In this article, we are going to discuss Indian Startup Companies for analyzing their business model to start your startup. You must learn by examining this startup case study and business model to grow your business.
Let’s have a look at these top Indian startup companies:
1.Wow! Momo
Wow! Momo is an Indian startup company founded in 2008 by Sagar Daryani and Binod Homagai, both are alumni of St. Xavier’s College of Kolkata.
This Indian startup is a chain of fast food, as of October 2018 this Indian startup has more than 200 outlets in 13 cities.
Kolkata based Wow! Momo recently raised a fund of Rs.130cr from Tiger Management’s Investment. Wow! Momo has generated Rs.130cr of revenue in FY17-18.
Industries: Food and Beverage, Food Delivery
Headquarters: Kolkata, West Bengal, India
Founded In: 2008
Number Of Employees: 251-500
Legal Name: Wow! Momo Foods Pvt. Ltd.
Number Of Funding Rounds: 4
Investors Name: Tiger Global Management, William Bissell, Indian Angel Network, Lighthouse Funds, Nitin Singhal.
2. Ola Cabs
Indian ride-hailing startup was founded on 3 December 2010 by Ankit Bhati and Bhavish Aggrawal.
This Bengaluru based Indian Startup company was developed by ANI Technologies Pvt. Ltd. Ola Cabs has expanded network of 15 lakh drives across 250 cities India, Australia, New Zealand, and the UK.
Ola app offers to connect drivers and customer to provide ride-hailing services with a wide range of vehicle across bikes, rickshaws, metered taxi, cabs etc.
Industries: Ride-Hailing, Apps, Internet, Transportation
Headquarter: Kormangala, Karnataka, India
Founded on: December 3, 2010
Founder: Ankit Bhati, Bhavish Aggarwal
Total Funding Amount: $3.8B in 25 funding round
Recent Lead Investor: ARK Ola Pre IPO Private Investment Trust
Number Of Employees: 5001-10,000
Legal Name: ANI Technologies Private Limited
Last Funding Type: Series J
Also Known As: Olacabs.com, Ola Cabs, Olacabs, ANI Technologies
Hub Tag: Unicorn
Some Investor Of Ola: ARK Ola Pre IPO Private Investment Trust, Hussam Khoury, DIG Investment, Samih Toukan, Deshe Holdings, Kia Motors, Hyundai Motor Company, Sachin Bansal, Raymond S Cahnman, Tina Price.
3. AddressHealth
This Indian Startup Company was founded in 2010 with the aims of changing the way child healthcare is practised. Till March 2020 this healthcare startup is a partner of 200 schools that are a presence in multiple cities. Address health works for healthy and happy children.
Industries: Child Care, Health Care, Medical
Headquarter: Banglore
Founded In: 2010
Founder: Anand Lakshman
Total Funding Amount: $1.5M In 2 round
Recent Investors: Gray Matters Capital and Unitus Ventures.
Number Of Employees: 11-50
4. Zomato
Zomato is a very popular Indian startup company in India. It is a food delivery startup started in 2008 by Deepinder Goyal and Pankaj Chaddah. Zomato is currently operating in 24 countries and more than 10,000 cities globally. According to Zomato, it has 100+ million monthly active foodies globally. You must study the Zomato business model to start your startup in delivery chain.
Industries: Food Delivery, Restaurants, Search Engine, Reservations, Information Services.
Headquarter: Gurgaon, Haryana, India
Founded In: 2008
Founder: Deepinder Goyal, Gaurav Gupta, Pankaj Chaddah
Total Funding Amount: $914.6M In 17 funding round
Recent Lead Investor: Baillie Gifford and funded
Recent Funding Amount: $5M
Number Of Employees: 5,000-10,000
Legal Name: Zomato™ Media Pvt Ltd.
Last Funding Type: Series J April 6, 2020
Hub Tag: Unicorn
Some Investor Of Zomato: Baillie Gifford, Ant Financial, Delivery Hero, Shunwei Capital, Saturn Shine Steam Detailing, Glade Brook Capital Partners ETC.
5. Paytm
This Indian startup company founded in August 2010 by Vijay Shekhar Sharma and Akshay Khanna. Paytm means pay through mobile and it is Noida base Indian e-payment startup.
Paytm e-payment app is available in 11 Indian languages and offers use-cases like DTH recharge, bill payment, travel, movies booking, event booking, e-commerce as well as you can use Paytm to make payment at grocery stores, fruit shops, vegetable shops, Tea shop, parking, tolls and many more.
Industries: E-payment, Mobile App, Finance, Internet, E-commerce.
