ENTREPRENEURSHIP is the process of designing, launching and running a new business, which is often initially a small business . The people who create these businesses are called ENTREPRENEUR..and in this new generation INDIA is now rapidly moving toward startup culture because they want to live their life freely without any tension of jobs. THEY chossing entrepreneurship over 9 to 5 job .every one want to live the life of entrepreneur but they don’t know how dedication , hard work and patience needed to complete this desire.Here u will know about top 10 young entrepreneur in india .These are all top 10 successful young entrepreneur in india who have gone through a lot to get to where they are today
1) SUHAS GOPINATH
BORN ON-4NOVEMBER 1986 IN BANGLORE
NET WORTH-$500 MILLION
SUHAS GOPINATH proves that if someone have dedication, hard work and patience and have burning desire to do something then he /she can makes his /her dream comes true without money and any degree
HE WAS BORN ON 4 NOV 1986 IN BANGALORE IN A MIDDLE CLASS FAMILY. His father was a scientist in INDIAN ARMY and his mother is housewife. His schooling is done from AIR FORCE SCHOOL,BANGALORE. He listen word computer from his friend then he get a interest on computer but that time he don’t have computer in his home. so he then used to go at nearby cybercafe. At that time he get RS 15 as pocket money but at that price he cant do NET-SURFING with that money.But going everyday at cyber cafe he noticed one thing that cafe closed at 1.00 pm to 4.00 pm. Then he deal with the shopkeeper that from 1.00 pm to 4.00 pm he will open his cybercafe and will take care of customer and in return he can do NET-SURFING at that time. This is the first deal of SUHAS GOPINATH at the age of 12.
Now he get interest in WEB-DESIGNING and he make website then this become his passion.Then at age of 13 he get registered as a FRELANCE MARKET-WEBSITE BUILDER.His first income was $100 which is get from his website.but he is not get excited because he is not doing for money but for his passion.
After that he make aportal of coolhindustan.com that focus on NRI.He want to show his skill from this portal.then many company approaches him for web designing
AT age of 14 the US company NETWORK SOLUTION had give apart time job offer but he reject that offer because at that time he read about BILL GATES that how he start Microsoft.SO he wonder that making his own company will be right.so after some time he started his company GLOBAL INC And registered in AMERICA because in india below 18 year citizen cant registered their company so he become the Chairman(CEO) of his company. then he took a descisin that he will make is company as big as MICROSOFT.On first year Global tunneover was 1lakh which become5 lakh after second year.
BUT ITS TRUE FOR GETTING SOMETHING IN LIFE YOU HAVE TO LOSE SOMETHING
JUST BECAUSE SO BUSY IN HIS WORK HE GET NO TIME FOR HIS STUDY SO IN PRE BOARD CBSE EXAM HE GET FAILED IN ONE SUBJECT i.e. MATHEMATICS.SO HIS PARENTS URGE HIM TO FOCUS ON STUDIES.SO FOR 4 MONTHS HE DIDN’T DO ANY COMPANY WORK AND GET PASS IN 10TH BOARD EXAM WITH FIRST CLASS.
Suhas works as a designer website, online shopping ,E-commerce. He don’t have office that time but he noticed that in Europe there is a big opportunity because maximum Indian companies focusing on US Then he contact Spain company.But company denied and say that Indian don’t know Spanish. So he hire 5 intern from Spanish university.they take project for his company.then he decided in Spain also he should have one office
AT age 17 yrs old Suhas meet to DR.APJ ABDUL KALAM. His meeting fix for 15 min but his conversation is so unique that meeting exceeded to 1hr and 30 min. And this meeting for Suhas become remarkable and learning experience.
AT age of 18 years he registered his GLOBAL INC company in INDIA and recruit 4 employees makes his office just beside that cyber cafe where he started his career.
Then he took up admission in engineering college but just like bill gate he cant complete his engineering and dropout from college.AT 5th semester, world bank invited him for world bank invited him for board meeting. he was only one Indian in that meeting.So He become Board member of World Bank and so he lost his engineering.
