Aspiring entrepreneurs in India are always looking for role models and success stories to motivate and guide them. We can count tons of success stories from various websites to join their tribe or affiliate link. But most of the stories don’t mean value to us. We’re looking for real-life success stories that we can learn from to make our own business successful.
As a result, we’ve decided to publish an article for real-life heroes who have carved out their paths with unique business models become role models for other aspiring entrepreneurs, and have their own success stories.
With their incredible adventures, these entrepreneurs have not only achieved enormous success but have also inspired others. Check out this digital marketing course for crafting a digital transformation with a successful blueprint if you’re interested in starting your own business model.
Read on to learn about their successes and what you can learn from them, and create your own success stories as an entrepreneur.
Top 10 Inspiring Entrepreneur’s Success Stories from India 2024
There’s no shortage of inspiring entrepreneurship stories from India. Despite the immense challenges of starting and running a business in the country, Indians have found ways to persevere and innovate, creating new products and services that have helped lift millions out of poverty. In this blog post, we’ll explore some of the most inspiring success stories from Indian entrepreneurs, highlighting the key lessons that you can learn from their experiences.
India is home to some of the most successful entrepreneurs in the world. Despite having to endure numerous challenges, these business owners have found success by persisting and innovating. From e-commerce to technology, these entrepreneurs have made their mark in a variety of industries. Here are ten inspiring Indian entrepreneur’s success stories that will undoubtedly motivate you to achieve your goals and become a successful entrepreneur like other inspiring entrepreneurs in India.
Now, let’s get to know about the top 10 best inspiring success stories from Indian entrepreneurs;
Here is the list of the top 10 Indian entrepreneurs you must know about. After reading this article, you will definitely get inspired by our Youngest Entrepreneurs in India. Now, let’s dive into it. 🏄♂️
1. Sachin Bansal & Binny Bansal – Flipkart
Sachin Bansal & Binny Bansal are the #1 Youngest Successful Entrepreneurs in India out of other Indian Entrepreneurs.
In a garage, Sachin and Binny Bansal founded Flipkart, a modest eCommerce company, and the rest, as they say, is history. One of India’s most successful business people sold Flipkart to Walmart for $16 billion in 2018.
▶️ Quote By Flipkart Founder – 1
“‘No’ is a very difficult word, and more so in our culture, where people quickly tend to take offence. But a ‘no’ which makes your business and customer say ‘yes’ is worth the while.” — Sachin Bansal
Along with Binny, the IIT graduate used to transport books on his own and pioneered the wave of eCommerce marketing. Sachin was in charge of the company’s SEO, design, marketing, and content. Binny handled the delivery and backend operations well.
What began as an INR 4,00,000 business gained immediate acclaim and, finally, an incredible bid from Walmart. Bansal created everything from the ground up, starting with the initial iteration of the website. Through his present firm, Navi Technology, he has been investing actively. Flipkart is undoubtedly one of India’s most successful startup success stories.
“Flipkart” – Sachin and Binny Bansal’s path – would be familiar to everyone. Both of them, who graduated from IIT-D and previously worked for Amazon, presented a similar concept to the Indian market.
▶️ Quote By Flipkart Founder – 2
“For an entrepreneur work is not seen as ‘work’, it is passion, you like it you want to do it.” — Binny Bansal
Flipkart began selling online books only in 2007 and has since expanded to sell practically everything, ranging from home items to personal care products, educational materials, and workplace stationery. According to an article on Yourstory.com, mobile accounts for more than half of Flipkart’s income, and mobile has been at the heart of Sachin’s strategy since the beginning.
Sachin admitted in an interview that creating Flipkart was the dumbest thing he has ever done and that everyone around him thought he was mad, according to a Quora.com post. However, it has recently purchased Myntra for around INR 2000 crore. Flipkart has now been promoted to the top five-billion-dollar start-up club, according to a report by the Wall Street Journal, and it has a valuation of $11 billion.
Learn more about Flipkart’s Digital Marketing Strategies – A Complete Case Study!
