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October 22, 2024

Top 20 Startup Companies in Bangalore | 2024

October 22, 2024

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Startup Companies in Bangalore

Bangalore, popularly known as the ‘Silicon Valley of India,’ is well on its way to cementing its status as a leading innovation hub. Standing at 8th place in the Global Startup Ecosystem Index 2024, the city edges past India and South Asia, seeing huge investment in fintech, e-commerce, edtech, health tech, and others.

In 2023, startups in Bangalore raised more than $1.59 billion. A big portion came from seed funding ($89.9M), Series A ($141.4M), and others. Even in 2024, though they declined, they raised $1.28 billion, proving their stability and capacity to grow. 

They are paving the path for new startups in India’s digital economy, creating new industries and innovations across the globe. In this blog, we will look into 20 of the most promising and future-disrupting startups in Bangalore that are transforming their markets and the future of India’s digital economy.

Why do people choose Bangalore for their Startup?

Here are some key reasons why people choose Bangalore for their startups:

  • Vibrant Ecosystem: Bangalore has a vibrant startup culture encompassing incubators, accelerators, and coworking zones.

  • Access to Talent: The city contains many renowned universities, which provide an ample supply of skilled professionals, particularly in technology, engineering, and management.

  • Diverse Industries: Bangalore is home to IT, fintech, B2B, e-commerce, healthcare, and other industries, which are free to interact and work together.

  • Investment Opportunities: The city remains an important destination for capital investments, especially because it has strong angel and venture capitalist backing for early-stage startups.

  • Supportive Government Policies: The Karnataka government provides schemes, subsidies, and plans for starting a business and supporting such ventures.

  • Networking Opportunities: Some tech meetups, conferences, and events are perfect for networking and building relationships with potential partners and investors.

  • uTech Infrastructure: The city has reliable internet, which is vital in the growth of tech startups, considering that communication is a key facet of any tech business.

  • Global Exposure: Most large business conglomerates have set up offices in Bangalore, offering incubation to local startups in terms of international business strategies.

20 Startup Companies in Bangalore

1. Innoviti Solutions

Startup Companies in Bangalore - Innoviti Solutions

Innoviti Solutions is one of the fastest-growing payment solutions companies that offers intelligent payment solutions to businesses. Their system helps to collect and manage payments as well as provide analytic tools to increase sales and entice customers. 

Retail, healthcare, and other industries benefit from the POS and digital payment solutions provided by Innoviti to ensure digital payment solutions, affordability solutions, and ensuring that businesses increase profitability and customer satisfaction.

  • Founded: 2002
  • Founder: Rajeev Agrawal
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Fintech
  • Number of Employees: 250+
  • Starting Salary: ₹6-8 LPA (approximate range)
  • Services: Payment solutions, transaction analytics
  • Address: XJ6V+287, Diamond District, Second Floor, Tower C, HAL Old Airport Rd, Domlur, Bengaluru, Karnataka 560008

2. Rupeek

Startup Companies in Bangalore - Rupeek

Rupeek is a budding Indian start-up under the lights of Fintech, which provides instant gold loans to people who need some temporary cash. Rupeek is one of those disbursing loans in a secure and fast way, and this start-up uses technology for buyers to provide an opportunity to get loans without a high interest rate. These are the advantages of using doorstep services for carrying out this business.

Customers can suitably pledge their gold while benefiting from doorstep services. Self-employed borrowers now prefer Rupeek’s innovative way of digitizing the old-style Gold Loan to ease the borrowing experience and turn to it for getting quick credit.

  • Founded: 2015
  • Founder: Sumit Agarwal
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Financial Services
  • Number of Employees: 500+
  • Starting Salary: ₹4-6 LPA (approximate range)
  • Services: Gold loans, personal loans
  • Address: 2nd floor, Divya Sree Towers, Bannerghatta Rd, KEB Colony, New Gurappana Palya, 1st Stage, BTM 1st Stage, Bengaluru, Karnataka 560029

3. Byju's

Startup Companies in Bangalore - Byju's

Byju’s is among the largest edtech companies in India, providing online education from kindergarten through high school and competitive exams. Being one of the most famous edtech companies in India, Byju’s integrates technology into education to deliver more interactive lessons. 

