Flipkart’s Binny Bansal and Sachin Bansal fully exited the company when Flipkart was valued at Rs 1.19 lakh crore. They lead a growing list of Indian startup founders who have fully exited their businesses, as per Hurun India’s Top 200 Self-made Entrepreneurs of the Millennia 2025 list, which tracks the country’s largest founder cash-outs since 2000.
The Hurun data tracks founders who have exited their companies entirely, ranking them by the valuation at which the exit took place.
Flipkart: the largest founder exit
The largest exit continues to be Flipkart, which Binny Bansal and Sachin Bansal sold in 2018 at a valuation of Rs 1.19 lakh crore. The founders exited the company at the ages of 36 and 37, making it not only the biggest startup exit on the list but also one of the earliest large-scale liquidity events in India’s internet economy.
Despite the emergence of multiple unicorns in subsequent years, no other founder exit has come close to matching Flipkart’s scale, according to the Hurun data.
Consumer and internet-led exits dominate
Jewellery retailer CaratLane ranks second on the list, with founder Mithun Sacheti exiting the company in 2023 at a valuation of Rs 17,000 crore. BigBasket’s Abhinay Choudhari follows with a valuation of Rs 12,550 crore when he exited in 2021.
Divyank Turakhia, founder of Media. net, a digital advertising firm, exited the company in 2016 with a valuation of Rs 6,042 at 35 years of age.
Edtech and logistics exits add to the list
Edtech startup WhiteHat Jr, founded by Karan Bajaj, was sold in 2021 at a valuation of Rs 2,223 crore. Bajaj exited the company at the age of 41, as consolidation picked up pace in India’s education technology sector.
The most recent exit on the list is of K. Satyanarayana and Manju Dhawan, founders of Ecom Express. They exited in 2025 when the company had a valuation of Rs 1,407 crore. At the time of exit, the founders were aged 64 and 59, respectively, making it one of the few late-stage exits led by senior entrepreneurs.