Successful Entrepreneurs in India - Ponnusamy Karthik

Top 10 Successful Entrepreneurs in India

Who Is the Successful Entrepreneurs in India

Successful entrepreneurs achieve remarkable success. They continue to inspire the world. They show anything is possible with hard work and determination.

Successful entrepreneurs in India come from diverse backgrounds and industries. However, they all follow the same motto: “Have the passion to start something. Don’t wait for tomorrow. Do it Today.” This is how they become successful. They are well determined to succeed and to make their mark on the world.

India is a land of opportunity for true entrepreneurs. This article lists 10 amazing, successful Indian entrepreneurs. They utilized true opportunities and made their mark on the world.

List Of Successful Entrepreneurs in India

Here is the List Of 10 Successful Entrepreneurs in India,

  1. Deepinder Goyal
  2. Ponnusamy Karthik 
  3. Shradha Sharma
  4. Musthafa PC
  5. Priyanka Gill 
  6. Ashish Shah and Ambareesh Murthy
  7. Dilip Shanghvi 
  8. Supam Maheshwari 
  9. Naveen Tewari 
  10. Binod Homagai and Sagar Daryani 

Successful Entrepreneurs in India - Deepinder Goyal

    • Zomato is a leading food delivery company in India. The Zomato company was founded in 2008. Deepinder Goyal and Pankaj Chaddah named it FoodieBay. Initially, Zomato was named FoodieBay.

    • Both Deepinder Goyal and Pankaj Chaddah were IIT graduates. They were both working as analysts at Bain and Company.

    • They together started Foodiebay in 2008. FoodieBay became the largest restaurant directory in Delhi NCR in just nine months.

    • Initially, it was a restaurant discovery and review platform. (website – restaurant-listing-and-recommendation portal).

Successful Entrepreneurs in India - Deepinder Goyal
Successful Entrepreneurs in India - Deepinder Goyal

    • The FoodieBay company was renamed as Zomato in 2010. Zomato has its headquarters in Gurugram, India, and 3 office locations in india.

    • The Zomato logo has deep red and white as two main colors. The purity, cleanliness, and simplicity are essential for all foods and it is represented by the white color.

    • The food delivery industry is characterized by passion, energy, and excitement. The industry is represented by the deep red color.

    • Successful Indian entrepreneurs Deepinder Goyal and Pankaj Chaddah created the restaurant-finding app Zomato.

    • Deepinder Goyal and Pankaj Chaddah aimed to solve a common problem faced by diners. They wanted to help people find accurate information about restaurants, menus, and user reviews. They also wanted to make it easier to order food from partner restaurants.

    • The online food delivery and restaurant discovery platform connects consumers with local restaurants and food delivery services.

    • Consumers find Zomato very convenient. They use it to browse menus, place orders, and track deliveries.

    • Over time, Zomato has become a full platform for meal delivery and dining out.

    • Zomato is very popular now and available in over 1000 cities. It serves millions of customers worldwide. The website gets over 60 million hits daily.

    • Zomato’s network base of restaurant partners is higher than Swiggy’s. In 2015, Zomato started listing restaurants. Then, it expanded into food delivery in India.

    • Initially, Zomato established partnerships with restaurants that lacked their own dedicated delivery services. They collaborated with establishments like Delivery and Grab restaurants.

    • This strategic move marked a significant expansion for Zomato. It allowed the company to offer a comprehensive platform.

    • The platform showcased dining options. It also facilitated food delivery for a broader range of restaurants.

    • In the fiscal year 2023, Zomato gained strength. It had 647 million orders from 58 million customers, totaling Rs 263.1 billion. It covers more than 800 cities in the country.

Zomato world ranking

    • A Canada-based global research firm, ETC Group, published a new report. The report placed Zomato among the world’s top ten e-commerce-based online food delivery companies.

    • Zomato expanded operations internationally. They now operate in several countries, including the United Arab Emirates, Sri Lanka, Qatar, the United Kingdom, the Philippines, and South Africa.

    • Zomato expanded to New Zealand, Turkey, Brazil, and Indonesia in 2013. They provided websites and apps in Turkish, Portuguese, Indonesian, and English. In 2015, Zomato expanded to Canada, Lebanon, and Ireland, offering their languages.

    • Zomato gained immense popularity over the years, owing to its wide range of features. These include restaurant discovery, food delivery, and other services.

    • The orders are placed through its website, app, and other channels.

2. Successful Entrepreneurs in India - Ponnusamy Karthik

    • The NFBD company was established in 2016. NFBD Chairman A. Ponnusamy Karthik is one of the best entrepreneurs in India.