It aims to assist the students in understanding difficult concepts using animations, quizzes, and examples that can be related to everyday life. Today, Byju’s has millions of users all over the world and has become an example or an innovator for converting conventional education into an online portal accessible to anyone.

  • Founded: 2011
  • Founder: Byju Raveendran
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Edtech
  • Number of Employees: 10,000+
  • Starting Salary: ₹6-8 LPA (approximate range)
  • Services: Online learning platform, educational content
  • Address: 2nd Floor, Tower D, IBC Knowledge Park, 4/1, Bannerghatta Main Road, Bengaluru, Karnataka

4. Perfios

Startup Companies in Bangalore - Perfios

Perfios is a data aggregation as well as an analytics firm that specializes in data processing in real-time to help financial institutions make better credit decisions. Its particular strength is in evaluating credit risks based on the data retrieved from bank statements and tax returns, as well as other financial documents. 

It remains an essential cog in the wheel of the Perfios digital lending ecosystem because it provides the firm with solutions to optimization, fraud, and other aspects of lending.

  • Founded: 2008
  • Founder: Sabyasachi Goswami
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Fintech
  • Number of Employees: 350+
  • Starting Salary: ₹6-9 LPA (approximate range)
  • Services: Financial data aggregation, credit risk assessment
  • Address: 4th Floor, Lasker, HM Vibha Towers, 66/525, Hosur Rd, above Star Hyper, Chikku Lakshmaiah Layout, Adugodi, Bengaluru, Karnataka 560030

5. Livspace

Startup Companies in Bangalore - Livspace

Livspace is an online marketplace for home interior design and home renovation services, which include consultation to execution. The service available at Livspace lets homeowners build modern, trendy homes by selecting a designer or contractor from Livspace’s marketplace. 

Through the synergy of technology and design proficiency, Livspace guarantees an efficient home redesign process and emerges as a preferred one-stop shopping website for home interior redesign.

  • Founded: 2014
  • Founder: Anuj Srivastava and Ramakant Sharma
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Interior Design
  • Number of Employees: 1,000+
  • Starting Salary: ₹4-6 LPA (approximate range)
  • Services: Home interior design, renovation
  • Address: 6th Phase, 10, Sarakki, 100 Ft, Outer Ring Rd, Signal, J. P. Nagar, Bengaluru, Karnataka 560078

6. INCREFF

Startup Companies in Bangalore - INCREFF

INCREFF is a technology establishment dealing with inventory optimization for the fashion and lifestyle vertical. They use their software to help businesses increase their sales forecasting, supply chain, and inventory control. 

Thus, INCREFF applies data analytics to minimize overstock and understock problems and, in turn, maximize the availability of products on the market. The strategies implemented by INCREFF allow brands to provide a fitting shopping experience on the same level of inventory management.

  • Founded: 2016
  • Founder: Rajul Jain, Anshuman Agarwal & Romil Jain
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Supply Chain Solutions
  • Number of Employees: 150+
  • Starting Salary: ₹5-7 LPA (approximate range)
  • Services: Inventory management, order fulfillment
  • Address: 3rd Floor, The Hub Unit 1, Sarjapur – Marathahalli Rd, Bellandur, Bengaluru, Karnataka 560103

7. Swiggy

Startup Companies in Bangalore - Swiggy

Swiggy is the popular food ordering and delivery platform that has been competing with many giants in India where customers can place orders with local restaurants through the Swiggy App, which delivers food in the shortest possible time with a variety of restaurants to choose from.  Well, it is also one of the best startup companies in Bangalore for freshers.

There is also delivery for groceries and essential products in order to keep up with the use of technology through the platform. The tracking of orders in real-time, recommendations based on the customer’s preference, and certain customer-friendly policies have made Swiggy the norm in the food delivery business in India.

