The Indian start-up scene is on a roll like never before, and it’s a great time to be around it. Take tech-savvy kids launching innovative apps, and passionate entrepreneurs coming up with novel food delivery services, the list is endless.
Cities like Bengaluru, Gurgaon, and Mumbai now resemble playgrounds for budding businesses, crammed with co-working spaces, networking events, incubators, and enthusiasm.
All that support from investors, accelerators, and even the government provided a very welcoming environment with great prospects for ideas to thrive. The prospects for this populace are huge, given that the youth is eager to throw itself upon new technologies and solutions.
So, whether you dream of establishing the next big e-commerce platform or jump into fintech, Startup companies in India’s ecosystem are the place for creativity, collaboration, and endless possibilities.
15 Most Successful Startup Companies in India
1. Urban Company
Founded by Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan in 2014, Urban Company is a pioneering platform operational from Gurgaon, Haryana, founded with an aim of services being at home.
Its presence in the wide service industry helps the company establish itself as big marketplace for all domestic services, further establishing links between customers and skilled professionals. With an active staff of 1,001 to 5,000 people, Urban Company has come to be positioned as a prominent company operating in the home services sector, with the help of applications.
Over time, the company has managed to raise a total of $445,920,356 through fundraising across its 12 rounds of funding from some of the most prominent companies such as Bessemer Venture Partners, Tiger Global Management, Accel, Wellington Management, and Dragoneer Investment Group.
This financial support apparently signifies the potential growth and innovation Urban Company has for its marketplace. As it extends services and continues to enhance customer experiences, it can sustain the competitive advantage it has in the marketplace.
- Founders: Abhiraj Singh Bhal, Raghav Chandra, and Varun Khaitan
- Founded in: 2014
- Headquarters: Gurgaon, Haryana.
- Primary industry: Service industries, Consumer electronics
- Fundings: $445,920,356 (Bessemer Venture Partners, Tiger Global Management, Accel, Wellington Management, and Dragoneer Investment Group)
- Number of employees: 1,001 to 5,000
- Address: KHB Colony, Koramangala Industrial Layout, Koramangala, Karnataka, Bengaluru, 560034.
- Services: Home Services, Home appliances
- Starting salary: 3 lakhs approx.
- Company ratings: 3.5/5
2. Classplus
Classplus is one of the most intriguing new EdTech players in the market, brainchild of visionaries Bhaswat Agarwal, Bikash Dash, Mukul Rustagi, Nikhil Goel, and Vatsal Rustagi, founded in 2018. This venture has its headquarters in the city of Noida, Uttar Pradesh, to revolutionize the education landscape with their ‘out-of-the-box B2B solutions.”.
The company majorly focuses on e-learning with an all-inclusive suite of mobile apps and SaaS tools for educational institutes and tutoring centers. Classplus has vociferously grown its footprint in the education sector with a dedicated workforce of 101 to 250 employees.
The Company Secures $89,506,451 funding from 10 Rounds; So far attracts 20 notable investors, including Sequoia Capital India, Kunal Shah, Tiger Global Management, GSV Ventures, and RTP Global. Such massive financial backing reflects Classplus’s intent to enhance the learning experience and the potential of this venture, as it is bound to innovate the fast-changing new world of digital learning.
- Founders: Bhaswat Agarwal, Bikash Dash, Mukul Rustagi, Nikhil Goel, and Vatsal Rustagi
- Founded in: 2018
- Headquarters: Noida, Uttar Pradesh
- Primary industry: Business/Productivity Software
- Fundings: $89,506,451(Sequoia Capital India, Kunal Shah, Tiger Global Management, GSV Ventures, RTP Global)
- Number of employees: 101 to 250
- Address: 1st Floor, D8, Sector 3 Noida, Uttar Pradesh, 201301.
- Services: Streamlined Online Education Management and Custom Branded Apps & E-Commerce
- Starting salary: 8 lakhs
- Company ratings: 3.6/5
3.Paytm
In 2010, two entrepreneurs, Akshay Khanna and Vijay Shekhar Sharma, founded Paytm as an e-commerce/financial services company, with its headquarters based in Noida, state of Uttar Pradesh.
Paytm made a mark in the bounds of mobile payment, finance, and online shopping by changing the manner in which consumers interact digitally with financial transactions.
