Forbes magazine Nov. 14 revealed its 2018 "30 Under 30" list with Indian Americans extremely prevalent, representing dozens of selections in various categories.
The seventh annual list features a total of 600 young innovators, entrepreneurs and leaders across 20 industries, all of whom are challenging the conventional wisdom and rewriting the rules for the next generation, the publication said in unveiling the list.
Nineteen percent of 30 under 30 list members are immigrants, originating from more than 50 different countries. Thirty-eight percent of these list members live and work on the East Coast and 35 percent on the West Coast, it said.
“For the past seven years, the Forbes 30 Under 30 list has emerged as the way that the world discovers the next generation of entrepreneurs and game-changers,” said Randall Lane, editor of Forbes Magazine and creator of the Forbes Under 30 franchise. “This is the ultimate club: the people that will reinvent every field over the next century."
A total of 50 Indian Americans were chosen in 16 categories.
In the consumer technology industry, among those selected included Shruti Merchant, Sneha Keshwani, Sundeep Kumar, Abhishek Chandra and Arun Saigal.
Merchant co-founded HubHaus with Kerry Jones in 2016 to make it easy for professionals to find community in shared housing. The company gained from Merchant's experience after she dropped out of medical school: she moved to Silicon Valley to found her first startup and struggled to find affordable housing.
Kumar co-founded LoftSmart with Sam Bernstein. Their company connects student renters to apartment buildings looking to fill leases. The company has processed millions in lease transactions and raised $5 million from investors.
Chandra co-founded Spring Health with April Koh and Adam Chekroud at Yale University. Spring Health offers a mental health tool for large employers that screens employees for mental illness, develops personalized, data-driven treatment plans. The company has raised about $2 million in venture funding.
Along with co-founder WeiHua Li, Saigal decided to spin-out MIT's App Inventor tool, the drag-and-drop service for building your own app, which had already reached 4.3 million registered users who made more than 13 million apps.
Keshwani learned to code at age 16 and now runs global mobile growth and engagement for LinkedIn, leading projects across India, Germany, China and the U.S. Keshwani is also responsible for securing large partnerships with OEMs and carriers such as Samsung, LG, Sony and Verizon, with goals to bring the LinkedIn app to more than 400 million professionals worldwide by 2019.
Shawn Nagpal was the lone person named in the Food and Drink industry. Nagpal’s eponymous restaurant group owns and operates Coriander Modern Indian, which has two locations in New York’s Westchester County. But the 29-year-old founder says some of the most meaningful work he does happens outside the walls of his restaurants: he teaches a cooking class for the immigrant children in his community and says that he hopes his business serves as a beacon of hope for anyone who feels like they don’t have a chance at one day finding success.
Within the Retail and Commerce industry were Meghana Dhar, Rithvik Venna, Akash Shah, Seema Bansal and Sunny Chadha.
Dhar, an eBay alum, is responsible for opening 700 stores for B8ta by 2018. The company launches brick and mortar stores for trendy tech products and provides them with customer engagement and interaction data.
Venna is a co-founder of OROS with Michael Markesbery. The two have patented Solarcore technology with the aim of disrupting the outdoor apparel market and making older technologies obsolete.
Shah is the co-founder of Care/of, a direct-to-consumer ecommerce brand that delivers personalized vitamin packs to consumers via a monthly subscription. Care/of has raised $15 million to date, including a $12 million Series A in 2017, and is doubling revenues every two months.
Bansal and Chadha co-founded Venus ET Fleur. The duo have developed technology to ensure that roses last a full year in full bloom without water. The likes of reality TV stars Khloe and Kourtney Kardashian have taken note of them, Forbes said. The company is profitable, and revenue, estimated at $7.5 million, has grown 226 percent in the past year, it said.
Enterprise Technology was represented by the largest contingent of individuals with Kumesh Aroomoogan, Anshul Vikram Pandey, Saurabh Ladha, Shahed Khan, Vinay Hiremath, Sameep Tandon and Joel Pazhayampallil recognized.
Along with Will Wei Song, Pazhayampallil and Tandon co-founded Drive.ai. With $77 million in funding, this group of former members of the Stanford University Artificial Intelligence Lab is building autonomous car tech primarily based on deep learning, Forbes said. Drive.ai is one of the first companies to deploy self-driving cars on the public roads in California, it added.
Aroomoogan and Pandey co-founded Accern Corporation, a real-time web surveillance platform that monitors 300 million websites, alerting investors on actionable stories about U.S. public companies, Forbes noted. The company is anticipating a $100 million valuation in 2018 Q1, it said.
