Top Startup Businesses to Watch in India
India is home to some of the most innovative and ambitious startup businesses in the world. With a population of 1.3 billion people, India is teeming with entrepreneurs eager to create successful businesses that will change the face of business in the country. In this blog post, we’ll be looking at some of the top startup businesses to watch in India in 2021, discussing their potential for success and why they stand out from the crowd. Whether you’re a budding entrepreneur yourself, or simply interested in learning about the newest and most innovative businesses in the country, this blog post is for you!
Grofers
Grofers is one of India’s most successful and rapidly growing startups, providing customers with an innovative grocery delivery service. Founded in 2013, the company has been consistently growing its user base and expanding its range of services. Grofers is now present in more than 25 cities across India.
Using the Grofers app, customers can purchase groceries from a variety of stores near them, either for delivery or for pick-up. The app also offers a wide range of discounts on groceries and other items, making it a great option for budget-conscious shoppers. Customers can also choose to have their orders delivered by Grofers’ own fleet of drivers.
One of the unique features of Grofers is its ‘Shopping Lists’, which enables customers to create lists of groceries that they regularly purchase and re-order them with just a few taps. This makes grocery shopping more convenient and faster.
The company is constantly adding new features to its platform, such as the ability to save and share shopping lists with friends and family, as well as a rewards program which gives customers points for each purchase they make. In addition, Grofers is planning to launch its own private label line of products in the near future, offering customers high-quality products at low prices.
Overall, Grofers is proving to be a major force in India’s e-commerce landscape. With its growing presence across India and innovative features, it’s definitely a startup to watch out for in the coming years.
Ola
Ola is one of the top startups in India and it is making waves in the transportation industry. Ola offers its customers an easy way to book cabs, autos, and even bikes. The company was founded in 2010 and since then has grown to become one of the most popular ride-sharing services in the country.
In addition to its traditional taxi services, Ola now offers a range of other services such as Ola Share, Ola Corporate, and Ola Money. The Ola Share service allows customers to split the cost of their ride with someone else who is also going in the same direction. The Ola Corporate service provides companies with fleets of vehicles for their employees to use. Finally, Ola Money allows customers to make payments using their Ola account balance or through Paytm or UPI.
Ola has become a huge success in India due to its ease of use and competitive pricing. It has been able to expand its presence across cities quickly, making it one of the top startups to watch out for.
Quikr
Quikr is an Indian classifieds platform that connects people who are looking to buy, sell, or rent goods and services in their local communities. Launched in 2008, Quikr has become one of the top startup businesses in India. It allows users to search and post classifieds ads in different categories such as real estate, jobs, cars, services, pets, and others.
Quikr’s mission is to make local transactions faster and easier for both buyers and sellers. It offers a wide range of options for sellers to reach potential buyers and vice versa. Additionally, Quikr provides value-added services such as customer support, payment security, and background verification of buyers and sellers.
For buyers, Quikr has made it possible to find items from local vendors with ease. Sellers can list products in their local area to attract potential buyers. Users can also compare prices and find great deals on used goods.
In terms of financial performance, Quikr recorded $45 million in revenues for FY 2020. The company has raised $1.2 billion in funding so far and is valued at over $1 billion. Quikr has also seen tremendous growth in its user base, with more than 25 million monthly active users as of 2019.
With its focus on providing a seamless experience for both buyers and sellers, Quikr is one of the most successful startups in India. It continues to be a major player in the Indian e-commerce market and is sure to continue to grow in the coming years.
Snapdeal
Snapdeal is a leading e-commerce platform in India. It was founded in 2010 by Kunal Bahl and Rohit Bansal, who saw an opportunity to revolutionize the online retail industry. The company offers a wide range of products, including clothing, electronics, furniture, home decor, appliances, books, and even groceries.
Snapdeal has seen remarkable growth in the last few years. It boasts more than 500 million registered users, 60 million products listed, more than 400 categories, and nearly 500,000 seller partners. As a result of its massive scale, it has become one of the top startup businesses to watch in India.
The company focuses on providing a simple and convenient shopping experience for its customers. With its easy-to-use mobile app and website, shoppers can find and purchase their desired items quickly and easily. In addition, the company also offers attractive deals and discounts which makes it even more attractive for customers.
Overall, Snapdeal is a leader in the Indian e-commerce industry and a top startup business to watch in India. With its expansive product selection and convenient shopping experience, it’s no wonder why so many customers are choosing this platform over others.
Zomato
Zomato is one of the top startups in India and it is quickly becoming an international powerhouse. Founded in 2008, Zomato provides online and mobile-based food delivery services, restaurant reviews, and a searchable database of restaurants. They have made significant inroads in the Indian market and now serve over 20 countries worldwide.
Since its launch, Zomato has focused on innovating their product offerings and delivering an enhanced user experience. They have implemented features such as a personalised feed that helps users find recommendations, a delivery service that allows users to order from multiple restaurants in one go, and an AI-driven assistant to help users with their orders. Additionally, Zomato has also been focusing on increasing its presence across international markets, launching their services in various countries including Canada, Turkey, UAE, and Qatar.
Zomato is constantly looking for ways to expand their services and make them more accessible to customers. Most recently, they acquired food delivery app Runnr, which will allow them to further enhance their delivery capabilities. This move makes Zomato the largest food delivery company in India by the number of orders. With a strong focus on innovation and customer experience, there is no doubt that Zomato is well-positioned to take advantage of the growing demand for online food delivery in India.
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