❇️ Social Media Accounts of Sachin Bansal
Twitter – NA
Facebook – NA
Instagram – @sachin_bansall
LinkedIn – NA
❇️ Social Media Accounts of Binny Bansal
Twitter – @binnybansal
Facebook – NA
Instagram – NA
LinkedIn – @binnybansal
2. Bhavish Aggarwal – Ola Cabs
Bhavish Aggarwal is the #2 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.
After two years as a Microsoft research team member, Bhavish Aggarwal followed in his iconic footsteps. He started Ola Cabs, a multibillion-dollar company. With his zeal and colourful vision, Bhavish, an IIT Bombay alumnus, set the way for his success.
▶️ Quote By Ola Founder
“All of us have an entrepreneur in us. Entrepreneurs are not driven by fear; they are driven by the idea to create impact.”
In 2015, Bhavish was the youngest person on Forbes’ list of India’s wealthiest individuals, with co-founder Ankit Bhati. After confronting insufficient and expensive cab services, he created his own cab firm. Ola makes it simple to hire a taxi anywhere in the country. Its popularity grows in minor and major cities, broadening Bhavish’s reach.
He has since established himself as a successful entrepreneur. Ola Cabs is India’s most successful cab firm, with over a million customers.
❇️ Social Media Accounts of Ritesh Aggarwal
Twitter – @bhash
Facebook – @bhavish.aggarwal.7
Instagram – @bhavishaggarwal
LinkedIn – @bhavishaggarwal
3. Ritesh Aggarwal – Oyo Rooms
Ritesh Aggarwal is the #3 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.
Ritesh Aggarwal was never scared to explore new things or take risks. And the success of Oyo Rooms, which he founded in 2013, has rewarded out handsomely. He became the world’s second-youngest billionaire in the year of the outbreak.
Ritesh did not attend college in the traditional sense. He dropped out of the Indian School of Business and Finance before completing his education. Isn’t it frightening? Ritesh’s lack of a college degree has no impact on his success. The Thiel scholarship was given to Oyo, and he hasn’t worried about the past, and he moved forward.
▶️ Quote By OYO Rooms Founder
“Hire people not for today but for 2-3 years from now, and let them grow with the company.” — Ritesh Aggarwal
His primary concern was always to provide low-cost accommodation. Oyo continues to offer regardless of location. Oyo has increased in recent years and is estimated to be worth more than $1.1 billion by 2020. Ritesh is only 27 years old, yet he has come a long way.
With over 500 hotels and 50000 rooms, “OYO Rooms” is India’s largest budget hotel brand. It was founded in 2012 by Ritesh Agarwal to provide basic, trustworthy accommodations, and it has since changed the face of the Indian hospitality industry. According to an article on Yourstory.com, the company now partners with 4,200 hotels in over 170 locations, booking up to a million room nights every month.
OYO Rooms has been a massive success because it is dedicated to addressing the issue of budget hotel cleanliness, availability, and affordability across the country. OYO works with several hotels to obtain rooms that may be rented out to those who wish to use its services.
According to a Yosuccess.com post, OYO Accommodations provides tourists with efficient and standardised rooms at low costs, with a current evaluation of approximately 370Cr.
❇️ Social Media Accounts of Ritesh Aggarwal
Twitter – @riteshagar
Facebook – @riteshagarwall
Instagram – @riteshagar
LinkedIn – @riteshagar
4. Nandan Reddy, Rahul Jaimini & Sriharsha Majety – Swiggy
Nandan Reddy, Rahul Jaimini & Sriharsha Majety are the #4 Youngest Successful Entrepreneurs in India out of other Indian Entrepreneurs.
Apart from Zomato, Swiggy has quickly established itself as one of the most popular meal delivery services. On the other hand, food delivery did not have a solid footing when it initially entered the market.
In truth, Reddy and Majesty had intended it to be a Bundle courier service. After meeting Jamini, though, they altered their minds. Swiggy was founded as a result of its strong network building. Swiggy has raised a lot of money since its inception in 2013.
▶️ Quote By Swiggy Founder
“Growth is about learning and evolving with the different variables and moving parts” — Sriharsha Majety
Providing exceptional customer service has always been a priority for business owners. Swiggy’s efficient logistical procedures also ensure that clients receive their meals on time.
