Table of contents
Introduction
This article brings 150 recent startup stories from India that were launched in the last 5 years. These startups are working with the latest technology and tools, making them relevant for 2023. By reading this article, you will get an insight into the innovative ideas and solutions these startups bring to the table and understand the current trends and opportunities in the Indian startup ecosystem.
Don't miss out on this opportunity to stay updated on the latest in the Indian startup scene. Whether you are an entrepreneur, an investor, or just someone interested in innovation and technology, this article is a must-read. So, go ahead, dive in and discover the exciting world of Indian startups that are shaping the future.
Startups in India - Overview
👩💻 The startup industry in India has been booming over the last few years, with more and more entrepreneurs taking up their dreams to start a business. With the country's population hitting 1.4 billion people, there are endless opportunities for new ventures!
India is no stranger to startup unicorns, with 108 companies valued at over a billion dollars in December 2022. These startups have driven the country's innovation and economic growth, revolutionizing various industries, including fintech, e-commerce, healthcare, and transportation. Companies such as OYO Hotels & Homes, Zomato Technologies, and BYJU'S Education are some of India's most valuable unicorns that have become household names for their success stories.
With so many impressive businesses paving the way for others in India’s booming tech ecosystem, it has never been more exciting to be a part of this dynamic world!
Siddhesh Surve
Most successful startups in India and their innovative ideas emerged in the post-pandemic age, relieving humanity from the monotonous. These great startups and their idea have garnered much praise for helping people get lazier (positively) and offering one-tap solutions.
Considering examples of successful startup stories, "revenue" is the most vital metric to track. Still, it shouldn't be the only one, as other variables might affect the statistic of a company's development and performance.
Evolution is a crucial component of growth, and when a company expands, its metrics should do the same. For this reason, we've compiled a list of exclusive India's successful startups.
To be included on the list of startup stories in India, a company must keep track of what makes its operation effective and understand how to sustain and boost its performance to draw in additional investors to support its growth.
🔅 Here are some of the topics you can expect to find covered here:
- How did each founder come up with his or her idea?
- What challenges did they face along the way?
- What strategies were employed by founders to overcome those obstacles?
⚡The Indian startup space is ever-evolving and proliferating. It offers plenty of ideas and opportunities for entrepreneurs looking to make it big in this competitive landscape ✨ Let us dive into these stories now – we hope you get inspired by them!
India's Successful Startup Stories:
A startup must leverage the standard growth indicators that every company uses and adjust them following the business strategy. Here are some examples of highly lucrative, successful Indian startup stories.
150. Kazam
Sahil Kohli
Founded: 2020
Headquarters: Bangalore, India
Company size: 21-61
Industry: Automotive
Founders: Vaibhav Tyagi, Akshay Shekhar
Kazam, headquartered in Bangalore and launched in 2020, aims to make sustainable mobility accessible by offering India's premier IoT-based smart charging points.
The future fuelling pump intends to democratize infrastructure by making it available to anybody and providing software and hardware solutions for customers and businesses.
It aspires to play a leading role in the electrification of mobility in India by providing end-to-end EV charging solutions for office spaces, hotels, stores, apartments, or anyone with an idle parking place.
Fact: The company was founded by a group of environmentalists with backgrounds in solar, energy, and consumer goods to make renewable transportation accessible to everyone.
Visit their website here (150).
149. Hyphen SCS
Sahil Kohli
Founded: 2022
Headquarters: Noida, India
Company size: 21-40
Industry: Real-Estate, Logistics
Founders: Arun Pandit, Pauneet Nanda
Hyphen SCS, headquartered in Noida and founded in 2022, is a one-stop shop for all warehousing needs, offering accurate warehouse management and ranking as one of India's best warehouse service providers.
It also assists logistics policymakers in searching and filtering certified warehouses on more than 40+ factors, allowing them to compare facilities, rent or buy warehouses, organize meetings, book warehouse spaces, and so on.
Fact: It also provides the option of curating solutions for additional services such as workforce, compliance processes, logistics, and so on, all of which are integrated under its unified platform.
Visit their website here (149).
148. GalaxEye
Sahil Kohli
Founded: 2020
Headquarters: Chennai, India
Company size: 11-20
Industry: Aerospace, DeepTech
Founders: Suyash Singh, Denil Chawda, Satya Chakravarthy
GalaxEye, headquartered in Chennai and founded in 2020, is a space technology company that aims to advance the global future of satellite image acquisition through its product, which enables businesses to make better decisions and perform operations more efficiently through the use of space technology.
The team is also working on developing a smart satellite constellation that will provide an entirely new dataset at a steady speed and resolution and aims to launch its first satellite this year (2023).
Fact: It was formed by members hived off of Elon Musk's SpaceX's global competition.
Visit their website here (148).
147. DTown Robotics
Sahil Kohli
Founded: 2018
Headquarters: Noida, India
Company size: 1-10
Industry: Robotics
Founders: Pawan Dubey, Sanjay Khatri, Manas Upadhyay, Avinash Chandra Pal
DTown Robotics, based in Noida and launched in 2018, offers bespoke solutions and services in robotics, automation, and drones.
The company claims to have used all of its investments to increase its manufacturing capacity, product portfolio, and distribution system across the country.
Fact: The startup earned $500,000 from Delhi investors.
Visit their website here (147).
146. Dharaksha Ecosolutions
Sahil Kohli
Founded: 2020
Headquarters: New Delhi, India
Company size: 21-61
Industry: Bio-Tech
Founders: Arpit Dhupar, Anand Bodh
Dharaksha Ecosolutions, headquartered in New Delhi and launched in 2020, is an environmentally conscious firm specializing in bio-degradable packaging.
Its goal is to reduce waste burning and plastic pollution by developing biodegradable and sustainable alternatives.
Fact: It is being developed at the Regional Center for Biotechnology.
Visit their website here (146).
145. Dextroware Devices
Sahil Kohli
Founded: 2020
Headquarters: Chennai, India
Company size: 1-10
Industry: Electronics
Founders: Pravin Kumar
Dextroware Devices, headquartered in Chennai and founded in 2020, is a one-stop destination for creating economically assistive technologies and various associated consumer electronic devices to enable users of all categories to access technology.
Fact: Their initial product is "mouseware," a low-cost head-wearable gadget that allows for hands-free interaction with computers and other smart devices. It is helpful for people who have had amputations, upper-limb injuries, and other neurological illnesses such as monoplegia and partial paralysis.
Visit their website here (145).
144. Clairco
Sahil Kohli
Founded: 2018
Headquarters: Bengaluru, India
Company size: 21-41
Industry: Real-Estate
Founders: Aayush Jha, Udayan Banerjee, Praveena Poojary
Clairco, headquartered in Bengaluru and established in 2018, assists commercial buildings in ensuring clean air indoors in a cost-effective, scalable, and verifiable manner by converting conventional ventilation units into air purification devices.
Its product range comprises an Air Quality Monitoring & IoT platform on which they install IoT Devices that measure quality metrics such as PM 2.5, VOCs, real-time temperature, and CO2. The data is accessible via the dashboard.
The information can also be presented on linked screens to promote air quality to building residents or visitors. High-efficiency filtration for Air Handling Units can be installed to purify the air.
Fact: Nanofiber filters turn current air handling systems into air purification units.
Visit their website here (144).
143. BugBase
Sahil Kohli
Founded: 2021
Headquarters: New Delhi, India
Company size: 11-20
Industry: Software
Founders: Dhruva Goyal, Kathan Desai
BugBase, headquartered in New Delhi and founded in 2021, enables businesses to set up bug bounty programs that can be accessed by ethical hackers and cybersecurity advocates from around the country.
Its tools use crowdsourcing to discover potential website risks, thereby protecting the web for future users. It also gives a simple and uncomplicated user experience to attract more cybersecurity enthusiasts.
Fact: Despite traveling a long distance in the sector, some Indian organizations are still unsafe and vulnerable to security breaches. BugBase enables such businesses to arrange Capture The Flag competitions where cybersecurity novices can exercise and develop into experts.
Visit their website here (143).
142. Algorithmic Biologics
Sahil Kohli
Founded: 2021
Headquarters: Bangalore, India
Company size: 21-41
Industry: DeepTech
Founders: Manoj Gopalkrishnan, Nidhi Mathur
Algorithmic Biologic, headquartered in Bangalore and launched in 2021, envisions building a plentiful planet by applying intelligence to molecules. Their multidisciplinary team has a thorough modeling-based understanding of molecular chemistry and mechanics.
The platform aims to improve molecular technology and foster innovation in healthcare, agriculture, livestock farming, food safety, pharmaceuticals, and other industries that rely on molecular data.
Fact: Their solution is designed to be wrapped around existing and validated gold-standard laboratory assays like qPCR, next-generation genotyping, and spectrometry.
Visit their website here (142).
141. Aerobiosys Innovations
Sahil Kohli
Founded: 2019
Headquarters: Hyderabad, India
Company size: 1-10
Industry: Health-Tech
Founders: Cyril Antony, Rajesh Thangavel
Aerobiosys Innovations, based in Hyderabad and founded in 2019, has developed a low-cost, portable emergency ventilator. It was fostered at the Indian Institute of Technology Hyderabad Center for Healthcare Entrepreneurship.
It provides "Jeevan Lite," an IoT-enabled device for healthcare providers which can be controlled via a phone app. It can also be battery-powered, allowing for development in places with no reliable power supply.
Fact: The Jeevan Lite ventilator conducts both invasive and non-invasive ventilation across various modes and settings. It can be used for children and adults on rechargeable lithium-ion batteries for up to five hours without a power source.
Visit their website here (141).
140. BioFuelCircle
Founded: 2020
Headquarters: Pune
Company size: 41-61
Industry: Bio-Tech
Founders: Ashwin Save, Jacob Joseph
BioFuelCricle, headquartered in Pune and founded in 2020, is a specialized open market developed for biomass plus biofuels or green fuels, providing a farm-to-fuel ecosystem that now runs in three states: Maharashtra, Gujarat, and Tamil Nadu.
The company aims to address the bioenergy supply chain's difficulties while lowering greenhouse gas emissions. It also seeks to empower rural communities by delivering economic value, better job possibilities, and renewable energy.
Fact: The platform presently has 400+ registered members and offers 50+ biomass-based products.
Visit their website here (140).
139. Pocket FM
Founded: 2018
Headquarters: Gurgaon, India
Company size: 61-101
Industry: Entertainment
Founders: Rohan Nayak, Prateek Dixit, Nishanth S
Pocket FM, headquartered in Gurgaon and founded in 2018, permits users to access and enjoy a broad creator's community's audio content, such as audiobooks, podcasts, and stories.
Users can access their wide assortment of stories for free by subscribing to their premium services, which include ad-free listening, a high-quality, comprehensive story listening session, and an excellent catalog of audiobooks and podcasts.
Fact: It is an online audio platform that has over 10,000 hours of audiobooks and podcasts available in three different Indian languages: Hindi, Bengali, and Tamil.
Visit their website here (139).
138. Park+
Founded: 2019
Headquarters: Delhi, India
Company size: 251-501
Industry: Software
Founders: Amit Lakhotia, Hitesh Gupta
Park+, headquartered in Delhi and founded in 2019, is developing an eco-system for car owners by providing a one-stop solution for all of their needs. It also aids a traveler in finding a parking space, and it also aids in the leasing of available parking spaces.
The platform provides solutions for both four-wheelers and two-wheelers, as well as the basic infrastructure required to set up the Park+ solution, which is an RFID reader at the entrance to any parking lot, after which several layers, including a traffic light signal or barriers, can be added.
Fact: It makes revenue based on the user's number of gates and cars used and associated with the app.
Visit their website here (138).
137. GramHeet
Founded: 2020
Headquarters: Yavatmal, India
Company size: 1-10
Industry: Agri-Tech
Founders: Pankaj Prakash Mahalle, Shweta Thakare
GramHeet, headquartered in Yavatmal and launched in 2020, offers comprehensive solutions for farmers at their local farms, ensuring that farmers' incomes increase significantly.
It recognized the complexities of agricultural distress and created "GramHeet Mandi," a comprehensive strategy that provides end-to-end post-harvest services to farmers using a digital approach.
Fact: The platform works with community-based associations, village enterprises, and farmer-producer organizations to supply services at their farm gate.
Visit their website here (137).
136. GoKwik
Founded: 2020
Headquarters: New Delhi, India
Company size: 11-20
Industry: E-Commerce
Founders: Vivek Bajpai, Chirag Taneja, Ankur Talwar
GoKwik, headquartered in New Delhi and founded in 2020, provides a one-stop shop for merchants. Some of its products are frictionless checkouts, numerous payment ways, RTO protection on cash of delivery, a single interface for business management using analytics, and so on.
Fact: It has various integrations with WooCommerce, Shopify, and other platforms, and it serves clients, including Mamaearth, The Health Company, and others.
Visit their website here (136).
135. Euler Motors
Founded: 2018
Headquarters: New Delhi, India
Company size: 21-41
Industry: Automotive
Founders: Saurav Kumar
Euler Motors, headquartered in New Delhi and founded in 2018, aims to accelerate the adoption of commercial electric cars by developing a full-stack ecosystem that includes Indian Centric EVs and charging and repair station networks.
The company concentrates on addressing last-mile transportation for e-commerce and 3PL players. It has constructed a network of 100+ charging stations in Delhi NCR, enabling powering of 200+ electric vehicles to any place.
Fact: It received INR 20 crores in series A funding from Inventus Capital India and INR 15 crores from Blue Venture. It has been working with various major corporations and their prototype vehicles.
Visit their website here (135).
134. Bijak
Founded: 2019
Headquarters: Gurgaon, India
Company size: 1-10
Industry: Agri-Tech
Founders: Nikhil Tripathi, Mahesh Jakhotia, Nukul Upadhye, Jitender Bedwal, Daya Rai
Bijak, headquartered in Gurgaon and founded in 2019, is a trading platform for agricultural commodities that offers sellers and buyers better prices, increased working capital, and efficient logistics. The organization ensures that loans are disbursed quickly, eliminates waste, decreases costs, and functions as an accounting application.
