India is a country with a population of 135.26 crores and about 55 thousand startups in 2020. It’s not very surprising with the fact that the forecasted GDP is 8.6% in 2021, making it the ‘3rd largest startup ecosystem in the world’ as started by startupindia.gov.in.
This is the first edition of The Indian Startups Top 15 Startups in India. We have compiled all the startups that have made it big, made it new and made it in 2020. Some of them are new, some of them are old, but all of them are noteworthy and here to stay.
This is our countdown of top 15 startups in India.
- Meesho
Industry: Commerce and Shopping
Website: https://meesho.com/
Founded by IIT Delhi graduates, Vidit Aatrey and Sanjeev Barnwal, Meesho has been steadily growing its customer base and has become a website for many entrepreneurs looking to resell their products. It is easy and safe to use, bring an easy solution to stay-at-home or busy people looking to expand into building a business. Meesho is providing a platform for small businesses and individuals to sell their products online, enabling them to grow sales via WhatsApp, Facebook, etc.
- ShareChat
Industry: Software/ Social Network
Website: https://sharechat.com/
It is a regional networking platform, allowing Indians to use their services in their mother tongue. It has a range of 15 native languages. Developed by Mohalla Tech Pvt. Ltd. and it was founded by Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan in 2015. Since then it has reached over 160 million active users. It is a very popular platform to share and create content, with the app having an open tagging feature, for the users to create their own tags.
- Rivigo
Industry: Logistics
Website: https://www.rivigo.com/
It is a technology based logistics company, founded by Deepal Garg and Gazal Kalra, that is revolutionizing the way logistic companies work and deliver. They have lowered transmit time and made strides to ease driver fatigue, find the best path to deliver the goods. It has its own fleet of trucks and it remains an undisputed leader in its industry, taking extra steps to create a relay of drivers and clock in certain hours to keep their pilots in good shape and form, while being able to deliver goods as promised.
- Blackbuck
Industry: Logistics
Website: https://www.blackbuck.com/
It was founded in 2015 by Rajesh Yabaji, Chanakya Hridaya and Ramasubramaniam B. They have scaled up to 1000+ employees in 1000+ locations and 200,000+ trucks. They are using machine-learning algorithms to provide a real time prediction on time of delivery. They have had a hand in policy initiatives for their sector to free up movement of goods and services, partnering with the Indian Government.
- Delhivery
Industry: Logistics
Website: https://www.delhivery.com/
This is a logistics and a supply chain service company. The company provides logistics such as deliveries, transportation and storage spaces among many. It was founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan and Kapil Bharati. It is based in Gurugram and has about 75 warehouses, 2 automated centers, 70 hubs, and 2500 delivery centers, a fleet of 14,000 vehicles and is run by about 40,000 employees.
- cure.fit
Industry: Lifestyle and Health
Website: https://www.cure.fit/
Founded by Mukesh Bansal and Ankit Nagori in 2016, this company has taken great strides in the healthcare industry, curating a combination of healthy food and working out sessions, both at home and on site. They have expanded into other sectors, mind.fit for mental fitness and health with guided meditation sessions and sleep stories, care.fit is for medical consultations with diagnostic and pharmacy facilities.
- Lenskart
Industry: Lifestyle and Health
Website: https://www.lenskart.com/
This company is a retail chain that offers a wide range of perspective eyewear. It was founded in 2010 by Peyush Bansal, Amit Chaudhary and Sumeet Kapahi. It is one of the two top optical chains in India, the other being Titan Eye Plus. It has about 500 stores across India, and provides hundreds of glassware designs, including very popular and international brands.
- Cred
Industry: Lifestyle and Health
Website: https://www.cred.club/
Its headquarter resides in Bengaluru, founded by Kunal Shah in 2018. It is a credit card bill payment app. It comes under the 50 Future Unicorns by CB Insights. In 2018, the company started with a seed investment of $1 million. In 2019, the funding rose to 425 million from Sequoia Capital, Ribbit Capital, with participation from angel investors like Max Levchin, Jitendra Gupta, Koh Boon Hwee among a few.
- Swiggy
Industry: Commerce and Shopping
Website: https://www.swiggy.com/
Swiggy is one of the highest valued, online food ordering and delivery platforms. It was founded in 2014 by Nandan Reddy, Sriharsha Majety and Rahul Jaimini. The company operates in over 300 cities across India. In 2019, Swiggy expanded into general products and groceries under the name: Swiggy Stores. In the same year, they also launched a pickup and drop service, Swiggy Go.
- Grofers
Industry: Commerce and Shopping
Website: https://grofers.com/
Founded by Saurabh Kumar and Albinder Dhindsa in 2013. This is an online grocery delivery service, based out of Gurugram. It operates in 29 cities in India and was one of the few companies to operate during the COVID lockdown, considered as essential workers. Their products range from regular groceries, beauty and wellness products, household care to baby or pet care.
- Udaan
Industry: E-commerce
Website: https://udaan.com/
Udaan is a B2B (business to business) trade platform. Founded by Amod Malviya, Sujeet Kumar and Vaibhav Gupta, it was launched in 2016. It helps connect retailers to wholesale companies, they sell products ranging from electronics, to fresh produce to household groceries. They make B2B commerce efficient and connect manufacturers, traders and retailers all in one platform.
- BYJU’S
Industry: Education
Website: https://byjus.com/
Founded by Byju Raveendran in 2011, it has quickly become the most popular educational company in India. It has been the most valued educational company, at Rs.2,800 crore revenue as claimed by the company itself in May 2020. It was developed by Think and Learn Pvt. Ltd. and has since amassed 1.5 million users.
- upGrad
Industry: Education
Website: https://www.upgrad.com/
Founded by Rohinton Soli Screwvala, Mayank Kumar, Phalgun Kompalli and Ravijot Chung in 2015. upGrad is an educational based company that focuses on higher education and the specialization sector, they have courses and material on subjects such as Digital Marketing, Data Analytics, Digital Technology Management, etc. The company is the official education partner for the Government of India – Startup India Program.
- ReNew Power
Industry: Energy
Website: https://renewpower.in/
This company is dedicated to renewable energy, it develops, builds and operates renewable energy facilities. It was established in 2011 by Sumant Sinha and has its headquarters in Gurgaon. It is reportedly the largest renewable energy production company in India, it currently operates 110 projects in 8 cities. They have been a pioneer in setting the benchmarks in the renewable energy industry.
- OYO
Industry: Travel and Tourism
Website: https://www.oyorooms.com/
OYO is a hospitality chain that offers affordable and standardized accommodations. Founded by Ritesh Agarwal in 2013, since then it has expanded internationally to countries like the UAE, China, Malaysia, Brazil, Nepal, Japan, the United States and more. The company started under the name Oravel travels to enable listing and booking of under-budget accommodations, later to be renamed as OYO.
India has seen tremendous growth in the economy and the number of startups in 2019, 7 unicorn startups came to be, raising the total to 24, which has increased faith in the innovation and revolution of the indian startups scene.
This is Indian Startups with Top 15 Startups in India 2020.