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  2. Over the Years

Over the Years

Merely a steady stream at the time of Forbes India's launch in 2009, the ecosystem of eager startups and ardent entrepreneurs had gathered momentous pace a decade later. Some journeys in a meteoric rush though, got stuck in whirlpools of their own making. The now-proliferating stories in print and on the web affirmed the made-in-India ethic when the Covid-19 virus struck. As our stories through and after the pandemic attest, the entrepreneurial ecosystem has ploughed through and is no longer a stream, but a rushing, roaring river. Here's a rewind of the key milestones in India's corporates and startups, through the lens of 13 years of Forbes India

2009

Premiere Issue June 5, 2009
Premiere Issue June 5, 2009

Lakshmi Mittal just lost $26 billion to the worst crisis of his career. But not his will to fight back. The unshakeable ArcelorMittal empire has been shaken to its roots by the after-shocks of debt-driven expansion, but the strong-willed Lakshmi Mittal is fighting back

Volume 1 Issue 1 June 5, 2009
Volume 1 Issue 1 June 5, 2009

Beneath the cheerful opulence, Vijay Mallya is a seasoned warrior battling to save his debt-ridden empire

Ezequiel Scagnetti / Reporters / Redux
Volume 1 Issue 02 June 19, 2009
Volume 1 Issue 02 June 19, 2009

Mehmood Khan, Unilever's global innovation head, goes back to Mewat, his native village in Haryana with a plan to turn it around, by focusing on education and using enterprise to bring change by leveraging resources in villages

Amit Verma
Volume 1 Issue 10 October 9, 2009
Volume 1 Issue 10 October 9, 2009

Jet Airways' expat and Indian employees are at war. The industry is in a tailspin. The Chairman Naresh Goel is alone at the rudder

Indiatodayimages.com
Volume 1 Issue 10 October 9, 2009
Volume 1 Issue 10 October 9, 2009

Shahnaz Husain converted her teenage passion into a thriving beauty business. Now she must let it move on beyond her

Amit Verma
Volume 1 Issue 11 October 23, 2009
Volume 1 Issue 11 October 23, 2009

He beats his own drums. He treads his own path. Captain Gopinath is back at his old game: Disruptive entrepreneurship

Amit Verma

2010

Volume 2 Issue 05 March 5, 2010
Volume 2 Issue 05 March 5, 2010

Ekta Kapoor built India's most successful television production company, but failed to prepare it for bad times. And then, she gave the tale a twist

Vikas Khot
Volume 2 Issue 10 May 21, 2010
Volume 2 Issue 10 May 21, 2010

The suspended IPL CEO Lalit Modi got many things right as he designed the IPL but his controversial style caused him to fall faster than Lucifer

Vikas Khot
Volume 2 Issue 12 June 18, 2010
Volume 2 Issue 12 June 18, 2010

Chetan Maini, the 39-year-old technocrat and the creator of the Reva, the country's first electric vehicle, had received critical acclaim for the robustness of their EV technology. With a majority stake in Reva, M&M now gets a better chance to join the global race

Gireesh GV
Volume 2 Issue 18 September 10, 2010
Volume 2 Issue 18 September 10, 2010

Kishore Biyani scripted India's best-known retail success before plunging headlong into a crisis. Wiser by the experience, he has drawn up a completely different growth strategy, far more sober but no less ambitious

Dinesh Krishnan
Volume 2 Issue 18 September 10, 2010
Volume 2 Issue 18 September 10, 2010

Flipkart's Sachin and Binny Bansal created a premier service by focussing on 'predictable efficiency': But in online retail, to adapt is to survive

Mallikarjun Katakol
Volume 2 Issue 24 December 3, 2010
Volume 2 Issue 24 December 3, 2010

A2Z'S Amit Mittal first found success through managing electrical facilities for big companies. Now he is on to his next idea: Clean power from waste

Madhu Kapparath

2011

Volume 3 Issue 14 July 15, 2011
Volume 3 Issue 14 July 15, 2011

Naukri.com's Sanjeev Bikhchandani holds a confirmed pass to India’s Internet Hall of Fame. Now he’s betting on other Web players to get there too