Its goal is to increase transparency and accountability in the value chain of agriculture by implementing a buyer/seller rating system based on current transaction records.
Fact: On its dedicated site, users can use ratings to locate and trade with trustworthy counterparts.
Visit their website here (134).
133. Animall
Founded: 2019
Headquarters: Bangalore, India
Company size: 151-250
Industry: Agri-Tech
Founders: Anurag Bisoi, Libin V Babu
Animall, headquartered in Banglore and founded in 2019, promises to make dairy farming much more profitable by improving the conditions of dairy farmers in a meaningful way.
Animall is a top-tier VC-backed firm developing an online platform to empower millions of dairy farmers, ushering in the next digital revolution.
Fact: It was first conceived as part of a Pratilipi internal hackathon, wherein Animall earned both the jury and public awards.
Visit their website here (133).
132. Zimyo
Founded: 2018
Headquarters: Gurugram, India
Company size: 101-151
Industry: Software
Founders: Kumar Mayank, Ajay Singh
Zimyo, headquartered in Gurugram and founded in 2018, provides companies with an end-to-end solution for HR, productivity, engagement, payroll, and benefits and has earned the trust of 1000+ customers from various enterprises.
It aims to provide the #1 Employee Experience Platform to enterprises, and with its services, organizations have experienced reduced employee turnover, higher retention, and employee satisfaction by a two-fold increase.
Fact: It was formed to create a platform that assists data-driven enterprises in providing delightful employee experiences.
Visit their website here (132).
131. Zigly
Founded: 2021
Headquarters: New Delhi, India
Company size: 51-200
Industry: Retail
Founders: Ashok Jaipuria
Zigly, headquartered in New Delhi and founded in 2021, is a central omnichannel pet care platform that provides a wide range of pet care items such as food, supplements, cleanliness, accessories, toys, fashion, grooming, and so on.
It serves as a resource for pet families seeking high-quality and standardized pet care and an equal income opportunity for persons who have chosen pet care as a vocation. It is fast expanding and wants to open Experience Centres in key Indian cities.
Zigly is a rapidly rising pet care firm with aspirations to open Experience Centers in all major Indian cities. Grooming, spa, salon, counseling, pathology, immunization, and veterinary clinic departments are all available at the Zigly Experience Centers.
Fact: It covers an area of 6000 square feet and has India's largest pet care center.
Visit their website here (131).
130. Zamp
Founded: 2022
Headquarters: Gurgaon, India
Company size: 11-50
Industry: Tech & Internet, Fintech
Founders: Amit Jain
Zamp, headquartered in Gurgaon and founded in 2022, works with licensed and authorized broker-dealers, custodians, and other partners to provide a seamless cross-border interface for financial, payment, and credit services by using the top banking and cryptocurrency rails.
Fact: It is systematically engaging in product innovation across many financial services, including credit, crypto, cards, custody, and integrations, to carry out its objective.
Visit their website here (130).
129. Yubi
Founded: 2020
Headquarters: Chennai, India
Company size: 1001+
Industry: Fintech
Founders: Gaurav Kumar
Yubi, headquartered in Chennai and established in 2020, is the world's first opportunity platform, fueling the discovery, investment, fulfillment, and credit by redefining the global loan market by allowing the flow of capital amongst lenders, borrowers, and investors to be liberated.
The platform encapsulates any company's long-term goal of becoming ubiquitous in the debt ecosystem. It offers an unseen infrastructure layer that powers credit internationally and ensures frictionless access to money.
Fact: Yubi refers to "ubiquitous," and that indicates omnipresent.
Visit their website here (129).
128. Wint Wealth
Founded: 2020
Headquarters: Bengaluru
Company size: 11-20
Industry: Fintech
Founders: Anshul Gupta, Ajinkya Kulkarni, Shashank Chimaladari
Wint Wealth, headquartered in Bengaluru and founded in 2020, provides products that outperform FDs while less risky than equities focusing on retail investors.
The platform presents what they may invest in. There is a stark gap between the investment choices available to ultra-rich investors and those known to retail investors. The platform aims to decrease the gap and provide retail investors with equal opportunities.
Fact: Ultra-rich investors are offered the opportunity to invest through wealth management firms, which provide them with a range of sophisticated assets that are low risk and generate huge returns that are significantly higher than equivalent risk channels such as FDs in Debt mutual funds.
Visit their website here (128).
127. WeRize
Founded: 2019
Headquarters: Bengaluru, India
Company size: 11-20
Industry: Fintech
Founders: Vishal Chopra, Himanshu Gupta
WeRize, headquartered in Bengaluru and founded in 2019, is a novel class in the Indian financial services industry, aiming to build India's first socially dispersed full-stack banking and finance platform for families in small towns.
They recognized that established players, as well as fintechs, focuses more on millennial in urban India and mainly disregard their clients' financial demands.
It develops and sells tailored credit, group insurance, and savings products to 100 million lower-middle-class households and 300 million individuals scattered throughout 4000+ towns.
Fact: It is India's only fintech platform that has successfully spread financial services through contract workers without possessing any physical premises or local branches.
Visit their website here (127).
126. Virgio
Founded: 2022
Headquarters: Bengaluru, India
Company size: 151-251
Industry: Fashion Retail
Founders: Amar Nagaram
Virgo, headquartered in Bengaluru and founded in 2022, is a Fashion Tech renegade on a mission to build the world's most contemporary fashion company by establishing a platform wherein manufacturers and designers can harness the technology and analytics to create a tech-driven future of the fashion ecosystem.
Fact: It is a vertically integrated corporation that handles everything from trend-detecting fashion designs to manufacturing and on-site sales revenue.
Visit their website here (126).
125. Villain
Founded: 2020
Headquarters: Ahmedabad
Company size: 11-20
Industry: Fashion Retail
Founders: Ashutosh Valani, Priyank Shah
Villain, headquartered in Ahmedabad and founded in 2020, is a men's only lifestyle brand that sells fragrances, apparel, and accessories, challenging the Indian fashion and lifestyle sector by empowering men to be themselves.
The villain is a clothes, accessories, and perfume collection for men who aren't afraid to show off their unrepentant, uninhibited, and unafraid style. It offers premium quality items and experiences to men in India at an affordable price. Its mission is to become an optimum lifestyle brand for men in India with a distinct positioning and product range.
Fact: The firm was recently bought by the brand Mensa, rendering them more distinct in grooming and lifestyle, and its subcategories have experienced a surge of new brands in recent years.
Visit their website here (125).
124. Tyke
Founded: 2021
Headquarters: Mumbai, India
Company size: 11-20
Industry: Fintech
Founders: Karan Mehra, Purav Bubna,
Tyke, headquartered in Mumbai and launched in 2021, makes capital raising friction-free and simple by reducing the friction points existing in capital raising and creating a private investment that is instant and accessible.
The company's primary focus is streamlining private equity investment negotiations, allowing founders to create a round, define parameters, and invite investors to participate.
It handles the necessary documentation and signatures and promptly performs fund transfers with its software.
Fact: It introduced Tyke Analytics, a platform for automating investor reporting by providing crucial data on the performance of their assets.
Visit their website here (124).
123. Turno.club
Founded: 2021
Headquarters: Bengaluru, India
Company size: 101-151
Industry: Financial Services
Founders: Hemanth Aluru, Sudhindra Reddy
Turno.club, headquartered in Bengaluru and launched in 2021, is an Electric Vehicle startup that assists commercial vehicle operators in achieving the transition toward EVs.
It offers a diverse range of automobiles across partner OEMs, cheap financing, and battery quality guarantees to ensure EV owners get the best return on investment. Seasoned mobility entrepreneurs with a proven track record of value generation established this platform.
Fact: Its objective in India is to migrate from gasoline to electric miles.
Visit their website here (123).
122. Stockgro
Founded: 2020
Headquarters: Bengaluru, India
Company size: 11-20
Industry: Fintech
Founders: Ajay Lakhotia
StockGro, launched in 2020 and headquartered in Bengaluru, is a social investment platform that has gamified the investment path for individuals by streamlining analysis through its virtual stock trading platform.
Users are now incentivized to build portfolios to achieve the highest return, receive real-time money prizes, and obtain public recognition and followers on the platform without risking losing any money.
Fact: It is a hybrid platform that combines fintech and edtech to help users learn stock market trading while creating a higher return on investment.
Visit their website here (122).
121. Statiq
Founded: 2020
Headquarters: Mumbai, India
Company size: 11-20
Industry: Tech & Internet, IoT, EV
Founders: Raghav Arora, Akshit Bansal
Statiq, headquartered in Mumbai and founded in 2020, is an IoT-driven electric vehicle charging marketplace that allows EV customers to identify, book, and digitally pay for charging their cars.
EV users can use the Statiq app to locate local chargers, book them, and make payments directly through the app, which is why it made our list of the most successful startup stories in India in 2023.
Fact: The company already has 700 weekly charging operations and is growing at 10% each week. It also allows anyone to publish their EV stations on the Statiq app.
Visit their website here (121).
120. SmartStaff
Founded: 2020
Headquarters: Bangalore, India
Company size: 41-61
Industry: Tech & Internet
Founders: Arpit Dave, Viral Chhajer, Gnanesh Chilukuri, Aravind Reddy
SmartStaff, headquartered in Bangalore and founded in 2020, assists businesses in sourcing, hiring, managing, engaging, and retaining their blue-collar workforce while also assisting 100 million blue-collar employees in India in finding better jobs by utilizing the resources of technology and the internet.
It removes the limitations of a legacy system. It enables improved hr operations for the manufacturing industry while empowering India's blue-collar worker population to have better job prospects.
Fact: It includes a mobile app, analytical capabilities, and automated reminders to help businesses stay efficient and organized.
Visit their website here (120).
119. ShopSe
Founded: 2020
Headquarters: Mumbai, India
Company size: 151-251
Industry: IT, Tech
Founders: Yagnesh Desai, Pallav Jain, Abhishek Nimonkar
ShopSe, headquartered in Mumbai and established in 2020, is India's largest instant EMI platform, allowing users to pay for purchases in simple, no-cost installments.
It provides a pay-later marketplace and collaborates with retailers and lenders to offer quick financing at the point of purchase.
Fact: It has several partnerships with prominent banks and has added 35,000 merchants as partners and over 120 brand partners in 500 locations.
Visit their website here (119).
118. Rigi
Founded: 2021
Headquarters: Bengaluru
Company size:
Industry: IT, Tech
Founders: Swapnil Saurav, Ananya Singhal
Rigi, headquartered in Bengaluru and launched in 2021, is on a mission to enable creators to control and monetize their communities on any social networking platform.
Furthermore, creators can utilize this platform to develop bespoke courses, hold paid webinars to engage with audiences, and set free and paid forums through its simple interface Rigi App.
Fact: Its purpose is to enable anyone to embrace their interest as a source of revenue successfully.
Visit their website here (118).
117. Raise Financial Service
Founded: 2021
Headquarters: Mumbai, India
Company size:
Industry: Fintech
Founders: Pravin Jadhav, Alok Pandey, Jay Prakash Gupta
Raise Finacial Services, headquartered in Mumbai and launched in 2021, aims to build technology-led products and infrastructure services for supplying Indians with financial services through its first product, "Dhan," an investment tool for elite traders and long-term investors.
It launched early access to its products in September 2021, and by January 2022, it had raised $22 million in a fundraising round.
Fact: Their primary focus is on users in Tier I and II towns and cities.
Visit their website here (117).
116. Pillow Fund
Founded: 2021
Headquarters: Bengaluru, India
Company size: 1-10
Industry: Fintech, Cryptocurrency
Founders: Rajath KM, Kartik Mishra, Arindam Roy
Pillow Fund, headquartered in Bengaluru and launched in 2021, intends to simplify DeFi participation by abstracting all technological, security, and strategy considerations and allowing consumers to earn significant profits on their investment with a single click.
It assists crypto owners in earning yields on existing idle assets and has a global network of users who want to earn income on their crypto rather than letting it stay idle.
Fact: The company went public in 2022 and received $3 million in a seed investment round.
Visit their website here (116).
115. OneCard
Founded: 2019
Headquarters: Pune, India
Company size: 101-151
Industry: Fintech
Founders: Rupesh Kumar, Vibhav Hathi, Anurag Sinha
OneCard, headquartered in Pune and established in 2019, offers smart and metallic credit cards that are redesigned for the smartphone world and are currently available in 12 locations throughout India.
It provides first-time credit card users with a virtual, cellphone-based card for creating a credit score and an equal monthly installments (EMI) facility for purchasing INR 3000 and above at an interest rate of 1.33% for a repayment period of 3-24 months.
Fact: FPL Technologies provides it, and it competes in the credit card disbursing industry with notable unicorns, Slice, and Uni Cards.
Visit their website here (115).
114. Newton School
Founded: 2019
Headquarters: Bengaluru, India
Company size: 41-61
Industry: Ed-Tech
Founders: Siddharth Maheshwari, Nishant Chandra
Newton School, headquartered in Bengaluru and established in 2019, is an ed-tech platform with a unique pay-after-placement approach that helps students to become software developers in India.
With a strong core team of professionals with many years of industry experience, it aims to develop an online university and solve the underlying problem of graduate employability.
Fact: They are backed by various famous investors from around the world and a slew of angel investors such as Kunal Shah, among others.
Visit their website here (114).
113. Neokred
Founded: 2019
Headquarters: Bengaluru, India
Company size: 21-41
Industry: Banking
Founders: Tarun Nazare, Rohith Reji
Neokred, headquartered in Bengaluru and established in 2019, provides an open banking stack that enables corporates, fintechs, and startups to launch their financial services using customized tools.
It aspires to be a significant infrastructure provider that enables any firm to provide open financial services with the assistance of crowdfunding. It gives customers real-time visibility into their activities, customer data, and analytical expense records for improved visibility and decisions.
Fact: Anyone can manage their business spending with the point of their finger and set up customized restrictions specific to the corporate card at the time of issue.
