If India has taught us anything, it is that there is an infinite supply of young entrepreneurs with unique and successful ideas. That's exactly what you'll discover on this list of India's youngest self-made billionaires. From startups to tech behemoths, these entrepreneurs have made their mark in the Indian business world. So, whether you're looking for a business concept or want to learn more about the entrepreneurial journey, keep reading to see who made it big and who is still making waves today.
How did they Become Successful?
The seven youngest self-made billionaires in India achieved success through a variety of methods. Some of them began their enterprises while still in school, while others began their firms after achieving some success in their vocations. However, all seven of them had a strong business focus and achieved great success.
What made them Stand Out?
These seven young self-made billionaires stand out because of their ability to interact with a big audience on social media, their talents as entrepreneurs, and their ability to build an extraordinary product or service. They can also form relationships with a large number of people and provide excellent customer service.
What's the Biggest Challenge they’ve Faced?
The most difficult difficulty these seven young billionaires have faced in their careers has been a lack of experience. They've had to learn a lot about business and how to interact with a vast social media audience. They've also had to learn how to start and run a successful business. However, they have done an outstanding job and are now running lucrative businesses.
7 Youngest Billionaires of India
Here is a list of seven young Indian entrepreneurs who have not only excelled in their businesses but also had a successful career in the field of entrepreneurship.
1. Nithin Kamath & Nikhil Kamath
The brothers that created Zerodha set out to remove all costs, technical, and support restrictions that investors and traders in India confront. They were successful, and their internet bargain brokerage firm became the first in India. According to IIFL Wealth data, they are both the richest self-made billionaires under the age of 40, with a combined net worth of Rs 24,000 crore. Nikhil Kamath dropped out of college to launch Zerodha, while Nithin Kamath graduated from engineering school.
2. Divyank Turakhia
Divyank Turakhia, born in 1982, is a self-made entrepreneur with a business and economics degree from Mumbai's Narsee Monjee College. He started media.net and then sold it for $900 million to a Chinese consortium. With an estimated net worth of 12,500 crores, Divyank Turakhia is the second richest self-made entrepreneur under 40, according to IIFA Wealth. Divyank Turakhia received his studies at Narsee Monjee College of Commerce and Economics.
3. Ankit Bhati & Bhavish Agarwal
Ankit Bhati and Bhavish Aggarwal, both IIT Bombay graduates, founded Ola, an Indian cab transportation startup. People have experienced comfortable rental transportation at a reasonable price since the inception of Ola. It arose from their vision of creating technology-based cab services in India and becoming one of the richest entrepreneurs in the country, with a net worth of around Rs 3000 crores.
4. Vijay Shekhar Sharma
Vijay Shekhar Sharma is a young Indian billionaire businessman who has accomplished a great deal in his short life. He is the founder and CEO of Paytm, one of India's leading digital payment services. He sold indiasite.net, a website he founded while in college, for $1 million. It became the parent company of Paytm, one of India's leading e-commerce startups, in 2010! In 2017, Forbes named him India's youngest billionaire, and he was named to Time Magazine's 2017 list of the World's 100 Most Influential People! Warren Buffet funded $300 million in the business back then, so kudos to Vijay for succeeding at such a young age! He graduated from Delhi College of Engineering with a Bachelor of Engineering.
5. Binny Bansal & Sachin Bansal
The founders of Flipkart, Sachin Bansal and Binny Bansal, are well-known figures in the Indian e-commerce business. They created Flipkart in 2007, and it is now one of India's most successful online shopping platforms. Initially, their store focused mostly on selling books. However, as the company grew in prominence, it expanded into new sectors such as apparel, electronics, household appliances, and toys. Walmart acquired Flipkart in 2020, which provided them with significant resources and increased their dominance. They finished their primary and secondary education at OP Jindal Modern School in Hisar before moving to Delhi to pursue their higher education at IIT Delhi. With a $37 billion valuation, Flipkart has become one of India's most valuable enterprises.
6. Ritesh Agarwal
Ritesh Agarwal, 27, will be one of India's youngest billionaires in 2021. He developed and served as CEO of OYO Rooms, which began as a modest accommodation company on a shoestring budget. It was accepted into Venture Nursery's accelerator program in 2012, and it later won $100,000 from the Thiel Fellowship program. In 2013, he founded OYO Rooms with $2 billion in shares purchased from Unitech Capital Pvt Ltd, an investment vehicle. According to Forbes magazine, Agarwal's stake in the company increased when he purchased $1 billion worth of shares in the company.
7. Deepinder Goyal
Deepinder Goyal, the founder of Zomato, stands to benefit greatly from the company's growing popularity. When they first launched in 2008, they were known as Foodiebay, but they later changed their name to Zomato. In 2014, they bought Cibando, Gastronauci, Poland's restaurant search aid, which proved to be a very profitable investment! Deepinder Goyal's current net worth is estimated to be approximately Rs 2200 crore, according to the study. He received his diploma from the Indian Institute of Technology in Delhi.
Conclusion
Successful entrepreneurs are the sole reason for the Indian economy's success. Many new talents are emerging from all throughout the country to help build a successful future. As of 2022, there are many such successful entrepreneurs - to name a few - who began their enterprises from the ground up or were permitted to do so by private investors or venture capitalists.
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