NOW HE IS MULTIMILLION DOLLAR AND NOW HIS OPERATION IS IN SPAIN ,UK ,USA,AUSTRALIA etc
AT 2005 HE AWARDED RAJYOTSAVA FROM KARNATAKA GOVT.
AT 2008-09 HE ALSO AWARD” YOUNG GLOBAL LEADER”
2)RITESH AGGARWAL(Founder and CEO, OYO)
BORN ON-1993 IN ODISHA
NET WORTH-$1 billion
SUCCESS STORY –
AT a age of 13 years he started visiting new places he don’t have interest in studies at young age he listen the word entrepreneurship ,he doesn’t know the meaning but he want to become entrepreneur.
Then after sometime,he took up an admission in college of London university but he don have interest in study .He attend all seminar ,workshop,coarse and class on entrepreneur.He have keen interest in travelling . Incidentally, accidentally he goes in hotel business. He see that cheap hotel have dirty Washroom,Wash-Basin , Unclean bed sheets,bad CUSTOMER -EXPERIENCE. So he think to solve this big problem. He took up a small attempt,AT age 17 he learned about DATA ANALYSE and consumer behaviour
Now at age of 25 he became the CEO of the fastest growing hotel chain. His 50% of business is now set -up in china.
He made mission “CREATE GREAT LIVING SPACES FOR COMMON MAN.” Great living space and common man is two different thing they don’t come together.
IN 2012 He Established a company ORAVEL STAYS PRIVATE LIMITED. He went to Gurgaon city center.There he talk to hotel owner and said that in your hotel customer is not coming to your hotel so he tie-up with hotel owner and said he will give him customer and in return he will get commission but hotel owner denied his deal but he said that if their is a loss then he is responsible and if their will be profit then it will be divided equally. so owner deal with him.
So taking Rs35000 he went to Sadar bazar in DELHI.Their he purchased small items for making good infrastructure of that hotel But it create him more expensive so he wonder to scale up the model he need technology So he Started OYO which means ON YOUR ON .After some time these four things comes.
4.High Class CRM
OYO 7 SUCCESS STRATEGY-
1)ASSET LIGHT STRATEGY– Great Quality , Low Price, BETTER LOCATION(near mall, railway station, airport,corporate hub) He make unbranded hotel to Branded Ecosystem. In spite Of investing in making hotel he took up a Partnership With Existing Hotels. IT is basically Aggregator Business Model in which he gives his brand name to hotel and increase level of hotel by providing Uniform Quality , Price , Standardization and Staff Training.
2)END TO END RESPONSIBILITY FOR CUSTOMER EXPERIENCE- He( Ritesh Aggarwal) will be responsible for making customer happy . Hotel Owner have to don’t take any tension .He done it by 5 steps-
1)Ease Of Hotel Search
2)Ease of Booking
3)Check -in Easy
4)Check -out Easy
5) World Class Experience
OYO will ubgrade that hotel by investin g 3lakhs on each hotel
3)PREDICTABILITY WILL BRING REPEATABILITY
He fully focus on which thing is increasing and he repeat that thing. He make one Cluster Manager who will manage hotel. That Cluster manager audit that hotel and check Electricity,Water, Fan and AC .If ac not work properly then he will not give that room to their customer . He also check room cleaning is done or not and check Wi-Fi speed also and Room Amenties. so they make it
4)TECHNOLOGY FOR SPEED AND SCALE
HE knows if he want to scale his business with higher speed then technology is very important.He started coding at Age 8.He is so intelligent that he make an app in which after 3 click 5 seconds ROOM BOOKED. So getting technology he take control of
. OPERATIONAL CAPABILITY
SO FOR GETTING THIS HE MADE TEAM OF DATA SCIENCE AND IT IS VERY CRITICAL. HE HAVE HIS OWN TEAM HE HAVE MANAGER IN ALL COUNTRY WHO USE THEIR MOBILE APP CRYPTON APP WITH THE HELP OF THIS APP HE KNOWS ABOUT RATE OF RETURN,YIELD,EARNING AND INVENTORY SO BY THIS HE DECIDE HIS PRICE POINT OF THAT ROOM
5)FOCUSED TEAM FOR ACQUISITIONS AND EXPANSION
