THIS IS THE NINTH edition of Fortune India’s 40Under40, where we identify young achievers who made a mark over the past year in business and economy. For this year’s listing, the achievers needed to be under 40 years of age as on March 31, 2024.

Fortune India kickstarted the process by asking our team of journalists, HR heads and senior professionals across industries to recommend names of people who made an impact over the past year. In addition, we invited nominations via Fortune India’s social media handles. We received around 175 nominations by the stipulated deadline.

This year, we continue with what we initiated last year — of two sets of candidates. Those who made an impact in legacy companies and founders of start-ups and young professionals leading organisations.

The candidates were required to provide exhaustive information which included details of how they have been disruptors; how the business scaled up in the last year; how the company’s offering is different from others; any decisions taken by them that helped the organisation. They also needed to provide their age proof with PAN card or Aadhaar card.

After going through the information provided by the nominees in detail, the Fortune India senior editorial team identified 80 potential achievers — 16 legacy entrants and 64 start-up founders and promoters — whose details were presented before an independent jury that identified the winners based on quantitative information provided by the nominees and qualitative inputs that the jury deliberated upon.

Members of the jury comprised: Aman Gupta, co-founder, boAt Lifestyle; Anil Rai Gupta, chairman and MD, Havells India; Ankur Gupta, managing partner, real estate, Brookfield; Cyril Shroff, managing partner, Cyril Amarchand Mangaldas; Rajat Dhawan, India managing partner & senior partner, McKinsey & Company; and Suneeta Reddy, MD, Apollo Hospitals Enterprise. Rajat Dhawan chaired the jury.

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