Top 20 Startups in India 2023


CARS24 is an online marketplace for buying and selling used cars in India. Founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid and Ruchit Agarwal, Cars24 has quickly become one of the leading players in the used car market. The company operates in over 100 cities across India and has a network of over 1000 car dealerships.It is a leading AutoTech company streamlining and revolutionizing the sale, purchase, and financing of pre-owned cars in India, Australia, Thailand, and UAE. Leveraging cutting-edge technology, that includes a Smart AI Pricing Engine, and the largest dealer network, CARS24 ensures that selling pre-owned vehicles is seamless and transparent. Customers get a great price, instant payment, easy documentation, and the freedom to sell from anywhere, making the process convenient and hassle-free. When buying from CARS24, 140 Quality Checks at the state-of-the-art Mega Refurbishment Labs (MRL) ensures customers get cars that are ready for the road and come with 1 year warranty and easy 7-day returns.

CARS 24 has a number of advantages over traditional car buying and selling methods. First, it offers a more convenient and hassle-free experience. Customers can buy and sell cars from the comfort of their own homes. Second, Cars24 is transparent and hassle free. The inspection report for each car is available on the website, so customers can know exactly what they are buying. Third, it offers a variety of services, including car inspection, online bidding, and financing. This makes it a one-stop shop for all car buying and selling needs


CRED is a new-age fintech company that is revolutionizing the way people build their credit. Founded in 2018, CRED has quickly become one of the most popular credit-building platforms in India.It is a members-only club that rewards individuals for their timely credit card bill payments by providing them with exclusive offers and access to premium experiences. It is a platform that allows credit card users to manage multiple cards along with an analysis of their credit score. Members with a high Experian or CRIF score are eligible for exclusive rewards upon payment of their credit card bills through the app. Among many of the features in the app are CRED’s credit card spend tracking and management feature which provided the user with analysis of spend tracking and efficiency of usage of the card.It is also equipped with the CRED protect feature which is an AI backed system that keeps track of every single nuance of a credit card payment journey – right from due date reminders, spend patterns and other card usage statistics. CRED has been praised for its innovative approach to credit building. The company has helped millions of people in India improve their credit scores and gain access to financial products and services that they were previously unable to qualify for.


Unacademy is an Indian online learning platform that offers live and recorded courses on a variety of subjects, including competitive exams, school and college curricula, and personal development. It was founded in 2015 by Gaurav Munjal, Roman Saini, and Hemesh Singh. Unacademy has quickly become one of the most popular online learning platforms in India, with over 50 million users. Unacademy’s mission is to “make education accessible to everyone.” To achieve this mission, Unacademy offers a variety of features that make it easy for students to learn at their own pace and convenience. It has a team of over 50,000 top educators from across India. These educators are experts in their fields and have a proven track record of success. One of the key reasons for Unacademy’s success is its focus on affordability. Most of Unacademy’s courses are very affordable, especially when compared to traditional offline coaching classes.This makes Unacademy accessible to students from all socioeconomic backgrounds.


Razorpay was started in 2014 by two IIT Roorkee alumni, Harshil Mathur and Shashank Kumar. Just a short few years later, Razorpay has evolved into a strong organisation with some of the best talents in the country helping companies manage their money movement seamlessly. Razorpay is the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite. It gives access to all payment modes including credit card, debit card, netbanking, UPI and popular wallets. It has grown from being a payment gateway provider to a solutions-driven organisation boasting of an extensive products suite to accept and disburse payments as well as raise capital and park money.


Blinkit, formerly known as Grofers, is an Indian quick commerce platform that delivers groceries and other essentials to customers in under 10 minutes. The company was founded in 2013 and has since grown to become one of the leading quick commerce players in India, with operations in over 30 cities. In addition to its convenience, Blinkit is also known for its wide selection of groceries and its high-quality products. Overall, it is a well-positioned company that is poised for continued growth in the future. The company’s wide selection of products, convenient delivery, affordable prices, and commitment to innovation and customer service make it a popular choice for customers. Their services have been particularly popular during the COVID-19 pandemic, as people have become more reliant on online shopping and delivery services. The company has also benefited from the growing trend of quick commerce, which is becoming increasingly popular in India.


