In recent years, there has been a boom in the number of startups across the globe. Some people dream of running a business. Today’s entrepreneurs, especially the young folks, are great planners. They excel in market studies and analysis and make plans accordingly. Young entrepreneurs have a higher risk appetite. Hence, they don’t hesitate to take up challenges.
Many of these startup owners are highly qualified and used to draw a handsome salary before launching their own companies. However, they gave up their high-paying jobs to run their own business. They prioritise risk hunger, investment planning, and flexibility to job security.
However, there is another dark side of running startups. According to a 2022 study, 90% of the startups fail and only a few experience exponential growth. Therefore, it is safe to assume that startup is not everyone’s forte.
In this blog post, we will discuss top 5 highly successful Indian startups run by the youngest entrepreneurs.
Zepto
Zepto is one of the most popular delivery apps. Owned by Kaivalya Vohra and Aadit Palicha, Zepto is giving two most popular delivery apps Zomato and Swiggy run for money. Launched in 2021, the startup raised $160 million as funding within five months and delivered 3,400 products in 11 cities across the country.
Zomoto is focused on ensuring and improving efficiency. It has been able to gain a large pool of customers in a short span of time by offering discounts round the year.
The brand has secured $200 million in the Y Combinator’s Community Funds through Series D fundraising round and was valued at $900 million at the event.
Go Dimensions
Shravan and Sanjay are the youngest mobile app developers in India. They are also recognized as one of the youngest in the world. They already have many achievements under their belt. The developer duo has created three apps for Google’s Android Play Store, seven for App Store and one for New Windows Mobile Store.
ALPHABETS BOARD, CATCH ME COP, PLAYER PLANET, and ETC (CarRacingHD ,Emegencybooth ,EI5 and Colour Pallete.) are some of the most popular apps developed by them.
Pixxel
Pixxel is working on developing an assemblage of new-age hyper spectral micro satellites. In 2019, Kshitij Khandelwal and Awais Ahmed started Pixxel, a hyper spectral imaging firm. Instead of only allocating RGB i.e. the primary colour scheme to every pixel in an image, the hyper spectral imaging system is based on assessing a wide spectrum of light in the image system, resulting in more details and analysis from satellite images of planet Earth.
Pixxel was born to monitor the planet’s health and present the tiny details through high-quality images with help of cutting-edge technology. The company has raised $25 million in a new round of fundraising led by Radical Ventures of Toronto.
A number of companies including Blume Ventures, Inventus Capital India, Jordan Noone, a co-founder of Embedded Ventures, Light speed Partners, Sparta LLC and Seraphim Space Investment have invested in Pixxel.
Pesto Tech
Back in 2007, Ayush Jaiswal made up his mind that he would invest his knowledge, experience, effort and time in a business of his own. The young guy was inspired by former Apple CEO Steve Jobs who launched the first i-phone at that time. He started a technology education company and named it Pesto Tech.
The company helps the best software engineers start their full-time remote careers in the booming tech industry.
Interestingly, Ayush is a college dropout who wanted to channelize his energy and effort through his own business. His company now imparts 3-month training to millions of students and helps them find rewarding, full-time, remote jobs (with remuneration as high as 30 lakhs) in the US and European tech companies.
He is trying his best to change India’s occupational landscape and mindset by providing quality education to the bright students so that they can make 15 lakhs per annum.
The company claims that 50% Pesto fellows earn 4.2 lakh per annum or even more.
Monk Entertainment
Ranveer Allahbadia, one of the most popular and celebrity YouTubers from India, is the CEO of Monk Entertainment. His YouTube shows are known as Beer Biceps. Ranveer has teamed with Priyanka Chopra, Jimmy Mistry, Dr Vivek Bindra, Gary Vee and many others.
Viraj Sheth, the 24-year old Co-Founder & CEO of the company, is working with a team of young artists with excellence in all digital aspects. The company’s ascendance to a successful digital content creator has been made possible through the choice of interesting topics and their engaging presentation. Those associated with the startup have expertise in executing their ideas from the beginning to the end.
Monk-Entertainment is a 360-degree digital media company that mixes content creation, influencer marketing, social media management, talent development and management under one roof. The company helps brands create and strengthen their digital presence so that they can stand ahead in the competition.
Social media has expanded our reach. The startups can make the most of social media to reach out to more people in the country and abroad as well. Monk Entertainment is a digital content creator that helps brands to get an insight into the market mood and motivation so that they can integrate the experiences into their planning.
Many brands cannot find the right influencers who can present their stories in an engaging style. This is the scenario where Monk Entertainment fits in. They work as the catalyst to ensure that the brands’ stories, profiles, mission, vision and success reach a large number of audiences.
Ranveer has created several YouTube videos and invited many celebrities from different walks of life to his popular BeerBiceps podcasts. The list of famous invitees to his show includes politicians like India’s finance minister S. Jaishankar, Scientist A. R. Ranganathan, author and Supreme Court Lawyer J. Sai. Deepak, sports personalities like Sourav Ganguly, Neeraj Chopra, P. V. Sindhu, Tantric Practitioner Rajarshi Nandy, cancer surgeon Dr Shailesh Puntambekar, historian Dr. Vikram Sampath, film artists like Raveena Tandon, Neena Gupta, Sonali Bendre etc.
The podcast covers a range of topics from politics, lifestyle, food, fashion to meditation, sports, life and death etc. In a word, whatever topic you choose, they already have a video on YouTube.
