In the era of Globalization, Privatisation, Liberalization, new terms has already established its name called Digitalization. With the combination of these 4 words; LPGD, India is booming and youth is becoming master of their own destiny. With the support of government and investors, Indian Startups are proving globally as a business giant. We should not hesitate by saying that India is in the golden period of startups. To prove this we have mentioned the list of top 20 startups in India that are rocking, glittering like gold and establishing them across the world.
1. Oyo:
Oyo, founded by Ritesh Agarwal is the World’s 3rd largest and fastest-growing hotel chain. It is listed in the top 20 startups in India. Within 6 years it expanded in India, China, Japan, the Philippines, Saudi Arabia, Malaysia, Indonesia, and the US. It is hugely funded by Softbank Group, Greenoaks Capital, Sequoia India, Lightspeed India, Hero Enterprise, Airbnb and China Lodging Group and many more.
Established In: 2013
Head Office: Gurgaon, India
Total Funding: $ 1.6 billion
Net worth: $ 10 billion
2. Wow! Momo:
Wow! Momo founded by Sagar Jagdish Daryani and Binod Kumar Homagai is the fastest-growing food chain in India. More than 200 outlets across 13 cities in India including Delhi, Kochi, Gurgaon etc. Tiger Global Management has invested INR 130 Cr and the company valuing more than INR 860 Cr. It is considered as the top 20 best startups in India.
Established In: 2008
Head Office: Kolkata, India
Total Funding: $ 470 million
Net worth: $ 1.8 billion
3. Byjus:
Byjus-Think and Learn Private Ltd, founded by Ravindran Byju, is a learning app and the world’s most valued online education company. It trains student from k-12 and prepare for medical and engineering competitive exams along with school courses. Moreover, It prepares for GRE, GMAT, CAT, and IAS as well. Microsoft, Facebook, Softbank Group are the major investors along with others.
Byju’s is the only startup that is making a profit of INR 280Cr in 2019. It ranked first on the top 20 startups in India.
Established In: 2011
Head Office: Bangalore, India
Total Funding: $ 2 billion
Net worth: $ 8 billion
4. Ola Cabs:
Ola Cabs, founded by Bhavish Aggrawal, is peer to peer taxi service company. It has an expanded network of more than 10,00,000 vehicles across 169 cities including major cities like Delhi, Chennai, Mumbai, Kolkata, Hyderabad, Pune. Now they are planning to expand internationally in the UK, New-Zealand, and Australia. SoftBank Group is the major investor in Ola Cabs along with some other investors.
Established In: 2010
Head Office: Bangalore, India
Total Funding: $ 3.8 billion
Net worth: $ 6.2 billion
5. Zomato:
Zomato, founded by Deepinder Goyal, is the leading food-tech startup in India. It turned into the international market with its presence in 24 countries including Australia, Canada, and Brazil. Info Edge India and Sequoia Capital are the major investors along with others.
Established In: 2008
Head Office: Gurgaon, India
Total Funding: $ 760.8 million
Net worth: $ 2.8 billion
6. Paytm:
Paytm provides payment services and is among other top startups. It is dominating all over India. Paytm is founded by Vijay Shenkar Sharma which offers 11 languages of India. Online use-cases like mobile recharges, utility bill payments, travel, movies, and events bookings. In-store payments at grocery stores, fruits and vegetable shops, restaurants, parking, tolls, pharmacies and educational institutions with the Paytm QR code.
Established In: 2010
Head Office: Noida, India
Total Funding: $ 2.2 billion
Net worth: $ 10 billion
7. Cure.Fit:
As the name suggest its a health platform which provides both digital and offline experiences in terms of nutrition, psychological and fitness for wellbeing. Especially they have 3 product offerings which are cult.fit, eat.fit and mind.fit. Cure.fit is founded by Mukesh Bansal who is an investor and digital entrepreneur. He is also a founder of Myntra.
