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Top 10 Indian Entrepreneur’s Success Story

Indian Entrepreneur's Success Story
Table of Contents

In the world of Indian business, some people started small and became really successful. This blog is about the stories of the top 10 Indian entrepreneurs who worked hard and did smart things to succeed. Their journeys are like adventures, showing how they never gave up and had cool ideas.

Success doesn’t happen quickly; it’s like growing a plant—it takes time and care. These entrepreneurs didn’t become successful overnight. They worked hard every day and didn’t give up when things got tough.

Success is not just about big achievements; it’s also about doing small things consistently over time.

Their stories teach us that if we keep trying and learning, we can be successful too.

Remember, success is more like a long race than a short sprint.

These stories not only make you feel inspired but also teach important things for people who want to be entrepreneurs. So, let’s take inspiration from them, keep going, and believe that our efforts, no matter how small, add up to something big in the end.

So without any further ado, let’s get started!

Top 10 Indian Entrepreneurs

Indian Entrepreneurs Success Story

The following is a list of the top 10 Indian entrepreneurs’ success stories that you need to know. You will certainly be inspired by our newest entrepreneurs in India following reading this post. Let’s start moving now.

1) Binny Bansal and Sachin Bansal – Flipkart

Binny Bansal and Sachin Bansal

Out of all Indian entrepreneurs, The first successful youngest entrepreneurs in India are Binny and Sachin Bansal and is considered as one of the best Indian entrepreneurs’ success stories compared to others.

Flipkart began as a little eCommerce venture run out of Binny and Sachin Bansal’s garage, and the remainder is the course of time. In 2018, Flipkart was sold to Walmart by one of the richest businessmen in India for almost $16 billion.

The graduate in IIT assisted Binny in running his own book distribution business and setting up the e-commerce marketing trend. The company’s design was handled by Sachin, search engine optimization, marketing, and content. Binny did a good job of handling the logistics along with back-end operations.

When the initial Rs 4,00,000 project received attention to detail, Walmart made a spectacular offer. In reality, Bansal created the initial version of the website fully from scratch. He has been constantly spending through Navi Technology, the business that he is working for. Flipkart is without any question one of India’s best-known start-up stories of achievement.

2) Bhavish Aggarwal- Ola Cabs

Bhavish Aggarwal

The second-youngest successful Indian entrepreneur is Bhavish Aggarwal.

Even though Bhavish Aggarwal worked for Microsoft’s investigators for two years, He carried on an amazing journey. He founded Ola Cabs, a billion-dollar company with his vitality and unique viewpoint, Bhavish—an IIT Bombay alumnus—created a framework for success.

In 2015, Bhavish overtook the co-founder Ankit Bhati as the youngest member of Forbes’ list of the wealthiest Indians. He launched his own taxi company despite using costly and inferior taxi services. Ola makes it simple to reach out a cab from any place in the nation. The popularity of Bhavish grows as more small and large cities accept it.

Since then, he has established an image as a thriving businessman. With almost a million users nationwide, Ola Cabs is an extremely popular taxi service.

3) Ritesh Agarwal – Oyo Rooms

Ritesh Agarwal

Ritesh Aggarwal is considered the third-youngest richest Indian entrepreneur.

Ritesh Aggarwal had no concerns regarding looking into things or taking chances. Additionally, he received full payment as a result of the success of Oyo Rooms, a business he founded in 2013. During the midst of the global economic downturn, he rose to become the second youngest billionaire.

Ritesh did not attend college in the same way that most students do. Before finishing his education, he left the Indian School of Business and Finance. That must be terrible. Ritesh’s success is unaffected by the absence of higher education. Oyo put past experiences in the past and concentrated his focus on the near future when he was awarded a Thiel scholarship.

Providing affordable housing has always been his top priority. No matter where you go, Oyo still provides. Oyo is anticipated to have been worth more than 1.1 billion by the year 2020. Ritesh has come a long way, regardless of his young age of 27.

“OYO Rooms” is India’s largest low-cost hotel chain, having more than 500 establishments and 50,000 guestrooms. Ritesh Agarwal launched it in 2012 with the intention of offering basic, reliable lodging, but it has since entirely transformed into the Indian hotel sector.

