Little India: Overseas Indian, NRI, Asian Indian, Indian American

Four Indian-Origin Persons Named in Fortune’s ‘40 Under 40’ List

(Clockwise from top left) Dhivya Suryadevara, Anu Duggal, Anjali Sud, Baiju Bhatt

Four persons of Indian origin have been named in Fortune’s “40 under 40” list of the most influential young people in business. The annual list, released on July 19, includes 18 women, three of whom are of Indian descent.

At the fourth place on the list is Dhivya Suryadevara, the Chief Finance Officer designate at the United States’ largest automaker, General Motors. Vimeo CEO Anjali Sud is at the 14th spot while, Baiju Bhatt, the co-founder and co-CEO of Robinhood, is at No.24. Female Founders Fund founding partner Anu Duggal figures at the 32nd rank on the list.

Suryadevara, 39, would become GM’s first female CFO in September this year, the automaker announced last month. The Harvard Business School alumnus grew up in Chennai, before moving to the United States. “In recent years, she’s played a key part in GM’s stake in Lyft and divestiture of Opel, and in SoftBank’s investment in Cruise, GM’s self-driving unit,” the publication said.

Sud, 34, joined Vimeo as head of marketing in 2014, and was named the CEO last year. She has been charged with focusing Vimeo as a cloud-based platform for video creation, distribution, and monetization, targeting individuals and small- to medium-size businesses.

Bhatt, the 33-year-old co-founder of Robinhood launched the company in 2013 with fellow Stanford student Vlad Tenev as an egalitarian challenge to oldguard brokerage houses. The financial services company has now shot to a valuation of $5.6 billion. This year they added Bitcoin and other cryptocurrencies to the trading mix and hope to develop the firm into a full-blown digital bank, according to Fortune.

Duggal, the 39-year-old entrepreneur-turned-investor, launched Female Founders Fund in 2014 as a seed-stage venture fund to invest in women-led technology companies. She raised $5 million from investors and put the sum in companies like Thrive Global, Zola, and Maven. In May, Duggal closed $27 million for her second early-stage fund, with a roster of limited partners, including Melinda Gates.

The Fortune list features Instagram co-founder and CEO Kevin Systrom, 34, at the No.1 spot, followed by Mark Zuckerberg, the 34-year-old Facebook CEO. Also included among the 40 most influential people in business are New Zealand Prime Minister Jacinda Ardem, 37, at the 12th place, and singer-songwriter-entrepreneur Rihanna, 30, at the 21st position.

For the first time, Fortune also assembled a supplementary honor roll of the most impressive, young superstars who are transforming business at the edge of finance and technology. Called the “Ledger 40 Under 40,” the list includes Asheesh Birla, the 39-year-old Senior Vice President of Product at Ripple, the real-time currency exchange and remittance network.

Birla, who holds an MBA from Wharton, has played a pivotal role in building blockchain tools for banks around the world. He is also developing experimental uses for XRP, the world’s third most valuable digital currency, Fortune said.

Also a part of the list are Balaji Srinivasan, the Chief Technology Officer at digital currency wallet and platform Coinbase; Neha Narula, Director of MIT Digital Currency Initiative; and Coinbase Vice President of operations Tina Bhatnagar.