Entrepreneurs play a key role in creating wealth and employment for the growth of the economy. It not only boosts innovations but also removes regional income disparity. However, present environmental issues have stimulated the businesses to find new ways to do the green business. Entrepreneurs do their bit to save the environment by producing eco-friendly products. It leads to sustainable development as well as providing competitive advantage to them. Present study helps to get insights about the concept of green entrepreneurship. It aims to understand the theoretical background and challenges which green entrepreneurs’ faces in the current scenario.