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10 Top Budding Entrepreneurs of India in 2023

Entrepreneurs of India

Starting businesses, expanding to country-wide and sustaining in it is not everyone’s cup of tea. It’s really not that easy, as it is to utter. Entrepreneurs are one of the backbones for a country, as the startups they venture substantially boosts up country’s economy. And to be a successful entrepreneur, it takes courage, discipline, creativity and perseverance, if it had to be cut short in four words.

India has seen a massive growth in entrepreneurs and startups in the past decade and the numbers are big. Data shows that India now has nearly 27,000 active tech startups in 2023 and a total of 80,152 startups had been officially recognized by DPIIT (Department for Promotion of Industry and Internal Trade) of India.

Business World’s attention is now drifted towards India, as the number of value-providing startups are increasing in the country day by day. Leading the firm valuably and enduring in the business requires exceptional determination and commitment along with a sound mindset. In that aspect, here are top ten Indian entrepreneurs from India, who has been successful in the industry since their arrival and nurtured a great business-value in the country.

#10 Nandini Shenoy – Founder & CEO, Pinkvilla

Nandini Shenoy
  • Nandini Shenoy is the founder and CEO of Pinkvilla, a platform about Bollywood entertainment and film industry, which she founded in 2007.
  • Pinkvilla has a website, YouTube channel and is based on Mumbai. Estimates show that the platform might be worth $1.44 Million (₹11 Crores).
  • Nandini Shenoy did her engineering in National Institute of Technology, Karnataka and she then moved to US for a Master’s in ECE from Rutgers University. In 2004, she landed in Microsoft as a software engineer.

#9 Manish Chowdhary – Cofounder, WOW Skin Science

Manish Chowdhary - CEO of Wow Skin Science
Manish Chowdhary
  • Manish Chowdhary is the Co-founder of WOW Skin Science, which is a manufacturing company making beauty and wellness products based in Bengaluru, India.
  • WOW Skin Science was founded in 2014 and has now over 350 personal care and wellness products. The company is now worth $125 Million (₹1,033 Crores) as of January 2023.
  • Manish has done his academic from the University called The Frank Anthony Bangalore.
  • Before starting WOW Skin science, Manish used to be a wholesaler and retailer in Bangalore reselling laptops for big companies. Later the business had crashed and Manish switched to developing WOW Skin Science.
  • Manish also co-founded Fit and Glow, which focuses on holistic wellness products, based in Bengaluru.

#8 Shub Bhowmick – Cofounder & CEO, Tredence Analytics

Shub Bhowmick - CEO of Tredence
Shub Bhowmick
  • Shub Bhowmick is the CEO and co-founder of Tredence, a data science and AI engineering company launched in 2013.
  • Tredence is 1,500-plus employees strong with offices in Foster City, Chicago, London, Toronto, and Bangalore, serving 30+ Fortune 500 companies. The company has funded $30 million (₹248 Crores) in total.
  • Shub holds an MBA from Northwestern University’s Kellogg School of Management and a Bachelor of Technology with Honors in Chemical Engineering from IIT-BHU, India.

#7 Vidya Naryanan – Cofounder & CEO, Rizzle

Vidya Narayanan - CEO of Rizzle
Vidya Narayanan
  • Vidya Narayanan is the Co-founder and CEO of Rizzle, a 60-second video creation platform where you can create, distribute and monetize your videos.
  • Founded in 2015, Rizzle had driven $37 million (₹306 Crores) in funding and is headquartered in California, USA.
  • Vidya graduated from Texas A&M university and also associated with big tech firms such as Google, Qualcomm and Motorola. She was in the team of Google’s always-on location technology for android and other Google services.
  • Vidya has 75 issued patents and over 100 pending patent applications.

#6 Akshay Chaturvedi – Founder & CEO, Leverage Edu

Akshay Chaturvedi - Founder of Leverage Edu
Akshay Chaturvedi
  • Akshay Chaturvedi is the founder of Leverage Edu, a career platform that uses artificial intelligence to mentor students and help them with college admissions.
  • Leverage Edu now has a net worth of $103.6 Million (₹857 Crores).
  • Chaturvedi came up with the idea when he was in business school in 2015 and then incubated it in Draper University’s entrepreneurship program to launch operations in April 2017. That same year he was selected as India’s Prime Minister’s Champion of Change.
  • Akshay was listed in Forbes’ ‘30 Under 30’ under Asia’s Consumer Technology in 2020.
  • Akshay also founded Flydot Finance, a financial service platform for helping students with their educational finance needs.
  • Akshay Chaturvedi has a net worth of ₹26 Crores, as of 2022.

