India is the hotbed of enterprise innovation and start-ups play a key role in the developing economies like India, but the COVID-19 crisis is reducing their creation, challenging their survival, and limiting their growth. Start-ups have emerged as key drivers of economic growth and job creation, and are often a catalyst for radical innovation.,COVID-19 is not only a challenge for existing start-ups but also for the creation of new ones.
India is amongst the most youthful nations in the world and recently start-ups in India have entered in the industry either unearthing an entirely new market or through gaps in existing markets or product lines. The recent FDI policy of the country has made the investors stunned but previously allowing all its neighbouring countries and their citizens to invest in Indian companies automatically, i.e., without government approval. However, in April this year, this provision was altered, mandating all investments from neighbouring countries to obtain government approval first.
Indian tech start-ups and the start-up ecosystem in India have never had such a good year as 2019. In India, tech start-ups have raised $14.5 billion in 2019. They have surpassed their previous record of $10.6 billion in 2018. The fast growing products and start-up ecosystem in the country provides a platform to engage with thought leaders in the product space and discuss issues of common interest.
Brand Book editorial team had taken a deep dive to find out on how the smart start-ups are performing in the industry with their innovative technology and newer approaches. Various data points are reflecting on their performance metrics. The start-up ecosystem is to bring trillion dollar opportunity and specially India’s fin-tech start-ups cornering the highest amount of funding in the ecosystem.
The foundation of the ecosystem is already in place with India being the third largest hub for start-ups globally in terms of attracting investment for technology transactions. Besides the US, many feel that world-class services come from India. For years now, India has branded itself as the world’s leading outsourcing destination. Also, the country has reinvented itself as an innovation hub.
Thanks to the government for taking various key initiatives with a number of start-up schemes related to the technologies to boost the start-up growth. India’s start-up ecosystem has grown consistently and there are certain successful start-ups in India, have given rise to more start-ups. Enablers, accelerators, and incubators are the firms that are providing start-ups with growth advice and decision-making tools. Let’s see how these start-ups are performing in the Indian market.
COMPANY NAME
1 MG
Name : Prashant Tandon
Designation: Co-Founder& CEO
City: Gurgaon
GTM strategy: 1mg is an online pharmacy network platform and generic medicine engine. India's best online pharmacy with a wide range of Prescription and OTC medicines. Order medicines online at 1mg's medicine store in 100+ cities in India.
AIRMEET
Name : LALIT MANGAL
Designation : Co-founder
City: Bangaluru
GTM Strategy: Virtual conferences. Using Airmeet for Hosting an Online Events. It offers a great user experience in a very easy-to-use and secure manner. Airmeet provides HD quality video and audio, leading to an excellent broadcast experience. Video communications on Airmeet are powered by Agora.io, enabling real-time high-quality video chat.
AMBEE
Name: AKSHAY JOSHI
Designation-CEO
City: Bengaluru
GTM strategy: Environmental intelligence start-up Ambee provides real-time information on hyperlocal air quality with the help of a hybrid model of open data sources and its own IoT (Internet of Things) sensor network.
AVAADA ENERGY
Name : Vineet Mittal
Designation- Founder &MD
City: Noida
GTM Strategy: Imagine a world where the sun powers our lives and wind lifts our dreams. Imagine a world where there is abundance of energy generated from renewable sources. A strong emphasis on generating clean energy led to the creation of AVAADA.
BEST BOOK BUDDIES
Name : Sudhir Gandotra
Designation: Founder
City: New Delhi
GTM Strategy: Best Book Buddies (BBB) brings the whole of the Books domain, (both e-Content and Physical) on a single platform connecting B2B2C. . With the smart use of technology, BBB solves the current problems of the entire value chain Every user can be a seller as well as a customer here, which is another unique feature.