    • He is a well-known property developer. He serves customers in and around Chennai.

    • Ponnusamy Karthik is living proof that anything is possible in the world. He achieved this through hard work and dedication. He stands among the top entrepreneurs in India..

    • The NFBD Group concentrates on different businesses. These include import and export, business development, investor & real estate, and construction.

Investor - Ponnusamy Karthik
Successful Entrepreneurs in India - Ponnusamy Karthik

    • NFBD is exporting tender coconuts to major countries and the yearly target crossed Rs.6,5 crores. NFBD got good recognition in its Fish exports and getting more no of repeat orders.

    • He completed his Civil engineering graduation from Anna University. He is steadfast with a vision to be a pioneer in the Real estate industry.

    • He is the best inspiration to the Young entrepreneurs in India. He humbly started his own business with a small investment. He worked with a small team of 5 like-minded professionals.

    • He worked hard to overcome insurmountable obstacles. He wanted to receive good responses and achieve success.

    • His strong determination that nothing can stop his will to get ahead gave him the strength to manage failures. It also helped him face risks and challenges.

    • He is self-motivated with a clear forecast of what he wants to do and how to achieve it.

    • Successful Indian entrepreneur Ponnusamy Karthik is also involved in social activities. He strives for a social economy to help hungry and orphaned people.

3. Successful Entrepreneurs in India - Shradha Sharma

    • YourStory is one of India’s leading media platforms for startups and entrepreneurs.

    • Successful Entrepreneurs in India Shradha Sharma started YourStory at Bangalore in 2008. (at just 23 years old). YourStory’s estimated monthly net income is $4000 and its net worth estimates to $678K.

    • Shradha has an M.A. and is a graduate. She completed an education in design management and digital creative management (DCM) at MICA, Ahmedabad.

    • In 2006 and  2007 she worked as a brand advisor at the Times of India. She worked as an assistant Vice President at CNBC TV for 3 years (i.e., 2007 to 2009).

    • YourStory provides valuable insights into the world of business. It has emerged as the preferred platform for aspiring entrepreneurs.

Successful Entrepreneurs in India - Shradha Sharma
Successful Entrepreneurs in India - Shradha Sharma

    • Shradha Sharm believes that India’s new-age entrepreneurs deserve to have their stories heard.YourStory.com tells stories in 12 Indian languages.

    • YourStory.com published more than 40,000 stories of entrepreneurs. YourStory.com reaches more than 10 million engaged readers every month.

    • YourStory has become one of the most respected media brands in India. Its core is inspirational storytelling. It tells the stories of the common person determined to lead change.

    • It’s a great source for information on startups, entrepreneurs, investors, and business news. It’s also good for info on innovators and change-makers.

    • YourStory stands out as the ultimate storytelling platform.

    • The company has an authorized share capital of INR 22.00 lac and a total paid-up capital of INR 13.34 lac. For the financial year ending on March 31, 2022, the company reports operating revenues between INR 1 crore and 100 crores.

    • Shradha’s story is an inspiration and example. With hard work and determination, anything is possible in this world.”

    • Shradha’s story is a testimony to the power of dedication and innovation. Her story is inspiring for all entrepreneurs. Shradha Sharma received the NASSCOM Ecosystem Evangelist Award in 2010.

    • She also received the Villgro Journalist of the Year Award. In 2015, she won the L’Oreal Paris Femina Award and the ET Promising Entrepreneurs of India Award.

    • Fortune listed her name in the list of the ‘Best 40 under 40’ entrepreneurs in India for three years.

4. Successful Entrepreneurs in India - P C Mustafa

“The Breakfast King” P C Mustafa’s success story is a learning curve for entrepreneurs and upcoming start-ups.

    • ID Fresh Food is one of the leading food companies. It provides several flavors of Dosa and Idli. These include Ragi Idli/Dosa batter, Malabar Parota, Rice Rava Idli batter, and Whole Wheat and Oats Dosa.

    • Successful Entrepreneurs in India PC Mustafa was born in Chennalode, Wayanad district of Kerala. He belonged to a poor family.

    • P C Mustafa’s father was a daily wage worker and doing a coolie job. In his early education, Mustafa was an average student. He failed in class 6 and lost interest in going to school.

    • After initially working as a daily wage laborer alongside his father, he later re-enrolled in school. He achieved top rankings in both 7th and 10th grades.

    • Mustafa got 63rd rank in the engineering entrance exam and became an engineer.(REC). Started his career with Motorola for a salary of Rs 15,000.