Amit Verma
Volume 3 Issue 8 April 22, 2011
Volume 3 Issue 8 April 22, 2011

From bitter family feuds to delayed success, Analjit Singh has seen it all. What he learnt along the way—with help from the world-renowned management guru Ram Charan—is now becoming a template for the modern governance of his family business

Madhu Kapparath
Volume 3 Issue 16 August, 12 2011
Volume 3 Issue 16 August, 12 2011

Billionaire Shiv Nadar takes the brightest children from the poorest villages of rural India and sends them to boarding school

Anay Mann / PhotoInk
Volume 3 Issue 22 November 4, 2011
Volume 3 Issue 22 November 4, 2011

It seems contradictory to pursue both a social goal and a profit, but not for William Bissell. Under Bissell’s leadership, Fabindia has almost singlehandedly built a network of a rapidly vanishing breed of handloom weavers and artisans, and made them into shareholders through an elaborate community-owned model that became the subject of a Harvard Business School case study in 2007 and made Bissell a poster boy of inclusive capitalism

Mallikarjun Katakol

2012

Volume 4 Issue 03 February 3, 2012
Volume 4 Issue 03 February 3, 2012

Selco Solar's Harish Hande says small-scale, stand-alone solar installations are a better way of reaching poor, remote villages. That's why he wants to seed and mentor local enterprises in this field

Gireesh G V
Volume 4 Issue 04 February 17, 2012
Volume 4 Issue 04 February 17, 2012

How Gaurav Jain took Swastik Roadlines, a small trucking company in Gwalior, Madhya Pradesh, from nothing to one of the largest cold chain logistics company in India

Amit Verma
Volume 4 Issue 09 April 27, 2012
Volume 4 Issue 09 April 27, 2012

India has not yet thrown up a wind power utility firm of any scale. Yet serial entrepreneur Ravi Kailas of Mytrah Energy believes he can build 5,000 MW of capacity in five years. Does he know something that others haven't yet figured?

Jyothy Karat
Volume 4 Richlist December 31, 2012
Volume 4 Richlist December 31, 2012

Dilip Shanghvi built Sun Pharma into one of the most profitable generic drugs companies in the world. Now he’s stepped back and brought in Israel Makov to steer Sun into its next growth phase

Getty Images
Volume 4 Issue 10 May 11, 2012
Volume 4 Issue 10 May 11, 2012

Ajay Bijli and his brother Sanjeev of PVR Cinemas have so far focussed on profitability and brand-building instead of mindless expansion. Mexican chain Cinepolis' entry has changed that

Amit Verma

2013

Volume 5 Issue 06 March 22, 2013
Volume 5 Issue 06 March 22, 2013

At $100 million, Mukesh Bansal's Myntra is already India's largest online apparel seller. Now he's got Shopper's Stop in his sights. Even as Jabong and Flipkart have him in their's

Mallikarjun Katakol
Volume 5 Issue 10 May 17, 2013
Volume 5 Issue 10 May 17, 2013

What a long strange trip it's been for MakeMyTrip's founder Deep Kalra who has gained and lost his share of altitude. Yet he keeps finding oxygen

Anay Mann
Volume 5 Issue 20 October 4, 2013
Volume 5 Issue 20 October 4, 2013

In 2006, Yogesh Mahansaria was turfed out of Balkrishna Tyres, a global tyre business he had built. That's when PE player Warburg Pincus took him on board to give him a second crack at success. Seven years on, he has come back, on his own terms

Prasad Gori
Volume 5 Issue 22 November 3, 2013
Volume 5 Issue 22 November 3, 2013

After 32 years in the Mahindra Group, and 15 months as chairman, Anand Mahindra has emerged as an all-weather entrepreneur who knows how to take the right risks and avoid the rest

Vikas Khot
Volume 5 Issue 22 November 3, 2013
Volume 5 Issue 22 November 3, 2013

Phanindra Sama's vision for redBus was to introduce efficiency and method into the unorganised bus travel sector. Seven years on, the show is well on the road

Mallikarjun Katakol
Volume 5 Issue 25 November 29, 2013
Volume 5 Issue 25 November 29, 2013

Once a scrappy challenger, Micromax—the company Rahul Sharma co-founded—is now aiming to dislodge Samsung as India’s top smartphone maker. What lies next for the homegrown handset-maker?

