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Emerging Start-ups in Mumbai Chennai

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Emerging Start-ups in Mumbai Chennai

Venture capital investments have picked up pace in India. As per KPMG, the start-up ecosystem saw over $2.5 billion investment in the third quarter of 2018, which was almost double from over $1 billion invested in the second quarter. Despite the increase, this is half of the $5 billion invested in the third quarter of 2017. Start-up comes with disruptive innovations, which develops confidence to take risks and explore by advocating and later on rewarding opportunity.

 

The report says that India saw a quarter on quarter increase in VC investment buoyed by $1 billion raised by hotel booking company Oyo Rooms to finance its expansion into China. Oyo became India's second most valuable technology start-up after Paytm and leapt into unicorn status with a $5 billion valuation. India also saw several $100 million plus megadeals this quarter, including $225 million by Udaan, $120 million by Curefit and $100 million by BookMyShow," the report said.

 

It has also seen that online marketplaces continue to gain a lot of traction in India during the quarter, with the second-hand car company Cars24 raising $50 million. India is witnessing a rapid rise in the B2B tech startup landscape, focused on verticals like healthtech, fintech, and ecommerce/aggregators.

 

According to a report, the investment in startups across segments such as Artificial Intelligence (AI), Fintech, Logistics and Software as a Service (SaaS) touched $6.1 billion, with investment in 575 firms since 2016. Till now fintech topped the chart in terms of funding with $4.4 billion, followed by logistics at $838 million. There are certain interesting start-ups present in Delhi/NCR, Mumbai, Bangaluru and Chennai, of which we present you the leading 5 start-ups from each of these cities –

 



COMPANY : Inthree Access
PROMOTER: Ramachandran Ramanathan, Co-Founder & CEO
SOLUTION OFFERINGS: E-Commerce products like  Mobiles, Electronics,  Large Appliances, Small Appliances,  Electrical, Personal Care, apparels etc


COMPANY : TicketNew
PROMOTER: Ramkumar Nammalvar, Founder & CEO
SOLUTION OFFERINGS: Online-movie ticketing website that provides ticket  sales, ticket resale services, marketing and distribution


COMPANY:  Tradly
PROMOTER:  JK Baseer, Co-Founder & Product Manager
SOLUTION OFFERINGS: Online platform for buying and selling second hand  products, to create a platform with safe and friendly local community to discover, connect and trade


COMPANY : Mad Street Den
PROMOTER: Ashwini Asokan, CEO & founder
SOLUTION OFFERINGS: Vue.ai, data classification/ catalog data management,  AI and Image Recognition platform for apparel retailers


COMPANY : Planys Technologies
PROMOTER: Prabhu Rajagopal, Co Founder & Strategist
SOLUTION OFFERINGS: Under-water inspection and survey solutions using custom-built submersible drones