4) Rahul Jaimini, Nandan Reddy & Sriharsha Majety – Swiggy

Rahul Jaimini, Nandan Reddy & Sriharsha Majety

Among all the businesspeople, Rahul Jaimini, Nandan Reddy, and Sriharsha Majety were the three most successful and youthful Indian entrepreneurs. Their stories have been considered as one of the ideal entrepreneur’s success stories.

One particular food delivery service, Zomato, is quickly making a name for being one of the most popular ones, in addition to Swiggy. Even so, a solid foundation was necessary once food delivery first reached the marketplace.

Majesty & Reddy’s objective was to provide a reliable courier service. They had different views though upon meeting Jamini. Due to the growth of its network, Swiggy emerged. Since its debut in 2013, Swiggy has generated considerable revenue.

Owners of businesses have regularly placed a high priority on customer happiness. Due to Swiggy’s efficient technical procedures, customers receive the food they ordered on time.

The issue of finding distant workers who can deliver food timely has been solved by Swiggy. The unicorn company has exploded with the help of all founders and is currently well running at present.

5) Vijay Shekhar Sharma – Paytm

Vijay Shekhar Sharma

Vijay Shekhar Sharma is the fifth-youngest successful entrepreneur in the nation, ranked against other businesspeople.

Vijay Shekhar, who is still the company’s CEO, launched Paytm. Without any question, the popularity of Paytm contributed to a rise in digital payments. Sharma had an image for doing top-notch work while he was a student at DTU and developed Indiasite.net. He received $1,000,000 in compensation for that. Then he established One97 Communications, which later evolved into Paytm.

Paytm has completely changed how people make online payments, and it doesn’t appear like it will ever stop. As a consequence, Vijay Shekhar’s standing in society continues to rise.

We would not have phones if Paytm money hadn’t existed; This illustrates how well Paytm has interacted with the general people and how it will do so moving forward.

6) Sridhar Vembu- Zoho Corporation

Zoho Corporation, founded by Sridhar Vembu in 1996, is a remarkable success story of an Indian entrepreneur. Born in a small village in Tamil Nadu, Vembu’s journey is an inspiring tale of determination and hard work.

From a young age, he displayed a passion for technology, which led him to pursue electrical engineering and later obtain a Ph.D. in the United States. In 1996, Vembu, along with a dedicated team, established Zoho Corporation (previously AdventNet) with the vision of creating affordable software solutions for small and medium-sized businesses.

Despite limited resources, Vembu adopted a bootstrap approach, building their own infrastructure and writing their own code. Their breakthrough came with the launch of their productivity suite, which offered a cost-effective alternative to established software giants.

Zoho’s success can be attributed to its customer-centric approach, actively seeking feedback and continuously improving its products based on user needs.

Today, Zoho serves millions of users worldwide and has gained global recognition for its innovative approach and commitment to customer success. Sridhar Vembu’s story is a testament to the power of perseverance, passion, and a relentless focus on delivering value to customers.

7) Deepinder Goyal – Zomato

Deepinder Goyal

Foodiebay is an uncommon brand. Deepinder Goyal established Foodiebay, despite Zomato, a renamed version of it, being more widely recognized now.

Zomato began as a website where users could rate and comment on meals. Meal bloggers were asked to write in-depth assessments of the quality of the cuisine and service at each establishment. Additionally, it gave Deepinder’s coworkers a chance to view menu cards, which encouraged him to start utilizing Zomato. He attended IIT Delhi as well as started working for Bain & Company before establishing Foodiebay.

In the last ten years, Deepinder’s has become one of the most well-known food entrepreneur success stories throughout the country. The company has at present business in Qatar, New Zealand, Portugal, India, and also. In addition, Zomato acquired Urbanspoon as well as introduced a food delivery service for both Australia and the United States of America.

They required adequate money when they first launched Zomato, but as they say, persistence pays off. The current success of Zomato is well-known to us all.

Zomato has also dabbled with online advertising. It makes it possible for businesses to grow without having to add more expenses.

