In a cut-throat competition among the population of more than 1 billion people, we need more leaders that pave their own path, create opportunities for others within the limited resources available. The youth in India is giving out a loud and clear message that they are not going to stop. In the last decade, as the technology improved and evolved, we got some young talent who started their journey from scratch to become successful.
India has its own club of successful entrepreneurs having people from all the backgrounds and different industries. Each entrepreneur has made it big with their startup venture and is a source of inspiration for many young entrepreneurs. These entrepreneurs had some of the best business ideas which they later converted into successful businesses.
Here is a list of such entrepreneurs of new India who have set a remarkable example of the idea that it is never too late or never too early to follow one’s dream of being an entrepreneur.
He started his journey in the entrepreneurial world with Oravel Stays which was a budget hotel chain that provided B&B. It was Ritesh’s first startup which later transformed into OYO Rooms which was set up with an idea of providing hotel rooms to budget travelers. Oyo started with just 11 rooms in Gurgaon but now boasts of 1,43,000 rooms in about180 cities pan India and 330, 000 rooms in almost 500 cities globally. It is marked as India’s fastest-growing and largest hotel-chains serving people with the budget accommodation.
She is the founder of the popular website YourStory. She started YourStory with the aim of telling stories of entrepreneurs just like her. Later, it gained so much popularity that it has a loyal readership of about 10 million readers per month and has 72,000 articles in its catalogue. YourStory is all about innovating, successful and brilliant entrepreneurs which can motivate and inspire young and upcoming entrepreneurs.
Azhar started “News in Shorts” for people who are short on time but still want to be updated with what’s going on around them. He was an IIT Delhi alumnus who decided to curate the news that are short and crisp for the people who are always on the go. “News in Shorts” conveys every piece of news within 60 seconds and is a perfect solution for lazy and short on time people to read vital news in a matter of minutes. It started as a Facebook page but recently received Rs. 25 crores in funding. The company has already touched the heights of success and still heading to get more out of it.
Azhar is a 4th-year college dropout and has a set a brilliant example of successful entrepreneurship even after dropping out from academics.
Sachin started Flipkart which was the first idea in India for doing online business on such a huge platform. Flipkart has escalated to one of the biggest e-commerce websites in India presently. Flipkart started as an online bookstore but now sells everything online which is sold in retail markets in India. He was an IIT graduate who worked for Amazon before starting Flipkart. But he started the company in 2007 and sustained on the position for 11 years long period.
Nanadan is the proud owner of Swiggy which has completely revolutionised the food delivery and food industry in India. He started it from a small business of delivering food in the neighborhood and then later expanded it into a big enterprise. From a street hawker to a big restaurant chain, Swiggy has a huge base of restaurants as well as customers who use it on a daily basis. Swiggy has calculated approx. 1.5 million orders on a daily basis in October 2019 which is almost double of the last year’s numbers.
Vijay Shekhar Sharma
Vijay Shekhar Sharma has founded the mobile payments company Paytm and is counted among the top billionaires in India. His first establishment was “XS communications” which created content management systems. Later, he went on to found India’s most trusted mobile payment company (One97 communications) Paytm.
He belonged to a small town in Aligarh and succeeded to start a fast-rising digital mobile wallet company. The company, during the demonetization, reached 400 million users and 20 million transactions on a regular basis. He also started Paytm mall and Paytm payments bank lately.
Sridhar Vembu is a popular name in the for founding the cloud-based software company, Zoho. He is IIT, Chennai and also holds a Ph.D. in electrical engineering. He first founded AdvetNet Inc. which he transformed into an online program and application provider and then ultimately became a renowned tech name in the corporate sector. Now it is a big name in the industry making software and business applications.
Deepak Ravindran is the founder and CEO of the Bengaluru-based company Innoz technologies. He was a brilliant science student but he dropped his college to start his first venture. He started Lookup ensuring that the customers can easily get in touch with the merchants without having met them. Innoz technology was the SMS based search engine that transformed into a successful platform. He co-founded three companies overall that makes him one of the best leaders in India.
Reference Article: Rise of new trend of e-commerce in India
Reference Article: Entrepreneurship program launched in India