Bharatpe is a leading fintech company in India that provides digital payment solutions to merchants and small businesses. It was founded in 2018 by Ashneer Grover and Shashvat Nakrani, and has since grown to become one of the most popular fintech platforms in the country. BharatPe offers a variety of services, including QR code payments, UPI payments, and card payments. It also provides merchants with other features such as business loans, point-of-sale (POS) devices, and inventory management software.

BharatPe has played a significant role in the digitization of payments in India. It has made it easier for merchants to accept digital payments, even in remote areas with limited internet connectivity. It has also helped to reduce the cost of digital payments for merchants, which has made them more competitive. BharatPe has been growing rapidly in recent years. In 2021, it became the first Indian fintech company to achieve unicorn status, with a valuation of over $1 billion. BharatPe is now one of the most valuable fintech companies in India, and it is poised to continue its growth in the coming years.


Upgrad is a leading online education platform that offers a wide range of courses in high-demand fields such as business, technology, and data science. The platform is known for its high-quality curriculum, experienced faculty, and industry-oriented programs. It was founded in 2015 by Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, and Ravijot Chugh. The company’s mission is to “empower learners to succeed in the gig economy.” Upgrad’s programs are designed to help learners develop the skills and knowledge they need to succeed in the rapidly changing workforce. UpGrad’s programs have helped thousands of learners to upskill and reskill themselves. The company’s graduates have gone on to work at top companies such as Amazon, Google, and Microsoft.


Xpressbees is a leading Indian logistics company that provides a wide range of services, including express delivery, same-day delivery, and international delivery. The company was founded in 2015 by Amitava Saha, Supam Maheshwari, and has since grown to become one of the largest logistics companies in India.

Xpressbees is known for its innovative technology and commitment to customer service. The company has developed a proprietary logistics platform that allows it to track shipments in real time and provide customers with accurate delivery estimates. It has played a key role in the growth of e-commerce in India. The company has partnered with leading e-commerce companies such as Amazon, Flipkart, and Myntra to provide them with a reliable and efficient delivery service. Key factors of Xpressbees are :

  • Wide range of services: Xpressbees offers a wide range of logistics services, including express delivery, same-day delivery, and international delivery. This makes it a one-stop shop for all your logistics needs.
  • Innovative technology: It uses innovative technology to track shipments in real time and provide customers with accurate delivery estimates. This helps customers to plan their shipments and deliveries more effectively.
  • Commitment to customer service: Xpressbees is committed to providing its customers with the best possible service. The company has a team of dedicated customer service professionals who are available 24/7 to help customers with their queries.
  • Affordable pricing: Xpressbees offers a variety of affordable logistics solutions that are suitable for businesses of all sizes. This makes it a good option for small and medium-sized businesses (SMBs) as well as large enterprises.
  • Overall, Xpressbees is a reliable and efficient logistics company that offers a wide range of services at affordable prices. The company is committed to providing its customers with the best possible service and is constantly innovating to improve its offerings.

Digit Insurance:

Digit Insurance is a new-age insurance company that was founded in 2016. It offers a wide range of insurance products, including car insurance, bike insurance, health insurance, travel insurance, and home insurance. It is known for its innovative products and services, as well as its customer-centric approach.

One of the things that sets Digit Insurance apart from other insurance companies is its use of technology. Digit Insurance has developed a number of innovative digital products and services that make it easy for customers to buy and manage their insurance policies. For example, it offers a mobile app that allows customers to buy policies, renew policies, file claims, and track their claims status.


