Isha Ambani led Reliance Retail, OYO, Perplexity lead funding among U35 led businesses, Hurun Report shows – BusinessToday

Isha Ambani led Reliance Retail, OYO, Perplexity lead funding among U35 led businesses, Hurun Report shows  – BusinessToday

By Business Today Desk
Publication Date: 2026-10-15 08:01:00

The list recognises 180 entrepreneurs aged 35 and under who are building or leading businesses in India. It includes first-generation founders whose companies have valuations of at least $50 million and next-generation leaders heading family-owned businesses valued at $100 million or more.

Reliance Retail leads funding rankings

Reliance Retail Ventures, led by Isha Ambani, tops the list with $7.41 billion raised to date. PRISM (OYO), led by founder Ritesh Agarwal, follows with $3.71 billion, while Perplexity, co-founded by Aravind Srinivas, has raised $1.6 billion.

The rankings show the substantial funding accumulated by businesses operating across different sectors and stages of growth. The figures represent total funding raised, rather than the latest fundraising round or the companies’ current valuations.

OfBusiness ranks next with $890 million in funding, followed by Rapido at $798 million and Spinny at $780 million.

Fintech company Razorpay has raised $742 million, while Decagon AI has secured $537 million. Ninjacart and Slice complete the top 10, with $413 million and $387 million raised, respectively.

Technology and consumer businesses feature prominently

The funding rankings include companies operating across technology, financial services, mobility, business-to-business commerce and consumer-facing services.

Perplexity and Decagon AI represent the artificial intelligence segment, while Razorpay and Slice feature in financial technology. Rapido and Spinny operate in…