Top 120 Startups in India

AMAGI:

Amagi is a cutting-edge media technology company specializing in cloud-based broadcast and targeted advertising solutions for both traditional TV and streaming platforms. Their services empower content owners to launch, distribute, and monetize live linear channels on Free-Ad-Supported TV and video platforms. With 24×7 cloud managed services, Amagi brings simplicity, advanced automation, and transparency to the entire broadcast operation process. Currently, they support over 650 content brands, manage 800+ playout chains, and deliver content to over 2000 channels across more than 40 countries. Amagi has a global presence with offices in New York, Los Angeles, Toronto, London, Paris, and Singapore, along with broadcast operations in New Delhi and an innovation center in Bangalore.

GoKwik:

GoKwik, a data and technology-driven facilitator, is constructing a comprehensive solution suite for eCommerce and direct-to-consumer (D2C) brands, aiming to catalyze their business growth. Committed to democratizing the shopping experience, GoKwik empowers eCommerce brands to enhance customer experiences throughout the shopping journey, elevating conversion rates and driving revenue growth. The platform addresses industry pain points such as Cash on Delivery (COD) Return to Origin (RTO) and assists brands in managing RTO challenges while supporting COD as a payment option.

With its latest addition, KwikChat, GoKwik tackles low Return on Investment (ROI) on marketing campaigns through over 30 WhatsApp use cases, including abandoned cart recovery, click-to-WhatsApp ad campaigns, and headless checkout. One in three shoppers already engages with the GoKwik network, benefiting over 500 brands by facilitating business scale with increased Gross Merchandise Value (GMV) realization and profit margins.

At the helm are Chirag Taneja (Co-Founder and Chief Executive Officer), Vivek Bajpai (Co-Founder and Chief Technology Officer), and Ankush Talwar (Co-Founder and Chief Data Scientist). GoKwik is supported by investors such as Sequoia Capital, Matrix Partners India, RTP Global, and Think Investments.

 The GoKwik team brings extensive eCommerce expertise, with members having prior experience at leading companies such as Flipkart, Razorpay, Swiggy, Myntra, Nykaa, and more.

KABIRA MOBILITY:

Founded in 2017 by a team of passionate engineers in Goa, Kabira Mobility is a rapidly growing electric vehicle startup. Committed to transforming urban transportation, the company unveiled its flagship electric bikes, the KM3000 and KM4000, in February 2021. Boasting cutting-edge technology and user-friendly features, these bikes are among India’s fastest and offer impressive range. Kabira Mobility focuses exclusively on advancing the electric bike segment, emphasizing technological innovation and product development. In a significant move, the company secured $50 million in Series A funding from Al-Abdulla group Qatar in February 2023. This funding is earmarked for expanding deliveries and manufacturing infrastructure, as well as increasing the brand’s dealer presence nationwide.

SUN MOBILITY:

SUN MOBILITY envisions making electric vehicles accessible and economical for everyone. Established as a collaboration between the Maini Group and SUN Group, co-founded by Chetan Maini (the creator of India’s first electric car, Reva) and Uday Khemka (Vice Chairman of the SUN Group), the company is dedicated to propelling the future of mobility through its innovative battery swapping technology. This technology is designed to be universally interoperable, ensuring compatibility across diverse vehicle platforms and form factors, emphasizing sustainability and scalability.

SUN Mobility believes in the transformative potential of electric vehicles and seeks to expedite their adoption. With state-of-the-art Smart Batteries and a widespread network of IoT-enabled Swap Points, concerns about EV charging times and range anxiety become obsolete. The company’s unique battery subscription model, which separates batteries from vehicles, addresses challenges such as high upfront costs and long charging times, contributing to the resolution of range anxiety.

Their battery swapping services not only surpass traditional EV charging in speed and convenience but also align with environmental sustainability. Collaborating with leading vehicle manufacturers, battery cell technology providers, fleet operators, ride-sharing entities, and last-mile transport operators, SUN Mobility stands at the forefront of the electric vehicle revolution.

FloBiz:

Established in 2019 by alumni from IIT and BITS, FloBiz stands out as a neobank catering to SMBs, with significant backing from notable investors such as Sequoia Capital, Elevation Capital, Greenoaks Capital, Beenext, and Think Investments. Their innovative products and solutions redefine business operations for small and medium enterprises through strategic use of technology.