Visit their website here (113).
112. MyMuse
Founded: 2020
Headquarters: Mumbai, India
Company size: 1-10
Industry: Wellness
Founders: Anushka Gupta, Sahil Gupta
MyMuse, headquartered in Mumbai and established in 2020, is a bedroom essentials brand laced with subtle, easy, fun, and approachable items designed to let modern India appreciate and feed their sexual journey with a sense of unconstrained autonomy.
Fact: Their products include natural massage oils, water-based lubricants, and mood-setting premium soy wax candles with a slick full-body personal massager.
Visit their website here (112).
111. Mokobara
Founded: 2019
Headquarters: Bengaluru, India
Company size: 21-41
Industry: Retail
Founders: Sangeet Agrawal, Navin Parwal
Mokobara, headquartered in Bengaluru and established in 2019, is a luggage brand to assist people who are frequent travelers with simplicity and a stylish style. The bags are meant to be durable, lightweight, and secure, addressing the needs of today's travelers.
It aims to provide the most to travelers to make travel smooth and stylish.
Fact: All products are manufactured of high-quality materials and have a warranty. They include carry-on bags, duffel bags, backpacks, and suitcases.
Visit their website here (111).
110. Mojocare
Founded: 2020
Headquarters: Bangalore, India
Company size: 51-101
Industry: Wellness
Founders: Rajat Gupta, Ashwin Swaminathan
Mojocare, headquartered in Bangalore and established in 2020, is a modern clinic specializing in sexual wellness, PCOS, mental health, fertility, hair, weight, and skin disorders affecting half a billion Indians.
It provides tailored and comprehensive care for sexual wellness, women's well-being, hair loss, and mental health. The individualized care delivery system helps customers manage chronic and lifestyle-related illnesses across specialized fitness.
Fact: It brings together the best brains and ideas to solve the most complex and interconnected consumer health challenges in a distribution-first manner, unlocking a giant latent and broken market.
Visit their website here (110).
109. Minimalist
Founded: 2020
Headquarters: Jaipur, India
Company size: 251-501
Industry: Beauty, Personal Care
Founders: Rahul Yadav, Mohit Yadav
Minimalist, headquartered in Jaipur and established in 2020, is a clean skincare brand that sells essential substances that are beneficial and healthy for human skin. It was founded on the conviction that the beauty market demands a transparency revolution.
Various erroneous advice and assertions are being made in the beauty industry, leading to fear-mongering and misinformation, causing customers to make the wrong choice. Minimalist seeks to remove obscurity and reveal absolute truth.
Fact: It provides science-backed goods that are effective and inexpensive, with transparency of the ingredient list as well as supplier details, pH, test results, and so on.
Visit their website here (109).
108. Matter
Founded: 2019
Headquarters: Ahmedabad
Company size: 101-151
Industry: Motor Vehicles
Founders: Arun Pratap Singh, Mohal Lalbhai, Kumar Prasad Telikepalli, Saran Babu
Matter, headquartered in Ahmedabad and established in 2019, is a tech-driven innovative business with the ambition of being India's most dynamic firm moving the country toward a sustainable future.
It is developing future energy goods in the electric car and energy storage sectors, emphasizing R&D, India-specific products, quality through design, India-specific pricing, and functionality.
The company has invented and plans to produce electric two-wheelers in India. Its mobility goods, which incorporate best-in-class technology and unique products, will soon change the user experience.
Fact: The powerplant elements and products are fully designed in-house and can be purchased locally.
Visit their website here (108).
107. Loop Health
Founded: 2018
Headquarters: Pune, India
Company size: 61-101
Industry: Health-Tech, Health Care
Founders: Mayank Kale, Ryan Singh, Amrit Singh, Shami Raj
Loop Health, headquartered in Pune and established in 2018, is a health insurance startup developing a system that gives every customer unrestricted access to certified Loop Health facilities and its app-based telemedicine solution.
The platform's core vision is to build a healthcare facility where practitioners genuinely take care of their patients, proactively manage health, and assist families in locating affordable treatments, shifting healthcare providers away from being paid to treat sickness and toward being compensated for keeping patients healthy.
Fact: It has collaborated with Ruby Hall and Sancheti Hospital in Pune and is advised by technologists and medics from the University of Cambridge, among others.
Visit their website here (107).
106. Kutumb
Founded: 2020
Headquarters: Bengaluru, India
Company size: 101-151
Industry: Social Networking
Founders: Mohit Sharma, Abhishek Kejriwal, Naveen Dewangan, Vipul Allawadhi
Kutumb, established in 2020 and headquartered in Bengaluru, is India's leading networking platform with a corporate twist for many communities across India. Since India has many region-based communities, this platform helps strengthen and keep the community networking together.
It offers an opportunity for everyone to represent themselves, share their stories, and interact with others in the community who share their interests.
Fact: The platform allows users to discreetly create and join groups, engage in events, and discover new talents.
Visit their website here (106).
105. Kuhoo
Founded: 2021
Headquarters: Mumbai, India
Company size: 41-61
Industry: Fintech
Founders: Prashant Bhonsle
Kuhoo, headquartered in Mumbai and established in 2021, provides online loans to students who want to study in universities in India or abroad but want to use technology and data science to create products that allow them to take financial responsibility for themselves rather than relying on their parents.
The platform's built student load packages provide customizable payback and self-service alternatives via an engaging mobile app and website access. It provides products in various categories, such as MBD, online classes, coaching classes, engineering, etc.
Fact: The platform collaborates with banks, NBFCs, prominent institutions, and coaching centers to increase accessibility everywhere.
Visit their website here (105).
104. Junio
Founded: 2020
Headquarters: Delhi, India
Company size: 21-40
Industry: Fintech
Founders: Shankar Nath, Ankit Gera
Junio, headquartered in Delhi and established in 2020, is a smart card for kids and their online and offline spending, where they can discover how to earn, invest, and save while parents can keep track of all their actions.
Junio assures that children never run out of funds in an emergency, even if they are elsewhere. It works similarly to a prepaid card because kids can only expend what they have loaded onto it.
Fact: It encourages interaction, early money education and earning activities, desired behavior, and general financial awareness in youngsters.
Visit their website here (104).
103. Jodo
Founded: 2020
Headquarters: Bengaluru, India
Company size: 41-61
Industry: Fintech
Founders: Atulya Bhat, Koustav Dey, Raghav Nagarajan
Jodo, headquartered in Bengaluru and launched in 2020, aims to serve the needs of middle-income people in urban India by developing customized financial products for them.
It seeks to assist families in managing their children's educational expenses. It also allows consumers to turn the bumpy two to three installments into a quarterly payment plan with a zero percent interest rate.
Fact: There is no interest charged on the fees, merely a small one-time administrative fee for registering parents in the payment plan.
Visit their website here (103).
102. Jiraaf
Founded: 2021
Headquarters: Bengaluru
Company size: 51-100
Industry: Financial Services
Founders: Vineet Agrawal, Saurav Ghosh
Jiraaf, headquartered in Bengaluru and established in 2021, is a marketplace for new-age high-yield fixed-income investments. They aspire to simplify and democratize access to alternative investments.
It aims to assist individual investors in obtaining higher returns by investing in high-quality possibilities beyond stocks, real estate, fixed deposits, and gold.
Fact: It is a transversal platform that offers a variety of fixed-income alternative products.
Visit their website here (102).
101. Hyperface
Founded: 2021
Headquarters: Bengaluru, India
Company size: 41-61
Industry: IT
Founders: Ramanathan RV, Aishwarya Jaishankar
Hyperface, headquartered in Bengaluru and launched in 2021, is a post-modern banking-as-a-service startup that assists businesses in generating and marketing their credit cards. It provides two goods. The first is CCAAS, which helps fintech, neobanks, and companies to establish anything from onboarding to card control.
Second, it has collaborated with prominent prepaid payment instruments to develop a prepaid product for BNPL. Its primary clientele is e-Commerce enterprises, and it generates money through a pay-as-you-go pricing model.
Fact: Hyperface eliminates all technological drudgeries of back-end API interfaces and red tape, delivering a tenfold reduction in time to market.
Visit their website here (101).
100. Headfone
Founded: 2018
Headquarters: Bengaluru
Company size: 11-20
Industry: Electronics
Founders: Pratham Khandelwal, Yogesh Sharma
Headfone, based in Bengaluru and established in 2018, is a community audio platform that allows you to record, listen to, and share audio. It is a platform for creators where you can develop audio content with your listeners and audience.
It has over 15 million listeners and allows users to create original audio shows for the site in partnership with authors, voice actors, and others.
Fact: It collaborates with writers, voice actors, musicians, and sound engineers to create original audio entertainment for the platform.
Visit their website here (100).
99. Growth School
Founded: 2021
Headquarters: Bengaluru, India
Company size: 11-20
Industry: Ed-Tech
Founders: Vaibhav Sisinty
Growth School, established in 2021 and headquartered in Bengaluru, boasts the top 1% of professors for producing higher CBCs on personal and professional development for students globally. It provides an exciting learning environment, which universities currently do not offer.
It maintains topical by co-creating hands-on training with top professionals who find academic knowledge uninteresting. Its mentors are professionally educated to assist students in smoothing out their careers and avoiding potholes and roadblocks and teach them practically with prime examples.
Fact: Growth School exclusively works with the top 1% of professionals, and all programs are co-created to provide an in-depth learning experience.
Visit their website here (99).
98. Getpowerplay
Founded: 2020
Headquarters: Bengaluru, India
Company size: 41-61
Industry: IT, Construction
Founders: Iesh Dixit, Shubham Goyal
Getpowerplay, headquartered in Bengaluru and established in 2020, is streamlining collaboration and communication for the construction sector by empowering construction workers with technology to accelerate Indian infrastructure development.
They want to improve infrastructure development by digitizing the construction business through innovation and creativity. Users can develop detailed project plans, assign work to engineers, and manage the office to receive regular updates and identify issues that cause delays.
Fact: Their simple mobile application simplifies registration, sending, and tracking equipment and labor for everyone in the construction industry.
Visit their website here (98).
97. FRND
Founded: 2019
Headquarters: Bengaluru, India
Company size: 21-40
Industry: Media
Founders: Bhanu Pratap Singh Tanwar, Hardik Bansal, Harshvardhan Chhangani
FRND, headquartered in Bengaluru and established in 2019, is an audio romance and friend discovery company, or in short, a dating app that allows users to connect via live-streamed FRND dating and audio games such as Voice match, etc., all to create one-to-one interactions and connections.
Fact: The company is developing exciting growth, user activation problem statements, and revenue-generating products such as virtual giving.
Visit their website here (97).
96. Foxtale
Founded: 2021
Headquarters: Mumbai, India
Company size: 41-60
Industry: Health Care, Retail
Founders: Romita Mazumdar
Foxtale, headquartered in Mumbai and established in 2021, is a community-first healthcare brand dedicated to making effective skincare available and affordable to everyone. Foxtale introduced four fundamental products that represent a four-step skincare routine.
Since then, it has discovered a product-market fit and estimates a 50% repeat rate. It also asserts that it only launches items once 97% of its community acknowledges and supports their efficacy.
Fact: Foxtale is believed to compete with the top gunners, Nykaa, Mamaearth Wow Skin Science, SUGAR, and others.
Visit their website here (96).
95. Fanclash
Founded: 2020
Headquarters: Gurugram, India
Company size: 21-40
Industry: Tech, Gaming
Founders: Richa Singh, Rishabh Bhansali
Fanclash, headquartered in Gurugram and established in 2020, is an e-sports startup that allows players to compete, access curated content, and get a daily dose of adrenaline by playing fantasy leagues on prominent esports from across the world.
It also sponsors esports competitions and aims to establish an esports gaming ecosystem. Depending on your level of expertise, you can participate in fantasy games.
Fact: It employs patented real-time fantasy technology to create innovative gaming based on live events.
Visit their website here (95).
94. Faarms
Founded: 2020
Headquarters: Bengaluru, India
Company size: 151-251
Industry: Agri-Tech, Agri-Ed
Founders: Taranbir Singh, Alok Duggal
Farms, headquartered in Bengaluru and established in 2020, is a cutting-edge digital platform that caters to farmers' requirements by offering a wide range of products and services such as seeds, insecticides, animal feed, nutrients, and more, all of which are delivered to their doorstep.
It also provides Faarms TV, a knowledge-exchange platform that offers farmers with best farming methods and relevant information from agri-experts/scientists. This website offers videos on various agricultural topics and educates in depth virtually.
Fact: Users can install the Faarms TV app to gain access to farming-related knowledge, products, and services all in one spot, designed just for farmers.
Visit their website here (94).
93. Exponent Energy
Founded: 2020
Headquarters: Bengaluru, India
Company size: 21-40
Industry: Motor Manufacturing
Founders: Arun Vinayak, Sanjay Byalal Jagannath
Exponent Energy, headquartered in Bengaluru and established in 2020, is streamlining energy for electric vehicles by creating a Flexible Energy Stack.
The business has created the E-pack & E-pump, a battery pack and charging station that together unlock a 0 to 100% quick charge in 15 minutes of EVs with any number of wheels and a 3000 cycle life warranty, all while utilizing affordable Li-ion cells to make rapid charging scalable.
Fact: Its initial product is a 15-minute rapid charger with a 3000-cycle life on standard Li-ion cells.
Visit their website here (93).
92. EnsuredIT
Founded: 2019
Headquarters: Gurugram
Company size: 21-40
Industry: Insurance
Founders: Amit Boni, Vikas Ranga, Rohit Sadhu, Sachin Mandon
Ensuredit, headquartered in Gurugram and established in 2019, is a platform that is integrated via APIs with leading insurance carriers in both term and non-life categories. It intends to disrupt the insurance business in India and usher in a new era of development via technology.
It is built on the Platform-as-a-Service business model to assist brokers, corporate agents, IMFs, and insurers in improving revenue. Its extensive offerings include onboarding, payment processing, policy insurance, quotation production and analysis, cross-sell and upsell identification chances, and proposal preparation.
