Stock advisory Company, The next generation gets ready to take over India’s biggest businesses

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The son of telecom tycoon Sunil Bharti Mittal, who along with his family has a net worth of $8.4 billion (around Rs53,760 crore)—the flagship company, Bharti Airtel Ltd, founded almost four decades ago, has a total market cap of over Rs1.6 trillion—has moved away from the father’s shadow to start from scratch. Kavin launched two start-ups while still in college. In 2008, at the age of 20, the Mittal scion set up AppSpark, an app company for iPhone users. The next year, he launched a movie-ticketing app, Movies Now, for iPhone users. On his return to India in 2012, Kavin built Hike Messenger, an app-messaging platform.

This year, Hike Messenger acquired Creo—a Bengaluru-based technology start-up that makes the dual-SIM (micro and nano SIM) smartphone Mark 1. Hike has raised around $175 million from Chinese internet giant Tencent and electronics maker Foxconn.