BOUNCE
Name: VIVEKANANDA HALLEKERE
Designation:Co- Founder & CEO
City: Bengaluru
GTM Strategy: Bounce (earlier called Metro Bikes), the utility arm of Wicked Ride focuses on solving the commute problem. It allows users to identify a bicycle, scooter or electric scooters, book the vehicle, drive it themselves to their destination and leave it there.
BULKMRO
Name : Gaurang Shah
Designation: Co-Founder
City: Mumbai
GTM Strategy: Bulk MRO Industrial Supply is a global B2B platform that services hundreds of Large Corporations, Governments and Healthcare Networks across Europe, North America, India, Middle East, and Africa as a one-stop-shop for millions of products from thousands of manufacturers.
CARS 24
Name: Vikram Chopra
Designation:Co-Founder & CEO
City: Gurgaon
GTM Strategy: CARS24 makes your used car selling easy & hassle free. Get your used car valuation online for free. CARS24 is now spread across 11 cities with 50+ branches and has a track record of completing one lakh + car auctions.
CAVISSON SYSTEMS
Name : Sunil Sangal
Designation: CEO
City: Noida
GTM Strategy: It is a leading provider of performance intelligence platform that ensures exceptional customer experience and business efficacy of mission-critical applications. Cavisson’s performance testing, diagnostics software, helps enterprises maximize up-time and optimize server response time for seamless transactions and exceptional buying experiences.
CLEARTAX
Name: Archit Gupta
Designation: CEO
City: Bengaluru
GTM Strategy: Financial-Technology platform providing solutions for Income Tax filing, GST and Mutual Fund Investments. Today it is the largest tax filing platform in India with more than 20 Lakh returns filed through ClearTax.
CLEVERTAP
Name: Sunil Thomas
Designation: Co-Founder & CEO
City: Bengaluru
GTM Strategy: It is a SaaS based customer lifecycle management and mobile marketing company. It provides mobile app analytics and user engagement products to more than 8,000 including Sony, Vodafone, Carousell, DC Comics, Go-Jek, BookMyShow, and DealsPlus.
CLOUDKINETICS
Name: Karthik S.
Designation: FOUNDER & CTO
City: Chennai
GTM Strategy: A leading Digital Transformation enabler aims to accelerate the business adoption of cloud technologies. With core strengths in Public Cloud Infrastructure solutions, Data Analytics and Application Modernization, it helps in customer's Digital transformation and data-driven business journey. Remove
CRON SYSTEMS
Name: Tushar Chhabra
Designation: Co-Founder & CEO
City:Delhi
GTM Strategy: Delivering innovative situational awareness solutions. CRON Systems is a leading provider of high-performance, sensing products and perception software that brings vision to the UAVs, automobiles, mapping, security and general surveillance and other industries to enhance situational awareness.
CROPLN
Name: Krishna Kumar
Designation: Founder & CEO
City:Bengaluru
GTM Strategy : CropIn is a leading "Full-Stack AgTech" organization that provides SaaS solutions to agribusinesses globally. With the vision to "maximize per acre value" and the mission to "make every farm traceable", CropIn adds value by increasing efficiency, scaling productivity and strengthening sustainability across the board.
CUREFIT
Name: Mukesh Bansal
Designation: CEO
City: Bengaluru
GTM Strategy : Indian fitness and well-being startup Cure.fit, makes group workouts fun, daily food healthy & tasty, mental fitness easy with yoga & meditation, and medical & lifestyle care hassle-free. cure.fit makes holistic health easy for you with fun group classes, healthy meals and accessible primary care all on a single app
DAILYHUNT
Name:Virendra Gupta
Designation:Founder
City: Bengaluru
GTM Strategy: Dailyhunt brings every month in 14 languages diverse content coming daily from hundreds of thousands content creators and personalised by a state of the art AI feed leading to the world class engagement on the app. Advertisers both big & small, use dailyhunt to reach out to unique local language audience. Remove
DELHIVERY
Name: Sahil Barua
Designation: CEO
City:Goa
GTM Strategy : Delhivery is India’s leading fulfilment platform for digital commerce. With its nationwide network extending beyond 2300+ cities, the company provides a full suite of logistics services such as express parcel transportation, PTL and FTL freight, reverse logistics, cross-border, B2B & B2C warehousing and technology services.