Fact: Its API-integration platform enables access to AI-powered distributors, faster processes, AI-based analytics, and an open APIs suite for a transformative client experience.
Visit their website here (92).
91. ElectricPe
Founded: 2021
Headquarters: Bengaluru, India
Company size: 41-61
Industry: Electronic Services
Founders: Avinash Sharma, Raghav Rohila, Jaikrishnan Jaisankar, Venkatesh Porupureddi, Krishnan Sekar
ElectricPe, headquartered in Bengaluru and established in 2021, is working hard to build India's largest electric car charging infrastructure by collaborating with hundreds of independent charge station providers servicing various communities.
The ElectricPe app provides access to hosting information about charging EVs and affordable charging sites. The company intends to establish charging stations in collaboration with several market partners.
Fact: Due to its growing popularity, ElectriPe estimates that the nation will ultimately have more than 5,000,000 charging points.
Visit their website here (91).
90. Eka Care
Founded: 2020
Headquarters: Bangalore, India
Company size: 41-61
Industry: Health Care
Founders: Vikalp Sahni
Eka Care is a startup headquartered in Banglore that was established in 2020 to create a digitally empowered and linked healthcare environment that is critical for improved health outcomes.
It commenced with 24-hour free consultation for COVID-19 patients and has already onboarded 250 doctors, 100 of whom are assisting COVID-19 patients. The technology also allows patients and doctors to communicate 24 hours a day, seven days a week.
Fact: Patients can consult with COVID-19 professional doctors 24/7.
Visit their website here (90).
89. Ed-a-Mamma
Founded: 2020
Headquarters: Mumbai
Company size: 1-10
Industry: Clothing, Retail
Founders: Alia Bhatt
Ed-a-Mamma, headquartered in Mumbai and established in 2020, is a conscientious clothing brand that nurtures children's love of nature through its collection of elegantly designed playwear for children.
Ed-a-Mamma is also reported to be a series of books, with many more to come, all designed to help everyone put the planet first and raise a conscious generation, one product at a time, with a collection celebrating nature with distinctive prints and accessible accessories.
Fact: The material used is of the most incredible quality and very soothing on the skin, with designs designed to generate ideas for new stories.
Visit their website here (89).
88. Drivetrain
Founded: 2021
Headquarters: Bangalore, India
Company size: 21-40
Industry: Financial Services
Founders: Alok Goel, Tarkeshwar Thakur, Saurav Bhagat
Drivetrain, headquartered in Banglore and launched in 2021, is a SaaS platform that assists finance teams in developing integrated business plans, budgets, and projections and tracking success against targets.
The cloud-based SaaS platform connects data from over 200 regularly used business products, notably Salesforce, Quickbooks, Netsuite, Looker, and Workday, spanning CRM, ERP, and HRMS operations.
Fact: Financial institutions, corporations, and other organizations worldwide employ the company's services.
Visit their website here (88).
87. Dezerv.
Founded: 2021
Headquarters: Mumbai, India
Company size: 21-41
Industry: Fintech
Founders: Sandeep Jethwani, Vaibhav Porwal, Sahil Contractor
Dezerv, based in Mumbai and established in 2021, is a financial advisory firm that provides Indian professionals with a tech-driven network where they can obtain expert guidance on money management.
The company intends to provide deep investigation securities and high-quality pre-IPO opportunities to their customers and help with quality wealth management and asset management advisory in the country.
Fact: The mutual fund portfolios are built utilizing cutting-edge investment theory and years of investment experience.
Visit their website here (87).
86. Devtron
Founded: 2019
Headquarters: Gurugram
Company size: 41-61
Industry: IT
Founders: Prashant Ghildiyal, Nishant Kumar
Devtron, headquartered in Gurugram and founded in 2019, is reinventing the framework of how DevOps should be performed with its premier framework: Release Orchestration and Application Lifecycle Management of Applications on the Kubernetes open-source platform, assisting companies in reducing their go-to-market time in a secure, cost-effective, and stable manner.
Devtron is constantly researching new technologies and trends to provide its customers with high-performance, secure and dependable DevOps solutions.
Fact: It was founded by industry professionals with over 30 years of expertise and had various technically sophisticated companies as clientele.
Visit their website here (86).
85. Deep Rooted
Founded: 2018
Headquarters: Bengaluru, India
Company size: 51-100
Industry: Agri-Tech
Founders: Avinash B R, Santosh Narasipura, Gururaj Rao, Arvind Murali
Deep Rooted, headquartered in Bengaluru and established in 2018, specializes in demand-backed supply chains for perishable products, emphasizing quality, stability, traceability, and predictability.
It is a direct-to-customer brand that provides the finest fruits and vegetables to educate the local and larger community about mindful living. Its primary goal is to create a one-stop platform that users can rely on for newly planted and nutritious fruits and veggies.
Fact: It is a directory of all fresh items, including more than 200+ vegetables and fruits.
Visit their website here (85).
84. Crypso
Founded: 2021
Headquarters: Bangalore, India
Company size: 21-61
Industry: Cryptocurrency, Digital Financial Services
Founders: Suraj Kalwani, Rakesh Raman, Ravi Chirania
Crypso, headquartered in Banglore and established in 2021, is a longitudinal social network for crypto devotees that allows users to study and find the latest crypto trends and engage via one-click trade signals from supporters on multiple altcoins.
Crypso's objective is to democratize cryptocurrency for millions in India and worldwide. Cryptocurrency, according to the business, is a communal and community-driven phenomenon. Its platform also includes advanced features such as leverage, spot, and derivatives trading to ensure a quick and secure trading experience.
Fact: Crypso provides consumers with tools for optimizing their trading experience, including charts, analytics, and market data, which landed them on our list of the Top New-Age Startups of 2023.
Visit their website here (84).
83. Corrit Electric
Founded: 2020
Headquarters: Gurugram, India
Company size: 51-100
Industry: Automobile
Founders: Nishan Kapoor, Mayur Misra
Corrit Electric, headquartered in Gurugram and launched in 2020, is a new-age EV manufacturer promising to alter how India and the world travel with its outstanding designs and manufacture of electric vehicles.
It soon became one of India's leading EV companies, designing and manufacturing vehicles, and noted for advanced technology, unique design, and exceptional performance. The organization is dedicated to providing high-quality items and excellent customer service.
Fact: It has several electric integrations, including Bluetooth, keyless ignition, geolocation, and emergency assistance.
Visit their website here (83).
82. CheQ Digital
Founded: 2022
Headquarters: Bengaluru, Karnataka
Company size: 1-10
Industry: Financial Services
Founders: Aditya Soni
Cheq digital, headquartered in Bengaluru and launched in 2022, is a platform for monitoring, controlling, and paying credit obligations. Its objective is to assist customers in discovering and managing their credit products.
This startup is currently in pre-product mode and is in stealth mode. Still, its primary goal is to improve clients' credit health by allowing them to track and manage their credit payments on a single platform.
Fact: Cheq digital's system is more precise and effective than old techniques, providing customers with complete fairness and transparency when obtaining credit.
Visit their website here (82).
81. Centricity Wealth
Founded: 2022
Headquarters: Delhi, India
Company size: 21-40
Industry: Financial Services
Founders: Manu Awasthy, Gaurav Tiwari, Aditya Shankar, Pushpendra Singh, Manish Sharma, Sachin Jasuja, Nikhil Golatkar, Mandeep Kaur Randhawa, Ishkaran Chhabra, Kunal Shrivastav
Centricity Wealth, based in Delhi and created in 2022, is India's first electronic private wealth management platform that provides a service to Independent Financial Advisors.
The platform aims to provide a complete SaaS-based investment management platform that includes digital transaction capabilities for a diverse product portfolio.
Fact: It intends to offer uniformity to the family administrative experience for a wide range of investors, including emerging affluent and high-net-worth individuals.
Visit their website here (81).
80. Blue Tribe Foods
Founded: 2019
Headquarters: Mumbai, India
Company size: 11-20
Industry: Food & Beverage
Founders: Sandeep Singh, Nikki Arora Singh
Blue Tribe Foods, headquartered in Mumbai and formed in 2019, is India's first plant-based meat company, offering an alternative to meat consumption in India by recreating the features of meat protein via plant-based proteins derived from plants.
It is on a mission to revolutionize how the world consumes by utilizing innovation and research in Food and Science as the enterprise produces meat from renewable plant-based sources that is organic and delicious while benefiting the environment and the earth positively.
Fact: Blue Tribe Foods' product range mixes Soy and Pea Protein to replicate meat nearly as possible.
Visit their website here (80).
79. BlissClub
Founded: 2020
Headquarters: Bengaluru, India
Company size: 1-10
Industry: FashionTech, Retail
Founders: Minu Margeret
Bliss Club, based in Bengaluru and launched in 2020, is a community-focused firm that creates technical apparel for women and aims to make sportswear exclusively for women in India.
Its product line includes "the ultimate leggings," which are specifically sized for Indian women and have an extremely high waist and pockets, letting them wear them for more extended periods without feeling constrained.
It claims to have a positive "EBITDA" and a robust network of over 15,000 women on Instagram and WhatsApp.
Fact: With its diverse body shapes, climatic circumstances, and distinct sensibility matched according to India, Bliss Club has discovered a significant product gap in the market.
Visit their website here (79).
78. Battery Smart
Founded: 2019
Headquarters: New Delhi, India
Company size: 1-10
Industry: Electronics
Founders: Pulkit Khurana, Siddharth Sikka
Battery Smart, headquartered in New Delhi and created in 2019, is a network of EV-battery changing stations for electric three-wheeler rickshaws and two-wheelers.
It provides superior Li-ion batteries for e-rickshaws with a subscription model. The operator can stop at any company's partner charging stations and exchange a fully charged battery for a drained battery before returning to the road to continue their operation.
Fact: The platform intends to enhance the livelihoods of e-rickshaw drivers by doubling their daily earnings.
Visit their website here (78).
77. Artium Academy
Founded: 2021
Headquarters: Mumbai, India
Company size: 11-20
Industry: Music, Ed-Tech
Founders: Ashish Joshi, Nithya Sudhir
Artium Academy, based in Mumbai and launched in 2021, provides access to unique Masterclasses by Maestros to make studying entertaining and accessible to individuals of all ages through its Online Music Elearning platform.
Its program is performance-based, designed by industry masters, taught one-on-one by its teachers, and delivered via patented technology courses such as vocals, strings, etc.
Fact: Its Maestros include Sonu Nigam, Aruna Sairam, and several other industry titans!
Visit their website here (77).
76. Appsmith
Founded: 2019
Headquarters: Bangalore, India
Company size: 51-100
Industry: IT
Founders: Nikhil Nandagopal, Abhishek Nayak, Arpit Mohan
Appsmith, based in Banglore and established in 2019, is the first open-source low-code solution that allows developers to create panels and admin interfaces.
Communication channels, dashboarding, visual analytics, authentication, authorization, and other capabilities and integrations are available through the platform.
Fact: Appsmith automates all operations and allows the staff to interact with existing databases.
Visit their website here (76).
75. Apnaklub
Founded: 2020
Headquarters: Bangalore, India
Company size: 11-20
Industry: E-Commerce
Founders: Manish Kumar, Shruti
Apnaklub, headquartered in Bengaluru and launched in 2020, wants to alter the retail and wholesale FMCG distribution ecosystem in India with its authorized distributor B2B platform based in India's Tier II and III sectors.
It enables its customers in semi-urban and rural areas by offering organized supply and online equipment to develop an efficient micro-business that caters to the needs of shopkeepers and huge communities around them.
Fact: It promises to have served 2500+ customers throughout 4500 pin codes within seven months of its founding.
Visit their website here (75).
74. Agrim
Founded: 2020
Headquarters: Gurgaon, India
Company size: 151-251
Industry: Agri-Tech Retail
Founders: Avi Jain, Mukul Garg
Agrim, headquartered in Gurgaon and established in 2020, provides merchants with the technology to offer a comprehensive product variety at a suitable procurement price, store deliveries, and flexible payment methods.
It is a B2B agri-input e-Commerce platform that connects rural merchants directly with manufacturers and provides value-added solutions for distribution, shipping, marketing, and credit in India's $50 billion agri-input business.
Fact: Agrim curates a comprehensive portfolio of a farmer's products and sells them to thousands of shops through its platform, as well as handling payments and deliveries.
Visit their website here (74).
73. 82°E
Founded: 2021
Headquarters: Mumbai, India
Company size: 21-40
Industry: Skin Care
Founders: Deepika Padukone, Jigar Shah
82°E is a skincare line launched in 2021 and headquartered in Mumbai. It commenced its brand with its Ashwagandha Bounce moisturizer and patchouli Glow sunscreen in November 2022.
Since its inception, it claims to have served clients in over 30 countries and has created shipping capabilities to over 200 nations.
Fact: Its legal name is DPKA Universal Consumer Ventures Pvt. Ltd.
Visit their website here (73).
72. FreightFox
Founded: 2020
Headquarters: Pune, India
Company size: 11-20
Industry: Logi-Tech
Founders: Nitish Rai, Sandeep Mukhopadhyay, Manjari Sharma
FreightFox, headquartered in Pune and launched in 2020, is a technology-driven Logistics provider for Manufacturing Enterprises, providing significant enterprise freight procurement, management, and mobility solutions backed by its Freight Intelligence Engine.
It seeks to change the freight landscape in India by combining technology and data to create innovative possibilities and marquee manufacturing businesses back it.
Fact: Freightfox uses one-on-one and skip-level sessions to monitor and measure the organization's overview, motivation, and growth to help them remain ahead of any scenario.
Visit their website here (72).
71. Powerhouse 91
Founded: 2020
Headquarters: Gurgaon, India
Company size: 11-40
Industry: E-Commerce, Retail
Founders: Aqib Mohammed, Shashwat Diesh
Powerhouse 91, headquartered in Gurgaon and launched in 2020, acquires and maintains e-Commerce brands built by Indian online vendors to consolidate and accelerate their growth.
