Emerging Startup Ecosystem in India

The start-up ecosystem in India has finally picked up pace, now that it is the 2rd largest in the world and is expected to witness YoY growth of 10-12%. As per the figures of the Govt. of India, there are 20,000 start-ups in India, with around 4,750 of them being technology led startups. 1,400 new tech startups were born in 2016 alone, implying that there are 3-4 tech startups born every day. Bangalore has also been listed within the world’s 20 leading startup cities in the 2015 Startup Genome Project ranking. It is also ranked as one of the world’s five fastest growing startup cities.

Along with start-ups, venture capital investments have also picked up 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. 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.

As per another report by Innoven Capital, leading factors that make India appealing as a startup nation are- Cost of doing business, Proximity to customers/vendors, and Size of domestic market. While 7 million college students graduate come out every year, 55% of the youth prefer working in startups over corporates.

It has also seen that online marketplaces continued to gain a lot of traction in India. The country is witnessing a rapid rise in the B2B tech startup landscape, focused on verticals like health-tech, fintech, and ecommerce/aggregators. Investments 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.

We have seen some interesting start-ups come up in Kerala, Hyderabad, Gurgaon, Chandigarh and Pune and present a list of a few start-up companies from each of these places-

HYDERABAD

H-Bots Robotics
Kisshhan Psv, Founder & CEO
H-Bots helps enterprises reimagine their businesses for the digital age, offers an integrated portfolio of products, solutions , services and Research space built around Digital, IoT, Automation, Analytics, Hardware prototyping amongst others
website: h-bots.com

Syntizen
Vamsi Kotte, CEO

Syntizen’s solutions are being used by various clients and huge numbers of e-KYC, Authentications and SMS’s are being used for their business purposes. Syntizen provides a Network Operations Centre (NOC) for smooth operations of Aadhaar & NSDL’s transactions 
      website: syntizen.com

Ayasta
Ravi Teja Avasarala, Founder

Ayasta is an enterprise focused IoT startup working on Digitising Electrical building a proprietary platform called CEGMA, a culmination of sensors, Machine Learning and Computer VIsion to monitor, analyse and detect anomalies in the electrical systems both inside a given facility and outside in the electrical grid
website: ayasta.com

STICHIO
Vivek Aalok, Co-founder

STICHIO is a first-of-its-kind social network that offers a large assortment of readily available ideas in the form of DARES or challenges. These challenges can range from fun, talent, fitness and puzzles to totally outrageous ones
website: http://www.stichio.co.in/

Wozart Technologies
Nikhil Mandalika, Vice President and co-founder

Wozart Technologies is an IoT startup that has built a wireless home automation and Apple Homekit licensed product. It provides OS level integration with smart devices providing future proof home automation product and absolute data privacy and military grade encrypted communication protocol through the usage of iCloud for data communication
website: https://www.wozart.com/

GURGAON

Joe Hukum
Arihant Jain (Co-founder)

Joe Hukum sets out with a vision of building the most cutting edge technology around chat automation, a platform that helps businesses build their own chatbots
website: http://joehukum.com/

One Labs
Rahul Gupta, CEO and Co-founder

One Labs flagship product ‘inOne’ is a services conglomerate and transaction engine app to get Movies, Shop, Groceries, Cabs, Home Services and more within a single app
website: onelabs.com

GAMOOZ
Gaurav Wadhwa, Founder & CEO

GAMOOZ is an Interactive Books Platform based on Augmented Reality. Students can scan pages in a book to reveal hidden content, which helps them in learning more from the book and allows Book Publishers to add fun and interactivity to their books
website: http://gamooz.com/

NIKSUN
Parag Pruthi,
Founder, Chairman & CEO

NIKSUN is a provider of real-time, forensics-based cyber security and network monitoring solutions to secure critical infrastructure, optimize service delivery and reduce compliance risks
website: https://niksun.com/

