News: Young entrepreneurs returning to India to set up businesses

C-Suite

Young entrepreneurs returning to India to set up businesses

According to an Economic Times report a number of technology entrepreneurs have crafted multimillion-dollar businesses within a few years of returning to India. Mostly in their early thirties, these highly-skilled professionals are building ventures that focus on the Indian market and offer a range of services from online retail to car-rental services, telephony products and refurbishment of used electronic products, the report said. Among those creating companies that cater to the rising demand from an expanding middle-class are Kunal Bahl of online marketplace Snapdeal, Hitendra Chaturvedi of electronic refurbishment venture Reverse Logistics Company and Gaurav Aggarwal of Savaari Car Rentals, the report added.

According to an Economic Times report a number of technology entrepreneurs have crafted multimillion-dollar businesses within a few years of returning to India. Mostly in their early thirties, these highly-skilled professionals are building ventures that focus on the Indian market and offer a range of services from online retail to car-rental services, telephony products and refurbishment of used electronic products, the report said. Among those creating companies that cater to the rising demand from an expanding middle-class are Kunal Bahl of online marketplace Snapdeal, Hitendra Chaturvedi of electronic refurbishment venture Reverse Logistics Company and Gaurav Aggarwal of Savaari Car Rentals, the report added.

The combination of global work experience and an understanding of the local market is driving the success of these professionals.

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Topics: C-Suite, Entrepreneurship, Leadership, #National

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