In today’s video, we look at top 10 Indian startups based in the Delhi-NCR region.
00:00 Introduction
00:35 #10 Rivigo
01:47 #9 GlobalBees
02:38 #8 MamaEarth
03:48 #7 Pristyn Care
04:50 #6 Spinny
06:03 #5 Urban Company
07:01 #4 BharatPe
08:09 #3 Cars24
09:35 #2 Delhivery
10:55 #1 OYO
#10 Rivigo: In 2014, Deep Garg and Geet Kalra set out to make the profession of truckers more humane and address the growing need of truck drivers in the country by starting Rivigo. The company’s innovative relay trucking model not only helps its drivers to go home to their families every day but also makes deliveries for their customers much faster. It is no surprise that Rivigo has become a unicorn and continues to enjoy the support of its investors who have pumped in $268.7 million.
#9 GlobalBees: Founded by Edelweiss’ former President Nitin Agarwal and FirstCry’s co-founder Supam Maheshwari in 2021, GlobalBees invests in and acquires D2C brands that they believe have massive growth potential. GlobalBees then uses their own expertise to help these brands scale their business, turning them into highly successful portfolio companies.
#8 MamaEarth: Founded by Ghazal Alagh and Varun Alagh in 2016, Mamaearth is a D2C babycare brand that sells toxin-free babycare products. Today, they have expanded their toxin-free product portfolio to enter the adult personal care market as well. In FY21, Mamaearth’s revenue grew 4X to reach ₹461 crore.
#7 Pristyn Care: Founded by Garima Sawhney, Harsimarbir Singh, and Vaibhav Kapoor in 2018, Pristyn Care is trying to innovate in India’s fragmented healthcare market, and they’re focusing on the surgery space specifically. By partnering with around 500 hospitals and clinics - Pristyn Care handles a patient’s entire healthcare journey, from doorstep pickup and drop, finding them the right doctor, completing hospital paperwork, getting a diagnosis and submitting insurance documents, and then finally post-surgery recovery and home delivery of medicine.
#6 Spinny: Founded by Ganesh Pawar, Mohit Gupta, Niraj Singh, and Ramanshu Mahaur in 2015, Spinny started as an online classifieds platform for buying and selling used cars. However, they soon realised by putting control over the quality of the cars in the hands of sellers, the customer experience on their platform was suffering for buyers. This is why they moved from a classifieds model to a full stack model in 2017 - where they started buying cars directly from sellers after evaluating the quality of the car.
#5 Urban Company: Founded by Abhiraj Singh Bhal, Varun Khaitan and Raghav Chandra in 2014, Urban Company is India’s largest homes services marketplace. The company has a network of more than 35,000 home service professionals. They have also expanded beyond India to countries UAE, Australia, Singapore and Saudi Arabia.
#4 BharatPe: In 2018, Ashneer Grover joined Bhavikkumar Koladiya and Sashvat Nakhrani to build BharatPe, a solution to the problems that merchants had been facing. By leveraging India’s Unified Payments Interface, they were able to launch an interoperable UPI-based QR code - allowing merchants to accept UPI payments from any digital payments provider, and the best part was they didn’t have to pay any commission for accepting these payments. In just three years, BharatPe has heavily disrupted India’s digital payments space and more than 7.5 million merchants across the country are now using BharatPe.
#3 Cars24: Founded by Gajendra Jangid, Mehul Agrawal, Ruchit Agarwal and Vikram Chopra in Gurugram in 2015, Cars24 was created to organise the highly fragmented used car market in India. They did this by making it easy for customers to sell used cars on their platform. Cars24 inspects the vehicle, settles on a fair price, and then they handle the documentation, all in less than an hour.
#2 Delhivery: Founded by Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan in 2011, Delhivery is India’s leading logistics company with a more than 20% market share in the e-commerce delivery space. Their investors have poured $1.4 billion into the startup. Now, Delhivery is gearing up to go public, likely in 2022 - seeking a valuation of around $5 billion.
#1 OYO: Founded by Ritesh Agarwal in 2013, Oyo Rooms is India’s hospitality unicorn that had expanded rapidly to international destinations before shrinking operations due to the pandemic. So far, OYO’s investors have poured $3.1 billion into the startup. The company did face some major struggles during the pandemic, but now they’re planning an IPO! They are expected to go public at a valuation of around $9 billion.
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28 июн 2024
