The national startup movement is pushing professionals to launch their own companies instead of relying solely on the security of a steady job. Top Startups in Delhi is unique since it supports a wide range of startup verticals, such as technology, consumer and financial services, and financial services. Ten “unicorns,” or companies valued at least $1 billion, are located in Delhi, according to a study by consulting firm Zinnov titled Turbocharging Delhi-NCR Startup Ecosystem.
Top Startups in Delhi- Overview
Delhi-NCR had over 10,000 companies, 10 unicorns (Top startups in Delhi), and a US$50 billion total valuation by the end of 2023. With the correct initiatives, it has the potential to become one of the world’s top five startup hotspots by 2025, boasting 12,000 start-ups, 30 unicorns, and a combined worth of more than $150 billion. Let’s look at some of the Top startups in Delhi has created to date:
Pallavi Shrivastava started Progcap, a financial services company, in 2017, it has been a major force in supporting micro and small enterprises being among the Top Startups In Delhi. Progcap serves these companies’ funding needs, with a focus on supply chain management, enterprise, and finance. Progcap’s dedication to promoting growth and sustainability for small businesses is demonstrated by its creative approach in the FinTech industry.
BoAt, a company founded in 2016 by Aman Gupta and Sameer Mehta, has gained popularity in the audio-tech sector by emphasizing reasonably priced, stylish, and aspirational earwear. With operations in wearables, fashion, leisure, and consumer electronics, boAt emerged as a top startups in Delhi, it has now employs 101–250 people. The secret to boAt‘s success is its ability to combine elegance and technology while providing customers with an array of premium audio goods at reasonable costs.
3) Holisol Logistics
Manish Ahuja, Naveen Rawat, and Rahul Dogar founded HoliSol Logistics in 2009; it is a multi-channel fulfillment expert that has established itself as a supplier of supply chain solutions for both B2C and B2B markets. This top startups in Delhi company employs 51–100 dedicated individuals who engage in supply chain management, logistics, and corporate expansion. Credible investors like Sundeep Bhandari, BlackSoil, CLSA Capital Partners, and Northern Arc support the business’s ability to offer clients and businesses comprehensive and efficient supply chain solutions.
In 2019, Tarun Dhamija, Tamanna Dhamija, and Kartik Bansal founded Convosight, Convosight is among the Top Startups In Delhi, which is a well-known provider of community management software. Within the dynamic domains of software as a service (SaaS), social media, and social media management, Convosight has assembled a committed workforce of 51 to 100 workers. Prominent investors such as Ajay Gupta, Unilever Ventures, Surge, IvyCap Ventures, and Qualgro VC believe in Convosight’s novel approach. They recognize the critical role Convosight plays in influencing and enhancing the dynamics of online communities.
Meenakshi Singh, Gandharv Goyal, Kuldeep Singh Chauhan, and Cherian Dr. founded Synapsica in 2018, and since then, the company has become a pioneer in the teleradiology and health tech sectors. Synapsica is dedicated to revolutionizing reporting and workflows in diagnostic radiology and using AI to boost output. Synapsica is considered one the top startups in Delhi has raised $4,200,835 in funding throughout four rounds with support from renowned investors like Y Combinator, International Finance Corporation, Endiya Partners, Stellaris Venture Partners, and IvyCap Ventures. This indicates the industry’s confidence in their innovative approach.
6) Paytm Payments Bank
The Paytm Payments Bank was founded in 2017 by Vijay Shekhar Sharma, and since then, it has rapidly transformed the FinTech sector by becoming a mobile-only bank. This top startupsin India operates at the intersection of mobile payments, FinTech, and banking. Notably, Paytm and Vijay Shekhar Sharma are the main investors in this project, underscoring the founder’s dedication to the bank’s mission and the parent company’s faith in the payment bank’s creative and user-friendly methods.
MyMoneyMantra, which was founded in 1989 by Raj Khosla, has grown to become the biggest digital marketplace for consumer and business financing in India. The word “phy-digital” emphasizes its dedication to combining digital and physical components in its operations in a seamless manner. MyMoneyMantra is a well-known player in the Indian financial scene, is counted in the list of the Top Startups In Delhi, operating in a variety of industries including consumer lending, finance, financial services, FinTech, insurance, lending, marketplace, and personal finance. Prominent investors such as IFSD BV and Vaalon Capital demonstrate their faith in the company’s ability to become a significant force in the consumer and commercial financing markets.
WinZO is a smartphone social gaming platform for e-sports that pays users in cash and prizes. WinZO, which was founded in 2018 by Chanchal Kurele, Paavan Nanda, and Saumya Singh Rathore, mobile e-sports social game platform that mixes social engagement with gaming. WinZO being a mobile e-sports social game platform is included in the list of the Top Startups In Delhi. With a workforce of 51–100 workers, WinZO operates in the online gaming, eSports, gaming, media and entertainment, and digital entertainment sectors. A wide range of investors, including Hike, Kalaari Capital, Makers Fund, Courtside Ventures, and Stephen Pagliuca, have contributed outstanding financial support for WinZO’s creative strategy of fusing social engagement with mobile gaming.
9) Get My Parking
Get My Parking, which was established in 2015 by Rasik Pansare and Chirag Jain, is a platform-as-a-service (PaaS) supplier for businesses to businesses. Get My Parking is considered one of the top startups in India, has a committed workforce of between 51 and 100 workers and substantial financial support. Throughout five investment rounds, the company has raised $10,392,793 in capital, including assistance from prominent investors including BEENEXT, Indian Angel Network, IndusAge Partners, The Chennai Angels, and IvyCap Ventures. The industry’s appreciation of Get My Parking’s ability to use technology to create and enhance parking management solutions on a business-to-business basis is shown in the wide range of investors who have supported the company.
Chqbook is a fintech company that was founded in 2017 by Mohit Goel, Rajat Kumar, Sachin Arora, and Vipul Sharma. Its mission is to make personal finance simpler. Chqbook is a FinTech company that specializes in money and financial services. Its platform allows users to explore, evaluate, schedule, and buy a range of personal finance solutions. Aavishkaar Venture Capital, InnoVen Capital, YWC Venture Capital, Kishore Ganji, and Sachin Arora are among the notable backers. The industry’s faith in Chqbook’s objective to offer user-friendly and effective personal finance solutions is demonstrated by this financial support.