Top 10 Startups in India Everyone Should Know
India is rapidly developing, and it is no wonder that it
has been the site of some of the largest startup success stories in the last
decade. The rise in the number of new firms in India may be attributed to the
country’s technical and structural advancements. As commercial potential
expands, Indian companies continue to draw investors from around the world. As
a result, the Indian government is also assisting by supporting companies,
which is creating job prospects. We have compiled some of the best startups in the world you
need to learn about right now.
Top 10 Startups In India 2022
Startup India’s major purpose is to innovate and develop
services and products, as well as to boost employment in India. So, lets hear
about the case studies about the top
10 startups in India in 2022.
1. OYO
OYO began as a hotel company and has now grown to become
the fastest-growing hotel chain in the industry. Oyo was founded by Ritesh
Aggarwal. It operates in about 800 cities across 80 countries. Greenoaks
Capital, SoftBank Group, Didi Chuxing, Lightspeed India, Sequoia India, Hero
Enterprise, and others are among the company’s investors. When someone has to
stay in a hotel, they immediately think about Oyo since they can stay there for
a cheap fee.
2. Dunzo
Dunzo, a well-known Indian company, links customers with
the closest delivery partner, who can make orders, pick up items from any store
or eatery in the city, and deliver them to you, all using their app. The main
idea behind the company’s name is to be quick, dependable, and courageous. They
also provide bicycle taxi services. It is a firm based in India that offers
hyper-local on-demand delivery services.
3. Upstox
Upstox is one of India’s fastest-growing brokers. It
greatly simplifies trading. Upstox has constructed a durable platform to make
trading easy for Indian investors. They’ve also made it far simpler to create a
Demat account via a paperless transaction. Their founders have extensive
expertise in both the American and Indian sectors. It is one of the fastest-growing startups in India which
has shown its growth exponentially.
Our Learners Also Read: Top 10 Indian EdTech Startups 2022
4. MamaEarth
Mamaearth is a cosmetics firm that creates cosmetics using
natural, less hazardous ingredients. People nowadays are always concerned about
the chemicals used in cosmetic items. However, Mamaearth has recently created
various chemical-free cosmetic products using organic ingredients.
With the American Made Safe Certification, it has become a
potential business in the cosmetic sector. In addition, Mamaearth is the first
Unicorn of 2022, with a valuation of $1.2 billion after raising $52 million.
This is one of the best startups in
India 2022.
5. ChargeBee
ChargeBee provides billing infrastructure for
subscription-based SaaS enterprises by integrating with over 30 prominent
payment gateways without requiring gateway lock-ins. ChargeBee, which is backed
by Tiger Global and Accel Partners, now has a US headquarters and has secured
around $6 million in investment.
ChargeBee is currently increasing its product offering and
considering growth into major areas such as the United States and the United
Kingdom. With over 98 percent of clientele currently outside of India,
internationalization will be simple.
6. PharmEasy
PharmEasy, which was started in 2015, has been on an
unbelievable growth streak, which has only been boosted by the epidemic. The
firm sells prescription and over-the-counter medications, diagnostic tests, and
just about everything you’d find at your local drugstore, plus a lot more.
7. Nykaa
Nykaa is a beauty and wellness app available online. It
offers the greatest beauty items for both men and women at extremely
inexpensive prices. They distribute things straight from the company, and their
products are 100 percent authentic. They also provide discounts and other deals
regularly. The company is one of the best
startups in India 2022 and was initially established as a
solitary e-commerce channel, but it later began opening different retail shops
in numerous major cities around the country.
8. Yellow Messenger
With the world’s leading intelligent virtual assistant
builder for B2B clients, these firms establish themselves as one of the best
startups in India. They assist their clients in developing virtual assistants
using chatbots, which automate the customer support process. Other services
include Whatsapp support for business, Enterprise automation, workforce
engagement, and customer support.
Their solutions are offered in more than 100 languages and
through more than 30 channels. Their clientele includes well-known firms such
as Indigo, HDFC, Grab, Flipkart, and others.
9. ShipRocket
Shiprocket is India’s only automated eCommerce shipping
service. It allows you to choose from 17+ courier partners, track orders, and
create shipping labels. It also handles results from an integrated dashboard.
In addition to shipping automation, Shiprocket provides discounted freight
pricing with its top-rated shipping partners, such as FedEx, Bluedart,
Delhivery, and Ecom Express.
It’s possible to link Amazon, eBay, Magento, Opencart,
Shiprocket 360, and more than six more websites and marketplaces. This is a
Profitable Startup in India with several characteristics.
10. Instamojo
The capacity of Instamojo’s technology to collect payments
with a single link is its main selling feature. Its Instapay function enables
payees to make payments using only their Instamojo login. There are no upfront
costs with Instamojo, but they do charge 1.9 percent on each successful sale.
After debuting in 2012, the business is now supported and advised by prominent
venture capital organizations such as 500 Startups and Blume Ventures.
The Bottom Line
To sum up everything, India is a hotbed of cultural,
grassroots, and frugal innovation. When you factor in a population of over one
billion people, it becomes an intriguing location for businesses to develop
scalable and repeatable business models. This carefully picked list
encapsulates the essence of serving the modern Indian consumer and company.
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