Business Ideas  

Chandresh Bayad started the tea business with a small investment of Rs 12 to 13 thousand. Only a few people knew of its existence when Starbucks sent the trademark notice. Over time his business picked up the pace and today, there are 75 outlets all over the country. An outlet has been established in Canada, and there are plans to expand to countries like the UK and Thailand.

Preeti Chandavasia loved making handmade wedding cards. She shared pictures of her handmade envelopes on social media and received a large number of orders. After working for two years on her business, Preeti ventured into event management, established her own event management company and named it ‘Srijan Creation.’

Overcoming all the obstacles at the beginning of his business, Dr Nitin Singh now works with over 1700 farmers. He produces various products from his beekeeping business and provides training to women and young individuals to become independent.

Ruma Devi had to discontinue her studies after class 8 due to extreme poverty. She continued the tradition of embroidery that she acquired from her grandmother and established her creative business. Ruma Devi has employed over 22,000 women across 75 villages. She received a special invitation from Harvard University where she engaged in discussions with around a thousand academics, students, and entrepreneurs.

Ghazal Alagh, the Co-Founder of Mamaearth, established a company with a desire to make chemical-free products available in the market. She co-founded the company with her husband in the year 2016, with an initial investment of Rs 25 lakh. The company began with just 5 products and has since expanded to over 500 products.

Mukesh Ambani is the richest person in India with his massive net worth of Rs 7,59,057 crore as of 23 October 2023. A distant relative of Mukesh Ambani, Arvind Poddar, is also counted among one of the richest businesspeople of India.

Uttar Pradesh’s Rajkumar Mishra made paddy threshing machines in efforts to make his family’s financial condition better. He was awarded with a sum of Rs 1 lakh for making these machines, by the Grass Root Startup category at Dr APJ Abdul Kalam Technical University.

Salvatore Aiello and Monica Powers built an AI company using ChatGPT and sold it for US $150,000 that is equivalent to Rs 1.2 crore. Despite having full-time jobs, the two worked together in their off-hours and built an AI company called ‘DimeADozen.’ This tool can be used to test new business ideas and assess the future performance.

Jayshree V Ullal is the CEO and President of Arista Networks. Her assets are more than the combined assets of CEOs like Sundar Pichai and Satya Nadella. Her total net worth is Rs 28,000 crore as of 12 October 2023. Forbes included her in America’s self-made top four richest women.

Sandeep Engineer is the owner of the company Astral Pipes. He had no background in business and failed in the implementation of his first two business ideas. Today, according to Forbes, he is counted among top 100 richest people from India. His company has a value of Rs 27,893 crore.

Chandresh Bayad had a difficult childhood and despite everything, he single-handedly worked towards making his life better. He received education from Cyprus and returned to India to establish his own tea business. Today, he operates 75 outlets across the country and plans to expand his business to the US, UK and Thailand.

Agra’s Mrinal Agrawal has a background in mechanical engineering. Despite receiving job offers from abroad, he decided to support local farmers through various programmes. So far, he has provided employment to many villagers through his business of selling milk products and vegetables.

Radhakishan Damani, the founder of retail company D-Mart, is the 8^th richest person in the country. He launched his business with an investment of Rs 5,000 and today his company is worth Rs 1.44 lakh crore. Rakesh Jhunjhunwala, (deceased) business tycoon, considered Radhakishan Damani as his guru in the stock market.

Neeraj Chopra was operating his family business in Hong Kong since he was 18. Due to some circumstances, he returned to India in 2012. Neeraj launched a new business in India. He began importing power banks and distributing them nationwide. He worked on a new idea and started repairing and selling old mobile phones. He sold around 100 mobiles in the first month and gradually the sales increased to 20 to 25 thousand mobiles each month. Neeraj Chopra’s company is now valued at more than Rs 50 crore.

Tanu Jain is an IAS officer from 2014 batch. She completed her schooling from Cambridge School, Srinivaspuri, Delhi. Tanu pursued a BDS degree from Subharti University, Meerut. She received immense support from IAS Vatsalya Pandit and cleared the UPSC 2014 exams by securing 648^th rank. Tanu Jain established a coaching centre named ‘Tathastu IAS.’ She makes short videos and reels and shares study tips with UPSC aspirants.