Indian Startup Success Stories

OYO

Launch: 2013

Founders: Ritesh Agarwal

Industry: Hospitality

Estimated Valuation: $16 billion


 Ritesh Agarwal, the founding father of the homegrown unicorn Oyo, has set up itself as one of the largest resorts and hospitality chains around the arena with operations in over 800 towns across eighty countries, which include India, US, China, Europe, China, and more. Airbnb turned into the largest supply of proposals for Ritesh, who started on his journey of being one of the first-rate entrepreneur fulfillment tales as a teen.

PAYTM

Paytm founder: Vijay Shekhar Sharma Launch: 2010

Business: Fintech

Expected Value: $15 billion

 

Paytm started as a virtual wallet but has since evolved into a cutting-edge payment platform. Even after experiencing tough early competition from companies like Freecharge, the fintech carrier has managed to become the leading fintech organization. With only Rs. 10 in his pocket, Vijay Shekhar Sharma struggled to make ends meet. He eventually tasted success the hard way, and today he is the founder of a unicorn company worth $1 billion that was born in his country.

FLIPKART

Launch: 2007

Founders: Sachin Bansal & Binny Bansal

Industry: Ecommerce

Expected Valuation: $24 billion

 

 

Walmart obtained eCommerce employer Flipkart stands as the most important eCommerce platform in India. Nowadays, the eCommerce platform has improved its enterprise horizons by using foraying into the video streaming enterprise with Flipkart Video Originals. Sachin Bansal & Binny Bansal began out as an internet bookstore that made around 20 successful shipments in its first yr of functioning. It was no longer overdue before the platform started grabbing people’s attention which made it the pinnacle online retail market in records.

Swiggy

Release: 2014

Founders: Nandan Reddy, Rahul Jaimini, & Sriharsha Majesty

Enterprise: Foodtech

Anticipated Valuation: $3.3 billion

 

The viral meals shipping startup has marked itself as one of the inspirational testimonies of achievement that commenced out in its Bengaluru neighborhood that was covered by way of six transport executives with only 25 companion eating places. Nowadays, the meals shipping firm has over 2.1lakh transport executives across 300+ cities in India. currently, the organization methods over 1.4 million meal orders each day throughout the united states.

Ola Cabs

Release: 2010

Founders: Bhavish Aggarwal, Ankit Bhati

Industry: Mobility

Expected Valuation: $6.2 billion

 

Ola Cabs, which commenced with the aid of IIT-B graduates Bhavish and Ankit, has emerged to be the most outstanding Indian mobility service provider that gives its offerings across 50 cities in India and is flippantly unfold throughout international locations, including the UK, Australia, and New Zealand. The idea of Ola, a cab aggregation startup, came from Bhavish’s terrible revel. At the same time, he was traveling from Bengaluru to Bandipur, where the driver of his cab stranded him in the center of nowhere over a failed negotiation deal.