He make other dedication, function team by which we acquire new hotel and new partner and expand business .This team have only work to how to built partnership with new property. Now he have more than 10,000 hotelS,250cities ,13 countries he is growing at 5 times faster rate.Now he have 1.75 lakhs rooms But he have target to achieve 50,000+rooms per month .Today OYO is at no 1 hotel chain in India
SO WITH SUCH RAPID EXPANSION THERE IS A CHANCE OF MISTAKE SO TO AVOID IT HE MADE 6th STRATEGY
6)FEEDBACK TO FEEDFORWARD
They said that “WE HAVE A FEEDBACK DRIVEN STRATEGY FACTORY” they do any new thing by the help of customer. So customer can registered complain if they are not satisfied with the facilities . So to make this all technology human element is necessary because human will only use technology so he made 7th strategy
7)LOWEST ATTRITION WITH CONTINUOUS TRAINING
He train his team so much, inspire them too much that Oyo made 25 SKILL INSTITUTE AND 25 TRAINING CENTER. In fact if he get a news from his app that his employee is not doing his job properly or not behaving properly then he get his name then he take his employee from hotel to his training institute so they train that employee , take test of that employee ,upgrade him and improve his performance level when he get trained,fit to do job then send him for service and check him now he is doing his service properly or not so he don’t behave his employee badly but he inspire him to do job properly so for choosing his employee he check these FIVE things
3)TRISHNEET ARORA(ETHICAL HACKER)
BORN ON-2nd November 1993 in Ludhiana
NET WORTH-$118 Million
Trishneet Arora, TAC Security Solutions’ founder and CEO Arora was 14 when he came across the concept of ethical hacking. Gaining unauthorised access to data and computers could land one in jail, but it can be used to do good such as alerting enterprises about vulnerabilities in their system and suggesting remedies.Arora’s affair with technology began when his father, a tax consultant in Ludhiana, Punjab, brought home a computer at the age of nine . Arora, who would take apart appliances and gadgets to figure out how they worked, did the same with the computer, too.
A SHAKKY START
Even though Trishneet was a smart child, he says he failed in class VIII and had to skip class IX. He managed to complete his class X exams through correspondence. At the age of 16, he was sent to Chandigarh which was about 100 km away from home. That’s when he learnt a lot from his friends who were pursuing B.Tech. With a little guidance he was quickly able to grasp a lot about cyber security.
While blogging he got curious about ethical hacking and cyber security. He was so engrossed in this subject that he decided to write a book and share his learnings. Due to some hitches, his first book did not see much success, so he started again. His new book, ‘The Hacking Era’, was published in February 2013. That was around the same time he also decided to start his own venture TAC Security Solution.After listening to his keynote speech at a conference on cyber-crime in Ludhiana some senior police officers invited him to hold a workshop for their crime branch. He also worked on a few cyber-crime cases for the Ludhiana police. He was approached by the Gujarat police to conduct a two-day training session on cyber-crime investigation and forensic. Within a few months Trishneet’s company bagged some big names in its portfolio like Reliance Industries Limited, ICICI Bank, the Punjab police department and the Gujarat police (Crime Branch). Talks are on with other clients and he hopes to bag those soon as well. He also works as cyber-crime investigator and trainer.
In 2014 Punjab chief minister Prakashsinghbadal had awarded him as state award .Now today in his company client list their are various company which comes under him i.e
RELIANCE INDUSTRIES LTD
UK AND MANY MORE MULTINATIONAL COMPANY..
