Top 15 Best Young Indian Entrepreneurs To Look Out in 2023
Top entrepreneurs are business visionaries, critical thinkers, and problem-solvers. Although there are different types of entrepreneurs, success as an entrepreneur requires having the right entrepreneurial mindset and characteristics.
India is one of the best countries to start a business thanks to its large market, low operational costs, and business-friendly laws. As a result, there are tons of successful Indian entrepreneurs.
Many young Indian entrepreneurs have set the business world ablaze with their innovative ideas. These ideas are not far-fetched as they have culminated from things they observe in their daily lives.
This article covers the best young Indian entrepreneurs with outstanding and promising potentials we can look out for in 2022.
1. Ritesh Agarwal
Designation: Founder and CEO
Company Name: OYO Rooms
Ritesh Agarwal is a young Indian who has reached a peak in business. He is the founder and CEO of OYO Rooms and a force to reckon with among successful Indian entrepreneurs.
His company is backed by many companies, which include Sequoia Capital, Light Speed Ventures, and Green Oaks Capital.
Ritesh Agarwal is from a city called Odisha. Initially, he was into networks and web development. But Ritesh also wanted to make lodging in hotels more seamless and economical.
So, he started working as a SIM card vendor at the very young age of 13. Then, he started the hotel business with just 11 rooms at 17. Ritesh Agarwal is now a successful hotelier with over 64,000 rooms Nationwide at the age of 27.
The most amazing and touching part of his success story is that he dropped out of school to properly implement and reinforce his idea. He obtained his high school certificate at St. John's Senior Secondary School.
In college, he applied for the Thiel Fellowship and got selected. The fellowship granted him $100,000, which made him start his business journey.
The idea behind him becoming a hotelier is that he discovered many hotels that claimed to be affordable but did not provide basic hotel services like comfy beds, Wi-Fi, and air-conditioners.
Hence, he took it upon himself to solve the problem through his various experiences while navigating the country. He established OYO, which means “On Your Own” Rooms that provide basic and luxurious services at low prices.
Although it was somewhat difficult at the start, he never gave in to the challenges that came his way. He now has over 5,000 properties nationwide. His net worth of $1.1billion made him the second youngest billionaire in the world.
At age 17, despite being a college dropout, he scaled up to be the youngest CEO in the world and the richest among the successful young Indian entrepreneurs.
2. Farrhad Acidwalla
Designation: Founder and CEO
Company Name: Rockstah Media and CYBERNETIV DIGITAL
At 16, Farrhad Acidwalla lent 500 rupees from his father to kick start his own business adventure. He started a website by procuring a web domain as a young entrepreneur. The web community started by Farrhad is specially designed for aviation and aero-modeling.
Farrhad Acidwalla is the founder and CEO of Rockstah Media and CYBERNETIV DIGITAL (a web-developing media firm).
Both companies provide various services, including web development, marketing, branding, web improvement, and advertisement. Farrhad also works with global companies and media influencers.
At 13 years old, he created a network with just about $1,200 in his account. Today, his name is on the list of successful entrepreneurs.
He inscribed his name in the hall of fame at 17, where he started featuring in meetings and syndicated programs with Cable News Network (CNN).
Farrhad Acidwalla has become a world-class TEDx presenter, which makes him one of the most valuable young entrepreneurs in the digital world.
Acidwalla is regarded as one of the best digital entrepreneurs. He was the youngest guest lecturer at IIT Kharagpur's Entrepreneurial Summit, which comes every year.
The founder and CEO of Rockstah Media and CYBERNETIV DIGITAL has a channel where he embellishes people with inspirational and motivational videos.
3. Sreelakshmi Suresh
Company Name: eDesign and TinyLogo
Sreelakshmi Suresh has been a genius since birth and easily overcame the problems faced by women entrepreneurs in India. She was already acquainted with computers at the age of three. She continued her prowess until she finally designed her first website at the young age of 6.
With this feat, she became the youngest CEO and web developer worldwide. Sreelakshmi Suresh is the only young entrepreneur in India who developed a website at 6. Her great feat in web development made her the youngest web designer.
Considering her achievements, it is unsurprising that she possesses top-notch skills and owns a company at 11.
Sreelakshmi Suresh established her own company, TinyLogo. TinyLogo and eDesign offer services like Search Engine Optimization (SEO), web designing, and many more for renowned companies.
Due to her enormous achievements at such a young age, she got awarded India's youngest female Entrepreneur at the same age. She became an inspiration for both young and old. Sreelakshmi Suresh amassed a net worth of $1 million at just 24.
