Becoming an Entrepreneur is the new trend in the market which definitely have given wings to young innovators. Youngsters are increasingly realizing that entrepreneurship is an important tool for country’s economic and industrial development. Here are some the Youngest Entrepreneurs in India who have made nation proud.
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Vijay Shankar Sharma-
Founder of fast-growing payments bank, mobile wallet and e-Commerce business Paytm. He founded One97 Communication in 2011 with offering the Paytm mobile wallet business. He is one of the Youngest Entrepreneurs of India. The excellent rise in the customer base and daily transactions was truly seen after demonetisation–Paytm was one of the most widely accepted wallet payment channels at retail outlets and hence was accepted for daily use by people even after the cash crunch subsided. Paytm now has a customer base of at least 200 million registered users and it does anywhere around five million transactions each day. The company’s stocks have risen impressively over the past year and the nearly 20 percent stake Sharma holds in the over $6 billion worth company makes him the youngest Indian billionaire on the Forbes List of Billionaires.
Sameer Gehlaut is known as a giant in the housing finance space and his Indiabulls Housing Finance is the second largest mortgage lender in India, only behind HDFC. This Youngest Entrepreneurs of India is an engineer by training and has studied from IIT, Delhi. He started with Indiabulls online brokerage in 1999 with two of his college friends. With steel baron Lakshmi Mittal and hedge fund Farallon Capital as early investors, he started the business and the company went public in 2004. He then moved into real estate and is also building a luxury hotel in London’s posh Mayfair area. Gehlaut is a jet-setter and owns his own Global 5000 luxury business jet.
Ranjan Pai is a medical doctor studied at Kasturba medical college and has built up an education and healthcare empire with the Manipal Education and Medical Group International India which runs two colleges in India, one each in Malaysia, Antigua, Dubai and Nepal, 16 hospitals and has two more coming up in the national Capital. He co-founded MEMG and serves as the CEO and managing director of the company. Pai’s grandfather started the business in 1953 in Manipal, Karnataka–India’s first private medical school. Pai’s father took charge of the business after a family split in 1978. Pai resigned from his job as a doctor in the US and returned to India to help his father in the family business.
Pai is Co-Founder, Partner, and Managing Partner of Aarin Capital and a Partner of The Habit Fund. Pai has a diversified portfolio but notable amongst them is his role as a venture capitalist. He backs Saha, a VC fund for women entrepreneurs and an accommodation marketplace Stayology.
Sreelakshmi Suresh, the youngest web designer girl, and CEO in the world and winner of numerous national and international awards embarked on entrepreneurship at an age of 10 by establishing her own venture named eDesign Technologies. eDesign is a website designing company offering services like website design, web development, SEO and logo designing. “Computer is my best friend from my early childhood. When I heard about a boy who developed a website and my parents told me that I too can do like that, I stepped into the world of web designing. When I was 3 years old, I used to draw pictures using MS Paint program in Computer. I gradually learned typing alphabets and started studying web designing. In 4th class, I was entrusted with the work of developing a website for my school,” says Sreelakshmi.
Ritesh Agarwal is 24 years old who is a college dropout and completed his higher schooling at St. Johns Senior Secondary School. Oyo Rooms is a network of 2,200 hotels operating in 154 cities across India – with monthly revenues of $3.5m and 1,500 employees. Ritesh Agarwal becomes the role model and an inspiration for many young entrepreneurs who are dreaming to do something new and innovative and be the next big thing. Ritesh Agarwal is one the most successful entrepreneur in India. Ritesh Agarwal is the man behind the success story of OYO Rooms Founder. Ritesh Agarwal founded Travel and later he rebranded it to OYO Rooms.
Acharya Balkrishna is the man behind FMCG giant Patanjali Ayurved which he co-founded with yoga guru Baba Ramdev in 2006 with the latter as the ideological driver and brand ambassador. According to Forbes, Balkrishna has a 97 percent holding in Patanjali Ayurved. The company draws annual revenue estimated to be over $780 million. Balkrishna transformed Patanjali Ayurveda into one of the frontrunners in the FMCG space and in under a decade, it ate massively into the market share of leading brands like Dabur, Amul, ITC, Hindustan Unilever etc. Balkrishna also looks after the over 5,000 Patanjali ayurvedic clinics, the Patanjali University, Patanjali schools, yoga and Ayurveda research institute etc. The group claims that the profits from the sales go to charity and various trusts.
