Startup refers to a company in the first stages of operations. Startups are founded by one or more entrepreneurs who want to develop a product or service for which they believe there is demand.
With more than 1.3 billion people and a rapidly growing economy, India is a key country for startups who are engaging massive funds to grab a share of the market. India is a battleground for companies aiming at explosive growth and establishing themselves in an upcoming global tech leader in the long run.
Industry: Commerce and Shopping, Financial Services – Total funding: $4.4 Billion
One97 Communications is the company operating Paytm, a digital goods and mobile commerce platform providing a number of products and services including mobile recharge, bill payments, transport tickets, hotel reservations, games, and much more. It also operates Paytm Mall which sells products ranging from men and women fashion to electronics and home products, groceries and cosmetics, kids and family as well as cars and other vehicles.
Industry: Transportation – Total funding: $3.8 Billion
Ola operates a ride-hailing platform. It allows the booking of a range of cabs, bikes, and other vehicles through a single mobile app ensuring convenient, transparent, safe, and quick urban transportation. Besides India, Ola has expanded its activities to other countries including Australia, New Zealand, and the UK.
Industry: Travel and Tourism – Total funding: $3.2 Billion
OYO is a hotel chain that offers a range of stay experiences across India. Relying upon standardization and the use of its technology platform, OYO revolutionizes budget hospitality with comfortable and affordable hotels. It also provides a portfolio of offers for all types of travelers in India and abroad, in China, Malaysia, Nepal, Indonesia, and UAE.
Industry: Energy – Total funding: $2.8 Billion
ReNew Power is a company dedicated to renewable energy. It develops, builds, owns and operates renewable energy production facilities with utility-scale wind, utility-scale solar, and rooftop solar projects. The largest independent renewable energy company in India, it is dedicated to growing its production while supporting sustainable business practices.
Industry: Commerce and Shopping – Total funding: $1.8 Billion
Snapdeal is a diversified online shopping platform, offering products ranging from electronics and fashion to home and appliances. Backed by famous investors, including Alibaba, Foxconn, and SoftBank, Snapdeal is gearing towards competition with the very top e-commerce sites of India.
Industry: Food and Beverage – Total funding: $1.6 Billion
Swiggy is a food ordering and delivery platform. It provides a curated list of restaurants to choose from and a delivery fleet to bring orders to customers. Thanks to its app, restaurants have access to a new source of customers, and people can get food from their favorite restaurants or new discoveries delivered at their doorstep.
Industry: Education – Total funding: $1.4 Billion
BYJU’S is an online educational platform and education services provider. It offers an array of online video courses for children of all ages and students preparing exams including CBSE, GMAT, GRE, etc. together with study material and education counseling.
Industry: Commerce and Shopping – Total funding: $1.1 Billion
BigBasket is an online food and grocery store. Bringing daily shopping to Indians’ home in an easy and convenient experience, BigBasket offers and delivers a wide range of products including fruits and vegetables, meat, rice and dals, packaged products, beverages, and personal care products.
Industry: Online payment gateway – Total funding: $0.375 Billion
Razorpay is the converged payments solution company that allows your business to accept, process, and disburse payments via its product suite. With Razorpay, you have access to all payment modes, including credit and debit cards, UPI, and popular mobile wallets.
Industry: Logistics – Total funding: $934.6 Million
Delhivery is a logistics and supply chain services company. It provides a dedicated supply chain platform and logistics services including last-mile delivery, parcel transportation, warehousing, freight, reverse logistics, cross-border, and technology services.
Industry: Food and Beverage – Total funding: $914.6 Million
Zomato is a restaurant search and reservation app. It is used by consumers to discover, rate, and review restaurants. Zomato also offers services including online ordering, table reservation, white-label platform, and point-of-sale system to connect restaurants to customers and ease their operations. Since its creation in 2008, Zomato has expanded to more than 20 countries.
Industry: E-Commerce – Total funding: $899.9 Million
Udaan is a business-to-business marketplace and trading platform. It allows small and medium businesses in India to discover products, customers, and suppliers, connect with them, buy and sell. Udaan regroups Indian traders, wholesalers, retailers, and manufacturers on a single platform.
Industry: Commerce and Shopping – Total funding: $597.1 Million
Grofers is an online supermarket. Offering a range of low-priced products including groceries, beauty and wellness products, household care, baby care, or pet care, Grofers simplifies everyday retail through a simple online shopping experience and express delivery around India.
