Top 30 Successful Startups of India In 2024 

Rapidly growing startups are becoming India’s leading identities to make it a global hub in the entrepreneurial ecosystem. As estimated by NASSCOM, the country ranked as the 3rd largest startup hub across the globe with over 50,000 Cos in 2018 and increasing further. The compound annual growth rate at the bridge funding stage for startups is estimated to be around 82% for 2022. 

The number of tech start-ups is expected to jump from 68,000 in 2023 to 1.8 lakh in 2030. Coming into 2024, Indian startups are changing industries in fintech, health tech, e-commerce, and more, coming up with new ideas at the forefront of innovation and economic growth. 

Top 30 successful startups in India are leading the Indian market, innovation, and impact.

1. Ola (Instant Cab Services Anytime, Anywhere)

Ola is the largest, most trustworthy, and a successful online cab service provider and electric scooters to individuals. As of 2024 over 6,00,000 fleet (cars are) registered in Ola through an online cab service provider. In 2010, Bhavish Aggarwal and Ankit Bahti co-founded the company through which the company became one of the most successful startups. This startup became a unicorn in 2011. In a few years, the company launched its Ola scooter and raised $4.73 billion till date.

2. Rapido (Reliable Online Bike/Scooter Services)

Rapido is the largest bike taxi platform, offering intra-city bike rides in over 100 cities. Rapido’s motto focuses on cost-effective transportation solutions to cater to daily commuters. Apart from this, the company expanded its product offerings, including bike and scooter rentals at various locations where users access a host of choices. This expansion has even further cemented Rapido’s position as a go-to platform for convenient and budget-friendly mobility options.

3. Zomato( Order Food At Your Place Anytime, Anywhere From Your Favourite Restaurant )

Zomato is India’s leading food delivery services aggregator. In 2008, Deepinder Goyal and Pankaj Chaddah founded the company and raised over $3.59B in funding. Zomato has food delivery platform utmost all over India. With over 4440 employees Zomato provides food delivery instantly and its user-friendly platform attracts foodies.

4. Swiggy(Get Food And Grocery At Your Place )

Swiggy, founded in 2014, is one of India’s biggest food delivery platforms with its headquarters located in Bangalore. Swiggy currently caters to over 500 cities with access to a large network of over a thousand restaurants. Services range from ordering food to grocery delivery and even transportation of packages. Known for speedy delivery with real-time tracking and contactless delivery, Swiggy has transformed food delivery to meet the needs of customers with the utmost convenience

5. Cred(Pay Your Credit Card Bills with Ease)

CRED is an Indian fintech company established in 2018 by entrepreneur Kunal Shah, whose prior venture was FreeCharge. It is headquartered in Bangalore and rewards users for credit card bill payments on or before the due date by offering exclusive perks, discounts, and offers. With a user base of over 10 million, CRED makes financial management and credit score improvement seamless and secure, with a revolutionized way in which users interact with their finances.

6. Boat (Offering Wearables At Less Price)

Boat is a popular consumer audio lifestyle brand offering headphones, wireless headsets, portable speakers, and home audio systems. The brand addresses its global community of “boAtheads,” delivering quality, fashionable audio solutions to music lovers around the world.

7. PharmEasy(Transforming The Healthcare Sector)

PharmEasy, established in 2015 by pharmacists Dhaval Shah and Dharmil Sheth in Mumbai, will facilitate healthcare and medications for patients. Competing with another online pharmacy named Netmeds, PharmEasy caters to the delivery of medicines and diagnostic tests among other services. 

With a user base of over one million, the company has gained substantial momentum and the favor of investors like Sequoia Capital, Orios Venture Partners, and InnoVen Capital. Known for easy functionality, PharmEasy comes in at number eight in India’s list of top start-ups to transform healthcare accessibility across the country.

8. Nykaa(Best Beauty Products For All )

Nykaa is an Indian e-commerce firm, focused on beauty, fashion products, and wellness which was founded by Falguni Nayar in the year 2012. Falguni Nayar is the founder, executive chairperson, managing director, and CEO of Nykaa. She wanted Nykaa to be a one-stop shop for all beauty and wellness necessities, filling the gaps she found in India’s cosmetics market.

9. UnAcademy (Transformed The Way of Learning)

Unacademy is the largest online learning platform in India, providing students with unlimited access to structured courses, live classes, test series, and doubt-clearing sessions. With more than 100 subjects, resources, and batch courses the facility allows learners to study according to their comfort and comfort in the comfort of their own homes. The comprehensive education offers help students succeed in their careers is a big deal for such students.