  • Founded: 2014
  • Founder: Sriharsha Majety, Nandan Reddy, and Rahul Jaimini
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Food Delivery
  • Number of Employees: 2,000+
  • Starting Salary: ₹4-6 LPA (approximate range)
  • Services: Online food ordering and delivery
  • Address: Sarjapur Main Road, Koramangala 1st Block, Bangalore – 560034

8. BlueStone.com

Startup Companies in Bangalore - BlueStone

BlueStone is an online jewelry company that specializes in gold, diamond, and platinum jewelry, among others. Being an online jewelry store, BlueStone offers its customers the ability to purchase unique jewelry pieces with the help of customization. This jewelry brand uses artisanship and technology to execute a luxury buying experience straight to the customer’s doorstep.

  • Founded: 20141
  • Founder: Gaurav Singh Kushwaha
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: E-commerce
  • Number of Employees: 200+
  • Starting Salary: ₹4-6 LPA (approximate range)
  • Services: Online jewelry retail
  • Address: No 89/2, Munnekolala, Marathalli Outer Ring Road, Marathahalli, Bangalore 560037

Suggested Read: How to start a jewelry business

9. Razorpay

Startup Companies in Bangalore - Razorpay

Razorpay is an online payment solution provider, which is a fintech startup that helps business organizations perform their financial transactions efficiently. The payment gateway is possible through credit card, UPI, and digital wallet acceptance. 

Razorpay also provides payment management, recurring billing, and refunds’ tools, which make Razorpay an all-encompassing payment gateway. Its line of products targets startups and enterprises with a primary focus on collecting payments and managing finances in the digital space.

  • Founded: 2014
  • Founder: Harshil Mathur and Shashank Kumar
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Fintech
  • Number of Employees: 1,000+
  • Starting Salary: ₹6-8 LPA (approximate range)
  • Services: Payment gateway solutions, financial services
  • Address: 1st Floor, SJR Cyber, 22 Laskar Hosur Road, Adugodi, India

10. Scripbox

Startup Companies in Bangalore - Scripbox

Scripbox is a Robo Advisor platform specializing in helping its customers with personalized, clear-goal investment accumulation. It provides recommendations for investing in mutual funds and is involved in tax planning, services, and retirement planning. 

They also provide all users with lots of convenience and clear information that will facilitate their decisions about investing. The goal of the company is to make personal financial planning as easy as possible to help people reach their economically favorable dreams without any effort.

  • Founded: 2012
  • Founder: Ashish Soni
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Fintech
  • Number of Employees: 200+
  • Starting Salary: ₹4-6 LPA (approximate range)
  • Services: Investment platform, mutual funds
  • Address: Indiqube @ The Leela Galleria 3rd Floor, No. 23, Old Airport Road, Bengaluru, Karnataka 560008

11. CoinSwitch

Startup Companies in Bangalore - CoinSwitch

CoinSwitch is a marketplace to trade on different cryptocurrencies where users are able to trade freely at the markets. It implements a comprehensible and safe buying and lending/selling crypto asset platform for the users. 

Lately, the platform has been noted for the number of available coins and the rates for the exchanges that are quite fair. Being designed for novices and experts in cryptocurrency trading and having emerged as a leader in the Indian market, CoinSwitch offers a convenient service.

  • Founded: 2017
  • Founder: Ashish Singhal
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Cryptocurrency
  • Number of Employees: 200+
  • Starting Salary: ₹5-7 LPA (approximate range)
  • Services: Cryptocurrency exchange, investment platform
  • Address: Prestige Tech Park, Electra Block, Wing A, 1st Floor, Marathahalli – Sarjapur Outer Ring Rd, Kadubeesanahalli, Marathahalli, Bengaluru, Karnataka 560103

12. HomeLane

Startup Companies in Bangalore - HomeLane

HomeLane encompasses an interior design start-up company with beautification and home renovation services. In that respect, the platform provides homeowners with designers and contractors to facilitate home improvement services. 

HomeLane’s unique selling proposition comprises free design consultations, free material samples, and a 45-day delivery guarantee for projects. The company integrates technology with professional designing skills to provide homeowners convenient interior design solutions at HomeLane.

