Top 5 Indian Startups Which Turn Into Billion dollar Company
Top 5 StartUps in India
1. Flipkart
CEO :Kalyan Krishnamurthy
Revenue in FY-17: $2.9 B
FlipKart holds the 1st position with the valuation of $11.6 B.
The company initially focused on selling books online with country-wide shipping.After that in year 2008 the company start getting the 100 orders per day,As of 2017 Flipkart held a 39.5% market share of India's e-commerce industry.
There are various giant competetor in the market for the FlipKart like US Ecommerce Company Amazon and now the Wallmart, now the time will tell that flipkart it going to stand in market or not.
Various Subsidiaries of FlipKart are:
- Myntra
- Jabong.com
- PhonePe
- Ekart
- Jeeves.co.in
Awesome Fact:
Flipkart is not actually the first E-commerce site in India , in year 1999 K. Vaitheeswaran, V S Sudhakar, Vipul Parekh, Hari Menon, V S Ramesh and Sundeep Thakran founded the website "IndiaPlaza", However it is advised by industry experts that services & the products are very unreliable and the shipping services by http://Indiaplaza.in was not doing wonders.2. Paytm
CEO :Renu Satti
Revenue in FY-17: $120 M
Paytm holds the 2nd position with the valuation of $10 B.One97 Communication (Operates as Paytm) is the India's first cashless digital transactions platform through a digital wallet, it was founded by Vijay Shekhar Sharma in year 2010.
Indian Railways and the Uber added it as a payment option when it releases its Paytm Wallet in year 2014, later on Paytm is used in so many daily casual transaction like metro tokens , vendors, markets, Electricity bill, DTH recharge and so many other payments.
Paytm Mall or Paytm Payments Bank are the two products of the Paytm.
After the demonetization in India in year 2017 the Paytm is seeing a massive growth day by day, According to the report, it has hit 5 million Transactions in a single day & processing over Rs. 24000 crores.
Amazing Fact:
Paytm is not only used in the India, it is also used in some parts of Canada.3. Snapdeal
CEO :Kunal Bahl
Revenue in FY-18: $131 M
Snapdeal holds the 3rd position with the valuation of $7 B.Snapdeal is also an E-Commerce site in india which do shipping within the country, it was founded by Kunal Bahl and Rohit Bansal of Jasper Infotech Pvt Ltd in year 2010.
At the time of start Snapdeal was a daily deal platform , but get expanded in mid of year 2011 and become a online market place.
One of the primary investors in the the snapdeal was eBay.
Various Subsidiaries of Snapdeal are:
- Grabbon.com
- esportsbuy.com
- Shopo.in
- Doozton.com
- Wishpicker.com
- Smartprix.com
- Exclusively.in
- FreeCharge.com
4. Ola
CEO :Bhavish Aggarwal
Revenue in FY-17,18: N/A
Ola cabs holds the 4nd position with the valuation of $3.65 B.Ola is an Indian origin on-demand taxi service provider which serves both online and offline, it was founded by Bhavish Aggarwal and Ankit Bhati in year 2010
In year 2017, they acquired Foodpanda and Ridlr(Formerly Traffline)a public transport ticketing app.
Ola is having a big competetor in India Which is the US tech Giant Company Uber, these two companies are rivialary to each other always giving best schemes to increase there customer base in India.
Amazing Fact:
In January 2018, It extended its reach into its first overseas market, Yes! Australia , and has plans to eventually run the service in Sydney and Melbourne - and already arrived in Perth in late February.5. ReNew Power
CEO :Sumant
Revenue in FY-18: $6.5 M
Last but not the least RenNew power's valuation is $2 B
It was founded by Sumant Sinha in 2011 and is headquartered in Gurgaon, Haryana, India.A leading renewable energy producers in India, initially focusing on purchasing and operating the majority of wind farms in India.
Top 5 Indian Startups Which Turn Into Billion dollar Company
Reviewed by ViTalks
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Reviewed by ViTalks
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