Amit Verma
Volume 5 Issue 26 December 13, 2013
Volume 5 Issue 26 December 13, 2013

Narayana Health, founded by leading cardiac surgeon Dr Devi Shetty, could easily be mistaken for just another ‘corporate' hospital chain. But by ensuring that the poor get equal access to world-class health care, they have proved that they are so much more

Mallikarjun Katakol

2014

Volume 6 Issue 04 February 21, 2014
Volume 6 Issue 04 February 21, 2014

Restless and brimming with cool, these young achievers—Suhail Yusuf Khan, sarangi player, and Pallav Nathan, co-founder and CEO, FusionCharts—on the Forbes 30 under 30 list are defining new India

Suhail: Amit Verma; Pallav: Mallikarjun Katakol
Volume 6 Issue 16 August 8, 2014
Volume 6 Issue 16 August 8, 2014

Hindered by a stagnant economy, Indian VCs like Kanwaljit Singh, co-founder and senior MD, Helion Venture Partners turn to international markets to get their startups global exposure

Nilotpal Baruah
Volume 6 Issue 05 March 7, 2014
Volume 6 Issue 05 March 7, 2014

Riyaaz Amlani's Impresario Foods has moved up the value chain from Mocha cafes to fine-r dining, using economies of scale to grab India's limited prime real estate

Prasad Gori
Volume 6 Issue 18 September 5, 2014
Volume 6 Issue 18 September 5, 2014

Vivek Prabhakar and Shubhra Chadda, a Bengaluru couple quit their jobs to start their dream company, Chumbak Design in March 2010. It was a leap of faith they do not regret

Nilotpal Baruah
Volume 6 Issue 19 September 19, 2014
Volume 6 Issue 19 September 19, 2014

VSS Mani's Just Dial, a voice search service, became an IPO star when it listed in 2013. But Mani's vision is far more ambitious. Not only does Mani want to become an ecommerce player, he also wants to build a global 'local search' e-engine

Mexy Xavier
Volume 6 Issue 24 November 14, 2014
Volume 6 Issue 24 November 14, 2014

Neelakanta Rao Jagdale's Amrut, a homegrown single malt whisky is raising the bar. And giving iconic Scotches stiff competition

Nilotpal Baruah

2015

Volume 7 Issue 05 March 6, 2015
Volume 7 Issue 05 March 6, 2015

Move over, television! There are some new kids in town: Ashish Shakya, Abish Mathew and Tanmay Bhat. And they call themselves All India Bakchod (AIB)

Amit Verma
Volume 7 Issue 06 March 20, 2015
Volume 7 Issue 06 March 20, 2015

You needn't be a multi-product behemoth to become an e-commerce success story. Consider the rise of these verticals and the enablers: Mithun Sacheti, CaratLane; Vijay Shekhar Sharma, Paytm; Ashish Shah, Pepperfry

Mexy Xavier, Amit Verma, Joshua Navalkar
Volume 7 Issue 20 October 2, 2015
Volume 7 Issue 20 October 2, 2015

Childhood friends Rahul Khanna (left) and Kabir Suri started Mamagoto in 2010, two years after they returned from abroad. In a hat-tip to the enduring appeal of the food service sector, they recently raised $10 million from Goldman Sachs

Amit Verma
Volume 7 Issue 21 October 16, 2015
Volume 7 Issue 21 October 16, 2015

In just four years, Ola has become the market leader in the cab service space, ahead of Meru and Uber. No wonder, investors can't get enough of this Bengaluru-based startup

Mallikarjun Katakol
Volume 7 Issue 24 November 13, 2015
Volume 7 Issue 24 November 13, 2015

Chartering a private jet for birthday parties or a business trip is now a breeze for the moneyed, thanks to JetSetGo, the Uber of Indian skies. Kanika Tekriwal is the CEO and co-founder of JetSetGo, a Delhi-based startup that aggregates private jets

Amit Verma

2016

Volume 8 Issue 01 January 8, 2016
Volume 8 Issue 01 January 8, 2016

Rohit Bansal (left) and Kunal Bahl, co-founders, Snapdeal. The virtual marketplace is building a self-sustaining ecosystem to overtake Flipkart as the market leader

