Top 10 successful startup in India: I’m very happy to share this kind of information with you, which is “Top 10 successful startup in India“. India has changed very fast for a few years, because of some dedicated people, who have created history in India.
They had Idea in their mind, which could disrupt the market, and they had just left their job and working for startups and created history. This is a time of startup in India and lot of young buddy are going for it. India is a young nation and their average age is 29 years and this is a benefit for India.
Their business has made their identity in domestically and internationally and giving the reason to the young people in India for startups. The govt of India has also initiated startup programme for young buddies.
With that said, Let’s see the Top 10 successful startup in India.
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Top 10 successful startup in India
The two IITians guys started the Flipkart in 2007. Flipkart is India’s leading e-commerce marketplace offering over 30 million products cross 70+ categories including Books, Consumer Electronics, media, and Lifestyle.
Flipkart achieved a huge success a few years back owing to its first-mover advantage in the online market in India. Sunny and Binny Bansal, IITians students worked for an Amazon for a few years and introduced the same concepts in India. Flipkart started with the books in 2007 and now they are selling almost thing from personal care to jewelry etc. Flipkart acquired a Myntra, an online fashion brand for around INR 2000 crore.
Deepinder Goyal and Pankaj Chaddah are the co-founders of Zomato. They have started the Zomato in 2008 and have covers 3,31,200 restaurants across 19 countries. They started as the name of Foodiebay.com, in two years, it was named the most promising internet companies in India.
Zomato is a restaurant search and discovery app, providing in-depth information for over 1 million restaurants across 23 countries. Zomato is used by consumers globally to discover, rate, and review restaurants, as well as create their own personal networks of fellow food enthusiasts for trusted recommendations.
In addition to restaurant search and discovery, Zomato has expanded its offering to include transactions – Online Ordering, Table Reservations, and Point-of-Sale system, creating cutting-edge technology to connect restaurant businesses and customers in ways that will revolutionize the restaurant industry.
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The Paytm founded by the Vijay Shekhar Sharma in 2010. Paytm is an Indian electronic payment digital wallet and e-commerce company based out of Delhi NCR, India.
The entrepreneur journey started in 2000 with one97 communications limited which use to provide news, cricket scores, ringtones and jokes, the birth of Paytm took place in 2010, Paytm today is India’s largest mobile payment services platform and also received license from RBI for India’s first payments banks, called “Paytm Banks Limited”
Paytm has over 150 million wallets and 75 million Android-based app downloads. Started as a prepaid mobile recharge website, its founder Sharma related how he was inspired by a visit to China when he saw vegetable vendors using their mobile phones to receive payments from some customers. This led to him establishing Paytm wallet in 2013 and there was no turning back. As of today, Paytm received investments from large corporates like Alibaba and also has invested in fellow fast-growing start-ups.
4) Oyo rooms
OYO is India’s largest branded network of hotels founded by Ritesh Agarwal, India’s first graduate of the Thiel Fellowship, a program started by Paypal founder, Peter Thiel. They currently operate in India & Malaysia with over 200+ locations including Delhi, Gurgaon, Mumbai, Bangalore, Hyderabad, Goa, Chennai, Kolkata, and Kuala Lumpur. OYO’s presence includes major metros, regional hubs, top leisure destinations, as well as pilgrimage towns.
Ritesh Agarwal dropped out of college and launched his first start‐up Oravel Stays Pvt. Ltd. in the year 2012. Oravel was designed as a platform to enable listing and booking of budget accommodation. Being an avid traveler, he soon realized that the budget hospitality sector lacked predictability. Therefore, he pivoted Oravel to OYO Rooms in 2013 with the key proposition of offering affordable and standardized accommodation.
This startup’s case study is the best of Top 10 successful startup in India.
5) Ola Cabs
ANI Technologies Pvt. Ltd. stylised as OLA, an Indian origin online network and aggregator for day-to-day transport. Ola founded by an IIT Bombay Alumni called Bhavish Aggarwal and Ankit Bhati in December 2010, which has become India’s most popular mobile app for transportation.
