Indian software unicorn BrowserStack, founded by two IIT-Bombay graduates, has been growing steadily. The company’s revenue increased by 59 percent from Rs 263,3 crore (FY21) to Rs 418.4 crore (FY22) in a year. The young turks who founded the company - Ritesh Arora and Nakul Aggarwal - are both worth over Rs 12,000 crore individually, as per an ET report. 

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

BrowserStack is one of the world’s leading software testing platforms. It became a unicorn in FY22 after bagging $200 million in its Series B round of funding. This valued the Software-as-a-Service (SaaS) firm at $4 billion (around Rs 33,106 crore, as of February 19, 2022). Incredibly, the brainchild of Arora and Aggarwal became profitable within just six months of them founding BrowserStack. 

Co-founders Nakul Aggarwal and Ritesh Arora both graduated from the prestigious Indian Institute of Technology (IIT) Bombay in 2006. Around 5 years after completing their engineering in computer science, they founded BrowserStack in 2011 in Mumbai. 

Arora and Aggarwal saw a problem and set out to solve a problem which had so much potential that they tasted profitability within just 6 months of the company’s inception. Ritesh takes care of the CEO responsibilities while Nakul is the CTO of the company.

READ | Meet C Vijayakumar, HCL Tech’s CEO, check his total earnings last year