Ladha is the chief executive officer of Doxel, Inc, which monitors construction sites using autonomous robots, quantifies progress using deep learning-based computer vision, and provides managers with actionable insights to eliminate overruns and costly delays.
Khan and Hiremath, with Joe Thomas, co-founded Loom, a video communication platform that enables teams to quickly record, edit and share complex information. Loom is already used by more than 250,000 employees at companies like Airbnb, and Dropbox. The company has raised $3.7 million in funding.
Among the Hollywood & Entertainment honorees included Sono Patel. A writer and co-producer on the Emmy-winning "Crazy Ex-Girlfriend," this New York native got her start with web series "Ginger Snaps," about a group of ambitious girl scouts. Patel's forthcoming projects include a Pop TV series co-created with Aline Brosh McKenna and a movie musical she is writing for DreamWorks Animation, Forbes said.
Fatema Basrai, Vinay Bhaskara, Arjun Singh and Shiv Gaglani were among the Education industry honorees.
As a first-generation college student from rural Texas, Basrai spent her first years at the University of Texas at Austin trying to catch up with her peers who had taken AP classes or received guidance counselling. After a stint in Teach for America, she's now the executive director of LSAISD, a free San Antonio leadership development program open to people who want to advocate for public education and go on to serve on school boards, captain nonprofits and more.
Bhaskara co-founded CollegeVine with Zack Perkins and Johan Zhang. The freemium content hub is making high school guidance counseling more efficient and ubiquitous, Forbes said.
Gaglani co-founded the health and medical education company Osmosis, which produces videos on topics ranging from aneurysms to Zika. They have been viewed more than 25 million time since January 2016 in over 200 countries. Osmosis also offers a personalized platform for those training to be health professional.
Singh co-founded and co-developed Gradescope, an app that grades exams and provides teachers and students with instant feedback. Some 10,000 instructors and 300,000 students at 450 schools worldwide, including MIT and Imperial College London, have used Gradescope to pore over 25 million pages of work, Forbes said.
Trit Garg, Manik Bhat, Siddarth Satish, Akshaya Shanmugam and Sourav Sinha were named in the Healthcare industry.
Satish founded Gauss Surgical. Driving the company's growth is the app Satish developed to monitor blood loss in the OR. The company has raised $24.6 million.
Along with cofounders Eric Conner, Dan Levenson and Alex Villa, Bhat created Healthify to connect Medicaid recipients in the U.S. to social services. About 4 million people have benefited from Healthify and the company has raised $9.6 million to date.
Shanmugam is the co-founder of Lumme where she developed software for smokers who want to quit. Lumme has raised $1.7 million in non-dilutive funding, Forbes said.
Sinha co-founded Oncolinx, which is testing antibodies aimed at activating the immune system. Clinical trials are set to begin in 2018.
Garg has published 15 peer-reviewed articles, and put his knowledge into practice, improving clinical efficiency in a Stanford pilot program and lobbying for tighter restrictions on CT scans to save millions of dollars.
Among the Finance industry honorees included Sunil Abraham, Lalit Gurnani and Amol Jain.
Abraham is a quantitative researcher at Two Sigma Investments. He is working on alpha strategies and portfolio construction at the $50 billion quantitative hedge fund firm.
Gurnani is a banker in Goldman's technology, media and telecom group. He helped lead initial public offerings of Twilio and Redfin, advised Planet on its acquisition of Google's satellite business, and advised on an Uber fundraising. He was previously chief of staff to former Goldman president Gary Cohn.
Jain is a long-short equity investor at billionaire Stanley Druckenmiller's Duquesne family office. He was a credit analyst at hedge fund Eton Park and did a two-year rotation in Goldman's financial institutions group.
In the Law and Policy industry, Jeet Guram, Aditi Juneja and Rohan Pavuluri were among those chosen.
Guram is the senior adviser to the administrator of the Centers for Medicare and Medicaid Services. He was previously an associate at McKinsey & Co. Guram earned an M.D. at Harvard Medical School.
Juneja is a New York State Excelsior Service Fellow at New York State Homes and Community Renewal. Following the 2016 election, she co-founded the Resistance Manual, an open-source platform that has crowdsourced thousands of pieces of content on legislative and policy issues at the national, state and local levels.
Pavuluri, who is also among the youngest individuals on the Forbes list, co-founded Upsolve to give low-income Americans the means to get a fresh start through bankruptcy without having to hire a lawyer. Together with lawyer Jonathan Petts and programmer Kevin Moore, the Harvard student built an online tool that eases users through the process of inputting the financial information necessary to create a bankruptcy filing, Forbes said.