Paytm has built a robust ecosystem that includes mobile payments, wallets, and several other financial products with a dedicated workforce of 501 to 1,000 workers. The company has also secured $32,448,851 in funding through 4 rounds from a small team of 4 investors, with its cofounder Vijay Shekhar Sharma being one of them who also is the co-founder for K2 Global, Investopad, and One97 Mobility Fund.
This tremendous investment underlines Paytm’s growth potential along with its efforts at enhancing digital financial services across India that will further consolidate its position as a market leader in the landscape of mobile payments.
- Founders: Akshay Khanna and Vijay Shekhar Sharma
- Founded in: 2010
- Headquarters: Noida, UP.
- Primary industry: e-commerce/financial services
- Fundings: $32,448,851
- Number of employees: 501 to 1,000
- Address: Takshal Road, Near Nirula's Noida Hotel, Harola Market, Sector 6, Noida, Uttar Pradesh 201301
- Services: Mobile Payments & Wallet, UPI payments and Merchant Solutions
- Starting salary: 6 lakhs approx.
- Company ratings: 3.2/5
4. Apna
Founded by Nirmit Parikh in 2019, Apna is an innovative platform established in Mumbai, Maharashtra, that has primarily focused on working to transform the employment arena in India. Being one of the frontrunners within the human resources, recruiting, and staffing sphere, Apna bridges an enormous gap between job seekers and employers and unlocks the way for people to access relevant employment opportunities in such a rapidly shifting job market. With its workforce of 101 to 250, Apna is gaining ground fast in the employment sector with distinctive solutions differentiated to solve the needs of both candidates and businesses.
The company has gathered an impressive sum of $93,450,000 at 4 funding rounds. Its investors are a notable group, including Sequoia Capital India, Greenoaks Capital, Tiger Global Management, Insight Partners, and rocketship.vc. Such high financial investments also imply growth and innovation potential of Apna, particularly because of continuous product development that is now more value-added and has a significantly longer lasting effect on the recruitment landscape in India.
- Founder: Nirmit Parikh
- Founded in: 2019
- Headquarters: Bangalore, Karnataka
- Primary industry: Internet, Professional network service
- Fundings: $93,450,000 (Sequoia Capital India, Greenoaks Capital, Tiger Global Management, Insight Partners, and rocketship.vc.)
- Number of employees: 101 to 250
- Address: Hosur Road Silicon Terraces, 30/1 Bengaluru, Karnataka 560095
- Services: job search, profile building and networking
- Starting salary: 2.8 lakhs approx.
- Company ratings: 3.3/5
5. Razorpay
It was in 2014 when two graduates from the Indian Institute of Technology, Harshil Mathur and Shashank Kumar, gave life to the FinTech company hailing from Bengaluru, Karnataka- Razorpay.
The company has since made great strides in the payment landscape since inception through offering a wide suite of software solutions that empower businesses to manage online transactions seamlessly. The company has 1,001 to 5,000 workers, having scaled extremely fast to impact multitudes of industries and services all startups, SMEs, and large corporations.
Razorpay has successfully raised an impressive sum of $366,600,000, with funding occurring over 7 rounds, and which has attracted investments from a humongous network of 29 investors, including Sequoia Capital India, Ribbit Capital, Kunal Shah, GIC, and Tiger Global Management.
Such massive funding confirms the promise of Razorpay to innovate and actually transform the financial services sector, helping startup companies in India and beyond to make digital payments more accessible and efficient for businesses. This investment further aligns with Razorpay’s vision to rev up the financial services industry both domestically and globally.
- Founders: Harshil Mathur and Shashank Kumar
- Founded in: 2014
- Headquarters: Bengaluru, Karnataka
- Primary industry: Fintech
- Fundings: $366,600,000(Sequoia Capital India, Ribbit Capital, Kunal Shah, GIC, and Tiger Global Management)
- Number of employees: 1,001 to 5,000
- Address: 1st Floor, SJR Cyber, 22, Laskar Hosur Road, Adugodi, Bangalore, Karnataka - 560030
- Services: Payment Gateway, Fraud Prevention & Security and Subscription Payments
- Starting salary: 12.7 lakhs
- Company ratings: 3.6/5
Suggested Read: Tips For First-Time Startup Investors
6. UpGrad
UpGrad, founded by Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, and Ronnie Screwvala in the year 2015, based out of Mumbai, Maharashtra, is one of the leading players in the e-learning and EdTech space.
