With about 4,200 startups, the Indian startup scene is the third worldwide, after US and UK. With IT hubs like Bangalore’s and a number of startups expected to nearly quadruple from 3,100 in 2014 to over 11,500 by 2020, India is one of the few hubs that are likely to outperform Silicon Valley in the near future. Besides 7 unicorns, many smaller startups are growing under the media radar in this thriving ecosystem. We believe they deserve to be discovered, and, who knows, maybe one day become the champions of the world economy! So that why we came up with this Top 10 Indian Undiscovered Startups list.
Why these companies?
Out of the 500+ startups that applied for this selection, these companies displayed exceptional performance on important success factors – strength of the team, size of the opportunity, competitive environment, etc. Most competitions are biased towards companies that reached the largest number of milestones. We tried to avoid this bias, and reward companies on abnormal performance no matter their development stage.
So here it is, the Top 10 Indian Undiscovered Startups:
|1| We do sky
WeDoSky is an aerial data science company that uses UAVs to capture and process visual intelligence from the sky. The actionable data generated by their cloud platform visualAI.io is revolutionizing decision making processes in the Energy, Infrastructure and Agriculture sectors and helping them save both time and money. Get more information on them at www.wedosky.com
|2| Get my parking
Get My Parking is a smart parking startup that has quickly become the domestic market leader. It uses IOT to digitise every type of parking with or without sensors and provides solution to every stakeholder: Citizens (mobile apps to search, book and pay for parking); Government (enforcement tool & dashboard); Parking contractors (business control). Get more information on them at www.getmyparking.com
Russsh is an on demand delivery service offering first mile and last mile solutions to individuals and businesses. Founded in 2012 we are currently live in Mumbai, Thane and Navi Mumbai and have helped over 30,000 clients. Get more information on them at www.russsh.com
DAZL is a smart IoT device that works with stylish fashion accessories to deliver location based safety alerts to your loved ones in one click and a range of customised notifications with a buzz. DAZL aims to enhance the work and social lives of women with safety, convenience, seamless connectivity by combining fashion, technology, big data and community engagement. Get more information on them at www.dazl.io
MedRollers is a paperless hospital Information system. We analyzed mistakes and pitfalls of other software systems and tried to understand their failure. We found that mediocrity and cumbersome nature of other systems led to a low adoption rate. Everyone wants things to be simple, clean and intuitive. Get more information on them at www.medrollers.com
KrypC provides enterprise ready solutions and services for businesses keen on adopting Blockchain technology. KrypC’s protocol agnostic workbench – KrypCore, helps implement Blockchain quickly with near zero coding effort and minimal Blockchain knowledge to reap the maximum benefits of this tech. Get more information on them at www.krypc.com
|7| Edge Networks
EdGE Networks is an Artificial Intelligence driven HR technology solutions provider focused on helping organizations solve their toughest talent acquisition and workforce optimization challenges. Recognized as ‘Cool Vendor’ by Gartner and NASSCOM Emerge50 2016 – League of 10, our mantra is to make ‘Right person for the Right job’ a reality. Get more information on them at www.edgenetworks.in
|8| Square Yards
Square Yards is a technology-enabled transaction and aggregator platform for global real estate. Founded in 2013 and growing at a scorching pace, Square Yards is already the #1 pan-India distributor by revenues for the primary residential real estate in India, and it enjoys a virtual monopoly in the NRI markets. Get more information on them at www.squareyards.com
Kataak is world’s 1st live home designer. A user can create trillions of design combinations, check product details and price on the dynamic price
RobusTest is a software platform which empowers businesses to test their app faster and better at a lesser cost compared conventional alternatives. It achieves this by helping organizations leverage their existing workforce to create advance automation tests, run them in parallel on multiple devices and get detailed insights into app quality. Get more information on them at www.robustest.com
The article is written by Giulia Girardi from Equidam. Giulia did her masters in Marketing from Bocconi University, she followed her passion for startups and growing companies. At Equidam, she applies it to the connection with the thousands of companies that the company serves, trying to help them grow and flourish.
Equidam is the leading online valuation platform worldwide. More than 20.000 companies in 78 countries use Equidam to calculate, display and negotiate their valuation. Its algorithm combines the most used 5 valuation methods and benchmarks information with aggregated data across several industries to provide accurate valuations at 1/10 the time of a standard valuation service. Read more articles on Top 10 Startups.