Ola’s unique selling point lies in understanding the local dynamics and creating solutions specifically for the Indian market conditions. Launching e-rickshaws, auto-rickshaws, Ola Micro and shared mobility solutions like Ola Share and Shuttle are few of the recent examples in this direction which has hit the market very hard. Given its ‘Made for India’ focus, it has a definitive advantage of innovation and hyper-local execution.
ShopClues is India’s first and the largest managed marketplace, clocking more than 100 million monthly visitors on its website. Founded in July 2011 in Silicon Valley, with 5cr listed products and over 500000 + merchants, ShopClues aims to provide the best online shopping experience to its customers, starting from the great selection, low price, ease of use, fast delivery, and best customer service.
Radhika Agarwal, Chief Business Officer, and Co-founder say, “When we started ShopClues, one thing was very clear that India has no experience with e-commerce. Trust online was much lower than what we would see in more developed countries. The merchants have not been exposed to internet commerce, the consumers were also not exposed to internet commerce. Our belief was that for merchants to bring merchants online and to bring the business online, we have to do a lot of hand-holding of the merchants, give them the tools the technologies, enable them, empower them, so that, through them, we will be able to give a great experience to our consumers”
Let’s have another important startup of Top 10 successful startup in India.
7) Bank Bazaar
BankBazaar, a FinTech company took its shape when Rati Shetty and Arjun Shetty tried to get a home loan from banks in India and couldn’t get the info in one place to decide upon which bank offers the best deal and have to wobble across the banks to get those details. So in the year of 2008, the couple along with Adhil Shetty established BankBazaar, the one destination for comparison and application of financial products in India. Financial products include Loans, Insurance, Credit/Debit cards, and Investments. The company is also providing Free Credit score service for the customer with few steps.
BankBazaar started its journey in Chennai by tying up with ING Vysya and HDFC. Currently, BankBazaar is offering its services to 5,00,000 customers across 1336 cities and towns in India with 30 partners.
Phanindra, Sudhakar and Charan are the co-founders of the RedBus.in. The budding entrepreneurs from the BITS Pilani initiate this Idea when one of them could not reach his home in Diwali because he did not get a bus ticket.
RedBus.in is India’s largest online bus ticketing website with the largest network of bus operators 1800+ and growing) and satisfied customer bookings up to 80,000 tickets a day. Redbus is required by the Ibibo.
They provide over 67000+ live routes across India. redBus also hosts sizeable bus seat inventory from state road transport corporations. This startup has achieved a huge success for its innovative idea of making bus ticket booking easier for the common man.
RedBus has recognized as an innovative organization that revolutionized the Bus travel industry and was Awarded as top 50 Global innovators by Fast Company.
9) Zoho Corp
Sridhar vembu is a CEO of Zoho Corp,co-founded AdventNet in 1996. Zoho is is a technology company based in California with development offices in India which provide SAAS services. The company has transformed itself from being a software company serving network equipment vendors to being an innovative applications platform.
Zoho Corp today has different Zoho Corporation Partner program across the world and its revenues are believed to be a quarter of Salesforce.
10) Make My Trip
Deep Kalra founded the Make My Trip in 2000. MakeMyTrip inc. is an Indian online travel company. The headquarters is situated in the Gurgaon, Haryana, the company provides online travel services like flight tickets, domestic and international holiday packages, hotel reservations, rail and bus tickets, etc.
The company also recognized as one of India’s best travel portal. In addition to the online full service, the company also operates 65 retail stores across 50 cities in India, along with international offices in New York City and Sydney.
Top 10 successful startup in India helped you to understand the need of the market.
You have read about the Top 10 successful startup in India. These are those startup in India, which really created the history across the world and changed the Indian market scenario.
After these startups, the Indian economy has grown exponentially in certain years. It easier the daily life of a normal person in India and I hope you are also using their applications for your convenience