An entrepreneur is defined as an individual who undertakes or set-ups a business with the motive of earning profit. Entrepreneurs are risk-taking, hardworking, creative, self-motivated, have passion and professionalism and possess many other qualities. They adapt according to the resources like labour, capital and land in their original form and convert them into wealth and national income in the structure of goods and services. India’s GDP has increased from 26% to 37% because of entrepreneurs. It has resulted in more employment opportunities as well. So, let's know about the top 10 entrepreneurs of India.
Did you know?
India has over 76 million entrepreneurs!
List of India's Top 10 Entrepreneurs of India
Rank |
Entrepreneur |
Startup Names |
Year Of Startup |
1. |
Ritesh Aggarwal |
OYO Rooms |
2013 |
2. |
Shradha Sharma |
Your Story |
2008 |
3. |
Bhavesh Aggarwal |
Ola Cabs |
2010 |
4. |
Vijay Shekhar Sharma |
Paytm |
2010 |
5. |
Deepinder Goyal |
Zomato |
2008 |
6. |
Kunal Shah |
Cred |
2018 |
7. |
Sachin Bansal |
Flipkart |
2007 |
8. |
Deep Kalra |
Make My Trip |
2000 |
9. |
Byju Raveendran |
Byjus |
2011 |
10. |
Hari Menon |
Big Basket |
2011 |
Also Read: Successful Small Business Ideas for Indian Entrepreneurs
The Best Entrepreneurs Of India
1. Ritesh Aggarwal
The founder of a well-known company in the hospitality industry, the OYO Rooms is known for its best services and pleasant rooms and availability at each corner of India. OYO Hotel rooms and spaces are available at very reasonable prices with an online platform for booking with a free cancellation policy. Ritesh started this business in 2012 as Oravel Stays, enhanced his startup, and renamed it in 2013 as OYO Rooms, also called OYO Hotels and Homes. He is a self-motivated and hardworking entrepreneur.
Ritesh Aggarwal was rewarded at the second rank in the world in the list of the youngest self-made billionaires of the world at the age of 17. In 2020, his net worth was valued at nearly ₹7200 crores or $1.1 Billion. The company is headquartered in Gurugram, Haryana, with a revenue of ₹4,157 crores and 5130 employees in 2021. It has 157,000 homes and hotels in more than 35 countries, including China, Indonesia, Malaysia, UAE, Nepal and many more. Ritesh Aggarwal is one of the most promising young entrepreneurs in India.
2. Shradha Sharma
She is the founder, chief editor and CEO of Your Story. Her ideology behind starting the company was that she wanted to highlight stories, especially startups. Inspired by this, she launched Your Story, a platform for entrepreneurs interested in media technology. Shradha Sharma worked as vice president of CNBC TV18 and the brand advisor of The Times of India before starting her business. She is a creative and self-motivated entrepreneur having passion and skills. Shradha Sharma monitors and works as a leader of 100 team members who work collectively to produce matters in 11 different languages of India. Your Story's objective is to give a voice to the entrepreneur's journey that they go through and act as a platform for sharing their experiences in the business world. Your Story was launched in 2015 with a startup capital of ₹2 lakh.
3. Bhavesh Aggarwal
He is a co-founder of Ola Cabs. Ola Cabs is headquartered in Bangalore, Karnataka. Ola provides cab services in India with an online booking app. The cabs can be booked at any time and any place and provide many employment opportunities for people. Bhavesh Aggarwal belongs from Ludhiana, Punjab, and he was inspired to launch such a project by having bad experiences with taxi services in India. He is one of the most successful entrepreneurs of India. Ola also offered their online taxi services in more than 100 cities and served in countries including Australia, New Zealand and the United Kingdom. The company has been making rapid growth in the market. In 2021, the company earned a revenue of ₹689 crores. Bhavesh Aggarwal was awarded the Best Startup Award, the Billionth award in 2013, and enlisted in the Forbes 30 under 30 list. His monthly income was estimated at ₹15 crores.
4. Vijay Shekhar Sharma
He is the founder of Paytm, the widely used mobile eCommerce app offering online payments and money transfers. The company is headquartered in Noida, Uttar Pradesh, India. Paytm is used by 95% of people in India for daily small or big payments and purchasing goods. It also provides discounts and cashbacks on bill payments and many more services. Vijay Sharma is among the 100 richest people of India, having a net worth of US $2.4 billion in 2021. He is counted among the famous entrepreneurs in India. He was rewarded with the Yash Bharati award and belongs to Aligarh of Uttar Pradesh. In the last quarter of 2021, the company has acquired revenue of ₹1,090 crores. He has also established Paytm Mall for easy online shopping, supplying various products.