Spinny is an Indian used car buying and selling platform that was founded in 2015. The company has a network of over 200 car hubs across 13 cities in India. It offers a wide range of services, including car inspection, certification, financing, and insurance.

One of the key things that sets Spinny apart from other used car platforms is its focus on quality and transparency. All Spinny cars are thoroughly inspected by a team of experienced mechanics before they are put up for sale. It also offers a 7-day money-back guarantee and a 2-year warranty on all cars sold on its platform.

Another key differentiator for Spinny is its online-offline hybrid model. Customers can browse their inventory of cars online and then schedule an appointment to visit a car hub to inspect and test drive the cars they are interested in. Spinny’s car hubs are staffed by experienced sales consultants who can help customers choose the right car for their needs and budget.


Dunzo is a hyperlocal delivery service that was founded in 2015 by Kabeer Biswas, Mukund Jha, and Ankur Aggarwal. The company is headquartered in Bengaluru, India, and operates in over 20 cities across the country. Dunzo offers a wide range of services, including food delivery, grocery delivery, medicine delivery, and courier services. It has quickly become one of the most popular hyperlocal delivery services in India. The company’s success can be attributed to a number of factors, including its convenience, its wide range of services, and its competitive pricing.

One of the biggest advantages of Dunzo is its convenience. Users can simply download the app and place an order for whatever they need, and Dunzo will deliver it to their door within minutes. This is especially convenient for busy people who don’t have time to go to the store or pick up food themselves. In addition to food delivery and grocery delivery, It also delivers medicines, couriers, and even flowers. This makes Dunzo a one-stop shop for all of delivery needs.

Finally, Dunzo is very competitively priced. The company’s prices are often lower than those of its competitors, and it also offers a variety of discounts and promotions. This makes Dunzo a very affordable option for users.


ElasticRun is an e-commerce company that provides a wide range of products and services to small and medium-sized enterprises (SMEs) in India. The company was founded in 2013 by Sandeep Deshmukh and has since grown to become one of the leading B2B e-commerce players in the country.

ElasticRun operates on a marketplace model, where it connects buyers and sellers of a wide range of products, including grocery, consumer staples, pharmaceuticals, and other essentials. The company also provides a variety of services to its customers, such as last-mile delivery, warehousing, and credit financing.

ElasticRun’s target market is SMEs, which account for a significant share of the Indian economy. However, SMEs often face challenges in accessing quality products and services at competitive prices. ElasticRun’s platform addresses these challenges by providing SMEs with a one-stop shop for all their needs.


Polygon (formerly Matic Network) is a blockchain platform which aims to create a multi-chain blockchain system compatible with Ethereum. As with Ethereum, it uses a proof-of-stake consensus mechanism for processing transactions on-chain. The Matic Network was launched in 2017 by four Mumbai-based software engineers: Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. Polygon’s native ERC-20 token is named MATIC, which allows for compatibility with other Ethereum cryptocurrencies. It is used in decentralized applications (dApps) such as Defi, DAOs, and NFTs.


Kreditbee is a fintech company that provides instant personal loans to salaried individuals and self-employed professionals in India. It was founded in 2017 by Madhusudhan E and Karthikeyan K, The company is headquartered in Pune, Maharashtra, and has offices in Mumbai, Bangalore, and New Delhi. KreditBee offers a variety of personal loans, including instant loans, travel loans, and education loans. The company also offers a credit line facility, which allows customers to access a pre-approved loan amount whenever they need it. The loans are typically unsecured.


 Groww is an online investment platform in India that offers a variety of financial products, including stocks, mutual funds, ETFs, and IPOs. It was founded in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, and has since grown to become one of the most popular investment platforms in the country.

Groww is known for its user-friendly interface and its focus on making investing accessible to everyone. The platform offers a variety of features to help users make informed investment decisions, including comprehensive research reports, real-time market data, and investment calculators. It also offers a variety of educational resources to help users learn about investing, including blog posts, videos, and webinars.


