Top Indian Startups To Watch in 2022

What is the History of Startup?

All of you must have heard about the fund allocated for the startup of Modiji. This question must have crossed your mind: why did our government invest so much money in this subject, after all?

What is it about the startup that transforms our country from developing to developed? What exactly do you mean when you say “startup”? start denotes the start of anything new. A start-up emerges when someone weaves dreams by stepping outside of his comfort zone and making that dream a reality.

We recall names like Flipkart and Ola Cabs as soon as the start-name up’s is spoken. However, we occasionally consider the truth and passion behind it. Have you ever considered that whoever has brought this startup to this stage has given up his sleepless nights in order to get to this position?

Instead of donating his time to the idea, he sees with his wide eyes, the startup is the one who takes the initiative to make the dream his time. Even after falling, when someone keeps his eyes on the sky and makes an attempt to do something new, a star shines like Steve Jobs of Apple in the millions.

Startup In India

I did not say any of this because these are my own opinions, but because our country has a skills shortage. The Indian middle class has access to a wide choice of contemporary designs, many of which are of excellent quality, as well as handcrafted furniture that is both beautiful and functional. Despite having all of these arts, our country has very few start-ups that stand out.

The Indian start-up scene, on the other hand, is far younger than that of Silicon Valley. Despite this, several startups have succeeded in establishing a brand.

In India, now is an excellent time for start-ups. Business is expanding in India, and you can learn a lot about how to manage a firm there. So, this time, we’ve compiled a list of startups that have broken industry records. Let’s take a look at each of the top Indian startups one at a time:

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Top Indian Startups

1. Udaan

Year Founded	2016
Headquarter	Bangalore, Karnataka, India
Size	5001-10,000
Founders	Amod Malviya, Sujeet Kumar, Vaibhav Gupta
Type	(B2B) e-commerce platform.
Aim	Udaan aims to cut out the middlemen between the customer and the factory product.

Udaan is an Indian startup headquartered in Bangalore. Under one roof, the company brings together product makers, traders, and distributors. This means that a corporation can acquire the majority of its services in one location.

Their website also offers a live chat feature that allows users to communicate in a variety of languages. Their platform makes the B2B environment in India easier to navigate.

Since its beginning in 2016, Udaan has attracted a diverse group of investors. Over the course of the company’s five years, 13 investors have invested a total of $1.2 billion. Tencent, a Chinese technology company, is one of these investors. The firm has made its investment in Petpooja in early 2020 and has made Udaan one of the most interesting start-ups in India.

2. Ola

Year Founded	2010
Headquarter	Kormangala, Karnataka, India
Size	5001-10,500
Founders	Ankit Bhati, Bhavish Aggarwal
Type	Transportation
Aim	To build mobility for a billion people.

Bhavish Agarwal founded the company Ola Cabs. It is a start-up that assists customers in finding and booking online cabs in both large and small cities.

OLA’s headquarters are in Bangalore. In 2019, it was valued at $6.5 billion. In today’s world, it’s also working on food delivery.

Ola Cabs has likewise grown into a multinational corporation. They operate in nations such as Australia, the United Kingdom, and New Zealand, in addition to India. The cab owner and the drivers have maintained a collaboration with Ola Cabs.

Before beginning his own company, Bhavish worked for Microsoft. Ankit used to work as a freelancer on minor assignments. The origins of Ola are equally fascinating to learn about.

Ola has been quite active in getting investors and even buying itself outright. Through a succession of funding rounds, the company has raised $3.8 billion in venture funding from 44 different investors.

3. Dunzo

Year Founded	2015
Headquarter	Bangalore, Karnataka, India
Size	1010-5000
Founders	Ankur Aggarwal, Dalvir Suri, Kabeer Biswas, Mukund Jha
Type	e-commerce
Aim	–

Dunzo is an e-commerce and supply company established in Bangalore, India. The company provides a delivery app that focuses on hyper-local delivery.

Customers are engaging with local services and businesses to boost their online presence, according to this data. Consumers can purchase items such as food, medicine, and pet supplies, among other things.

Dunzo has the ability to modify the way you move goods, shop, and access your city in ways you’ve never seen before. We’re an app that matches you with the closest delivery partner who can make purchases, pick up things from any store or restaurant in town, and deliver them to you.

A big number of well-known investors have invested in Dunzo. Dunzo has raised a massive $128.4 million in funding from a group of 24 investors, including Google and Lightbox.

With the present COVID-19 pandemic, supply services are in higher demand than ever, and Dunzo will undoubtedly become one of India’s most successful companies in the near future.

