Fortune ’40 Under 40′ 2022: Who Are The 2 Indian-origin Entrepreneurs Kanav Kariya And Ankit Gupta On The Prestigious List?
November 18, 2022: Fortune ’40 Under 40′ 2022: Two Indian-origin individuals have been named in Fortune’s annual list of the 40 most influential and inspiring young people in business under the age of 40. Fortune magazine is out with this year’s “40 Under 40” list of rising business stars.
Two Indian-origin individuals have been named in the American magazine’s annual list of the most influential and inspiring young people in business under the age of 40.
Kanav Karia, 26, president of Jump Crypto, and Ankit Gupta, 35, founder and CEO of Cycle Health, have been named to Fortune’s 2022 ’40 Under 40′ list, an annual selection of the most influential young people in business.
Others who have made the cut include popular artist Rihanna and the world’s most-followed TikToker Khabi Lam.
According to Fortune, the founders, executives, investors, and activists on this year’s list are creating and capitalizing on opportunities, empowering others, finding new treatments for diseases that affect millions, connecting people, and athletes, and Building on their successes as entertainers, working on their successes.
Industries, and creating new ones too. 40 Under 40 was divided into the following categories: Ventures and Startups, culture and society, Finance and Crypto, Technology and Innovation, Health and Bioscience.
Fortune said a top priority to combat the opioid crisis in the US is to increase treatment and recovery services, but 40 percent of America lacks facilities that provide medication-assisted treatment.
“Enter Ankit Gupta, whose Cycle Health aims to fill that gap with telehealth services specialized for opioid use disorder,” the magazine said.
“Honored to be included in Fortune’s 40 Under 40 list this year! Especially among all the amazing trailblazers shaping the healthcare industry.
A fitting recognition of our incredible team at CycleHealth and their dedication to the care of patients with OUD (opioid use disorder),” Gupta wrote on Twitter.
Gupta is passionate about the power of technology to create patient-centric experiences that can deliver high-quality outcomes at scale. Prior to Cycle Health, he was Co-Founder and Chief Technology Officer (CTO) of Pulse News.
With more than 30 million users and a shoutout by former Apple CEO Steve Jobs, Pulse was acquired by LinkedIn and now serves as the LinkedIn newsfeed, according to the BicycleHealth website.
He completed his graduation with a Bachelor of Science in Computer Science from the Indian Institute of Technology (IIT), Bombay, and he holds a Master of Science (MS) in Computer Science from Stanford University, specializing in Machine Learning.
In 2017, Gupta founded the company when he purchased a single clinic in Redwood City, California. In 2020, after government regulations were eased to allow more opioid-treatment medications to be prescribed online, Cycle Health expanded to 29 states and raised nearly $83 million in venture funding.
With the company receiving $50 million in funding in June 2022, it told Fortune it plans to expand to six more states and improve bicycle tech over the next two quarters.
Fortune said Kariya began his career as an intern at Jump Trading, a startup incubator for crypto companies.
Last year, the company gave him control of its rebranded, 170-person digital assets division of Chicago-based Jump Crypto. According to his company profile,
“Karia has overseen billions of investments in the crypto space and helped position the company as a key player in Web3”.
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