Swiggy has conquered the difficulty of hiring employees remotely who bring food on time. The unicorn start-up is exploding with the three founders, and the business is successfully running up to date.
❇️ Social Media Accounts of Nandan Reddy
Twitter – @nandanreddy
Facebook – NA
Instagram – NA
LinkedIn – @nandan-reddy-1830659
❇️ Social Media Accounts of Rahul Jaimini
Twitter – @rahuljaimini
Facebook – NA
Instagram – NA
LinkedIn – @rahuljaimini
❇️ Social Media Accounts of Sriharsha Majety
Twitter – @harshamjty
Facebook – NA
Instagram – NA
LinkedIn – @sriharsha-m-563aa217
5. Vijay Shekhar Sharma – Paytm
Vijay Shekhar Sharma is the #5 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.
Vijay Shekhar established Paytm and continues to lead it. And there’s no denying that Paytm’s trust has fuelled a meteoric surge in digital payments across the country.
Sharma has a track record of producing brilliance, dating back to his student days at DTU when he founded Indiasite.net. He got $1 million for it. He subsequently founded One97 Communications, which later became Paytm.
▶️ Quote By Paytm Founder
“There are two kinds of companies in the world one is who BUILD and the second who BUY”. — Vijay Shekhar Sharma
Paytm has revolutionised the face of digital payments, and it shows no signs of slowing down any time soon. As a result, Vijay Shekhar’s popularity continues to soar.
We all know that we don’t have phones without Paytm money, which shows that Paytm has successfully reached out to people and will continue to do so in the future.
❇️ Social Media Accounts of Vijay Shekhar Sharma
Twitter – @vijayshekhar
Facebook – @vijayshekhar
Instagram – @vssx
LinkedIn – @vijayshekhar
6. Sorav Jain – Digital Scholar & echoVME
Sorav Jain is the #6 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.
Sorav Jain is the founder of echoVME Digital & Digital Scholar. He is also known as India’s top digital marketing influencer, trainer, author, and speaker. Sorav started his career at 17 as an SEO executive and baggage 10 years of knowledge in this digital marketing field which made him become a successful digital marketing and social media marketing expert who started his venture with a small team of 30 members in 2011 in the name of echoVme, a digital marketing agency based out of Chennai.
He has been successfully running his business for the past 11 years, which gives him the courage to take a risk by simultaneously running an agency-style based digital marketing training institute called Digital Scholar in 2019 and the echoVME Digital.
▶️ Quote By Digital Scholar & echoVME Founder
Marketing you’re presence on social media is as important as creating your presence. “The only fashion that never fades: Digital Marketing”. — Sorav Jain
Initially, Digital Scholar invited students to their place and started teaching them how agency-style digital marketing works. But the time of the pandemic turned the tables around, taking Digital Scholar to the rooftop when people began to focus on passions online. Sorav Jain became famous on Instagram as a digital marketing influencer with 306k+ followers within a short period. You can follow his business insights here @Soravjain.
Sorav was named one of the Top Social Media Marketers under 30 by Social Samosa. He was named one of the “Top 25 Social Media Professionals of India“ by Global Youth Marketing Forum.
Sorav also works as a corporate trainer for 2020MSL, Hanmer MSL, Times Internet, Genpact, Shriram Value, Bosch India, Preethi Appliances, Hexaware, Communicate India, and a variety of other IT, PR, digital, and advertising firms.
Sorav runs one of Facebook’s most popular Digital Marketing groups, Digital Marketing Question and Answers on Facebook, which has more than 60,000+ members which is a vast community where you can always participate with questions and answers you have.
Digital transformation is what Every business owner looks for, also one who needs a feasible blueprint to understand better how to build a solid digital marketing presence.so, Suppose you are searching for a Digital marketing guru who teaches you to become a digital marketing expert within four months. In that case, you must try his online digital marketing course to upskill in the digital marketing field.
