Serum Institute, Byju's top Burgundy-Hurun unlisted companies list

Serum Institute of India and edtech firm Byju’s have topped the list of India’s most valuable unlisted companies, according to the 2022 Burgundy Private Hurun India 500 study.

The Pune-based vaccine producer’s value has increased 20 per cent to Rs 2.2 trillion in the past one year. Byju’s market value has grown 35 per cent to Rs 1.82 trillion, replacing the country’s top bourse, National Stock Exchange (NSE), as the second-most valuable company on the list. NSE has seen its market value erode 17 per cent to Rs 1.39 trillion. Among the top 10 unlisted companies, Swiggy, Parle Products, Razorpay,