Breaking the Mold: Innovative Startups by Non-IIT Graduates
Breaking the Mold: Innovative Startups by Non-IIT Graduates
In India’s rapidly evolving startup landscape, the narrative often centers around graduates from elite institutions like IIT and IIM. However, a new wave of entrepreneurs is challenging this stereotype, proving that innovation and success can emerge from non-IIT backgrounds.
Vijay Shekhar Sharma, the dynamic founder of Paytm, exemplifies this shift. Armed with a degree from Delhi College of Engineering, Sharma embarked on his entrepreneurial journey fueled by a vision to simplify digital payments. His tenacity and innovative approach transformed Paytm into a household name, revolutionizing how millions transact online.
Similarly, Ritesh Agarwal, the brains behind OYO Rooms, started his entrepreneurial journey at just 17. Dropping out of the Indian School of Business and Finance in Delhi, Agarwal faced numerous challenges in the hospitality industry. Yet, his relentless spirit and keen understanding of market needs led OYO to become one of the world’s largest hotel chains, highlighting that determination often trumps formal education.
Kunal Shah, who founded Freecharge, is another testament to this narrative. Although he earned his Bachelor of Arts from Wilson College and attended Narsee Monjee Institute of Management Studies for his MBA, Shah did not complete his degree. His unique vision for streamlining digital payments through Freecharge caught the attention of millions and eventually led to its acquisition by Snapdeal.
Shashank ND, co-founder of Practo, also defied conventional expectations. Graduating from the National Institute of Technology, Surathkal, ND sought to revolutionize healthcare access through technology. Practo’s innovative platform connects patients with healthcare providers, illustrating that impactful solutions can arise from diverse educational backgrounds.
Byju Raveendran, founder of BYJU’s, further reinforces this narrative. Completing his engineering studies without the aid of an IIT or IIM pedigree, Raveendran turned his passion for teaching into a global edtech powerhouse. BYJU’s has transformed how students learn, proving that creativity and insight can thrive outside traditional paths.
