Bangalore is an amazing city for those who want to start their business with a bang. The city has claimed its dominance over other Indian cities with its modern work culture and improved lifestyle. The startups in Bangalore have always achieved the crown and never looked back, gifting the city with the significant title of “Silicone Valley” of India.
The most successful startups like BYJUs, Razorpay, Flipkart, and Swiggy have emerged from Bangalore and devoured the entire country with their hunger for business expansion. Hopefully, there will be more startup companies like these in the future. Below is a small list of 5 such successful startups in India.
Razorpay:
Before Razorpay entered the scene, our country lacked a hassle-free online business transaction platform. Back in 2013, Shashank Kumar and Harshil Mathur built their startup world, and now they are an ever-growing business plan with an initial investment worth $375 million.
Other small entrepreneurs now use this payment gateway for their business transactions, online processing payments, and paying their salaries to employees. This company was recently selected as one of the 100 Unicorns of 2022.
Swiggy:
Everyone even starts drooling after hearing only the name of Swiggy, so this company rarely needs a forward. Founded in July 2014 by the three brilliant entrepreneurs Rahul Jamini, Nandan Reddy, and Sriharsha Majety, Swiggy became one of the 100 Unicorns of India back in 2017 from being just a successful startup.
From delivering food to doorsteps picked up from selected restaurants, they expanded their business slowly by opening a wine shop, starting their Instamart (an online grocery store), and operating Swiggy Genie (s service that includes picking things from one place and delivering it to the destination). They work in more than 500 Indian cities and claim their position as one of the top startups 2022.
Rapido:
The moment the Bangalore-based startup Rapido snowballed into the business realm in 2015. The other on-demand bike/taxi service companies face head-on competition. Previously known as Karrier and founded by Pavan Guntupalli, S.P. Rishikesh, and Arvind Sanka, Rapido has become one of the most successful startups known by over 100 cities with over 15 million happy users.
They provide safe and easy bike and taxi rides on booking. The company’s recent valuation is at the peak of $250million after getting funded by Yamaha, Shell ventures, Kunal Shah, and Amarjit Batra.
Unacademy:
Unacademy was just a YouTube channel at the beginning of its history as a successful startup, and in 2015, the owners of the channel, Hemesh Singh, Gaurav Manjal, Sachin Gupta, and Roman Saini, decided to kick start their Edtech platform.
In a few years, the channel has become a leading e-learning company, going through loads of funding worth $440 million as of August 2021. It has provided multilingual online lecture videos for competitive exams learned by 63 million students and operated by 60 thousand teachers. Unacademy has claimed a position amongst the 100th Unicorns of India in 2022.
Ninjacart:
Wiping the sweat from the farmers’ foreheads, this startup company from Bangalore has built a fresh food supply chain providing perishables to businesses and retailers. They have taken the initiative to remove the third-party link between a farmer and a customer.
The masterminds behind this great business plan are Sharath Logananthan, Thirukumaran Nagarajan, Ashutosh Vikram, Kartheeswaran KK, and Vasudevan Chinnathambi.
Walmart and Flipkart contributed to the funding of $145 million to Ninjacart. They currently have more than 44 thousand farmer suppliers, over 1200 warehouses all over the country, and more than 60 thousand Kirana stores. Thus, Ninjacart has become one of the main startups in India.
Conclusion: India’s future is glowing if we come up with such brilliant startup ideas every year and make plenty of changes to our economy.
The startups in Bangalore should inspire aspiring entrepreneurs to come forth, raise funds, and have faith in establishing their companies. Success is a slow-earned bread for these small companies, but there is a pride in seeing so many Indian companies rising to international levels and competing to stay rooted.