New Delhi: Chennai-based SaaS giant Zoho Corporation and Bengaluru-based brokerage firm Zerodha have been recognized as two of Indias most valuable unlisted companies in the 2024 Burgundy Private Hurun India 500 report. The report enlists these bootstrapped firms tremendous growth in a fast-changing economy. According to the report Zoho secured the third spot with a valuation of Rs 1.04 lakh crore a massive 58 percent jump from the previous years valuation. On the other hand Zerodha ranked fourth with a ₹ 87750 crore valuation marking a 50 percent rise year-over-year. To recall Sridhar Vembu Zoho founder had resigned from his executive position to take on the role of chief scientist to focus on research and innovation especially in the field of artificial intelligence and deep tech. Other unlisted companies that have been placed in the top 10 in the report in terms of valuation are Megha Engineering & Infrastructures Parle Products Intas Pharmaceuticals Dream11 Razorpay and Amalgamations.