They are young, aspirational and plan to scale newer heights. Most of the young generation kids from the list are part of family business or Board members of the company.
In India, as most of the time business is dominated by the family hierarchy.
Here are 10 new generation tycoons, that plan to make a mark.
Isha and Akash Ambani
Isha andAkash are twin siblings and children of Indian's richest man, Mukesh Ambani. In 2014, both were appointed as the boards of new venture Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd.
Before joining the board, Isha Ambani worked as a business analyst with the management consulting firm, McKinsey & Company.
Akash after obtaining an undergraduate degree in Economics from Brown University.
Kavin Bharti Mittal
Kavin is son of Sunil Bharti Mittal who is a founder and chairman of Bharti Enterprise. Kavin has graduated from Imperial College, London with a Masters in Electrical Engineering and Management in 2009.
Kavin is an entrepreneur who is the founder of Hike Messenger.
Aalok Sanghvi is a media shy person and keeps very low profile. He is a graduate in molecular biology from the University of Michigan.
Aalok who is also a entrepreneur founded PV Powertech Pvt Ltd., which has installed solar panels across Europe, Asia and Africa.
Aalok Sanghvi is elder of the two Shanghvi siblings of India's second-richest man, Dilip Shanghvi.
Roshni Nadar is the only daughter of HCL's founder, Shiv Nadar. She is the CEO of HCL Corporation. Roshni is a trained classical musician and is married to Shikhar Malhotra.
Aditya Mittal is son of Lakshmi Mittal. He has a bachelor's degree in Economics with concentrations in Strategic Management and Corporate Finance from the Wharton School of the University of Pennsylvania in the United States.
Before joining the company he worked in the mergers and acquisitions department at investment bank Credit Suisse First Boston. Now, he is a CFO at ArcelorMittal.
Ashni Biyani, daughter of Kishore Biyani, got herself involved in the innovation division of Future Group at a young age of 22.
She did her schooling at Queen Mary, studied at HR college in Mumbai, and did a course in textile designing and design management.
Rishad Premji is the Chief Strategy Officer & Member of the Board, Wipro Limited. In his role he also lead's the Investor Relations & Corporate Affairs functions for the company.
Before joining Wipro, Rishad was with Bain & Company in London.
He also worked with GE Capital in the US across several businesses throughout the Insurance and Consumer Lending space and is a graduate of GE's Financial Management Program (FMP).
Rohan Murthy is the son of Indian IT industrialist N. R. Narayana Murthy and the co-founder of Infosys.
Murthy earned a PhD in computer science from Harvard University. His PhD was supported by a Siebel Scholars Fellowship and a Microsoft Research Fellowship .
In June 2013, Rohan was appointed as an executive assistant at the Chairman's Office reporting to Narayana Murthy at Infosys. InJune 14, 2014, Rohan left company when his father stepped down as Executive Chairman.
Ananyashree is daughter of business tycoon Kumar Mangalam. She is a social entrepreneur and started Svatantra Microfin Pvt a microfiance company.
This small startup will help rural borrowers to start their own business.
Anand Piramal is the son of Ajay Piramal who is one of India's leading industrialists, philanthropists and social entrepreneurs.
Anand, heads the group's real estate development business, Piramal Realty. It is said that the company has over 10 million square feet of commercial and residential projects under development in prime areas of Mumbai.