Amit Verma
Volume 8 Issue 04 February 19, 2016
Volume 8 Issue 04 February 19, 2016

The 30 under 30 lister Ritesh Agarwal, who sold mobile SIM cards in his teens, has had a prodigious career so far. Oyo Rooms is the largest branded network of budget hotels in India, with over 4,000 hotels in more than 160 cities

Amit Verma
Volume 8 Issue 04 February 19, 2016
Volume 8 Issue 04 February 19, 2016

By late 2010, Nikhil Kamath and his elder brother had founded Zerodha, a discount broking house that charged a flat fee of ₹20 per trade to derivatives traders immaterial of the transaction volume. The model was first of its kind in India, and a huge success

Nilotpal Baruah
Volume 8 Issue 04 February 19, 2016
Volume 8 Issue 04 February 19, 2016

More than their venture, their love for gaming brought the Postman co-founders together. 30 under 30 listers Abhijit Kane, Ankit Sobti and Abhinav Asthana of the Bengaluru-based startup builds platforms for the development and management of APIs. Their core audience includes individual software developers across the world, as well as companies with software development teams

Nilotpal Baruah
Volume 8 Issue 15 July 22, 2016
Volume 8 Issue 15 July 22, 2016

Dinesh KS turned his passion for the outdoors into a business that is growing at a galloping pace. From a Bengaluru garage 23 years ago, the outdoor gearmaker Wildcraft now logs sales worth ₹300 crore

Nilotpal Baruah
Volume 8 Issue 19 September 16, 2016
Volume 8 Issue 19 September 16, 2016

Byju Raveendran, founder and CEO of Byju’s, cracked the CAT exam twice with a 100 percent score. Having started as a test prep company, the edtech venture is now looking to take on one of the world’s largest K-12 segments

Nilotpal Baruah
Volume 8 Issue 22 October 28, 2016
Volume 8 Issue 22 October 28, 2016

Kavin Bharti Mittal has a track record of striking out on his own. Hike Messenger, his home-made startup is valued at $1.4 billion. Will his bets on 4G and a home-made platform pay off?

Amit Verma

2017

Volume 9 Issue 04 February 17, 2017
Volume 9 Issue 04 February 17, 2017

30 under 30 listers Rahul Jaimini and Nandan Reddy, co-founders, Swiggy. In August 2014, the duo, along with Sriharsha Majety, began operations in Bengaluru’s upscale neighbourhood of Koramangala with six delivery executives and twenty-five restaurants on its platform

Selvaprakash Lakshmanan
Volume 9 Issue 11 May 26, 2017
Volume 9 Issue 11 May 26, 2017

Ramesh Kumar Dua is always a step ahead. By focusing on quality and branding, he turned Relaxo into India’s largest footwear manufacturer

Madhu Kapparath
Volume 9 Issue 13 June 23, 2017
Volume 9 Issue 13 June 23, 2017

The founders of Fluid AI, brothers Abhinav and Raghav Aggarwal, are deploying Artificial Intelligence to make, among other things, banking fun for customers. Of course, they have a more serious intent: to be the plug-and-play AI engine for the world

Mexy Xavier
Volume 9 Issue 14 July 7, 2017
Volume 9 Issue 14 July 7, 2017

Founder Zorawar Kalra at his modern Indian bistro Farzi Cafe in Gurugram. Zorawar has turned traditional Indian cuisine—his father Jiggs Kalra’s forte—on its head and introduced molecular gastronomy in Indian kitchens to give it a global edge

Madhu Kapparath

2018

Volume 10 Issue 04 February 16, 2018
Volume 10 Issue 04 February 16, 2018

30 under 30 lister Kshitij Marwah founded Tesseract Inc. in 2016 to create ‘made in India’ products that are innovative and design-led. Marwah and team (all fellows from the MIT Media Lab India Initiative) have developed cutting-edge technology in the form of Voxel, the world’s first holographic headset that works with smartphones, and Quark 360—the world’s smallest 360 Virtual Reality (VR) camera