Established In: 2016
Head Office: Bangalore, India
Total Funding: $ 290 million
Net worth: $ 600 million
8. Treebo Hotels:
Treebo is founded by Sidharth Gupta, Rahul Chaudhary, and Kadam Jeet Jain with the objective of providing budget hotels to the Indians. It has more than 400 hotels in 80 cities. It works on a Franchise model. The recent big investors for Treebo are Ward Ferry Management and Karst Peak Capital.
Established In: 2015
Head Office: Bangalore, India
Total Funding: $ 57 million
Net worth: $ 850 million
9. Razorpay:
Razorpay, founded by Shashank Kumar and Harsil Mathur is a payment solution company. It counted as one of the top 20 startup in India with the USP of user-friendly suite to all companies from startups to enterprises. In this, any business can accept, process and disburse the payments.
Established In: 2013
Head Office: Bangalore, India
Total Funding: $ 75 million
Net worth: $ 550 million
10. Travel Triangle:
Travel Triangle, founded by Sankalp Agarwal, Sanchit Garg and Prabhat Gupta, is one of the growing tours and travel online companies. It is trying to build a holiday ecosystem and to promote local travel agents. Travellers can be benefitted from the point of arrival to point of destination with the best flight, hotel, cab and destination choice services. The major investors are SAIF Partners, Bessemer Venture Partners, RB investments and some others.
Established In: 2011
Head Office: Mumbai, India
Total Funding: $ 45 million
Net worth: $ 300 million
11. Xpressbees:
With its extensive network, Expressbees is providing e-commerce logistics services which is reliable and fast. It is equipped with technology and its network reach is safe and secure among the partners. This Indian startup is bringing value to the customer and its shareholders. Alibaba is the major investor in Expressbees. Amitava Saha and Supam Maheshwari are the founders of Xpressbees.
Established In: 2015
Head Office: Pune, India
Total Funding: $ 257.6 million
Net worth: $ 600 million
12. Zest Money:
Zest money is a financial service company which offers EMI on personal loan, education, healthcare, travel, smartphones and many more. Their service offering is so exciting, that for EMI you don’t need to have a Credit Card or Credit Score. It can be used without a Credit card. The process is 100% digital with instant approval.
Ashish Anantharaman is the founder and CEO of Zest Money. Xiaomi is the major investor in this startup along with PayU, Ribbit Capital and Omidyar Network.
Established In: 2015
Head Office: Bangalore, India
Total Funding: $ 46.1 million
Net worth: $ 250 million
13. ShareChat:
ShareChat, founded by Ankush Sachdeva, Bhanu Singh and Farid Ahsan, is a local language social networking application. The specialty of ShareChat is, you can share jokes, videos, GIFs, songs and images in Indian local languages such as Hindi, Telugu, Malayalam, and Marathi.
Xiaomi, SAIF Partners and Lightspeed Venture Partners are the major investors in ShareChat.
Established In: 2015
Head Office: Gurgaon, India
Total Funding: $ 222.8 million
Net worth: $ 750 million
14. Urban Ladder:
Urban Ladder, founded by Ashish Goel and Rajiv Srivastsa, is an Omni solution of home decor. It helps urban homes to build furnished by providing. Urban Ladder has established itself as the first online service in this sector. It covered more than 5000 designs across 35 categories such as living, dining, bedroom, study, and decor, Urban Ladder. The major investors of Urban Ladder are Kalaari Capital, SAIF Partners, Steadview Capital, Ratan Tata, and Tata Sons.
Urban Ladder is listed as one of the top 20 startups in India.
Established In: 2012
Head Office: Bangalore, India
Total Funding: $ 112.8 million
Net worth: $ 280 million
15. CoWrks:
CoWrks is one of the fastest-growing and listed under the top 20 startups in India 2019. It is founded by Siddharth Menda, which provides coworking spaces in India across Bangalore, Mumbai, Delhi NCR, Hyderabad and Chennai. It offers premium offices and coworking space for Commercial Real Estate, office rentals and office space for professionals, freelancers, entrepreneurs, and other working people. With the growth rate of more than 250%, they are looking for external funds and targeting 75000 members by the end of 2019.