The company views education as a means to transform the learning landscape by bringing world-class online learning experiences to students and working professionals as and when they need it.
UpGrad has emerged as one of the key players in the education industry, wherein it promises a wide range of programs and courses designed to help evolve skill sets in candidates and guide them through careers. So far, the company has raised $176,283,446 in 4 funding rounds.
This has been achieved with the support of a good few of the most respected names on its investors’ list, including Temasek Holdings, International Finance Corporation, IIFL Asset Management, and Unilazer Ventures.
This significant support not only highlights further scaling and innovation opportunities at UpGrad but also reiterates the commitment to quality education for more learners across India and further to drive a better workforce in the digital era.
- Founders: Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, and Ronnie Screwvala
- Founded in: 2015
- Headquarters: Mumbai, Maharashtra
- Primary industry: E-learning and EdTech
- Fundings: $176,283,446(Temasek Holdings, International Finance Corporation, IIFL Asset Management, and Unilazer Ventures)
- Number of employees: 4,231
- Address: 75, Ground Floor, Nishuvi Dr. Annie Besant Road, Mumbai, Maharashtra.
- Services: Online Courses & Degrees, Corporate Training and Live Classes & Mentorship
- Starting salary: 1-3lakhs
- Company ratings: 3.9/5
7. Delhivery
Delhivery is the emerging leader in logistics and supply chain management, established by Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan in 2011. Founded in Gurgaon, Haryana, the company provides for e-commerce services, freight services, shipping, last-mile transportation, and warehousing.
Currently, with a robust workforce of 5,001 to 10,000 employees, the company has scaled its operations and capabilities to make a robust network that allows for efficient and timely deliveries throughout India. The company has managed to raise as much as $1,236,569,361 through 11 funding rounds and has attracted investments from a very serious group of 13 investors led by global giants such as SoftBank, GIC, The Carlyle Group, Tiger Global Management, and the Canada Pension Plan Investment Board.
This huge investment reflects Delhivery’s commitment to innovation and its desire to enhance its logistics services further amidst this rapidly moving landscape of e-commerce and transportation.
- Founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan
- Founded in: 2011
- Headquarters: Gurgaon, Haryana
- Primary industry: logistics and supply chain
- Fundings: $1,236,569,361(SoftBank, GIC, The Carlyle Group, Tiger Global Management, and the Canada Pension Plan Investment Board)
- Number of employees: 5,001 to 10,000
- Address: Plot No.5, Sector- 44, Gurugram, Haryana- 122002.
- Services: Courier & Parcel Delivery, Reverse Logistics and Freight Services
- Starting salary: 0.2 lakhs
- Company ratings: 3.9/5
8. 1mg
1mg is a healthcare technology company in Gurgaon, Haryana, founded by Anurag Mundhada, Gaurav Agarwal, Prashant Tandon, Sameer Maheshwari, and Vikas Chauhan in 2015. The company converges e-commerce with healthcare services at its epicentre and positions itself to deliver an extensive set of services that include medicine delivery, online doctor consultations, and products related to health. With a committed workforce of 11 to 50 employees, 1mg is dedicated to making healthcare more reachable and easier for users across India.
It has managed to raise an enormous $204,600,209 in funding through 16 rounds so far from a diverse group of 17 investors who include Sequoia Capital India, Intel Capital, Sequoia Capital, International Finance Corporation, and Maverick Ventures.
Such a strong financial backstop is a testament to 1mg’s growth and innovation potential in continuing on its enhancements and widening its reach in this quest to revolutionize how healthcare becomes accessible in the age of digitization.
- Founders: Anurag Mundhada, Gaurav Agarwal, Prashant Tandon, Sameer Maheshwari, and Vikas Chauhan
- Founded in: 2015
- Headquarters: Gurgaon, Haryana.
- Primary industry: Healthcare and E-commerce
- Fundings: $204,600,209(Sequoia Capital India, Intel Capital, Sequoia Capital, International Finance Corporation, and Maverick Ventures)
- Number of employees: 11 to 50
- Address: 5th Floor Tower – B of The Presidency Building, 46/4 Mehrauli Gurgaon Road, Sector 14, India.