Amit Verma
Volume 10 Issue 06 March 16, 2018
Volume 10 Issue 06 March 16, 2018

W-Power Trailblazers: As feminist sentiments surge, Forbes India lists 25 inspirational businesswomen who are shattering stereotypes and aiming high

Mexy Xavier
Volume 10 Issue 06 7 March 30, 2018
Volume 10 Issue 06 7 March 30, 2018

Founder Vijay Shekhar Sharma aims to make Paytm the biggest one-stop shop for all retail and financial needs. He’s betting that the millions of shopkeepers in India, armed with a QR code, will give him an edge to dominate a fight of ecosystems

Amit Verma
Volume 10 Issue 13 June 22, 2018
Volume 10 Issue 13 June 22, 2018

Shantanu Deshpande, 31, founder and CEO, Bombay Shaving Company developed an interest in men’s grooming market in the US in 2013. He launched the company in 2016 along with his schoolfriend. He hit the mark with a 50 percent customer repeat ratio

Amit Verma
Volume 10 Issue 16 August 3, 2018
Volume 10 Issue 16 August 3, 2018

Co-founder Yashish Dahiya has it all worked out. With investment from SoftBank, India’s biggest online insurance aggregator PolicyBazaar is ready for its next big foray: Health care on tap

Amit Verma
Volume 10 Issue 25 November 23, 2018
Volume 10 Issue 25 November 23, 2018

Co-founder Deepinder Goyal hopes to race ahead of archrival Swiggy by transforming Zomato, a food tech major, into a farm-to-fork company

Amit Verma
Volume 10 Issue 16 August 3, 2018
Volume 10 Issue 16 August 3, 2018

Desmond Nazareth set up Agave India, a craft distillery when he couldn't find tequila in India. Now, he's managed to distil traditional tribal drink mahua to international standards, a first

Nishant Ratnakar
Volume 10 Issue 21 October 12, 2018
Volume 10 Issue 21 October 12, 2018

CEO and founder Girish Mathrubootham sets his sights on listing Chennai based SaaS startup Freshworks in the US, as the startup’s subscription-based revenue touches $100 million

P Ravi Kumar
Volume 10 Issue 26 December 7, 2018
Volume 10 Issue 26 December 7, 2018

Adar Poonawalla, CEO of the ₹4,837 crore by revenue Serum Institute of India, is looking to grow the low cost, high volume vaccine-maker to ₹10,000 crore by 2022

Vikas Khot
Volume 10 Issue 27 December 21, 2018
Volume 10 Issue 27 December 21, 2018

It isn't just about churning out party anthems and catchy lyrics. Rapper Badshah is a sharp businessman, who has been building his larger-than-life stage persona into a brand that now extends to apparel, content production, hospitality and TV

Amit Verma

2019

Volume 11 Issue 06 March 15, 2019
Volume 11 Issue 06 March 15, 2019

Actor, singer and now businesswoman, Priyanka Chopra Jonas with Whitney Wolfe Herd, who founded the dating and social media app Bumble in 2014. On board as an investor in Bumble, Priyanka belongs to a rare breed of celebrities, particularly women, to have backed tech companies

Mexy Xavier
Volume 11 Issue 15 July 19, 2019
Volume 11 Issue 15 July 19, 2019

Smaller cities like Indore, Jaipur and Raipur are emerging as a breeding ground for tomorrow’s unicorns. Take the young founders of ShopKirana—a B2B supply chain-focussed startup working with mom and pop stores—who chose to work from Indore and not Mumbai

Akashdeep Verma
Volume 11 Issue 06 March 15, 2019
Volume 11 Issue 06 March 15, 2019

Beena Kannan, took over the reins of Seematti, her family-run textile firm in 2000 and redefined the sari landscape in Kerala. Kannan, a designer herself, brought in new designs that often give the traditional a modern twist, focussing on bridal wear and curating clothes from across the country that would appeal to Kerala’s populace

Arjun Suresh
Volume 11 Issue 11 May 24, 2019
Volume 11 Issue 11 May 24, 2019

Nuru Karim at Cardboard Cafe, Bandra, Mumbai. Nuru’s architectural firm Nudes immaculately executed an unexpected design concept—an entire cafe, including its furniture and lighting fixtures built using treated corrugated cardboard which is 100 percent recyclable and bio-degradable. The cafe’s sinewy forms trigger a dialogue on the role of design, material and technology in protecting the earth’s resources towards a sustainable future

