India is understood for plenty things, a bustling tech assist zone, being one of the maximum populous international locations on earth, and its excellent cuisine. Despite this, India has a totally energetic and fast-developing startup atmosphere. The united states of america is presently domestic to round 38,000 specific Indian startups and there also are presently greater than five,000 buyers which can be presently energetic withinside the Asian united states of america. The atmosphere in India is likewise stated to be the third-biggest withinside the international, with the united states of america having created 38 unicorns as of January 2021. This indicates that that is lots of pinnacle Indian startups to observe in 2021.
India’s startups are not strangers to attracting out of doors funding. Despite the headaches of the COVID-19 pandemic, the united states of america’s startups controlled to elevate a cumulative $10 Billion in investment throughout 2020, that is a marked boom from the $6.6 Billion raised in 2018. This shows speedy boom withinside the Indian startup atmosphere. Down below, you could see a listing of the 10 pinnacle Indian startups to observe in 2021.
1. Udaan
Year Founded: 2016
HQ: Bangalore, Karnataka, India
Size: 5001-10,000
Founder(s): Amod Malviya, Sujeet Kumar, Vaibhav Gupta
Udaan is an Indian startup this is presently primarily based totally in Bangalore, India. The enterprise’s providing facilities round developing an surroundings for items manufacturers, tradespeople, and wholesalers below one roof. This way that a commercial enterprise can get right of entry to maximum of the offerings they need, multi function place. Their platform even comes with a stay chat function that lets in the customers to engage with every different in a lot of specific languages. Their platform is making the B2B surroundings in India, simpler and greater convenient.
Since being based in 2016, Udaan has attracted a variety of interest from a lot of buyers. A grand overall of 13 buyers have together pledged a huge $1.2 Billion to the commercial enterprise throughout its 5 years in operation. One of those buyers consists of the Chinese era enterprise Tencent. The enterprise has additionally made its personal funding, placing cash into the eating place startup Petpooja on the begin of 2020, making Udaan one of the maximum thrilling startups in India.
2. Ola
Year Founded: 2010
HQ: Kormangala, Karnataka, India
Size: 5001-10,000
Founder(s): Ankit Bhati, Bhavish Aggarwal
Ola is an Indian startup this is primarily based totally in Kormangala, India. You is probably questioning that they may be simply some other Uber clone, however you could not be similarly from the truth. Whilst the enterprise does provide cab-hailing as one in all its functions, additionally they provide a manner to lease bikes, busses, and lots greater. All of this could be completed from the ease of the enterprise’s cell app, making getting round India and different places tons simpler for clients.
Ola has been very energetic in attracting funding or even making its personal acquisitions. The enterprise has acquired a complete of $three.eight Billion in funding investment from forty four specific buyers thru a chain of various investment rounds. So far, the enterprise has additionally made six acquisitions over the years, with different delivery and tech startups turning into part of the enterprise’s brand. The stage of investment and contemporary-day fulfillment makes Ola one of the maximum thrilling startups in India throughout 2021.
3. Dunzo
Year Founded: 2015
HQ: Bangalore, Karnataka, India
Size: 1001-5000
Founder(s): Ankur Aggarwal, Dalvir Suri, Kabeer Biswas, Mukund Jha
Dunzo is a transport and e-trade startup this is presently primarily based totally in Bangalore, India. The enterprise’s providing functions a transport app that objectives to awareness on a hyper-neighborhood stage. This way that clients can be connected with neighborhood transport companies and corporations so that it will increase their on-line presence. For instance, clients can get groceries, remedy, puppy supplies, and lots greater introduced to their homes.
Dunzo has attracted a terrific deal of funding from a massive organization of famous buyers. Dunzo has controlled to elevate a significant $128.four Million from a collection of 24 buyers that encompass the likes of Google and Lightbox. With the contemporary-day COVID-19 pandemic, transport offerings are seeing greater use than ever and this fashion will clearly assist Dunzo develop withinside the close to destiny as one of the most efficient India startups.
4. Razorpay
Year Founded: 2014
HQ: Bangalore, Karnataka, India
Size: 1001-5000
Founder(s): Harshil Mathur, Shashank Kumar
Razorpay is an Indian startup that changed into based in 2014 and is presently centered in Bangalore, India. The enterprise offers a platform for corporations to make and take bills thru their on-line platform. Users can be capable of make bills in a lot of specific modes, such as debit and credit score cards, on-line banking, and diverse fee pockets systems. This makes the procedure of taking bills tons simpler for commercial enterprise.
Razorpay’s commercial enterprise version and product providing had been tested with the aid of using the massive funding they’ve acquired. The enterprise has acquired a complete of $366.6 Million from a collection of 29 buyers to similarly the boom of its startup. The enterprise has additionally been energetic withinside the acquisitions market, having taken over Opfin and ThirdWatch in 2019. Razorpay has end up one of the maximum thrilling and rapdily developing instance of the fulfillment of India startups.
