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The pandemic accelerated digital transformation across the globe. The economy was badly hit by the sudden disruptions and this led to a boom in technology. Industries and companies started rapidly adopting disruptive technologies to maintain agility and business growth amidst the crisis. According to the YourStory report, India today has the third-largest number of startups in the world, with 38 unicorns. Increased reliance on the digital ecosystem led to a surge in startups. These digital solution providers have enhanced the growth of businesses and boosted their digital transformation journey. Here are the top 10 tech startups in India.
Dunzo is an all-in-one online delivery platform based out of Bengaluru. It promises super-quick deliveries around the clock. In a recent USD40 million funding round, Dunzo was backed by Google. Dunzo provides hyper-localized delivery services in Bangalore, Pune, Gurgaon, Hyderabad, New Delhi, Chennai, and Mumbai.
Udaan is renowned as India's largest B2B eCommerce platform. The startup is based out of Bengaluru and was founded in 2016. Udaan is specifically designed for small and medium businesses and provides market insights, trends, B2B trade features, products across different categories, secure buying and selling options, and networking facilities.
The startup recently stole headlines after it was said to become India's most valued startup after raising USD150 million through UBS funding. Byju's was incepted in 2011 in Bengaluru. It is the largest edtech platform in India that offers world-class learning experiences to K12 class students. Byju's effectively inculcates AI, data analytics, and other disruptive techs in its app.
It is one of the largest consumer lending fintech companies in India. Zest money was launched in 2015 and it enables customers who do not have credit cards to pay in affordable EMIs to online and offline stores. The startup uses mobile technology, AI, and digital banking to make it happen.
Agnikul is an Indian Aerospace manufacturing startup founded in 2017 and is based in Chennai. According to the company, its aim is to make space affordable in India. The startup recently raised INR23.4 crores in a pre-series A funding round. Agnikul is currently on a mission to develop a satellite launch vehicle with a capacity of 100kg payload.
Based in Bengaluru, Cure.Fit came into existence in 2016. It provides a mobile application that offers a holistic approach towards physical, mental health and fitness. They have different business verticals including Cult.Fit, Mind.Fit, and Care.Fit.
India's first full-stack financial solutions provider, Razorpay has an extensive product portfolio that caters to digital payment needs. The startup was founded by IIT Roorkee graduates back in 2014. Razorpay provides business comprehensive solutions built on a modern technology stack.
Mumbai-based Qure.ai was incepted in 2016. It offers affordable and accessible diagnostics by leveraging AI and deep learning technologies. Qure.ai claims to detect and diagnose medical conditions from the medical images through connected devices digitally. Another solution provided by Qure.ai is the automated generation of diagnostic reports from X-rays, CT Scans, etc.
Based in Bengaluru, CropIn is an AI-led Agtech platform. The startup promises future-ready farming solutions, decision-making tools, digital insight, and data management solutions. CropIN provides simplified data gathering through mobile apps, and analyzes them to give actionable and intelligent insights to businesses in the agriculture sector.
This Bengaluru-based tech startup is a data labeling platform. It offers a space to build high-quality datasets for training machine learning models. Launched in 2015, Playment works with more than 200 machine learning teams in reputed companies. Playment's GT Studio offers ML-assisted 2D and 3D labeling tools, Powerful APIs for easy pipeline integration, etc.
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