India's Top 10 Startups

What are Startups? In a literal sense, Startups are companies, ventures, or services, introduced into the market founded by a group of people or a single person. It is a form of entrepreneurship. Some startups grow into successful businesses, while others fail to succeed.

There are different stages to go through while building a Startup. The Government of India and the 'Department for Promotion of Industry and Internal Trade' have provided a Startup Guidebook as a part of the "#StartupIndia" Project. It enables young entrepreneurs to start their startups and develop them efficiently.

The guide includes all the details to be followed while setting up an innovative startup, such as Investor Engagement, Startup Ecosystem, Company Registration, Business in India, Innovation, and Business and Legal Considerations for a Startup.

Though Startups have been there for many years, this term has become more commonly used in the 21st century. Ideas, partnerships, Mentoring, Capital, Investors, and funding play a massive role in building a startup. So, it is considered one of the most challenging projects with high-risk factors.

India has produced some of the best Startups and great companies that tasted success and gained huge profits over the decade. Though there were numerous startup companies and budding businesses, some notable startups went on to be ranked as the highest-grossing ventures and became unicorn startups during these ten years. But students from IITs and NITs who build these companies or startups can be considered the icing on the cake!

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Here are the Top 10 Startups of the Decade by IITians and NITians who defined the saying, "Rags to Riches".

Meesho

This e-commerce website was started in 2015 by a group of IIT Delhi graduates, Vidit Aatrey, Bhaunik Gondaliya, and Sanjeev Barnwal.

The web-based commercial centre interfaces small and miniature entrepreneurs with clients using web-based media destinations like WhatsApp, Facebook, and Instagram. In recent years, it accomplished striking development. This year, it was the only fifth Indian startup in history to join the selective Unicorn club. They named their business Meesho, which is short for ' My Shop.'

Generally, it permits organizations to draw in clients, foster a brand personality and sell items web-based utilizing the force of web-based media, including Facebook, Whatsapp, and Instagram. The website and the application have garnered much attention for their idea of empowering women to start their businesses and providing opportunities to homemakers. Since its dispatch, it has developed sensationally and positions as India's most well-known internet-based commercial centre for affiliates.

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Unacademy

Unacademy is an Edtech organization set up in 2015. The organization had its beginnings as a Youtube channel made by Gaurav Munjal. Later, in 2015, it was developed into an educational company with the help of Hemesh Singh and MNNIT (Motilal Nehru Institute of Technology in engineering), Allahabad graduate, and Roman Saini. Later on, they established themselves as an instruction institute in Bengaluru. A

The organization entered the Unicorn club in September 2020 after it raised $150 million from Softbank and other existing financial backers. Unacademy is a web-based stage that simplifies learning and instruction with its instructive recordings and talks. First, it was established in 2010 with recordings in real-time on YouTube; however, it formally got dispatched in 2015. The idea of gaining from the solace of home at a lot lesser charge makes these applications an incredibly alluring suggestion for understudies.

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Taxi for Sure

Radhakrishna and Raghunandan G, both IIM-Ahmedabad graduates, dispatched Taxiforsure in 2011 as a web-based stage through which customers can lease taxis. Aprameya Radhakrishna, who studied at NIT Surathkal, worked as a cab aggregator. The organization has joined forces with around 25 taxi administrators in Bangalore and about 15 in Delhi, including marked administrators like Mega Cabs and Cell Cabs. It is said to have arrived at functional productivity in Bangalore and has likewise done its marking on around 550 taxis that little nearby administrators work.

Everything began on 'in-a-bar', 'on-the-tissue-paper' evenings. The two of them were disappointed that each time they needed to travel and required a taxi, they needed to call a few administrators for the promise that they would get a taxi at some point in a few hours, but there was never any assurance. Their plan to turn into a taxi aggregator has turned into a reality, they call it TaxiForSure, and they endeavour to help any individual who needs transportation.

