Introduction:
India's tech landscape rapidly evolves, with popular tech startups driving innovation across various sectors. As we enter 2024, the country is witnessing a surge in technological advancements led by ambitious startups.
In this blog, we’ll explore India's 15 most popular tech startups making significant strides, reshaping industries, and contributing to the digital revolution.
From AI and fintech to e-commerce and health tech, these startups are setting new benchmarks and are poised to make a lasting impact on the global stage.
Why tech startups are very popular all over India?
Tech startups are becoming increasingly very popular all over India, due to the rise of new technologies. Tech startups are rising in new technologies and need innovative solutions and lucrative returns on Investment.
Tech startups are utilizing social media to reach potential customers, and utilizing crowdfunding to finance their business. Many tech startups have found success in building relationships with investors, networks, and incubators.
The growth of startups in India has been explosive over the last few years. According to Nasscom, the number of startups in India has grown from 3100 in 2014 to 8900 in 2019.
The cumulative investments in startups during the same period have grown from $2.2 billion to $14.5 billion. Startups have also created more than 5 lakh jobs in India.
1. Interview Bit:-
Interview Bit is an online platform for tech interview preparation. It provides mock interviews and coding challenges. The Interview Bit helps the users prepare for software engineering interviews. Interview Bit also provides personalized guidance from mentors and job interview coaching.
Interview Bit is a platform for learning the skills needed for technology jobs. It polishes your skills and prepares you for the job, whether you are a recent college graduate or a working professional. This is one of the most popular tech startups in India.
Mr Abhimanyu Saxena and Anshuman Singh are the founders of Interview Bit, which was founded in 2014.
2.SamunnatiFinancialIntermediationand Services:-
Samunnati Financial Intermediation and Services are leading rural finance platform that provides financial services to underserved and rural populations.
The Samunnati Financial Intermediation and Services company in India provides financial as well as agricultural services solutions throughout the entire value chain in agriculture.
These platforms connect users to financial services such as small loans, microfinance services, crop insurance, and more. This App also provides support to small and medium-sized enterprises( SMEs) in India to boost their business.
This startup helps them access capital. Samunnati's mission is to reduce financial exclusion and increase access to financial services in rural India. These startups are providing agricultural and other rural livelihood with the financial tools they need to grow and thrive. This is one of the most popular tech. startup in India.
Mr. M.V. Subramaniam is the founder of Samunnati Financial Intermediation Services, which was founded in the year 2016.
3. Share chart:-
A share chart startup is a company that develops and offers online platforms to help people understand and compare the performance of stocks and other Investments.
It provides services of a stock chart or table is a set of information on a particular company's stock that generally shows information about price changes, current trending prices, historical highs & lows, dividends, trading volume, and other company financial information.
The services typically include charts, analysis tools, and news feeds. The goal of the company is to make it easier for people to track and make decisions about investments. This is one of the most popular tech. startup in India.
Some of the well-known founders of the share chart startups in India are Robinhood, Motif Investing, and Acorns.
4. Aye Finance:-
Aye Finance is an Indian fintech startup that provides micro-lending solutions to underbanked and underserved segments of the population.
Aye Finance provides loans to all types of trading businesses, some of which are Garments, Stationery, Kirana shops, petty shops, General stores, Utensils, Furniture, Marbles, Auto parts, and Agricultural products services. This is one of the most popular tech. startup in India.
The company offers small loans to small businesses, micro-entrepreneurs, and low-income households without access to traditional banking services.
Aye Finance also offers digital banking services, such as Aadhaar-enabled payments, digital passbooks, and digital loan tracking.
Aye Finance was founded in 2014 by Sanjay Sharma and Vikram Jetley.
5. Rozerpay:-
Razorpay is a digital payments startup company based in India. it provides payment solutions to merchants, businesses, and individuals by providing unified payment platforms.
Razor Pay helps you accept online payments from customers across Desktop, Mobile web, Android & Ios. With Rozar Pay, you can collect payment across multiple channels like SMS, Email, Watsup, Chatbots & Messengers.
