40 under 40: The job creators

Organizations headed by some of these top young minds in business have grown this past year, many of them hiring at an impressive rate. Here are seven examples.

Sachin and Binny Bansal
40u40 sachin binny bansal
Age: Sachin, 31; Binny, 29
Company: Flipkart

In 2007, two young businessmen who happened to have the same last name decided to quit their respective gigs at Amazon India and set out to make their own fortune. While this may read like a typical Silicon Valley story, it's a new narrative for India's emerging class of entrepreneurs.

The Bansals started Flipkart, which originally sold books, like Amazon (AMZN, Fortune 500), but has since become the largest e-commerce site in India. Last year, Flipkart sold $100 million worth of merchandise, and the company wants to move $1 billion worth of goods by 2015. It's also growing like crazy. Last year, Flipkart hired 2,000 new employees and says it will grow fast enough to hire 5,000 more in the coming year.

  @FortuneMagazine - Last updated October 11 2012 09:26 AM ET
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Who are 2012's young business stars? We've got the CEO of a blue-chip beer brand, an airline CEO who just placed the largest order in commercial aviation history, and Warren Buffett's new prodigy, among the Silicon Valley hotshots and others.

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