crore each. Shashank and Harshil’s journey started at IIT Roorkee, where they initially met as students. They were driven by their love for technology and problem-solving, and, in 2014, they founded Razorpay with a vision to make digital payments easier and accessible across India.
Prior to pursuing entrepreneurship, Shashank Kumar and Harshil Mathur had very promising corporate careers. Kumar was a software development engineer at Microsoft, and Mathur was a wireline field engineer at Schlumberger. However, both of them got frustrated due to the poor state of online payments in India. In his LinkedIn profile, Mathur once wrote, “We started Razorpay after discovering the dismal state of online payments in India.”
“Razorpay is the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite. It gives you access to all payment modes including credit card, debit card, netbanking, UPI and popular wallets including JioMoney, Mobikwik, Airtel Money, FreeCharge, Ola Money and PayZapp,” reads the official website.
“Founded by IIT Roorkee alumni, Razorpay aims to revolutionize money management for online businesses by providing clean, developer-friendly APIs and hassle-free integration. We offer a fast, affordable and secure way for merchants, schools, ecommerce and other companies to accept and disburse payments online, own a fully-functional current account and avail working capital loans,” reads the official website of Razorpay.
Shashank Kumar and Harshil Mathur, both 34 years old, have emerged as the world’s youngest billionaires with a net worth of Rs 8,643 crore. Razorpay, which Kumar and Mathur head, has proved itself as a force in India’s fintech space, which provides payment solutions for businesses.
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