NewsStocksRayzon Solar Co-founder Hardik Kothiya Recognized as Youngest Entrepreneur on Hurun India U35 ListRayzon Solar Co-founder Hardik Kothiya Recognized as Youngest Entrepreneur on Hurun India U35 List
Hardik Kothiya, 31, co-founder of Rayzon Solar, has been recognized as the youngest entrepreneur on the Avendus Wealth – Hurun India U35 List. The list features 155 young leaders aged 35 and below, whose ventures are valued at $50 million or more for first-generation founders. Rayzon Solar, a Surat-based renewable energy company, was co-founded by Kothiya and Chirag Nakrani in 2017. The collective enterprise value of the listed entrepreneurs exceeds $440 billion, generating employment for over 760,000 professionals.
*this image is generated using AI for illustrative purposes only.
Hardik Kothiya, the 31-year-old co-founder of Rayzon Solar, has achieved a notable milestone by being recognized as the youngest entrepreneur on the prestigious Avendus Wealth – Hurun India U35 List. This recognition highlights the growing impact of young leaders in India's business landscape, particularly in the renewable energy sector.
Key Highlights
- Entrepreneur: Hardik Kothiya, age 31
- Company: Rayzon Solar
- Recognition: Youngest entrepreneur on Avendus Wealth – Hurun India U35 List
- Company Founding: 2017
- Co-founder: Chirag Nakrani
About Rayzon Solar
Rayzon Solar, a Surat-based renewable energy company, was co-founded by Hardik Kothiya and Chirag Nakrani in 2017. Both Kothiya and Nakrani serve as Managing Directors, steering the company's growth in the competitive renewable energy market.
Avendus Wealth – Hurun India U35 List
The Avendus Wealth – Hurun India U35 List is a prestigious compilation that recognizes young leaders who have made significant strides in the business world. Here are some key details about the list:
| Aspect | Details |
|---|---|
| Total Recognized Leaders | 155 |
| Age Criteria | 35 years and below |
| Valuation Criteria (First-gen Founders) | Ventures valued at $50 million or more |
| Valuation Criteria (Next-gen Leaders) | Family businesses valued at $100 million or more |
| Collective Enterprise Value | Over $440 billion |
| Total Employment Generated | More than 760,000 professionals |
Geographical Distribution
The list showcases a diverse geographical representation of young entrepreneurs across India:
| City | Number of Entrants |
|---|---|
| Bengaluru | 54 |
| Mumbai | 29 |
| New Delhi | 22 |
Notable Mention
The list also highlights Minu Margaret of BlissClub as the youngest woman entrepreneur featured.
This recognition of Hardik Kothiya not only underscores his individual achievement but also shines a spotlight on the renewable energy sector in India. As young entrepreneurs like Kothiya continue to make their mark, it signals a promising future for innovation and growth in critical sectors such as renewable energy.
The inclusion of Rayzon Solar's co-founder in this esteemed list reflects the increasing importance of sustainable energy solutions and the role of young leaders in driving this change. It also highlights the vibrant startup ecosystem in India, particularly in cities like Surat, which are emerging as hubs for entrepreneurial talent beyond the traditional metros.
16
