The technological capital of the country, Bangalore continues to lead the race when it comes to providing a platform for tech-driven innovation in the country.
The place has every element that was required to establish itself as the third best place for startups in the world – young talent, infrastructure, know-how, and a lot more. The startup ecosystem of Bangalore has changed the city.
Even the seeds of contributing factors such as the setting of well-known Tier I institutes, as well as government support, had something to do with it. What can’t be ignored is that the city’s readily available talent along with its millennial-friendly culture has turned it into a hub for startup development and growth.
Let’s look at some of the well-known companies of today that found their beginning as a startup in the city of Bangalore.
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Bangalore Startup List
Bangalore, also known as the Silicon Valley of India, is the global startup paradise of today. The increasing number of unicorns that find their feet daily in this tech city is growing every second.
Below are some of the popular companies of today that have taken the form of successful startups from Bangalore. In this article, we will also discuss their services and current trajectory of growth.
Groww is one of the most rapidly growing investment platforms in the country. It offers you a platform for investing in stocks, IPOs, mutual funds, and more. What makes Groww different from its predecessors as well as competitors is that it allows its 20 million+ user base to gain insight and knowledge through educational guides on investing and finance through its platform in the form of blogs, videos, and guides.
Founded In: April 2016
Founded by: Lalit Keshre (CEO), Harsh Jain, Neeraj Singh, and Ishan Bansal
Industry: Digital investment platform
Competitors: NSEindia, Screener, Moneycontrol
Swiggy is among the most favored on-demand delivery startups in the country. It brings food from your favorite restaurant to your doorstep in a matter of a few minutes. The company has expanded its services to presenting an online market for purchasing groceries and also allowing customers to avail of on-demand package delivery. The projection of growth for the company looks bright and favorable, especially given its recently acquired investment of $1.25 billion from Softbank Vision Fund.
Founded In: 2014
Founded by: Nandan Reddy, Rahul Jaimini, Sriharsha Majety,
Industry: Food-tech & Delivery
Competitors: Zomato, Uber Eats, DoorDash
Bigbasket is perhaps the largest e-grocery platform in the country currently and its roll of success is in no way slowing down in the future ahead, given its recent acquisition by Tata Group. This came at a $1.2 billion figure in return for a 65 percent stake in the company. Bigbasket is a supplier of groceries and household goods that gets delivered to your doorstep in your desired period. Its express delivery services are soon to reach more than 25 cities across the country.
Founded In: 2011
Founded by: Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Ramesh, and VS Sudhakar
Industry: Food-tech & Delivery
Competitors: Grofers, Freshtohome, Dunzo
BYJU‘s is the pioneer of Edu tech companies in India that have a wide customer base within the country as well as abroad. It has garnered investment from a wide range of countries and now has an international presence. Given its wide marketing campaign and global ambassador as well as an investor – Shah Rukh Khan, you must have heard its name by now. The platform offers classes, resources, and learning facilities to a wide range of students.
Founded In: 2011
Founded by: Byju Raveendran, Divya Gokulnath
Industry: Edtech & E-Learning
Competitors: Vedantu, Toppr, Khan Academy
Initially created as a YouTube channel, Unacademy soon found its success and rose to prominence across the country. It now has a valuation of $3.44 billion. The application specializes in providing educational material, teaching, and resources to students preparing for competitive exams online. There are 14 multi-language options available along with over 40 exam categories in the application. Unacademy currently has over six thousand educators providing their services to over 62 million students.
Founded In: 2015
Founded by: Gaurav Munjal, Hemesh Singh, Roman Saini, and Sachin Gupta
Competitors: BYJU’s, Toppr, Teachmint
To make e-Commerce accessible to every business, no matter how small, this startup turns the wheel and gives space to entrepreneurs, businessmen, and solo founders to market their products on the Meesho platform. To date, Meesho has helped over 15 million entrepreneurs in India start online businesses without spending any money. Whoever wishes to start their business venture online can get supply, logistics, as well as payments infrastructure through Meesho.
Founded In: 2016
Founded by: Vidit Atrey & Sanjeev Barnwal
Industry: e-Commerce & Fashion
Competitors: Glowroad, Limeroad, DealShare
Zivame is an online boutique and fashion store that specializes in selling women’s clothing. You will see a wide range of styles, fashions, and clothing choices on their website ranging from activewear, lingerie, pajamas, boxers, housecoats, and more. Since its inception, the startup grew to become loved by women all across the country offering clothes from over fifty brands, hundreds of sizes, and above five thousand styles. Recently, Zivame acquired an investment of $57.5 million in value from different sources.