4) KUMARAN BROTHER’S(SHRAVAN 12 years old AND SANJAY KUMARAN 10 years old)
SUCCESS STORY- These two brother have keen interest in playing video games .They both spend mostly time in playing games in computer. Just because of this their parents get angry with them. But one day their father taunt them that MAKING GAME IS SO DIFFICULT ,YOU JUST PLAY GAME. So that they they decide to make game but they have no knowledge about coding. So they both give their whole concentration on coding and after sometime they make gaming app Casmic cob In making this app they face many difficulties but when this game comes to google app store it gets much response.And after sometime by this app they started their earning. It is big success for them but they don’t stop here and think about making their own company but Kumaran brother’s ages are less than 18 so for getting registered their company its very difficult So they register their company name by their father name .Their make company name GO DIMENTION .And after few years they purchase banner of Go dimention. They make more than 10+ gaming app.And these app have 1000000+downloads . And in spite of this they also make 2 app for education purpose i.e Alphabets board and colourpet . Today their company get bigger projects from AMERICA ,CANADA AND CHINA. They also get awarded as FICCI FRAME 2016 as the youngest CEO . Today their company give turnover in crores just because of their dedication ,hardwork. They both show that “AGE DOESN’T MATTER FOR HAVING SUCCESS ALL YOU NEED IS HARD WORK AND DEDICATIONS”.
While it’s basically consensus that most millionaire are wasting time and money on avocado brunches, younger generations are actually building technological legacies. 30 Under 30 Asia list honorees and brothers Shravan and Sanjay Kumaran, 17 and 16 respectively, are famous in their home country of India for being the country’s youngest app developers.They also get investment from big investment company from JAPAN .Their company worked together with google and yahoo.
“We’ve always believed that we must do something for society,” says Sanjay, on the thinking behind their latest app Go Donate, which facilitates the donation of food to local charities that would otherwise go to waste
“In Central Asia itself, about 500 millions tons of food is being wasted each year,” says Shravan. By the boys’ own admission, social impact is a key deciding factor behind their projects.
5)TILAK MEHTA(FOUNDER AND CEO-PAPER AND PARCEL)
He is a YOUNGEST INDIAN ENTREPRENEUR. At the age of 13 he started his own company PAPER AND PARCEL. which deliver same day delivery.
SUCCESS STORY– So This exciting journey starts with a coincidence. He had forgotten his maths books at his uncle’s home and he have his maths exam in two days so he needs that book on this day so he told his father to courier his books on that only.His father laughed and said coarier company charge 250-300RS for same day delivery and by this money he can buy other new book So he wonder why a small parcel charge so much money for same day delivery. And this price is not affordable by all .So that time his mind clicks and he wonder WHY SHOULD’T HE STARTED HIS OWN COMPANY WHICH DELIVER SAME DAY DELIVERY IN MUMBAI WITH REASONABLE RATE.
HOW HE MAKES HIS MANPOWER AND DELIVERY CHARGE LESS?
He make his own core team of 100 member .He thinks if he is able to create volume then only his company will goes to profit.And he generated his volume mainly by technology driven. Most operation is decided by algrorithm of technology.
WHAT IS OPERATION ?
He divide Mumbai route in 63 circles. At each circle there will be 2-3 people. so this 63 circles are connected .One man deliver parcel to other person who is at different circle. So this means parcel is not delivered directly but pass on to other delivery person and he pass on to other delivery guy so this process go on. So one delivery guy has 3-4km mastery.So he have to travel only 3-4 km and master of his region and can parcel 100 parcel in a day but if it is done by traditional work then only 2-3 parcel can be delivered . HE CONTRACT WITH 300DABBAWALAS AND 100EMPLOYEES. They have made such algorithm that technology decide by its own that what is next step of delivery guy and where he had to handover the parcel . In his hub only 5 member sits and manage all people. So his procees is all technology driven.
TIME PERIOD IN MAKING THIS TECHNOLOGY-8Months.And this 8 month is too crucial for him. At all night he decided with his team member to how to improve technology And he checks with board member where their is improvement in technology. He is so hard working that he attend his board meeting at late night from 12.00AM To 5.00AM And morning he go to school.Now he is doing tough competition to FEDx
UNDERSTAND HIS DELIVERY CYCLE.
