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Top Indian Startups Of 2022
With the last couple of years being challenging for professionals in any field, it sure did take a turn for the new up-and-coming start-ups. Despite the challenges and impediments, there has been a significant rise in the start-up culture as the total investment in the start-up industry has gone from $6.6 Billion in 2018 to $10 Billion in 2020 and $36 Billion in 2022.
This remarkable growth in the investment put in for the start-ups in India shows the strong entrepreneurship and growing start-up culture, the success of these new start-ups has contributed to the growing economy of the country.
The new-age start-ups in India are all about revolutionizing their respective fields with innovation, creativity, and technology.
There are a great many start-ups currently in India that have redefined the industry with their problem-solving and revolutionary business models.
Here we have compiled a list of the top 15 start-ups in India in 2022 along with a small brief about the company.
CRED was founded by Kunal Shah in 2018. CRED is an app that allows users to pay their credit card bills and use other financial services, in return they earn rewards. This Bangalore-based start-up now has more than 6 million customers and the 22% of all credit card holders. CRED is most definitely the most talked about start-up in 2022. CRED is also listed as the best start-up in 2022.
The company has introduced several new features like Cred Coins, which a user can earn by paying their credit card bill, and later these coins can be redeemed for various rewards.
CRED has showcased incredible growth in the past few years. CRED is said to be the youngest start-up valued at approximately $2.2Billion. The start-up is branching out and has plans to buy an
upGrad is a Mumbai-based start-up. Phalgun Kompalli, Ronnie Screwvala, Ravijot Chugh, and Mayank Kumar founded upGrad in 2015. UpGrad is an online educational platform that offers various courses in partnership with institutes and universities in India and abroad. The course range on upGrad comprises digital marketing, product management, entrepreneurship, data analytics, data-driven management, and digital technology management. In 2021 upGrad become the third ed-tech unicorn start-up in India.
Groww is founded by4 ex- Flipkart employees Harsh Jain, Ishan Bansal Dean, Lalit Keshre, and Neeraj Singh. They founded the start-up in 2016 in Bangalore, Karnataka. Groww is a software platform that has made investment simple for its users. Groww has been of assistance to users who are interested to invest in stocks, ETFs, Mutual funds, and IPOs. The user-friendly interface makes it easier for customers to take on various investment opportunities present in the market. There are now over 15 million registered users on Groww.
Zepto was founded in 2021 by two 19-year-old Stanford University dropouts Kaivalya Vohra and Aadit Palicha. According to the IIFL Wealth Hurun India rich list 2022 co-founder Kaivalya Vohra is the youngest self-made individual and youngest richest individual in India.
Zepto is a grocery, dairy, and other household items shopping and delivery service app. Zepto promises to deliver your order in 10 minutes. The current valuation of the start-up is $900 million.
5. Skyroot Aerospace
Skyroot Aerospace is a private space-tech start-up company in India based in Hyderabad. Skyroot Aerospace was founded in 2018 by former ISRO Engineers and Scientists, Naga Bharath Daka and Pawan Kumar Chandana. Skyroot Aerospace is India’s first private aerospace manufacturer and launch service provider.
6. MBA Chai Wala
MBA chai wala is a chain of cafes spread out in different parts of the country. The franchise is now spread across100 cities in India.
The founder’s story and his background made a simple chai thela gain popularity. Founder Prafull Billore is an Ex- McDonald’s server and an MBA aspirant. The 25-year-old entrepreneur has made MBA chai Wala into a successful start-up and has been listed in LinkedIn's Top Start-up of 2022 in India.
Spinny was founded by Ramanshu Mahaur, Niraj Singh, Ganesh Pawar, and Mohit Gupta in 2015. Spinny is a Gurgaon-based start-up company. Spinny is a marketplace for buying and selling used cars. The founders aim to provide a safe space and make the process of buying and selling used cars transparent and trouble-free. The valuation of the start-up on November 2021 was $2.11Billion.
GrowthSchool was founded by Vaibhav Sisinty in September 2021 in Bangalore, Karnataka. GrwothSchool is an ed-tech platform that offers users the to grow personally and professionally. GrowSchool is a platform where students learn from the top 1% through discussion, debates, Q&A, and live sessions which help them with their career paths.
BluSmart was founded in January 2019 by Anmol Jaggi, Puneet Singh Jaggi, and Punit Goyal. BLuSmart Mobility is India’s first zero-emission electronic ride-sharing company. The aim is to be a smart all-electronic cab booking platform that provides safer, more efficient, affordable, and sustainable mobility services. The goal for BluSmart mobility is to drive Indian cities to sustainability by providing them with an on-demand affordable electric mobility platform.
Founded by Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan in 2015. ShareChat is a social media and regional content platform with 15 Indian languages. The start-up gained massive popularity in Tier II and III India and become one of the unicorn start-up companies. ShareChat has around 1.7 Billion users all across India.
Founded by Mohit Kumar and Vatsal Singhal in 2020 in Bangalore, Karnataka. Ultrahuman is a health and fitness platform. Ultrahuman tracks the fitness and metabolism of the user that helps improve their diet and exercise regime with the guidance, knowledge, and experience of the best coaches, sports science experts, neuroscientists, and psychologists.
12. Living Food
Living Food is an e-commerce platform for locally sourced fresh produce. The start-up helps reduce the carbon footprint of the users on the platform. Living Food was founded by Akash Sajith, Niranjan Satheesbabu, and Shikha Lakhanpal in 2018 in Bangalore, Karnataka.
Living Food has been listed in LinkedIn's Top Start-up of 2022 as the Most Innovative Indian Start-up on the rise.
13. Zypp Electric
Founded by Akash Gupta, Rashi Agarwal, and Rashi Agarwal in August 2017. Zypp Electric is an EV delivery service app. Zypp Electric’s mission is to make last-mile delivery affordable, time-saving, and with zero emission and make India carbon-free by using Electric Vehicles. Zypp Electrics aims to transform all deliveries for e-commerce, grocery, medicine, and food verticals to go electric with an e-scooter sharing app.
Founded by Anuj Srivastava, Ramakant Sharma, Saurabh Jain, and Shagufta Anurag in 2014. LivSpace is a home interior design and renovation start-up. LivSpace is an online platform that connects people with designers and the services, and products provided. LivSpace is the fifth home interior and renovation company to be a unicorn start-up in India.
15. Ditto Insurance
Ditto Insurance was founded in 2018 by Bhanu Harish Gurram, and Pawan Kumar Rai in Bangalore, Karnataka. It is a financial service platform that offers user advisory-first insurance distribution service that helps the user to understand and compare insurance policies, and make better and wise decisions.
16. Chai sutta bar
Anubhav Dubey and Anand Nayak are two friends that founded Chai Sutta Bar in 2016. The two have successfully added their name among the youngest millionaires in India. Later the pair was joined by Rahul Patidar. Chai Sutta Bar is an open-concept Tea-chain stall. The Tea-Chain has around 400 outlets in over 190 cities, not to forget its global presence.
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