Did you know that India accounts as the country with the third-highest number of start-ups in the world? Well, it is true. From Flipkart to Ola, from Swiggy to Patym, Indian start-ups have risen to give stiff competition to foreign competitors, dominating the Indian market.
Here are the topmost valuable start-ups in the nation that you must know about before the arrival of 2020:
1) Going Digital
At a valuation of 16 billion dollars, Paytm has a story to brag. It started as a small platform to promote digital payments in the nation and has now become a banker and the owner of a cloud platform. Today it’s so widely used that every shop, or even a local stall, has a Paytm QR code scanner ready for payments.
2) Travel easy
A stiff competitor to Uber, Ola Cabs is valued at 6.32 billion dollars, it has ventured from cabs to taxis to ferry as well. It has even purchased companies like Foodpanda and Taxi4sure in efforts to expand and venture out.
3) Have a nice stay!
Widespread and visible to every traveler, Oyo Rooms has become the saving grace of India’s tourism industry. Valued at 10 billion dollars, what started in the country has now expanded to the US, China, and Saudi Arabia. Ritesh Agarwal, the founder of this red and white start-up couldn’t be prouder.
4) Don’t stop learning
Byju’s, a name that always rings a follow up in a reader’s mind ‘The learning app’ has come a long way in terms of providing education via a digital forum. Valued at 5.75 billion dollars, it has signed Shah Rukh Khan to represent the brand and recently added its founder, Byju’s Raveendran to India’s billionaire list.
5) Order online
Swiggy has slowly grown to reach a valuation of 3.3 billion dollars. From focusing on geographical expansion across 500 cities in India, launching Swiggy super and being innovative with Swiggy stores, it gives a stiff competition to Zomato in the food delivering business.
6) Get some wings
Udaan was launched in 2016 and took the shortest amount of time till date to reach a valuation of 2.3 billion dollars in 2019. It not only portrays success but does the job of bringing India’s manufacturers, traders and sellers together via one portal.
7) Your eyes deserve care
Lenskart, a brand which was recently in the news for having famous Influencer Bhuvan Bam as its brand ambassador, is in this list at a valuation of 1.5 billion dollars. It was earlier an online eyewear store but now has grown to have multiple offline stores, a loyal consumer base, and an excellent marketing plan.
8) Gaming goes well
Dream11 is a company that has cleverly tapped into the growing industry of fantasy games where it has received investments from big names like Alibaba. Valued at 1 billion dollars, it is currently looking to increase growth, venture out and gain users.
9) Have it home
Groceries are now delivered at home by multiple brands, yet, BigBasket remains the oldest in the race. It is valued at 1 billion dollars, known for having Bollywood stars on board, a cool modern app with efficient delivery, it has a lot of untapped potentials to gain from.
10) Logistics goes for the win
Delhivery started out to help provide delivery support to e-commerce companies in Delhi NCR regions only. It has now expanded to have fulfillment centers in 12 cities, has a valuation of 1 billion dollars and continues to strive for more.
