Today, Startup is a hot cake in the Indian business market. In recent years, we have seen many Indian startups emerging successfully on various platforms. The government is making schemes for them, providing loans at a relatively lower interest rate, and biggies of the business world are investing their money in these startup ventures. With the advent of these startups, the Indian market has expanded to a great extent, and the population of the country is at the receiving end of their sweet efforts. So here we will discuss some of the famous and successful startup companies of India and their young business entrepreneurs.
Founders- Sachin Bansal and Binny Bansal
CEO- Kalyan Krishnamurthy
Flipkart is an e-commerce company, which was started by Sachin Bansal and Binny Bansal in 2007 in a one-room apartment in Bangalore. Both of them left their jobs at Amazon to start up their venture. They started Flipkart by selling books online, and now it has expanded to various categories such as apparels, electronics, furnishing items, etc. Just within a decade, Flipkart has reached the ladder of top 10 e-commerce companies in the world.
Founders- Kunal Bahl and Rohit Bansal
CEO- Kunal Bahl
Headquarters- New Delhi
Snapdeal was the brainchild of Kunal Bahl and Rohit Bansal. They started it in 2010 as a daily deals platform and expanded in 2011 as an online e-commerce website. Presently, Snapdeal has over 30 million products and catering to millions of buyers across the country. It has a huge list of investors that includes Alibaba Group, Intel Capital, SoftBank Corp, Nexus Ventures, etc.
Founder and CEO- Vijay Shekhar Sharma
Paytm is an online recharge and e-commerce website launched by Vijay Shekhar Sharma in 2010. Millions of people use the Paytm application for mobile recharge, booking tickets online, buying movie tickets, paying utility bills, etc. After the demonetization drive in India Paytm wallet was highly used by people to carry out their day-to-day transactions at shops, restaurants, etc. It was the first Indian company to receive funding from Alibaba, a popular Chinese e-commerce company and Indian industrialist Ratan Tata has also made a personal investment in the firm.
Founders- Bhavish Aggarwal and Ankit Bhati
CEO- Bhavish Aggarwal
Ola Cabs is the online transportation company of India, founded by Bhavish Aggarwal and Ankit Bhati in 2010. Currently, it has a network of more than 2 lakh cars across 100 cities. Ola auto services are also available in metro cities like Delhi, Pune, Chennai, Hyderabad, Kolkata, etc. The cars or autos are booked through a mobile app, and the payment method is available in both cash and cashless options. Ola provides the different type of car services ranging from mini, micro, prime to luxury and also offers outstation cab rental services. Ola has completely revolutionized the cab hiring services across the country.
Founders- Pranay Chulet and Jiby Thomas
Quikr is an online classified advertising platform founded by Pranay Chulet and Jiby Thomas in the year 2008. This platform allows the user to buy and sell goods and services from each other. Quikr started its operation from the year 2008 and observed a regular growth with each passing year. In the founding year of the company, it raised an amount equal to the US $3 million and in just five years of successful run the company saw a phenomenal growth and raised it to the US $350 Million.