KTR Praises Parsigutta Entrepreneur Gaddam Shivaganesh for Forbes 30 Under 30 List

On Monday, June 15, 2026, Bharat Rashtra Samithi (BRS) working president K.T. Rama Rao praised young Hyderabad entrepreneur Gaddam Shivaganesh, who hails from Parsigutta, for earning a spot on the prestigious "Forbes 30 Under 30 Asia 2026" list. During their meeting in Hyderabad, Rama Rao commended the young founder's startup vision, which has recently garnered significant international recognition.

Shivaganesh, the son of a former welder from the Parsigutta locality, met with Rama Rao to discuss his ambitious goal of establishing a new bank in Hyderabad. This proposed financial institution is intended to serve as a comprehensive, one-stop financial solution specifically tailored for students and their parents.

The startup has already achieved major milestones, including securing a place in the Finance & Venture Capital category of the Forbes list. Additionally, Shivaganesh's venture secured a $100,000 grant from Emergent Ventures and has successfully raised Rs 10 crore in funding. The company is now actively preparing to apply for a payments licence from the Reserve Bank of India (RBI) to lay the foundation for its student-focused financial services.

Expressing his admiration on social media, Rama Rao shared Shivaganesh's inspirational journey. The BRS working president noted that the startup founder’s vision is receiving crucial support from T-Hub, Telangana's startup incubator, to help translate his dream into a reality. Rama Rao extended his best wishes for the young entrepreneur's success in the coming years.

The meeting highlighted how the young entrepreneur is making waves in the startup ecosystem after earning international recognition. Shivaganesh's journey from being the son of a welder in Parsigutta to being featured on an international platform serves as an inspirational success story for the local community.

Alongside his corporate goals, Shivaganesh is also spearheading a unique educational initiative aimed at boosting financial literacy among youth. He has created a comic character based on himself and is currently developing a free animated film. This project is designed to make complex financial concepts simple, engaging, and easily accessible for students across the region.