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Delhivery

Delhivery is one of India\'s most effective delivery, e-commerce, and logistics companies founded in the year 2011. Sahil Barua, an NIT Karnataka graduate, is the CEO and co-founder of the company along with Bhavesh Manglani, Kapil Bharati, Suraj Saharan, and Mohit Tandon. The delivery services are known as the "Backbone of the Logistics Industry" - The mainstay of the Indian internet business industry.

Delhivery is driving definitively to being an immense pledge drive for the business. It offers a complete set-up of administrations. For example, last-mile conveyance, outsider and travel warehousing, turnaround coordination, instalment assortment, seller-to-distribution centre, and merchant-to-client transporting, and that\'s just the beginning. Delhivery turned into a Unicorn in 2019 when it brought $413 million in a round led by SoftBank Vision Fund, Carlyle Group, and Fosun International. Delhivery current evaluation stands around $3 Bn.

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Flipkart

Sachin Bansal and Binny Bansal established Flipkart. As 2005 alumni from IIT Delhi, both were formally presented to the retail area while working at Amazon. The two met in the work environment and investigated their typical premium in adjusting to India's internet business industry. Flipkart is among India\'s prevailing online business stages.

It began in October 2007 with its base camp dwelling in Bengaluru. Established by Sachin Bansal and Binny Bansal, the web-based endeavour had started as a web-based book shop; however, as the company's acclaim raised, it developed and extended its branches.

With web-based business continuously excelling in the retail chain and accumulating its force in India, Flipkart extended rapidly, consistently enhancing different new classifications in its assortment. The organization works with more than 80 million+ items across the scope of more than 80 classes, from cell phones and embellishments, PCs, books and digital books, home machines, electronic merchandise, garments and extras, sports and wellness, child care, games, and toys, gems, footwear, etc.

It prompted both to stop their positions at Amazon in 2007, deciding to make a comparative internet business organization. Moreover, the two wished to offer Indians an internet-based store made in India, which prompted the creation of what we as a whole currently know as Flipkart.

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Ola

OLA is an organization that needs no introduction. One of the top travel organizations in the service sector. Some individuals don't have vehicles or have just a single car in their homes. Therefore, India needed to confront plenty of challenges throughout its travels. Individuals or large groups can only sometimes go by public transport for several reasons, including heavy traffic or emergencies or not being an occupant in a specific city. Hence, Ola Cab is the ideal choice.

The two IIT graduates, Bhavesh Agarwal and Ankit Bhati, who have encountered this issue, have gone through this exhaustively and presented the Ola taxi. It was the first taxi that offered customers benefits and advancements in Taxi services.

Presented in 2010, individuals began preferring their administrations because of their practical value. Ola is India\'s local ride-hailing application that occupied around 60% (starting in 2014) of India with customers across 100 urban communities and 15 lakh driver-accessories. Ola originated from the Spanish word "Hola", which says \"Hi\". Along these lines, the proprietors say that their administrations are simple and charitable.

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Zomato

Is there any person who doesn't love food, has a good appetite and craves different dishes? Well, No, and we love to taste and develop a need for good food. For authentic, exotic, and delicious food, we search and search and search but end up in vain.

Zomato has solved this problem by bringing our favourite dishes to our doorstep. It is an Indian food delivery organization established by Deepinder Goyal, Pankaj Chaddah, and Gunjan Patidar in 2008. Zomato gives data, menus, and client audits of cafés just as food conveyance choices from accomplice eateries in select urban areas. The service is accessible in 24 nations and more than 10,000 urban communities.

Deepinder Goyal and Pankaj Chaddah were IIT Delhi graduates. However, they got more familiar with one another while working at the firm Bain and Co. Together; they established Zomato, which now operates in 20 nations, utilizes more than 1,000 individuals, and has an expansion of 35 million happy customers every year month. Zomato\'s site or application permits clients to look for eateries by name, food, dish, and a few different categories. The site likewise fuses client audits, neighbourhood guides, and connections to top restaurants and outlets nearby.

