Siddhant Bansal , CEO & Founder, Griphic
In today’s rapidly shifting business environment, startups have emerged as powerful catalysts, transforming industries, redefining the way we work, and ushering in a bold era of innovation. Among the most successful and influential entrepreneurs are those who have combined deep technical knowledge with an unparalleled sense of design and user experience. At the heart of this transformation is the legacy of India's prestigious Indian Institutes of Technology (IIT), a breeding ground for some of the brightest minds who are not just creating products but are crafting the future. Siddhant Bansal, Founder and CEO of Griphic, perfectly exemplifies the fusion of technology and design. An IIT Delhi graduate, Siddhant’s journey is a testament to the unique approach that IITians bring to the startup world, where deep technical acumen meets a keen understanding of user-centered design. His dedication to innovation was recognized when he was awarded the prestigious Young Business Leader of the Year title.
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Top 10 IITians Leading Successful Startups - 2025
IITians have been catalysts in the evolution of India's start-up ecosystem, applying their technical expertise and innovative mindset to launch groundbreaking ventures. These start ups are not limited to a particular sector, as they span a variety of businesses (i.e. fintech, edtech, healthtech, agritech, and AI-based platforms), and each offers services that are world-class and unparalleled. By leveraging technologies such as machine learning, blockchain, and IoT, they are enhancing their customer-facing experience and reconfiguring and automating systems with complex functionalities.
"IITians have become the architects of India’s new economy, designing startups that drive growth and global impact"
Numerous of these initiatives tackle fundamental challenges - ranging from financial inclusion and remote education to sustainable agriculture and diagnostics. Their market reach is growing rapidly, with several attaining unicorn status or securing global investment, signalling market fit and investor confidence. These startups are disrupting traditional models and, in many instances, establishing new norms about service delivery, scale, and customer-driven innovation. The mode of growth of the business relies upon agile product development, data-driven and data-informed strategies, and a focus on unserved markets, thus enabling them to contribute to national economies through jobs, productivity and export of digital services. By succeeding, these stories are encouraging a new generation of entrepreneurs and fostering a vibrant startup culture in every corner of the country.
In addition, these startups are at the cutting edge of future tech- creating solutions in clean energy, space tech, quantum computing, and biotech. The research and development capabilities of these initiatives will propel India to a global leader in tech innovation. As these startups develop, they will likely trigger vast changes in the tech landscape globally, which will continue to establish India as a digital powerhouse and innovation destination. The rising tide of IITian-led startups will create a transformational impact throughout business, society, and the economy.
CEO Insights in this issue presents a list of ‘Top 10 IITians Leading Successful Startups - 2025', who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.
Company Logo | Company Management | Company Name | Company Description |
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Akash Sharma, Co-Founder | Farmley | He focuses on empowering farmers, reducing middlemen, and delivering fresh, nutritious food to modern Indian households by creating a transparent and traceable platform that connects farmers with end consumers |
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Akshay Singhal, Founder & CEO | Log 9 Materials | He is passionate about harnessing science to address sustainability challenges, leading the company to build scalable innovations like graphene-based energy storage systems and clean fuel devices |
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Amrit Acharya, Co-Founder & CEO | Zetwerk | He is known for his focus on operational excellence, innovation in supply chain management, and commitment to building a future-ready manufacturing ecosystem that bridges the gap between demand and supply |
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Angad K, Founder & Managing Director | CityMall | With a background in engineering and business, he has been instrumental in building a community-driven model that empowers local entrepreneurs to sell everyday products through WhatsApp and other social platforms |
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Aniketh More , Founder & Managing Director | A3T Technologies | With an R&D background, he built the company to develop the Indian automotive market and ensure sustainable design by reducing redundant work and minimizing resource consumption |
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Mukul Rustagi,Co-Founder | Classplus | With a background in finance and technology, he has played a key role in transforming the traditional tutoring ecosystem in India by providing mobile-first, white-labeled solutions for teachers |
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Nikhil Goel, Co-Founder & CEO | SalaryBox | He has held key roles at leading tech and fintech companies, and under his leadership, the company has grown rapidly, aiming to bridge the digital gap in workforce management for millions of small enterprises |
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Ramendra Mandal , Founding Member | Ciphercode | He gained hands-on expertise in manufacturing operations before successfully scaling B2B enterprise software businesses in leadership roles and later pivoting into the dynamic world of start-ups |
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Sambhav Jain, Co-Founder | Fam | He introduced innovative products like prepaid cards and app-based wallets tailored for minors, allowing them to make online and offline purchases without relying on their parents’ bank accounts or OTPs |
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Siddhant Bansal , Founder & CEO | Griphic | He is dedicated to creating innovative solutions that improve hiring processes and enhance business efficiency through smart and user centered tools |
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