Generally, people believe that excellent academic records are the only way to get rich and successful and a general perception has developed that students who don’t have good academic records or don’t pass out from big institutions cannot become successful in life but in this topic, I will burst all these myths and give you 7 real-life examples who could not even graduate college but in present, they are the boss of many graduates and became successful business tycoons.
So we decided to find out the list of college dropouts who became successful Entrepreneurs in India and what makes them stand out from the crowd.
College Dropouts Becoming Successful Entrepreneurs in India
Everyone knows this guy because most probably you heard the name of OYO which is the second largest chain of hotels. Ritesh came with the idea that he should use those small hotels and lodges which are running under loss and he sums up all those small hotels and rooms under one name OYO. After some specifications and interior designing, OYO hotels became worldwide popular because of their easy availability and cheap price. Now Ritesh Agarwal has a net worth of over 1.8 billion USD. He is the youngest successful entrepreneurs in India and become the second-youngest billionaire at the age of just 22.
Rahul Yadav is co-founder of housing.com. He dropout in his 4th year of college (IIT Bombay). He is a very determined person and that’s why he did not lose his focus and kept marching towards his goal. He made a real estate website that allows people to search property, flats, houses, and shops, etc according to their budgets without wandering anywhere.
He is also one of those young guns who dropped out from studies but built a successful Startup. He is the founder of Freecharge, an online platform for recharge system, well he did B.A in Philosophy from Wilson College and then he moved to Narsee Monjee Institute of Management but dropout from there after some time. Kunal Shah is also the founder of CRED startup which is now counted among unicorn startups and has over 2 Billion USD valuation. If You are searching for top startups in India then we recommend you have a look at TOp 20 growing startups in India.
He is the CEO and co-founder of fusioncharts and Razor flow. The company is working on data visualization products and provide services. Because of the rapid success of the company, it also featured in NASSCOM EMERGE 50 leaders in 2009. Pallav Nadhani is a dropout student of Calcutta university but this setback did not stop him from achieving his goals and dreams. We all should have mentality and determination like him.
Azhar Iqubal is a dropout student of IIT Delhi. He came up with a unique idea and made an app named In shorts. This app generally targets those who don’t have enough time to read the entire newspaper and just want to get quick insight. This app provides much important news in under one minute with only important facts and data which significantly limit the words and saves the time of reader. Recently he received funding of 25 crores because of the potential of his app.
Deepak Ravindran is drop out from LBS college of engineering. He is not the kind of person who could be bound by bookish language and made for a desk job. In 2011, he founded SMS Gyan, an SMS-based system. He also founders Innoz with his friends which is one of the top wireless communication platforms.
He is also a founder of startups like Look Up and Pirate Fund. He also featured MIT Technology Review’s Innovators under 35. In his many interviews, he clearly said that he always wanted to be an entrepreneur and never liked bookish knowledge. He also said in his interviews and speeches that he always attracted to technology. Students who also want to become tech- entrepreneurs should read about his story, his success, and his failures.
Radha Krishna Damani
Last but not the least, Radha Krishna Damani is the 4th richest person in India. Well, you guys definitely thinking that why we have not mentioned him in the first place but the truth is that last will always come with a surprise. He is the owner of one of the largest shopping chain of malls – D Mart.
He started his career as a stockbroker and in the stock market, he also earned huge name and fame, and then he decided to make his own brand. If you want to make a career in the stock market and have no knowledge of how to start then this article will surely help you The ultimate guide for beginners in Stock Market Trading.
R.K Damini is a wise and intelligent man and that’s why he built an empire but he did not do that good in academics and dropped out from Mumbai university when he was pursuing B.com. He made huge profits from the stock market because of his quick-wittedness and knowledge and sometime later he started consumer retailed business with one store in 2002 and now D-Mart has over 176 stores across India with a revenue of over 19000 crores in 2019. He is truly an inspiration for us.