4. MoneyTap

Year Founded	2015
Headquarter	Bangalore, India
Size	100-300
Founders	Anuj Kacker, Bala Parthasarathy, Kunal Varma
Type	Loan and Finance
Aim	to make credit available to the millions of Indians who are unable to obtain credit when they require it.

MoneyTap is an Indian firm situated in Bangalore. The company was founded in 2015, and since then, it has built a solution that provides clients with the comfort of an app that includes a customizable personal credit limit.

You can pay it back over a period of up to 36 months if you follow certain guidelines. This might be a huge help to the people, and the company handles it fairly.

So far, the company has raised $40.3 million from a group of six investors, which is a significant amount of money for a start-up.

In today’s environment, comfort is key, and MoneyTap is essential in the buckets that will be seen in 2021 and beyond. MoneyTap is a notable example of Indian start-ups because it provides accessible funding to the economically disadvantaged.

5. Razorpay

Year Founded	2014
Headquarter	Bangalore, Karnataka, India
Size	1000-550
Founders	Harshil Mathur, Shashank Kumar
Type	Payment Gateway
Aim	Razorpay aims to transform online company money management by delivering simple, developer-friendly APIs and seamless integration.

Razorpay is an Indian startup based in Bangalore, India. It was started in 2014 and is now headquartered there.

With its user-friendly product range, Razorpay is India’s first payment system that allows businesses of all sizes to accept, process, and disburse payments, from startups to major enterprises.

Users will be able to pay using a variety of methods, including debit and credit cards, internet banking, and several payment wallet systems. This makes accepting money for the business a breeze.

A group of 29 investors has contributed a total of $366.6 million to the company’s expansion. In 2019, the company purchased Opfin and Thirdwatch, indicating that it has been active in the acquisition market.

6. PharmEasy

Year Founded	2016
Headquarter	Mumbai, India
Size	501-1000
Founders	Dharmil Sheth, Dhaval Shah, Mikhil Innani
Type	Healthcare technology
Aim	PharmEasy’s aim was to make high-quality, affordable healthcare available to everyone.

PharmEasy was created in 2015 and is a healthcare technology firm based in Mumbai, India.

This booming Indian business is one of the country’s major pharmaceutical aggregators. We connect people with local pharmacies and testing centers to suit their various medical needs.

The company’s services focus upon providing drug delivery, clinical specimen collecting, and remote health consultations to its customers.

In terms of obtaining outside investment, the company has had tremendous success. A total of $651.5 million has been raised so far from a group of 25 investors.

7. Yellow Messenger 

Year Founded	2016
Headquarter	Bangalore, Karnataka, India
Size	501-1000
Founders	Anik Das, Jaya Kishore Reddy Gollareddy, Raghu Kumar, Rashid Khan
Type	AI-based technology
Aim	The goal is to make it possible for businesses to use intelligent chatbots to provide high-quality customer service.

Yellow Messenger is an IA technology company situated in Bangalore, India, that was founded in 2016.

The company’s main offering is supplying AI-powered consumer interaction solutions that may be utilized in conjunction with instant messaging networks. Google, WhatsApp, and Slack are just a few examples. They also provide advanced virtual assistant services.

Yellow Messenger has raised a total of $24 million since its inception in 2016. A group of three investors, including Microsoft Accelerator Bangalore and Lightspeed Venture Partners, contributed to the funding.

This investment, as well as the investors’ reputation, demonstrates their belief in Yellow Messenger’s business strategy.

8. CRED

Year Founded	2018
Headquarter	Bangalore, Karnataka, India
Size	251-500
Founders	Kunal Shah
Type	Payment and Finance
Aim	The CRED App seeks to make credit card use more convenient and automatic.

CRED is an Indian start-up situated in Bangalore, India, that was founded in 2018. The company wants to encourage credit card customers to pay their bills on time.

This is achieved by providing incentives based on the amount of money paid in each case. There are also various options for keeping track of credit card charges. Finally, our customers have access to a variety of financing and products from reputable providers.

CRED has amassed vast sums of money in the three years he has been in operation. A consortium of 28 distinguished investors, including Insight Partners, a US corporation, raised $471.2 million in total. Individuals being rewarded for excellent financial management is a strong USP, and these investors clearly agree.

9. Digit Insurance 

Year Founded	2016
Headquarter	Bangalore, Karnataka, India
Size	1001-5000
Founders	Kamesh Goyal
Type	Insurance and Finance
Aim	Making the entire insurance process easier and less stressful, from purchasing to filing claims.

