The latest Top Indian Startups analysis indicates that there are over 61,000 Business Startups in India, making it the 3rd largest ecosystem of start-ups. This ecosystem of startups and innovations is considered the major growth engine for India. The Indian government has taken the initiative, Business Startup India, to boost the startup culture.
Let’s dive deep into knowing which are the top Indian startups today.
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Zerodha
Zerodha is the most profitable startup in India. With its headquarters in Bengaluru, it has emerged as one of the best financial service companies registered with the Securities & Exchange Board of India (SEBI). It has memberships with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), providing its customers with various investment options.
Disruptive pricing models, ease of access, and in-house technology have made Zerodha the most prominent Indian stockbroker in terms of active retail clients. It gives its users comfort in operations through its mobile app.
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PharmEasy
PharmEasy is a leading online pharmacy or medical store that provides medicines to people in their homes through its strong network of partner pharmacies. It is an online healthcare platform providing patients with convenient and reliable services. Its user-friendly services offer customers a seamless experience in getting genuine medicines, medical equipment, over-the-counter medical products, and diagnostic tools.
A remarkable feature of this start-up is that it boosts healthcare services by connecting patients with diagnostic centres and online medical consultations. It ensures to provide quality healthcare to its customers on time.
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Meesho
An emerging Indian startup, Meesho engages in e-commerce and focuses primarily on female entrepreneurs. Launched by Sanjeev Barnwal and Vidit Aatrey in 2015, Meesho is an online marketplace that links consumers and sellers on social media sites, including Facebook, Instagram, and WhatsApp.
Meesho’s innovative platform provides a valuable resource for budding entrepreneurs and established businesses and requires no upfront financial commitment. From clothing to electronics to household products and beyond – the platform features countless products suited to a wide range of audiences.
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Nykaa
Nykaa is one of the popular fashion e-commerce platforms and beauty stores. Established in 2012, this Indian startup provides quality wellness and beauty products to customers at affordable rates. Interestingly, its investors hail from Bollywood, including fashionistas Katrina Kaif and Alia Bhatt. This Business startup has a new venture, Nykaa Fashion, that provides accessories and apparel to its growing customer base.
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Dream 11
Dream 11 is a fantasy sports online platform founded in 2018 and has earned the honour of becoming India’s first leading fantasy sports platform. It has over ten crore users in India. The founders of this Indian startup are Bhavit Sheth and Harsh Jain. If you love sports games, then Dream 11 is the perfect Indian startup for you to invest in.
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Swiggy
Swiggy, an Indian firm, has an online platform for ordering and delivering food. It was formed by Sriharsha Majety, Nandan Reddy and Rahul Jaimini in Bengaluru in 2014. By providing a convenient platform for people to purchase food from their preferred restaurants and have it delivered to their doorstep, Swiggy transformed the meal delivery market in India.
Swiggy links customers with various restaurants and cafes through its website and smartphone app. And they also have partnerships with many restaurants for dine-in as well. It also delivers groceries, and daily needs items, including electronics. They also provide delivery service within the city.
FAQs
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Why are there many startups in India?
A. Big companies realise that start-ups have great potential and start investing or partnering. This is the reason why there are many startups in India.
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Which is the best startup city in India?
A. Bengaluru, India’s IT hub, is the country’s best startup city. This is owing to the convergence of talent, infrastructure, networking opportunities and a favourable atmosphere for digitalisation and trade.
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Which is a profitable Start-up in India?
A. Zerodha is the most profitable and top indian startups, which made profits to the tune of Rs 2,094 crore last year.