- Services: Online pharmacy, diagnostic and E-consultation
- Starting salary: 3-4 lakhs
- Company ratings: 3.4/5
9. BigBasket
BigBasket, an e-grocery company based out of Bengaluru in Karnataka, set up in 2011 by the 5 visionaries- Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Ramesh, and VS Sudhakar is a pioneer in this online grocery business and has changed the entire way the customers are ordering groceries online with just a few clicks from fresh produces to pantry staples and household essentials.
BigBasket scaled up operations with a dedicated workforce of 5,001 to 10,000 employees to serve the demand of urban consumers who avoid queues. BigBasket has raised an impressive $1,119,863,468 through 17 rounds of funding thus attracting funding from 17 investors such as Bessemer Venture Partners, Alibaba Group, International Finance Corporation, Paytm Mall, and Sands Capital Ventures.
Such a huge amount of support means BigBasket has the potential to rise and keep experimenting because they continue to upgrade their services and keep targeting the goal of becoming the go-to grocery shopping platform for India.
- Founders: Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Ramesh, and VS Sudhakar
- Founded in: 2011
- Headquarters: Bengaluru, Karnataka
- Primary industry: E-commerce
- Fundings: $1,119,863,468(Bessemer Venture Partners, Alibaba Group, International Finance Corporation, Paytm Mall, and Sands Capital Ventures)
- Number of employees: 5,001 to 10,000
- Address: Oxford House, 3rd Floor, HAL Airport Road Rustam Bagh Main road, Domlur, Landmark: Manipal Hospital Bangalore - 560071
- Services: online grocery
- Starting salary: 2 lakhs approx
- Company ratings: 3.6/5
10. GoMechanic
Founded by Amit Bhasin, Kushal Karwa, Nitin Rana, Puneet Gulati, and Rishabh Karwa in 2016, GoMechanic is a fast-emerging company that provides car services out of Gurgaon, Haryana. Founded to enable access to automotive services between the vehicle owner and the provider, it performs the same underneath an e-commerce umbrella.
GoMechanic, growing at a maximum level of 251 to 500 in the workforce, has emerged as a very trusted name in the automotive industry with a strong focus on quality customer service and efficient solutions for car owners. Regarding funding, the company has taken a total of $59,849,371 in 8 rounds from top investors.
The company’s list of investors includes a strong team of 9 investors, comprising some of the famous venture capital firms such as Sequoia Capital India, Venture Catalysts, Tiger Global Management, Orios Venture Partners, and Chiratae Ventures. This financial backing highlights the massive potential of GoMechanic, further reiterating that it could revolutionize India’s car service industry. As one of the promising startup companies in India, GoMechanic is poised to make car services more mainstream, reliable, and accessible for consumers.
- Founders: Amit Bhasin, Kushal Karwa, Nitin Rana, Puneet Gulati, and Rishabh Karwa
- Founded in: 2016
- Headquarters: Gurgaon, Haryana.
- Primary industry: Online car servicing platform
- Fundings: $59,849,371(Sequoia Capital India, Venture Catalysts, Tiger Global Management, Orios Venture Partners, and Chiratae Ventures)
- Number of employees: 251 to 500
- Address: 3rd Floor, Landmark Tower, Moti VIhar, Ashok Marg, South City I, Sector 41, India.
- Services: Car repair, Car Cleaning & Detailing and Battery Services
- Starting salary: 10 lakhs
- Company ratings: 3.6/5
11. Unacademy
Unacademy is an ed-tech company that saw rapid growth and co-emergence in 2015, when it was founded by four key individuals, Gaurav Munjal, Hemesh Singh, Roman Saini, and Sachin Gupta. Its headquarters is located in the state of Karnataka in the city of Bengaluru.
The very idea of this platform is to democratize education across multiple courses held online as well as many other resources for students and professionals of different spheres of activity. With a vibrant workforce of 251-500 employees, Unacademy has been able to create a robust community for learning as well as teaching.
The firm has successfully leveraged innovative teaching with digitalized tools for advancing quality training and knowledge by attracting great training and knowledge. Unacademy has been able to raise an impressive amount of $398,500,000 in funds through 11 funding rounds, thereby capitalizing on investments from an extensive network of 36 investors who have also included some of the biggest names such as Facebook, SoftBank Vision Fund, General Atlantic, and Sequoia Capital India.
