In the last one decade, India has witnessed an exponential growth in entrepreneurship projects. They companies are started by young entrepreneurs and are now million dollar entities drawing investments from all parts of the world. This time is actually the best time to pull up your entrepreneurial traits and invest in your ideas. If you are someone with absolutely no idea about how to start or require some guidance to progress, an entrepreneurship degree course may help you a lot.
You can click here to know the reasons why should you go for a degree in entrepreneurship.
Here’s a look a some young entrepreneurs who made India proud in the recent decade –
King Siddharth – A young man who started his first magazine project while still being in school now has projects like Headout and Instamojo to his name.
Shravan and Sanjay Kumaran – As per Apple, they are the youngest mobile app developers in India. They created their first app merely when they were 12 and 10 years old. Till now they have developed more than 10 apps.
Ritesh Agarwal – He is the founder of OYO Rooms in India. The man had started when he was just 19 with 11 rooms in Gurgaon. Now he runs 65,000 rooms in more than 5,000 hotels across the states of India.
Tilak Mehta – The 13 year old boy founded a logistics company called Paper and Parcels in Mumbai in 2018. He came up with the idea when he could not get his hands on some books that he desperately needed. Paper and Parcels now delivers over 1,000 parcels each day across Mumbai.
Sreelakshmi Suresh – She is regarded as one of the youngest web designers in the country. Her company, eDesign ,took off when she was merely 10 years old.
Shraddha Sharma – She is the founder of YourStory, one of the largest digital platform for entrepreneurs in India. She is regarded as the ‘biggest storyteller of India’s digital space’.
Nandan Reddy – He founded the food delivery app, Swiggy. He was only 26 when Swiggy rolled out.
Vijay Shekhar Sharma – He is the founder of One97 Communications Ltd. It is actually the parent company of the famous payment gateway, Paytm. His name was listed by Forbes in the 2017 list of World’s Billionaires.
As per an Economic Survey 2019-2020, India witnessed the start of 1,24,000 new startups in 2018, which is more than double of the figure we had in 2014.
There are majorly 5 reasons that is boosting the Indian entrepreneurial market –
- Ease of business and free market
- Tapping of the untapped markets in Tier 2 and tier 3 cities
- The disruptions caused by newer technologies everyday. Adaptation of technology is helping with creative business ideas
- India is a young country with more than 70% of its population below the age of 35. The energy, creativity and technical knowledge is high among the crowd.
- Easy access and affordability of mobile phones has created a boost for every business than can go online.
If you too want to become an entrepreneur, this time is the best time for you. Enroll into an entrepreneurship degree course or a bachelor’s degree in business and learn how to create your own business, business regulatory framework, how to start a new business with zero capital and a lot more.
