Meesho’s blockbuster D’Street debut has propelled its two founders into the ranks of India’s newly minted startup billionaires, Vidit Aatrey and Sanjeev Kumar. Their combined networth is now over Rs 12,000 crore in equity wealth, following the company’s listing at .46% premium on December 10. The figure is based solely on disclosures contained in the listing documents.
A steep jump in founder wealth
Aatrey holds 472.5 million shares, or 11.1% of Meesho, while Kumar owns 315.7 million shares or 7.41%, as per Business Standard. Furthermore, the stock is listed at Rs 162.05 on the NSE and Rs 161.20 on the BSE, at nearly 46% premium over its issue price of Rs 111. Both the CEO and the CTO sold 1.6 crore equity shares as a part of the offer for sale, earning around Rs 273 crore each.
The current shares they have in the company, which come to around 16.7%, combined, translate into a valuation of over Rs 12,000 crore, as per Screener.
The bumper listing has also turned early backers into multibagger beneficiaries. The IPO saw a strong subscription of 81.76 times and commands a market cap of Rs 74,530 crore as of December 12 closing.
How Meesho compares with other 2025 startup listings
Meesho’s listing adds to a year that has already brought about windfall for many high-profile founders.
Groww
GrowwGroww, the fintech platform, which was listed in November, leads the pack. Lalit Keshre, CEO, holds a 9.06% stake in the company as per Screener’s data on 12 December 2025. Furthermore, the market cap, as of 12 December, is at Rs 89,659 crore, thereby his stake is valued at Rs 8,123.1 crore. Furthermore, if we take into account all four founders, they collectively hold 26.44% stake, which is valued at Rs 23,705 crore, as of 12 December 2025.
While their combined wealth had reportedly crossed Rs 29,000 crore at the stock’s recent peak (52-week high of Rs 193.80), the current correction in the stock price to Rs 145.45 has adjusted this figure downward.
PhysicsWallah
The gains recorded by the founder of Edtech unicorn PhysicsWallah are significantly higher than those of Meesho and Groww in absolute founder wealth. Co -founders Alakh Pandey and Prateek Boob hold 36.15% stake each in the company as per Screener data from 12 December 2025. With the market cap at Rs 38,880 crore as of 12 December Screener data, the valuation of each founder comes to Rs 14,055.12 crore and the combined valuation of Rs 28,110.24 crore.
Lenskart
Eyewear retailer Lenskart, which went public in November, has created significant wealth for co-founder Peyush Bansal as well. As per Screener data of 12 December 2025, the market cap of the company is at Rs 70,444 crore, and Bansal has 8.80% stake in the company, which gives his stake a valuation of Rs 6,199.07 crore. The combined valuation of all the founders comes to Rs 12,377 crore.
Measured purely by founder wealth at listing price, Meesho ranks third among the major startup debut this year, behind PhysicsWallah and Groww. However, one must remember that this value is derived from the stock market rate. These rates keep changing, and the current valuations are indicative of the extent of wealth created. These are not absolute values.