Top 170 Startups in India 2023

Fibe:

Fibe, formerly known as EarlySalary, is a leading Indian consumer lending app catering to young, ambitious, and tech-savvy individuals. It serves as a financial ecosystem, empowering middle-income groups to enhance their lifestyles. Fibe offers a range of financial products, including short-term Instant Cash Loans, long-term Personal Loans, Buy Now Pay Later plans, and the SalaryCard. Its streamlined digital loan application process can be completed in mere seconds. The company has disbursed nearly 2.4 million loans, amounting to Rs. 5,400 crores.

Healthians:

Healthians stands at the forefront of healthcare innovation, providing individuals with a gateway to proactive health management through customized testing packages. Driven by a vision to transform preventive and chronic care, Healthians delivers a wide spectrum of diagnostic services, meticulously designed to align with each user’s specific needs and preferences.

Aye Finance:

Aye Finance is a Gurugram-based fintech startup that has emerged as a beacon of hope for India’s underserved micro enterprises. Since its inception in 2014, the company has diligently addressed the credit challenges faced by these businesses, providing over $410 million worth of credit loans to over 1,96,000 grassroots entrepreneurs. This remarkable feat has not only bolstered the financial well-being of these businesses but has also stimulated economic growth in underserved communities.

WOW Skin Science:

Founded in 2014, WOW Skin Science is a brand that is dedicated to creating safe and effective skin and hair care products that are inspired by nature. The company’s products are free from harmful chemicals and are dermatologically tested for safety. WOW Skin Science is committed to providing its customers with high-quality products that are both good for their skin and hair and good for the planet.

LoadShare:

LoadShare Networks is a rapidly expanding logistics company in India, boasting a comprehensive express and logistics network that spans the entire country. Their mission is to provide best-in-class industry solutions by empowering small and medium players (SMEs) with cutting-edge technology, in-depth domain expertise, and pan-India operations. LoadShare Networks stands out as a key enabler for regional logistics SMEs, providing them with the necessary technology and operational know-how to effectively serve shippers through a pan-India network of capable partners who possess deep regional expertise.

Smallcase:

In 2016, Smallcase emerged as a game-changer in the investment landscape, offering a unique platform that empowers individuals to create or invest in theme-based portfolios of stocks or exchange-traded funds (ETFs). This innovative approach broke away from the conventional options of investing in individual stocks or broad-based market indices. Smallcase pioneered theme-based investments, recognizing the potential for investors to align their investments with their interests and beliefs. Among its earliest themes were GST, affordable housing, and digital India – areas that resonated with investors seeking exposure to emerging trends and growth opportunities.

Fi:

Fi, a Bengaluru-based startup founded by Sujith Narayanan and Sumit Gwalani, is transforming the way people manage their finances. Partnering with RBI-licensed banks, Fi offers a seamless mobile banking experience that empowers users to open a savings account in just three minutes. At the heart of Fi’s philosophy lies a commitment to financial literacy and responsible investing. The platform provides users with personalized insights into their spending habits, helping them make informed decisions about their finances. Fi also offers a range of savings and investment options, tailored to suit individual goals and risk appetites.

OPEN:

Emerging in 2017, OPEN empowers small businesses with a comprehensive neo-banking platform, streamlining cash flow management, automating accounting, and facilitating easy access to credit lines. Beyond financial management, OPEN offers APIs for developers to seamlessly integrate banking and payments into their business processes. Onboarding 35,000 new SMEs and startups monthly, OPEN was recognized among the top 100 global fintech companies in 2019.

Arzooo:

In the dynamic realm of e-commerce, small retail stores often face an uphill battle against retail behemoths like Amazon and Flipkart. Recognizing this challenge, Arzooo has emerged as a beacon of hope, empowering over 50,000 medium and small retailers to compete effectively in the digital era. The platform eliminates the need for retailers to invest in large inventories, streamlining the procurement process and saving valuable time and resources. Additionally, Arzooo’s vast network of suppliers ensures that retailers have access to a wide range of electronics at competitive prices.

Cashify:

Cashify’s journey began in 2013 with a simple yet transformative concept: offering instant cash for used smartphones. By leveraging technology and establishing a network of local stores, Cashify has streamlined the reselling process, eliminating the need for time-consuming online listings or negotiations.

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