Nawaz Dhandala, 22

The failure of his first venture did not discourage this 2013 Microsoft Imagine Cup winner, who as a final year student in 2014 launched his second venture, CloudBoost—a website which provides a compiled database for app developers. Dhandala’s four-member team happily adm­its that CloudBoost earns revenues of nearly $4,500 a month. The team is now actively seeking investments to expand. Dhandala believes entrepreneurs like him should never give up. “Not winning does not always mean losing. One gets to learn so much along the way.”