10 PROMINENT STARTUPS IN INDIA
India, the 2nd most peak population country is gearing up its startup ambient rates since a decade. The conventional Indian system of education trains the young talents to be workers/laborers. In a inveterate habit of valuating the results of academics to define a person is overseen as a giant obstacle to production of new ideas in the youth. The ratio of people, making own business or being an entrepreneur to that of cultivating them to be laborers/workers is significantly low.
The demanding employment rate of 82,14,600 is almost implausible to attain though, if not sources of jobs are provided. Fortunately, the routine production of drudges is wavering this decade and the milieu goes in hand with arising of many startups across India.
Startups, if economically turned over, creates a notable employment which further adds on to country’s GDP. For instance, Swiggy enrolls 2.1 lakh delivery staffs and 8000 corporate employees. The Government of India too, in this aspect, heartens the idea of the idea-men by funding, helping to get through investors & other sources of aids through National Startup Awards, which is conducted every year to hoist the participants.
Starting with this brief intro of startups, lets step into the actual topic “10 Prominent Startups in India”. The ten is chosen on basis of its uniqueness, ability to spread economically and new fresh ideas. Go on to read!
1. Ola Electric :
Ola cabs spunoff its electric vehicles business into a separate unit called Ola Electric Mobility. Ola Electric also works on charging solutions, EV batteries and developing viable infrastructure to allow commercial EVs to operate at scale.
Founded in: 2019
Total Fundings : >$1 Billion
Udaan is a Business-to-business(B2B) trading, designed to solve core trade problems for small, medium and large businesses across India. It is the largest such national distribution platform of its kind enabling retailers and businesses to source merchandise from manufacturers, brands, white labels, importers etc. on a single platform. It discovers customers, suppliers and products across multiple categories and connects in line with people of like business aspects. It emerges with almost 20,000 sellers and avails with 15Lakh+ Products.
Founded in: 2016
Funding/Valuation: $869.9 Million
Bounce is a Scooter Rental App offering a diverse range of bike and scooter rental services, with an all-new keyless scooter rental concept. They are on a mission to make your daily commute stress-free, time-saving, reliable and convenient with our scooter rentals. With our gearless & keyless scooter rentals, the Bounce bike app has been instrumental in reducing traffic congestion in India by providing a smarter travel option for daily commuters.
Founded in/at: In 2014; At Bangalore, India.
Total Fundings: $220 Million
Cure.Fit is where you can cure or modify your body to the fittest. Cure.fit has under its umbrella eat.fit, cult.fit, mind.fit and care.fit offering digital and offline experiences 1. cult.fit, - deals with exercises, fitness freaking procedures. 2. Eat.fit – to take on a healthy diet. 3. Mind.fit – Helping to work on your mind as yoga, meditation tips.
Founded in : 2016
Total Fundings : $174.6 Million
Yulu is built on a simple philosophy to make Urban Mobility Seamless, Shareable and Sustainable. What started off as an initiative to reduce traffic congestion and pollution in Indian cities is now redefining urban mobility in the global context. Yulu is a technology driven mobility platform to enable Integrated Urban Mobility across public and private modes of transport. Using Micro Mobility Vehicles (MMVs) through a user-friendly mobile app, Yulu provides a seamless, shared and sustainable first and last-mile connectivity.
Founded in : 2017
Operational in : Bengaluru, Pune, Mumbai, and Bhubaneswar
Total Fundings : $8Million
Niki.ai was founded in 2015 to develop a chatbot which assists in automating tasks like online ordering and payments. With its chatbot SDK (software development kit), the startup used the machine learning and NLP (natural language processing) technology to communicate with the users over a chat interface. Niki.ai has raised funding from eminent investors such as Ratan Tata and Unilazer Ventures. The AI chatbot AI supports end-to-end bookings for Uber and Ola cabs and offers cab booking, bill payments, recharge, home services, and ordering food. The AI startup claims to have 50+ partners
Founded in : 2015
Total Fundings : $6.3 Million
SipTugle is an AI startup that can analyse patient samples, transfer it to a pathologist for analysis, and then deliver the final results back to the POC (point-of-care) in just under five minutes. This process helps to establish the initial diagnosis and ambulances can deliver the emergency medicine directly to patients without waiting for them to reach a hospital. The platform is developed to conduct basic screening and advanced diagnosis of urine, blood, and semen samples, along with retinal scans and x-rays. The startup has also designed an automated and computerised microscope, which addresses the lack of pathologists.
Founded in : 2015
Total Fundings : $40.8 M
Xpressbees is an e-commerce logistics firm that offers delivery, order management, shipping and tracking services. Having Birth in Pune, it extends to 2000+ offices, 52+ cargo airports, 20,000+ Field executives in India. Xpressbees in 2019 pins to it peak of about making 6,00,000 deliveries per day.
Founded in/at : In 2015; At Pune, Maharashtra, India.
Total Fundings: $167.6 M
Flyrobe is a rental/buying platform of outfits for men and women. It has almost all clothings, preluding from marriage outfits to professional ones, that endures with free shipping. You can sell your outfits too. It is owned by Omapal Technologies Pvt Ltd.
Founded in : 2015
Total Fundings: $10.7 M
10. Mihup Communications:
Mihup is powered by intelligent voice interfaces for any device or application. It can deliver human-like understanding of naturally spoken queries for large, complex content domains. Available as either an on-premise solution or a cloud based offering. Mihup is built on Automatic Speech Recognition (Offline and Online) in Indian languages with an AI foundation for scale and reliability in natural language processing (NLP) and information retrieval (IR). It offers flexibility to support customer-specified features, content domains. Media and Entertainment, consumer electronics, IoT, retail and e-commerce, automotive, BFSI are among the industry's segments can be benefited from Mihup's capabilities.
Founded in : 2016
Total Fundings: $8.03 M