10 New Start-ups in India with Promising Business Model (2020)
Gone are the days when you would have to be known face in the country in order to start business. Over the years, there have many inspiring entrepreneurs who have launched a game-changing startup. Some of them have been a boon to its users. There is several startups in the country; however, there very few who have carved a niche for themselves. In this blog, we have curated ten new startups that have a promising business model.
List of Promising Start-ups in India
Started in the year 2014, Dunzo is one of its types of Indian companies. It provides all types of delivery services in Bengaluru, Delhi, NCR, Jaipur, Pune, and Hyderabad. Whether you want to travel within the city or have to deliver any of your goods to your parcel, the portal is always at your rescue. With only a few years to its launch, the portal has garnered colossal fame. This startup has changed the scene of Indian businesses. All you would have to do is enter your pick and drop. It provides Bike taxi services as well.
Next in our list of startups that have promising business model is ShareChat. What makes this startup stand out from other similar messenger apps is that it works in different regional languages. It currently provides services in more than ten regional languages and plans to spread its wings in NorthIndia by introducing a set of languages used in north India. The startup has been by leading organizations like Shunwei Capital, Xiaomi, and many others to name.
Introduced in the year 2013, Ather Energy was one of the first companies that manufactured electric scooters. In order to promote electric vehicles in the country, the company has founded infrastructures where electric vehicles can be easily charged. People in Bengaluru can visit the infrastructure and easily charge their scooters. In order to extend its services, the startup is soon planning to come up with ownership models like long term rentals, hardware subscription direct leasing, and exchange offers.
For the longest people in India have struggled to find the right platform where they can pay their credit card bills; however, with CRED’s introduction, this problem has been simplified. It helps the users pay credit card bills and rewards them for paying the credit bills on time. In addition to this, the startup also provides exciting offers and discounts on health services, shopping, etc. With its innovative business model, CRED has become one of the most promising startups in the country.
Founded in 2015 by IIT alumni, Rapido is one of the bike taxi-baxi service providers in India. It is a Bengaluru based startup that has brought a revival in online cab booking sites. Unlike other online cabs providers, the portal provides bikes for traveling within the city. It is apt for a single person, and also, it is cost-effective. The users can also use Rapido coupon code and get maximum discount on your scheduling your trip.
It is a financial service provider in India. It provides institutional and retail broking and trading services. The startup was established in the year 2010; after a decade, it has become one of the country’s leading brokers. It has more than 1 million clients. By now, it has more than 1000 members and a multilingual support team that provides its clients round the clock services. The startup also has a vast network that offers regional supports.
This startup simplified the lives of many. It is one of the leading grocery delivery apps in the country that provides its customers with daily needs that include milk, fruits, and other essentials at their doorstep. It is Gurigram based startup that has now spread its wings in other parts of the country as well. It started in 2015, and by now, the company has raised more than $14 million, which makes it one of India’s promising startups.
The Bangaluru-based startup has been a boon for many. It provides health care facilities in clinics and schools. It was established in the year 2010, and by now, it has made total funding of $1.5 million. It is led by doctors entrepreneur’s has addressed many health problems in the country.
Founded in the year 2008, Zomato captured the online food delivery business with its launch. It is one of the first online delivery apps that allowed the users to order the food from across the country and that too at any time. What caught many fancies was its discount codes through which users could get a discount on their food orders. Not only this, but it has also introduced many other foods related services that have made it one of the international companies so far.
Founded in the year 2010, Paytm saw an increase in its business in the year 2017, when the entire country was suffering from demonetization. The app allowed users to make online payment without any hassle. In the following year, it dominated the country, and today is one of the most-used apps.
While there have been many startups who started with the hope to change the country’s business scene, there are quite a few who made it big amongst them. Startups like Zomato, Paytm, and Rapido have received colossal appreciation over the years and have been termed as promising business models in India.