In India, where a majority of the population goes for cooperate jobs, some innovative minds choose to start their venture. Although 11 to 15% work for startups, only 5 to 10% think of starting their umpire. As per a survey by Statista, it has been found that Mukesh Ambani is among the favourite business tycoons for young entrepreneurial minds. As our Indian economy is growing, so is the chance for youth to start their business increasing. Here are some young minds that have successfully built their empire at a very young age.
1. Peyush Bansal
People may know him as a Judge in the Shark Tank India. But little do they know that he is among India’s top successful entrepreneurs to launch a full-fledged business. He is a visionary mind behind Lenskart, established in the year 2010. It is one of the largest online eyewear retailers, with more than; 50,000 satisfied customers. The net worth of the company is INR 37,500 crores. They have extended their customer base to many online and offline stores in India.
2. Falguni Nayyar
CEO and founder of the exponential Nykaa cosmetics Falguni Sanjay Nayyar is one of the youngest entrepreneurs in India. Falguni, hailing from a Gujarati business family, raised inspiration from her father. She earned her Bachelor’s in commerce and later pursued her Master’s at the Indian Institute of Management Ahmedabad. All this reflected the entrepreneurial spirit of India, leading her to a startup Nykaa, a rich beauty brand and lifestyle retailer in India.
3. Bhavish Aggarwal
The Co-founder of Ola company, Bhavish Aggarwal, is another successful entrepreneur to top the list. He was born in Rajasthan and is from an engineering background. With a transport startup, Bhavish has reached his customer base all over India. He has built a net worth of $ 4.8 billion as of May 2013. Bhavish has received several awards, including the Entrepreneur of the Year award at the Economic Times Awards for Corporate Excellence in 2017. By focusing on innovations and technologies, Ola has become one of the trusted cab rides in India.
4. Vineeta Singh
Vineeta Singh is among the top female entrepreneurs in India. Vineeta stands as a role model and is an inspiration to all women. Being the youngest founder of Sugar Cosmetics, Vineeta has achieved great heights. Her net worth is about $10 million. From summer internships to various senior posts, glorifies her commendable journey in building her beautiful emperor.
5. Nikhil Kamath
Nikhil Kamath is the CEO and founder of Zerodha. Zerodha, established in 2007, is an online stock firm that is redesigning the future of the Indian economy. He started trading stocks when he was first introduced to it by his friend at 17. Cracking codes to trade stocks at a much cheaper rate than the competent. With a net worth of $1.9 billion, Zerodha is one of the third-largest stock brokers in India. It has over 7 million users, while, 5 million active ones exchange stocks more than once a year.
6. Sreelakshmi Suresh
One of the youngest web designers, Shree Lakshmi Suresh, started her venture ‘eDesign Technologies’, at eight. She is India’s youngest businesswoman under the age group of 30 years. Having won the Guinness World Record, her company is focused on giving unending web designing and associated services to its customers. Her passion and dedication towards her work helped her to achieve extraordinary heights. Apart from eDesign Technologies’, she has also founded TinyLogo.
7. Ritesh Agarwal
Oyo Rooms founder Ritesh Agarwal was born in Bissam, Cuttack, Odisha, in 1993. During childhood, he used to sell SIM cards. Later, in 2012, Agarwal started a venture known as Oravel, which was later changed to Oyo Hotel Rooms. Today, Oyo is among the top hotels in India, giving hotel rooms at cheaper rates. Not only in India, but OYO has spread across different countries such as Japan, China, Nepal, the UK, Russia, Malaysia, and the U.S. Ritesh is among the prosperous and youngest entrepreneurs with a net worth of $612.1 million.
8. Ghazal Alagh
By taking into consideration environmental concerns, Gazal Alagh, the Co-founder of Mamaearth, invented sustainable products. These products are made from eco-friendly products. Ghazal, along with her husband, Varun Alaghin, started the company in the year 2016. Gazal was pregnant and was going to give birth to a child. But she wasn’t able to find any good skin care baby products. Hence, Gazal decided to start Mamaearth, made with natural ingredients. Today, Mamaearth is a $1.48 billion company with a prime motive of creating toxic-free products.
9. Deepinder Goyal
In the year 2008, Deepinder Goyal established the food delivery company known as Foodiebay. As a foodie, Goyal was inspired to deliver food with the click of a finger. Today well-known as the Famous food delivery company Zomato, he has set a benchmark for all his competitors in the food and restaurant company. It is reported, that Goyal’s net worth is $750 million, making it to the top 10 Successful Young Entrepreneurs in India 2024.
10. Vandana Luthra
Vandana Luthra is the founder of the famous age-old VLCC Health Care Ltd. It is a beauty and wellness company with a full-fledged operation. In 2014 the customers were from Asia, including Africa and the GCC nations. Luthra is involved in serving the B&WSSC, which is in coordination with the government’s Pradhan Mantri Kaushal Vikas Yojana programs. In the year 2014, she started to help as the chairperson. This B&WSSC organisation provides training to young learners to maintain the beauty standard and is supported by the Indian Government. Her net worth is about around Rs.1300 crores.
Conclusion
Setting up a successful startup isn’t a day’s work. All these entrepreneurs have worked hard day and night to set up their successful ventures. Those at their peak should take inspiration from them and work on their motives without giving up in Life. It is always good to read their success stories as this will help young businessmen to bloom towards success.