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#5 Pallavi Shrivastava – Cofounder, PROGCAP

Progcap’s founders: Himanshu Chandra & Pallavi Shrivastava
  • Pallavi Shrivastava is the Co-founder and Director at ProgCap, company that provides working capital to small and medium-sized businesses (SMB).
  • Delhi-based Progcap is backed by Google, Creation Investments, Tiger Global & more, valuing the firm at $600 million (₹4,964 Crores), as of June 2022.
  • She did her MBA in XLRI Jamshedpur, after her Computer Science Engineering from Bhopal. Pallavi had also worked in Infosys, Hinduja, World Bank, IFC before cofounding Progcap in 2017.

#4 Azhar Iqubal – Cofounder & CEO, Inshorts

Azhar Iqubal – Cofounder & CEO, Inshorts
Azhar Iqubal
  • Azhar Iqubal is the Cofounder & CEO of Inshorts, a 60words news reading app that has gone viral in India.
  • Azhar founded Inshorts in 2013, after dropping out from Mathematics and Computer Science course in IIT-Delhi in 2012.
  • The valuation of Inshorts stands at $550 million (₹4,551 Crores) as of 2021.
  • Azhar Iqubal was named in the Fortune’s “Best 40 under 40 entrepreneurs in India” for the year 2016.

#3 Liberatha Peter Kallat – Chairperson & MD, Dreamfolks Services

Liberatha Peter Kallat
  • Liberatha Peter Kallat, aged 46 years, is the Chairperson and Managing Director of DreamFolks Services, which she founded in 2012.
  • DreamFolks Services began as an aggregator platform for airport lounges and gradually expanded its services to include airport services such as lounge food and beverage, meet and assist, nap room access, spa, baggage, and airport transfer.
  • DreamFolks Services has a market capitalization of $373 Million (₹3,089 Crores) as of May 31, 2023.
  • She has received a number of awards including the Entrepreneur of the Year in the Future Woman Leader Summit and Awards 2017, Outstanding Woman Entrepreneur and Employment Award 2018, Woman Icon of the Year 2019, Economic Times Most Promising Business Leaders of Asia Award 2019 & so on.
  • Liberatha Peter Kallat has a net worth $94 million (₹784 Crores), as of May, 2023.

#2 Aadit Palicha & Kaivalya Vohra – Founders, Zepto

  • Aadit Palicha (CEO of Zepto) and Kaivalya Vohra (CTO of Zepto) founded Zepto, a grocery and everyday utility products delivering company.
  • Aadit and Kaivalya were just 21 and 19 years old when they founded Zepto in 2020. Aadit and Kaivalya went to Stanford to pursue a degree in Computer Engineering, where they met each other.
  • Dropped out of Stanford, they both ventured Zepto, which is now worth $900 million (₹7,445 Crores).
  • Aadit Palicha has a net worth of about ₹1,200 Crores ($145 Million), whereas Kaivalya Vohra has ₹1,000 Crores ($120 Million), according to 2022’s IIFL Wealth Hurun India Rich List.

#1 Aman Gupta – Cofounder, Boat

Aman Gupta – Cofounder, Boat. Entrepreneurs of India
Aman Gupta
  • Aman Gupta is the Cofounder and CEO of Boat, a consumer electronics brand that sells earphones, headphones, speakers, chargers and more.
  • Boat is the fifth largest wearable brand in the World and is $1.3 billion (₹11,000 Crores) in market value approximately.
  • The 41-year-old CEO is from Delhi, and has three degrees – Bachelor of Commerce, Chartered Accountant, M.B.A. in Finance and Strategy, from Shaheed Bhagat Singh college, Institute of Chartered Accountants of India and Indian School of Business, respectively.
  • Before starting Boat in 2016, Aman worked in companies such as Citi Bank, KPMG, and Harman International.  
  • Aman had won several Entrepreneur of the Year awards and was in the list of “40 under 40” of Economic Times. He also appeared in Shark Tank India, as one of the Judges.
  • Aman Gupta’s net worth is estimated to be ₹700 Crores ($84 Million) approximately.

Check out more top entrepreneurs of India.

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