Top MBAs As Entrepreneurs in India
By Surabhi Chourasia
‘The placement reports of Top B-schools and IIMs every year are showing a great sign for the future as several young minds are rejecting lucrative job offers from MNCs and are focusing on fulfilling their dream.’
We are more interested in buying a house instead of investing in a startup. Let’s admit Indian society and family units mold you from the start to work for others. To work for either a government organization or a private company. Very rarely you will find a change in this generational thought process in an Indian family except the famous entrepreneur clan of marwaris’ or Punjabis’ who have been doing business for decades.
But, slowly and steadily, this Entrepreneurship is becoming a buzz word. The placement reports of Top B-schools and IIMs every year are showing a great sign for the future as several young minds are rejecting lucrative job offers from MNCs and are focusing on fulfilling their dream. They don’t want to work for anybody. They want to serve the society, bring a change and yes of course be the owner and earn big bucks.
MBA has grown as an education option in India for many years now. Worthy, MBA is important as it gives you an extra edge over others. If you plan to start a business, then having proper education, knowledge and foundation for it will benefit you in more ways than you can think of.
Meanwhile, here are some Indian Startup founders, who are MBAs.
Richa Kar MBA
Founder and CEO of Zivame,
Richa has completed her Bachelors in Engineering from Birla Institute of Technology and Science, Pilani. Then she chose to do an MBA from Narsee Monjee Institute of Management Studies. She has worked for brands like SAP and Spencers, before starting Zivame.
Pranay Chulet MBA
Founder and CEO, Quikr
Armed with an IIT and IIM Degree, Pranay Chulet is dominating the Local Commerce in India with his venture Quikr. He is a co-founder and the CEO of Quikr, India's largest online and mobile classifieds portal.
Paranay Chulet attended the Kendriya Vidyalaya in Dariba, Rajasthan. He holds an undergraduate degree in chemical engineering from Indian Institute of Technology Delhi and an MBA from Indian Institute of Management Calcutta. After graduating from IIM Calcutta, Chulet joined Procter & Gamble in a brand management position. He left P&G in 1997 to join Mitchell Madison Group as a management consultant. He later worked in a variety of roles in Walker Digital, Pricewaterhouse Coopers and Booz Allen Hamilton.
Chulet started his first entrepreneurial venture, Excellere, in 2007. In 2008, he founded Kijiji India, which was later rebranded as Quikr. Quikr has raised over $150 million in funding from private equity and investment firms.
Supam Maheswari MBA
Founder of First Cry,
Holding a Bachelor's degree in Mechanical Engineering from Delhi University and a Masters degree in Business Administration from IIMA, Supam founded a startup Brainvisa Technologies in 2009. It was an online learning port. He then started FirstCry, a baby products online retailer in 2010. Both his startups are quite successful.
Abhinay Choudhari MBA
Co-founder of Big Basket
Also an alumni from IIMA, Abhinay Choudhari is the co-founder of BigBasket, the largest online grocery shop of India. He has worked with Infosys, iGate and Netkraft prior to his building a startup.
Sahil Barua MBA
Founder and CEO of Delhivery,
The largest delivery company of India, Sahil Barua holds a Masters degree from IIMB. The company has investors like Times Internet Group, Nexus Venture Partners etc. The company went Global in just four years
Sanjeev Bhikchandani MBA
He is the founder and CEO of Info edge,
Which owns Naukri.com. Naukri.com is the biggest job portal in India. He did his Bachelors in Economics from St. Stephen's College, Delhi and Masters from IIMA. He worked for Horlicks before starting Info edge. He won the Ernst and Young Entrepreneur of the Year award in 2008.
Sarathbabu Elumalai, MBA
Founder, FoodKing
He is an Indian entrepreneur, social worker and politician. He is an alumnus of Indian Institute of Management Ahmedabad and Birla Institute of Technology and Science (Pilani). After completing his management education, Sarathbabu decided to become an entrepreneur with the aim of providing employment to as many people as possible. In 2006, he started his venture "Food King Catering services Private Limited" with a capital of Rs 2000 to cater to banks, software companies and educational institutions. It is now located in 6 locations around India with a turnover of 8 crore. The first unit of FoodKing was opened by Mr. Narayana Murthy, founder of Infosys.
MBA for startups can give that foundation to all founders, entrepreneurs and traditional businessmen. It brings you into the business world, helps you build your network, and learn about the unconventional, with a great career choice.
A good thing about doing an MBA is that you can do it while working. Many startup founders have done their MBA while working for some company.
Surabhi Chourasia (MBA)
Marketing Manager
AirCrews Aviation Pvt. Ltd
Top MBAs As Entrepreneurs in India
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By @Surbhi
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