8) Varun Alagh and Ghazal Alagh – Mama Earth

Varun Alagh and Ghazal Alagh

Ghazal and Varun, who have been partners in actual life, founded Mamaearth. Mamaearth is an online-first firm that relies on advertising arrangements with directly to consumers websites including Amazon, Flipkart, and others, their inescapable contracts, including the recommendation of products found in traditional stores throughout the actual world.

Although they had told a young child to move carefully, Varun and Ghazal were aware that the infant’s skin was damaged by the newborn care items they had been passing over as well as that there had been no additional suitable choices.

As they required assistance finding reputable items in India, the two of them took the decision to purchase reliable, equivalent childcare products created outside of India.

Later, the group started talking about matters pertaining to the US, which required more funds and more preparation. As a result, the partners collaborated to introduce Mamaearth, a line of baby products.

9) Falguni Nayar – Nykaa

Falguni Nayar

Falguni Nayar launched Nykaa, one of India’s leading organizations for fashion and cosmetics. The owner and the president of Nykaa are well renowned for being among the most opulent independent women in India and the seventh-finest independent woman overall.

In just one year, Falguni’s assets’ total value could vary by Rs 57 crore. The organization gained popularity quickly due to its catchphrase, “Your Beauty, Our Passion,” which appealed to both children and women.

We are aware that Nykaa’s efficient means of advertising for gaining attention via the distribution of substantial and appealing offers had a role in its profitability.

Everything began in 2012 with the founding of Nykaa. When looking for a thrilling opportunity for his company there, Falguni Nayar came upon a difficulty regarding the Indian market for cosmetics. Despite high demand, the Indian market for cosmetics lagged behind those in other nations as a result of inadequate access to products in numerous regions.

This inspired her to start Nykaa with Sanjay Nayar’s assistance. Before establishing an omnichannel relationship with Amazon, Flipkart, and many other retailers, the stage was the first web-based cooperation.

Falguni spent over 25 years working in the business sector before starting her imaginative work when Nayar was getting close to 50.

They now have an excellent basis for successful online advertising or initiatives, even though they first encountered several marketing and advertising issues.

10) Girish Mathrubootham and Shan Krishnasamy – Fresh Works

In 2010, Shan Krishnasamy and Girish Mathrubootham established Freshworks within Chennai. To meet the needs of its consumers, the company provides a range of product suites. Contracts including CRM software, enrollment tools, client assistance support programming, and numerous additional desired top-quality things are examples of new works that fulfill representational purposes.

One of the top SaaS businesses throughout India, Zoho Corp, had hired both of their current coworkers throughout the past. In this market, there were two main competitors: Freshworks along Zoho Corp.

Freshworks sold 28.5 million regular supplies on September 22 to record a market record of $48.75 for the day.

Through Zoho, Girish, along with Krishnamoorthy, initially interacted. By promoting customer assistance services when accessible, they can start new backtalk enterprises with a similar frequency and expertise. Even an organization has encountered severe shock due to Zendesk’s fee hike.

He was able to carry out this brilliant notion. Thus, in 2010, with only six employees, Krishnamoorthy and Girish founded their own Sass company after leaving Zoho.

The organization worked tirelessly for approximately eight years to increase its revenue to $100 million. After switching from Freshdesk to Freshworks right away, the company was able to expand its customer base and establish a base of operations in the US.

How You Can Become a Successful Entrepreneur?

To be a successful entrepreneur, one needs a particular set of skills, a certain style of thinking, and a particular set of tactics. First and foremost, you must uncover a market opportunity within a passion or issue you care about.

Your motivation and tenacity through the inescapable obstacles you’ll encounter along the path are fed by your passion. Create a thorough business strategy, including your objectives, target market, and winning methods. This strategy will act as your road map and keep you organized and in the present moment.

Additionally, it’s crucial to keep yourself informed about market conditions, industry developments, and necessary abilities. You can get crucial advice and assistance by connecting with other business owners and looking for mentors.

Entrepreneurs must embrace risk-taking and learn from mistakes. Failures are learning experiences. Thus, adjusting, iterating, and pivoting as necessary is critical. Creating a solid team with complementary talents and the same goal is also crucial.