DREAM11
Name: Harsh Jain
Designation: CEO& Co-Founder
City: Mumbai
GTM Strategy : India’s biggest Fantasy Sports platform with 8 Crore+ users playing Fantasy Cricket, Football, Kabaddi, Basketball, Hockey, Volleyball, Handball & Baseball. Dream11 helps Indian sports fans actively engage with and showcase knowledge of the sports they love.
DUNZO
Name: Kabeer Biswas
Designation: CEO
City:Bengaluru
GTM Strategy : It provides delivery services in Bengaluru, Delhi, Gurugram, Pune, Chennai, Jaipur, Mumbai and Hyderabad. The company also operates a Bike Taxi service in Gurugram. the hyperlocal delivery startup also partnered with digital payments app Google Pay to provide services such as grocery and medicine delivery, bike pool, pickup-and-drop facilities among others.
FRESHWORKS
Name: Girish Mathubootham
Designation: Founder &CEO
City:Chennai
GTM Strategy: provides organizations of all sizes with SaaS customer engagement solutions that make it easy for support, sales and marketing professionals to communicate effectively with customers for better service and collaborate with team members to resolve customer issues.
HIKE
Name: Kavin Bharati Mittal
Designation: Founder &CEO
City:
GTM Strategy : Hike believes that the future of social will have products that are joyful and built around people, not the other way around. The company believes the future of social lies in social niches and is scaling that future through two unique products, Hike Sticker Chat & WinZO.
INDWEALTH
Name: Ashish Kashyap
Designation: Founder &CEO
City: Gurgaon
GTM Strategy : It aims to enable consumers to track, save and grow their money. IND SuperMoneyApp automatically organises a user's money and recommends actions to increase savings and earnings across investments, loans, expenses and taxes.
INNEFU
Name : Tarun Wig
Designation: Co-Founder
City: New Delhi
GTM Strategy: Innefu is an Information Security R&D startup, providing cutting edge Information Security & Data Analytics solutions. With more than 100+ customers using Information Security and Data Analytics solutions, the company has become a leading player in the space of Artificial Intelligence for Data Analytics and Unified Authentication Solution.
INSHORTS
Name : Azhar Iqubal
Designation: CEO
City: New Delhi
GTM Strategy: Inshorts is a news app that selects latest and best news from multiple national and international sources and summarises them to present in a short and crisp 60 words or less format, personalized for you, in both, English or Hindi.
InstaSafe
Name : Sandip Kumar Panda
Designation: Co-Founder &CEO
City: Bengaluru
GTM Strategy: InstaSafe seeks to make the internet safe, connected and open, by eliminating the gaps in the traditional network and security tools. It solves the challenge of secure access to critical applications, with a highly scalable, cloud security solution that not only simplifies network security, but also makes enterprise security infrastructures even more secure.
KARZA TECHNOLOGIES
Name : Omkar Shirhatti
Designation: Co-Founder & CEO
City: New Delhi
GTM Strategy: It combats rising NPAs and Loan Frauds with big data analytics, business intelligence and machine learning to carry out background checks, assess credit worthiness of borrowers not just on their track record but also on their future potential and intent to repay loans.
KHATABOOK
Name : Ravish Naresh
Designation: Founder
City: Bengaluru
GTM Strategy: Replace your traditional udhaar bahi khata by new digital KhataBook. Shop owners can use the app to record credit (Jama) and debit (Udhar) transactions for their trusted customers. It is 100% Free, Safe and Secure for all types of businesses to maintain their customers'accounts.
KRATIKAL TECH PVT. LTD.