Established In: 2016
Head Office: New Delhi, India
Total Funding: $ 350 million
Net worth: $ 800 million
16. Milk Basket:
Milk Basket, founded by Anant Goel, is a subscription-based delivery service that supplies the daily dairy requirements to their customers every morning. In their services, they deliver milk, butter, curd, bread, eggs, juices to the doorsteps of their customers, free of charge.
Milk Basket is the first Indian Startup who came up with this idea of getting fresh milk delivered at home every morning. They are delivering their services in Gurgaon, Noida, Delhi, Bengaluru and Hyderabad. Grofers and Prime Now are the main investors and shareholders in Milk Basket.
Established In: 2015
Head Office: Gurgaon, India
Total Funding: $ 70 million
Net worth: $ 500 million
17. Car24:
Car 24, founded by Vikram Chopra and Mehur Agarwal, which provides a selling platform of used cars at the best price. This company wants to change the Transaction ecosystem for the pre-owned car in the Indian marketplace.
KCK, Sequoia Capital, partners of DST Global, the Agnelli Family and MS Dhoni are the major investors of Car24.
Established In: 2015
Head Office: Gurgaon, India
Total Funding: $ 80 million
Net worth: $ 550 million
18. FreshToHome:
One of the fastest-growing and listed in the top 20 startups in India 2019, founded by Shan Kadavil. It is an online Indian marketplace that sells fresh and chemical-free fish, chicken, seafood and meat. The growth rate of FreshToHome is so amazing that it is planning to expand in 20 cities. They raised their funding from Iron Pillar and got angel funding too, which is undisclosed.
Established In: 2015
Head Office: Bengaluru, India
Total Funding: $ 200 million(estimated)
Net worth: $ 600 million
19. FreshMenu:
FreshMenu, founded by Rashmi Daga, is the most exciting food tech company in India. This company is growing with the staggering rate of 300%. In FreshMenu, food will be cooked and delivered to you within minutes, where they provide Desserts, Chinese, Biryani, North Indian, Italian, Continental, Thai, Lebanese, Mediterranean, Fast Food, Health Food etc. Lightspeed India Partners and Zodius Capital are the major investors of FreshMenu.
Established In: 2014
Head Office: Bengaluru, India
Total Funding: $ 80 million
Net worth: $ 300 million
20. Meesho:
Meesho, founded by Vidit Aatrey and Sanjeev Barnwal, is a social commerce platform that provides small businesses and individuals to start their online stores via social channels such as WhatsApp, Facebook, Instagram, etc. It is the e-commerce distribution channel where homepreneurs can sell their products and services on WhatsApp, Facebook, and Instagram.
The major investors of Meesho is Naspers, SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway. FaceBook is also participating in the investors’ round.
Established In: 2015
Head Office: Bengaluru, India
Total Funding: $ 125 million
Net worth: $ 650 million
Closing Key Note:
When it seems easy to keep going in India, later stages of these startups and expansion becomes crucial. The Reason is, funding becomes complicated because leading companies wants to go with international venture investors. This is the only difference between being a complete failure startups or top-funded startups in India.
If India has proven itself as the best destination for foreign investors to do business then why not for Indians. There are non-ending money-making opportunities with immense scope in today’s India. Startups can also have high success rate with there intellect in business.
Nowadays, Indians are also not afraid of trying new things. With the experiments, innovation and discovery they are setting their feet across the globe. India is a market for all where you can create a win-win situation and start any profitable venture based on your skills and interests.
Final Words:
The above mentioned top 20 startups in India is the clear indication of this world of thoughtful people supported by IoT, BlockChains, Technology and other digital things. If you have any idea or business plan, just do it. It’s your life. Shape and change yourself with your set of skills and passion in time. Don’t wait for time to change you. And, Always keep in mind, that planning, execution and path of continuous improvement decides destiny. Else the path of success and failure are the same.
