Saturday, June 3, 2023

The Top 10 Indian Startups That You Need to Know About

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1. Cred

Cred, one of India’s most successful new businesses, was launched in 2018 by Kunal Shah in the city of Bangalore. A user’s credit card bill payments are rewarded with “cred coins” on this platform. You can trade in your coins for special deals and discounts down the line. Cred is one of the youngest startups in India to receive such a high evaluation, with a valuation of roughly $2.2 billion.

2. Skit.ai

The Bangalore-based startup Skit.ai (formerly known as Vernacular.ai) was established in 2016 by Akshay Deshraj, Manoj Sarda, and Sourabh Gupta. They currently employ between fifty and one hundred people. It offers artificial intelligence software as a service and strives to be the best AI platform, particularly for voice automation.3. 3. 

3. PharmEasy

Mumbai-based PharmEasy was established in 2015 by industry veterans Dharmil Sheth, Dhaval Shah, and Mikhil Innani. The company provides services to the healthcare, diagnostics, and pharmaceutical sectors. It’s an online medical store that sells everything one might find in a brick-and-mortar pharmacy or clinic, from over-the-counter drugs to surgical tools.. 4.

4. Digit Insurance

Kamesh Goyal, Philip Varghese, Sriram Shankar, and Vijay Kumar founded Digit Insurance in 2016 to provide general insurance. The financial and insurance sectors are a priority for the young company. It is headquartered in Bangalore, and its goal is to streamline the insurance industry by rethinking existing products and streamlining the purchasing process.

5. Meesho 

There has never been a better time to start a business than the present, and you can do it without ever leaving your house. Meesho, as one of the largest and most reliable reseller platforms, makes this process simple and inexpensive. Meesho is a Bangalore-based startup that focuses on the e-commerce and social media industries, and it was co-founded by Sanjeev Barnwal and Vidit Aatrey in 2015.

6. Groww

Groww was founded in 2017 by Harsh Jain, Ishan Bansal, Lalit Keshre, and Neeraj Singh in the Indian city of Bangalore. Groww’s creators intended for it to function both as a mobile app and a web service. After realising how difficult it was for the average Indian to get into the stock market, the company’s founders came up with the idea for the startup.

7. Nykaa

Falguni Nayar launched the fashion startup Nykaa in 2012. It is a web-based health and beauty supply shop that offers competitively priced, high-quality products.

8. Udaan

Udaan, founded in 2016 by Amod Malviya, Sujeet Kumar, and Vaibhav Gupta, is another Bangalore-based startup with a focus on e-commerce, brick-and-mortar retail, business development, and business-to-business (B2B) industries. It’s a meeting place for companies, facilitating communication and cooperation between producers, merchants, retailers, and wholesalers.

9. Dream11

Dream11 is a fantasy sports platform that was created in Mumbai in 2008. Users of Dream11 are able to participate in a variety of fantasy sports leagues, including cricket, hockey, and football. The company, started by Bhavit Sheth and Harsh Jain, is the first Indian fantasy sports platform to raise more than $400 million and become a unicorn.

10. Swiggy

Swiggy was established in 2014 by Nandan Reddy, Rahul Jaimini, and Sriharsha Majety as an online marketplace for food delivery. Swiggy, which began in Bangalore and has since expanded to more than 27 cities, works with more than 40,000 restaurants across India.

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