Who are some of the new billionaires in India from 2025?

Notable new billionaires include Alakh Pandey and Prateek Maheshwari of Physicswallah, Peyush Bansal and Neha Bansal of Lenskart, and Lalit Keshre of Groww.

Which sectors produced India's newest billionaires in 2025?

New billionaires emerged from sectors such as consumer tech, fintech, AI, clean energy, and quick commerce.

How did founders like Alakh Pandey become billionaires?

Alakh Pandey became a billionaire after his edtech company Physicswallah successfully went public with an IPO in November 2025.

Home / Business and Economy / Tech IPOs Mint India's Latest Age of Billionaires

Tech IPOs Mint India's Latest Age of Billionaires

20 Dec

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Summary

Several founders became billionaires through 2025 IPOs and liquidity events.
Physicswallah's Alakh Pandey and Prateek Maheshwari are among the new billionaires.
Companies in consumer tech, fintech, AI, and clean energy fueled this wealth creation.

Tech IPOs Mint India's Latest Age of Billionaires

The year 2025 has seen a remarkable surge in wealth creation, with numerous founders entering the billionaire club thanks to successful IPOs and late-stage liquidity events. This phenomenon is driven by burgeoning sectors like consumer tech, fintech, artificial intelligence, and clean energy, which are reshaping the financial landscape. These new millionaires have transitioned from venture capital headlines to tangible fortunes.

Alakh Pandey and Prateek Maheshwari of Physicswallah exemplify this success. Physicswallah, which began as free online lessons, achieved a public listing in November 2025, boasting over 300 offline centers and growing revenues. This IPO propelled Pandey's net worth to an estimated Rs 14,500-16,000 crore. Similarly, Peyush Bansal's Lenskart, after a decade of innovation in the eyewear market, achieved a blockbuster IPO in November 2025, valuing the company at around Rs 70,000 crore and Bansal's equity at approximately Rs 14,400 crore.