Be in the company of smart people who support your objective and can help you realize your ideas. Stay productive and focused by practicing discipline, time management skills, and work prioritization. Finally, remember that a growth mindset will help you overcome challenges, learn from failures, and continually improve. Entrepreneurship success is a journey that calls for commitment, tenacity, and the readiness to take prudent risks while learning from wins and mistakes.

FAQ’s

1. Who is the most wealthy entrepreneur in India?

Mukesh Ambani is the richest business person in the 21st CE.  On the list, there are more ambitious entrepreneurs competing for business in this stern sector.
2. Who owns the most valuable startup in India?

Zerodha, owned by Nithin Kamath, is considered one of the most valuable startups in India.

Zerodha was established in 2010. It is an Indian financial services firm (NSE, BSE, MCX member) providing commission-free equity investments, retail, institutional broking, and trading in currencies and commodities.

Headquartered in Bangalore, it operates in nine Indian cities and holds a position on NSE’s consultative committee for business growth.

2. Who owns the most valued startup in India?

Byju’s owns

3. Who is the true businessperson?

A person who is driven solely by financial and psychological benefits is an entrepreneur. He engages in entrepreneurial endeavors for his ego, status, or personal job fulfillment.

4. Can I start a business in India at age 16?

In India, registering a business requires a minimum age of 18. This condition has been set down by the Companies Act of 2013, which also provides a minimum age limit for corporate and individual directors.

5. What is the minimum age for the startup?

18 or older

Any Indian citizen who is at least 18 years old may apply for the application. Original Entity – The promoters should have created the Company or Entity from scratch rather than dissolving or reorganizing an existing company.

6. What are some key characteristics of successful Indian entrepreneurs?

Successful Indian business people frequently possess numerous essential traits. These may consist of the following:

  • They strive diligently to accomplish their dreams and goals because they clearly understand them.
  • In the face of obstacles and setbacks, they exhibit tenacity and perseverance.
  • They are frequently praised for their capacity for original thought and creative problem-solving.
  • They quickly adopt new technology and trends and adjust to shifting market situations.
  • They are prepared to explore unexplored territory and take measured risks.
  • They have a good work ethic and are prepared to make the sacrifices required to accomplish their objectives.

7. What are some of the challenges faced by Indian business people?

On their way to success, Indian business owners must overcome many obstacles, including:

  • Infrastructure: Entrepreneurs may need more physical and digital infrastructure, especially in rural locations.
  • Regulatory obstacles: Time-consuming bureaucratic procedures and complex regulations can impede corporate expansion.
  • Access to financial services: Entrepreneurs may need more investment and venture capital access to launch or grow their firms.
  • Finding and keeping qualified employees can be difficult, especially in highly competitive industries.
  • Indian markets can be very competitive. Therefore business owners need to stand out and differentiate themselves.

8. What impact do Indian business people have on the economy?

Indian entrepreneurs were crucial to the growth and economic advancement of the country. They assist the economy in several ways, including:

  • Entrepreneurs create job chances for the workforce by starting and growing their firms.
  • Inventiveness and technology: Entrepreneurs frequently introduce novel ideas and cutting-edge technologies to the market, boosting competition and advancing the economy.
  • Foreign financing: Successful businesspeople draw overseas collaborations and investments, increasing the amount of foreign direct investment (FDI) in the nation.
  • Tax receipts: Entrepreneurs contribute to the nation’s tax revenue as their companies expand, which may be used to fund public welfare and infrastructure improvements.

Conclusion

Inspiring Indian entrepreneurs’ success stories who have succeeded in such a short period were highlighted in this article. Reading these success stories will encourage and inspire you to accomplish great things in your life and profession.

There is no decline in the growth of Indian startups at this point. It’s time to be motivated by these success stories if you’re starting as an entrepreneur or already running a firm so that you can strive even harder to meet your objectives. Now you’ve all the necessary information regarding the above-mentioned topic. For more details, you must read the above-mentioned information thoroughly. It will clear all your doubts.

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