In recent years, India has witnessed a remarkable surge in entrepreneurial spirit among its youth. Young minds with innovative ideas have stepped forward to establish successful businesses and make a name for themselves in the corporate world. This article highlights the top 10 youngest CEOs in India, their notable business ventures, and their impressive earnings or net worth.
Top 10 Youngest CEOs in India 2023
1. Ritesh Agarwal – OYO Rooms
Ritesh Agarwal, the founder of OYO Rooms, is a prominent name in the Indian startup ecosystem. At the age of 19, he launched OYO Rooms, a budget hotel chain that revolutionized the hospitality industry in India.
With his exceptional vision and strategic approach, Agarwal has propelled OYO to become one of the largest hotel chains in the world.
His net worth is estimated to be around $1.5 billion.
2. Bhavish Aggarwal – Ola Cabs
Bhavish Aggarwal, the co-founder and CEO of Ola Cabs, is known for his contribution to the transportation industry in India.
At just 25 years old, he co-founded Ola, a ride-hailing platform that quickly became a market leader, competing with global giant Uber.
Aggarwal’s entrepreneurial journey has earned him a net worth of approximately $1.2 billion.
3. Byju Raveendran – BYJU’S
Byju Raveendran, the founder of BYJU’S, has transformed the education sector in India with his innovative learning platform.
Starting as a simple coaching center, BYJU’S now offers online learning resources and interactive study materials to millions of students across the country.
Byju’s visionary leadership has earned him a net worth of around $2.8 billion.
4. Deepinder Goyal – Zomato
Deepinder Goyal, the co-founder and CEO of Zomato, has played a significant role in shaping India’s food delivery industry.
Zomato, an online food delivery and restaurant discovery platform, has expanded its operations globally under Goyal’s guidance.
His entrepreneurial journey has earned him a net worth of approximately $1.1 billion.
5. Vijay Shekhar Sharma – Paytm
Vijay Shekhar Sharma, the founder of Paytm, is a prominent figure in India’s fintech sector. Paytm started as a digital payment platform and quickly gained widespread popularity.
Today, it offers a range of services, including e-commerce, banking, and financial products.
Sharma’s net worth is estimated to be around $2.4 billion.
6. Kunal Shah – CRED
Kunal Shah, the founder of CRED, has made significant contributions to the credit card payment industry in India.
CRED is a members-only platform that rewards users for paying their credit card bills on time.
With his innovative approach, Shah has attracted millions of users and secured a net worth of approximately $1.2 billion.
7. Falguni Nayar – Nykaa
Falguni Nayar, the founder and CEO of Nykaa, has revolutionized the beauty and cosmetics industry in India.
Nykaa, an e-commerce platform for beauty and wellness products, offers a wide range of brands and has gained immense popularity among consumers.
Nayar’s entrepreneurial success has earned her a net worth of around $1.2 billion.
8. Ritesh Malik – Innov8
Ritesh Malik, the founder of Innov8, is a prominent name in the co-working space industry in India.
Innov8 provides flexible workspace solutions to startups, freelancers, and businesses.
Malik’s entrepreneurial journey has been highly successful, securing him a net worth of approximately $75 million.
9. Radhika Ghai Aggarwal – ShopClues
Radhika Ghai Aggarwal, the co-founder and former Chief Business Officer of ShopClues, has played a crucial role in the growth of e-commerce in India.
ShopClues, an online marketplace, caters to the needs of small and medium-sized businesses and offers a wide range of products.
Aggarwal’s net worth is estimated to be around $10 million.
10. Kavin Bharti Mittal – Hike Messenger
Kavin Bharti Mittal, the founder and former CEO of Hike Messenger, made significant strides in the Indian messaging app market.
Hike Messenger offered a unique set of features and attracted a large user base.
Although the app has shut down, Mittal’s entrepreneurial endeavors have contributed to his net worth of approximately $300 million.
These top 10 youngest CEOs in India have demonstrated exceptional leadership skills, innovation, and entrepreneurial acumen. Through their visionary ideas and hard work, they have created successful business ventures that have not only impacted the Indian market but have also gained global recognition. Their impressive net worth is a testament to their success and serves as an inspiration for aspiring young entrepreneurs in India.
FAQs About the Top 10 Youngest CEOs in India
The youngest CEO in India is Ritesh Agarwal, the founder of OYO Rooms. He started OYO at the age of 19 and has achieved remarkable success in the hospitality industry.
Bhavish Aggarwal, the CEO of Ola Cabs, has a net worth estimated to be around $1.2 billion. His contributions to the transportation industry have made him one of the most prominent young entrepreneurs in India.
Byju Raveendran, the founder of BYJU’S, holds a bachelor’s degree in Mechanical Engineering. Despite not having a formal background in education, he has revolutionized the edtech industry in India.
Deepinder Goyal, the co-founder and CEO of Zomato, played a significant role in the growth of the food delivery industry in India. He expanded Zomato’s operations globally and made it a widely recognized platform for restaurant discovery and food delivery.
Paytm, founded by Vijay Shekhar Sharma, started as a digital payments platform. Over time, it has evolved into a comprehensive financial services platform, offering services like e-commerce, banking, and wealth management to its users.