Startup  

Edtech Byju's is currently facing a financial crisis and has come down to a $200 million valuation from $22 billion in 2022. Reasons like mismanaged expansion and financial decisions have led to the downfall of the company. 

Vinay Devraj established his first stall in April 2018 during his college years. In the beginning, his family members and friends expressed concerns about the profitability of the business. Today, he operates four stalls at different locations while making substantial income.

Sam Altman, Founder and CEO of OpenAI, recently crossed $2 billion in net worth according to the Bloomberg Billionaire Index. Despite not having any stakes in OpenAI, Altman has many investments and other sources of income contributing to his billionaire status. 

Uncle Peter’s Pancakes, founded by Akashdeep Dan and Sundeep Singh, aims to revolutionize pancake culture in India. Appearing on Shark Tank India 3, they seek Rs 60 lakhs for 2% equity to expand their thriving chain. Will the Sharks invest in this delectable opportunity? Tune in to find out

Aman Gupta launched five different ventures before boAt, but he could not achieve success with any of them. In 2016, Aman along with Sameer Mehta co-founded the company boAt. Despite facing numerous challenges over the years, the duo’s persistence and dedication eventually led to the success of the company.

Stand-Up India is a government scheme that offers financial support to people from SC/ST community and women entrepreneurs who are above the age of 18. The purpose of this initiative is to facilitate bank loans to at least one SC/ST borrower and at least one woman borrower per branch to set up Greenfield projects.

Ganesh Mohan has been serving as the CEO of Bajaj Finserv Asset Management Limited since November 2021. This company, a subsidiary of Bajaj Finserv Limited, has a market capitalization of Rs 2,51,000 crore.

Ishwar Singh, a resident of Jodhpur, wanted to venture into a street food business; he was inspired by the rise of street food startups in the country. He employed an innovative idea and decided to utilize his car as a business partner. Setting up a table and chair near the Medical College of Jodhpur, Ishwar began selling cakes.

Ravi Prasad sources banana trees from nearby farmers for his handicraft business. To date, he has provided training to 700 women in the art of crafting banana fibre products. On average, his business generates sales of approximately Rs 2 to 2.5 lakh per month.

Arjun Ahluwalia is a prominent and successful entrepreneur in the country. He kickstarted his journey as an entrepreneur when he moved back to India after working in America for several years. Currently, the rural fintech firm ‘Jai Kisan’ is valued at approximately Rs 2,000 crore.

Arun Mehra invested in several startup projects but faced financial losses in them. Despite all the setbacks, he consulted his friends, and decided to launch his business again, with minimal investment. Within a month, he opened a tea ship and began receiving positive responses.

Monalisa, defying all the societal conventions, runs a tea stall named ‘The Classic Tea’ at Manjhi Chowk in Bhagalpur, Bihar. Presently, she is pursuing her graduation from Tilkamanjhi University, Bhagalpur. Apart from the tea shop, Monalisa also provides tuition classes to school children for financial independence.

After failing in his first startup, Sachin Bainsala launched another startup called ‘Hamara Café’ to assist people in filling out forms. The project addresses the technical knowledge gap and other document-related challenges.

Madhu Prakash is defying conventional expectations at the age of 60. She is not only managing her business successfully, but her startup also provides employment to women between the age group of 50 to 70. She runs her business named ‘Phulo Phalo’ with her niece Sugandha.

Dissatisfied with his job as an office-boy at Infosys, Dadasaheb Bhagat decided to make a career transition. Balancing his daytime work, he embarked on studying graphics designing and animation at nights. In the year 2015, he established his startup called ‘Ninthmotion.’