The company's platforms enable customers to securely pay with multiple payment options, including credit cards, debit cards, UPI, net banking wallets, and International cards.
Razorpay also offers advanced analytics and reporting for customers to track their payments. This is one of the most popular tech. startup in India.
Razorpay was founded by Harshi Mathur and Shashank Kumar in 2016.
6. Agro star:-
Agro Star start-up company is a business that focuses on developing new technologies and services related to the agricultural sector.
An Agro Star app provides links to purchase and then track the delivery of farm tools and supplies such as cultivators and fertilizers.
Agro Star is one of India's foremost Ag Tech startups, working on the mission of helping farmers. This is one of the most popular tech. startup in India.
Sustainable agriculture, greenhouses, hydroponics, precision agriculture, robotic farming, and livestock management. Agro-star startups often focus on utilizing new technology and innovative approaches to help farmers improve their operations and increase their incomes.
Shardul Sheth is the co-founder & CEO of Agro Star.
7. CRED:-
CRED is a startup company that provides a platform for people to earn rewards for their credit card transactions. The rewards can be used for discounts or to donate to charity.
CRED is a member-only club that rewards individuals for their timely credit card bill payments by providing them with exclusive offers of premium experiences. It is a platform that allows credit card users to manage multiple cards along with an analysis of their credit scores. This is one of the most popular tech. startup in India.
Cred also offers financial education and credit score monitoring to help people understand and manage their finances.
Cred was founded by Kunal Shah, the former CEO of Free Charge.
8. E.com express:-
E.com Express is a logistics and e-commerce delivery start-up company that provides express delivery services to the e-commerce industry.
It is based in India and offers a wide range of services such as same-day delivery. Next-day delivery, International delivery, reverse logistics, and more.
E.com express offers timely Cash on delivery (COD) remittance and guaranteed mile delivery of orders in India within 24 to 72 hours all around the year, including Sundays/Holidays.
The company also provides technology solutions such as warehouse management, order management, and tracking and tracing.
E.com Express was founded by Mr T.A. Krishnan, Mr KSatyanaryan, Mr Manju Dhawan, and Mr Sanjeev Saxena in 2012.
9. Housing.com:-
Housing.com is India's most profitable startup in India in 2022. This start-up in India gives services for innovative real estate advertising platforms for homeowners, landlords, developers, and real estate brokers. This is one of the most popular tech. startup in India.
The Housing .com startup company offers listings for new homes resale homes, rentals, plots, and co-living spaces in India.
Housing.com is a real estate startup company founded in 2012 in Mumbai. It is an online platform that helps people find, buy, sell and rent properties.
The company provides a variety of services, including property listings, online payments, and customer support. It also provides a search engine to help users find properties that fit their requirements.
Housing.com was founded by 12 IIT Bombay alumni, including Rahu Yadav Advitiya Sharma. And Abhishek Anand.
10. Swiggy:-
Swiggy is an Indian food delivery startup founded in 2014.
The company offers food delivery services through its website and mobile app. It works with local restaurants to deliver meals to customers within a defined area. Swiggy also offers a range of services such as in-app payments, cashless transactions, and loyalty programs.
Besides food delivery, Swiggy also provides on-demand grocery deliveries under the name Instamart, and a same-day packages delivery service called Swiggy Genie.
The company has a presence in over 100 cities in India and is one of the most popular food delivery platforms in the country.
The founders of Swiggy are Sriharsha Majety, Nandan Readdy, and Rahul Jaimini. They founded the company in 2014 in Bengaluru, India.
11. Udaan:-
Udaan is a B2B e-commerce platform that enables businesses to discover, buy and sell products and services online. This is one of the most popular tech. startup in India.
Udaan enables small manufacturers, farmers, and brands to market and sell their products across the country at low cost with 100% payment security and complete transparency.
It was founded in 2016 by three former Flipkart executives, Amod Malviya, Sujeet Kumar, and Vaibhav Gupta.