  • Founded: 2014
  • Founder: Srikanth Iyer
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Interior Design
  • Number of Employees: 500+
  • Starting Salary: ₹4-6 LPA (approximate range)
  • Services: Home interior design, furniture solutions
  • Address: First Floor, AMR Arcade E City, 30/2, Service Rd, near Sri Krishna Grand, Konappana Agrahara, Electronic City, Bengaluru, Karnataka 560001

13. CureFit

Startup Companies in Bangalore - CureFit

CureFit is an IndoSrizian health and wellness startup to offer fitness, nutrition, as well as mental health care on one platform. Thus, it means that fitness centers, digital exercising, healthy meals, and mental health programs that CureFit offers as services all touch with a client’s health. 

The platform has an app that provides lessons for workout sessions online, records health metrics, and even reads or watches content about wellness—it is a website that is solely dedicated to being fit.

  • Founded: 2016
  • Founder: Mukesh Bansal and Ankit Nagori
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Health and Fitness
  • Number of Employees: 1,000+
  • Starting Salary: ₹5-7 LPA (approximate range)
  • Services: Fitness, wellness, and nutrition solutions
  • Address: #C BDA 3rd Sector, 17/17, 18th Cross Rd, HSR Layout, Bengaluru, Karnataka 560102

14. Portea Medical

Startup Companies in Bangalore - Portea Medical

Portea Medical is a company home healthcare solution that includes doctor, nursing, physiotherapy, and diagnosis services. The company is in business to bring the best convenient medical attention deserved by the patient to the comfort of his or her home. 

Portea’s area of operation mainly includes elderly care, post-surgery care, and chronic diseases. Portea is home healthcare services that provide medical services more easily, more cheaply, and more accessible to an individual or family.

  • Founded: 2013
  • Founder: Meena Ganesh
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Healthcare
  • Number of Employees: 500+
  • Starting Salary: ₹4-6 LPA (approximate range)
  • Services: Home healthcare, medical consultations
  • Address: 204, 2nd Floor, 4th Block, Koramangala, Bangalore, Karnataka 560034

15. Ninjacart

Startup Companies in Bangalore - Ninjacart

Ninjacart is the electronic marketplace that identifies farmers and sells them to retailers as well as restaurants. The business applies the technology to increase the efficiency of the fresh produce supply chain through timely and fair transactions for most farmers and industries. Through the business model, Ninjacart eliminates unnecessary food waste, offers a proper price to farmers, and ensures to deliver genuine products at a reasonable business price.

  • Founded: 2015
  • Founder: Thirukumaran Nagarajan
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: AgriTech
  • Number of Employees: 1,000+
  • Starting Salary: ₹5-7 LPA (approximate range)
  • Services: Supply chain solutions for fruits and vegetables
  • Address: Indiqube, Helios Business Park, Tower E, above Indiqube, Kadabeesanahalli, Bengaluru, Karnataka 560103

16. Playment

Playment is an artificial intelligence that enables data labeling for businesses that operate within the machine learning and artificial intelligence industries. Due to its niche for data labeling for various sectors such as the autonomous vehicle sector, robotics, and health, among others, the platform provides high-quality data labeling. 

Organizational flexibility is that Playment can assist businesses to optimize training AI models at scale and foster multi-industry improvements. Playment is a market leader within AI and machine learning as it is a provider of data annotation.

  • Founded: 2015
  • Founder: Siddharth Mall Ajinkya Malasane Akshay Lal
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: AI/ML
  • Number of Employees: 150+
  • Starting Salary: ₹4-6 LPA (approximate range)
  • Services: Data annotation for machine learning
  • Address: NA

17. Meesho

Startup Companies in Bangalore - Meesho

Meesho is the social commerce company that facilitates sellers/merchants selling on social media platforms. As a marketplace, Meesho provides the customers with the tools for managing their product categories, promotions, and interactions with customers for new entrepreneurs who often start with little amounts of money.

Certain of the key sources of strength for the platform are cost and availability, which position the firm among the competing firms offering e-commerce solutions in India.

