New Delhi, 06th March 2025: In a celebration of entrepreneurial excellence, Nithin Kamath, Founder and Chief Executive Officer, Zerodha, has been awarded the esteemed EY Entrepreneur Of The Year™ Award 2024 (EOY). An eminent 10-member Jury, acknowledged Nithin’s groundbreaking low-margin, high-volume strategy that transformed the brokerage industry. A self-made entrepreneur, Nithin has not only bootstrapped Zerodha to a billion-dollar valuation but also actively supports start-ups in fintech and climate space, and advocates for social initiatives.
Nithin Kamath will represent India at the global stage at the EY World Entrepreneur Of The Year Award (WEOY) in Monte Carlo to be held in June 2025.
The Chief Guest, Shri Bhupender Yadav, the Honourable Union Minister of Environment, Forest and Climate Change felicitated Nithin Kamath, KV Kamath and Dr. S Somanath along with the EOY 2024 category winners.
The winners in other categories are: Pradeep Rathod, Chairman and Managing Director, Cello World in the Consumer Products and Retail category, Rajesh Magow, Co-Founder and Group CEO, MakeMyTrip for the Services, Himanshu Baid, Managing Director and Chief Executive Officer, Poly Medicure for the Lifesciences and Healthcare, Meher Pudumjee, Chairperson, Thermax for Manufacturing, Pirojsha Godrej, Executive Chairman, Godrej Properties for the Real Estate and Infrastructure, Kamesh Goyal, Founder and Chairman, Go Digit General Insurance for the Startup category, Sameer Nigam, Co-founder and CEO of PhonePe for Business Transformation, and Dr. Anish Shah, Managing Director and Chief Executive Officer, Mahindra Group was named the Entrepreneurial CEO.
Addressing the winners via a video message, Shri Piyush Goyal, Honourable Minister of Commerce and Industry, said, “This award is more than just an accolade, serving as a beacon of global innovation and a celebration of those who redefine the power of possibilities. I commend EY’s 26th awards event, and congratulate the winners who turn ideas into industries, dreams into disruption, and challenges into opportunities. May this milestone further ignite their drive to dream, innovate, and propel India towards Viksit Bharat 2047.”
The EOY 2024 winners boast of a collective revenue of nearly INR 2 lakh crore with a combined valuation (listed and unlisted companies) of over 15 lakh crore and are instrumental in providing employment to almost 3 lakh individuals across the globe.
Highlighting the winners’ achievements, Rajiv Memani, Chairman and CEO, EY India said, “Entrepreneurs are India’s biggest competitive advantage and economic force multipliers. EOY winners reflect the tremendous impact Indian entrepreneurs are creating in India and globally. I congratulate the 2024 winners who are transforming their industries, scaling their businesses, and building an unbeatable moat to drive sustainable growth. I also want to thank our esteemed jury for their meticulous evaluation and recognizing our outstanding entrepreneurs.”
K.V. Kamath, the esteemed Padma Bhushan recipient and Chairman of Jio Financial Services, was honoured with the Lifetime Achievement Award in recognition of his substantial contributions to India’s financial services sector. His visionary leadership has inspired leaders across the industry.
Dr. S. Somanath received the Special Jury Award in recognition of his instrumental contributions to space ambitions by leading India’s landmark space missions, establishing a legacy of innovation and outstanding scientific achievement.
EOY 2024 Jury
Led by Sajjan Jindal, Chairman of JSW Group, the Jury included Dinesh Kumar Khara, Former Chairman, State Bank of India, Gaurav Trehan, Co-Head of Asia, Head of Asia Private Equity & CEO, KKR India, Ranjan Pai, Chairman, Manipal Education and Medical Group, Roshni Nadar Malhotra, Chairperson, HCLTech, Sanjeev Bikhchandani, Promoter and Executive Vice Chairman, Info Edge, Shailendra Singh, Managing Director, Peak XV, Shweta Jalan, Managing Partner, Advent International, Sunil Kant Munjal, Chairperson, Hero Enterprise, and Vellayan Subbiah, Chairman, Cholamandalam Finance and Executive Vice Chairman, Tube Investments of India.
Past World EOY winners
N.R. Narayana Murthy, Infosys (2003), Uday Kotak, Kotak Mahindra Bank (2014), Kiran Mazumdar-Shaw, Biocon (2020), and Vellayan Subbiah, Cholamandalam Investment and Finance and Tube Investments of India (2024) have bagged the World Entrepreneur Of The Year™ title.
Read more about the 26th EY Entrepreneur Of The Year™ Awards Program at EY Entrepreneur Of The Year India | EY – India