India is home to some of the world's most innovative startups.
According to a report by NASSCOM (the trade association of India) , India is home to more than 4,000 startups, the third-highest in the world. And the number is only growing; in 2015, India saw 1,200 startup launches, which is a 40% increase from the previous year.
What's driving this growth? A combination of factors includes:
- Increased funding opportunities.
- Rising interest from angel investors and venture capitalists.
- A young population with plenty of creativity and energy.
The top 40 Indian startups are leading the pack regarding innovation and impact:
Ola
Ola is India's leading online taxi service, with over 150,000 vehicles registered on its platform. The company was founded in 2010 by Bhavish Aggarwal and Ankit Bhati and has since raised over $1.3 billion in funding.
Paytm
Paytm is India's largest mobile payments company, with over 250 million users. The company was founded in 2010 by Vijay Shekhar Sharma and has raised over $2.5 billion in funding.
Swiggy
Swiggy is India's leading food delivery service, with over 30,000 restaurants partnered with it. The company was founded in 2014 by Sriharsha Majety, Nandan Reddy, and Rahul Jain and has raised over $1 billion in funding.
Byju's
Byju is India's leading education technology company, with over six million students using its products. The company was founded in 2011 by Byju Raveendran and has raised over $1 billion in funding.
Zomato
Zomato is India's leading restaurant discovery and food delivery service. The company was founded in 2008 by Deepinder Goyal and Pankaj Chaddah and has raised over $660 million in funding.
Hike Messenger
Hike Messenger is India's leading messaging app, with over 200 million users. The company was founded in 2012 by Kavin Bharti Mittal and has raised over $1 billion in funding.
ShopClues
ShopClues is India's leading e-commerce marketplace, with over one million registered sellers. The company was founded in 2011 by Sanjay Sethi and Radhika Aggarwal and has raised over $250 million in funding.
Freshworks
Freshworks is India's leading cloud-based customer relations management (CRM) software company. The company was founded in 2010 by Girish Mathrubootham and Sridhar Vembu and has raised over $250 million in funding.
InMobi
InMobi is India's leading mobile advertising company, with over 700 million users reached. The company was founded in 2007 by Naveen Tewari, Mohit Saxena, Amit Gupta, and Abhay Singhal and has raised over $600 million in funding.
IndiaStack
IndiaStack is India's leading platform for building digital products. The company was founded in 2016 by IIT alumni Jayant Kadambi, Anand Chandrasekaran, and Pranav Sethi and has raised over $60 million in funding.
CureFit
CureFit is India's leading health and fitness startup. The company was founded in 2016 by Mukesh Bansal and Ankit Nagori and has raised over $55 million in funding.
OYO Rooms
OYO Rooms is India's leading hotel chain, with over 10,000 hotels partnered. The company was founded in 2013 by Ritesh Agarwal and has raised over $500 million in funding.
BigBasket
BigBasket is India's leading online grocery store, with over 18,000 products on its platform. The company was founded in 2011 by Sachin Bansal and Binny Bansal (not related) and has raised over $460 million in funding.
Policybazaar
Policybazaar is India's leading online insurance marketplace. The company was founded in 2008 by Yashish Dahiya and Alok Bansal and has raised over $450 million in funding.
CarDekho
CarDekho is India's leading online car marketplace. The company was founded in 2008 by Amit Jain and Rajesh Jain and has raised over $390 million in funding.
Byju's
Byju's is India's leading education technology company, with over six million students using its products. The company was founded in 2011 by Byju Raveendran and has raised over $1 billion in funding.
BigBasket
BigBasket is India's leading online grocery store, with over 18,000 products listed on its platform. The company was founded in 2011 by Sachin Bansal and Binny Bansal (not related) and has
Amazon India
Amazon India is India's leading e-commerce company, with over 100 million products listed on its platform. The company was founded in 2013 by Jeff Bezos and has raised over $2 billion in funding.