4. Tilak Mehta
Company Name: Papers n Parcels
Tilak Mehta is a young boy and one of the world’s youngest entrepreneurs. He founded Papers n Parcels at 16. Spectacular, right?
Being successful as an entrepreneur is not limited to age, as it is just a number. Regardless of age, young people in India are doing great. All you have to do is identify people's pressing problems and proffer a suitable solution.
Tilak's company, Papers n Parcels, is an app-based courier service that helps to deliver packages and paper to various establishments in Mumbai.
The digital courier company collaborates with Dabbawalas in Mumbai to provide one-day parcel services to every nook and cranny area.
The idea behind the company's establishment came when he needed to procure some books from a neighboring city. But, then, his father came late and tired from the office; hence he was not allowed to go to such a far place alone.
The young Indian same-day delivery parcel services provide essential paperwork materials to every area in the metropolis. The company delivers about 1,300 parcels within Mumbai on the same day.
They say age is just a number; there's no limit to what you can achieve. Perseverance and determination are crucial for success. Tilak has failed, but “success is not final, failure is not fatal.”
You can also start from somewhere by creating your own business. Tilak Mehta is one of the inspiring young Indian entrepreneurs who has done exceptionally great in various delivery services.
5. Trishneet Arora
Designation: Founder and CEO
Company Name: TAC Security Solutions
Trishneet Arora is an ethical hacker and one of India's youngest entrepreneurs who helped curb a series of cybercrimes. He also became the founder and CEO of TAC security, making him of the young entrepreneurs in India.
The young man dropped out of school to learn “ethical hacking.” He then authored many books such as “The Hacking Era,” “Hacking Talk,” and “Hacking With Smartphone.” These books contain every knowledge he has acquired through hacking.
Trishneet helped the Indian police to arrest cybercrime cases for a while. Later, the Punjab police sought him to train their police officers in forensics and cyber crime investigation.
He dropped out of school after failing Class 8. His father then got him admitted to a distance learning program away from their home, Ludhiana, Punjab, but he failed woefully yet again.
Arora was not interested in studying but was well acquainted with computers and anything related to hacking before his company, TAC Security Solutions, came to the limelight in 2013. In 2020, he was awarded the Entrepreneur of the Year.
Trishneet now helps security departments such as the Punjab and Indian Police, CBI, HDFI, DHFL, and other bodies like the National Payments Corporation of India with cyberspace problems.
6. Shravan and Sanjay Kumaran
Age: Shravan 18 and Sanjay 16
Designation: (Shravan: Co-founder and President) and (Sanjay: Co-founder and CEO)
Company Name: Catch Me Cop App
The two young entrepreneurs are brothers that have a passion for web design. They eventually designed an application known as “Catch Me Cop.” The two young chaps became the youngest app developers and web designers nationwide.
Their road to stardom was seamless as their father was a Director of a software company who helped and groomed them with everything they needed.
Since both of them like coding, developing apps became seamless and easy. The young entrepreneurs have developed about eleven gaming apps.
If a ten-year-old boy can develop an app like GoDimensions, it is not news that the boy is on top of the world. Seven apps are available for download in the Apple Store, and three are on the Google Play Store. Both are among the most successful young entrepreneurs in India.
Recently, their apps have accrued over 35,000 downloads and are still counting. The entrepreneur brothers have also presented at IIM-B and TEDx meetings.
After the first app they developed was launched on the Apple store, they developed some apps like Prayer Planet, and Alphabet Board, among others.
As a result, they were honored by CNN-IBN and CISCO as Young Achievers of Digital India in July 2016.
7. Divya Gandotra Tandon
Designation: Founder and Director
Company Name: ScoopBeats Pvt. Ltd
Divya Gandotra Random is a YouTuber who has scaled up the corporate world. She discovered a problem and decided to proffer a possible solution to it.
It dawned on her that several people needed comprehensive details of recently released products. Hence, she found it imperative to share her discoveries with everyone that wants to purchase a particular product.
So, she employed the use of technology to disseminate information to people. Then, she started her journey as a YouTuber as she created her YouTuber channel. She is also a part of ASTNT Technologies Pvt. Ltd.
She broadcasts review videos, unpacking and mounting videos of many products to help people know more about their products.
Divya founded TheScoopBeats Pvt. Ltd, a journalism and media organization that helps tender more to her followers.
TheScoopBeats has over 85,000 social media followers. Her Instagram account also has over 19,000 active followers. Owing to her passion for helping people, she has positively impacted the lives of more than 700 people.
She also manages social media as a handler, celebrity, and internet influencer in her early years as an Indian entrepreneur.
Infinix and Coolpad are just a couple of companies she had worked with in the previous times. Her impartial reviews on various products through her videos on YouTube made people trust her judgment whenever they want to buy any product.