5. PharmEasy
Year Founded: 2016
HQ: Mumbai, India
Size: 501-1000
Founder(s): Dharmil Sheth, Dhaval Shah, Mikhil Innani
PharmEasy is a healthcare era startup this is presently primarily based totally in Mumbai, India, and changed into based in 2015. The enterprise’s providing revolves round offering their clients with remedy transport offerings, the gathering of assessments from diagnostic samples, and healthcare consultations which can be accomplished remotely. This is a totally essential providing in India presently because the COVID-19 pandemic keeps to hugely effect the united states of america.
The enterprise has visible huge fulfillment in phrases of attracting out of doors funding. So far, the enterprise has acquired $651.five Million in investment from a collection of 25 buyers. The enterprise has additionally had one remember of interest withinside the acquisitions market, finishing a takeover of fellow Indian clinical startup Medlife in 2020 for $235 Million.
6. Digit Insurance
Year Founded: 2016
HQ: Bengalaru, Karnataka, India
Size: 1001-5000
Founder(s): Kamesh Goyal
Digit Insurance is an Indian startup withinside the coverage zone that changed into based in 2016 and is presently centered in Bangalore, India. The enterprise objectives to make coverage tons simpler for the overall populace with the aid of using restructuring the manner pricing works and converting the manner humans truly purchase coverage merchandise. So far, they had been attaining rave reviews, which indicates that what they may be doing is working.
Digit Insurance has acquired a massive quantity of investment from a small organization of 4 buyers which incorporates Fairfax Group. In overall, Digit Insurance has raised $244.five Million on the grounds that being based 5 years in the past and the enterprise has had a few interest in shopping for out different companies- taking up the guy Indian coverage startup ITI Reinsurance for $72.eight Million in 2018. Although, they have not made some other movements on the grounds that then.
7. MoneyTap
Year Founded: 2015
HQ: Bangalore, India
Size: 101-250
Founder(s): Anuj Kacker, Bala Parthasarathy, Kunal Varma
MoneyTap is an Indian startup this is primarily based totally in Bangalore, India. The enterprise changed into based in 2015 and on the grounds that then has evolved an answer that gives its clients with a flexible, non-public credit score line- all from the ease of an app. You will have as much as 36-months to pay it lower back in sure circumstances. This may be a in reality terrific assist for humans and the enterprise does it in a manner it really is fair.
So far, the enterprise has controlled to get a large quantity of startup investment, with $40.three Million being raised from a collection of six buyers. Convenience is fundamental withinside the cutting-edge international and MoneyTap has that during buckets, on the way to see them thru 2021 and the destiny. Providing clean credit score to the financially deprived makes MoneyTap a most efficient instance of India’s startups.
8. Yellow Messenger
Year Founded: 2016
HQ: Bangalore, Karnataka, India
Size: 251-500
Founder(s): Anik Das, Jaya Kishore Reddy Gollareddy, Raghu Kumar, Rashid Khan
Yellow Messenger is an AI-primarily based totally era startup this is primarily based totally in Bangalore, India, and changed into based in 2016. The enterprise’s number one providing takes the shape of offering AI-pushed purchaser engagement answers for use at the side of immediate messaging systems that the commercial enterprise might also additionally use. For instance, Google, WhatsApp, and Slack. They even offer superior answers for Virtual Assistants.
Since being based in 2016, Yellow Messenger has accumulated a decent sum of funding, which stands at $24 Million. This cash changed into raised from a collection of 3 buyers such as Lightspeed Venture Partners and Microsoft Accelerator Bangalore. This funding and the recognition of the buyers display their religion withinside the commercial enterprise version of Yellow Messenger.
9. CRED
Year Founded: 2018
HQ: Bangalore, Karnataka, India
Size: 251-500
Founder(s): Kunal Shah
CRED is an Indian startup this is primarily based totally in Bangalore, India and changed into based in 2018. The enterprise seeks to incentivize credit score card customers to pay their credit score card payments on time. This is performed thru rewards of economic fee being paid for every time this happens. There is likewise a number of functions to assist humans control their credit score card spending. Finally, clients can even get get right of entry to to a number of credit score and merchandise from main brands.
CRED has acquired a huge quantity of investment withinside the 3 quick years that they have got been operating. In overall, this investment stands at $471.2 Million and changed into raised with the aid of using a collection of 28 specific buyers, which incorporates the American enterprise, Insight Partners. Rewarding humans for coping with their price range is a superb USP and those buyers in reality accept as true with that too.
10. ZestMoney
Year Founded: 2015
HQ: Bangalore, Karnataka, India
Size: 101-250
Founder(s): Ashish Anantharaman, Lizzie Chapman, Priya Sharma
ZestMoney is a fintech startup that changed into based in 2015 and is presently centered in Bangalore, India. The enterprise desired to make the procedure of buying and paying in EMI tons simpler for folks who did not have get right of entry to to a credit score card, or perhaps do not have an awesome credit score score. This made the procedure of the usage of EMI to be had for hundreds of thousands of humans throughout India.
ZestMoney has already visible a first rate quantity of funding withinside the six years because it changed into set up. At the time of writing, the enterprise has controlled to accumulate an funding overall of $68.four Million, from a collection of 14 buyers. Notably, a number of those buyers encompass Goldman Sachs and the cryptocurrency platform Coinbase.