Headquarter: Noida, Uttar Pradesh, India
Founded on: 1st Jan 2010
Founder: Vijay Shekhar Sharma and Akshay Khanna
Total Funding Amount: $2,2B In 4 funding round
Number Of Employees: 500-1,000
Legal Name: Paytm
Also Known As Paytm E-commerce Pvt. Ltd., Paytm Payments Bank Pvt. Ltd.
Value: Till 2018, Paytm’s value was $10 billion and Paytm is planning for launch It’s IPO IN 2022.
6.FreshToHome
FreshToHome is an online Indian Startup Company for selling fresh fish and meats directly from livestock farmers and fishermen. The aim of this Indian startup company is to supply fresh produce directly to the consumer by cutting out the middleman. FreshToHome was founded on 1st august 2015 by Shan Kadavil.
Industries: E-commerce platform, Food and Beverage, Food Delivery, Online Portals.
Headquarter: Banglore, Karnataka, India
Founded In: 2015
Founder: Shan Kadavil
Total Funding Amount: $31M In 6 funding round
Recent Lead Investor: Iran Pillar
Recent Funding Amount: $20M
Number Of Employees: 50-100
Legal Name: Freshtohome Foods Private Limited
IPO Status: Private
Last Funding: Aug 26, 2019, from a Series B round.
Some Investor Of FreshToHome: Iron Pillar, Joe Hirao, Kortschak Investment, L.P., Abdul Azeez Al-Ghurair, Das Capital, M&S Partners, SGH Capital etc.
7. FreshMenu
It is the Indian Startup Company of food delivery with the concept of food cooked and delivered to you within minutes. FreshMenu was founded in 2014 by Rashmi Daga and this Indian startup company is the best example for how to grow.
Industries: Food and Beverage, Food Delivery, Food Processing
Headquarter: Banglore, Karnataka, India
Founded In: 2014
Founder: Rashmi Daga
Total Funding Amount: $24.9M In 6 funding round
Recent Lead Investor: Iran Pillar
Recent Funding Amount: $500k
Number Of Employees: 500-1,000
Legal Name: FoodVista India Private Limited
IPO Status: Private
Last Funding: On 26 Aug, 2019
Some Investor Of FreshMenu: Lightspeed India Partners, Zodius Capital, Growth Story, InnvoVen Capital, Brand CapitaL etc.
8. Cure.Fit
Cure.Fit was founded by Mukesh Bansal and Ankit Nagori in 2016. This Indian startups company focus on fitness and well-being. Cure.Fit also launched it’s sportswear brand Cultsport.
Industries: Apps, Fitness, Health and Wellness
Headquarter: Banglore, Karnataka, India
Founded In: 2016
Founder: Mukesh Bansal, Ankit Nagori
Total Funding Amount: $404.6M In 9 funding round
Recent Lead Investor: Iran Pillar
Recent Funding Amount: $110M in series D round
Number Of Employees: 1000-5000
Legal Name: Diverse Retails Private Limited
IPO Status: Private
Last Funding: On 23 March 2020
Some Investor Of Cure.Fit: Temasek Holdings, Vistra ITCL, Ascent Capital, Castle Island, Julia Dhar, Epiq Capital, Unilever Ventures etc.
9. Razorpay
Razorpay is a fintech or payment Indian startup company that enables businesses, e-commerce, schools and other companies to accept and process the payment. Bangalore based company was founded in Dec 2014 by IIT Roorkee alumni.
Industries: Fintech, Software, Payments
Headquarter: Banglore, Karnataka, India
Founded In: 2014
Founder: Harshil Mathur, Shashank Kumar
Total Funding Amount: $124.7M In 6 funding round
Recent Funding Amount: $18M
Number Of Employees: 251-500
Legal Name: Razorpay, Inc.
IPO Status: Private
Last Funding: On 7 October, 2019
Some Investor Of Razorpay: Tiger Global Management, Sequoia Capital India, Ribbit Capital, Y Combinator, Matrix Partners, Mastercard.
10. DocTalk
India’s Startup Companies DocTalk provides software solutions for health care that helps doctor and patient to communicate easily. Mumbai based Indian startup company operates in India and founded by Akshat Goenka and Vamsee Chamakura in 2016.
Industries: Apps, Health Care, Medical
Headquarter: Mumbai, Maharastra, India
Founded In: Aug 2016
Founder: Akshat Goenka, Vamsee Chamakura
Total Funding Amount: $5M In 2 funding round
Number Of Employees: 51-100
Legal Name: DocTalk Solutions Inc.
IPO Status: Private
Last Funding: On 7 Nov, 2017
Some Investor Of DocTalk: Paul Bucheit, AltaIR Capital, Apoorva Patni, Y Combinator, Arihant Patni, Vy Capital, Matrix Partners, Khosla Ventures etc
Conclusion: If you are going to start your new startup so, you should analyse business model of this Indian Startup Companies for taking an idea of how this Indian company are expanding their business in Indian Market.