Did you know that most of your apps on your phones are founded and established by Indians? They have turned out to be a million and billion dollar companies and are worldwide recognized. May it be OYO rooms or Swiggy or Paytm, they all have had some of the other achievements in their respective fields.
You thinking of start-up and need a push? Go through these Indian start-up businesses we have listed down for you that went big and earned themselves a name.
Zomato is a restaurant search and discovery app, providing in-depth information for over 1 million restaurants across 23 countries. Deepinder Goyal and Pankaj Chaddah, the co-founders always wanted to create their own path. Zomato is used by consumers globally to discover, rate, and review restaurants, as well as create their own personal networks of fellow food enthusiasts for trusted recommendations.
In addition, Zomato has created cutting-edge technology to connect restaurant businesses and customers in ways that will revolutionize the restaurant industry. Launched in 2008, Zomato hasn’t been anything less of a sensation. In two years, it was named the most promising internet companies in India. In another two years, it went on to get international recognition.
OYO is India’s largest branded network of hotels founded by Ritesh Agarwal. OYO currently operates in India & Malaysia with over 200+ locations including Delhi, Gurgaon, Mumbai, Bangalore, Hyderabad, Goa, Chennai, Kolkata and Kuala Lumpur. OYO’s presence includes major metros, regional hubs, top leisure destinations, as well as pilgrimage towns.
Ritesh Agarwal dropped out of college and launched his first start‐up Oravel Stays Pvt. Ltd. in the year 2012. He pivoted Travel to OYO Rooms in 2013 with the key proposition of offering affordable and standardized accommodation.
Make My Trip
Makemytrip Inc. is an Indian online travel company, founded by Deep Kalra in 2000. The company has been recognized as one of India’s best travel portals. The company provides online travel services like flight tickets, domestic and international holiday packages, hotel reservations, rail and bus tickets, etc. The company also operates 65 retail stores across 50 cities in India, along with international offices in New York City and Sydney.
Zivame, an online lingerie business has been ushered in the Indian market by Richa Kar, a BITsian in the year of 2011 with the vision of “Offering every woman the confidence, comfort and choice she deserves”.
Zivame won brownie points from its customers by including unique features of all women customer care to ease the customer issues, Availability of Plus sizes, virtually checking the fit, Size calculator and wide availability of brands across the world.
ANI Technologies Pvt. Ltd. stylised as OLA, an Indian origin online network and aggregator for day-to-day transport. Ola founded by an IIT Bombay Alumni called Bhavish Aggarwal and Ankit Bhati in December 2010, which has become India’s most popular mobile app for transportation.
Ola’s unique selling point lies in understanding the local dynamics and creating solutions specifically for the Indian market conditions. Given its ‘Made for India’ focus, it has a definitive advantage of innovation and hyper-local execution.
Flipkart! Many people call it an Indian Amazon. Walmart has owned around 77% of shares from this Bengaluru-based firm. Sachin and Binny Bansal, both IIT-D alumni, worked with Amazon before, thus they introduced a similar concept into the Indian market. They started in 2007, and now they have acquired Myntra, an online fashion brand for around INR 2000 crore.
Flipkart is India’s leading e-commerce marketplace offering over 30 million products cross 70+ categories including Books, Media, Consumer Electronics, and Lifestyle. They are the only online player offering delivery services such as In-a-Day delivery Guarantee across 50 cities and Same-Day-Guarantee across 13 cities.
Flipkart.com has made it to the top five global billion-dollar start-up club with a valuation of $11 billion, according to the Wall Street Journal and Dow Jones Ventur Source report.
Paytm is an Indian electronic payment digital wallet and e-commerce company based out of Delhi NCR, India. The company founded in August 2010 by Vijay Shekhar Sharma.
Paytm today is India’s largest mobile payment services platform and also received a license from RBI for India’s first payments banks, called “Paytm Banks Limited”
Paytm has over 150 million wallets and 75 million Android-based app downloads. Started as a prepaid mobile recharge website, its founder Sharma related how he was inspired by a visit to China when he saw vegetable vendors using their mobile phones to receive payments from some customers. This led to him establishing Paytm wallet in 2013 and there was no turning back.
VSS Mani, founder and CEO of Just Dial, India’s largest local business search engine. Just Dial is now a household name. It offers classifieds listings of small businesses for an annual fee. People can search for businesses via phone, SMS, the website, or now through the mobile app.
The company was started in Mumbai with a few pieces of borrowed furniture, rented computers, and a 15-square-foot garage which he took on hire. It had seed capital of INR 50,000.
Now the company is one of the few such businesses in India to go for an IPO. The company is listed on the Bombay Stock Exchange with a valuation of just under US$1 billion. It now has over 15 million listings and employs about 9,000 people.
From being a late entrant in the online food ordering space in 2014, Swiggy has galloped its way to a billion-dollar valuation in four years, forcing Zomato to play catch-up. Swiggy, become the fastest startup to become a unicorn. Swiggy is literally the only consumer internet startup from the 2014-2015 hyper-funding wave that continues to thrive.
When Swiggy started out, it was fashionable for startups to avoid getting their hands dirty and focus on building a cool app rather than taking up the arduous task of building a supply chain. The online food ordering business in India is expected to treble in size over the next three years to at least $2.5 billion.
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