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What are the Top 10 Startups in India?

What are the Top 10 Startups in India?

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Startups in India has also managed to produce its unicorns setups – startups valued at over US $ 1 billion.

Flipkart and Snapdeal lead the list of top Indian unicorns,

followed by mobile advertising firm InMobi, booth aggregator OlaCabs (widely known as Ola),

And also, restaurant search website Zomato, data analytics firm Mu Sigma and the mobile payments company Paytm.

While India has successfully had a relatively better tech company ecosystem, the manufacturing Sector is still lagging.

The new government has made manufacturing a priority to encourage more local entrepreneurs to set up factories.

1.   Information Technology

·         Wipro

Its Sector is Information Technology

Wipro Limited is a multinational corporation that provides information technology, consulting, and business process services.

It was incorporate in 1945.

And also, Wipro began operating in IT products in 1982.

Now it has become a global leader in IT services, operating worldwide with more than 160,000 employees.

·         Infosys

Its Sector is Information Technology

Infosys Limited is a multinational company that provides business consulting, information technology, and also, outsourcing services.

It is primarily operating in independent software development, maintenance.

And validation services for companies in finance, insurance, manufacturing, and other sectors.

And, Infosys has operations in India, the United States, China, Australia, Japan, the Middle East, and Europe.

2.   Banking

·         State Bank of India

Its Sector is Banking. It is the best Startups in India.

The State Bank of India, also known as SBI, is a multinational public sector banking and also financial services company, majority-owned by the Indian government.

SBI dates back to 1806 and is now the largest Indian bank, offering a range of banking products and also services in India and 36 other countries.

·         IndusInd Bank

Its Sector is Banking. It is the best Startups in India.

IndusInd Bank Limited is a multinational banking and financial services company offering commercial, transactional, and electronic banking products and services.

With more than 1,000 branches across India, IndusInd Bank specializes in retail banking services and operates representative offices in the United Kingdom and the United Arab Emirates.

3.   Food

·         Balaji wafers

Balaji Wafers, a Gujarat-based regional snack maker, was founded by Bhikubhai, Chandubhai, and Kanubha Virani.

It is the market leader in the western state of Gujarat and has also managed to outperform Pepsico’s Lays in the Maharashtra region.

Balaji spends very little on marketing and concentrates his efforts on expanding his distribution network; therefore, keeping costs low.

And, Balaji Wafers is valuing at around $ 150 million.

·         Zomato

Zomato is an online restaurant search website started by Deepinder Goyal in 2008.

It operates in all major cities in India and is one of the most visited websites in India.

Add restaurants to your website and app and earn revenue from advertising, consulting, and restaurant orders through unique numbers provided on your website.

And also,It is present in more than 20 countries and has information on more than a million restaurants.

Also, adding a restaurant Social media firm to get customers’ attraction.

4.   E-Commerce

·         Flipkart

Flipkart’s e-commerce website has become the most significant e-commerce player in India, revolutionizing the way Indians shop.

Flipkart was started in 2007 by two former Amazon employees, Sachin Bansal and Binny Bansal, and has already received funding from many private equity firms.

As of May 2015, Flipkart had a valuation of 15. 5 billion.

And also, Currently, Flipkart’s closest competitor in India is Amazon.

·         Snapdeal

Started in 2010 by Rohit Bansal and Kunal Bahl as a daily discount website, it changed its model to become an online marketplace, similar to Alibaba and eBay.

The change in Snapdeal’s business model, eBay funding, and a $ 627 million investment from Softbank has helped the company compete against Flipkart and Amazon.

And also, It is currently valuing at around $ 5 billion.

·         Quickr

Launched in 2008 by Pranay Chulet, it is the largest online classifieds portal in India.

It allows the user to post ads to buy and sell a wide range of items, from mobile to real estate.

And also, Earn money for ads on your website and charge for premium ads.

It is a capitalist business, compared to Flipkart, and it can expand quite quickly.

5.   Automobile

·         Bajaj Auto

Its Sector is Automobile. It is the best Startups in India.

Bajaj Auto is a manufacturer of low-cost motorcycles, scooters, auto-rickshaws, and cars.

And, it is Founded in 1944, Bajaj Auto has become the largest motorcycle manufacturer in India and the largest three-wheeler in the world.

And also, Bajaj Auto is also a subsidiary of the Bajaj Group

·         Maruti Suzuki

Its Sector is Automobile

Maruti Suzuki India Limited is an automobile manufacturing company.

56.21% owned by the Japanese car and motorcycle maker Suzuki Motor Corporation.

And also, Maruti Suzuki produces and sells a wide range of cars and associated products and services.

And also, Including auto financing and insurance, auto accessories, and driving schools.

6.   Consumer Goods

·         Asian Paints

It Sector is consumer goods

And also, Asian Paints Limited is a multinational paint company.

Asian Paints operates in the manufacture, sale, and distribution of paints, coatings, home decoration products, bathroom accessories, and related services.

·         Hindustan Unilever

Its Sector is consumer goods

Hindustan Unilever Limited, often abbreviated as HUL, is a consumer goods company, subsidiary of the British-Dutch company Unilever.

And also, One of the largest companies listed on the London Stock Exchange.

Tracing its origins back to 1933, Hindustan Unilever has expanded to offer products in more than 20 categories.

And also, Including food, personal care, and hygiene, home cleaning, and water purification.

Also read: What is ProfitBooks?– About, key Options, Advantages, and More

 

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