September 3, 2020: Billionaire Mukesh Ambani’s twin children Isha and Akash, and edtech startup founder Byju Raveendran are among the Indians who have debuted on Fortune’s ‘40 Under 40’ list of influential people around the globe.
The 2020 Fortune 40 Under 40 list highlights 40 influential people each in five categories of finance, technology, healthcare, government and politics, and media and entertainment from around the world.
Featured in the list are 28-year old Ambani twins, children of Reliance Chairman Billionaire Mukesh Ambani and Nita Ambani.
“They say data is the new oil— and when it comes to Reliance Industries, India’s largest company, that’s literally the case. The 47-year-old conglomerate amassed a fortune in petrochemicals before dominating India’s mobile connectivity market with Jio, a low-cost wireless carrier it debuted in 2016,” Fortune said.
It added that Akash joined the company in 2014 after receiving an economics degree from Brown University and Isha joined a year later, following stints at Yale, Stanford, and McKinsey. “As Jio board members, they helped seal the company’s recent megadeal with Facebook—$5.7 billion for a 9.99% stake—plus major follow-on investments from marquee tech titans like Google, Qualcomm, and Intel. The flurry of investments lent the business an eye-popping $65 billion private valuation,” Fortune said.
Regarding Raveendran, Fortune said he has shown the world that it really is possible to build a massively successful online education company.
"Byju's, as the company is known, has become India's biggest education technology company, helping millions of students prep and study for the most important exams of their lives while teaching them a thing or two about core topics like mathematics and science," it said.
In August, Byju's bought the education technology startup WhiteHat Jr. for $300 million. Manu Kumar Jain, managing director of Xiaomi India, also features on the list.
STORY HIGHLIGHTS
September 3, 2020: Billionaire Mukesh Ambani’s twin children Isha and Akash, and edtech startup founder Byju Raveendran are among the Indians who have debuted on Fortune’s ‘40 Under 40’ list of influe
September 3, 2020: Billionaire Mukesh Ambani’s twin children Isha and Akash, and edtech startup founder Byju Raveendran are among the Indians who have debuted on Fortune’s ‘40 Under 40’ list of influential people around the globe.
The 2020 Fortune 40 Under 40 list highlights 40 influential people each in five categories of finance, technology, healthcare, government and politics, and media and entertainment from around the world.
Featured in the list are 28-year old Ambani twins, children of Reliance Chairman Billionaire Mukesh Ambani and Nita Ambani.
“They say data is the new oil— and when it comes to Reliance Industries, India’s largest company, that’s literally the case. The 47-year-old conglomerate amassed a fortune in petrochemicals before dominating India’s mobile connectivity market with Jio, a low-cost wireless carrier it debuted in 2016,” Fortune said.
It added that Akash joined the company in 2014 after receiving an economics degree from Brown University and Isha joined a year later, following stints at Yale, Stanford, and McKinsey. “As Jio board members, they helped seal the company’s recent megadeal with Facebook—$5.7 billion for a 9.99% stake—plus major follow-on investments from marquee tech titans like Google, Qualcomm, and Intel. The flurry of investments lent the business an eye-popping $65 billion private valuation,” Fortune said.
Regarding Raveendran, Fortune said he has shown the world that it really is possible to build a massively successful online education company.
"Byju's, as the company is known, has become India's biggest education technology company, helping millions of students prep and study for the most important exams of their lives while teaching them a thing or two about core topics like mathematics and science," it said.
In August, Byju's bought the education technology startup WhiteHat Jr. for $300 million. Manu Kumar Jain, managing director of Xiaomi India, also features on the list.