❇️ Social Media Accounts of Sorav Jain
Twitter – @soravjain
Facebook – @soravjain & @SoravJainDigital
Instagram – @soravjain
LinkedIn – @soravjain
🗣️ Sorav Jain’s TEDx Talk
How Sorav turned his Internet addiction into a business empire, and you can do it as well!! In this talk, Sorav Jain shares his highs and lows while choosing an unorthodox career. Sorav Jain is an entrepreneur and one of India’s top digital and social media marketing experts.
He is also a skilled consultant, trainer, author, and speaker. Sorav started his career at 17 as an SEO executive and has about 10 years of Industry experience. Sorav has been listed among the top 25 social media professionals in India under the age of 30. Sorav has trained more than 100,000 professionals. This talk was given at a TEDx event using the TED conference format but independently organized by a local community.
7. Deepinder Goyal – Zomato
Deepinder Goyal is the #7 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.
Foodiebay is a name that no one recalls. Although Deepinder Goyal founded it, he is more known for Zomato, the rebranded version of Foodiebay.
Zomato began as a food-reviewing website. Food bloggers were encouraged to give candid reviews of each restaurant’s service and food quality. It also provided menu cards in high demand among Deepinder’s coworkers, prompting him to launch Zomato. Before launching Foodiebay, he graduated from IIT Delhi and worked at Bain and Company.
▶️ Quote By Zomato Founder
“Everything is solvable. You have to put your mind to it.” “Focus on building a business that solves a real problem.” “You can’t say that If I don’t have access to capital, I can’t build a company.” —Deepinder Goyal
Deepinder’s has become one of India’s most well-known food-entrepreneur success stories in the previous decade. Other than India, the corporation has operations in Portugal, New Zealand, and Qatar. Zomato also bought Urbanspoon and launched a meal delivery business in the United States and Australia.
When they first started Zomato, they didn’t have enough money, but as they say, hard work pays off. Zomato is a big success nowadays, as we all know.
According to an article on Yosuccess.com, it is the largest of such media in Asia and one of the greatest globally, having a solid & single presence in over 10,000 cities across 22 countries.
Zomato has also ventured into the world of digital marketing. It enables firms to expand without incurring new expenditures.
One of the most significant advantages of Zomato is its marketing campaign, as we all know. Once the notification gets on, you will be getting full urge messages in your mother tongue, which will significantly support the company’s growth in the future too.
This online restaurant platform was founded in 2008 to assist Indians in discovering new tastes in a variety of meals. “Zomato” is a one-stop shop for all your appetites, whether for food, drinks, or alcohol. It’s an online restaurant guide that includes home delivery, cafés, and nightlife!
Learn more about Zomato’s Digital Marketing Strategies – A Complete Case Study on it!
❇️ Social Media Accounts of Sachin Bansal
Twitter – @deepigoyal
Facebook – @deepigoyal
Instagram – NA
LinkedIn – @deepigoyal
8. Varun Alagh and Ghazal Alagh – Mama Earth
Founder of Mama Earth – Varun Alagh
Co-founder of Mama Earth – Ghazal Alagh
Varun and Ghazal are the #8 Youngest Successful Entrepreneurs in India out of other Indian Entrepreneurs.
Varun and Ghazal are the trailblazers behind Mamaearth; not only that; they are real-life partners. Mamaearth is the online-first game plan that relies upon posting offers on the D2C stages like Amazon, Flipkart, etc., and their inescapable arrangements, close by the proposal of things displayed at actual standard stores.
Story Behind the StartUp
Varun and Ghazal understood that the childcare products they ran over harmed their baby’s skin and that there could have been no other safe choices since they got a child youngster to manoeuvre carefully.
Since they couldn’t find reliable things in India, the couple chose to import trustworthy childcare items made elsewhere, all else equivalent.
▶️ Quote By Mama Earth Founders
“How you drive growth is more important than anything else” — Varun Alagh
“Success only comes to those who can stick through crazy times. As long as you persevere, things eventually fall in place.” — Ghazal Alagh
Later, the gathering started mentioning things from the US, yet they ended up being costly and inadequately planned. So the partners joined together and started creating their own childcare items under the brand name Mamaearth.