Industry: Financial Services – Total funding: $496.6 Million
PolicyBazaar is an insurance aggregator. It allows users to compare health insurance, car insurance, two-wheeler insurance, travel insurance policies based on price, quality, and key benefits together with solutions for financial security and competitive returns.
Industry: Health Care – Total funding: $459.6 Million
Lenskart is a retail company dedicated to eyeglasses and optical prescription eyewear. It operates more than 500 stores across India and has also established itself as a leader in eyewear e-commerce providing hundreds of glasses designs, including some of the world’s leading brands, as well as 48-hour free home delivery and return policy.
Industry: Commerce and Shopping – Total funding: $424.2 Million
Quikr is a free classifieds ads and marketplace operating across India. Connecting the offer and demand through its platform, Quickr helps users sell, buy, rent, and discover a wide range of products including mobile phones, furniture, and household goods, cars, real estate properties, jobs, services, and education.
Industry: Commerce and Shopping – Total funding: $418.4 Million
A specialized e-commerce platform for baby care products, kids’ clothes, and toys, Firscry is a pioneer of e-commerce in India offering products from thousands of brands. Having expanded into franchised stores, Firstcry now also offers its products through tens of stores across numerous Indian cities.
Industry: Fitness – Total funding: $404.6 Million
CureFit is a health and fitness company providing healthy food and professional workout through digital and offline experiences. It delivers meals, operates gyms, and trainer-led or group workout classes for bodybuilding and mental well-being.
Industry: Health Care – Total funding: $328.5 Million
PharmEasy is a pharmacy aggregator, it helps Indian patients connect with local pharmacy stores and diagnostic centers. It allows individuals to buy their prescription medicine and healthcare products from local pharmacies and also permits to take online diagnostic tests.
Industry: Internet – Total funding: $251 Million
Groww is an online investment platform that allows investors to invest in mutual funds and stocks. Headquartered in Bangalore, Karnataka.The company is entering the mutual funds space through its acquisition of Indiabulls Asset Management Company.
Industry: Transportation – Total funding: $247.5 Million
CarDekho is a new and used car marketplace and automotive news, comparator, and reviews platform. It helps Indians buy and sells cars through deals with car manufacturers, classifieds for used cars, and a range of tool and related services. CarDekho has also launched its expansion to Southeast Asia and the UAE.
Industry: Financial Services – Total funding: $242.5 Million
Lendingkart is an online lending provider dedicated to entrepreneurs and small businesses. Through its online platform and advanced data analytics, it evaluates and scores businesses to quickly approve loans and deliver working capital and financial solutions throughout India.
Industry: Financial Services – Total funding: $241.4 Million
Billdesk is an electronic payments service, operating as part of the IndiaIdeas company. Founded in 2000, Billdesk is a pioneer online payment gateway operator that enables banks, businesses, and other institutions to deliver invoices to customers so as to receive payments in India.
Industry: Social Network, Mobile Apps – Total funding: $222.8 Million
ShareChat is a social networking and regional content platform, allowing Indians to use the Internet in their mother tongue. ShareChat aims at bringing local, relevant content to smartphone users across India in Indian languages including Hindi, Telugu, Marathi, and Malayalam.
Industry: Commerce and Shopping – Total funding: $215.2 Million
Meesho is a social commerce platform and network of online resellers. It allows individuals and businesses across India to create online stores and sell products within their network on social channels, including WhatsApp, Facebook, Instagram.
Industry: Transportation – Total funding: $193.8 Million
Cars24 is an online platform for selling used cars. It allows individuals to sell their used cars through a very simple process that can take less than one hour. Users can go through an online estimation before taking their cars to a Cars24 branch for inspection. If the inspection is passed, the car is bought by Cars24 and the payment and ownership transfer is concluded.
Industry: Industry – Total funding: $772.2Million
CRED is a platform where you can pay your credit card bills and get rewarded for it. The platform has created a new model where users get “CRED coins” when they pay their bills through the CRED app. These coins can later be redeemed for buying any product, entering into a contest, or joining any workshop. The startup is Bangalore based and provides a range of services like credit and premium catalogue of products to the customers. The startup believes to incentivise people in order to improve their financial behaviour.