Name : Pavan Kushwaha
Designation: CEO
City: New Delhi
GTM Strategy: Kratikal is an end to end cyber security solutions provider. It is the trusted partner for enterprises and individuals, seeking to protect their brand, business and dignity from baffling cyber-attacks.
LAVELLE NETWORKS
Name : Vishal Khare
Designation: Co-Founder
City: Mumbai
GTM Strategy: Lavelle Networks solves the biggest challenges in the WAN for distributed enterprises. All users, locations and cloud applications are connected using the world’s simplest SD-WAN control panel, fastest network convergence algorithms, and a true network-as-a-service experience.
LOCUS
Name : Nishith Rastogi
Designation: Co-Founder & CEO
City: Bengaluru
GTM Strategy: It automates human decisions in supply chain to provide efficiency, transparency, and consistency in logistics operations. The platform uses deep machine learning and proprietary algorithms to offer smart logistics solutions like route optimization, real-time tracking, insights and analytics, vehicle allocation and utilization and more
Lucideus
Name:Saket Modi
Designation: Co-Founder &CEO
City:New Delhi
GTM Strategy: A cyber security start-ups and Lucideus is known for its Artificial Intelligence, Machine Learning backed Enterprise-Wide Cyber Risk Measurement and Mitigation platform called SAFE (Security Assessment Framework for an Enterprise).It has been responsible for the end-to-end security assessment of the BHIM Payments.
Manthan Software Services
Name:Atul Jalan
Designation: CEO& MD
City: Bengaluru
GTM Strategy: Manthan's portfolio of analytics-enabled business applications, advanced analytics platforms and solutions are architected to help users across industries walk the complete data-to-result path - analyze, take guided decisions and execute these decisions real-time.
Meesho
Name :Vidit Aatrey
Designation: Founder& CEO
City: Gurugram
GTM Strategy : It enables small businesses and individuals to start their online stores via social channels such as WhatsApp, Facebook, Instagram etc. India’s #1 Reselling platform trusted by 1 Crore+ Resellers who are earning more than ₹25,000 every month.
MILKBASKET
Name : ANANT GOEL
Designation: Founder & CEO
City: Gurugram
GTM Strategy : Milkbasket is micro-delivery service fulfilling daily grocery and household needs of customers every morning. It has built a new-age technology platform to enable frequent and frictionless buying with features like contactless delivery, one-click buying, and no checkout, all a first in the e-commerce industry.
MOGLIX
Name : RAHUL GARG
Designation: Founder
City: Noida
GTM Strategy : Asia-based B2B commerce company intensively inclined towards B2B procurement of industrial supplies, in particular, MRO, Safety, Electrical & Lighting, Cleaning & Laundry Supplies, Office Supplies, Tools and many more industry essentials.
MYGATE
Name : A VIJAY KUMAR
Designation: Founder
City: Bengaluru
GTM Strategy : MyGate is backed by top investors (including Tencent, Tiger Global, JSoros and Prime Venture Partners), and is well set for massive growth across India and international markets. We were recently ranked 4th in YourStory’s Top 50 Disruptive Startups and one of India's Coolest Start-ups
NAVI
Name : SACHIN BANSAL
Designation: CEO
City: Bengaluru
GTM Strategy : Navi Technologies (erstwhile known as BACQ) is founded by Sachin Bansal & Ankit Agarwal to build consumer-centric and technology-driven businesses in the BFSI (Banking, Financial Services & Insurance) space.
NINJACART
Name : THIRUKUMARAN NAGARAJAN
Designation: CO-FOUNDER & CEO
City: Bengaluru
GTM Strategy : Ninjacart is India’s largest Fresh Produce Supply Chain platform. It connects producers of food directly with retailers, restaurants, and service providers using in-house applications that drive end to end operations.
PHONEPE
Name : SAMEER NIGAM
Designation: CEO
City: Bangaluru
GTM Strategy : PhonePe is a mobile payments app that allows you to transfer money instantly to anyone, by using just their mobile number. Our goal is to make digital payments so easy, safe & universally accepted that people never feel the need to carry cash or cards again.
