An alarming percentage of IIM graduates are giving up on their 7 figure packages to start something of their own. With the kind of opportunities, and the freedom to be your own boss a start-up provides, it's not a bad idea at all. Here are 7 examples of the hottest start-ups by people who decided to follow their dreams instead of helping build someone else's.

1. Slack

These guys are on a mission to make your life simpler and more productive. How? Slack is basically a platform for team communication. Everything rests in one place, instantly searchable, available wherever you go. The best part is it works with the services your team already uses!

2. Cookfresh

A life saver for all cooking fanatics who have no time. Cookfresh delivers ingredients and recipes right to your doorstep, so that you can do away with the hassles of buying groceries, chopping, cutting etc. The best part? They’re really reasonably priced and have a menu that includes dishes and meals from across the world.