They strive to provide a platform for their related businesses' growth by assisting them in ultimately realizing their growth potential through significant growth capital, extensive commerce knowledge across multiple segments of marketing and operations, and shared synergies throughout the entire tree of brands.
Fact: The company uses expansion capital and broad e-commerce capabilities to take purchasing brands to the next level.
Visit their website here (71).
70. Love Earth
Founded: 2018
Headquarters: Delhi, India
Company size: 21-40
Industry: Skin Care
Founders: Paridhi Goel
Love Earth, based in Delhi and started in 2018, delivers organic skin care products free of chemicals.
It provides a wide range of products, such as selected leaves for its organic "tea," natural-organic substances in its skin care products, and so on, to provide everything naturally for its clients, which is also the best.
Fact: Love Earth produces a blend of Ayurveda and science, with many top-selling items, including 24k gold glass face oil, eyelash serum, and its best vitamin C skincare and green tea collections.
Visit their website here (70).
69. Coine.ai
Founded: 2020
Headquarters: Hyderabad, India
Company size: 151-250
Industry: AI, Fintech
Founders: Racharla Manikanta, Chaitanya V, Raghu Muvvala
Coine.ai, headquartered in Hyderabad and established in 2020, is built on machine learning models to provide an end-to-end p2p lending solution that prioritizes clients foremost.
Coine.ai also enables banks and NBFCs in India to provide loans to the unbanked population, Millennials, through its robust and diverse lending management system.
Fact: Coine.ai intends to help financial services organizations process more than INR 30 crore daily transactions.
Visit their website here (69).
68. Turiya Investments
Founded: 2021
Headquarters: Gurugram, India
Company size: 21-40
Industry: Fintech
Founders: Luke Talwar, Bhavook, Shruti
Turiya Investments, headquartered in Gurugram and launched in 2021, is an investment platform that assists businesses with financial and strategy requirements. It is a private equity-focused investment consulting firm.
It intends to collaborate with dynamic entrepreneurs running market-leading growth enterprises to link them with potential buyers from its pool. It financially and strategically supports companies and nurtures them until they can operate independently.
The company intends to turn the concept into a force for generating startup funding, making it a simple and accessible task for every entrepreneur or investor.
Fact: It creates a forward-thinking strategy for investing in startup firms based on reliable methods, a sense of principles, and creative approaches.
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67. Recode Studios
Founded: 2020
Headquarters: Ludhiana, India
Company size: 1-10
Industry: Beauty-Tech
Founders: Dheeraj Bansal
Recode Studios, headquartered in Ludhiana and established in 2020, is a top professional cosmetic firm with unequaled competence in cosmetic products.
It is a company made up of seasoned cosmetic specialists passionate about driving excellence in the personal care and beauty industries.
Recode aspires to be the country's most prominent platform for offering various beauty and lifestyle brands as a one-stop site for all types of beauty and care items for every customer.
Fact: The company has been instrumental in blending quality and creativity in all of its products, and it aspires to integrate Universal Studio Arte into the industry.
Visit their website here (67).
66. Virohan
Founded: 2018
Headquarters: Gurgaon, India
Company size: 101-250
Industry: Ed-Tech, Health Care, Corporate Training
Founders: Archit Jayasal, Kunaal Dudeja, Nalin Saluja, Paarul Dudeja
Virohan, based in Gurgaon and established in 2018, is re-engineering technical education to use technology to create a livelihood for the young. It is dedicated to providing a living for low-income youth.
It is working to fulfill its pledge to address a fundamental issue that India is facing: a shortage of technically trained workers for low and mid-level occupations.
Fact: Virohan aspires to build India's leading healthcare vocational training organization focused on performance!
Visit their website here (66).
65. Verak
Founded: 2020
Headquarters: Mumbai, India
Company size: 1-10
Industry: Fintech, InsurTech
Founders: Rahul Mathur
Verak, headquartered in Mumbai and established in 2020, intends to simplify insurance for professionals by utilizing Indian architecture. Furthermore, it is supported by Y Combinator and wants to enable consumers to handle their family insurance smoothly.
Users can get an overview of all their insurance policies, find hidden coverage from their cards and provident fund, and make one-click claims.
Fact: Verak has cooperated with MeitY and implemented DigiLocker. It also intends to integrate an account aggregator, insurers to get policy documentation, and the Health stack to provide a more personalized purchase experience.
Visit their website here (65).
64. F5 Refreshment
Founded: 2018
Headquarters: New Delhi, India
Company size: 51-100
Industry: Food Tech, Food & Beverage
Founders: Lalit Aggarwal, Raghav Arora
F5 Refreshment, headquartered in New Delhi and launched in 2018, provides chances for its partner vendors to upsell and cross-sell their offerings ranging from various refreshment services.
It wants to create a frequent participatory mini-market that will allow its partners to increase sales by 40%. Huddle, a Gurugram-based incubator, is now incubating the firm.
Fact: F5 Refreshment's current go-to-market offering is "tea."
Visit their website here (64).
63. Aknamed
Founded: 2018
Headquarters: Bengaluru, India
Company size: 51-100
Industry: Supply Chain, Health-tech
Founders: Saurabh Pandey, Varun Vohra
Aknamed, headquartered in Bengaluru and established in 2018, optimizes hospital procurement through its tech-enabled pan-India distribution chain. Its crew has decades of experience in healthcare, giving it a respectable image in the industry.
The technology enables hospitals, clinics, and nursing homes to track product mobility and utilization across tens of thousands of products across the country, making it easier and better to make patient care decisions.
Fact: Aknamed's mission is to ensure that people receive proper healthcare supplies whenever and wherever they need them.
Visit their website here (63).
64. Credflow
Founded: 2019
Headquarters: New Delhi, India
Company size: 1-10
Industry: Fintech, Credit
Founders: Kunal Aggarwal
Credflow, based in New Delhi and established in 2019, is a fintech firm that aims to solve the most stressful problem for SMEs: cash flow management.
It enables SMEs to release working capital for better financial management by providing timely insights through a platform of pending amounts by customers, confirming invoices, negotiating discounts for prompt payment, and sending regular payment reminders.
Fact: Credflow intends to provide a full-stack solution that covers cash flow financial solutions, payment management, and treasury management to optimize cash flow and accelerate growth.
Visit their website here (64).
63. Fyllo
Founded: 2019
Headquarters: Bengaluru, India
Company size: 11-50
Industry: AI, Ag-tech
Founders: Sachin Gautam, Sudhanshu Rai, Sumit Sheoran
Fyllo, headquartered in Bengaluru and established in 2019, intends to assist farmers in growing export-quality crops via its data-driven infrastructure backed by IoT, agronomy, and AI.
It has built crop-specific simulations for diseases, pests, weather management, nutrients, irrigation, and every physiological step thus far. It claims to deliver optimal cultural techniques at each stage of crop growth.
Fact: It was founded on a data-driven assistance system for farmers to reduce crop loss and lower production costs.
Visit their website here (63).
62. Zolve
Founded: 2020
Headquarters: Bengaluru, India
Company size: 11-50
Industry: Fintech, Banking
Founders: Raghunandan G.
Zolve, headquartered in Bengaluru and established in 2020, aspires to create a borderless financial world. It enables customers to apply for a US bank account and a US credit card even before they travel to America.
With its cross-border capabilities, Zolve has re-engineered banking to make money work for their customers and their global objectives, enabling individuals to save money and invest further, allowing them to be financially capable and empowered to pursue their desire.
Fact: Zolve aspires to create a globalized financial world by providing fair access to global economic goods through its platform.
Visit their website here (62).
61. Liquiloans
Founded: 2018
Headquarters: Mumbai, India
Company size: 11-50
Industry: Fintech
Founders: Achal Mittal, Gautam Adukia
Liquidloans, headquartered in Mumbai and formed in 2018, is a central peer-to-peer lending platform that employs technology to connect borrowers with lenders while eliminating the margin paid by conventional banks and NBFCs.
This technologically driven approach makes borrowing less expensive and investing more profitable than traditional investment routes.
Fact: Matrix Partners is the company that funds Liquidloans.
Visit their website here (61).
60. Setu
Founded: 2018
Headquarters: Bengaluru, India
Company size: 11-50
Industry: Fintech
Founders: Sahil Kini
Setu, headquartered in Bengaluru and established in 2018, is an API infrastructure firm that provides APIs for savings, credit, and bill payments, among other things. Its goal is to assist other startups in becoming financial enterprises.
It also enables businesses to accept bill payments from any payment system, receive fast credit alerts, and send real-time receipts to their consumers.
Fact: It gives programmers modular APIs, enabling them to develop financial products tailored to the demands of their users.
Visit their website here (60).
59. DaMENSCH
Founded: 2018
Headquarters: Bengaluru, India
Company size: 11-50
Industry: E-Commerce, Retail
Founders: Anurag Saboo, Gaurav Pushkar
Damensch, headquartered in Bengaluru and established in 2018, is a premium innerwear company for men that offers "deo-soft" odor-canceling underwear and "neo-skin" thermo-regulating vests made from a carefully curated blend of sustainable bamboo fibers.
The brand's target clientele is between the ages of 20 and 45, and it sells via its website and other e-commerce merchants.
Fact: Damensch's packaging is made of corn and contains no plastic.
Visit their website here (59).
58. Myelin Foundry
Founded: 2019
Headquarters: Bengaluru, India
Company size: 11-50
Industry: AI-ML, Health Care, Media & Entertainment, Deep tech
Founders: Aditi Olemann, Ganesh Suryanarayanan, Gopichand Katragadda
Myelin Foundry is a deep-tech product company based in Bengaluru that creates AI algorithms for transforming human experiences and industrial outcomes on sensor data, speech, video, and other edge devices, etc.
Fact: Myelin Foundry also provides super HD zero-buffering viewing on any network while saving time and money.
Visit their website here (58).
57. Flatheads
Founded: 2019
Headquarters: Bengaluru, India
Company size: 11-50
Industry: E-Commerce, Retail
Founders: Ganesh Balakrishnan, Utkarsh Biradar
Flatheads, headquartered in Bengaluru and started in 2019, is a direct-to-consumer (D2C) business that creates everyday casual shoes with practical designs for busy lifestyles.
Flatheads were created for the discerning audience, with a delicate, minimalist style to complete the regular appearance. Its sneakers are designed for the casual workwear culture of India.
Fact: It has a simple logo with distinctive colors that are one-time stitching, making the shoes perfect for a work desk or a client meeting.
Visit their website here (57).
56. Piggyride
Founded: 2019
Headquarters: Bengaluru, India
Company size: 11-50
Industry: IT Services, Transportation
Founders: Manish Tewari, Rohan Kaushal
Piggyride, headquartered in Bengaluru and established in 2019, is a mobility startup for children that eliminates the stress of parents being busy in their jobs in the chaotic city. It serves children from over 50 academic institutions, daycare centers, and schools.
For onboarding drivers and ensuring optimum protection for the children, the firm employs a 15-step verification procedure that includes a thorough background check and police verification.
Fact: Its vehicles are outfitted with various technological equipment that allows it to follow a child's location in real time.
Visit their website here (54).
55. Leap Finance
Founded: 2019
Headquarters: Bengaluru, India
Company size: 1-10
Industry: Fintech, Lending
Founders: Arnav Kumar, Vaibhav Singh
Leap Finance, headquartered in Bengaluru and established in 2019, provides innovative financial solutions and services to assist Indian students in pursuing jobs worldwide.
Leap is an educational technology firm that provides counseling and funding to prospective international students. The company runs Leap Finance and Leap Scholer, an end-to-end internet platform for students pursuing international education.
Fact: For candidates, Leap Scholar and Leap Finance provide counseling, visa services, and test preparation for IELTS and other tests.
Visit their website here (55).
54. Lido
Founded: 2019
Headquarters: Mumbai, India
Company size: 501-1001
Industry: Ed-Tech
Founders: Sahil Sheth
Lido, headquartered in Mumbai and started in 2019, is an online education platform that provides live lessons with personalized and relevant coaching sessions for kids in grades 5-9 in Math and Sciences, primarily for the CBSE and ICSE boards.
Lido tracks each student's performance from start to finish by personalizing their learning journey, emphasizing weaker areas, and rendering it one of the best available platforms.
Fact: It delivers learning sessions with animated films, interactive gaming, quizzes, and so on.
Visit their website here (54).
53. Arzooo.com
Founded: 2018
Headquarters: Bengaluru, India
Company size: 251-500
Industry: Retail, Electronics
Founders: Khushnud Khan, Rishi Raj Rathore
Arzooo, headquartered in Bengaluru and established in 2018, is promoting its aim of changing old stores into modern businesses by empowering over 500,000 medium and small companies on its software platform (Arzooo Go Store).
Its technology assists stores in obtaining gadgets at the most incredible price and providing them with various products without requiring them to invest in inventory, which is an essential factor.
Fact: Arzooo.com intends to disrupt offline shopping and anticipates a $60 billion+ electronics retail marketing sector in India in the future.
Visit their website here (53).
52. Unlu
Founded: 2020
Headquarters: Gurgaon, India
Company size: 11-50
Industry: Media & Entertainment
Founders: Akshay Pruthi, Anurag Dalia, Himanshu Periwal, Vipul Agrawal
Unlu, a media, and entertainment firm headquartered in Gurgaon and established in 2020, have amassed over one million subscribers since its inception.
With over 2000 celebrities linked and active with its campaign and platform, it focuses on celebrity interactions for its consumers and brands.
Unlu is the place to study and connect with top creators to advance your career, launch or develop content, build a brand, or engage with large communities.
Fact: Unlu claims to have excellent celebrity growth with key profiles such as Harbhajan Singh and Shaan, as well as brands such as Flipkart, MPL, and others associated.
Visit their website here (52).
51. INDwealth
Founded: 2018
Headquarters: Gurgaon, India
Company size: 101-250
Industry: AI, Fintech
Founders: Abhay Girnara, Amit Jain, Amrita Sirohia, Ashish Kashyap, Monika Dua, Pratiksha Dake
This Fintech firm, headquartered in Gurgaon and established in 2018, allows users to track and arrange their financial life across many platforms, encompassing investments, loans, bills, and taxes.