Flipkart
Flipkart is India's leading e-commerce company, with over 100 million products listed on its platform. The company was founded in 2007 by Sachin Bansal and Binny Bansal (not related) and has raised over $7.5 billion in funding.
Paytm Mall
Paytm Mall is India's leading e-commerce marketplace, with over one million registered sellers. The company was founded in 2016 by Vijay Shekhar Sharma and has raised over $200 million in funding.
Quikr
Quikr is India's leading online classifieds platform, with over 25 million registered users. The company was founded in 2008 by Pranay Chulet and Jiby Thomas and has raised over $350 million in funding.
Urban Ladder‍
Urban Ladder is India's leading online home furniture store. The company was founded in 2012 by Ashish Goel and Rajiv Srivastava and has raised over $200 million in funding.
Zoho
Zoho is India's leading cloud-based software company. The company was founded in 1996 by Sridhar Vembu and has raised over $200 million in funding.
TripAdvisor
TripAdvisor is India's leading online travel agency, with over 20 million registered users. The company was founded in 2000 by Stephen Kaufer and Langley Steinert and has raised over $525 million in funding.
InMobi
InMobi is India's leading mobile advertising platform. The company was founded in 2007 by Mohit Saxena, Amit Gupta, and Naveen Tewari and has raised over $500 million in funding.
MuSigma
MuSigma is India's leading data analytics company. The company was founded in 2004 by Dhiraj C Rajaram and has raised over $400 million in funding.
ShopClues
ShopClues is India's leading e-commerce marketplace, with over one million registered sellers.
Swiggy
Swiggy is India's leading food delivery service. The company was founded in 2014 by Sriharsha Majety and has raised over $1 billion in funding.
CureFit
CureFit is India's leading health and fitness company. The company was founded in 2016 by Mukesh Bansal and Ankit Nagori and has raised over $300 million in funding.
Grofers
Grofers is India's leading online grocery store. The company was founded in 2013 by Albinder Dhindsa and Saurabh Kumar and has raised over $200 million in funding.
Xiaomi
Xiaomi is India's leading smartphone manufacturer. The company was founded in 2010 by Lei Jun and has raised over $2 billion in funding
PractoÂ
Practo is India's leading healthcare technology company, with over 20 million patient records organized on its platform. Practo was founded in 2008 by Shashank, ND.
RazorpayÂ
Razorpay is India's leading payment gateway. It was founded in 2014 by Harshil Mathur and Shashank Kumar.
IndiaMartÂ
India Mart is an Indian e-commerce company that provides business-to-business (B2B) and business-to-consumer (B2C) services. It was founded in 1996 by Brijesh Agrawal and Dinesh Agrawal.
The Viral FeverÂ
TVF is a digital entertainment company based in India. Arunabh Kumar founded it in 2010.
HealthkartÂ
Healthkart is an India-based e-commerce retailer which sells dietary supplements, sports nutrition products, health foods, beauty products etc. Akhiles co-founded the company.
NaukriÂ
Naukri is India's largest online recruitment portal. It was founded in 1997 by Sanjeev Bikhchandani, Rakesh Khanna, and Vikas Khemani.
MakeMyTripÂ
MakeMyTrip is India's leading online travel company. It was founded in 2000 by Deep Kalra.
CleartripÂ
Cleartrip is India's leading online travel agency. It was founded in 2006 by Hrush Bhatt and Stuart McClure.
RedBusÂ
RedBus is India's largest online bus ticketing platform, with over 1 million tickets sold daily. It was founded in 2006 by Phanindra Sama, Charan Padmaraju, and Swaroop Kumar Reddy.
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👉 That's the end of the list
India is home to some of the world's leading startups, with over 40 companies have raised over $1 billion in funding. These companies are innovating in various industries, from e-commerce to health and fitness to mobile payments. India's startup scene is booming, and there are plenty of opportunities for entrepreneurs and investors.Â
What's your favourite Indian startup?