Interestingly, with 83 per cent of entrepreneurs being first-generation founders, the list reflects India's growing spirit of entrepreneurship and leadership.
The 'angel tax' and notices to start-ups and angel investors from the income tax department was certainly a dampener. However, a bigger factor is the lack of exits.
Parth Jindal revealed that their skipper Rishabh Pant wanted to have the pacer in the team.
A total of 62 players were sold at the auction for the 13th edition with the eight franchises spending a total of 1.403 billion rupees ($19.73 million). Australia's Pat Cummins became the most expensive overseas buy ever in the Indian Premier League when the Kolkata Knight Riders paid a staggering Rs 15.50 crore ($2.18 million) for the fast bowler in Thursday's auction in Kolkata on Thursday.