Furthermore, it provides machine-learning-powered advice to customers for enhancing their economic future and individual cash flow.
It also provides many advisor-facing online applications that facilitate feedback and contact between advisers and their users.
Fact: Its clientele includes significant industry luminaries such as Kunal Shah, the inventor of Cred, and others.
Visit their website here (51).
50. Mentor Match
Founded: 2020
Headquarters: Chennai, India
Company size: 11-20 employees
Industry: EdTech
Founders: Rohit Raheja, Sachit Dugar
Mentor Match, which launched in October 2020, is a website that connects students in grades 3 through 12 with college students from prestigious institutions such as IIT, Ashoka, and BITS Pilani.
Its mentors have learned excellent educational strategies through their academic performance, which they are now passing on to their students to help them study more effectively and efficiently.
Fact: By setting up 1-on-1, customized study sessions with college students according to various factors, including learning preferences, potential career routes, and interests, Mentor Match helps school students learn more effectively.
Visit their website here (50).
49. ZobHunger
Founded: 2020
Headquarters: Ghazipur, India
Company size: 1-10 employees
Industry: B2B
Founders: Sachin Kr Sahu, Shailesh Kumar Sahu
With its current headquarters in Ghazipur, India, ZobHunger is an Indian startup established in 2020. By offering professional assistance with marketing strategies, bringing items to market, and counseling on other facets of the marketing process, the company assists other businesses with their marketing.
Since its founding, ZobHunger has undergone two rounds of startup investment, each of which drew the interest of one or more investors.
Fact: The total amount promised by these investors is $4.1 Million.
Visit their website here (49).
48. Saveo
Founded: 2019
Headquarters: Bengaluru, India
Company size: 101-250 employees
Industry: Fitness, Health Care, Wellness
Founders: Vivek Jaiswal, Anurag Savarnya, Shivansh Shrivastava, Amit Kumar
Saveo is a regulated marketplace that connects the primary and secondary pharmaceutical markets. By re-engineering the entire supply chain, Saveo is empowering the pharmacies intending to prevent prescription bounces in India.
With live tracking and digital payment options, its software guarantees prompt slot delivery and claims to maintain a virtual inventory of all SKUs (500+ firms).
Fact: It gives pharmacies access to quicker delivery, more affordable purchasing, and superior technology.
Visit their website here (48).
47. Living Food
Founded: 2018
Headquarters: Banglore, India
Company size: 11-50 employees
Industry: E-Commerce, FoodTech
Founders: Akash Sajith, Niranjan Satheesbabu, Shikha Lakhanpal
Indian startup Living Food was established in 2018 and is presently headquartered in Bangalore, India. The company generates revenue by running an online platform for E-commerce that gives consumers access to locally produced, fresh produce, hence lowering carbon footprints for platform users.
Since its founding, three rounds of startup money have been provided to Living Food. Due to these funding rounds, the company has received financing from six different sources.
Fact: These investors contributed $7.5 million in support of Living Food.
Visit their website here (47).
46. Lahori
Founded: 2021
Headquarters: Mohali, India
Company size: 11-50 employees
Industry: E-Commerce, Retail, B2C
Founders: Saurabh Munjal
Lahori is an Indian startup established in 2021 and presently situated in Mohali. The business generates revenue by selling a variety of beverages directly to consumers.
These beverages are better for you than many of their competitors. The business has only received investment once, in January 2022, since its founding.
Fact: A single investor who has backed Lahori with $15 million has been interested in the company thanks to this fundraising round.
Visit their website here (46).
45. Classplus
Founded: 2018
Headquarters: Noida, India
Company size: 101-250 employees
Industry: B2B, E-Learning, EdTech, SaaS
Founders: Bhaswat Agarwal, Bikash Dash, Mukul Rustagi, Nikhil Goel, Vatsal Rustagi
Classplus is a SaaS-based platform that enables offline coaching organizations, instructors, and content producers to start their online education ventures.
They think teachers are the cornerstone of Indian education and that strengthening them with technology will prevent large web corporations from displacing them.
Fact: The only way for teachers to maintain their living standards and keep their students during the Covid-19 outbreak was to teach online, and Classplus experienced growth then.
Visit their website here (45).
44. Skyroot Aerospace
Founded: 2018
Headquarters: Hyderabad, India
Company size: 11-50 employees
Industry: Aerospace, Transportation
Founders: Naga Bharath Daka, Pawan Kumar Chandana
Skyroot Aerospace is a space tech startup that seeks to address the growing problems in the international space business by offering inexpensive launch options to get into space faster. Additionally, it is negotiating to sign clients for its initial launches with satellite providers.
The startup will disclose its exciting plans for new space products at the beginning of next year. With only a few minor upgrades, its rocket architecture, which is highly mass-producible and adaptable, can practically triple the payload capacity.
Fact: Mukesh Bansal and Ankit Nagori, the creators of CureFit, invested $1.5 million in the firm in June 2018 and provided finance for an undisclosed sum.
Visit their website here (42).
43. WinZo
Founded: 2018
Headquarters: New Delhi, India
Company size: 51-100 employees
Industry: Digital Entertainment, eSports
Founders: Chanchal Kurele, Paavan Nanda, Saumya Singh Rathore
WinZO is a gaming platform that collaborates with external game developers to integrate their games. Users can access the WinZO app to play well-known international competitions in a multiplayer setting.
It also features a microtransaction feature that enables users to receive modest financial rewards. Griffin Gaming Partners recently donated $65 million to WinZO, and the company intends to keep playing!
WinZO now has more than 70 games in more than five different formats and has many more features planned.
Fact: The business intends to develop more products to help micro-influencers and streams interact with their audiences more.
Visit their website here (43).
42. Chingari
Founded: 2018
Headquarters: Bengaluru, India
Company size: 1-10 employees
Industry: Social, Entertainment
Founders: Sumit Ghosh
Chingari.io is an Indian short video app headquartered in Bengaluru, Karnataka. With their exceptional talent and imagination, users of the Chingari app may light up the world with their WhatsApp statuses, videos, audio snippets, gif stickers, and images.
They offer a specially created stage to meet the quick-moving requirements of contemporary Bharat. Users of the app can search for their favorite movies, peruse the feed, express their creativity, and instantly share with friends and family.
Fact: The users can communicate with one another in a wide range of languages, including English, Hindi, Bangla, Tamil, Kannada, Marathi, Gujrati, Punjabi, and many more.
Visit their website here (42).
41. BharatPe
Founded: 2018
Headquarters: New Delhi, India
Company size: 251-500 employees
Industry: FinTech
Founders: Ashneer Grover, Bhavik Koladiya, Shashvat Nakrani
BharatPe introduced India's first ZERO MDR payment acceptance service, the first interoperable UPI QR code, and the first UPI payment-backed merchant cash advance service. BharatSwipe, one of only two ZERO MDR card acceptance machines in India, was also introduced by BharatPe in 2020.
The firm is the market leader in UPI offline transactions, executing more than 8 million UPI transactions each month while supporting over 60 lakh merchants in 100 cities. Over Rs 1,200 crores in payments have already been made to the company's merchants since its launch.
Fact: Over Rs. 900 crores are made by BharatPe's POS division each month. Up to this point, BharatPe has raised almost US$ 270 million in debt and equity.
Visit their website here (41).
40. Pristyn Care
Founded: 2018
Headquarters: Gurgaon, India
Company size: 501-1000 employees
Industry: Health Care, HealthTech
Founders: Harsimarbir Singh
In more than 800 surgical centers, Pristyn Care's team of 400+ skilled surgeons uses cutting-edge medical technology, including laser, laparoscopy, and LASIK, to execute complex surgeries for more than 50+ disorders.
The A-to-Z of surgery is overseen by this coordinator, including selecting the appropriate surgeon for the patient, diagnostics, remote insurance clearance, admission and discharge procedures, cab pick-up and drop-off, free meals for the attendant, patient financing (EMI), and no-cost post-surgery follow-up.
This ensures that patients' and their families attention is on healing rather than getting around.
Fact: It operates in 40 cities and towns and sets itself apart by providing each patient with a 24/7 Personal Care Buddy.
Visit their website here (40).
39. Plum
Founded: 2019
Headquarters: Bengaluru, India
Company size: 11-50 employees
Industry: Health Care
Founders: Abhishek Poddar, Saurabh Arora
The Bengaluru-based fintech startup was founded in November 2019. From the outset, it was apparent that it wanted to use technology to offer insurance policies tailored to the needs of the employees of enterprises of different sizes.
Plum has grown by 800 percent in just one year and provided services to over 1,000 rapidly expanding businesses. So far, the industry has provided insurance to over 100,000 members and has actively supported startups and small companies during the several waves of the pandemic.
Employers can provide coverage for employees and their families with the Plum Lite membership, which gives flat rates for all members and allows them to pay for covered people.
Fact: The subscription can be quickly purchased and activated in less than five minutes.
Visit their website here (39).
38. Masai School
Founded: 2019
Headquarters: Bengaluru, India
Company size: 1-10 employees
Industry: E-Learning, EdTech
Founders: Prateek Shukla
Masai is on a quest to identify undiscovered or underutilized talent and to prepare them for the most sought-after careers in the world. Masai wants to develop a fresh approach to higher education where the institution invests in the students rather than vice versa.
They are a skill-building school for careers in the twenty-first century that takes a fundamentals-based approach to address India's unemployment issue. They use paradigms like mastery-based progression and income share agreements, among others.
Fact: They want to promote outcome-based learning as the new standard in higher education.
Visit their website here (36).
37. FamPay
Founded: 2019
Headquarters: Bengaluru, India
Company size: 51-100 employees
Industry: Fintech, Lifestyle, NeoBanking
Founders: Kush Taneja, Sambhav Jain
Kush Taneja and Sambhav Jain established FamPay in 2019. Without opening a bank account, kids can safely and effectively make online (UPI & P2P) mobile payments using the FamPay app and their numberless card.
This Neobank seeks to develop a new, financially savvy generation of Indians capable of making decisions that are in their best long-term interests and knowledgeable about personal finance fundamentals.
Fact: Y Combinator, Venture Highway, Sequoia India, and Global Founders Capital provided $4.7 million in seed funding to FamPay in March 2020. (GFC).
Visit their website here (37).
36. Dukaan
Founded: 2019
Headquarters: Bengaluru, India
Company size: 11-50 employees
Industry: DIY
Founders: Kaustub Pandey, Subhash Choudhary, Sumit Shah
Dukaan is a group of underdogs that thinks technology has the power to improve the lives of millions of people. It enables neighborhood shops to get online and utilize WhatsApp to sell their goods.
The only requirements for a Dukaandaar are the app's download, a quick company registration, and the listing of their products.
It has taken on the task of redefining how companies function in India by demonstrating the ability of the internet to create, grow, and structure enterprises in the hippest way.
Fact: Lightspeed, matrix partners, the creators of Product Hunt, CRED, Razorpay, OYO, Bewakoof, and other investors support the platform.
Visit their website here (36).
35. Airmeet
Founded: 2019
Headquarters: Bengaluru, India
Company size: 51-100 employees
Industry: Software, Video Conferencing
Founders: Lalit Mangal, Manoj Singh, Vinay Kumar Jasti
This online meeting and event platform Airmeet allows users to connect with other attendees for one-on-one and one-to-many online interactions rather than just broadcasting the event. Video and audio are in HD quality on Airmeet. Software downloads or further subscriptions are not necessary.
To ensure data safety, Airmeet offers end-to-end encryption and GDPR compliance. Participants are only given access to a private Airmeet after guest authentication. Thus, spam and bots are decreased. In addition, Airmeet was built from the ground up to accommodate tens of thousands of concurrent users.
Fact: Agora.io powers video communications on Airmeet, offering real-time, high-quality video chat.
Visit their website here (35).
34. Jupiter
Founded: 2019
Headquarters: Mumbai, India
Company size: 11-50 employees
Industry: Fintech
Founders: Jitendra Gupta
Jupiter offers digital retail banking services to assist millennials in keeping track of their spending. With one intelligent feature, sincere comment, and brilliant thinking at a time, they are developing and improving in contact with their users.
Jupiter thinks that banking can be more considerate of its clients, their money, and their objectives.
Fact: Jupiter provides users with helpful information about where and how their money is being spent.
Visit their website here (34).
33. BluSmart Mobility
Founded: 2019
Headquarters: Ahmedabad, India
Company size: 51-100 employees
Industry: Electric Vehicle, Ride Sharing
Founders: Anmol Jaggi, Punit Goyal
BluSmart is the first and most popular all-electric ride-hailing mobility service in India. They aim to provide urban India with practical, inexpensive, intelligent, safe, and dependable mobility and to direct the country toward sustainable transportation.
With numerous significant accomplishments over the past year, BluSmart has emerged as the most popular ride-hailing service and platform in Delhi NCR.
These include becoming the market leader in the all-electric ride-hailing space and creating the largest all-electric fleet and fast charging station network in Delhi NCR.
Fact: To create more innovative, safer, cleaner, and more sustainable mobility for a brighter future, they are India's first and largest zero-emission ride-hailing service and platform.
Visit their website here (33).
32. BikeWo
Founded: 2021
Headquarters: Hyderabad, India
Company size: 11-50 employees
Industry: Automobile, EV Sector
Founders: Vidhyasagar Reddy
BikeWo is an Indian startup established in 2021 and presently situated in Hyderabad. BikoWo has arrived just in time with the expansion of the EV sector.
The business offers assistance and services for two-wheeled vehicles in the EV sector, providing repair and other expertise for charging ports and other infrastructure items for the market.
Fact: Since its founding, the business has previously through an Angel Round of investment, which a lone investor funded.
Visit their website here (32).
32. Healthquad
Founded: 2019
Headquarters: Gurgaon, India
Company size: 11-50 employees
Industry: Healthtech, Fitness
Founders: Deepak Bhardwaj
Healthquad is a 2019-founded Indian startup with headquarters in Gurgaon. An extensive health and fitness platform that offers a better workout experience by giving customers insights and data is being developed and released by the company.