As a result, there was a huge increase in her views and followers. Divya is an internet personality who works as an influencer for many reputable brands.
8. Akhilendra Sahu
Designation: Founder and CEO
Company Name: ASTNT Pvt. Ltd
Akhilendra Sahu, the world's youngest serial entrepreneur, founded his company at 17. ASTNT Pvt.Ltd and many IT companies are under his name. He worked as a freelancer to get prerequisite information about the IT industry.
Since he was too young then, many tried to hinder him from establishing himself, which became a great challenge for him. However, Sahu did not lose his focus and was not intimidated by what people said.
Instead, he plunged ahead to gather and garner experiences before establishing his own company. As a result, his company, ASTNT Pvt.Ltd is a force to reckon with in India's IT world today, all thanks to his focus, hard work, and determination.
Akhilendra works with many companies like InfinityFame, 2Newswire, ThePublishly, and StartUp199.
From his success story in an interview, he said he worked for hours and continuously engaged in sleepless nights with staunch hard work for him to bring his company to the limelight. As a result, he is one of the best-performing Indians in the IT sector today.
9. Ranveer Arora Allahbadia
Designation: Founder and Co-founder Monk-E
Company Name: BeerBiceps
Ranveer Arora Allahbadia is the most popular young Indian Entrepreneur in Mumbai. He is a YouTuber, fitness coach, and social media influencer who created his YouTube channel “BeerBiceps” in 2014.
His motivational and inspirational videos on relationship advice, fitness, yoga, and career development made him famous and lived by many fans and followers.
He is also the co-founder of Monk-E. Monk-Entertainment provides various services like cooking, yoga sessions, grooming, and fashion. In addition, he made videos about his autobiography and success story that many found motivating and inspiring.
As part of the challenges he faced on his way to achieving success, being an obese person, he was stereotyped by many, which affected him greatly. The good thing is that he could triumph with his business idea and diligent doggedness.
His videos are inspiring and motivational, especially for people who are facing one or more challenges to reach the peak of their careers too.
Ranveer Arora Allahbadia is real with his chats and interactions, which makes people more acquainted with him. He also creates a vlog about his day-to-day activities and has become a role model and source of inspiration for many aspiring young entrepreneurs in India.
10. Suumit Shah
Designation: Founder and CEO
Company Name: Dukaan App
Suumit Shah is a young Indian entrepreneur who developed the app Dukaan, which helps people who do not know coding kickstart their e-commerce business with their smartphones.
Dukaan is a platform that provides an avenue to make online transactions, which makes it sought by lots of companies.
The amazing part is that many people selling online have started using Dukaan just 48 hours after it was launched. The app is a DIY(Do It Yourself) platform that enables you to carry out seamless online transactions.
Before starting his own business, Suumit Shah then went to college to start work in the engineering department. At college, his friend put him through web development, improvement, and coding.
After that, he started attending many online marketing classes, after which he created Recemetric in 2014. He is now one of the best young Indian entrepreneurs. He owns many businesses and is supported by McDonald's, OYO, Cred, and others.
11. Kavita Shukla
Designation: Founder and CEO
Company Name: FreshPaper
Kavita Shukla is one of the youngest Indian female entrepreneurs that uses her story to influence people motivationally and inspirationally and wows many with her focus and determination to be successful.
She hailed from a small town and overcame her difficulties despite that. She had four patents, making her the youngest in the world to receive the INDEX Design to Improve Life Award. Several people use FreshPaper globally.
Bryce Dallas Howard made a short film about her success stories, enlightenment, and career to motivate and inspire upcoming prospective entrepreneurs. She is an inspiration to young Indian female entrepreneurs.
Kavita Shukla got the idea of drenching sheets of paper with spices. She did this for several years before creating her paper blend worth $25 from a craft store.
Spice-infused Fresh Paper enables all-day food freshness by inhibiting fungal and bacterial infestation. As a result, many media organizations like Bloomberg, CNN, The Washington Post, and Oprah Magazine, among others, have acknowledged her works.
FreshPaper is widely used by many people and farmers across the world. FRESHGLOW Co. has partnered with some largest, most reputable retailing companies around the globe, from Whole Foods to Walmart.
Also, she was recognized as one of Fast Company's “7 Entrepreneurs Changing the World”. She was also acknowledged by Forbes's “30 under 30 list”.
Kavita Shukla is also one of the “5 Most Innovative Women in Food”. She graduated from Harvard University after bagging her Bachelor of Arts.
12. Kunal Shah
Company Name: CRED
Kunal Shah is another successful entrepreneur on the list of Indian best young entrepreneurs. He is a lightspeed venture capitalist and the founder of CRED, an Indian fintech company.