Quikr

QUIKR made users turn into sellers and customers into buyers!! Quikr is an Indian internet-based commercial centre and order-promoting organization situated in Bangalore. Quikr has postings in more than 1000 urban areas in India in classifications like cell phones, family merchandise, vehicles, land, occupations, administrations, and training. Pranay Chulet and Jiby Thomas established it in 2008.

Quikr is a free classified and online commercial centre that assists clients with selling, purchasing, leasing or finding anything across India. So local area individuals can go to their site to find a condo to live in, to sell their old vehicle, bicycle, music framework, PC or even furniture. They can advance their independent company, find an educational cost class or get a break as a model or entertainer, join a salsa class, or purchase anything.

Before long, a Mumbai-based web firm, Quikr, turned into India\'s driving, selling, and buying stage, i.e., purchasing and selling utilized merchandise. It is utilized by more than 30 million remarkable clients a month, is available in 1,000 urban communities in India, and works in more than ten classifications incorporating cell phones, family merchandise, vehicles, land, occupations, administrations, and training.

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Snapdeal

Initially, Snapdeal (then, at that point, known as Jasper Infotech) wasn't an online business organization in 2008. Besides, it wasn't so much a web adventure at that point. Rohit Bansal and Kunal Bahl established the organization with the vision of changing rebate couponing (to dispose of overabundant stock) for retailers in India, and their first item was a coupon booklet. The duo had shared a seat during their days in Delhi Public School, and both held renowned degrees (Kunal had worked in administration at Wharton School, and Rohit had procured his design from IIT Delhi).

But, shockingly (indeed, luckily, looking back) for the youthful business visionaries, the rebate couponing model didn't work out true to form. So they began changing their plan of action as frequently as it took until they got the right blend. From an organization that sold rebate coupons, disconnected and afterwards on the web, they changed to build a commercial centre-based business organization called Snapdeal in 2010.

There has been no thinking back since, as Kunal and Rohit have resolutely developed it into one of India's biggest online business commercial centres. Snapdeal\'s dealers\' organization incorporates more than 50,000 shippers/brands, and its clients come from more than 4,000 urban areas and towns across India.

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SHOPCLUES

ShopClues is an Indian web-based commercial centre claimed by Clues Network Pvt. Ltd. It was set up in July 2011 in Silicon Valley by Sanjay Sethi, Sandeep Aggarwal, and Radhika Aggarwal. Situated in Gurgaon, India, the organization professes to have more than 600,000 dealers and 28 million items on its foundation, serving more than 32,000 pin codes all over the nation.

ShopClues is a commercial centre to build an association among purchasers and vendors in an oversaw climate. It offers worldwide and homemade brands and numerous internet-based stores from brands or retailers across different posting classifications.

The company gives conveyance offices, a thorough trader endorsement process, and a safe internet-based stage for disconnected vendors. ShopClues was the 35th organization to enter the Indian E-trade market. Begun its activities in 2011 today, Shopclues has around 700 representatives across various areas in the nation and settled in Gurgaon.

The organization's internet shopping stage improves the shopping experience by highlighting the scope of items, including attire, hardware, devices, kitchen machines, extras, and home style. They also offer numerous instalment choices like money down and so forth, empowering clients to impart their favourite items to companions through WhatsApp and Facebook and get notices for arrangements, offers, and coupons.

The ShopClues logo addresses the two fortifications of the brand ‐ completeness and trust while bringing a contemporary, less complex, and more grounded energy to the brand. It propagates the picture as the most available web-based shopping accomplice for the people of India.

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CONCLUSION

They say that 'Hard work is the Key to Success, 'Creativity' is the key to success in the Startup world. Of course, startups gradually develop. It takes a lot of time and effort for a startup to become a small business and from a small business to a chain of companies or massive enterprises, and the first step in creating and building such startups is to have a clear idea, vision, and plan. These popular Startups are the best examples of successful entrepreneurs and show that a person can achieve great things when he dreams of achieving them and creating a new world.

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