Since its founding, the company has only undergone a single Seed Funding round in December 2021, funded by a lone investor.
Fact: A total of 75 million Indian Rupees have been pledged to the company by its investor.
Visit their website here (31).
30. Bambrew
Founded: 2019
Headquarters: Banglore, India
Company size: 1-10 employees
Industry: E-Commerce, Retail, Logistics
Founders: Vaibhav Anant
Bambrew is an Indian startup established in 2019 and presently situated in Bangalore. By creating the technology and solutions necessary to make the packaging business less wasteful and better for the environment, the company hopes to transform it and make it more environmentally friendly.
The company has received funding twice since its founding, once in 2020 and again in January 2022.
Fact: The company has secured funding from eight investors thanks to the funding rounds. These investors contributed a total of $2.4 Million to support Bambrew.
Visit their website here (30).
29. Groyyo
Founded: 2021
Headquarters: Haryana, India
Company size: 11-50 employees
Industry: B2B Automation Service, Funding
Founders: Subin Mitra, Ridam Upadhyay, Pratik Tiwary
Indian startup Groyyo was established in 2021 and is currently situated in Haryana. The business has offered a B2B manufacturing and automation solution.
This enables organizations operating in this area to increase their processes' effectiveness, eventually benefiting these businesses' bottom lines. Since its inception, the company has only undergone a single Seed Funding round in January 2022.
Fact: Seven investors, including a mix of institutions and angel investors, were drawn to this round of funding. These supporters have contributed a total of $4.6 Million to Groyyo.
Visit their website here (29).
28. Skippi Ice Pops
Founded: 2020
Headquarters: Hyderabad, India
Company size: 1-10 employees
Industry: E-Commerce, Retail, Service
Founders: Ravi Kabra
India's Skippi Ice Pops is a startup established in 2020 and is presently situated in Hyderabad.
By developing healthy substitute products, the company hopes to solve issues with sustainability and the effects of these tempting delights on the environment.
Since its inception, the company has only undergone one Seed Funding Round, which took place in December 2021.
Fact: The company was able to enlist the backing of five investors from the funding round. These investors have invested 10 million Indian rupees in the company.
Visit their website here (28).
27. OneDios
Founded: 2019
Headquarters: Noida, India
Company size: 11-50 employees
Industry: Service Sector
Founders: Amit Sharma
Indian startup OneDios was established in 2019 and is presently situated in Noida, India. By offering a platform for collecting consumer requests, the business generates revenue.
This implies that companies using their platform could enhance their sales and marketing strategies by incorporating customer input and demands.
The business raised $1.2 million in startup investment thanks to the backing of five investors throughout the funding round.
Fact: OneDios launched its voyage in May 2020 with just the Daikin brand. Since then, they have added over 15 companies to the pathology, mobile, laptops, and electronics categories.
Visit their website here (27).
26. Unbox Robotics
Founded: 2019
Headquarters: Banglore, India
Company size: 11-50 employees
Industry: Artificial Intelligence, Machine Learning
Founders: Pramod Ghadge, Shahid Memon
Unbox Robotics is an Indian startup established in 2019 and presently situated in Bangalore, India.
By utilizing AI-powered robot solutions designed expressly for use in warehouses, the company hopes to increase the productivity and profitability of logistics operations.
The company has raised $9.1 million since its founding, thanks to the backing of 22 investors throughout the company's seven rounds of fundraising.
Fact: The company has received startup funding seven times since it was founded.
Visit their website here (26).
25. IppoPay
Founded: 2020
Headquarters: Chennai, India
Company size: 11-50 employees
Industry: SMEs, Digital Payments
Founders: Jai Kumar, Mohan Karuppiah, Thangaraj Sofiya
IppoPay is an Indian startup established in 2020 and presently situated in Chennai.
The most crucial aspect of the business is the production and deployment of digital payment gateways that make it simple for SMEs, independent contractors, and home-based businesses to accept payments.
A total of seven investors contributed to these investment rounds, and IppoPay ultimately raised $2.4 million to aid in the company's next phase of growth and development.
Fact: Since the company's founding, two investment rounds have occurred: one in 2021 and one in 2022.
Visit their website here (25).
24. PagarBook
Founded: 2019
Headquarters: Bengaluru, India
Company size: 101-250 employees
Industry: Human Resources, Mobile Apps, SaaS, Software
Founders: Adarsh Kumar, Arya Gautam, Rupesh Mishra
PagarBook is a fintech firm aiming to simplify SMEs' intricate financial and personnel record-keeping procedures. The startup has amassed over eight million users in just three years.
Adarsh estimates that there are roughly 56 million such businesses across a range of industries, employing close to 124 million people.
The coworkers investigated numerous trial-and-error techniques after conducting extensive research on India's SME sector to comprehend the depth of the challenges faced by business owners. As a result, PagarBook was born.
Fact: PagarBook has added eight million users in the past six months and made its User Interface (UI) available in 13 different languages.
Visit their website here (24).
23. Bimaplan
Founded: 2020
Headquarters: Bengaluru, India
Company size: 1-10 employees
Industry: Financial Services, Insurance
Founders: Vikul Goyal
Bimaplan collaborates with insurers to develop over-the-counter, low-premium ($5–$50 annually) insurance solutions that are appropriate for the needs of those with low and middle incomes. In collaboration with insurers, Bimaplan develops personalized insurance plans that are both inexpensive and relevant.
India currently has about 700 million internet users; by 2025, that number is anticipated to rise to 975 million. To meet the requirements of this underserved group, Bimaplan aims to take advantage of this enormous opportunity by developing affordable insurance products and distributing them online.
Fact: It also uses digital channels to construct a distinct distribution network.
Visit their website here (23).
22. Convin
Founded: 2019
Headquarters: Bengaluru, India
Company size: 11-50 employees
Industry: Artificial Intelligence, Sales, Software
Founders: Ashish Santhalia, Atul Shree, Bharat Patidar, Durgesh Choudhary
Convin enables management to review the discussions and disseminate feedback to the team. Additionally, it assists leaders in developing a proactive strategic approach to sales and goods.
They aim to equip one million salespeople with AI tools to learn from their interactions and close more extensive, better, and more sales.
Convin interfaces with numerous services, including Slack, Ring Central, Freshcaller, Diapad, Google Meet, and Microsoft Teams.
Fact: Salespeople can use Convin to gain insight from their talks.
Visit their website here (22).
21. Teachmint
Founded: 2020
Headquarters: Bengaluru, India
Company size: 51-100 employees
Industry: E-Learning, EdTech
Founders: Anshuman Kumar, Divyansh Bordia, Mihir Gupta, Payoj Jain
Teachmint is a Bengaluru-based company founded in 2020 to empower teachers by offering them an intuitive teaching app. "Mobile First, Video First" web solutions are the startup's core area of concentration.
As some of the key features in a teacher's private virtual classroom, the startup offers online classroom space, automated attendance, task and follow-up assignment, and fee collecting.
Fact: Online instructors can design their virtual learning environment with a few clicks.
Visit their website here (21).
20. Convosight
Founded: 2019
Headquarters: Delhi, India
Company size: 51-100 employees
Industry: SaaS, Social Media
Founders: Kartik Bansal, Tamanna Dhamija, Tarun Dhamija
Convosight helps administrators and brands build, monitor, expand, and effectively employ communities using data analytics and machine learning.
It provides a software package that enables administrators of Facebook groups to monitor growth patterns and conversation insights, regulate content through intelligent recommendations, and combat spam with a vision to foster and empower community entrepreneurs.
Currently, the company collaborates with Nestle, J&J, Reckitt Benckiser, P&G, and Abbott.
Fact: It claims to be used by more than 2,500 communities, with more than 30 million community members worldwide.
Visit their website here (20).
19. Synapsica
Founded: 2018
Headquarters: New Delhi, India
Company size: 11-50 employees
Industry: Artificial Intelligence, Health Care, Health Diagnostics, Information Technology, Machine Learning
Founders: Cherian Dr, Gandharv Goyal, Kuldeep Singh Chauhan, Meenakshi Singh
Spindle, a product from Synapsica, is an AI reporting assistance for MRI spine. It generates preliminary reports with essential spinal measurements and a description of degenerative disc disorders.
Producing illustrative preliminary reports with annotated and tabulated measurements reduces radiologists' reporting time by up to 80%.
Fact: The spindle determines levels of the vertebrae, gauges the integrity of the central canal, and describes disc herniation and nerve root compression.
Visit their website here (19).
18. Koo App
Siddhesh Surve
Founded: 2020
Headquarters: Bengaluru, India
Company size: 11-50 employees
Industry: Social Media, Software
Founders: Aprameya Radhakrishna, Mayank Bidawatka
Koo is a social networking and microblogging service for connecting, commenting on, and engaging users on its social media platform. It is an Indian startup headquartered in Bengaluru and was created in 2020.
Multiple Indian languages are supported on the company's platform, which also offers features like English to regional keyboards, local language news feeds, and hyper-local hashtags that let users express themselves in text, audio, and video on a range of subjects.
Fact: Users may also access it for free on Kooapp.com by connecting with their Google Play or Apple App Store credentials and utilizing the application directly from the internet.
Visit their website here (18).
17. WhiteHat Junior
Siddhesh Surve
Founded: 2018
Headquarters: Mumbai, India
Company size: 101-250 employees
Industry: EdTech
Founders: Karan Bajaj
WhiteHat Jr is India's premier website for teaching children computer programming and connecting them with top coding instructors.
It is currently well-known for its parent firm BYJUs, which purchased it for $300 million in an all-cash deal in 2020. The basics of coding reasoning, algorithmic thinking, and structure thinking are taught to the students for creative outputs.
Fact: The founder attributed the birth of WhiteHat Jr. to a highly personal experience that inspired him to start this endeavor to transform the world.
Visit their website here (17).
16. KreditBee
Siddhesh Surve
Founded: 2018
Headquarters: Bengaluru, India
Company size: 1001-5000 employees
Industry: Fintech
Founders: Karthikeyan Krishnaswamy, Madhusudan Ekambaram
KreditBee, an Indian fintech firm based in Bengaluru and established in 2018, provides loans for small businesses in India through an easy and uncomplicated approach, making it more straightforward for enterprises to get the necessary resources for ongoing operations.
Users must complete an online form with some basic information about their company, and once they submit it, KreditBee reviews the application and makes a judgment within 24 hours.
Fact: The concept and inspiration for this firm came to Madhusudan while he was employed at a bank and realized how challenging it is for business owners to obtain financing.
Visit their website here (16).
15. Kodo
Siddhesh Surve
Founded: 2019
Headquarters: Mumbai, India
Company size: 11-50 employees
Industry: B2B Fintech
Founders: Deepti Sanghi, Gaurav Thapa
Kodo is a business card and credit line that encourages customers to spend wisely and automate tedious expenditure procedures while concentrating on the fundamental aspects of tackling challenging issues like the junction of credit & payments.
By allowing customers to check the business's pulse, receive real-time notifications about every corporate expense, manage and analyze spending across categories, and track, block, and unblock subscriptions, Kodo's objective is to empower businesses to reach new heights.
Fact: Users can use Kodo to pay vendors straight from the dashboard using a linked bank account or the Kodo credit line.
Visit their website here (15).
14. Nestasia
Siddhesh Surve
Founded: 2018
Headquarters: Kolkata, India
Company size: 11-50 employees
Industry: B2C
Founders: Aditi Murarka, Anurag Agrawal
Nestasia is a 2018-founded Kolkata-based Indian firm that offers handcrafted goods and products worldwide, utilizing environmentally friendly practices in manufacturing and distribution.
Since its founding, the business has only received startup investment once, in December 2021, from six investors.
Fact: Aditi Murarka and Anurag Agrawal moved and decorated their houses in Singapore and Hong Kong regularly, and Murarka Agrawal's keen interest in online retail inspired her to find Nestasia.
Visit their website here (14).
13. Mainstreet
Siddhesh Surve
Founded: 2019
Headquarters: Mumbai, India
Company size: 11-50 employees
Industry: Fashion, B2C
Founders: Vedant Lamba
Mainstreet, a Mumbai-based Indian startup created in 2019, allows consumers to purchase a wide range of premium clothing and accessories, including shoes, among other clothing items.
Since its inception, the company has gone through a single round of startup fundraising, in which it attracted investors, although the total amount of funding has not been published.
Fact: Eight investors have provided the company with funding since its inception.
Visit their website here (13).
12. Tournafest
Siddhesh Surve
Founded: 2021
Headquarters: Jaipur, India
Company size: 11-50 employees
Industry: GameFi
Founders: Ayush Agarwal, Kaustubh Trivedi
For gamers looking to improve their abilities and participate in competitions in a motivating, safe, and enjoyable manner, Tournafest, an Indian startup with a Jaipur base, is the place to go.
Ayush Agarwal and Kaustubh Trivedi, founding members and 2021 graduates of IIT Roorkee, were assisted in conceptualizing and launching Tournafest by Utkarsh Yadav, Arun Jhajharia, and Shubham Bhardwaj.
Fact: The company and its platform are created for gamers and also by gamers.
Visit their website here (12).
11. Rupifi
Siddhesh Surve
Founded: 2020
Headquarters: Bengaluru, India
Company size: 11-50 employees
Industry: Fintech
Founders: Ankit Singh, Anubhav Jain, Jawaid Iqbal
Rupifi is a B2B fintech service that assists smaller businesses in acquiring finance by offering working capital and payment services in addition to loans. It is an Indian startup with a Bengaluru base formed in 2020.
The company has been actively generating capital for expansion and development, having completed eight investment rounds in less than two years while also attracting seventeen investors to its potential.
Fact: The company ultimately generated $30.8 million in revenue.
Visit their website here (11).