At the forefront of FloBiz’s offerings is myBillBook, a flagship product designed to empower small- and medium-sized businesses by digitizing invoicing, streamlining accounting processes, and automating enterprise workflows. This comprehensive GST billing and accounting solution, tailored for ambitious SMB owners, supports multiple languages including Hindi, Gujarati, Tamil, and English. With a user base exceeding a million monthly active users, myBillBook facilitates SMBs in recording transactions surpassing $1 billion every month.

BATTERY SMART:

Battery Smart, headquartered in Delhi, operates a network of EV-battery swapping stations catering to electric three-wheeler rickshaws and two-wheelers. The platform offers subscription-based access to cutting-edge Li-ion batteries for e-rickshaws. Drivers can conveniently exchange a discharged battery for a fully charged one at any of the company’s partner swapping stations, ensuring seamless operation of their business. Battery Smart not only facilitates this efficient energy swap but also endeavors to enhance the livelihoods of e-rickshaw drivers, with a commitment to doubling their daily earnings.

Sea6Energy:

Located in Bangalore, India, Sea6 Energy specializes in the cultivation and processing of tropical seaweed species. The company stands out for its innovative SeaCombine, a proprietary cultivation mechanism that allows for simultaneous harvesting and replanting of seaweed in deep ocean waters, ensuring cost-competitive large-scale production. Sea6 Energy has also pioneered proprietary technologies to transform fresh seaweed into eco-friendly products serving various industries such as agriculture, animal health, food ingredients, bioplastics, and renewable chemicals. Recognizing its achievements, the Government of Karnataka bestowed the title of “Emerging Company of the Year” upon Sea6 Energy in 2012.

1K KIRANA BAZAR:

Founded in 2018 by Kumar Sangeetesh and Sachin Sharma, former employees of BlackBuck, along with Abhishek Halder, an IIM-Ahmedabad graduate, Gurugram-based 1K Kirana Bazaar (also known as 1K) collaborates with unorganized kirana stores. The startup facilitates the establishment of both online and offline capabilities for these stores, enhancing retail services and sourcing efficiency. Currently, 1K Kirana Bazaar boasts expansion to 150 touchpoints and serves approximately 100,000 customers. Operating with a model similar to Bengaluru-based Gully Network, the Gurugram-based kirana store facilitator partners with mid-size retail stores in Tier I and II cities, offering comprehensive solutions, including inventory management. In the competitive landscape, 1K Kirana Bazaar contends with digital solution providers like Shoopy and Neo Dove, backed by India Quotient, among others.

MAGENTA MOBILITY:

Magenta stands as an integrated platform in the realm of electric mobility, EV charging, and EV technology, dedicated to the nationwide mission of ‘Electrify and Decarbonise Freight Transportation.’

With a robust fleet exceeding 800 Cargo 3-wheeler electric vehicles operational in Bengaluru, Mysuru, Delhi NCR, Mumbai, and Hyderabad, Magenta is set to extend its integrated services across the country.

Magenta is actively shaping an electric ecosystem catering to various industries, including e-commerce, FMCG, FMCD, Pharmaceuticals, Food, Courier & Logistics. Noteworthy clients in Magenta’s portfolio encompass major e-commerce giants such as Amazon, Flipkart, Bigbasket, Porter, Udaan, and others, showcasing its commitment to last-mile clean mobility. The platform also fosters strong partnerships with electric vehicle manufacturers, solidifying its role as a trusted partner for businesses keen on sustainability and cost-effectiveness.

Anchored in cutting-edge full-stack software technology, Magenta has implemented a connected Fleet Management System for its EV delivery and logistics services, ensuring unparalleled efficiency.

As a Series A funded company, Magenta enjoys backing from distinguished investors like HPCL, bp, Morgan Stanley, JITO Angel Network, and the notable Indian American philanthropist, Dr. Kiran Patel.

EVage:

EVage, a pioneering all-electric commercial vehicle OEM in India, seamlessly blends automotive design with aerospace engineering to revolutionize the mobility sector. Innovations like a modular single skateboard, a robust exoskeleton using space-grade materials, and high-performance batteries are crafted in our efficient Modular Micro Manufacturing facility. Our ‘Exoskeleton Structure’ forms a cost-effective foundation for SUVs, vans, delivery vehicles, and trucks. With a team of 50 experts in aeronautics and automotive fields at our R&D center in Punjab, India, we’ve amassed 20 patents and conducted successful pilots with leading FMCG, retail, e-commerce, and logistics companies after eight years of dedicated research and development.

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