Digit Insurance is an Indian insurance startup based in Bangalore, India. It was founded in 2016 and is currently headquartered there. Their aim is to make the entire insurance process easier and less stressful, from purchasing to filing claims.

A small group of four investors, including the Fairfax Group, has given Digit Insurance a substantial quantity of money.

Digit Insurance has raised a total of $244.5 million since its inception five years ago, and it has made various acquisitions, including $72.8 million in 2018 for another Indian insurance startup ITI Reinsurance.

10. Zomato

Year Founded	2008
Headquarter	Gurgaon, Haryana
Size	1001-5000
Founders	Deepinder Goyal
Type	Food Delivery
Aim	–

Deepinder Goyal, Pankaj Chadha, and Gunjan Patidar started Zomato, an Indian international restaurant aggregation, and food delivery company, in 2008. In select cities, Zomato offers food delivery alternatives as well as information, menus, and user ratings from partner restaurants.

It’s a food delivery service that connects clients with restaurants online. Zomato collects total funding of $755.6 Million.

11. Cult.fit

Year Founded	2016
Headquarter	Gurgaon, Haryana
Size	101-250
Founders	Ankit Nagori, Mukesh Bansal
Type	Fitness
Aim	The objective of the cult. fit is to “make health simple.” We achieve this through our products and services.

Cult.fit is a healthcare technology firm situated in Bangalore, India, that began operations in 2016.

The company hopes to make fitness more enjoyable and accessible by providing a mix of online and offline learning resources on fitness, nutrition, and mental health wellbeing.

Cult.fit has attracted significant funding, with a total of $404.6 million coming from a group of 32 investors.

The firm has also been active in the investment and acquisitions industry, having made one investment and eight acquisitions. In 2021, there’s a good chance they’ll keep climbing to new heights.

12. One97 (Paytm)

Year Founded	2010
Headquarter	Noida, Utter Pradesh
Size	–
Founders	Vijay Shekhar Sharma
Type	financial technology
Aim	Our aim is to increase financial inclusion in India by providing digital payments to a growing number of people.

Another excellent start-up. This business provides a payment alternative for people who want to pay for mutual funds. It’s similar to PayPal. Despite the fact that it is not yet at this stage, it is widespread throughout India.

In 2020, the digital payments market saw transactions totaling USD 5.44 trillion, and by 2026, it is expected to be valued at roughly $11.29 trillion, with a CAGR of 11.21 percent between 2021 and 2026.

13. Coolberg 

Year Founded	2016
Headquarter	Mumbai, India
Size	101-250
Founders	Pankaj Aswani, Yashika Keswani
Type	financial technology
Aim	Our aim is to deliver a drink that is distinct from what our clients have been drinking for years.

Coolberg is a craft beer startup based in Mumbai, India. It was started in 2016 and is now headquartered there.

As more individuals think about their drinking habits, the company is built on catering to the rising market for non-alcoholic beer.

So far, the company has received a significant amount of outside investment, with $3.5 million allocated to its development and expansion.

14. Craftsvilla 

Year Founded	2011
Headquarter	Mumbai, India
Size	101-250
Founders	Bhavik Jhaveri, Manoj Gupta, Monica Gupta, Sarvajeet Chandra
Type	e-commerce
Aim	Craftsvilla aims to stay on top of the latest trends by regularly updating our carefully picked collections.

Craftsvilla is an e-commerce and fashion firm based in Mumbai, India, that was started in 2011.

A total of $62.7 million was raised from a group of five investors for the company. Lightspeed Venture Partners is one of these investors. In addition, the company has been highly active in terms of acquisitions, having taken over three different businesses since 2011.

15. OYO Rooms

Year Founded	2012
Headquarter	Gurgaon, Haryana, India
Size	1001-5500
Founders	Ritesh Agarwal
Type	Rental Company
Aim	assuring the acceptability of the services as promised by Oyo to its consumers and offering a comfortable room stay

Ritesh Agarwal founded Orwell Stages in 2012 to facilitate the listing and booking of low-cost hotels; in 2013, he renamed the company OYO.

Ritesh Agarwal, through his Cayman Islands-based RA Hospitality Holdings, struck a $2 billion deal in July 2019 to purchase back shares from existing investors Lightspeed Venture Partners and Sequoia India, bringing his interest in the company to 30%. With this deal, the corporation was valued at $10 billion.

Oyo Rooms, Yatra, Airbnb, and EaseMyTrip teamed together in June 2021 to join the Confederation of Hospitality, Technology, and Tourism Industry (CHATT), an industry group for India’s tourism sector.