Aditi Tailang
Volume 11 Issue 13 June 21, 2019
Volume 11 Issue 13 June 21, 2019

Alarmed at the scale of wastage in the fashion industry, Kriti Tula, creative director and co-founder of fashion label Doodlage realised the urgent need for making fashion circular: Starting from the raw material to how the garment will be disposed of at the end of its life. She works with eco-friendly fabrics and leftover or discarded textile from large manufacturers, thus minimising waste

Madhu Kapparath
Volume 11 Issue 20 September 27, 2019
Volume 11 Issue 20 September 27, 2019

Virat Kohli plans to emulate his new-found status as India’s most successful Test cricket captain in entrepreneurship, building a ₹100 crore-plus celebrity brand in quick time

Marc Lecureuil
Volume 11 Issue 21 October 11, 2019
Volume 11 Issue 21 October 11, 2019

In five years, Xiaomi India has become India’s No 1 smartphone company and morphed into a ‘smart’ electronics consumer durable maker. For Manu Jain, this is just the beginning of a brand new chapter

Selvaprakash Lakshmanan

2020

Volume 12 Issue 09 April 24, 2020
Volume 12 Issue 09 April 24, 2020

A global pandemic compels organisations to experiment with what many have long believed to be the Future of Work. Can work from home become the new normal in a post Covid-19 world? For Delhi-based Sonali Thapar, director of Thapar Group's family office and investment arm, social distancing is not helping. The Thapar group consists mainly of brick-and-mortar manufacturing businesses

Shivani Thapar
Volume 12 Issue 16 July 31, 2020
Volume 12 Issue 16 July 31, 2020

Sivank Agarwal and Anish Khandelwal built short video app Mitron that is being used as a replacement for TikTok. Indian alternatives to Chinese apps are seeing a surge in downloads after the country banned 59 from the neighbouring country following the Galwan standoff

Volume 12 Issue 17 Aug 14, 2020
Volume 12 Issue 17 Aug 14, 2020

Mamaearth co-founders Varun and Ghazal Alagh have disrupted the traditional consumer products market. After carving a niche in the baby care segment with toxin-free products, Mamaearth has quickly evolved as an online-only personal care brand

Amit Verma
Volume 12 Issue 26 December 18, 2020
Volume 12 Issue 26 December 18, 2020

At 23, Akanksha Chaturvedi has only one vision: Use world-class technology to make quality education available in every corner of India at an affordable price. Chaturvedi, 23, launched Eduauraa in September to make education affordable and accessible via OTT platforms

Arpit Jain
Volume 12 Issue 26 December 18, 2020
Volume 12 Issue 26 December 18, 2020

Rajeev Karwal, founder & chairman, Milagrow HumanTech, with humanoid robots RoboNano (facing him) and RoboELF that have been deployed in hotels and hospitals. When revenues dropped from hospitality sector during the pandemic, Milagrow pivoted to residential and health care sector

Madhu Kapparath

2021

Volume 13 Issue 04 Feb 12, 2021
Volume 13 Issue 04 Feb 12, 2021

Sudheer Koneru, an engineer from India, built Zenoti — the world’s first salon and spa unicorn—into a billion- dollar company by scaling payments and B2B businesses. A software as a service (SaaS), Zenoti manages and digitises appointments, handles point-of-sale operations, and takes care of payment and inventory management for spa and salons across 50 countries

Hemant Mishra
Volume 13 Issue 18 August 27, 2021
Volume 13 Issue 18 August 27, 2021

Hero Electric, India’s biggest electric two-wheeler maker, is set for a high-voltage fight as rivals, including Hero MotoCorp firm up an aggressive plan to charge up the EV market. Naveen Munjal was the first one to hop onto EV bikes, and is one of the few still in the saddle after years of bumpy ride

