Top 100 Startups in India 2023


Established in 2013 by Gaurav Hinduja and Sashank Rishyasringa, axio, formerly Capital Float, has swiftly emerged as a prominent force in India’s SME financing industry. This consumer finance company provides a unified brand experience encompassing pay later, credit, and personal finance management solutions. Driven by a mission to democratize credit access, axio harnesses technology to deliver cutting-edge financial products to millions of individuals across India, including a significant segment of traditionally underserved consumers. The company’s innovative business model and commitment to SMEs are helping to drive the growth of the Indian economy. Axio is a true fintech leader and is likely to become a leading financial institution in India in the years to come.

Niyo Solutions:

NIYO is a Bengaluru based fintech startup that offers digital banking solutions such as prepaid payroll cards, cross-border travel payment debit cards and multi-wallet tax benefit cards to customers. Founded in 2015, NIYO operates as a neo-bank or challenger bank and offers digital banking products and services through partnerships with banks. Niyo is present in more than 30 cities across India with an employee strength of over 10000 across different cities. Niyo has a retail customer base of over 1.3 million and enterprise customer base of over 6000. The company’s products include the Niyo Bharat card which is a zero-balance account, a Niyo taxsaver card and Niyo Global Account.


Jumbotail, a wholesale and food grocery platform, offers comprehensive support to kirana stores, covering storefront delivery, payments collection for sellers, and access to payment solutions and working capital credit from third-party providers. Utilizing transactional data and proprietary algorithms, Jumbotail’s fintech platform empowers kirana store owners. Moreover, Jumbotail adopts a retail-as-a-service model, seamlessly integrating its PoS system with its supply chain and fintech platform, enabling mom-and-pop entrepreneurs to effectively manage their convenience retail stores.


Wakefit, a home and sleep solutions company driven by research and innovation, was established in 2016 by Ankit Garg and Chaitanya Ramalingegowda with the aspiration to become India’s most beloved home solutions brand. Their ever-growing product range encompasses mattresses, pillows, bed frames, mattress protectors, comforters, bedsheets, back cushions, sofas, coffee tables, shoe racks, lighting, and décor, all manufactured in-house. Wakefit reaches customers across the country through its own online portal and various online marketplaces.


Money View, a digital platform for financial products headquartered in Bangalore, India, was established in August 2014 by Puneet Agarwal. Initially focused on providing a Personal Financial Management solution, the company expanded into digital lending in November 2016. Money View app provides instant personal loans of up to Rs. 5 Lacs through its digital loan platform. Users can apply using the app and receive an immediate decision on the loan amount and terms. Money View has disbursed loans to users in over 500 cities and towns.


Headquartered in Bengaluru, Shadowfax provides tech-enabled one stop delivery solutions. Their application enables delivery of food, pharmacy and e-commerce for businesses and helps them create customer delight using technology. It is India’s largest on-demand crowdsourced 3rd party logistics platform. The only B2B2C platform with capabilities to serve multiple end-customer categories – Hyperlocal, e-commerce and reverse logistics via a single platform. Shadowfax deploys tech-enabled solutions like ML and AI to offer supply that keeps pace with demand in the fast-growing and challenging last-mile ecosystem, ensuring a wonderful end-user experience. With a network of delivery centers in 1500+ cities, covering 12000 + pin codes, Shadowfax is a one-stop solution for merchants to deliver to customers.

Tata 1 mg

Tata 1mg, previously 1mg, is a healthcare platform based in Gurugram, India. It provides services, including e-pharmacy, diagnostics, e-consultation and health content. It was founded in April 2015 by Prashant Tandon, Gaurav Agarwal and Vikas Chauhan. The company’s mission is to make healthcare accessible, understandable, and affordable for one billion Indians through a comprehensive website and mobile app. 1mg enables consumers to learn more about their medicines in addition to finding more cost-effective substitutes.

Pristyn Care

Pristyn Care, a leading healthcare provider, has set the bar high by developing a robust and innovative technology ecosystem that prioritizes patient safety at every stage of their medical journey. Launched in August 2018 by co-founders Harsimarbir (Harsh) Singh, Dr. Vaibhav Kapoor, and Dr. Garima Sawhney, Pristyn Care has established itself as a leader in secondary care surgeries. Their team of 400+ expert surgeons performs advanced procedures for over 50+ diseases, and their presence extends across 40 cities and towns. Their unique differentiator lies in providing each patient with a 24/7 Personal Care Buddy.


Oxyzo is a leading non-banking financial company (NBFC) in India that provides customized credit solutions to small and medium-sized enterprises (SMEs). Founded in 2017 by Ruchi Kalra and Asish Mohapatra. Oxyzo is a company that is making a real difference in the lives of SMEs in India. The company is committed to empowering small and medium enterprises to evolve into large-scale entities, It provides customized credit solutions that foster business expansion, revenue growth, and consequently, improved profit margins. Oxyzo is a true unicorn in the making and is likely to become a leading financial institution in India in the years to come.


MediBuddy provides a wide range of services including online doctor consultations, booking lab tests and diagnostics, delivery of medicines and healthcare products, and health insurance. In addition to its online services, MediBuddy also has a network of over 10,000 healthcare providers across India. The company partners with leading hospitals, clinics, and diagnostic centers to provide a comprehensive range of healthcare services. It is poised to continue to grow and revolutionize the Indian healthcare industry in the years to come.