The Top 10 Emerging Indian Startups that are Making a Difference in 2023.
India’s startup ecosystem is thriving, and these 10 innovative and disruptive startups are leading the way with their cutting-edge solutions and services. From fintech and edtech to healthcare and logistics, these startups are making a significant difference in their respective industries and changing the way we live and work. In this article, we’ll take a closer look at each of these startups and the impact they are having on their industries and society as a whole. Join us as we explore the game-changers of the Indian startup ecosystem.
Cred is a Bengaluru-based fintech startup that has gained popularity for its credit card payment management app. Founded in 2018 by Kunal Shah, the app rewards its users for timely payment of their credit card bills. With over 7.5 million users, Cred has managed to raise a whopping $215 million in funding and is now valued at $2.2 billion.
Uniphore is a Chennai-based startup that provides conversational AI solutions for enterprises. Its AI-powered virtual assistants enable businesses to automate their customer service operations and improve customer experience. With over 150 enterprise clients, including some of the world’s largest banks and insurance companies, Uniphore has raised over $200 million in funding and is now valued at $1.2 billion.
Cars24 is a Gurugram-based startup that has disrupted the traditionally used car market in India. Its online platform enables users to sell their cars in a hassle-free manner, without the need for any middlemen. The startup has over 200 branches across India and has raised over $700 million in funding, with a valuation of $3.1 billion.
Locus is a Bengaluru-based startup that provides AI-powered logistics solutions to enterprises. Its platform enables businesses to optimize their logistics operations, reduce costs, and improve efficiency. With over 200 enterprise clients across 15 countries, Locus has raised over $170 million in funding and is now valued at $1.4 billion.
Meesho is a Bengaluru-based startup that has created a unique platform for small businesses and entrepreneurs to sell their products online. The startup provides its users with a range of tools and services, including product sourcing, logistics, and payments. Meesho has over 13 million entrepreneurs on its platform and has raised over $900 million in funding, with a valuation of $7.1 billion.
Zomato is a Gurugram-based food delivery startup that has become a household name in India. The startup provides its users with a range of food delivery and restaurant discovery services, enabling them to order food from their favorite restaurants with ease. Zomato has over 1.5 million restaurant partners and has raised over $2.1 billion in funding, with a valuation of $8.7 billion.
PharmEasy is a Mumbai-based startup that has disrupted the traditional pharmacy retail market in India. Its online platform enables users to order medicines and healthcare products from the comfort of their homes. The startup has over 10 million users and has raised over $350 million in funding, with a valuation of $1.5 billion.
Razorpay is a Bengaluru-based fintech startup that provides a range of payment solutions for businesses. Its platform enables businesses to accept online payments through a range of channels, including credit and debit cards, net banking, and UPI. Razorpay has over 5 million businesses on its platform and has raised over $700 million in funding, with a valuation of $3 billion.
BYJU- is a Bengaluru-based ed-tech startup that provides online learning solutions for students. Its app-based learning platform offers courses on a range of subjects, including mathematics, science, and coding. With over 100 million users, BYJU’S is one of the largest edtech startups in the world and has raised over $2.5 billion in funding, with a valuation of $16.5 billion.
Delhivery is a Gurugram-based logistics startup that provides end-to-end logistics solutions for businesses. Its platform enables businesses to manage their supply chain operations, including warehousing, order fulfillment, and last-mile delivery. With over 10,000 employees and a network of over 2,500 cities, Delhivery has raised over $1.2 billion in funding, with a valuation of $5.5 billion.