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Startups in India have taken a huge leap, now every individual has a thought of starting his own business. Gone are the days where people used to try harder to join their dream company.
Startups in India have taken a huge leap, now every individual has a thought of starting his own business. Gone are the days where people used to try harder to join their dream company.
Today everybody wants to be the boss themselves; nobody wants to hear a ‘NO’ from their boss, instead they would rather create the work they love. There are numerous stories of people who have achieved success by establishing self employment. Here are few stories of such successful entrepreneurs that influence others to kick start their business.
Flipkart - Sachin Bansal and Binny Bansal
When we speak about the success of startups the first company that strikes our mind is Flipkart, founded by the brothers—Sachin Bansal and Binny Bansal. These are the two popular figures in the Indian e-commerce industry; they did their schooling together at OP Jindal Modern School, Hisar, and then pursued Computer Science Engineering at IIT Delhi. Sachin Bansal started his career with Techspan whilst Binny Bansal worked at Sarnoff Corporation. Later on, both of them worked for Amazon before transitioning into their own business. Flipkart was originated in the year 2007. Just like other business, Flipkart started in a low scale. Bansal brothers began their journey in the e-commerce world by selling books, with the aim of improving the internet shopping in India. Today Flipkart is valuated at US$17 billion; they have more than 12 million products in various categories. In 2012, Sachin Bansal bagged ‘Enterprenur of the Year’ award.
Snapdeal - Kunal Bahl
The Indian e-commerce has transformed remarkably, since the internet users have increased in number. Another e-commerce firm which tasted the sweet of success is Snapdeal, founded by Kunal Bahl and Rohit Bansal. They studied together in Delhi Public School before Rohit Bansal went to IIT Delhi and Kunal Bahl went to University of Pennsylvania. Kunal further pursued his .master’s degree in Wharton School and Kellogg School of Management. Kunal Bahl and Rohit Bansal tried their luck in other business before starting Snapdeal, but nothing worked out. Snapdeal was found in the year 2010, now it is among the largest online marketplaces in India with acquisitions like Exclusively.in, and Freecharge.
OlaCabs - Bhavish Aggarwal
When E-commerce established well and allured the number of internet users, OlaCabs disrupted the internet world with online transportation network firm. Ola was created by Bhavish Aggarwal, born in Ludhiana and graduated from IIT Bombay in the field of computer science. Bhavish began his career with Microsoft Research and served them for 2 years before leaving the company in 2010. He later allied with Ankit Bhati to initiate own venture. Ola is one of the tough competitors to Uber and is valued at $5 billion and the company has also made acquisitions like TaxiforSure and Geotagg.
Paytm - Vijay Shekhar Sharma
As we focus on the startups formed by dynamic youth who went on to become a millionaire, here is one such person who struggled in his early part of life. English language was daunting to him as he completed his graduation in Delhi College of Engineering. With all such difficulties and hurdles he went on to become a CEO of a well known company called Paytm, he is non-other than Vijay Shekhar Sharma, founder of Paytm and One97 Communications Limited.
After the graduation, in 1997 Sharma created a website called indiasite.net which was sold after 2 years for $1Million. This encouraged him to start One97 communications (Paytm’s parent company), which offered news, cricket scores, ringtones, jokes and exam results. Later on in 2010, he created Paytm, an online recharge, bill payment and e-commerce website that is used by most of the internet users.
Quikr - Pranay Chulet
The online trend has reached such a level that it not only provides e-commerce services but also offers advertising platforms. Quikr is one such firm that offers online classified advertising platforms for users to buy or sell goods and services from each other. The dynamic person behind this online classified portal is Pranay Chulet, Co-Founder and CEO of Quikr. He studied at Kendriya Vidyalaya in Rajasthan.
Pranay has degree from IIT, Delhi and a Masters degree from IIM, Calcutta. Co-Founder and CEO of Quikr began his career working at Procter & Gamble and then worked at Mitchell Madison Group, Walker Digital, PricewaterhouseCoopers and Booz Allen Hamilton. Pranay saw his dream coming true in the year 2007 when he launched his first venture- Excellere. In 2008, he joined hands with Jiby Thomas to initiate Kijiji India, known today as Quikr.
Source:Techgig
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