Top 5 Indian Entrepreneur's Journey from Challenges to Achievements

By B2B Desk | Apr 12, 2024

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1. Ritesh Agarwal – Oyo Rooms



Ritesh Aggarwal is considered the third youngest Indian businessman.

Ritesh Aggarwal had no qualms about exploring things or taking risks. Furthermore, thanks to the success of the Oyo Rooms business founded in 2013, he received a full salary. He became the second youngest billionaire amid the global economic recession.

Ritesh did not go to college like most students. He left the Indian School of Business and Finance before completing his studies. This can be terrible. Ritesh's success is not affected by his lack of higher education. Oyo left his past experiences in the past and focused on the near future when he received a Thiel scholarship.

Providing affordable housing has always been his top priority. No matter where you go, Oyo continues to take care of you. Oyo is expected to be worth over 1.1 billion by 2020. Despite being 27 years old, Ritesh has come a long way.

OYO Rooms is India's largest budget hotel chain with over 500 properties and 50,000 rooms. Launched by Ritesh Agarwal in 2012 with the intention of offering simple and reliable accommodation, it has since completely transformed the Indian hospitality sector.

2. Vijay Shekhar Sharma – Paytm



Vijay Shekhar Sharma is the fifth youngest successful businessman in the country as compared to other businessmen.

Vijay Shekhar, who remains the company's CEO, launched Paytm. The popularity of Paytm has undoubtedly contributed to the rise in digital payments. Sharma had an image of doing top-notch work when he was a student at DTU and developed Indiasite.net. He received $1,000,000 in compensation for it. He then founded One97 Communications, which later evolved into Paytm.

Paytm has completely changed the way people make payments online and it doesn't seem like it will ever stop. As a result, Vijay Shekhar's position in society continues to improve.

We wouldn't have phones if Paytm money hadn't existed; This illustrates how well Paytm has interacted with people at large and how it will do so in the future.

3. Deepinder Goyal – Zomato



Foodiebay is an unusual brand. Deepinder Goyal founded Foodiebay, although Zomato, a rebranded version, is now more recognized.

Zomato started as a website where users could rate and review meals. Food bloggers were asked to write detailed reviews about the quality of the cuisine and service at each establishment. Additionally, it gave Deepinder's coworkers the opportunity to view menu cards, which encouraged him to start using Zomato. He attended IIT Delhi and began working for Bain & Company before founding Foodiebay.

Over the last ten years, Deepinder's has become one of the best-known food entrepreneur success stories across the country. Currently, the company has business in Qatar, New Zealand, Portugal, India and also. Additionally, Zomato acquired Urbanspoon and introduced a food delivery service for both Australia and the United States of America.

They required enough money when they first launched Zomato, but as they say, perseverance pays off. We all know the current success of Zomato.

Zomato has also ventured into online advertising. It makes it possible for companies to grow without having to add more expenses.

4. Nithin Kamath-Zerodha



Nithin Kamath's journey with Zerodha is a testament to the success stories of Indian entrepreneurs, known for revolutionizing traditional brokerage models and promoting financial literacy.

Starting Point: Launched in 2010 as a startup, Zerodha aimed to democratize stock trading in India by offering a low-cost, technology-driven platform.

Challenges Overcome: Breaking away from the conventional brokerage model posed challenges, but Kamath's vision and technology-centric approach propelled Zerodha to success.

Impact: Zerodha's rise to become India's largest stockbroker thanks to its active customer base underlines its impact in promoting financial literacy and empowering investors across the country.

5.Kunal Shah - CRED



Kunal Shah is an Indian entrepreneur and founder of CRED, a fintech startup based in India.

Starting from his first startup PaisaBack, an online platform that provides cashback and benefits to consumers when they make purchases through the platform, Kunal Shah has had an amazing journey of entrepreneurship. Later, PaisaBack was acquired by one of India's largest e-commerce companies, Snapdeal.

Kunal co-founded FreeCharge, a mobile payment and recharge platform that allows customers to pay utility bills, prepaid and postpaid mobile recharges, and DTH recharges. FreeCharge, run by Kunal, has risen in popularity as one of the most widely used digital payment systems in India and is known for its innovative advertising and offers.

CRED's popularity has grown rapidly in India, and the site has attracted a large number of users, including people with great credit. The startup also received significant funding, which helped it become one of the fastest-growing fintech companies in the country.

Also Read: 8i Ventures launches seed funding initiative 'Origami' to back early-stage startups

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