Agarwals have been known for their business minds since ages. For several years, they have been working into varied businesses like sweets, groceries, snacks, etc. Today, Agarwals are all over the place. We see Agarwals leaving their business space and working into industries like acting, sports, music, etc. However, looking at the present scenario of Indian e-commerce sector, majority of the businesses are owned by Agarwals. This article is going to talk about 5 successful and renowned Agarwal online business owners.
Source: Corporate Bytes
He is the founder and CEO of Oyo Rooms. He started his business journey at the age of 17 when he used to travel across the country and live in budget friendly accomodations. This led him to the idea of OYO Rooms. OYO Rooms which means On Your Own Rooms is India’s largest hotel network which is spread over 199 cities and headquartered at Gurugram, Haryana.
LinkedIn: Ritesh Agarwal
Bhavish is the co-founder of Ola Cabs. He began his career with Microsoft and worked there for 2 years with filed patents. He co-founded Ola Cabs along with Ankit Bhati in January 2011. In 2015, they were recognised as the youngest richest Indians. Ola Cabs is an Indian Transportation network company that offers services like peer-to-peer ridesharing, ride service hailing, taxi and food delivery. It is based in Bengaluru, India. It has expanded to a network of more than 15,00,000 drivers across 250 cities by now, as mentioned by ETCIO.
LinkedIn: Bhavish Aggarwal
Source: Business Insider India
He is the founder as well as the CEO of Zomato. Before this, he was working as a management consultant with Bain and Company, New Delhi. After looking at the increasing demand of menu cards among his colleagues, he developed an idea of online restaurant information service. He then left Bain in 2008 to start Zomato along with Pankaj Chaddah which was then called as FoodieBay. Today, Zomato is providing information, menus and user reviews of restaurants as well as food delivery options from partner restaurants in select cities. It has covered over 10000 cities and has partnered 12000+ restaurants according to Craig smith.
LinkedIn: Deepinder Goyal
Source: The Economic Times
Sachin and Binny are the co-founders of one of the most popular online shopping websites, Flipkart. They founded Flipkart in 2007 by sharing books themselves. Sachin joined Amazon first in Bengaluru and later on, Binny joined the same team. This is when the Flipkart got its roots. Flipkart is also headquartered at Bengaluru, India. Coincidentally, their last name matches but they are mere business partners. Today, both are not a part of Flipkart which has been acquired by Walmart. According to SimlarWeb, total visits on Flipkart is 352.43 M by 2019. It ranks 6th in India.
Mukesh is the co-founder and CEO of Cure Fit as well as the founder and former CEO of Myntra. Before founding Myntra, he spent 8 years in Silicon Valley as a software engineer and product manager. He returned to his native, Bengaluru which was a growing tech hub in India that is in 2006. Myntra was started as a product personalisation platform but then they moved to the fashion industry. It became a huge online fashion seller and was acquired by Flipkart in 2014 for $375. Today, Myntra has above 42.14 M Total visits as per SimilarWeb.It ranks 41 in India.
LinkedIn: Mukesh Bansal
Thus, looking at all of these ventures, it is clearly evident that business is in the genes of Agarwals and they definitely have some commendable skills to learn from especially for aspiring entrepreneurs.
Please note: This article is not to promote any type of caste related activities. This article simply talks about the entrepreneurial skills inherited by the Agarwals.