    • Then, I worked with Manhattan Associates and Citi Bank, Dubai (for a salary of ₹1 lakh). I also worked with many Multinational Corporations in Europe and the Middle East until 2003.

    • In 2003 he once again continued his studies at IIM-Bangalore. During this study period, he started a Dosa and Idli batter manufacturing company named “ID Fresh”. He invested just ₹25,000 along with his cousins.

Successful Entrepreneurs in India - P C Mustafa
Successful Entrepreneurs in India - P C Mustafa

P C Mustafa’s entrepreneurial journey

    • Successful Entrepreneurs in India – P C Mustafa founded the company in 2006 in a 550 sq. In Bengaluru, P C Mustafa and his four cousins used to sell idli and dosa on the streets. They also delivered on a scooter.

    • Today, ID Fresh Food has a main manufacturing unit in a 15,000 sq.ft space in Bengaluru. The unit has an 80,000 kg production capacity and 3000 employees.

    • Today ID Fresh Food sells around 2,000 packets of coriander and tomato chutney, 2,00,000 parathas, and 40,000 chapatis per day.

    • Now the total investment is around Rs 6 crore and the revenue is more than ₹110 crore.

    • In 2005, ID Fresh Food sold only 10 packets of one kilogram of Dosa and Idli batter per day. Now, the company covers more than 8 Indian states and also exports to Dubai.

    • ID Fresh Food products are sold in more than 20,000 stores across seven Indian cities. These cities include Mangalore, Bangalore, Mumbai, Mysore, Pune, Chennai, and Hyderabad.

    • P C Mustafa decided to start and expand the business in other countries. The 1000 crore brand wants to become a billion-dollar brand.

    • P C. Mustafa’s inspiring entrepreneurial journey may motivate others. It might inspire them to explore innovative ideas.

5. Successful Entrepreneurs in India - Priyanka Gill

    • Myglamm is a leading beauty and wellness brand in India. MyGlamm was founded in a small apartment in Mumbai in 2017 by Darpan Sanghvi. Successful Entrepreneurs in India Priyanka Gill co-founded it.

    • MyGlamm has built one of the largest Content-to-Commerce companies in South Asia. MyGlamm has also achieved this with POPxo and BabyChakra.

    • It is an online makeup brand. It is part of the Good Glamm Group. It is South Asia’s largest beauty and personal care company. The company sells content online. It  has now grown to a team of over 200 people.

    • MyGlamm is committed to a mission: making everyone look and feel their best. They are making good progress towards reaching that objective.

    • Making glamour accessible and effortless’. a direct-to-consumer cosmetics company and a content-to-commerce beauty and personal care conglomerate.

Successful Entrepreneurs in India - Priyanka Gill
Successful Entrepreneurs in India - Priyanka Gill

    • MyGlamm, a digital media platform, acquired POPxo, an influencer marketing company. MyGlamm opened a 3000 square foot experiential store in Juhu, Mumbai.

    • MyGlamm launched cosmetic products in  October 2017. In August 2020, the company partnered with fashion designer Manish Malhotra.

    • They introduced a luxury category. They named it “Manish Malhotra Luxury Makeup by MyGlamm.””

    • MyGlamm had 20,000 POS across 70 Indian cities in  2021. Bollywood actor Shraddha Kapoor has invested in the MyGlamm company. She will endorse its products going forward.

    • Myglamm are frequently featured in Vogue, Elle, and Harper’s Bazaar. Darpan and Priyanka are passionate about constantly innovating.

    • They want to bring new products and services to market. The buyers can place orders on MyGlamm’s website, iOS, and Android app.

    • The Rs 500 crore revenue run rate company MyGlamm expects to double its revenue in the next 6 months.

    • In 2021, its parent company became India’s first unicorn startup. The startup is in the DTC beauty and personal brand industry. The parent company secured $150 million in funding and a valuation of $1.2 billion.

    • The Mumbai-based brand has become India’s first beauty commerce startup to turn a unicorn. It secured $150 million during a Series D funding round. Prosus Ventures (Naspers) and Warburg Pincus led the funding.

6. Successful Entrepreneurs in India - Ashish Shah and Ambareesh Murthy

    • The Mumbai-based Pepperfry is India’s largest online furniture store. Pepperfry is founded in 2012 by Successful Entrepreneurs in India Ashish Shah and Ambareesh Murthy.

    • Ashish Shah is an MBA from Harvard Business School. Ambareesh Murthy is an MBA from Stanford Graduate School of Business.

    • Both of them had worked in senior management positions with leading companies. These included McKinsey & Company, eBay, and SquareTrade.

