Yes. Start-up is the new buzzword in today’s world. Generally, the start-ups face more challenges than other entrepreneurial ventures simply because they are working on bringing a unique idea or services or some first-time thing into the market. From arranging finance for the unique idea to attracting and retaining talent to building their team to using technology and then adhering to regulatory requirements; there are so many challenges that the start-up founder faces every day. Sounds discouraging?
Well, let’s look at the sunny-side-up Start-up culture is thriving in new India and there are more amenities than ever to support the start-ups like co-working space, mentoring programmes, government incentives and support from innovation hubs. In Last few years, some of Indian start-ups have proved their mettle all across the world and inspired thousands of catalytic minds to create their own start-up. Take a look -
Top 7 Startups in India with High Growth
1. The Giant Grocery Startup with World Wide Investors: BIG BASKET
Amid COVID-19, big basket has recorded 84% jump in new customers. It is one of the biggest giant grocery start-ups in India that has succeeded in raising a fund of over 885 million dollars till now.
Co-founded by Hari Menon, this grocery store has tasted success because of the multitude of products it offers under one umbrella.
2. Educational Hit BYJU’S
Founded by Byju Raveendran, this education app allows students all over to study online and clear their doubts from the comfort of their home from the teachers available on Byju’s.
It is said that the start-up has crossed 5 billion dollars mark with increased paid users and is all set to attain a hike within the coming years.
3. Small Scale B2B Startup Making Noise: UDAAN
There are numerous Small and medium enterprises in India, and Udaan is one of them that needs to be watched out for the remarkable growth it has achieved in the last year. It was founded in the year 2016 and offers a strong platform for sellers and various brands to showcase their products and earn a deal from potential customer’s nationwide.
It crossed the 869-million-dollar mark in 2020 and is predicted to gain a hike on the coming year.
4. Fitness Bang With CURE.FIT
Founded by Mukesh Bansal and an ex Flipkart employee Ankit Nagori, Cure.fit offers its customers a way to stay healthy and have peace of mind. Not only does it broadcast meditation, mental wellness and fitness classes but also delivers healthy foods that can help stay one healthy. It also offers holistic support and has raised nearly Rs 832 crore in fresh funding round last year. Spreading its roots in new cities.
5. A Concept Based Startup To Bring Out Small Vendors: MEESHO
Meesho is the top reseller app that is trending in India with its headquarters in Bangalore. It was founded by two IITians Sanjeev Barnwal and Vidit Atrey in the year 2015 and has given various businesses and individuals to make some extra money from the comfort of their home.
Meesho raised nearly $220 million in the last five years and is geared up to raise the bar owing to the ‘earn from home’ concept they have used that allows any user to sell products of other businesses and get a cut in their account.
6. The Big Giant SaaS Based Startup by Vijay Shekhar: PAYTM
Paytm is one such company that has opened a gateway for making instant payments to adhere to the digital India plan.
Founded in the year 2010 by Vijay Shekhar, it is one of the top trending payment apps to watch which has crossed the 16 billion mark till now. The app is all set to watch out for a continuous growth with more and more people taking a switch to online payment methods.
7. Who Doesn’t Know About A Cab Service and its Practical Model: OLA
Ola has attained the second spot of the highest funded startup. The group has made continuous alterations and have move ahead just cabs, to Ola rentals, Ola auto and even Ola bike.
Founded by Bhavish Agrawal, Ola has facilitated its users to get instant cabs anytime and anywhere within the Ola network.
So while you are fascinated by these success stories, don’t fail to notice the amount of hard work and dedication that one puts into to achieve success.
What makes a startup success is 100% dedication, 100% risks and 100% innovation to provide products and services in an all new way. So what kind of growth avenues can be expected in the future for the startups?
Is there any sustainable model for startups, young entrepreneurs and small scale companies to explore networking opportunities at large scale?
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