In recent years, there has been a surge in the number of unicorn startups in India. These are startups that have achieved a valuation of over $1 billion. And while many of these unicorns have been founded by IIT graduates, there is a growing number of successful startups being founded by non-IIT graduates.
There are a number of reasons for this trend. First, the Indian education system is becoming increasingly diverse. More and more students are attending non-IIT colleges, and these students are just as bright and capable as their IIT counterparts. Second, the Indian startup ecosystem is becoming more supportive of non-IIT graduates. There are a number of incubators and accelerators that are specifically designed to help non-IIT entrepreneurs get their startups off the ground.
As a result of these factors, we are seeing a growing number of successful startups being founded by non-IIT graduates. Some of the most notable examples include:
- Byju’s: This online education company was founded by Byju Raveendran, who did not attend an IIT. Byju’s is now valued at over $20 billion.
- OYO Rooms: This hotel aggregator was founded by Ritesh Agarwal, who also did not attend an IIT. OYO Rooms is now valued at over $10 billion.
- Swiggy: This food delivery company was founded by Nandan Reddy and Rahul Jatia, who both attended non-IIT colleges. Swiggy is now valued at over $5 billion.
These are just a few examples of the many successful startups that have been founded by non-IIT graduates. The rise of these entrepreneurs is a testament to the fact that you don’t need to have an IIT degree to be successful in business. With hard work, dedication, and a great idea, anyone can achieve their entrepreneurial dreams.
In addition to the startups mentioned above, there are many other non-IIT graduates who are making a significant impact on the Indian economy. These entrepreneurs are creating jobs, driving innovation, and helping to make India a global economic powerhouse. They are an inspiration to aspiring entrepreneurs all over India, and they show that it is possible to achieve great things no matter where you come from.