    • They had done this before starting this Online Furniture Store. Why is it named Pepperfry? –  The Hindi word ‘peepal’ means ‘banyan tree’.

    • The banyan tree is always a symbol of strength and stability. So the company was names Pepperfry.

Successful Entrepreneurs in India - Ashish Shah and Ambareesh Murthy
Successful Entrepreneurs in India - Ashish Shah and Ambareesh Murthy

    • They aimed to provide of quality furnitures at affordable prices. At the time, there were very few e-commerce stores in the country.

    • But Ashish Shah and Ambareesh Murthy believed in their idea and decided to give it a try. Their key strategies and the focus on quality and innovation are great.

    • The Pepperfry started with a small team of just 12 people and today, the company has over 1000 employees.

    • Pepperfry has a manufacturing unit. It procures its products from more than 5000 vendors throughout India.

    • The  Pepperfry has also opened offline stores in major cities across India. Pepperfry was one of the first companies to introduce virtual reality shopping in India.

    • Today,  Pepperfry is India’s largest online furniture store. It has over 1 million products. Pepperfry has expanded its product range to include home decor, kitchenware, and more.

    • All the products are made of high-quality materials. They go through a stringent quality check before being made available to customers.

    • The Pepperfry is now a household name in India. Pepperfry is an $500 million worth company.

    • The company got a total of $244 million from investors. These investors include Tiger Global Management, Bertelsmann India Investments, and Goldman Sachs.

7. Successful Entrepreneurs in India - Dilip Shanghvi

    • Sun Pharmaceuticals is one of India’s largest pharmaceutical companies in India.

    • Successful Indian entrepreneur Dilip Shanghvi started Sun Pharmaceuticals in 1983. He is the Founder and Managing Director of the company.

    • In 2016, Dilip Shanghvi was honoured with the civilian award Padma Shri. In the list of India’s Most Powerful People for 2017, he secured the 8th position.

    • Forbes listed him as the 6th richest person in India with a net worth of US$18.7 billion. Dilip Shanghvi belongs to the small town of Amreli in the Indian state of Gujarat.

Successful Entrepreneurs in India - Dilip Shanghvi
Successful Entrepreneurs in India - Dilip Shanghvi

    • Shanghvi completed a Bachelor of Commerce degree from the University of Calcutta. Initially, Shanghvi helped his father in his Kolkata wholesale dealership business. They sold mainly generic drugs.

    • During that period he thought of manufacturing his own drugs instead of selling products made by others.

    • In 1982, Shanghvi opened his first manufacturing unit. It is called Sun Pharmaceutical Industries. The unit is in Vapi, Gujarat. He started the company with a capital of Rs.10,000.

    • Sun Pharma acquired American company Caraco Pharma in 1997. Sun becomes the largest drug company in India and the fifth largest in the world.

8. Successful Entrepreneurs in India - Supam Maheshwari

    • FirstCry is one of India’s leading online baby products platforms in India. Supam Maheshwari is the Founder and CEO of  FirstCry company.

    • Successful Entrepreneurs in India Supam Maheshwari started FirstCry in 2010. FirstCry is located in Pune, Maharashtra, in India.

    • It is an online-cum-offline brand providing a wide range of products for babies, kids, and moms.

    • Supam Maheshwari aimed to solve the problem of millions of parents in India. They did not have access to the best brands and baby care products for their offspring.

Successful Entrepreneurs in India - Supam Maheshwari
Successful Entrepreneurs in India - Supam Maheshwari

    • FirstCry has since become one of the leading online baby products platforms in India. momjunction.com, mylofamily.com, and myupchar.com. are the closest competitors to firstcry.com.

    • The FirstCry net profit in FY21 was INR 215.9 Cr. FirstCry’s operating revenue was Rs 2,401 crore in FY22.  The operating revenue grew by 49.8%. (i.e., from Rs 1,603 crore in FY21 to Rs 2,401 crore in FY22).

    • The firstcry.com is ranked #5 with > US$75m in 2022. in the Fashion market in India. ajio.com, zivame.com, and Adidas.co.in. are the top stores of firstcry.com grew 49.8% to Rs 2,401 crore in FY22 ₹20 lakh deposit amount is required to obtain a First Cry franchise.

    • The valuation of FirstCry India is $2.7 billion. (picked up capital from Premji Invest. This investment came after funding from the National Investment).

9. Successful Entrepreneurs in India - Naveen Tewari

    • InMobi is an Indian multinational technology company. It is one of India’s leading mobile advertising platforms.

