10 Successful Companies Founded By Immigrants

10 Successful Companies Founded By Immigrants

U.S lawmakers can argue about the effect of immigration on their country’s economic change, but one cannot overlook the contribution of these foreign-born leadership in entrepreneurship and innovation.

A new study from the National Foundation for American Policy reveals that US immigrants started more than half of the current US-based startups valued at $1 billion and more. These 44 companies, the study says, are collectively valued at $168 billion and create an average of roughly 760 jobs per company in the U.S. The study also estimates that immigrants make up over 70% of key management or product development positions at these companies, WSJ reports.

Let’s have a look at the top 10 most renowned companies founded by immigrants.

Furniture Retailer Pepperfry Receives USD 100 Million From Goldman Sachs And Others

Furniture Retailer Pepperfry Receives USD 100 Million From Goldman Sachs And Others

Pepperfry, one of the leading online furniture retailer companies in India, raised a whooping USD 100 million as their fourth round of investment from Goldman Sachs, Zodius Technology Fund, and their existing investors Bertelsmann India Investments and Norwest Venture Partners.

Overwork Led To The Death Of Sarvshreshth Gupta

Overwork Led To The Death Of Sarvshreshth Gupta

It was 2:40 am on a warm San Francisco night. Sarvshreshth Gupta called his father, sitting thousands of miles away in New Delhi, India. “It is too much. I have not slept for two days. I have a client meeting tomorrow morning, I have to complete a presentation, my V.P. is annoyed and I am working alone in my office,” he said. His father was understandably concerned. Sarvshreshth was working as an Analyst at Goldman Sachs, and had recently been complaining about his workload.