Karthik Tiwari is the lone person within the Manufacturing and Industry category. Tiwari, along with Stefan Seltz-Axmacher, co-founded Starsky Robotics. Tiwari is the CTO of the company, which is working on robots that are integrated with cameras and radar systems for long-haul driverless trucks. The company, which went through Y Combinator in 2016, has raised $5.1 million.
Rupi Kaur was named in the Media industry on Forbes' list. The author, who originally published her poems on Instagram, has transcended the digital world, Forbes said. Her 2014 book, "Milk and Honey," has sold over 2.5 million copies in 25 languages and spent 77 weeks on the New York Times Best-Seller List. Her latest book, "Sun and Her Flowers," reached the top three on Amazon's bestseller list, according to the publication.
Prateek Joshi, Saheb Sabharwal and Tirthak Saha were named in the Energy industry.
Joshi is an Artificial Intelligence researcher, a published author of 8 books and a TEDx speaker. He is the founder of Pluto AI, a startup that has built an intelligence platform for water facilities to reduce energy consumption, predict asset performance, and minimize operating costs. Pluto AI raised $2.1 million in seed funding.
Sabharwal is a vice president at CSL Capital, which has raised $1.4 billion for private equity investments in oil service companies since 2008. In his first year at CSL, he led $20 million of investments by launching two start-ups and making other strategic investments.
Saha is a grid modernization engineer at American Electric Power. One of his proposals won AEP's Spark Tank Innovation Challenge and is now underway. The $1 billion investment will improve energy delivery across nine states.
Dinesh Bharadia, Deep Jariwala, Karthish Manthiram, Prineha Narang and Ritu Raman were among those chosen in the Science industry by Forbes.
Bharadia, an assistant professor at U.C. San Diego, has proved that the assumption that it was impossible for a radio to transmit and receive at the same time at the same frequency was wrong by building a radio that did just that.
Jariwala, an assistant professor at the University of Pennsylvania, develops nanometer and atomic scale devices with applications in computing, sensors and renewable energy. His materials research made it possible to build solar cells with thicknesses smaller than a thousandth of a human hair, Forbes said.
An assistant professor at MIT, Manthiram's research is focused on providing farmers with fertilizer by manufacturing it out of thin air 'literally' by using air, water and solar power, Forbes said. Manthiram is also working to mitigate climate change by turning carbon dioxide into fuel and creating polymers that can capture carbon dioxide from the atmosphere.
Narang, an assistant professor at Harvard University, quantum-engineered materials created by atom-by-atom engineering to enable highly energy efficient devices. This has applications from consumer electronics to space-systems and satellites.
Raman, a postdoctoral fellow at MIT, focuses her research on understanding the dynamic interactions between biological and synthetic materials and developing bio-hybrid systems to tackle different applications. To that end, she's applied new materials and technologies, like using 3D bio-printers, to build muscle-powered robots.
Arpit Dhupar and Kushagra Srivastava were named in the Social Entrepreneurs industry. The two created Chakr Innovation, which has the first system to capture harmful emissions from diesel generators.
Preetam Sen was named in the Sports industry. Sen, a City Football Group director, grows Manchester City and City Football Group's commercial portfolio for the North and South American regions. He closed a U.S. regional partnership for Manchester City FC with Carlsberg and a partnership with AT&T for NYCFC.
Vipin Chamakkala, Vivek Ladsariya and Santosh Sankar were named among the Venture Capitalist industry honorees.
Chamakkala joined Work-Bench, a New York-based venture capital fund focusing on enterprise startups, as a principal in 2014. He sourced CoreOS, Semmle and Algorithmia and previously worked for seven years as a technology analyst at Merrill Lynch.
Ladsariya, a partner at Sinewave Ventures, is a two-time founder turned venture capitalist. He spent just over three years at Fenox Venture Capital before joining SineWave Ventures in June 2017. He’s backed more than 30 companies, predominantly focused on enterprise tech.
Sankar co-founded the Chattanooga-based venture capital firm Dynamo in December 2015 with Ted Alling, Barry Large and Allan Davis. So far, the company has remained focused on startups in the logistics technology space.
Also included on the list were Anna Khan, Khizer Hayat, Fatimah Asghar and Abbas Haider of Pakistani origin, as well as Bangladeshi Fahmi Quadir.
No Indian Americans were represented in the Art & Style, Games, Marketing and Advertising, and Music industries.