    • The Founder and CEO of InMobi Naveen Tewari started InMobi in 2007. It is based in Bengaluru, India.

    • InMobi was enhanced from SMS-based search engine services to mobile advertising in 2008. InMobi was the first Indian unicorn startup company in 2011.

    • InMobi has 22 offices in 12 countries across 5 continents and employs around 2,500 people. InMobi initially operated in emerging markets in Asia and Africa and expanded to the US in 2009.

    • InMobi has become one of the most popular mobile advertising platforms in the world. InMobi allows brands, developers, and publishers to engage consumers through contextual mobile advertising.

    • The company’s mobile platform brings together publishers and advertisers. It provides relevant, personalized, and contextual advertisements to users. The ads appear when users visit the mobile app or website.

Successful Entrepreneurs in India - Naveen Tewari
Successful Entrepreneurs in India - Naveen Tewari

    • The company started with simple text-based ads. It has since added other ad formats, like video and native ads. These include conventional ad formats such as interstitial and banner ads.

    • InMobi also provides a Software Development Kit (SDK) for mobile app creators. They can use the SDK to integrate InMobi’s advertising within their app.

    • In 2014, InMobi launched its narrative advertising and interactive video advertising platforms. InMobi is backed by Soft Bank, Kleiner Perkins Caufield & Byers, and  Ram Shriram’s Sherpalo Ventures.

    • InMobi raised a total of US$215.6 million. This includes US$0.5 million in 2007. In 2008, the company received US$7.1 million in Series A funding. In 2010, it received US$8 million in Series B funding. The company received US $200 million in Series C funding in 2011.

    • InMobi has partnered with over 30,000 app developers. They work in various industries, such as gaming, social, news, utility, and entertainment.

    • The goal is to help these developers make money from their apps by using mobile ads.

10. Successful Entrepreneurs in India - Binod Homagai and Sagar Daryani

    • Sagar Daryani and Binod Kumar Homagai are successful entrepreneurs in India. They completed their studies at St. Xavier’s College, Kolkata.

    • In 2008, they started an Indian chain of fast-food restaurants in Springdale Spencer. They started it with ₹ 30,000. Wow! Momo is headquartered in Kolkata, West Bengal.

    • Now they have opened similar kiosks in various commercial locations. They are in tech parks, malls, and hypermarkets across the city.

    • Momo opened 200 outlets across 13 cities in India. (Kolkata, Noida, Gurgaon, Mumbai, Chennai, Lucknow, Delhi, Bengaluru, Cuttack, Puri, Kochi, Bhubaneswar, and Kanpu).

    • The net worth of the company is ₹860 crores. Sagar Daryani and Binod Kumar Homagai opened their first independent outlet in 2010. It was at Sector V in Salt Lake, Kolkata. They invested Rs 14 lakh.

    • 900 people managing the storefronts and over 700 backend production people are working in this company.

    • A standardized recipe and cooking methodology has been followed by the team. They prepare 16 different varieties of momos for vegetarians and Non-vegetarians. (For vegetarians- corn and corn and cheese, among others.

    • Non-vegetarians – chicken and cheese, chicken, prawn, and schezan.) They prepare chocolate momos also.

Successful Entrepreneurs in India - Binod Homagai and Sagar Daryani
Successful Entrepreneurs in India - Binod Homagai and Sagar Daryani

    • The first branch out of Kolkata is opened at Phoenix Market City in Bengaluru in 2011. Initially, the food company was started from a garage in Kolkata, West Bengal. The first kitchen was a 200-square-foot room.

    • Sagar Daryani and Binod Kumar took the raw material on credit from a local grocery store. They employed two part-time chefs on a nominal salary and used a single table only for preparation.

    • Sagar Daryani and Binod Kumar would wear a Wow! Momo T-shirt and approach every person entering the Spencer store and ask them to sample the momos in the initial days.

    • Sagar Daryani and Binod Kumar used the initial kiosks inside Spencer’s Retail in Gachtala Tollygunge in south Kolkata. They also used kiosks inside Big Bazaar hypermarkets in Kolkata.

    • They paid rent for a month at 18 percent revenue share. Then only they opened food outlets in commercial locations like malls and tech parks.

    • Momo won ‘Best SME of the Year Award in 2013 and also the the Best Food & Agri Products’ award.

    • Now, the Momo fast-food restaurant chain plans to expand rapidly in Delhi NCR, Kolkata, Mumbai, Hyderabad, and Chennai this year. Their USP is Pan-fried momos and serving delicious momos is their brand’s agenda.

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