Emerging Start-ups in India
2018-10-22
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 –
BANGALORE |
![]() PROMOTER: Amitabh Saran (Founder & CEO), Shalendra Gupta (Co-Founder & CFO), Lasse Moklegaard (CTO and Co-Founder) & John Bangura( Co-founder & VP Engineering) SOLUTION OFFERINGS: Electric Motors & Generators, Battery Management Systems, Power Electronics, Advanced Telematics, Engineering Design & Software Algorithms |
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COMPANY : ShieldSquare |
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![]() COMPANY : Quantta PROMOTER: Ritesh Bawri ( Founder), Malvika Bawri ( Co-Founder) and Vinay Bawri( Co-Founder) SOLUTION OFFERINGS: Quantta Connect, Quantta Convert, Quantta Communicate, Quantta Custom |
DELHI |
COMPANY : Kratikal Tech. Pvt. Ltd |
COMPANY : Bizom |
COMPANY : HeyMojo |
COMPANY : Notify Visitors |
![]() 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 |
MUMBAI |
COMPANY : Sequretek |
COMPANY : Smokescreen Technologies |
COMPANY: Droni Tech |
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![]() COMPANY : Jubi AI PROMOTER: Subhadeep Bhattacharyya, Co-Founder and CEO SOLUTION OFFERINGS: Iterative Turing Optimization, Omni channel and Voice-Capable, Performance-based to solve toughest challenges, Personalized re-engagement, Multi-lingual and behaviour-first |
CHENNAI |
COMPANY : Inthree Access |
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COMPANY: Tradly |
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