Indian market is considered to have the third-largest scope in the world. So many entrepreneurs and business-minded personalities are taking the advantage of this. In India, thousands of startups originate annually. Some perform well while some might fail to prove their potential in the market. Here is the list of some top startups in India that have performed amazingly well in a very less span of time and are successfully going to touch the great heights of success.
The main and key feature for any startup is a great idea followed by dedication and hard work. The combination of all these is enough for any startup to grow and achieve success. All the startups in our list are completely different from each other but the combinations of all these factors are present in all of them.
List of Top 10 Startups in India
Flipkart is an Indian E-Commerce company that was founded in 2007 by the two alumni of I.I.T. Delhi Sachin Bansal and Binny Bansal. They both formerly worked for Amazon and left their jobs to start something of their own. Initially, the plan was to sell books only but later on as they started getting success they expanded their business to a variety of products. The company primarily competes with Amazon India and with Snapdeal as a local competitor. Flipkart is considered as the biggest and the most successful startup idea of India. The company started its business from 4 Lakh Rupees in 2007 and now holds a value of around $25 Billion.
Paytm is an Indian e-commerce payment system founded by Vijay Shankar Sharma in 2010. It is currently the most used digital payment application in India and has a very contribution in making India cashless. It started off as a digital mobile recharging platform and enhancements are made later on. Paytm was started with an investment of $2 Million in 2010 and in a survey of 2018, it was valued at around $10 Billion. Also, as per the reports around 7 Million merchants in India accept Paytm as a source of payment transactions.
BYJU is an online tutoring app founded in 2011 by Byju Raveendran. BYJU’s is the largest online ed-tech platform that offers various online courses as per the Indian education system. It also offers online classes and study material for various competitive exams like UPSC, SSC, CAT, etc.
In 2019, it was considered as the most valuable ed-tech company with the net worth of Rs 3700 Crores. Also, BYJU’s won the sponsorship of the Indian cricket team replacing oppo from the jersey of Indian cricketers. Currently one of the most popular Bollywood actors Mr. Shah Rukh Khan is the brand ambassador of BYJU’s.
In 2013 two founders, Sriharsha Majety and Nandan Reddy started an online courtier service app later they moved to a food delivery platform and named it Swiggy. In the beginning, they were the team of just 6 delivery executives with 25 partner restaurants but the company started coming into pace after their 6 months of service. Currently, it is India’s largest and most popular food delivery platform with around 1.5 Million food orders per day across India.
OYO is currently the largest and the most popular chain of hotels in India the field of hospitality. It was founded by Ritesh Agarwal in 2013 with a unique idea that is successfully growing in more than 13 countries currently. The company is currently listed at the value of around $10 Billion as per the recent rounding survey. The OYO comprises the chain of more than 40 thousand hotels serving as the largest hotel chain. So many companies in the US have opted for this idea of Ritesh Agarwal and trying to go with similar efforts.