courtesy: yourstory
The startup scene in India, without any doubt is unique. The country has managed to produce some of the most successful startups over the years. While some of them are already worth billions of dollars, some seems like they are almost there.
So whether you’re looking to start your own business, or just interested in learning about fast-growing startups from India, here’s an extensive list of 10 startups founded there.
1) Urban Company
Urban, founded in 2014 by Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan in Gurgaon, Haryana is a marketplace for independent contractors. It operates in the apps, home services, marketplace, and service industry sectors. With 1001-5000 employees and a total funding of $445,920,356 raised across 12 funding rounds from 16 investors, including Bessemer Venture Partners, Tiger Global Management, Accel, Wellington Management, and Dragoneer Investment Group.
2) Classplus
It is a mobile-first SaaS platform that allows 3000+ tutors to automate their curriculum and operations. It was founded in 2018 by Bhaswat Agarwal and Mukul Rustagi in Noida, Uttar Pradesh. Classplus operates in the B2B, e-learning, EdTech, education, mobile apps, SaaS, and software sectors. With 101-250 employees, it has raised $160 million from global marquee investors like Tiger Global, AWI, RTP Global, Blume Ventures, Sequoia Capital India’s Surge, Spiral Ventures, Strive, Times Internet and Abu Dhabi based Chimera Ventures.
3) Paytm
This can be considered as one of the most popular startup of India. A payment gateway that allows users and businesses to make payments. It was founded in 2010 by Akshay Khanna and Vijay Shekhar Sharma in Noida, Uttar Pradesh, operating in the e-commerce, finance, financial services, internet, mobile apps, and mobile payments sectors. With 501-1000 employees, Paytm has raised $32,448,851 in funding across 4 rounds from 4 investors, including Vijay Shekhar Sharma, K2 Global, Investopad, and One97 Mobility Fund.
4) Apna
This startup is a professional networking and job-search platform that connects blue- and gray-collar professionals with like-minded people and places to work. Founded in 2019 by Nirmit Parikh in Mumbai, Maharashtra, it operates in the employment, human resources, recruiting, and staffing agency sectors. With 101-250 employees, Apna has raised $93,450,000 in funding across 4 rounds from 6 investors, including Sequoia Capital India, Greenoaks Capital, Tiger Global Management, Insight Partners, and rocketship.vc.
5) Razorpay
It is a payment acceptance, processing, and disbursement platform for businesses. It was founded in 2014 by Harshil Mathur and Shashank Kumar in Bengaluru, Karnataka, operating in the financial services, FinTech, payments, and software sectors. With 1001-5000 employees, Razorpay has raised $366,600,000 in funding across 7 rounds from 29 investors, including Sequoia Capital India, Ribbit Capital, Kunal Shah, GIC, and Tiger Global Management.
6) UpGrad
Another edtech startup that offers courses in Data Science, Technology, Management, and Law online. Founded in 2015 by Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, and Ronnie Screwvala in Mumbai, Maharashtra, it operates in the e-learning, EdTech, and education sectors. With 1001-5000 employees, UpGrad has raised $176,283,446 in funding across 4 rounds from 4 investors, including Temasek Holdings, International Finance Corporation, IIFL Asset Management, and Unilazer Ventures.
7) Delhivery
Delhivery is a supply chain management firm that specializes in transportation, warehousing, freight, and order fulfillment. It was founded in 2011 by Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan in Gurgaon, Haryana, operating in the e-commerce, freight service, last mile transportation, logistics, shipping, supply chain management, transportation, and warehousing sectors. With 5001-10000 employees, Delhivery has raised $1,236,569,361 in funding across 11 rounds from 13 investors, including SoftBank, GIC, The Carlyle Group, Tiger Global Management, and Canada Pension Plan Investment Board.
8) 1mg
The pharmacy startup is a generic drug engine and online pharmacy network platform. Founded in 2015 by Anurag Mundhada, Gaurav Agarwal, Prashant Tandon, Sameer Maheshwari, and Vikas Chauhan in Gurgaon, Haryana, it operates in the delivery, e-commerce, health care, internet, medical, and pharmaceutical sectors. With 11-50 employees, 1mg has raised $204,600,209 in funding across 16 rounds from 17 investors, including Sequoia Capital India, Intel Capital, Sequoia Capital, International Finance Corporation, and Maverick Ventures.
9) BigBasket
BigBasket is an online grocery and meal delivery service that brings personal and household items to customers’ doorsteps. It was founded in 2011 by Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Ramesh, and VS Sudhakar in Bengaluru, Karnataka, operating in the delivery, delivery service, e-commerce, grocery, internet, retail, and shopping sectors. With 5001-10000 employees, BigBasket has raised $1,119,863,468 in funding across 17 rounds from 17 investors, including Bessemer Venture Partners, Alibaba Group, International Finance Corporation, Paytm Mall, and Sands Capital Ventures.
10) GoMechanic
Go Mechanic is an online vehicle repair platform that allows consumers to arrange car maintenance at a convenient time. Founded in 2016 by Amit Bhasin, Kushal Karwa, Nitin Rana, Puneet Gulati, and Rishabh Karwa in Gurgaon, Haryana, it operates in the automotive, customer service, e-commerce, and sales sectors. With 251-500 employees, GoMechanic has raised $59,849,371 in funding across 8 rounds from 9 investors, including Sequoia Capital India, Venture Catalysts, Tiger Global Management, Orios Venture Partners, and Chiratae Ventures.
