Table of contents
Everything is moving forward quickly, and the quick adoption of technology has created several prospects for expansion, inclusiveness, and additional investment. The Ministry of Commerce & Industry recently reported that 1 out of every ten unicorns worldwide was born in India. India is home to 100 unicorns with a combined worth of $332.7 billion.
Given that India's ranking on the Global Innovation Index has increased from 48th place in 2021 to 46th, this period has seen rapid digitalization and technical infrastructure improvement. While a significant portion of this achievement is credited to the rise of startups over the past decade.
Let's explore the top ten tech startups in India in 2022 that are shaping the modern era:
Top 10 Tech Startups in India 2022
- LenDenClub
- 1K Kirana Bazar
- Loco
- Jupiter Bank
- Pocket FM
- Chalo
- Coinswitch Kuber
- Mivi
- CoinDCX
- Polygon
10. LenDenClub
Founded: 2015
Headquarters: Bengaluru, Karnataka
Industry: P2P Finance
Founders: Bhavin Patel, Dipesh Karki
A peer-to-peer lending network that connects investors and lenders seeking high profits with borrowers seeking short-term personal loans, LenDenClub is an Indian startup and one of the fastest-growing P2P lending platforms in India.
This initiative was motivated by the need for a more direct method of loan searching that would enable them to match creditworthy borrowers seeking to satisfy their loan criteria with lenders seeking a healthy and structured return on investment.
Funding: $1.7 million
Visit the website here (10).
9. 1K Kirana Bazar
Founded: 2018
Headquarters: Gurugram, Haryana
Industry: Retail
Founders: Sachin Sharma, Abhishek Halder
By uniting kiranas and assisting them in fulfilling consumer expectations, 1K Kirana Bazar organizes the non-urban retail ecosystem to turn grocery shopping into an enjoyable and cost-effective pastime rather than a regular family task.
Funding: $7.0 million
Visit the website here (9).
8. Loco
Founded: 2018
Headquarters: Bengaluru, Karnataka
Industry: Entertainment, Gaming
Founders: Ashwin Suresh, Anirudh Pandita
Every gamer has the opportunity to become a gaming celebrity thanks to the Loco platform, which offers a space where fans can connect with their gaming community and a private area for bringing game producers and spectators together. Loco is a virtual environment for communities where users can take on any identity.
Funding: $9 million
Visit the website here (8).
7. Jupiter Bank
Founded: 2019
Headquarters: Mumbai, Maharashtra
Industry: Banking
Founders: Jitendra Gupta
The team behind Jupiter Bank doesn't like waiting in line at the bank or being told to return after lunch since their digital banking app, which has a simple goal of providing consumers with a banking experience that keeps up with their needs, was created by individuals who don't like those things.
By providing intelligent insights into their spending and a variety of the newest features, it aids the user in cutting through the banking lingo and enables them to understand their finances.
Funding: $71 million
Visit the website here (7).
6. Pocket FM
Founded: 2018
Headquarters: Bengaluru, Karnataka
Industry: Internet
Founders: Rohan Nayak, Prateek Dixit
Pocket FM is an online audio platform with 100,000+ hours of audiobooks and podcasts available in three Indian languages. Hindi, Tamil, and Bengali, also allow users to discover and enjoy the most wonderful collection of audio content, including audiobooks, stories, and podcasts from a vast creator community with 20 million+ users and 500k+ creators.
Funding: $6.2 million
Visit the website here (6).
5. Chalo
Founded: 2014
Headquarters: Navi Mumbai, Maharashtra
Industry: IT & Services
Founders: Mohit Dubey, Vinayak Bhavnani
The leading bus transportation technology firm in India is called Chalo. Chalo cards provide a convenient way for users to travel by bus, and the company has expanded to 22 cities while employing technology to redefine the bus travel experience.
Over 15,000 buses can be tracked using the app, and users can get digital tickets for hassle-free travel.
Funding: $47.5 million
Visit the website here (5).
4. CoinSwitch Kuber
Founded: 2017
Headquarters: Banglore, Karnataka
Industry: Finance, Cryptocurrency
Founders: Ashish Singhal, Govind Soni
CoinSwitch is a platform for aggregating cryptocurrency exchanges that was created to assist consumers in rapidly trading cryptocurrencies at the lowest prices. Its user interface makes currency trading simpler and enables users to trade more than 400 cryptocurrencies, including bitcoin, Ethereum, and dogecoin, and to purchase their convenience at the best price.
The business strategy of this firm also eliminates the requirement for a single account for a business or many accounts across various exchanges.
Funding: $299.1 million
Visit the website here (4).
3. MiVi
Founded: 2016
Headquarters: Hyderabad, Telangana
Industry: Electronic Manufacturing
Founders: Viswanadh Kandula
Mivi, the first manufactured in India Bluetooth speaker with a 300% increase in sales, was introduced with the vision and goal of addressing the demand for high-quality electronic devices at reasonable prices in the Indian market.
With this goal in mind, MiVi provides goods, including wireless earbuds, charging cords, OTG adaptors, and car chargers.
Funding: $92.3 million
Visit the website here (3).
2. CoinDCX
Founded: 2017
Headquarters: Mumbai, Maharashtra
Industry: Finance, Cryptocurrency
Founders: Sumit Gupta
With the most significant number of cryptocurrencies listed in the country and instant, free conversions from fiat to crypto, CoinDCX is India's safest cryptocurrency exchange, focusing on democratizing access to cryptocurrencies.
A venue for learning about cryptocurrencies and blockchain technology is also provided via the company's online academy, DCX Learn.
Funding: $109.0 million
Visit the website here (2).
1. Polygon
Founded: 2017
Headquarters: Bengaluru, Karnataka
Industry: IT & Services, Blockchain
Founders: Jaynti Kanani, Sandeep Nailwal, Anurag Arjun
Polygon produces modern robotic products and technologies for ensuring long-term profitability, developing leadership skills, preserving creative flow, boosting customer happiness, and holding onto the talent and enthusiasm of a special team.
For instance, users can build ZK, optimistic rollup chains, stand-alone chains, or any other infrastructure the developers deem necessary.
Funding: $450K
Visit the website here (1).
