Today, We’ll featuring top young entrepreneurs from India, who have actually inspired entrepreneurs across the world.
India has one of the youngest populations in the world. Despite their education, many of these young individuals are looking for work. While concentrating on economic growth, the government has been attempting to increase job possibilities for youngsters. The Government of India uses entrepreneurship as one of the tools for creating job possibilities.
According to studies, 11 to 15% of Indians are active in entrepreneurial activity. Furthermore, only 5 to 10% of these entrepreneurs went on to grow their businesses. People are opting for entrepreneurship at the moment. However, not everyone succeeds as an entrepreneur. Indian Entrepreneurs are now rocking the world market.
The experiences of these young Indian entrepreneurs should inspire everyone who is thinking outside the box and considering starting a business.
Top Young Entrepreneurs from India:
Here are some details about top young entrepreneurs.
Ritesh Agarwal: One of top young entrepreneurs
Ritesh Agarwal, the Founder and CEO of Oyo Rooms was born in Bissam, Cuttack, Odisha, in the year 1993. He started selling SIM cards when he was 13 years old. After finishing high school, he went to a college in Delhi but dropped out to attend the Thiel Fellowship program, which billionaire internet investor Peter Thiel supports.
In 2012, Agarwal started his first startup, Oravel. Touted as India’s Airbnb, the firm changed its name to OYO Hotels and Homes in 2013 and is now one of the Earth’s largest hotel chains. Ritesh’s current net worth is estimated to be approximately $612.1 million, making him one of the country’s most recognized and successful young Indian entrepreneurs.
Bhavish Agarwal was born in Ludhiana and graduated from the Indian Institute of Technology Bombay with a B.Tech in computer engineering in 2008. Bhavish later quit a lucrative job at Microsoft to work for Ola Cabs. In Bengaluru, Agarwal co-founded Ola Cabs in January 2011. Ola valued the company at $6.2 billion in May 2019.
Nobody could deny that his strong will, perseverance, and energy to meet life’s problems propelled him to the pinnacle of accomplishment. Bhavish Aggarwal is one of India’s most successful entrepreneurs. Bhavish Agarwal’s current net worth is $500 million.
Zerodha was founded by Nithin Kamath, who also serves as its CEO. At 17, he began trading stocks after being exposed to the markets by friends. Zerodha pioneered the discount broking concept in India, allowing its customers to trade and sell stocks.
Zerodha has over 7 million users despite never having sought any funds. 5 million of them are active users. Traders who have transacted at least once a year are considered active users. Nithin Kamath’s net worth has grown to $1.9 billion, making him the country’s third-largest stock trader after ICICI and HDFC.
BJYU’S The Learning App is an ed-tech company launched in 2011 by Bjyu Raveendran. Byju Raveendran, a math teacher who later became an entrepreneur, was the son of physics and mathematics professors from Azhikode town in Kerala’s Kannur district.
Byju Raveendran is one of India’s most well-known and successful entrepreneurs, with a net worth of $2.5 billion. Byju is one of India’s wealthiest young entrepreneurs, with an ed-tech business worth between $4 million and $6 million. It employs around 12,000 people, including trainees.
Investors such as Mark Zuckerberg and Tencent have funded BYJU’S. The BYJU’S application, aimed at students in grades one through twelve (K-12), has had over 64 million downloads.
These success stories of Young Indian Entrepreneurs can motivate you and inspire you if you are planning of starting a startup.