10. Urban Company (Get The Essential Services Just In A Click)

Urban Company is the earlier name for UrbanClap, a company provides a range of expert local services in the fields of beauty, cleaning, repair, and home services. It makes it easy to connect with trusted professionals in one’s locality for home cleaning, beauty treatments, and repair services. All the professionals are skilled and verified in delivering quality service for personal grooming and household products. When consumers find it easy to access good services in the comfort of their homes through Urban Company.

11. Curefit (Go-to Platform For Fitness Freaks)

CureFit is a healthy holistic fitness company encompasses not only digital wellness experience but also offline. It incorporates exercises, nutrition, and even mental well-being services which range from group exercise and gym sessions to sports activities like swimming, badminton, and much more. CureFit brings people’s fitness closer to and even more enjoyable, enabling fitness to be more easily accomplished through personal plans make one’s journey easier under proper guidance.

12. Licious (Get Fresh & Hygienic Non-Veg Products At Your Home)

Licious is an online marketplace enables customers to place orders for fresh, high-quality meat products from the comfort of their homes. Established in 2015 by Vivek Gupta and Abhay Hanjura, Licious provides a comprehensive range of products such as chicken, fish, prawns, and mutton, ensuring 100% freshness and hygienic standards. With premium sourcing, strict hygiene standards, and timely delivery, customers can easily order through the Licious website or mobile app. The company became a leading name in India’s online meat delivery space.

13. PolicyBazaar (Avoid Queue, Get All Insurance Services In Your Device)

Policybazaar is an online insurance marketplace with the highest position in India. In 2011, It was founded by Yashish Dahiya and Alok Bansal. Policybazaar acquired over $ 854 million in funding, and through it, offers numerous insurance products help clients compare and select the most appropriate policies. The company has turned out to be one of the trusted platforms simplifying the insurance buying process in India.

14. Oyo Rooms (Get The Stay Services In Affordable Price)

OYO Rooms is India’s leading hotel chain with over 10,000 partner hotels in 230 cities. Established in 2013 by Ritesh Agarwal, OYO provides standardized AC rooms equipped with the facility breakfast, LED TV, Wi-Fi, and hygiene-maintained toilets, making the guests stay safe and hygienic. The firm has raised more than $500 million in funding and expanded its business to change the budget hospitality industry.

15. Sugar Cosmatic (Consme Exceptional Quality Of Beauty Products)

Sugar Cosmetics is an elite beauty brand founded in the year 2015 by Kaushik Mukherjee and Vineeta Singh. It boasts a reputation for premium make-up products for the face, eyes, and lips. Sugar Cosmetics celebrates its innovative formulations and on-trend collections. To cater to diverse makeup needs and preferences, the company offers a wide range of its beauty products. Customers shop through its official website or even through platforms like Nykaa. Empowering women has been its core agenda, and with such a theme, Sugar Cosmetics is a go-to beauty brand in India.

16. CarDekho (Fulfilling Dreams Of Car Lovers)

CarDekho is India’s online automobile marketplace, founded by Amit Jain and Rajesh Jain in the year 2008. The website provides ample numbers of new and used cars so customers can easily get a car of their choice. With more than $390 million in funding, CarDekho is a trusted website for car buyers and sellers to understand, compare, and find financing options.

17. BigBasket (Get All The Grocery Products In 10 Minutes)

BigBasket is India’s top online grocery delivery service. It offers more than 18,000 products through its platform. The company was founded in 2011 by Sachin Bansal and Binny Bansal, who are unrelated brothers.

BigBasket has transformed grocery shopping since its inception with convenient online delivery options. With over $1.3 billion in funding, BigBasket has been a household name allows customers to shop for a wide range of groceries, fresh produce, and essentials from the comfort of home

18. MakeMyTrip (MMT)- Book Travel to Your Dream Destinations

MakeMyTrip is one of the top online travel enterprises in India. Founded by Deep Kalra in the year 2000, the company offers wide travel services, including flights, hotels, holiday packages, and bus services. Its user-friendly platform earned it one of the top positions among India’s most trusted travel brands, making planning easy for travelers and offering the best competitive prices for both domestic and international travel.

19.LensKart (Eyewears At Affordable Price)

Lenskart is a leading eyewear company in India founded by Peyush Bansal, Amit Chaudhary, and Sanjay Koul in 2010. It offers a wide variety of eyeglasses, sunglasses, and contact lenses online and in stores. Its innovative virtual try-on technology has transformed eyewear shopping, providing affordable and stylish options with customer convenience and quality at the core.

