Ideas might be the most commonly encountered of entities for the mind but entrepreneurship does not come easy to all. A clear vision and an even clearer focus are the most important element that can make successful entrepreneurs out of starry-eyed dreamers.
No single factor can make a man successful and rich. Opportunities, acumen, and luck will have to play together to decide the professional as well as the financial success of an individual.
Becoming a successful businessman and a rich fellow in young years is no minor feat. Here is the list of top young businessmen in India in 2020.
1. Ritesh Aggarwal (OYO Rooms)
Changing the face of the Indian hospitality sector, OYO Rooms have become a popular choice stay for every trip or long. Being a travel enthusiast, Ritesh realized the need for cheap accommodation facilities housed with all the necessary amenities and thus came up with an idea to start an affordable hotel chain. Ritesh founded the company as a 19-year-old in 2012 with only 11 rooms in Gurgaon hotel.
But with his foresight and tremendous entrepreneurial abilities, Ritesh has now managed to make OYO account for more than 65000 rooms and 5500 hotels across India. The company now operates in five countries including Singapore, it is headquartered in Gurugram while having investment from big names like SoftBank and sequoia capital.
2. Ankit Bhati & Bhavish Agarwal (OLA Cab)
‘Ola’, the company needs no introduction. The first Indian cab aggregator company, Ola has made availing cab services a smooth experience. The company was started in Dec 2010 by two IIT Bombay graduates. Their constant efforts drew the attention of the chairman of the SoftBank(Japanese multinational telecommunications company). They never looked back after the funding they received from their dream project.
Bhavish was once an employee of Microsoft research. Driven by a hyperlocal approach, Ola is committed to its mission of building mobility for a billion people. Staying in line with its mission, Ola has also ventured into auto and bike booking services. In 2017, Ola also started of bicycle sharing service called ‘Ola Pedal’ to facilitate the last mile connectivity.
Now the net worth of Ankit Bhati(29)& Bhavish Agarwal(31) is ₹2385 crore each which is a decent explanation of their success in itself
3. Trishneet Arora (TAC Security)
One of the youngest ‘ethical hackers’ in the country, Trishneet Arora started his company “TAC Security” in 2013 at the age of 19. The India-based company performs Vulnerability Assessment and Penetration Testing for Corporates identifying weaknesses in its cybersecurity. He received funding from angel investor Vijay Kedia and support from former VP of IBM, William May.
Arora was listed among the 50 most influential young Indians by GQ Magazine. He has written books on cybersecurity, ethical hacking, and web defense. He was also named in Forbes 30 under the 2018 Asia List and Fortune 40 under 40 2019 List of India’s business minds.
Read more about Ethical Hacking
4. Farrhad Acidwalla (Rockstah Media)
Farhad Acidwalla at the age of 16, borrowed about ₹1200 from his father to buy an online domain and started organizing a web community and website design particularly focusing on aviation and aeromodelling. To start a web development media firm coined as “Rockstah Media” a company for web development, Advertisement, branding, and Marketing, he sold his initial business idea to a fan for ₹25,000.
Today, at the age of 24-25, Farrhad became one of the top successful entrepreneurs of India. One of the awe-inspiring moment is that he is the youngest guest lecturer in IIT Kharagpur's Annual Entrepreneurship Summit and also a TEDx speaker.
5. Sreelakshmi Suresh (eDesign)
An exceptional brilliant 15-year Old, Sreelakshmi Suresh made Media and dailies focus on her when she became the youngest CEO of the world at the age of 10. Her company eDesign technologies emphasize on SEO, web design, and development. She has designed over 100 websites for well-acclaimed Institutions and organizations all around the country. She is currently completing her education and aims to design more than 100 websites in just one year.
In the List of the young achievers, Sreelakshmi breaks the monotony of male entrepreneurs and shows the way for young girls and women in the country to follow their dream.
Read more about Search Engine Optimization (SEO)
6. Vijay Shekhar Sharma (Paytm)
Vijay Shekhar Sharma is the man behind one of the most popular digital payments platforms in India -Paytm. Paytm has changed the overall system of the Indian payment system these days. It has transformed how people transact and sell and purchase products or services. But much before the mobile-based consumer payment platform got going in 2010, Sharma already was running a mobile internet company One97 Communications Ltd. That is the parent company of Paytm.
Started in 2000, One97 communication is now one of the leading names in mobile internet India and has been instrumental in placing Sharma as the youngest Indian in 2017 Forbes World Billionaire’s List. After the immense success of Paytm, he is enjoying it utterly. He is definitely on the ninth cloud!
7. Sachin Bansal & Binny Bansal (Flipkart)
The most used e-commerce platform Flipkart that we shop from often was founded by the young Indian entrepreneurs Sachin Bansal and Binny Bansal. They have both worked equally hard for their company and have taken it to such a level where other players find it hard to give them a competition. The company was founded in 2007 by both the entrepreneurs who were the alumni of the Indian Institute of Technology Delhi (IITD) and formerly worked for Amazon. The company initially focused on online book sales.
In 2016, Sachin Bansal and Binny Bansal were named to Time magazine’s list of the 100 most influential people. The net worth of Sachin Bansal(35 years old)& Binny Bansal(36 years old) is 9010 crore. Flipkart ranks 2nd in the largest Indian e-commerce website.
Read more about steps to become a successful Flipkart seller
Conclusion
So with this, we end this inspirational story and hope all the people reading this get the motivation to work hard and believe in themselves like all these entrepreneurs did and still do. Our country is grateful to these young talents that have created such a positive impact on the Indian economy and continue to grow and expand in their fields. However, there is always some room for more. There are a lot of fields that still need research and revolutionary startups and entrepreneurs. Let’s all focus on those as well so that our country and the human race continue to progress and prosper.
Written By - Siddharth Shankar
Edited By - Neha Kundu
Social