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The Original Unicorn: How Annamalai Chettiar Built India’s First Financial Empire Before Startups Were Cool

Masum Ali Published Jul 05, 2025, 03:22 PM Updated Sep 16, 2026, 11:19 AM

Long before the term “unicorn” meant billion-dollar startups, Raja Sir Annamalai Chettiar was crafting India’s first financial powerhouse—spanning banking, education, philanthropy, and industry. Born in 1881 into the wealthy Nattukottai Nagarathar community, Chettiar expan...