Shravan Kumaran and Sanjay Kumaran
Shravan Kumaran and Sanjay Kumaran are the most Youngest Entrepreneurs of India. Shravan Kumaran is 14 years old and Sanjay Kumaran is only 12 years old. Shravan Kumaran and Sanjay Kumaran are the founders of Go Dimensions, which is an app development they founded in 2011 in Chennai in their home. Shravan Kumaran and Sanjay Kumaran have developed eleven different apps till now which are available on the Apple App Store and Google Play Store. Shravan Kumaran and Sanjay Kumaran’s apps have received 35,000+ downloads. Shravan Kumaran and Sanjay Kumaran has given many presentations as IIM-B and also at a TedX conference. Shravan Kumaran and Sanjay Kumaran had developed more than 150 test apps before launching their first official app.
King Sidharth is one of the youngest entrepreneurs of India with creative and overall confident about his interests. King Sidharth is a magazine publisher, speaker, rad dude and also organized a conference for teenagers called as Createens. King Sidharth gives young teenagers an opportunity to learn about blogging, entrepreneurship, and many more important skills from worldwide expert teams. King Sidharth is popular for his philosophy, designs, and also delivers regular speech across various college events around India and abroad. King Sidharth is one of the youngest successful entrepreneurs in India.
Deepak Ravindran is an Indian dropout and technology, entrepreneur and the CEO and Co-founder of Innoz Technologies. Innoz Technologies is a wireless communication platform which Deepak has founded with his five friends in college in India. Deepak Ravindran was currently working on his latest commerce messaging app which is a messaging platform provide users to chat with local businesses and shops. Deepak Ravindran has also started SMSGyan, which is an SMS based system in India. Deepak Ravindran was recognized on MIT Technology Review’s Innovators Under 35. Deepak Ravindran one of the youngest successful entrepreneur of India.
Farrhad Acidwalla was born in Pune, Maharashtra, India on 16 November 1993. Farrhad Acidwalla has completed his schooling from Bombay Scottish School, Mahim, Mumbai and done his studies of Finance at H. R. College of Commerce and Economics, Mumbai and LLB (pursuing) from K. C. Law College, Mumbai. Farrhad Acidwalla is an Indian entrepreneur who started buying the domain name at the age of 16 by borrowing 500 bucks from his father and started a web community, particularly for the aviation and aero-modeling. Currently, Farrhad Acidwalla is the CEO of a web development, advertising, marketing, and branding company called Rockstah Media. Farrhad Acidwalla has its own team of marketers, designers, and developers across the world.
Kavita is the founder of FreshPaper which keeps the produces fresh for longer hours than today’s conventional methods. She has patented her innovation. Shukla worked on her product throughout high school and college, investing her own money along the way. At 17, she spent $1,500 (won at science fairs) to obtain a patent, saving on legal fees by filing for and defending it herself. But when she got to Harvard, her attempts to create a global nonprofit couldn’t get enough interest from potential donors and ultimately proved, well, fruitless. “I wanted to build a manufacturing facility to get FreshPaper to the developing world,” says Shukla. “But that didn’t go anywhere.” Shukla and her co-founder, Swaroop Samant, spent around $150 on spices and papermaking materials to manufacture a thousand sheets of FreshPaper in the kitchen of Shukla’s studio apartment. They offered the first samples to vendors at a farmers’ market down the street. Then they pitched the Harvest Co-Op in Cambridge, Massachusetts, where “one of the directors said, ‘I bet if you bag this up, people would be interested in buying it,’ ” says Shukla. “I couldn’t even imagine that consumers would be willing to pay for it.”
Mr. Neil Mehta is Founder of Greenoaks Capital. Prior to Greenoaks Capital, Mr. Mehta was responsible for real estate and special situations investments in India, the Middle East, and Southeast Asia for Orient Property Group. Mr. Mehta serves as Co-Chairman and Director of Greenoaks Global Holdings Ltd. He serves as Director of forwarding Ventures Co., Ltd. He also serves as a board member of Sol Republic, Lolli & Pops, and other Greenoaks portfolio companies. He is also