He developed an application named PAPER AND PARCEL . In this person has to simply registered. Just like in ola an uber we click pickup and drop location . In this application also a person has to write his pickup location and dropping address. His nearest service provider get the notification and he will comes to their doorstep and customer will get that delivery guy information and photo also So he make it secure that person can trust on his company and that delivery person.So his all thing is done by app.
KNOWLEDGE ABOUT FINANCE.
He dint understand numbers and not have deep knowledge about finance. His uncle CEO of his company MR GANSHYAMPAREK help him in field of finance.His father and mother support him too much .
He had prove in 6 months his company had successfully delivered 1lakh 30 thousand parcel. And to expand it allover in india he needs funding.
The company is targeting to capture 20 per cent of the intra-city logistics market and a turnover of Rs 100 crore by 2020
6)NITESH YADAV(FOUNDER OF TECHSICON)
ANDROID DEVELOVER ,ETHICIAL HACKER
He is an INDIAN ENTREPRENEUR and At the age of 16 he had done something so unique that 99%people cant even think . He follow his passion and take a risk in life.
His entrepreneur journey start at the age of 13 After having top in class 8 and seeing his interest in Digital Learning his father gifted him a laptop so that he can follow his passion also.At the beginning period Nitesh use his laptop just for playing video games and listning songs. But after sometime he saw about app development in google and that time he get a burning desire to give some contribution in digital India world.And then he started learning about Web development and Web Designing. Just because of his background he don’t have any facilities or capital that he can go and learn this work.So he make google as his teacher and learn thing Online.He learned coding and all thing by online.
And when he was in 9 Class he learned android development ,web development and ethical hacking and cyber security.And in Class 10 he published his own android app which he named it his village name just because all one can know about his village name and at the same time he passed his class 10 class with 92.83%. And then for helping farmers he developed an app named KISSANGURU. Here in this app all help will be provide for all farmer.And then he never stop and make various app. He also made his website http://studentgiri.com and http://niteshyadav.in.And then he get many offer of job in multinational company but he denied because in his brain all is about development of digital India. He started his startup by the name of TECHSICON(a software development company).His main aim is to provide job to all India and now he also joined with NGO group where he give training about android development and web development and other technological things.He had also give many motivational speeches.He always give message to young student that never give up if you are dedicated to do someting thenn nothing is impossible in this world. Due to his harwork and dedication he is able to get in the list of top 10 young entrepreneur in India
7)SHREE LAKHSMI SURESH(FOUNDER AND CEO OF WEB-DESIGNING COMPANY)
BORN ON- 5 February 1998
NET WORTH- $11 Million
Education: Presentation Higher Secondary School
Parents: Viju Suresh, Suresh Menon
SHREE LAKHSMI SURESH is the daughter of Adv. Suresh Menon and Mrs. Viju Suresh.Shree lakshmi Suresh is very much interested in computer applications even from her early childhood. When she was 3 years old, she used to draw pictures using MS Paint program in Computer. Then she learnt typing alphabets and gradually started studying web designing. When she was studying in 3rdclass, she was entrusted with the work of developing a website for her School. She launched her site i.e.http://www.presentationhss.com Shree Lakshmi Suresh started her own web designing company eDesign Technologies (www.edesign.co.in), wherein she is the CEO, the youngest CEO in the World. and the first girl who is in list of top 10 young entrepreneur in India
She has won several National and International Awards for her excellence in web designing. The Association of American Webmasters honoured her by giving their membership along with their highest award for excellence in web designing, the Gold Web Award. She is the only member of the Association of American Webmasters, ever, under the age of 18.
Now she has received the National Child Award for Exceptional Achievement 2008, the highest award in India for Children instituted by Govt. of India.