Shah had the highest number of investments in Green Oaks Capital, especially in startups that everyone believes may turn unicorns in the coming years. Currently, he has invested in more than seven companies.
CRED is recognized as the second-fastest-growing unicorn startup in India. Like every successful young entrepreneur, it was not easy for him to scale up that high startup investment at the beginning.
He faced financial problems due to his low-income family background. Due to his family's financial challenges, he started earning a living early to be able to cater to his family.
While talking about the challenges he had to face, he said, “When you have not had money all your life, the value that you have for money is what it can do to other people's lives.”
He dropped out of his MBA, after which he became the CEO of many companies before he founded his first company, “Free Charge .” It was a phone recharging platform with a market value of about $400 million about six years ago.
Snapdeal acquired FreeCharge at the rate of $60million. He then used the accrued payment from the acquisition to invest in various startups.
13. Advait Thakur
Designation: Founder and CEO
Company Name: Apex Infosys India
Advait Thakur is a 19-year-old Indian programmer and serial entrepreneur who is the CEO of Apex Infosys India. He began using computers at the very tender age of 6.
He created his first website at the age of 9. Thakur has been working with Google's AIs for many years. According to CEOInsights, Advait Thakur is acknowledged as one of the nation's youngest CEOs.
He was cited in many articles, publications, and programs like India Today Magazine and ummid.com (on Six Entrepreneurs Under 25 Making Waves in 2019) and was awarded one of India's Hottest Young Entrepreneurs of 2018 by The Startup.
He is currently working as a co-founder and CTO at Crophie and founder and CEO at Apex Infosys India.
14. Bhavish Agarwal
Company Name: Ola Cabs and Ola Electric
Bhavish Agarwal is an Indian entrepreneur and the co-founder of Ola Cabs and Ola Electric. According to Time Magazine, he was recognized as one of the 100 Most Influential People of 2018.
He started working with Microsoft, which lasted for about two years. He also published three articles in International Journals and filed two patents before co-founding Ola Cabs and Ola Electric with Ankit Bhati in January 2011.
The idea behind the inception of this company came into existence when he had a strenuous encounter with public transport.
Ola Cabs and Ola Electric is now the largest transportation network in the Indian metropolis and has become the most preferred company for many people in about 22 Indian cities.
During the COVID-19 pandemic, the company retrenched about 5,000 workers as one of the proactive measures toward ensuring the survival of the economic downtime. At that time, they recorded a revenue loss of about 95%.
Recently, a newsletter stated that Bhavish would be detaching himself from the company's activities to fully concentrate on Ola Electric since he had already proposed that the company will engage in “car rentals and subscription-based ownerships of cars.”
He got the ET award as the Richest of the Year in 2017.
15. Aadithyan Rajesh
Designation: Founder and CEO
Company Name: Trinet Solutions
Aadithyan Rajesh is a Non-Resident Indian (NRI) software engineer who launched his own company at age 13. He is an amazing software developer that designed an app at 9, which makes him one of the youngest entrepreneurs.
Not only does he own a company and develop apps, but he can also design websites and logos beautifully and effortlessly. Rajesh was acquainted with computers at the age of 5. He soon became a tech expert already established at such a young age.
According to the Dubai-based India, he is from Thiruvilla, Kerala, and moved to Dubai when he was five. His father introduced him to a website called “BBC Typing” for young kids to earn typing.
Aadithyan has three workers who are his school colleagues. According to Aadithyan, he said he needs to be over 18 years of age before he can properly become a company owner.
His company has worked for more than ten clients and has delivered its various coding and design services for free. He became UAE's “teen developer” and is currently undergoing his internship as a Software Developer in Bakonus.
Tilak Mehta is the founder of Papers n Papers, who created an app-based courier service that facilitates the delivery of paper works, documents, and materials on the same day. He is the world's youngest CEO and leads one of the top Indian startups.
He is the youngest entrepreneur and CEO in India and has become a successful entrepreneur at 16. He aims to ease and enhance paperwork delivery across Mumbai.
Mukesh Ambani is the richest and biggest entrepreneur in India. He is a business tycoon whose father, Dhirubhai Ambani, was a force to reckon with in the world of entrepreneurs.
Ambani is an Indian businessman, the Chairman, and the Managing Director of Reliance Industries Ltd, India's most valuable company.
He is 65 years old with over $89.7billion in net worth value. Reliance Industries Ltd deals with petrochemicals, oil, glass, Telecom, and retail.
His father was the founder of the company before his demise. Then, Mukesh and his brother succeeded in the company, performing excellently.