Known as the Silicon Valley of India, Bangalore witnessed the birth of many successful startups in the last few years. These startups include unicorn startups such as Flipkart, Inmobi, Mu Sigma and also, some Avant-garde startups in the year.
If we look at the survey results, Bangalore has witnessed sprouting up of more than 1700 startups. The recent ROC filing of March 2018 speaks about the inception of a new Unicorn startup BYJU’s. Let’s discuss the merit startups that have attained great capitals and the developing startup of Bangalore.
Lets first discuss the startup which is flying high to the direction of the moon. The Team Indus is competing for the Google Lunar XPRIZE which is awarded to the engineers and entrepreneurs to uncover the low-budget methods of robotic space exploration. In recent events, the team has achieved a contract from ISRO for a PSLV. The industry has been founded by Rahul Narayan, Indranil Chakraborty, Sameer Joshi, Dilip Chabria, Julius Amrit.
Ather Energy deals in the Indian market of electric two-wheelers. The company is focused to switch the outlook of people about electric vehicles by delivering high performance and low maintenance vehicles. Ather Energy is the contrivance of two IIT graduates, Tarun Mehta, and Swapnil Jain.
Explara was founded in 2008 and then rebranded in 2013. Explara is an event management and event ticketing platform which offers event details to users and event ideas to organizing companies. The company has assisted more than 10,000 events in India and powered various events from 21 countries.
Pocket Pill – Pharmacy App
The pocket pill is a healthcare industry founded by Mr. Sudhir Jain to provide a solution for the non-adherence medication problem of chronic patients. This platform helps in bringing patients and the medical community to be in touch for better patient care.
If you usually get confused on every occasion about your attire choice then your solution is Fabulist, a virtual stylist. Fabulist is enabled with an intelligent system, machine learning and data-driven decisions which can provide you with the best-suited fashion available online for you. This ideology has been discovered by Komal Prajapati, Raj Parakh, Vikas Jethnani, Vishal Chitravanshi.
For making offline shopping more comfortable Nexhop endorse the retails stores and develop an ecosystem for bringing out the item catalog. It is a technology startup industry which provides solutions for offline shopping stores so that you get along with the trust factor while shopping.
It is an Indian financial provider. The company offers retail and institutional broking, distribution, and trading services. Zerodha also provides market data research and analysis tools. The company has outlined to attain the revenue generation of Rs 220 crores and get max profit up to 120 crores until this financial year ends. The founder of the company is Mr. Nithin Kamath.
This online payment gateway provides online payment solution to Indian businesses through credit cards, debit cards, net banking and e-wallets like JioMoney, Mobikwik, PayUmoney, Airtel Money, FreeCharge, Ola Money, Payzapp. RazorPay platform is transforming the ways of the payment and focusing on smooth on0boarding, speedy unification, and high success rates. This all features make RazorPay the first choice of fresh startup businesses. The founders of the company are Harshil Mathur, Shashank Kumar.
ClearTax offers help to individuals in preparing and filing their Income Tax Returns in lesser time with maximum tax deductions. The company aims to entertain customers with accuracy, integrity, and reducing the complexity of the taxes. The ClearTax team is full of professionals including IIT, BITS, Harvard graduates and Chartered Accountants. ClearTax collaborates with the Chartered Accountants of more than 30 years of experience for the consultation in the field of taxation, finance, and accounting. The company achieved the pride of becoming the first India-focused startup to get funds from Y-Combinator in the year of 2014. The founder of the ClearTax is Mr. Archit Gupta.
Ninjacart is developed to help producers sell their products directly to the stores and is raising the revenue of Rs 5 crore every month. The company started to operate on May 2015 as a hyper-local grocery shipment company. After operating for six months the company founders realized that the backend supply chain of fruits and vegetables was inefficient and not linked properly. After realizing the fault the company pivoted a new model in December 2015 and became a full-fledged B2B market platform and changed the way how supermarkets obtain their supply.
Ninjacart founders are the expertise of their fields which includes Ashutosh Vikram, the IIM-Kozhikode alumnus, Sachin P Jose, three years experienced in UI/UX and Vasudevan Chinnathambi, Soil alumnus, Sharath, Thirukumaran and Kartheeswaran.