20. Delhivery (Delivering The Parcel At Your Place )

Delhivery is an Indian logistics and supply chain company headquartered in Gurugram. Founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, and Suraj Saharan, the company offers a plethora of services, such as express parcel delivery, warehousing, cross-border logistics, and fulfillment. Over time, Delhivery emerged as one of the key players in India’s logistics sector, recognized for its efficient supply chain solutions.

21. 1mg (Get Medical Consummables And Medicine At your Place)

1mg is an online pharmacy in India, offering a wide variety of prescription and over-the-counter medicines and medical consumables. Medicines can be ordered on the 1mg website or mobile app, and the order is delivered to more than cities in India at amazing discounts. The application features options such as same and next-day delivery, so access to medicines and health products is quick for the user.

22. Zepto (Transforming The Grocery Market, Get Everything In 10Min.)

Zepto is an Indian online grocery delivery service established in 2020 by Aadit Palicha and Kaivalya Vohra. The company is known for its ability to deliver groceries in as little as 10 minutes with a diverse selection of items such as fresh produce, snacks, and household essentials. Rapidly it is becoming popular due to its quick, efficient, and customer-oriented delivery service.

23. OneCard (Get Hassle-Free Credit Card Service)

OneCard, a fintech firm based out of Pune, has recently raised around $100 mn in funding, which brings it into the unicorn club with a valuation of around $1.25 billion.

This lifetime-free metal credit card is perfect for first-time users as it gives 5X rewards on the top 2 spending categories without limiting reward earnings to specific categories. It focuses on user control, transparency, and simplicity.

24. BluSmart Mobility (Offering Electric Cab Services)

BluSmart is pioneering the first all-electric ride-hailing service in India, providing sustainable and reliable transportation options in urban settings. Its mission is to transform Indian cities with entirely electric travel choices for a greener environment.

25. BharatPe (Transforming The Digital Payment Method)

BharatPe is an Indian fintech company focused on providing digital payment and financial services to small merchants and grocery stores. Founded in 2018, BharatPe has developed a solid fintech platform focused on the needs of offline merchants and small businesses delivers a wide range of services suited to their needs.

26. Paytm (Your Go-To Platform For Online Payments )

Paytm, founded in 2010 by Vijay Shekhar Sharma, has become a well-known digital payment platform in India. It disrupts the online payment landscape by providing smooth transactions for services such as mobile recharges, bill payments, and e-commerce.

With a valuation of over $16 billion, Paytm has attracted huge investments from major players such as SoftBank and Alibaba. Its intuitive interface and secure payment methods gave it a reputation as a reliable platform, which contributed significantly to the rise of cashless transactions.

27. Razorpay (A Secure Platform For All Banking Services)

Preferred for businesses in India, this offers a smooth platform for carrying out online transactions. Later, it expanded to create RazorpayX for offering banking services and Razorpay Capital for financing business opportunities. The product line in their offerings is created specifically considering the needs of startup, SME, and enterprise-level companies.

28. Groww (Changed The Trading Methods)

Groww is an Indian investing platform, founded in the year 2016, by Lalit Keshre, Harsh Jain, and Ishan Bansal. Initially focusing its services on mutual fund investing, Groww has increased its portfolio to include equity, ETFs, as well as digital gold for investment.

The company comes with an easy-to-navigate interface to provide smooth online transactions for fresh investors. Groww is one of the key instruments making investing a broader reach for larger sections of Indians.

29. Meesho (Platform Offering A Wide Range Of Clothes In Affordable Prices)

Meesho is a social commerce platform for India founded in 2015 by Vidit Aatrey and Sanjeev Barnwal. It enables people, mainly resellers, to launch online business with less capital. Meesho has changed payment methods by introducing cash-on-delivery options without hassles and integrating smooth digital payment gateways to encourage growth of e-commerce in India.

30. DigitInsurance (Get Transparent Insurance Services )

Digit Insurance, which was founded by Kamesh Goyal in 2017, is an Indian insurtech company streamlines insurance processes through technology. By focusing on transparency, easy claims, and user-friendly digital interfaces, Digit transformed the online payment experience in insurance, enabling hassle-free policy purchases and instant premium payments via digital platforms

Sum-up 

Top 30 Successful Startups in India in 2024 embody the diversity and potential of the Indian entrepreneurial ecosystem, disrupting industries through ways and finding innovative solutions paving the pathway for a future Indian economy. They represent fintech, e-commerce, health tech, and electric mobility, among other sectors, continuously fostering growth, creating jobs, and solving real world problems. Their journeys combine value and inspiration to the next generation of entrepreneurs, who now understand how innovation and resilience is the key.

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