India has largest democracy in the world and holds the second largest population in the world. Over the past few decades India has seen a huge boost in its economy. India has maintained an authentic practice of wealth creation by producing many prominent entrepreneurs and enterprises. In this article let’s see who are the top 10 successful entrepreneurs of India.
After the boom in digital platform and internet connection entrepreneurship in India is reaching greater heights.
The top 10 entrepreneurs in India are –
The founder of Oyo Rooms , he is the youngest and self made entrepreneur in India. Ritesh Agarwal tops our list of 10 successful entrepreneurs in India. He is a recipient of several awards and appreciations including the Business world young entrepreneur award. He was born in Odisha and spent his childhood in Titilaghrh. After school he went to Delhi to pursue an undergraduate degree but dropped out of the college within first two years. After that formed his first company in 2012 named Oravel. Later in 2013 he relaunched it as OYO HOTELS AND HOMES . Till 2015 it developed a small network of hotels. By 2018 it raised $1 billion and in 2020 his net worth was estimated around $1.1 billions.
The founder and CEO of the edtech start up Byju’s, considered to be one of India’s most valuable start up .It is one of the biggest global brands in the edtech sector and is valued at $21 billions. He is second in our list of 10 successful entrepreneurs in India. Byju Raveendran won the Ernst and young entrepreneur of the year award for the startup category among many other prestigious awards. He spent his childhood in Azhikode, Kannur , Kerala. He went to a Malayalam medium school where both his parents were teachers of mathematics and physics respectively. Later he went on to pursue Btech from Government college of engineer in Kannur .
He then joined as a service engineer in a multinational shipping company. During a vacation he helped few of his friends to clear the CAT exam and they passed with flying colors. Then he himself appeared for CAT twice and scored a 100th percentile . This prompted him to form BYJU, a test preparation business. In 2011 he formed Byju’s with his wife Divya Gokulnath . In 2015 he launched the Byju’s app and expanded it to US, UK and English speaking countries. India is the second largest edtech market in the world after United States. It is estimated to grow more in the coming years. Byju’s startup valuation has recently crossed $14 billions .
The founder and ownerof one of the most successful online lingerie shopping platform, Zivame. Richa is the first women to top our list of 10 successful entrepreneurs in India. She was born in Jharkhand, Jamshedpur. After completing her studies she worked in the IT sector for quite a few years. Then she pursued a management degree from the prestigious Narsee Monjee Institute of Management studies in 2007. She then worked for Spencer’s and SAP retailing consulting. It was during her tenure in Spencer’s that she gained significant experience in the retail. which in turn helped her in her startup journey. She then borrowed an amount of Rs 30 lakhs from friends and family, started out in a small office space on 25th August 2011. She received her first order 5hrs later on that same day.Within 3 years of its launch Zivame has grown into a strong startup and continues to get stronger even now.
The founder and CEO of Zomato. Born and bought up in a middle class family of Muktsar, Punjab. He completed his graduation from IIT Delhi in Mathematics and Computing. Post graduation he started working as a management consultant at Bain and Company in New Delhi. While working he found there was a great demand for menu cards within his colleagues. That’s when he thought the idea of Zomato. He left the job and started journey of his entrepreneurship with his own food startup Foodiebay in 2008.Later renamed it as Zomato in 2010. Back in 2018 Ant Financial , the payment affiliate of Alibaba invested 210 million dollars in Zomato. Zomato went public in July 2021 to raise funds of about $1.1 billions.
The inventor, founder and CEO of TheFreshglow Co. , she is one of the young Indian entrepreneurs who has taken it to the world to talk about food waste .Her story of humble beginnings and empowerment has been subject of a short dilm in Hollywood. She holds for patents and is a recipient of the Biennial Index Design to improve life award. She spent many years building he idea of infusing the spices into sheets of paper and making her own blend of papers from a local craft shop. This spice infused fresh paper helps keeping food fresh by preventing Bacterial and fungal growth.
The founder and CEO of online fashion portal Limeroad.com .Conferred with various awards for her contributions to the business of consumers technology, she aimed to make the world’s largest women’s only market place in South eastern Asia. Born and brought up in Haryana she completed her education from St. Stephen’s college, Delhi and then Bachelors of art degree with economics and Mathematics from university of Cambridge. After this she had a extremely successful career of about 8 jobs in the corporate sectors and then went on to found her own venture Limeroad.com in 2012. It was after the birth of her second child , when she saw an advertisement on of an necklace and wanted to have it immediately, she felt the vacuum in the market place. And eventually this culminated to the formation of Limeroad.com.
7.Vijay Shekhar Sharma
The founder and ceo of probably one of the most common online mode of payment, PAYTM . He hails from alittle village near Aligarh which had limited internet and no mobile connectivity. He was named as India’s youngest billionaire in 2017 by Forbes with a net worth of $1.3 billions . Born to father who was a school teacher and mother who is a homemaker, he started with just a salary of 10000. He still loves having tea at roadside stalls and often walks to get milks and breads. Paytm started as a mobile recharge company and its growth started after uber listed it as a payment option in India. He has been featured in Times magazine’s world’s 100 most influential people 2017 list. Amongst many others, he is also the recipient of the highest civilian honor of Uttar Pradesh, Yash bharati.
Falguni Nayar is founder and the CEO of beauty and lifestyle retail company Nykaa. She is one of the two self made female Indian billionaires. She founded Nykaa in 2012 after her 18 years stint at Kotak Mahindra bank. It was her love for makeup and makeup products and the instinct that India needed an online platform for wellness and cosmetic brands all over the world she headquartered her start up in Mumbai. Bridging the gap and making it super comfortable for women to shop, she has successfully partnered with more than 850 brands and 35000 products. The company also has retail presence in 17 cities across India.This beauty startup made its blockbuster debut in the stock market in 2021.
The founder and CEO of edesign and Tiny Logo. She is also known and regarded as the youngest CEO and web designer in the world. Recipient of several prestigious awards,she has a gift for designing websites. The companies provide services in web design, Search Engine optimization and other fields to many popular brands. She started meddling with computers at the age of 3, designing at the age of 4 and came up with her first website at the age of 6. She even prepared the website for the school where she was studying.
The founder and CEO of Indian fitness company , CRED which is based in Bangalore. It was founded in 2018 whose main feature is reward based credit card payments. Born and brought up in Mumbai, he completed his education from Wilson College in Mumbai and later in Narsee monjee Institute of Managemental studies. He dropped out of MBA and founded several startups which failed to make its mark and then in 2018 founded Cred . By 2021 , the company had on boarded over 5.9 million users and further aims to monetize through 7.5 million users. He describes cred as trust tech company rather than a fintech company as his motivation to start cred comes from solving trust issues in the Indian society, and according to him this is the key to economic prosperity.
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