POCKET ACES
Name : ASHWIN SURESH
Designation: CO-FOUNDER
City: Mumbai
GTM Strategy : It is a digital media entertainment company. The company operates five socially distributed content brands: FilterCopy (short videos), Dice Media (multi-episode web series), Gobble (lifestyle videos), Jambo (young-adult animation shorts) and Nutshell (infotainment videos), as well as a direct-to-consumer platform: Loco (game streaming and e-sports app).
POLICYBAZAR
Name : YASHISH DAHIYA
Designation: CEO
City: Gurugram
GTM Strategy : A Financial technology company, Policybazaar, is an Indian insurance aggregator and a global financial technology company based in Gurugram, India. On-line insurance coverage platform Policybazaar goals to go public in 2021 at a valuation north of $3.5 billion.
Seclore Technology
Name: Vishal Gupta
Designation: CEO
City:Mumbai
GTM Strategy: Seclore Technology, a leader in providing security, privacy and compliance solutions,announces the successful deployment of its flagship Information Rights Management (IRM) technology - Seclore FileSecure- for HDFC Life, one of India's leading private life insurance companies
SHAKEDEAL
Name: AKSHEY HEDGE
Designation: CO-FOUNDER & M.D.
City:Bengaluru
GTM Strategy: ShakeDeal aims to be India's largest B2B bulk sourcing online marketplace for industrial goods, supplies, and raw materials. ShakeDeal was formed with the mission to drive out inefficiencies plaguing the traditional means in which business is conducted.
Skillmatics
Name: Dhvanil Sheth
Designation: CEO
City: Mumbai
GTM Strategy: Skillmatics develops innovative products that build core skills in children – all through the joy of play. A wide range of products filled with truly innovative content and highly engaging activities, all designed to be age appropriate, skill oriented and infinitely engaging for children.
Udaan
Name: Vibhav Gupta
Designation: FOUNDER
City: Bengaluru
GTM Strategy: UDAAN is about making business easier in India, about making B2B commerce convenient and efficient. India has 50m+ SMBs, who form core of Indian economy and society. They are the entrepreneurial pulse of India. It brings energies together in bringing power of Internet to these millions of entrepreneurs.
Unacademy
Name: Gaurav Munjal
Designation:CEO
City: Bengaluru
GTM Strategy: Unacademy aims to build the world's largest online knowledge repository for multi-lingual education. We use technology to empower great educators and create a community of self-learners. Our vision is to partner with the brightest minds and democratise education for everyone looking to learn.
UNIPHORE
Name: Umesh sachdev
Designation: Co-founder &CEO
City: Chennai
GTM Strategy: Uniphore is rooted in the fact that speech and the human voice sets us apart from other species. Redefining customer service through conversational AI and It’s the universal method of communication between us. Voices are essential and can be combined to create powerful conversations.
URBAN LADDER
Name: Ashish Goel
Designation: CEO
City: Bengaluru
GTM Strategy: It is India’s largest online furniture and home décor company. We are passionate about good design, and love creating products that enhance our customers’ lives. We take immense pride in making homes beautiful.
URBANCLAP
Name: Abhiraj Singh Bhal
Designation: Co-Founder
City: Gurgaon
GTM Strategy: Urban Company’s vision is to empower millions of service professionals across the world to deliver services at home like never seen before. The platform helps customers book reliable home services - from beauty services to massage therapy, appliance repair to plumbing etc. Urban Company has built a network of 30,000+ trained service professionals and served over 5 million customers.
YULU
Name: Amit Gupta
Designation: CO-FOUNDER & CEO
City: Bengaluru
GTM Strategy:Yulu provides a scalable, affordable, efficient and clean solution for the first mile, last mile, and short distance commute. By using IoT technology to create a vast network of shared eco-friendly 2 wheelers that can be rented easily by a user-friendly app in pay per use business model.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.