  • Founded: 2015
  • Founder: Vidit Aatrey
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: E-commerce
  • Number of Employees: 500+
  • Starting Salary: ₹5-7 LPA (approximate range)
  • Services: Social commerce, online retail platform
  • Address: 3rd Floor, Tower E, Helios Business Park, near Near Gate 3, Chandana, Kadabeesanahalli, Bengaluru, Karnataka 560103

18. Vahan

Startup Companies in Bangalore - Vahan

Vahan is a kind of job portal that provides employment opportunities to blue-collar employees by employing AI technology. While candidates can find employers in various fields ranging from logistics to e-commerce and retail, among others. 

Through the application of AI, Vahan guarantees that the worker is provided with jobs matching their skills and interests in a simple manner. Through Vahan, the company intends to help reduce the employment gap by providing a platform for quick acquisition of employees.

  • Founded: 2016
  • Founder: Madhav Krishna
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Job Marketplace
  • Number of Employees: 200+
  • Starting Salary: ₹4-6 LPA (approximate range)
  • Services: Job platform for blue-collar workers
  • Address: 1203, 15th Main Rd, Sector 3, HSR Layout, Bengaluru, Karnataka 560102

19. Digit Insurance

Startup Companies in Bangalore - Digit Insurance

Digit Insurance is a general insurance company, and they serve health, motor, travel, and home insurance services. Digit Insurance prioritizes the insurance and the claims procedure, providing policy documents that can be easily understood and fast processing of its claim. Digit insurance has been established to be quite liberal with its policies and has revolutionized insurance.

  • Founded: 2016
  • Founder: Jasleen Kohli
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Insurtech
  • Number of Employees: 2,000+
  • Starting Salary: ₹6-8 LPA (approximate range)
  • Services: Digital insurance solutions, health insurance
  • Address: Atlantis, 95, 4th B Cross Road, Koramangala Industrial Layout, 5th Block, Bengaluru, Karnataka 560095

20. CRED

Startup Companies in Bangalore - CRED

CRED is a financial technology or fintech start-up that incentivizes people to pay their credit card bills on time. The app allows users to earn and spend money and gives them special promotions and bonuses for safe, responsible financial activity. 

Other features of CRED include a credit score as well as recommendations for its users. However, through this approach, CRED seeks to promote good financial habits of timely payments among its users while allowing access to the enhanced services and exciting bonuses.

  • Founded: 2018
  • Founder: Kunal Shah
  • Headquarters: Bangalore, Karnataka, India
  • Primary Industry: Fintech
  • Number of Employees: 2,000+
  • Starting Salary: ₹8-10 LPA (approximate range)
  • Services: Credit card bill payments, rewards program, credit score tracking
  • Address: No. 1198/1199, 3rd Floor, Salarpuria Emporium, 100 Feet Road, Indiranagar, Bangalore – 560038 (Opposite Cult Fit, Hal 1st Stage)

Looking Ahead

Bangalore’s industrial area of start-ups is still vibrant, and several firms within different industries are challenging the boundaries of technology. 

The 20 listed startups epitomize the spirit of the city, creating real solutions to real problems using technology. Some of them are the most desired startup companies in Bangalore for freshers to start their career. They are also trying to provide employment and actively participate in the local economy while still improving and growing to become a global force.

From changing the face of finance, technology, and commerce to improving people’s health and wellbeing, Bangalore-based start-ups are charting the course for the future of business, setting records in innovation, and serving as role models for others.

FAQs

Who are some of the most successful startups in Bangalore?

Some of the most successful startups include Byju’s, Swiggy, Razorpay, Meesho, and CRED.

How do food delivery startups like Swiggy scale their operations in Bangalore?

Swiggy has perfected the art of scaling through affiliate riders, a well-organized supply chain, and technology with real-time order tracking.

What networking opportunities are available for startups in Bangalore?

Tech startups are connected to daily meetups, conferences, and events such as TechSparks, Nasscom Product Conclave, and Bangalore Tech Summit among others. They are giving startups a chance to interact with fellow/startup investors.

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