Udaan's mission is to simplify, digitfy, and organize the traditional supply chain in India and make it accessible to all businesses.
Udaan provides an online marketplace for retailers, wholesalers, manufacturers, and distributors, who can buy and sell products and services at competitive prices.
12. Cashify:-
Cashify is a start-up company, which provides services to help people sell their used electronics such as mobile phones, laptops, and other technology items. This is one of the most popular tech. startup in India.
Currently, Cahify provides repair services for smartphone screens, batteries, charging jacks, microphones, speakers, receivers, back panels, proximity sensors, and audio jacks.
They help customers get the best value for their used items by connecting them with a network of verified buyers. Customers can also avail of Cashify, 's repair, and warranty services.
The founders of Cashify are Nakul Kumar and Mandeep Manocha.
They both have extensive backgrounds in technology and e-commerce and are passionate about making Cashify a leading service in the used electronics market.
13. Infra Market:-
An infra-market startup company is a business that focuses on providing infrastructure services, such as cloud computing, data storage, or distributed computing to enterprises.
The Infra market is a business-to-business (B2B) e-commerce firm, running a brand of construction material, concrete, and chemicals used in fracture projects.
These companies are typically focused on developing and marketing new technologies for the emerging market, often with a focus on cost-effective solutions.
Some of the popular companies in the infra market included Digital Ocean, Amazon web services, Microsoft Azure, and Google Cloud platform all of which were founded by tech titans like Jeff Bezos, Bill Gates, and Larry Pages.
14. Rapido:-
Rapido is a startup that provides on-demand bike taxis, auto-rickshaws, and other urban mobility solutions. The company was founded in 2015, and it now operates in over 100 cities in India.
Rapido is an Indian bike taxi aggregator and logistics service provider based out of Bengaluru. Rapido is India's first and fastest-growing Bike Taxi app in India. Rapido ensures safe economical rides for intra-city travelers.
The services enable customers to book a ride using the Rapido app and get picked up from their locations in minutes. The company also works with local governments and businesses to provide last–mile connectivity solutions.
Rapido was founded by Pavan Guntupalli, Aravinda Sanka, and Ramprasad Shastry in 2015.
15. Policy Bazar:-
Policy Bazar is an online Insurance comparison platform enabling customers to compare, buy and save on insurance products.
Policy Bazar helps customers in researching and comparing insurance policies, helping them in making an informed decision. It offers everything from life insurance, helping, health insurance, motor insurance, and other insurance such as travel insurance and group insurance. This is one of the most popular tech. startup in India.
It was founded in 2008 by IIT Delhi alumni Yashish Alok Bansal and Avaneesh Nirjar.
Policy Bazar uses technology to empower customers to make informed decisions about their insurance needs. It provides a comprehensive online marketplace for customers to compare, buy and save on insurance products.
The company currently offers insurance products from over 100 leading insurance companies. Policy Bazaar has a revolutionized and hassle-free insurance purchase experience.
The company's innovative and user-friendly platforms make it very easy for customers to compare insurance products from multiple insurance companies and make informed decisions.
Policy Bazar has made the insurance purchase process easier and more transparent. It has also created a level playing field for customers to compare and buy the right products at the right place.
Conclusion:-
According to the Economic Survey 2021-22, As of August,29,2022 India had emerged as the world's largest startup ecosystem with over 77000 DPIIT-recognized startups spread throughout 656 districts.
Some of the best cities for a startup in India are Bengaluru, Delhi, Mumbai, Gurugram, Hyderabad, Noida & Pune.
In 2024, India's tech startups will focus on AI, blockchain, and sustainable tech, driving innovation across sectors like healthcare, fintech, and agritech. With growing digital adoption and government support, these startups will shape the future, creating solutions that address local challenges while making a global impact. The future is bright and transformative.
According to the 42nd Indian Tech Startup Funding Report 2021, Indian startups raised $42 Billion in funding across 1583 deals in 2021 and 2487 unique investors participated
