Four Indian entrepreneurs have successfully completed the efounders Fellowship, a joint initiative by the the United Nations Conference on Trade and Development (UNCTAD) and Alibaba Business School. They are: Anurag Dalmia, Co-founder, Healthy Buddha; Rohit Ramasubramanian, Co-founder, Zefo; Ronak Kumar Samantray, Co-founder, NowFloats; and Ananda Kumar Mishra, Founder and CEO, Grozip.

The fourth edition of the programme saw participation from 38 Asians. The fellowship aims at enabling young entrepreneurs with skills that are essential for their businesses.

"Investing in youth entrepreneurship can inspire other entrepreneurs in their endeavours and help create awareness about challenges they face and the opportunities the modern economy offers," said Arlette Verploegh, UNCTAD eFounders Fellowship programme coordinator.

The fellowship offers insights into Alibaba’s journey from a small start-up to a successful technology conglomerate, and a peek into the integrated ecosystem of other online platforms such as Taobao Marketplace, Tmall, Cainiao Network and Freshippo. The curriculum also covered relevant industry trends, including new retail and the impact of e-commerce in rural areas.

"We hope the entrepreneurs will discover more ways to build a more inclusive and sustainable model for their own businesses while championing the growth of the digital economy in their markets," said Brian Wong, Vice President, Global Initiatives, Alibaba Group.

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