5. Deepinder Goyal
Zomato is an online application software (app) providing services of delivering food from different restaurants, hotels and cafes to the location of the person who orders food. This service is available in almost every corner of India. The company also provides many cashback schemes and timely discounts, which increase customers’ retention rates. Deepinder Goyal and Pankaj Chaddah are the founders of this amazing food delivering segment; their headquarter is in Gurugram, Haryana. They both are IIT Graduates from Delhi. Deepinder Goyal belongs to a middle-class family of Muktsar, Punjab. He is one of the famous entrepreneurs in India. In 2021, Deepinder Goyal net worth was estimated to be ₹2200 crore, and the company's revenue would be around ₹1,994 crores (US$260 million) in the financial year of 2021. The company is serving in more than 24 countries, including UAE, Indonesia, Qatar, the UK, Sri Lan ka and many more, and the company is presently working with more than 5000 employees.
6. Kunal Shah
Kunal Shah is the founder of CRED, which is enlisted as the second-fastest-growing unicorn startup in India and headquartered in Bangalore, Karnataka. CRED provides services to make credit card payments through an online app and gives many prizes. CRED has a steady growth rate and offers different products like CRED Pay, CRED Cash, CRED Rent Pay, CRED Travel Store and CRED Store. Kunal’s first startup was Paisa back, which provides cash-back promotions services for retailers. Kunal Shah is also the co-founder of Free charge, one of India's best innovative business models. He sold Free Charge in 2015 to Snapdeal ₹2400 crore and then made a startup as CRED. He is open-minded, and a creative entrepreneur with a net worth of around ₹5985 crores in 2021. Kunal Shah also invested in many other startups like Unacademy, Razorpay, Pianta, MPL, etc. He belongs to the dream city of India, Mumbai.
7. Sachin Bansal
Sachin Bansal is the co-founder of the amazing e-commerce company called Flipkart, an online shopping application known for its best delivery services and availability of a wide range of products. Sachin Bansal is from Chandigarh, Haryana, and he worked at Amazon Web Service, which inspired him to start his online business with his friend Binny Bansal. He is among the top 10 entrepreneurs in India. His net worth is estimated as ₹8848 crores. Flipkart makes shopping easy as we can shop anything from our home and provide us with a huge variety of products. The company is headquartered in Bangalore, Karnataka. In 2018 Flipkart was acquired by Walmart, after which Sachin Bansal stepped down from his position after 11 years at the company.
8. Deep Kalra
Deep Kalra belongs to Hyderabad and graduated from IIM Ahmedabad, Gujarat, in 1992. He is the founder of Make My Trip, an online platform offering the services of online bookings for travellers all over India. In 2021 the market value of Make My Trip was estimated at nearly $2.6 billion, and Deep Kalra’s net worth was calculated as $136 million. The company provides the booking services of hotels, flights, holidays, trains, cars and buses and works with more than 3051 employees. Make My Trip provides worldwide services having numerous offices in foreign countries and cities, including Singapore, New York, Kuala Lumpur, Bangkok, Phuket, Dubai and many more. The company was rewarded with many awards. A few of them are The Best Travel Portal Award in 2013, The Superbrand Award in 2009, The Best Domestic Tour Operator Award in 2011 and many more.
9. Byju Raveendran
He is the co-founder of Byju's. Byju’s is an educational learning app providing online coaching or tuition services and lessons for cracking the toughest entrance exams like NEET, UPSC, JEE. They also educate students of different standards and give an enjoyable learning platform for young children. They provide their services worldwide, leading to a revenue of ₹2800 crores. The net worth of Byju Raveendran is estimated at nearly ₹18.6 thousand crores. He is counted in the young billionaire’s list as per Forbes list, making him one of the best entrepreneurs of India. His parents belong to the teaching profession, which led to his inspiration of developing an online learning platform in 2011, which he launched in the form of application software in 2015.
10. Hari Menon
He is the co-founder of Big Basket, headquartered in Bangalore, Karnataka. Big Basket is India's first online grocery provider or supermarket store with fresh goods, offering doorstep delivery. Presently, Big Basket provides its services in Mumbai, Bangalore, Delhi- NCR, Chennai, Hyderabad, Pune, Kolkata and Ahmedabad. Hari Menon is from a simple middle-class family in Mumbai and is counted among the top 10 entrepreneurs in India. He started his career as a software engineer before establishing his own company. The company’s revenue was ₹2,481 crores in 2021.
Also Read: Entrepreneurs first failed business ideas
Conclusion
The above list goes on to show that your ideas and skills can make you a billionaire, but you need to be hardworking and innovative to make it to the top. Entrepreneurs act as the main pillar of our economy due to their amazing ideas and startups, which make opportunities and provide them to all. Hope these top 10 successful entrepreneurs help and motivate you for launching your ideas into startups. There are a lot of risks and failures, but with hard work and dedication, your startup can be successful too.
Follow Khatabook for the latest updates, news blogs, and articles related to micro, small and medium businesses (MSMEs), business tips, income tax, GST, salary, and accounting.