16. skit.ai

Year Founded	2016
Headquarter	Bangalore, Karnataka, India
Size	51-100
Founders	Akshay Deshraj, Manoj Sarda, Sourabh Gupta
Type	AI-based software
Aim	a fully automated call center solution that makes use of artificial intelligence (AI).

skit.ai is an AI-based software firm situated in Bangalore, India. It was created in 2016 and is now headquartered there.

The business provides an AI-powered automated call center solution. Improved voice recognition capabilities, among other advantages, boost customer interaction and contact center operations.

skit.ai has received $5.1 million in investment from a group of seven investors thus far. They raised this amount in four rounds of fundraising.

17. FreshToHome

Year Founded	2014
Headquarter	Bangalore, Karnataka, India
Size	–
Founders	Shan Kadavil
Type	grocery store
Aim	We want to provide clients with items that are both inexpensive and convenient.

Freshtohome is an online grocery shop where customers may purchase a variety of seafood and meat.

Fish, poultry, mutton, steaks, and fillet are among the items available on the website. Shellfish, freshwater fish, and marine fish are all types of fish. It also enables vendors to provide the website with fish and meat.

FreshToHome Collect the total funding of $152 Million.

18. BYJU’S

Year Founded	2011
Headquarter	Bangalore, Karnataka, India
Size	51-100
Founders	Byju Raveendran and Divya Gokulnath
Type	Learning Platform
Aim	Our aim is to become one of the world’s most popular educational technology platforms.

Byju’s is a start-up that focuses on education technology. Byju Raveendran and Divya Gokulnath are the founders of this startup. Byju’s Startup was founded in 2011 and is based in Bengaluru. 

It’s a massive online education platform with a global reach. The study material may be easily understood even by children thanks to machine learning and AI technologies.

According to The Economic Times, the corporation is now worth $ 13 billion dollars. Byju’s name is well-known among India’s Top Startups.

In January 2022, the firm joined Simplilearn, Unacademy, upGrad, and Vedantu as one of the India EdTech Consortium’s founding members.

19. Zerodha

Year Founded	2010
Headquarter	Bangalore, Karnataka, India
Size	–
Founders	Nithin Kamath and Nikhil Kamath
Type	Stock Trading
Aim	Our mission is to eliminate all cost, support, and technological restrictions that traders and investors experience in India.

Zerodha is a financial services firm. Nithin Kamath brought this to you in 2010. Zerodha’s headquarters are located in Bangalore.

Based on an ESOP repurchase at more than four times the book value of 700 per share, Zerodha achieved a self-assessed valuation of over $1 billion in June 2020.

Zerodha is India’s largest retail stockbroker, with over 5 million active customers generating more than 15% of daily retail transactions across all Indian stock exchanges.

We can undertake equity trading, derivatives trading, currency trading, and commodity trading with Zerodha. Mutual funds, corporate bonds, and government bonds can also be purchased.

20. Meesho

Year Founded	2015
Headquarter	Bangalore, Karnataka, India
Size	–
Founders	Vidit Aatrey Bhaumik Gondaliya Sanjeev Barnwal
Type	Ecommerce
Aim	Our mission is to alleviate some of WhatsApp’s commerce pain points by relocating much of the purchasing process to a separate mobile shopping platform

Meesho is a Social Commerce Platform that allows you to run an online business from the comfort of your own home.

Vidit Aatrey and Sanjeev Barnwal are the founders of Meesho. They both began Meesho in 2015. Meesho’s headquarters are also in Bangalore.

It’s an online reseller platform that allows women, students, and others to make money by doing side work.

Meesho raised $300 million in April 2021, headed by SoftBank Vision Fund 2, for a $2.1 billion value. Facebook Prosus Ventures, Shunwei Capital, Venture Highway, and Knollwood Investment were among the existing investors.

21. Qure AI

Year Founded	2016
Headquarter	Mumbai, India
Size	11-50
Founders	Prashant Warier
Type	Healthcare technology
Aim	Our goal is to improve the ease with which algorithms facilitate and conduct evaluations of any medical imaging performed for a patient.

Qure AI is an artificial intelligence-based healthcare technology company.

This means that physicians will have to spend less time doing standard medical tasks, giving them more time to focus on their patients’ individual requirements. Both the healthcare practitioners and the end-users profit from this.

In their one and only investment round, Qure AI was able to raise $16 million. AI-driven pandemic response suites are being given to healthcare authorities as part of the company’s efforts to combat the COVID-19 pandemic.