Founded In: 2011
Founded by: Richa Kar and Kapil Karekar
Competitors: Clovia, Shyaway, PrettySecrets
The online investing industry in India is growing at a rapid pace, and one of the forerunners in this competition is Zerodha, an online retail brokerage platform. It offers a space to carry out trading services of mutual funds, commodities, bonds, and currencies. At present, about 15% percent of the total stock exchanges in India are done through this application. The company holds membership in several stock exchange bodies, similar to BSE, MCX, and more.
Founded In: 2010
Founded by: Nikhil Kamath, Nithin Kamath
Industry: Finance/Stock Exchanges
Competitors: Groww, ETMoney, Paytm Money
You must have seen the witty and one-of-a-kind advertisement campaigns of CRED once or twice on your television. CRED is a platform that allows its member-only user base to pay their credit card bills on time. In return, you get exciting exclusive rewards from premium brands for using the platform. The startup’s present valuation stands around $4.4 billion. This has been possible thanks to its Series E funding performance, where it raised $251 million in investment.
Founded In: 218
Founded by: Kunal Shah
Competitors: Orangepay, Verifi, DigiByte
Razorpay is one of the digital payment gateway apps that are dominating the neo-banking space in India. According to reports, it currently stands as the most valuable startup company in the country. This comes after the startup gained a Series F investment of $375 million from investors such as Lone Pine Capitals and others. SMEs and startups use RazorPay as well as a business banking suite that goes by the name of RazorPayX for its services widely which include transactions, salary transfers, and more.
Founded In: 2014
Founded by: Harshil Mathur, Shashank Kumar
Industry: Fintech, Payments
Competitors: PayU, PayPal, Paytm Business
Vedantu is an online learning platform that offers live online tutoring to K-12 students as well as assistance with online tests for students. There are classes available for children ranging from 3 to 18 years old. Along with that preparation for IIT-JEE, NEET, Commerce, CBSE, ICSE, and state board exams can also be done by Vedantu. The startup has recently raised an investment of $100 million in the Series E funding round.
Founded In: 2011
Founded by: Vamsi Krishna, Pulkit Jain, Anand Prakash, and Saurabh Saxena
Competitors: BYJU’s, upGrad, Meritnation
Practo is a healthcare platform specializing in connecting patients with their doctors, medical professionals, and healthcare providers. The app not only offers a space for this connectivity but it also allows patients to be well informed of their health, and make better decisions in regards to their body, mind, and overall well-being. On this app, you can get online consultations from doctors, book appointments with healthcare professionals, order medicines, and more.
Founded In: 2008
Founded by: Abhinav Lal and Shashank ND
Industry: Healthcare SaaS
Competitors: 1mg, Mfine, Ask Apollo
Zoomcar is a startup emerging from Bangalore that provides self-driving car rental to customers. Going on a trip to the countryside and don’t want to take public transport? You can rent vehicles from Zoomcar for a day or two. This gives you more independence, convenience, and fewer reasons to worry when you are going somewhere remote. You get charged on either an hourly basis or per day, the pricing comes down to your requirements.
Founded In: 2013
Founded by: Greg Moran and David Back
Industry: Car Rental
Competitors: Revv Cars, Drivezy, MylesCars
With MoneyTap, you get to avail of collateral-free credit, as in money when you are in need of it. There’s a limit to the credit amount you can issue, which currently stands at INR 5 lakh. For repayment purposes, you can choose from several options that are categorized according to time such as two, six, or thirty-six months. The app and startup were launched in Bangalore in partnership with several NBFCs, including RBL Bank.
Founded In: 2017
Founded by: Bala Parthasarathy, Kunal Varma, and Anuj Kacker
Competitors: StoneCo, PayLink, Honest Dollar
Dailyhunt is among the most popular platforms to get the news of the day. It aggregates recent happenings from all across the country and globe and comprises the information in a series of short news articles in 14 different local languages. You get to stay up to date on recent happenings of the day, as they happen, without turning on the tv and paying a website for news subscriptions. The trending news of the day comes from Dailyhunt.
Founded In: 2007
Founded by: Umang Bedi, Umesh Kulkarni, Virendra Gupta
Industry: IT, Social News & Media
Competitors: Inshorts, Way2News, Flipboard
Witnessing the growth of these startups into unicorns and successful enterprises, what can’t be denied is the phenomenon of Bangalore which is fast becoming the cradle of new-age startup businesses.
There are great working opportunities in the city, where your talent gets introduced to diverse working experiences and environments. Ideas are born and turned into reality in this city. Hence, there are tons of advantages waiting to be adopted for your quality of experience and skill set.