Start-Ups – With the gen-next cool trend to start working on new and innovative ideas, India is all set to outperform all other nations on the world stage in the years to come. Setting up of small businesses by these young entrepreneurs is definitely going to boost the Indian economy in the near future. India is a home for almost 3100 startups starting per year standing just behind US, UK, and Israel according to the NASSCOM report of 2015. If the growth is continued on the same pace then it is expected that Indian tech startups will generate almost 2.5 lakh jobs in the next five years.

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The Indian government is also taking several steps to build an environment that is suitable for startups since small businesses can play a very important role to develop and boost the Indian economy in the future. In the Union Budget of 2015, the government has established a process or a mechanism known as Self Employment and Talent Utilization (SETU) to support all the aspects of startups right from their seed financing stage to their growth stage. Also, the government is also setting up ‘innovation labs’ at various places which are similar to that of ‘incubation centers’ in large national and foreign universities. It is also anticipated that government may roll out an Rs. 2000 crore fund to provide seed capital to startups related to IT and biotechnology.

List of StartUp Company

  • Ask Arvi
  • CoWrks
  • Doctor Insta
  • Flock
  • Overcart
  • Loan Frames
  • Instavans
  • Vedantu
  • Smallcase
  • DocTalk

Ask Arvi

AskArvi- India provides the world’s biggest market space for the insurance sector. The country’s insurance market is expected to 4 times in size in the coming 10 years. Arvi is India’s best chatbot that makes insurance very simple and smart without any pesky sales calls.

askarvi

CoWrks

CoWrks – It builds workspace for businesses of all sizes. CoWrks main purpose is to bring together the biggest community of working professionals across the world. It also connects them through technology.CoWrks was founded by Sidharth Menda.

Doctor Insta

Doctor Insta – Its business model is very simple. You can connect with the best doctors and other specialists from the comfort of your home through their mobile app. My Doc feature allows you to consult your own doctor via Video/ Phone/ Chat. If required, they can refer patients to US doctors for a second opinion. Also, they can easily store your Prescriptions and Medical records. Offices In – Gurugram, Total Funding $7MM

Flock

Flock – It is an online collaboration software and messaging platform. It makes team communication hassle-free. It organizes all conversations, productivity tools, and apps in one place, so that team focuses on other important works It has a strong following throughout the world with more than 100 thousand companies using their enterprise chat app. Offices In: Bengaluru, Mumbai

Overcart

Overcart – It is a US-based company, that provides a platform for return management. It’s in the initial phase and trying to the inventory optimization to India. Offices In: Gurugram Total Funding: $3MM

 

Loan Frame

Loan Frame: Provide small business loans for India. It is a Fintech company and focuses on SME’s Loan through a technology with market Knowledge approach. It has grown rapidly in terms of numbers of clients as well as network of lenders. Offices In: New Delhi Total Funding: $2.3MM

Instavans

Instavans – Instavans makes life of Shippers and truckers very easy by aggregating a large number of local truck operators and has built a “virtual fleet” that is larger than any other local provider. The Instavans platform will be offered as a web and mobile app. Instavans addresses most of the market inefficiencies and provide Real-time platform to connect shippers and truckers, with automatic dispatch. It has simplify paperwork by using Online documentation for each pickup Offices In: Bangalore Total Funding: $2MM

Vedantu

Vedantu – It evolve the way of teaching and learning by combining quality teachers, engaging content and superior technology. It provide wide range of online classes and test preparation live by best teachers of India. It provide a network where any student can tap into a teacher directly and learning can happen in a personalized way, anytime-anywhere. Offices In: Bangalore Total Funding: $16.6MM

Smallcase

SmallCase – A small case is a basket of stocks/ETFs weighted intelligently to reflect an idea. It provide simple, quick and delightful investing option for Indian middle class. It worked with India’s most trusted Financial brands like Axis direct, HDFC securities etc Offices In Bangalore Total Funding: $8MM

DocTalk

DocTalk – It is a a CRM and patient management platform for doctors. It provide hassle-free communication with patients. It provides high-quality care to patients with DocTalk mobile application. Offices In: Hyderabad Total Funding: $5Million