10. Glamplus
Siddhesh Surve
Founded: 2020
Headquarters: Bengaluru, India
Company size: 11-50 employees
Industry: SaaS, Beauty
Founders: Divyanshu Singh
The 2020-founded Bengaluru-based Indian startup Glamplus is a SaaS platform that functions as a marketplace for beauty products for salons, giving customers access to things like billing, appointment monitoring, and other things they require for their jobs.
Since its founding, the company has undergone many investment rounds, the most recent of which occurred in 2021 and 2022, and saw nine investors commit to backing the venture.
Fact: The business was valued at 71.7 million rupees by the investors that backed it during the investment round.
Visit their website here (10).
9. BiggBang Coworking
Siddhesh Surve
Founded: 2022
Headquarters: Chandigarh, India
Company size: 11-50 employees
Industry: Office-estate
Founders: Saumil Kohli
With its table-turning features and connectivity solutions, BiggBang Coworking, an Indian startup founded in 2022 and based in Chandigarh, is a coworking space that offers premium features for coworkers. It draws local, national, and international coworkers and serves as the home to a diverse global workforce community.
The company has drawn the majority of freelancers, startups, corporations, and remote workers, which has increased the anticipated Valuation for its customer-focused services.
Fact: The company launched a startup incubator program in Chandigarh in partnership with TimesNext.com and Indiatech.com to support entrepreneurs with angel financing, training, management skills, and mentoring.
Visit their website here (9).
8. AarogyaAI
Siddhesh Surve
Founded: 2019
Headquarters: New Delhi, India
Company size: 1-10 employees
Industry: Fintech
Founders: Avlokita Tiwari, Praapti Jayaswal
AarogyaAI is an Indian startup based in New Delhi that develops artificial intelligence-powered medical technologies to aid in the early detection and diagnosis of drug-resistant TB.
The organization works to improve patient care outcomes and gives them quick access to treatments. Additionally, the business has gotten assistance from investors and a great deal of audience acclaim.
Fact: Four investors contributed $855,500 to the company during the investment rounds.
Visit their website here (8).
7. Quik.com
Siddhesh Surve
Founded: 2022
Headquarters: Bengaluru, India
Company size: 1-10 employees
Industry: NFT domain, Web 3.0
Founders: Sahil Kohli
Quik.com, an Indian startup based in Bengaluru founded in 2022, is a global NFT domain P2P marketplace that provides top-level domains for hosting Web 3.0 decentralized websites, changing crypto wallet addresses, and connecting to metaverse assets.
The firm has released a mega-update that improves NFT domain capabilities and provides NFT domain owners and web 3.0 fans with a more sustainable and rapid endgame.
Fact: The company has earned significant praise and featured in major global publishing houses, and it is also a global competitor to Ethereum ENS.
Visit their website here (7).
6. Refyne
Siddhesh Surve
Founded: 2020
Headquarters: Bengaluru, India
Company size: 11-50 employees
Industry: Fintech
Founders: Apoorv Kumar, Chitresh Sharma
Refyne, an Indian startup founded in 2020 and based in Bengaluru, generates its money by providing a platform that allows employers to offer Earned Wage Access to their employees, which aids in stress reduction and financial literacy among individuals employed by Indian companies.
Refyne has demonstrated its value to investors, attracting financial support in funding rounds in 2020, 2021, and 2022, resulting in massive funding for the company's expansion.
Fact: Refyne has created a mobile-first Earned Wage Access (EWA) platform that permits businesses to provide their employees with real-time revenue before their monthly salary is scheduled.
Visit their website here (6).
5. TradeX
Siddhesh Surve
Founded: 2021
Headquarters: New Delhi, India
Company size: 1-10 employees
Industry: Fintech
Founders: Divij Goyal, Ankit Shrivastava
TradeX, an Indian startup based in New Delhi that was founded in 2021, operates in the fintech market by providing users with a market trading platform that uses predictions to assist users in making opinion-based trades where they can receive rewards for successful forecasts.
A group of nine investors supported the funding round, and total investment, anticipating TradeX would play a significant role and be a force to be reckoned with in the coming years.
Fact: TradeX allows for trading based on weather, politics, and economics.
Visit their website here (5).
4. CityMall
Siddhesh Surve
Launch: 2019
Founders: Angad Kikla, Naisheel Verdhan, Divij Goyal
Industry: Commerce
Estimated Valuation: $350 Million
CityMall, a Delhi-based business, has developed a mobile-first marketplace that enables users to buy and sell goods and services online. The company also established a community commerce platform where users living in small towns, towns, and villages can buy and sell goods like groceries, fresh food, and packaged food.
Its user-friendly platform, which has drawn users in with its simple interface and features like live chat, product ratings, and seller profiles, is a significant factor in the company's success.
Fact: Users can buy and sell goods and services without creating a profile or account.
Visit their website here (4).
3. Apna
Siddhesh Surve
Launch: 2019
Founders: Nirmit Parikh
Industry: Employment, Human Resources, Recruiting
Estimated Valuation: $1 Billion
To assist professionals in connecting with potential employers and finding jobs, Apna was created as a platform for professional networking and job searching.
In 21 months after its founding and 15 months after it started full-scale operations, the Mumbai-based firm that served as its foundation became a unicorn. With the help of Nirmit Parikh, a former Apple executive, the company has amassed 16 million users, 150,000 employers, and on average, 18 million job interviews each month.
Fact: The clientele of the business includes well-known brands like Byju's, Swiggy, Toppr, Flipkart, WhitehatJr, Amazon, Unacademy, BigBasket, Licious, and others.
Visit their website here (3).
2. Groww
Siddhesh Surve
Launch: 2018
Founders: Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal
Industry: Finance & Insurance
Estimated Valuation: $3 Billion
Millennials and first-time investors are the primary demographics for the online investing platform Groww. Groww, which has its headquarters in Bangalore, enables investors to register a digital account and conduct online transactions for mutual funds and equities.
Along with educational material on investing and mutual fund portfolios for different aims and profiles, Groww also offers a mutual fund explorer information on previous performance and companies.
Fact: Groww does not offer advice and relies on users to select their portfolios based on the information at their disposal.
Visit their website here (2).
1. Cred
Siddhesh Surve
Launch: 2018
Founders: Kunal Shah
Industry: Fintech
Estimated Valuation: $6.4 Billion
Cred, a Banglore-based Indian Fintech firm, is a reward-based credit card payments app that enables users to pay their rent and provides short-term credit lines.
The business's founder, Kunal Shah, describes Cred as a TrustTech company rather than a FinTech, with a drive to address trust issues in Indian society. He believes this dynamic, effective endeavor is the key to national economic progress.
Fact: More than 5.9 million customers have signed up for it, handling more than 20% of all credit card bill payments in India.
Visit their website here (1).
Step-by-Step Guide to Start a Startup!
1. Idea
The most crucial stage in starting a startup is identifying a creative concept, initiated by looking for a problem and its solution.
Addressing the requirements of communities, locals, or a large population is always an effective target component model achieved by most startups.
You can also update or create and improve existing market products with your spin that you believe will be effective and competitive in meeting the audience's needs.
2. Plan
Once you've figured out your startup's concept, you can start planning how to make it a reality.
This comprises your target audience, platform, funding, operations, team formation, and market analysis. This also includes a list of banks and investors to which you can pitch your concept and proposal.
3. Funds
Now is the time to start seeking funding for your company. We have financing addressed in depth below. Take the time to read it, as it is the most crucial facet of your startup's development and growth.
4. Team
When beginning a business, having the proper people on your team is typically a good idea. Some may take your picture and make a reputation for themselves. Also, some less enthusiastic folks can slow down your speed and efficiency.
Create a solid and accurate team first, then surround yourself with all the positive people you believe will help your startup grow with the same zeal as yours. Also, be truthful instead of lying and sharing false information about your startup to gain and build a team or customers.
5. Legal
From the execution of your vision to the formation of your team, take the necessary legal measures. Make sure you don't overlook any legal matters, documentation, or trademarks that could get you in hot water in the future.
Also, ensure that the name you use is correct, accurate, and not already used by another person. Apply for all the necessary permits and documentation for launching a business, and consult with an advocate at every stage of the process.
6. Location
Now that everything is in order choose a physical location for your firm that will also serve as your headquarters. Execute all the product development stages listed below and adhere to all critical product development elements.
Now that Google has verified your location mark it physically and virtually. Develop and improve your internet presence using blogs and proper SEO methods, and use all tools correctly.
7. Market
Marketing is the soul of your company. To start, stick to organic marketing and take it slowly. You may begin investing heavily in marketing and advertising when you have a good customer base. Scroll down and read the complete overview to learn more about how to advertise a startup.
8. Community
Create social media networking site community pages for your service and product. This will allow you to boost customer engagement while also reaching a large audience. Social media is the best and most effective instrument when building a community.
Done
Once all of the preceding eight processes have been completed and sorted, your startup is ready to move forward and pursue the vision you had for your project. Read the following recommendations to ensure the sustainability of your startup, which will finally lead to its success!
3 Essential Drivers of your Startup
- Funds
- Products/Services
- Marketing
1. Funds
Funds are the soul of every idea, concept, or startup, as they are essential for survival, regular operation, routine chores, and bill payment. There are three primary sources of funding for startups:
Self-Funded
This is where you are the sole financier or investor, pouring all your savings into the company. Only use this if you believe your idea is the MVP. Show it to a few clients and obtain their opinion to determine whether it has any potential or makes sense to invest all your life savings or money.
Investor-Funded
This form of funding can range from an HNI's initial seed funding to VC funding throughout a series A/B/C round. The investor funding typically comes after your firm has begun making revenue from an established set of clients, encouraging investors to invest in your concept.
Make sure that your presentation is effective. Investor Funding determines whether your firm, concept, or idea has the potential to reach a large number of people, make an impact, and provide good value for money.
Receiving cash from angel investors, traditional investors, or others indicates that they found potential in your concept. This also does not imply that you may waste their money and drag down the process; you must apply the same force and precision in your work as you did in encouraging them to invest.
Angel Investors-Funded
Various angel investors on the market also assist entrepreneurs in obtaining funding for their potentially unique concept. Angel investors are potent individuals who support startups financially in exchange for an ownership stake in their company.
Angel investors' funds are either one-time investments to help firms get off the ground or continuous injections to sustain and carry the company through its critical early stage.
2. Product/Service
Consider a product or service that is both technically possible and adaptable. Do not over-engineer for scalability because once consumer traction starts to emerge, your system will eventually scale and take your startup to a higher level.
During the core development stage, keep your product or service functionality light and your team agile. Don't spend months developing features which is a waste because the objective here is to communicate to your potential consumers about your base product and learn and address the pain points.
Try utilizing off-the-shelf technical frameworks and tools to construct a modest product that customers can exhibit. Try not to overdo anything and keep things simple and uncomplicated.
Variety is an ideal addition for attracting the bulk of clients, but it is for the future. Startups in their early phases should keep inventory and accessibility constrained, and having a restricted number of whatever service or product they sell always works.
This helps to cut costs and save money on items you didn't know would be sold or bought. Even restricted services and products can take months to sell, but it all depends on how well your product catches the attention of your possible target audience.
Building and managing a product catalog is usually a complex undertaking, making it challenging to scale as swiftly as one may imagine. Build realistic features and procedures that will allow you to respond to customers and act on their feedback swiftly.
Make it simple to offer product feedback, but don't bury "contact us" deep in the menu; instead, make it stand out. When developing any service or product, it is critical to include security and other safeguards to protect your customers' rights and privacy.
When finalizing any product or service, ensure that it is "THE" final product and that no subsequent alterations will be made. This could lead to clients becoming confused and landing on the wrong page, costing you your hard-earned credibility.
Use your product, act as your customer, and determine what has to be done to meet the basic demands your product or service provides for customers. When you have your first hundred or so consumers, begin aggressive marketing to broaden your base.
Once you've established a sustainable development and supply chain with paying clients, you should concentrate on scalability and setting automation for repetitive manual evaluation. This is also the time to weigh new feature launches and start receiving feedback demand from potential consumers.
Even after experiencing rapid growth, suppose your company suddenly slows down, and no marketing appears to solve the problem; this could be due to changes in customer behavior or the introduction of new competition.
This is the time to invest in brand-new product lines or expand your existing ones into new geographical areas. During the early stages of product development, invest more resources in the product and less in marketing, as marketing is always the next step.
Strong foundations are always required because other developments and phases rely on them. If your product is solid and you have enough client feedback to move forward, it is time to invest in marketing.
Marketing
Marketing is the primary reason for most company success, so don't underestimate it. Keeping track of end-user growth is a straightforward approach to measuring the effectiveness of your marketing.
Social media marketing is the most significant outlet and source for increasing brand or product exposure, although it excludes "Facebook." Many of us use Facebook when we are tired of commercial activity and need a break.
The best way to use Facebook is to share engaging stories about your firm or other meme materials that are not always relevant to your product and service or relatable but keep it fun and readable.
All social media networks, including Facebook, are excellent marketing tools for those in the entertainment industry. Invest your time in studying industry trends once a day and target the audience's needs according to that.
Email marketing is effective, but it is no longer compelling as it was in 2015. The new age social media has absorbed all old forms of marketing, but email and SMS remain active; nevertheless, avoid including graphics and videos and keep it brief and straightforward.
Send five to six lines of plain text with a limit of one image or link. Use simple, casual language rather than complicating it with unusual vocabulary to make it look practical, as it will likely be rejected and lose credibility.
Once you have a sizable customer base, look for ways to develop routines with your emails to engage more effectively with your traditional audience. Don't bombard your users with frequent emails and undesirable content; keep it limited and high-quality.
Paid acquisition is also not that horrible, especially when your offering has been validated as a market fit. One of the most popular misconceptions is that customers acquired through paid advertising are negative for companies, which is false.
Customers don't care how they learn about the goods. They try the product regardless of how they are reached, whether through free emails, paid Google searches, or social media marketing.
If you have a solid product to sell, limit your paid promotion to merely evaluating your product with the first 100 clients. Rushing with ads is also not a wise business practice because you may eventually run out of merchandise and labor (applicable to new startups).
