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.
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.
| China and Europe risk trade war | ||
| Farewell 3% mortgage rates | ||
| Japanese stocks fall into bear market | ||
| North Dakota grows five times faster than nation | ||
| Taxpayers to make $1 billion from GM stock sale |
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