This huge fund, with the wellspring of Unacademy promising to deliver much more than so far, makes this an ideal model that shall help grow and innovate continuously to strengthen its offerings and global outreach in changing the educational scenario of India.
- Founders: Gaurav Munjal, Hemesh Singh, Roman Saini, and Sachin Gupta
- Founded in: 2015
- Headquarters: Bangalore, Karnataka
- Primary industry: Edtech
- Fundings: $398,500,000(Facebook, SoftBank Vision Fund, General Atlantic, and Sequoia Capital India)
- Number of employees: 251-500
- Address: 540, 100 Feet Rd, Krishna Reddy Layout, Amarjyoti Layout, Domlur, Bangalore, India.
- Services: Live classes, Notes & Study Materials and Personalized Learning
- Starting salary: 6-9 lakhs
- Company ratings: 3.4/5
12. Ola
Ola has been well-established since 2010 by Ankit Bhati and Bhavish Aggarwal. It is a forerunner in the ride-sharing and transportation industry, with its base location situated in Koramangala, Karnataka. Ola facilitated Indians’ urban mobility ever since it came into the light, it first created a user-friendly app, that could connect passengers and drivers and provide flexible and affordable transportation.
The company has expanded quite much and has become a household name in the ride-hailing industry with a large workforce of 5,001 to 10,000 workers. Ola has wonderfully raised $3,808,672,049 across 25 funding rounds and garnered support from a wide-ranging array of 45 investors, including prominent global firms such as SoftBank, Tencent, DST Global, Sequoia Capital India, and Temasek Holdings.
This encouraging financial support reflects the confidence of investors in the vision and business model of Ola but also positions the company to grow further and innovate as the services of the company improve and it extends its presence deeper into the rapidly changing transportation landscape of both India and international markets.
- Founders: Ankit Bhati and Bhavish Aggarwal
- Founded in: 2010
- Headquarters: Kormangala, Karnataka
- Primary industry: ride-sharing and transportation industry
- Fundings: $3,808,672,049(SoftBank, Tencent, DST Global, Sequoia Capital India, and Temasek Holdings)
- Number of employees: 5,001 to 10,000
- Address: 414, 3rd Floor 4th Block, 17th Main, 100 Feet Road Koramangala Bangalore, Karnataka, India 560034
- Services: Ride-Hailing Services, Ola Rentals and Ola Fleet Management
- Starting salary: 2.6 lakhs approx
- Company ratings: 3.3/5
13. Licious
Licious is a relatively new food and beverage space player, started in 2015 by Abhay Hanjura and Vivek Gupta, based out of Bengaluru, Karnataka. The company has had the best niche-carved-out status in this e-commerce food delivery market as it specializes in delivering high-quality fresh meat and seafood products directly to consumers.
Licious, a company with 1,001 to 5,000 employees, delivers customer orders promptly and guarantees their freshness when offering a seamless online shopping experience. The company has been successful to the tune of raising $158,589,644 in 7 funding rounds with investments from a diverse group of 20 investors, some of whom include notable names such as Vertex Ventures, Mayfield Fund, InnoVen Capital, 3one4 Capital, and Bertelsmann.
This solid financial backing attests to the confidence of the investors in the business model and growth potential of Licious, making it stronger through increased offerings and subsequently expanding coverage to eventually redefine the way Indian consumers buy their meat and seafood.
- Founders: Abhay Hanjura and Vivek Gupta
- Founded in: 2015
- Headquarters: Bengaluru, Karnataka
- Primary industry: E-commerceguide and Food & Beverage
- Fundings: $158,589,644(Vertex Ventures, Mayfield Fund, InnoVen Capital, 3one4 Capital, and Bertelsmann)
- Number of employees: 1,001 to 5,000
- Services: Fresh Meat Delivery, Marinated & Ready-to-Cook Products and Cold Cuts & Deli Meats
- Starting salary: 9.3 lakhs approx
- Company ratings: 3.7/5
14. CRED
CRED, founded in 2018 by Kunal Shah, is one of the leaders in FinTech, incorporated in Karnataka, Bengaluru. It is an innovative payback platform that rewards users with money for clearing their credit card bills. It is ‘the first ever kind of ‘digital reward’ for bill payments, and one of the world’s simplest and yet most sophisticated platforms that values your habits by rewarding users for paying credit card bills on time”.
