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    Home » Meet 3 billionaires of India whose one thought created billion business
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    Meet 3 billionaires of India whose one thought created billion business

    ShehnazBy ShehnazOctober 10, 2020Updated:September 26, 2021No Comments
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    1. Byju Raveendran

    The earning of a teacher can also be in billions and this is possible not only in fantasies but also in reality. One such teacher is Byju Raveendran. Byju Raveendran was born to a school teacher and owns 22253 crores today. Fortune magazine has placed him in the Global 40-under-40 Technology List. Mukesh Ambani’s daughter Isha Ambani and son Akash Ambani are also included in this list. Apart from this, he is ranked 46th in Forbes list of richest Indians.

    Started his own startup leaving IT job

    Byju Ramchandran was born in Azhikode, a village in Kerala. He studied at a Malayalam medium school, where his parents were school teachers. After completion of school, he completed engineering and started doing IT jobs abroad. It is not that he always used to stick to books. Ramachandran was also proficient in sports and has played six different types of sports at the university level including football, cricket and badminton.

    During the IT job, he helped one of his friends on vacation to crack the CAT exam in 2003 while living in Bangalore. His friend did very well and he himself gave the CAT exam in which 100 percent percentile was achieved. Although he went abroad again for his job, but after two years came back to India and helped some other people to take the CAT exam.

    On leaving positive response, he quit IT job. He then set up an education technology firm Byju’s Classes in 2007 for CAT competitors. It was started to crack CAT exams but now it guides children of 6-12 classes in math and science as well as cracking other entrance exams.

    This startup makes friends meet place accessible, its business is growing rapidly

    Resort to animation to teach children

    In 2015, Rabindran launched the online learning app Biju, which currently has more than 6.4 crore subscribers. Within 2 months of the release of this app, it had more than 20 lakh subscribers. He has become a billionaire in just seven years. Through this app, they use animation to teach children in an entertaining way. In this app, he has used cartoon characters.

    4 Tribal Women Fail MBA, a company with turnover of crores of its own

    2. Vijay Shekhar Verma, Paytm

     

    In view of any problem happening with ourselves, big business can be set up with a plan to get other people out of the same problem. We all have two-fours due to the problem of retail money, Vijay Shekhar Verma, due to the same problem, when he started having problems with retail money while coming to office, he thought of creating an app that could solve this problem. They created Paytm and today it has become a major medium of online payment. According to Vijay Shekhar Verma, he never used to have enough food and today his net worth is more than 16780 crores. He has been ranked 62 in the Forbes rich list of Indians.

    Vijay Shekhar Verma, who belongs to a lower-middle-class family in Aligarh, Uttar Pradesh, was educated in government Hindi schools. After this, he did engineering from Delhi University. During engineering, he had a lot of problems in English, so he learned to speak English fluently with the help of English books and friends. After engineering, Vijay started working but he did not seem to mind.

    Story of a boy from Bihar who started an empire of 400 crores starting from 10 rupees

    At the same time, looking at the problem of retail money, he thought of creating an app that could solve this problem. In 2005, he founded the company One97 Communications Ltd., which reported the news, cricket scores, ringtones, jokes and exam results on mobile. After this, he started One97 Communications Ltd. Under opened Paytm website and launched an online mobile recharge facility. If Paytm business grew, they added online wallet, bill payment, money transfer and online shopping features. Today Paytm has become the largest mobile payment and e-commerce platform in the country.

    3. Nitin Kamath- Nikhil Kamath, Paytm

    Nitin Kamath- Nikhil Kamath, Zerodha

    Nitin Kamath and Nikhil Kamath came up with an idea to completely change the Indian broking industry in 20120 and became so successful that today the company they founded has become the largest stock brokerage company in the country in terms of Zerodha Trade Vol. Nitin Kamath and Nikhil Kamath have been ranked 90th in Forbes’ list of 100 rich Indians this time. According to Forbes, his net worth is Rs 11310 crore. According to the information given on Forbes, Jerodha has three million users and is now one of the largest retail brokers in the country. The concept of Zerodha’s zero brokerage attracted people to its platform.

    Forbes: India’s richest women, wealth rises 93% in 1 year

    Trading started at the age of 17

    Nitin Kamath started trading from the age of 17 and through his Kamath & Associates started trading in the business of his big businessmen and rich people. After 2009, the two brothers decided that Nikhil Kamath would continue trading and Nitin Kamath would form a brokerage firm. In this way the concept of Zerodha came out. The reasoning behind this name is that it is made up of Zero and Rodha. Jori means zero and rodha means barrier. In this way, Jerodha came out in August 2010. Together the two brothers introduced the concept of zero barrier trading to their clients and today it has become very big business.

    Meet This couple who exemplified 100% organic lifestyle by giving up urban life are examples

    Source: www.financialexpress.com

    #skill #shown #style #meet #billionaires #India #thought #created #billion #business

    biggest stock brokerage firm byju byju ramchandran forbes forbes richest indian forbes young richest nikhil kamath nitin kamath one97 communicatins paytm paytm mall vijay shekhar verma zerodha
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    Shehnaz
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    Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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