Bangalore: Building a business takes patience and also a heavy toll on entrepreneurs. We might have come across many startups and their initial success stories. Now, let us look at the 10 entrepreneurs having immigrant roots in Asia and India who have taken their ventures to greater heights in US. As compiled by ET.
#10 Pradeep Goel
Founder & CEO, EngagePoint
Founded in 2007, EngagePoint is dedicated in providing healthcare software and IT services to governments and to commercial and administrative insurance payers. Pradeep Goel's consumer health technologies strives to help employees manage their own health benefits and to make consumers active buyers of insurance policies rather than passive recipients.
The company had revenue of $13.2 million in the year 2011, and had a 3 year growth rate of 5,855 percent.
#9 Krish Patel
Founder & CEO, Wireless Communication
Krish Patel’s Wireless Communication was founded in 2008. The company is dedicated in providing critical communication solutions and technical services to organizations such as hospitals, industrial and commercial customers, federal governments and much more. It operates in 32 Verizon Wireless retail locations in Georgia, South Carolina, Kentucky, and West Virginia.
The company had revenue of $22.9 million in 2011. In 3 years, the company had a growth rate of 6,581 percent.
#8 Zia Islam
Founder & CEO, Zantech IT Services
After being inspired by his brother's success of building his own company, Zia Islam founded Zantech IT Services in 2007. The company offers enterprise technology systems to the federal government agencies by providing them with the solutions and expertise to improve customer services and maintain high levels of customer satisfaction.
"The customer is always our No. 1 priority," says Islam.
The company had revenue of $17.8 million in 2011, and had 7,331 percent growth in 3years
#7 Rose Cook & Lynn Faughey
Co-Founders, FlexPro Group
The specialty consulting firm, FlexPro Group was started in the year 2008. Identical twins, Rose and Lynn Cook, took a big risk and started their venture during the time of great recession. The company is engaged in providing supply chain consultants to the pharmaceutical industry.
FlexPro Group had revenue of $3.7 million in the year 2011, and had a 3 year growth rate of 2,958 percent.
#6 David Chen
Founder & CEO, NextWorth Solutions
David Chen started NextWorth in 2005. The company is engaged in more diversified e- recycling such as iPods, iPhones, Laptops, Video Game Consoles, Digital Cameras, Cell Phones, GPS devices and much more.
"I remember selling floppy discs to prep school kids when I was in 8th grade," recalls Chen. The company dedicates itself in helping consumers and big retailers recycle old electronics.
NextWorth Solutions had revenue of $20.4 million in the year 2011, and experienced a growth rate of 3,154 percent, in 3 years.
#5 Kenneth Lin
Founder & CEO, Credit Karma
Disappointed about the fact, that he had to pay and find out his credit score. Lin in the year 2007 started Credit Karma, an online portal, which allows consumers to check their credit scores online for free. The portal also contains various other tools to save money and informs users on various credit cards, loans, insurance and much more.
The company had revenue of $5.7 million in 2011. In 3 years, the company had a growth rate of 5,279 percent.
#4 Byron Hsu
Founder & CEO, Xenon Project Int'l
Hsu founded Xenon Project, a high tech toy making company in 2008. Initially, it sold remote controlled cars in eBay. Now, the company distributes remote control and nitro-fueled toys along with other goods such as kitchenware and sports equipment.
The company had $4.4 million revenue in 2011, and had a 3 year growth rate of 3,586 percent.
#3 Neil Dufva
Founder & CEO, Crunchy Logistics
Crunchy Logistics, a tech firm, was established in 2008. After getting a good start the company expanded rapidly. The company focuses on developing and supporting business critical and entertainment driven technology systems. It deploys highly secure control systems for commercial, medical and industrial purposes. It also supports content distribution networks and natural user interface advancements.
The company had revenue of $2.1 million in the year 2011, and had a 3 year growth rate of 1,881 percent.
#2 Andy Kim
Founder & CEO, IT Source
Andy Kim comes from an engineering background and founded IT Source in 2002. The company offers technology support for all kinds of business of any sizes. It provides Innovative IT solutions and business tools for various companies with 24 /7 help and support.
IT Source had revenue of $24.8 million in the year 2011, and experienced a growth rate of 4,756 percent, in 3years.
#1 David Tam
David Tam, Founder & CEO, RateSpecial Interactive
David Tam was prepping for law school, but after working in an online ad agency, he changed his plan and founded RateSpecial, an interactive advertising and marketing agency. The company specializes in traffic acquisition, monetization and product strategy.
RateSpecial Interactive had revenue of $15.5 million in the year 2011, and in a span of 3 years it experienced a growth rate of 8,593 percent.