INDwealth
Ashish Kashyap, Founder

INDwealth is an AI and machine learning-based wealth management and advisory platform that aims to provide solutions to investors ranging from wealth management, investments, micro-savings, taxation, lending, expense management, and portfolio management
website: https://www.indwealth.net/

KERALA

CAT CyberLabs
Amarnath Sankar, Co-Founder & CEO

CAT CyberLabs is a provider of training programmes which cover public lectures, presentations and seminars on Cyber Security & Ethical Hacking

Aspirantz InfoSec
Suraj Kumar, Founder

Aspirantz InfoSec is a provider of intensive, immersion security services that cover ethical Hacking, Penetration Testing, Information Security, Network Security, Web Security and range of certifications in different security domains
Website: http://aspirantz.in/

Mirox Cyber Security
Rajesh Babu, Founder

Mirox Cyber Security is a provider of IT Security and Networking Solutions which also cover training and development services to Banking, Insurance, Healthcare, Research center, IT, Government and other key sectors
Website: https://www.miroxindia.com/

EyeROV
Johns T Mathai, CEO

EyeROV is a cost-effective underwater rover that works up to a depth of 100m. It can be easily controlled using a laptop or a joystick. A camera fitted on to the underwater drone (ROV), gives a live video feed of the underwater environment
Website: https://eyerov.com/

Qwave
Gopakumar Parameswaran, Founder & CEO

Qwave works with Silicon Vendors, Product Companies, End Users and Start-up companies dealing with Architecture, Design and Development of innovative hardware systems
Website: qwaveinc.com

CHANDIGARH

iNVERTEDI
Ketan Sharma, CEO & Co-founder

iNVERTEDI is a mobile application development domain working on developing customized apps and varied type of software for enterprises to manage businesses resources accounts and inventory etc. efficiently

Website: inverted.com

ActiFend
Sastry Tumuluri, CEO

ActiFnd is an enterprise class web security – deployed in the cloud as a shared resource combines the power of a full SIEM tool along with Incident Response collaboration capabilities that will help defenses stay relevant well into the future

Code Brew Labs
Aseem Ghavri, Co-founder & CEO

Code Brew Labs is an award winning mobile app development company that excels in working with alien computing technology. Build identities and experiences to elevate and empower organizations with computing technology
Website: https://www.code-brew.com/

Click Labs
Samar Singla, Founder

Click Labs provides mobile strategists, designs and develops, dedicated to help companies of all sizes leverage the exciting and dynamic world of application development and solution consultation
Website: http://click-labs.com/

MobiProbe
Manish Kumar, Founder and Technical Architect

MobiProbe is a space grade, malleable, realtime, performance and engagement measurement workbench for connected devices, systems and applications
Website: https://www.mobiprobe.com/

PUNE

Delta Proactive Risk Management
Anshul Abhang, Founder & CEO

Delta Proactive Risk Management is a provider of proprietary services such as extensive risk management, IT Security Audits, Digital Forensic Investigations and Secure SDLC Services
Website: http://fluxonix.com/

Pivotchain Solutions
Deepak Rao, Founder, CEO

Pivotchain Solutions is a provider of advanced analytical solutions using Big Data, Machine Learning & AI frameworks and to improve revenue and cut cost extract value and insights from data
Website: https://pivotchain.com/

NetConclave Systems
Niranjan. P. Reddy, Founder & CTO

NetConclave Systems is a provider of information security consultancy & training services across the globe
Website: http://netconclave.com/

Valency Networks
Prashant Phatak, Founder & CEO

Valency Networks is a provider of monolithic and quality based portfolio of IT security solutions that covers IT performance and monitoring solutions, Penetration Testing, Ethical Hacking, IT audit, compliance and governance
Website: http://valencynetworks.com/

WebDefenders
Neeket R Pokharrna, Founder & Director

WebDefenders is a provider of a portfolio of security services which encompasses Vulnerability Assessment & Penetration Testing, Cyber Crime Investigations, Security Audits, Data Backup and Recovery, cyber law consulting, forensics, R & D and cyber training
Website: webdefenders.com