Indian startups that turned big in the industry

Startup in India - Largely touted as one of the favorite countries for startups, India is known to have fueled some of the most successful startups in recent times. Want to know more? Continue reading below, Considered the third largest startup avenue in the world preceded by the US and China, India is known to have some of the best startups in the world. From Flipkart to Paytm, there are many such firms that overcame various obstacles and made it to the top. The success of these startups cannot be just felt not only within the country but in other countries too.

Their innovative approach to business and forward-thinking are found to the drivers of success in today’s competitive marketplace. So, let’s take a deeper look at these startups that continue to shine India’s name on the world map.


# Paytm

It is an India-based digital wallet and e-commerce firm which operates from Delhi NCR. The concept was the idea of Vijay Shekhar Sharma who gave life to in August 2010. He started this voyage in 2000 with one97 communications limited which was providing news, cricket scores, ringtones, and jokes. Paytm today is India’s biggest mobile payment services platform and also bagged the license from RBI for India’s first payments banks, known as “Paytm Banks Limited”. At present, Paytm has more than 150 million wallets and 75 million Android-based app downloads. Vijay got inspiration during his visit to China where he saw vegetable vendors receiving payments through mobile. He then launched Paytm in India.



# Flipkart

Once only involved in selling books, Flipkart today sells almost everything from LED TVs to fashion products and industrial supplies. The e-commerce platform even provides In-a-Day delivery and Pay Later facility that is one of its kind in the industry. Popularly called India’s Walmart, Flipkart has come a long way since its inception. Today, it is on par with Amazon India. Two IIT graduates, Sachin and Binny Bansal launched Flipkart in 2007. Recently, Flipkart has acquired Myntra, a digital fashion brand quite popular in India. You will be delighted to know that Flipkart.com is counted among the top five global billion-dollar start-up club with a total value of $11 billion.



# Make My Trip

Founded by Deep Kalra in 200, Make My Trip deals into travel products. The company has its headquarters in Gurgaon, Haryana, and offers amazing deals on flight tickets, domestic and international holiday packages, hotel booking, rail and bus tickets, etc. Apart from being a full-fledged online travel portal, the company also boasts of 65 retail stores across 50 cities in India, along with global offices in New York City and Sydney.

 

# OYO Rooms

OYO is India’s most extensive branded chain of hotels, launched by Ritesh Agarwal, India’s first graduate of the Thiel Fellowship, a program began by PayPal founder, Peter Thiel. OYO presently runs in India & Malaysia with more than 250+ locations including Delhi, Gurgaon, Mumbai, Bangalore, Hyderabad, Goa, Chennai, Kolkata and Kuala Lumpur. OYO is known to have a remarkable presence across the country including metropolitans, local hubs, best leisure destinations, along with pilgrimage towns. A college dropout, Ritesh came up with his first venture, Oravel Stays Pvt. Ltd. in the year 2012. Oravel was launched as a platform to allow listing and booking of affordable hotel accommodation. Being a passionate traveler, he understood that the budget hospitality sector is short of expectedness. This is when he transformed Oravel into OYO Rooms in 2013 with the key value of offering reasonable and standardized accommodation.



# Zomato

A restaurant search mobile app, Zomato currently features over 1 million restaurants across 23 countries. It is widely used by people across the globe to find nearby restaurants, order food, and avail exciting offers on food & beverage. Besides offering restaurant search and finding, Zomato has widened its portfolio by including transactions – Online Ordering, Table Reservations, and Point-of-Sale system. The platform employs state-of-the-art technology to connect restaurant businesses and customers in a distinctive way that tends to revolutionize the restaurant sector. Founded in 2008, Zomato is one of the most commonly found mobile apps in today’s smartphones. With a total value of $3 billion, Zomato has recently announced that it has secured $150 million in new funding from Ant Financial, a subsidiary of China-based giant Alibaba.