Founded in 2015, BlackBuck is India’s largest trucking platform and a pioneer in bringing offline operations of trucking, online. It is the only player in India to bring end to end digital solutions for the trucking ecosystem. It’s a AI based freight marketplace to book trucks for transportation. It provides a web-based platforms that allows fleet operators to post loads and find carriers, make bookings, track and manage shipments using GPS. It connects shippers with fleet operators to locate the trucks and ship the goods. Data Science and Engineering is at the core of BlackBuck. With over 30 % of India’s truckers transacting on the platform, Blackbuck gathers huge data in terms of demand, preferred lanes, price etc.


slice is a new-age fintech company that offers a range of financial products and services to its customers. The company was founded in 2015 by Rajan Bajaj with the aim of making financial services more accessible and affordable for everyone. slice’s flagship product is slice super card, which is targeted towards young adults and millennials. The card is easy to apply for and does not require any credit history. It also offers a number of benefits, such as no annual fees, cashback on purchases, and a rewards program. In addition to the slice super card, slice also offers a number of other financial products and services, such as slice borrow (personal loans), slice UPI, and slice account, which is a prepaid account that customers can use as their secondary account, linked to the slice super card. The company also has a strong focus on financial literacy and education, and it offers a number of resources to help its customers learn about personal finance and make informed financial decisions. slice has been growing rapidly in recent years. The company has over 15 million registered users. It’s playing an important role in the digital transformation of the financial services industry. The company is making financial services more accessible and affordable for everyone, and it is also helping to educate its customers about personal finance.


Rapido is a bike taxi service that was founded in 2015 in Bengaluru, India. It has since expanded to over 100 cities in India and Indonesia. Rapido is a popular choice for commuters and travelers due to its affordability, convenience, and speed.

Rapido is easy to use. Riders can download the Rapido app and book a ride with just a few taps. Riders can choose from a variety of bike types, including single-seaters, double-seaters, and autos. Rapido also offers a variety of features, such as live tracking, fare estimation, and multiple payment options. It has had a significant impact on the transportation sector in India and Indonesia. It has made it easier and more affordable for people to get around. Rapido has also created jobs for thousands of people.


Rivigo is a new-age logistics company in India that has revolutionized the way goods are transported across the country. Founded in 2014 by three young entrepreneurs, it has quickly become one of the leading logistics players in India, with a network of over 20,000 trucks and 100+ hubs.

Rivigo’s unique value proposition is its focus on technology and innovation. The company has developed a proprietary trucking platform that seamlessly integrates with its customers’ supply chains, providing real-time visibility and tracking of shipments. This has helped Rivigo to achieve industry-leading on-time delivery rates and reduce costs for its customers.

Rivigo has also pioneered the use of relay driving in India. This system involves deploying two drivers per truck, who alternate driving every 4-6 hours. This allows Rivigo trucks to operate 24/7, significantly reducing transit times. Relay driving has also helped Rivigo to improve safety and reduce driver fatigue.

Ecom Express:

Ecom Express is a leading ecommerce logistics company in India. It was founded in 2012 by T.A. Krishnan, K. Satyanarayana and Manju Dhawan, and has since grown to become one of the largest logistics companies in the country. Ecom Express offers a wide range of services, including package pickup and delivery, warehousing, and order fulfilment. It also offers a variety of value-added services, such as cash on delivery (COD), reverse pickup, and same-day delivery. Ecom Express has a strong network of over 2,600 delivery centers and over 50,000 employees across India. This network allows the company to provide fast and reliable delivery services to its customers. It also has a strong focus on technology. It has invested heavily in developing and implementing innovative technology solutions to improve its efficiency and customer service. 

Ecom Express is a leading ecommerce logistics company in India that is committed to providing fast, reliable, and customer-centric services. The company has a strong network of delivery centers and employees and is always looking for ways to improve its services and meet the needs of its customers. Ecom Express is also a sustainable company that is committed to reducing its environmental impact.