Exclusively working to develop personal finance management as well as make payment processes smoother for its users, CRED has a growing team of 251 to 500 employees. The company has managed to bring in $471,205,550 in funding through 6 rounds so far, with interest from 28 investors, including big firms like General Catalyst, DST Global, Sequoia Capital India, Ribbit Capital, and Greenoaks Capital.
This strong financial backing truly not only reflects a vote of confidence by investors in the business model propounded by CRED but also provides it with the necessities for future growth and innovation in redefining how money is managed in India, including its next level of offerings.
- Founder: Kunal Shah
- Founded in: 2018
- Headquarters: Bangalore, Karnataka.
- Primary industry: FinTech
- Fundings: $471,205,550(General Catalyst, DST Global, Sequoia Capital India, Ribbit Capital, and Greenoaks Capital)
- Number of employees: 251 to 500
- Address: 3rd Floor, Salarpuria Emporium, 1199, 100 Feet Rd, Indiranagar, Bengaluru 560038. India.
- Services: Credit Card Bill Payment, Rewards & CRED Coins and Credit Score Monitoring
- Starting salary: 3.5 lakhs approx
- Company ratings: 4.1/5
15. CityMall
Co-founded in 2019 by Angad Kikla, Divij Goyal, and Naisheel Verdhan, CityMall is an innovative e-commerce platform based out of Gurgaon, Haryana. It aims to make differences in the online shopping experience for consumers within local communities through offerings in various sectors of consumer goods and lifestyle. The company has a dedicated workforce of 101 to 250 employees and is working towards making a community-centric experience in shopping, focusing on convenience and affordability for shoppers.
CityMall successfully raised $37,100,000 through 5 funding rounds, attracting the investments of a diverse group of 14 investors including reputable firms such as General Catalyst, Venture Catalysts, LetsVenture, Accel, and SAIF Partners.
This strong financing vote manifests not only investors’ confidence in the vision and business model for CityMall but also their desire to position the company for growth and expansion, locally and beyond, to revolutionize the way people shop online, being able to transform consumers into integral parts of their communities while streamlining access to essential products.
- Founders: Angad Kikla, Divij Goyal, and Naisheel Verdhan
- Founded in: 2019
- Headquarters: Gurgaon, Haryana.
- Primary industry: Shopping malls
- Fundings: $37,100,000(General Catalyst, Venture Catalysts, LetsVenture, Accel, and SAIF Partners)
- Number of employees: 101 to 250
- Address: 4th floor, venture X, landmark Cyber Park, Sector 67, Gurugram, Haryana 122102, India.
- Services: Community-Based Shopping, Mobile App and Sustainability Initiatives
- Starting salary: 14.5 lakhs approx
- Company ratings: 3.1/5
Also Read: When starting a startup, securing adequate funding is crucial. For a comprehensive guide on startup business loans, check out our blog post
Ending Note
Notable India’s Startup Companies like Urban Company, Paytm, Razorpay, and Ola are pioneering innovations in their respective domains, while newer players such as Classplus, Apna, and CRED are rapidly gaining traction with their unique solutions. These companies are supported by significant funding from global and domestic investors, indicating strong growth potential and a positive outlook for future scalability.
The ecosystem fosters a collaborative environment where start-ups thrive, driving change across industries and solidifying India’s position as a global leader in the start-up space.
Startup companies in India are transforming various sectors through innovative solutions, propelled by technology, and backed by substantial investor confidence. The nation’s supportive environment ensures endless possibilities for budding entrepreneurs, making it an exciting time to be part of this dynamic landscape.
FAQs regarding start-ups in India
1. How do I get funds for my start-up in India?
Sources of funding can range from venture capital firms and angel investors to government schemes and crowdfunding, or even bootstrapping funds from one’s savings.
2. What are some of the key challenges that Indian start-ups have to look at?
Most Indian start-ups face the critical challenges of high competition, regulatory hurdles, accessing funding, and finding the right talent.
3. Do I need a formal business plan for a start-up?
Formal business planning is not strictly necessary but impacts the workings of making things clear to the related stakeholders, such as investors and guiding your operations.
4. Which sector is currently booming for Indian startups?
The boom sectors in India include fintech, e-commerce, tech, health tech, and food tech as demand increases consumers with technological advances.