Her first venture- Tinylogo
Tinylogo is a logo based search engine. she have much interested in collecting logos and just to collect beautiful logos, She started the site. But her dad told me that taking the logos from the sites of other companies without their permission was against law. So she thought of legally collecting the logos.
Don’t think that something is impossible for Children. We can achieve whatever elders can do, if we have the will.
‘Keep moving, Don’t Quit” is my slogan.
8)AKHILENDRA SAHU(FOUNDER-ASTNT TECHNOLOGY AND TECHNICAL TEXT TECHNOLOGY)
BORN ON- 1 February 2001 (age 19 years), Narsinghpur
Akhilendra Sahu , the CEO of ASTNT Technologies Pvt Ltd is a 17 years old young entrepreneur. and in rank8th of top 10 young entrepreneur in India
He had been interest towards internet and YouTube from the age of 12 ,In the year 2013 .He started his YouTube channel named ” All Is Here Tech” then after sometime he changed it as “Technical Next” and started making videos on technology ,(he Create more than 100+ Videos ) But this idea did not get him success because the number of views on videos get decreased after sometime .
HIS BUSINESS IDEA- He was finding a way that how to earn money or how to business online . He searched a lot on YouTube how to create apps & website ,then he started working on creating websites & apps ,he started writing tech blogs on blogspot,but it was a phase of his second struggle ,again he is struggling from low number of traffic on blog .
He Accepted the challenges and expanded his ideas to do something big. He Purchased his first domain name “http://technicalnext.com”and he created his first WordPress professional blog website.
Gradually, he created more websites in his subdomain and then his journey to became an ENTREPRENEUR Began ……
After sometime ,in year 2016, he started his professional journey by starting his company “TECHNICAL NEXT”,At that time it was a website development ,app development,seo & digital marketing company.
He purchased a playstore account worth $25 .At first he uploaded an app on playstore without any knowledge .he got a copyright strike strike on my new two apps and his app got suspended .This was again the time of struggle his app continuously getting banned on playstore and he lost his 6 Google Play console accounts within under 6 months .He had created more than 60+ apps but he lost them.
SUDDEN CHANGE-After suffering a lot, I started my good hard work without copying any content from anywhere .
“Technical Next” is now became “Technical Next Technologies”In year 2017
In my district it is a popular website development and digital marketing company.
In 2019 He have started many other companies under Technical Next Technologies.
Some of them are :-
FoodChilli ( Online Local Food Delivery Service (App & Website)
TNT SMM ( Cheapest SMM Services Provider (App & Website)
FCERTIFY ( Free Online Courses With Certificate (App)
HostDom (Online Marketplace For Hosting & Domains (App)
TNT Marketing ( US Based Digital Marketing Company)
NewsPortalDevelopment ( News Website Maintenance Services
In 2019 ,13th April his company is registered as private limited company.
“ASTNT Technologies Private Limited”
Now, 1 big change here , All Technical Next Technologies Services Like – Website Development , Digital Marketing & seo comes under ASTNT Technologies & Now, Technical Next Is India’s Cheapest WebHosting & Reseller Hosting Provider With Our Unbeatable Hosting Plans..
9)ADVAIT THAKUR(FOUNDER OF APEX INFOSYS)
BORN ON-February 17, 2003
ADVAIT THAKUR is an Indian computer programmer and Teenager Internet entrepreneur. He is the founder of Apex Infosys India , and is currently its chief executive officer.
He started using computers at age six, launched his first website at age nine, and has been working with Google’s AI and Natural Language Processing APIs for a couple of years NowAdvait is in a different league from the average pre-teen. In 2015, at age twelve, he founded a tech company ‘Apex Infosys India’ which is now an Accredited Domain Name Registrar and an organisation that provides Website-Hosting Services In 2017, at age fourteen, he built “Technology Quiz,” an app to help kids learn about Science & Technology which Actions On Google accepted after rejecting it five times.In D.A.V. Public School, New Panvel, Advait excelled in classes. He always took part in extra activities with studies like, Science Projects and Exhibitions and represented his school. In Christmas 2017, Advait developed an app called ‘Technology Quiz‘ for The Google Assistant and was accepted for Google Assistant. Google Team rewarded him by sending a Google T-shirt and $2400($200 per month) for running the project and made him part of Google Developers Community.He had also developed a personal assistant that controls IOT devices of house on voice commands with the help Google’s Open Source GRPC API. He is also member at IBM developer Works. He is also a former Senior Developer at #1 Android Forum, XDA-Developers.
