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Successful Entrepreneurs who started out in the Indian stock market

Many successful entrepreneurs have emerged from the stock market and finance industry, starting out as employees and eventually branching out on their own. In this guide, we will explore the inspiring stories of a few such entrepreneurs who have made a mark in the Indian stock market industry through their vision, hard work, and dedication. By the end of this, you will also come across an incredible opportunity to follow their steps.

Rakesh Jhunjhunwala

Rakesh Jhunjhunwala, also known as the “Big Bull” of the Indian stock market, was a self-made billionaire investor and trader. Born in Mumbai in 1960, Jhunjhunwala started his career as a financial analyst in the early 1980s and gained his initial market knowledge by working for his family’s stockbroking firm.

He began his own trading activities in the early 1990s and quickly made a name for himself with his astute investments in various stocks. Jhunjhunwala’s investment philosophy revolved around buying quality stocks with a long-term perspective and holding onto them despite short-term volatility.

Over the years, he made some impressive bets, including his investment in Titan Company, which has grown over 100 times in value since he first invested in it. He is also known for his investments in other top companies such as Lupin, Crisil, and Karur Vysya Bank, among others.

Today, Jhunjhunwala is a renowned figure in the Indian stock market, and his success story continues to inspire many aspiring traders and investors even after his demise in 2022. He was also a vocal advocate of the importance of discipline, hard work, and patience in the world of investing.

Raamdeo Agrawal

Raamdeo Agrawal is a well-known name in the Indian stock market and is the co-founder of Motilal Oswal Financial Services. He is a value investor who believes in investing in quality stocks for the long term.

Agrawal started his career as a sub-broker in the Bombay Stock Exchange and went on to establish his own stockbroking firm in partnership with Motilal Oswal in 1987. He has also authored the book, “The Art of Wealth Creation,” which shares his investment philosophy and insights on the stock market.

Over the years, Agrawal has made some notable investments, including his investments in HDFC Bank and Asian Paints, which have given substantial returns. He is also known for his disciplined and patient approach to investing, and his advice and opinions are highly regarded in the Indian stock market.

Radhakishan Damani

Radhakishan Damani is a well-known Indian entrepreneur and investor, who is the founder of the retail chain D-Mart. He started his career as a stockbroker in the Bombay Stock Exchange and went on to become one of the most successful investors in India.

Damani is known for his low-key profile and disciplined investment approach. He has made significant investments in blue-chip companies, such as HDFC Bank and Asian Paints, which have delivered substantial returns.

In addition to his success in the stock market, Damani is also known for his business acumen and entrepreneurial skills. He founded D-Mart, which is now one of the largest retail chains in India. Under his leadership, D-Mart has grown to become a household name, with a reputation for offering quality products at affordable prices.

Damani’s inspiring success story serves as a testament to the power of hard work, perseverance, and a disciplined approach to investing and business.

Ramesh Damani

Ramesh Damani is a well-known Indian investor and stock market expert who is also known as the “Wizards of Dalal Street”. He started his career as a chartered accountant but later moved to the stock market industry. He worked as a broker and trader for several years before he started investing in the stock market.

Damani is known for his investment philosophy of investing in quality companies with a long-term outlook. He is a strong believer in the Indian economy and has been actively promoting the Indian stock market to investors both within India and abroad.

In addition to his successful career in the stock market, Damani is also a regular commentator on business news channels and is highly respected in the industry. His inspiring story of starting from scratch and becoming one of the most successful investors in India is an inspiration to many aspiring investors and entrepreneurs.

Vallabh Bhanshali

Vallabh Bhanshali is a renowned Indian entrepreneur and investor who has made significant contributions to the Indian financial sector. He co-founded Enam Securities in 1984, which went on to become one of the leading investment banking firms in India.

Bhanshali is also the co-founder of the National Stock Exchange of India and played a pivotal role in its establishment. He has served on the boards of several prominent companies in India and has been a mentor to many young entrepreneurs in the country.

Bhanshali is known for his astute business acumen and his contribution to the development of the Indian financial industry is widely acknowledged.

Ashish Dhawan

Ashish Dhawan is an Indian entrepreneur and philanthropist who is known for his contributions to the education sector in India. He started his career with investment firm ChrysCapital, where he served as a managing director. Later, he founded the private equity firm Central Square Foundation, which is focused on improving the quality of education in India.

In addition to this, Dhawan is also the founder of Ashoka University, a leading liberal arts and sciences university in India. He has also been actively involved in philanthropy through his organization, the Ashish Dhawan Foundation.

Dhawan is known for his vision, dedication, and entrepreneurial spirit, and his contributions to the field of education have earned him widespread recognition and respect in India.

Uday Kotak

Uday Kotak is a renowned Indian entrepreneur and banker, who is widely recognized for his contributions to the Indian financial sector. He is the founder and CEO of Kotak Mahindra Bank, one of India’s leading private sector banks.

Kotak started his career with a small trading firm and later founded his own brokerage firm, which he gradually transformed into Kotak Mahindra Bank. Under his leadership, the bank has become a leading financial services provider in India, offering a wide range of services including banking, insurance, asset management, and more.

Kotak is known for his astute business acumen, innovative thinking, and strategic vision, which have enabled him to steer his company through various challenges and emerge as a market leader.

He has been recognized with several awards and accolades for his contributions to the Indian financial sector, including the Ernst & Young World Entrepreneur of the Year award in 2014.

Porinju Veliyath

Porinju Veliyath is a successful Indian entrepreneur who began his career in the stock market industry as a sub-broker in 1990. In 1994, he started his own venture Equity Intelligence India Pvt Ltd, which is an investment advisory firm that provides equity portfolio management services to high net worth individuals and corporate clients. Porinju Veliyath is known for his value investing approach and his ability to identify undervalued stocks. He has made several successful investments in small and mid-cap companies, which have yielded significant returns for his clients.

Porinju Veliyath is also a frequent commentator on financial markets and is known for his outspoken views on various economic and political issues. He has authored several articles on investing and is a regular contributor to various financial publications.

Dinesh Thakkar

Dinesh Thakkar is a well-known entrepreneur and investor in India. He is the founder and chairman of Angel Broking, one of India’s leading stockbroking firms. Thakkar started his career in the financial industry in 1987 as a sub-broker and worked his way up the ladder to become a successful entrepreneur. He started Angel Broking in 1997 with the vision of making investing accessible to everyone.

Under his leadership, Angel Broking has grown into a prominent player in the Indian financial services industry, offering a wide range of services, including equity and commodity trading, investment advisory, and wealth management. Thakkar is known for his astute investment strategies and business acumen, which have helped him build a successful business. He is also actively involved in philanthropic activities and supports various social causes.

What can you learn from it? 

Inspired by any of the above figures? All of these aforementioned people used their knowledge, skills, and the power of the stock market to bring a change in the lives of money. Most of them started out with brokerage firms or as sub-brokers, and it is undoubtedly a great place to start. Additionally, if you already work in the stock market industry and want to transition to the entrepreneurial journey, it is the right time to start.

If you aspire to learn more about the stock market and follow their steps to a successful career, start now as a sub-broker with one of the top brokerage firms in India.

Follow this link to tell us a bit about yourself, and we’ll reach out to you with an opportunity you cannot resist.

Conclusion

The stock market industry has provided ample opportunities for individuals to start their own entrepreneurial journey after gaining experience as employees. These entrepreneurs have not only created wealth for themselves but have also contributed to the growth of the Indian economy through their businesses. Their stories serve as an inspiration to aspiring entrepreneurs in the stock market industry and beyond.

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