The correct answer is Udayakumar.

Udayakumar, a Mumbai-based designer, was selected for designing the new Indian Rupee symbol (₹). His design, chosen from numerous entries submitted in a competition, was deemed the most representative of India's cultural heritage and national identity. The symbol's elegant form combines elements of the Devanagari 'र' (Ra) with two horizontal lines to signify the stability and modernity of the nation. The selection process was rigorous, involving expert committees who reviewed countless proposals for their artistic merit, symbolism, and practical applicability. The chosen design not only fulfills an aesthetic standard but also reflects the values and history of India. The symbol, subsequently adopted by the Indian government, has now become an integral part of India's financial identity, seen widely in banknotes, financial documents and digital transactions. Its unique and instantly recognizable design serves as a powerful visual symbol of India's economic growth and identity on a global scale. The symbol's adoption signified a major step towards national branding and international recognition of the Indian Rupee in the global financial marketplace. The success of the symbol hinges on its ability to be easily reproduced across various mediums and its unambiguous representation of the Indian currency. The choice of Udayakumar's design reflects the successful culmination of a comprehensive design competition and extensive evaluation by panels of experts. The enduring nature of the symbol testifies to both the designer's skill and the thoughtful process employed in its selection.