Advait completed his high school education at D.A.V. Public School, New Panvel. He is the founder of two Global Internet Companies.
Apex Infosys India
On October 10, 2015, Advait established Apex Infosys India from his study room. An earlier inspiration for Apex may have come from Mark Zuckerberg, as he believes him his inspiration.
Apex Infosys India, since its inception in the year 2015, has strived and come a long way in creating a unique identity for itself in the Age of Internet.Way back in 2015 when Advait started, Apex Infosys had only one company under its umbrella, the Apex Business Solutions. But today, the company is currently partnere
Apex Business Solutions Digital Agency
Apex Business Solutions Digital Agency is an exclusive IT and Digital Marketing Agency in India, which helps provide unique digital solutions in order to gain maximum exposure for your business, thereby maximizing your source of revenue. Starting from basic online marketing to Marketing Communications and Social Media Marketing, Apex Business Solutions dispenses a myriad of services, essential to make your business/ organization grow.
Advait Thakur is Google Certified Adwords, Analytics, Digital Sales and Mobile Sites professional. He is also the youngest HubSpot Inbound Certified and Microsoft’s Bing Accredited Professional.
10)BHAVISH AGGARWAL AND ANKIT BHATI(COFOUNDER OF CEO)
BORN ON-28 August 1985
NET WORTH-US $430 million (INR 3135 crores)
Ola initially started off as Olatrip.com a small website venture that offered weekend trip packages. It was started as astartup business by two IIT Mumbai graduates Bhavish Aggarwal and Ankit Bhati. Bhavish worked for Microsoft after college for almost two years and then started a small website to sell online tour packages. Due to a bad experience during a car rental situation they decided to mend the system of car rental and this became the basis for the initiation of olacabs. Olacabs are now referred as Ola. Ola is a Spanish term which means hello! This indicates that hiring a cab at Ola as well as the services provided are easy and friendly as conveying hello. Ola cabs were founded on 3 December 2010 by Bhavish Aggarwal and Ankit Bhati. Initially Ola operated from Mumbai as a taxi aggregator service. Now it has shifted its head office at Bengaluru and works efficiently from there. Since Ola received its first investment there has been no looking backward for this initiative venture. Until the year 2014, the company had expanded to a widely distributed network which comprised of 200,000 cars across 85 cities. These 85 cities include all the metropolitan cities and various important cities in it. During November 2014, along with car rental scheme Ola also tried to incorporate autos on trial basis in Bengaluru. After its success there it initiated the same idea in Delhi, Pune and Chennai by December 2014. In the year 2015 Ola also started its auto services in Chandigarh, Indore and Jaipur. In March 2016, Ola started its two wheeler services in Bengaluru as a trial venture. Until September 2015 Ola was valued at around $5 billion market. Taxi for sure as acquired by ola in march 2015 for $200 million. The company averages a total of about 150,000 bookings per day and has the highest market share in India of 60%.
HOW BHAVISH STARTED JOURNEY
He knew about the business environment of the world.
He knew about zero to n and how investors like Tiger Global and SoftBank invested in copycat startups in Russia and China .
He knew India is next and he knew that tiger global has a weird category for choosing their entrepreneur that includes being from IIT and computer science student . He was one so he started executing his idea. He came to notice of top investors and made it big.
If the like of Ankit bhati and Bhavish Agarwal worked in Microsoft or Amazon, they will make good money but if they get their startup funded they can make a huge loss and become multimillionaires by burning money. Just because of their hardwork and dedication they are in list of top 10 young entrepreneur in India