Mamaearth Product and Competence
Mamaearth, in a roundabout way, rivals MNCs like Himalaya and Johnson and Johnson, as well as online electronic business areas like Nykaa. Mamaearth items contend straightforwardly with a couple of deeply grounded and new organizations, selling an assortment of youngster-related things like frills, clothing, and toys.
Mamaearth Achievement and Benefit
- Mamaearth products revenue reached 110 crores in 2020.
- Mamaearth product beat revenue of RS 500 crores in 2020.
- Mamaearth outright pay expanded by 101% to INR 952.4 Cr in 2022 from INR 472.1 Cr as we compare from the past year.
Learn more about Mamaearth’s Digital Marketing Strategies – A Complete Case Study on it!
❇️ Social Media Accounts of Varun Alagh
Twitter – @VarunAlagh
Facebook – @varun.alagh
Instagram – @varunalagh
LinkedIn – @varunalagh84
❇️ Social Media Accounts of Ghazal Alagh
Twitter – @GhazalAlagh
Facebook – @ghazal.alagh
Instagram – @ghazalalagh
LinkedIn – @ghazal-alagh-9755a0128
9. Falguni Nayar – Nykaa
Falguni Nayar is the #9 Youngest Successful Entrepreneur in India out of other Indian Entrepreneurs.
Falguni Nayar established Nykaa, one of India’s biggest magnificence and design organisations. The pioneer and President of Nykaa are prestigious as the most extravagant independent lady in India and is positioned tenth among the world’s most extravagant independent ladies.
▶️ Quote By Nykaa Founder
“Women need to allow the spotlight of their lives to be on themselves. I hope more women like me dare to dream for themeselves.” — Falguni Nayar
Falguni’s total assets may vary by around Rs 57 crore in a hurry in a year. They gained the audience with The organisation’s slogan, “Your Beauty, Our Passion,” which quickly grabbed women’s and youngsters’ eyes.
We are mindful that Nykaa reached this success through their successful campaign assets for acquiring consideration through dispersing enormous and persuading offers.
Let’s see the story of Nykaa and how they accomplished 32 billion bucks in 2022.
Story of Nykaa
Everything began in 2012 when Nykaa was established. On the journey for a promising business opportunity in India, Falguni Nayar found an irregularity in the magnificence beauty products market in India, which was not on pace with the beauty item’s extension in different nations, despite critical interest, attributable to an absence of item accessibility in numerous districts.
This incited her to help establish Nykaa with her significant other, Sanjay Nayar. Starting as a web-based association, the stage ultimately changed to an omnichannel partnership with Amazon, Flipkart, and many more.
Falguni worked in the corporate area for more than 25 years before setting out on her pioneering venture when Nayar was moving toward 50.
Even though initially they faced so many hurdles in marketing and campaign, now they have a pillar foundation of digital marketing and campaign success.
Nykaa Profit and Revenue
The benefit of the beauty care products monster Nykaa has accomplished 32 billion out of 2022, where the business details hope to arrive at twofold the CAGR in the future.
Learn more about Nykaa’s Digital Marketing Strategies – A Complete Case Study!
❇️ Social Media Accounts of Falguni Nayar
Twitter – NA
Facebook – @falguni.nayar.5
Instagram – @falguninayar
LinkedIn – @falguni-nayar-845065a0
10. Girish Mathrubootham and Shan Krishnasamy – Fresh Works
Founder of Fresh Works – Girish Mathrubootham
Co-founder of Fresh Works – Shan Krishnasamy
Girish and Shan are the #10 Youngest Successful Entrepreneurs in India out of other Indian Entrepreneurs.
Freshworks Girish Mathrubootham and Shan Krishnasamy launched the organisation in Chennai in 2010, offering several product suites to meet client needs. Representative objectives, including deals with CRM programming, enrollment gadgets, client assistance helpdesk programming, and many more wanted top sass products, are delivered by Fresh Works.
▶️ Quote By Fresh Works Founders
“It’s not the software. It’s about the way software is supposed to be built, the way it’s supposed to be delivered, implemented and consumed.” — Girish Mathrubootham
Both coworkers had previously worked for Zoho Corp, one of India’s most excellent SaaS businesses. Zoho Corp and Freshworks are both rivals and essential players in this industry.
