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Karan Bhagat in India's most prestigious 40 under Forty list of The Economic Times

The Economic Times has released the most awaited list of 40 hottest business leaders of India under the age of 40. The Economic Times 40 under Forty is brought out in partnership with consulting firm Spencer Stuart, and recognizes those who have surpassed all metrics of success to become India Inc.'s leading young business leaders.

The final list is created over two phases - research and assessment. The initial list of young business leaders is drawn up basis primary research, recommendations from companies and senior industry leaders. It is then handed over to a jury for the final selection.

This year's jury comprises Harsh Goenka (Chairman, RPG Enterprises), Janmejaya Sinha (Chairman, BCG - Asia Pacific), Naveen Tewari (CEO, InMobi), Roopa Kudva (MD, Omidyar Network), Shikha Sharma (MD, Axis Bank), D Shivakumar (CEO, PepsiCo India) and Vani Kola (MD, Kalaari Capital). 

Karan Bhagat

Founder, MD & CEO, IIFL Investment Managers

Age: 39

Education: MBA, IIM-Bangalore

Previous Jobs: Kotak Mahindra Wealth Management

Success to me is: Breaking down complex problems into simple bits and solving them effectively. This ensures that the input is utilised in the most optimised manner to deliver the best possible output.

The best advice I ever got: Our entrepreneurial journey coincided with the 2008 turmoil in financial markets. A simple advice - not to wait for the global situation to improve but rather tread the chosen path with renewed vigour and remain patient about the milestones we had set.

My big achievement: being able to believe in myself and take the plunge at a time when my career was rock solid and steady. IIFL Investment Managers is a manifestation of that belief and passion.

What I want to achieve in the next 10 years: When we started as IIFL Wealth, we had no idea that we would be the top wealth management firm in the country in 9 years. We continued to put in an honest effort, kept challenging ourselves to becoming bigger, better, stronger and delivering the best. Over the next ten years too, we shall continue working with the same fire and hopefully surprise ourselves yet again.

Read the original article:

The Economic Times