Amit Verma
Volume 13 Issue 21 October 8, 2021
Volume 13 Issue 21 October 8, 2021

With his ability to connect with and surround himself with incredibly talented and successful people, Girish Mathrubootham has built his one-product Chennai outfit Freshworks into a $300 million Silicon Valley company with its own place on the Nasdaq, in just 10 years

Volume 13 Issue 23 November 5, 2021
Volume 13 Issue 23 November 5, 2021

Meet co-founders Aaditya Sharda (in picture) and Souvik Sengupta, the builders of Infra.Market, the now $2.5 billion behemoth. Infra.Market’s multiple private labels in categories from concrete to construction chemicals are fuelling the founders’ ambition to make it a $10 billion infrastructure conglomerate

Neha Mithbawkar
Volume 13 Issue 28 December 31, 2021
Volume 13 Issue 28 December 31, 2021

Mihir Parekh, Rajkummar Rao, K L Rahul, Adwaita Nayar, Anchit Nayar and Parth Jindal grace the cover of Forbes India’s Tycoons of Tomorrow. The ‘Tycoons of Tomorrow’ are not just about net worth and (often exaggerated) self-worth. The Tycoons of Tomorrow are those who are still on a journey—one of imagination, creativity, and implementation

Mexy Xavier, Madhu Kapparath
Volume 13 Issue 27 December 17, 2021
Volume 13 Issue 27 December 17, 2021

Paytm's founder and CEO Vijay Shekhar Sharma gets emotional during the IPO listing ceremony on 18 November 2021 at the Bombay Stock Exchange. Shares of Paytm were down 27 percent on the first trading day as investors shunned the digital payments company in the absence of a demonstrable business model

Punit Paranjpe / AFP
Volume 13 Issue 27 December 17, 2021
Volume 13 Issue 27 December 17, 2021

Investment banker Falguni Nayar launched beauty and fashion ecommerce platform Nykaa from her father's office when she was 49. Almost a decade later, after her IPO was oversubscribed nearly 82.5 times, India's richest self-made woman billionaire says she is only getting started

Mexy Xavier

2022

Volume 14 Issue 2 January 28, 2022
Volume 14 Issue 2 January 28, 2022

Can Albinder Dhindsa's Blinkit (Grofers’ new avatar with a ten minute delivery promise) help Deepinder Goyal add more muscle in Zomato's hyperlocal fight against loaded rival Swiggy, aggressive Dunzo and a bunch of upstarts?

Amit Verma
Volume 14 Issue 3 February 11, 2022
Volume 14 Issue 3 February 11, 2022

These young 30 under 30 listers keep the faith alive in a year when Covid-related challenges only exacerbated the situation for industry and businesses. This issue celebrates young tales of grit, gumption, determination and surviving against all odds

Mexy Xavier, Madhu Kapparath
Volume 14 Issue 8 April 22, 2022
Volume 14 Issue 8 April 22, 2022

Based out of Surat, Yogesh Kabra launched the men’s premium innerwear XYXX in 2017. The millennials and Gen Z who are more open to experimenting lapped up the colour, style and quirkiness, and made XYXX the talk of the town, disrupting the segment

Neha Mithbawkar
Volume 14 Issue 8 April 22, 2022
Volume 14 Issue 8 April 22, 2022

Staying bootstrapped, Noise co-founders Gaurav Khatri & Amit Khatri have notched up heady growth so far. The biggest hearables and wearables brand has to keep a close watch now on the well-funded rivals on its heels

Amit Verma
Volume 14 Issue 3 February 11, 2022
Volume 14 Issue 3 February 11, 2022

Rajan Bajaj's company is the only unicorn of the 30 Under 30 club this year. A national level basketball player, Bajaj calls his fintech startup Slice ‘a credit card challenger’ and counts big names such as Tiger Global, Das Capital, and Blume Ventures India as their unicorn-making investors

Selvaprakash Lakshmanan
Volume 14 Issue 8 April 22, 2022
Volume 14 Issue 8 April 22, 2022

Brothers Sachin and Vishal Chopra engineered their way to put Ninety One Cycles on a high-growth and profitable track, putting a dent in India's cycling culture. Products include performance bikes, mountain bikes, fat-tyre, hybrid and kids' bikes, and electric cycles brand Meraki

Neha Mithbawkar