Freshworks sold 28.5 million regular offers on September 22, achieving an intraday high of $48.75 in the market.
So, what is the story of these two important Indian entrepreneurs who have eternally influenced Indian entrepreneurs with their backtalk sass business?
The Story Behind the Progress of FreshWorks,
Girish and Krishnamoorthy first met through Zoho. They have comparable frequency and the knowledge to start another backtalk organisation by communicating customer care by selling customer support solutions since the choice Zendesk is raising its expense where even an organisation has experienced major shock with the cost change.
He managed to move on with this fantastic idea. So, Girish and Krishnamoorthy left Zoho to start their own Sass organisation with only six people in 2010.
It took around eight years of hard labour for the organisation to increase its revenue to $100 million. Freshdesk was soon rebranded to Freshworks, the success of which followed and supported it in establishing its base camp in the United States, afterward carrying the organisation more like a greater portion of its user base.
Challenges they Faced
Freshworks and Zoho’s dispute took a severe turn in 2020 when Zoho filed a claim alleging that Freshworks used private data to build a business. The backup company Zoho has also accused Freshworks of poaching its employee’s and customers’ confidential details. The battle is still ongoing.
Freshworks Success and Profit
According to their website, the profit of this mysterious Sass company this year at 2022 is $493.0 – $497.0 million.
❇️ Social Media Accounts of Girish Mathrubootham
Twitter – @mrgirish
Facebook – @rathnagirish
Instagram – @girish.mathrubootham
LinkedIn – @girish1
Conclusion
Hello, readers! So, this article showcased ten inspiring Indian entrepreneur’s success stories who have achieved success in such a short span of time. These success stories are sure to motivate and inspire you to achieve great things in your life and career.
Indian start-ups are on the rise, and there’s no stopping them now. If you are an aspiring entrepreneur or have an existing business, it is time to get inspired by these success stories and work even harder to achieve your own goals.
“Wishing you the best in creating your own inspiring success stories!”
Today, I’d like to talk about something inspiring: creating your own success story. No matter what your background is or what you’re doing now, it’s always possible to achieve great things. All it takes is hard work, dedication, and a bit of luck. So, go out there and make it happen! I wish you all the best in your endeavors.
Get in touch with us, and we’ll be happy to help you set up or grow your business and also help you in becoming a successful entrepreneur, so you can have your own success stories and inspire the upcoming generations.
Thanks for reading our success stories!
FAQs
1. Who is India’s No. 1 Entrepreneur?
According to Forbes magazine, Sachin Bansal and Binny Bansal are among India’s most successful young entrepreneurs.
2. Why do Indians Succeed in Business?
Indians usually find the possibility, opportunity, and risk factors in any sector and start developing their own business journey. If you need any impressions check out the list of successful entrepreneurs’ stories on this blog.
3. Who is India’s Most Successful Entrepreneur?
The most affluent businessman in the twenty-first century is Mukesh Ambani. However, more aspiring business owners are on the list, competing against one another in this cutthroat industry. For inspiration, read this story on the most successful Indian entrepreneur.
4. Who is the Youngest Millionaire in India?
The founder of Zepto, Kaivalya Vohra, is regarded as the youngest Indian to appear on the Hurun Rich List and has a net worth of more than Rs 1,000 billion.
5. Who is the Most Valuable Startup in India?
echoVME, founded by Sorav Jain, has shaken up the Indian start-up scene with its unique approach to digital marketing. The company’s focus on digital marketing is driven by data which provides valuable digital marketing services to its clients across the globe. This has resulted in echoVME fast becoming one of the most valuable startups in India.
Comments on “Top 10 Inspiring Indian Entrepreneurs Success Stories: That Will Inspire You!”
Really motivated by these real stories , you all inspire us from within and help us to work even more harder and to achieve our goals.
Many thanks to all,
Poornima S B
Absolutely amazing inspirational stories.
Thanks a lot
Thank you Pallavi.