Emerging Start-ups in Delhi
Venture capital investments have picked up pace in India. As per KPMG, the start-up ecosystem saw over $2.5 billion investment in the third quarter of 2018, which was almost double from over $1 billion invested in the second quarter. Despite the increase, this is half of the $5 billion invested in the third quarter of 2017. Start-up comes with disruptive innovations, which develops confidence to take risks and explore by advocating and later on rewarding opportunity.
The report says that India saw a quarter on quarter increase in VC investment buoyed by $1 billion raised by hotel booking company Oyo Rooms to finance its expansion into China. Oyo became India's second most valuable technology start-up after Paytm and leapt into unicorn status with a $5 billion valuation. India also saw several $100 million plus megadeals this quarter, including $225 million by Udaan, $120 million by Curefit and $100 million by BookMyShow," the report said.
It has also seen that online marketplaces continue to gain a lot of traction in India during the quarter, with the second-hand car company Cars24 raising $50 million. India is witnessing a rapid rise in the B2B tech startup landscape, focused on verticals like healthtech, fintech, and ecommerce/aggregators.
According to a report, the investment in startups across segments such as Artificial Intelligence (AI), Fintech, Logistics and Software as a Service (SaaS) touched $6.1 billion, with investment in 575 firms since 2016. Till now fintech topped the chart in terms of funding with $4.4 billion, followed by logistics at $838 million. There are certain interesting start-ups present in Delhi/NCR, Mumbai, Bangaluru and Chennai, of which we present you the leading 5 start-ups from each of these cities –
COMPANY : Kratikal Tech. Pvt. Ltd PROMOTER: Pavan Kushwaha, Founder & CEO SOLUTION OFFERINGS: Complete suite of manual and automated security testing services like- Managed Security, Compliance Security, ThreatCop |
COMPANY : Bizom PROMOTER: Lalit Bhise, Chief Executive Officer SOLUTION OFFERINGS: Order Management, Distributor Management, Van Sales Automation, Field Force Tracking, Claims Management System, Retail Execution & Merchandising, Task/Lead Management, Service Rep Management, Attendance & Leave Management, Business Intelligence and Analytics, Asset Management System |
COMPANY : HeyMojo PROMOTER: Jagdish Repaswal, Founder and CEO SOLUTION OFFERINGS: Build Chatbots, Dash buttons and website widgets for direct bookings, online ordering and guest experience management |
COMPANY : Notify Visitors PROMOTER: Siddharth Gupta, Co-Founder & CEO SOLUTION OFFERINGS: Customer Engagement Software, Conversion Rate Optimisation Software, Analytics |
COMPANY : Lucideus Technologies PROMOTER: Saket Modi, Co-Founder & CEO SOLUTION OFFERINGS: ITS Maturity Assessment, Governance Policy Formation, Security Technology Trainings, Application Security, IT Infra Security, Emergency Response, Cyber Forensics, Fraud Investigation |
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