India, Nov. 12 -- The three 23-year-old co-founders of AI startup Mercor have doubled their fortunes after the company raised $750 million in a fresh funding round, taking its valuation to $20 billion, Forbes reported. The funding round, announced on Tuesday, included investors such as Benchmark, General Catalyst, Nvidia and Salesforce.

According to Forbes, Mercor CEO Brendan Foody, CTO Adarsh Hiremath and chairman Surya Midha are now worth an estimated $4.2 billion each, based on their respective 21% stakes in the company. Their fortunes have risen from around $2.2 billion in October 2025, when the startup was valued at $10 billion.

Notably, two of the three co-founders, Surya Midha and Adarsh Hiremath, are Indian-Americans. The trio b...