Top 20 Startups From Bangalore In 2024
The startup ecosystem in Bengaluru stands out for its uniqueness and vibrancy. Over the years, the city has become a hub for numerous successful startups, many of which have reached billion-dollar valuations. If you're considering starting your own business or are simply interested in learning about the rapidly growing startups in Bengaluru, here is an extensive list of ten noteworthy startups founded in the city.
1) Razorpay
Razorpay is a comprehensive platform that handles payment acceptance, processing, and disbursement for businesses.
- Founded: 2014
- Founders: Harshil Mathur, Shashank Kumar
- Industries: Financial Services, FinTech, Payments, Software
- Employees: 1001-5000
- Funding: $366.6 million across 7 rounds
- Investors: 29, including Sequoia Capital India, Ribbit Capital, Kunal Shah, GIC, Tiger Global Management
2) BigBasket
BigBasket is a leading online grocery and meal delivery service, offering a wide range of personal and household items delivered straight to customers' doors.
- Founded: 2011
- Founders: Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Sudhakar, VS Ramesh
- Industries: Delivery, E-Commerce, Grocery, Retail
- Employees: 5001-10000
- Funding: $1.12 billion across 17 rounds
- Investors: 17, including Bessemer Venture Partners, Alibaba Group, International Finance Corporation, Paytm Mall, Sands Capital Ventures
3) Unacademy
Unacademy is an online learning platform that provides educational content such as video lectures and practice exams.
- Founded: 2015
- Founders: Gaurav Munjal, Sachin Gupta, Hemesh Singh, Roman Saini
- Industries: E-Learning, EdTech, Education, Training
- Employees: 251-500
- Funding: $398.5 million across 11 rounds
- Investors: 36, including Facebook, SoftBank Vision Fund, General Atlantic, Sequoia Capital India
4) Licious
Licious offers an online service for ordering fresh meat and seafood, managing the entire supply chain from sourcing to delivery.
- Founded: 2015
- Founders: Abhay Hanjura, Vivek Gupta
- Industries: Delivery Service, E-Commerce, Food and Beverage, Food Delivery
- Employees: 1001-5000
- Funding: $158.6 million across 7 rounds
- Investors: 20, including Vertex Ventures, Mayfield Fund, InnoVen Capital, 3one4 Capital, Bertelsmann
5) CRED
CRED is a members-only platform for managing credit cards and paying bills, rewarding users for timely payments.
- Founded: 2018
- Founder: Kunal Shah
- Industries: Credit Cards, Financial Services, FinTech, Payments, Personal Finance
- Employees: 251-500
- Funding: $471.2 million across 6 rounds
- Investors: 28, including General Catalyst, DST Global, Sequoia Capital India, Ribbit Capital, Greenoaks Capital
6) Groww
Groww is an innovative investment platform that offers stockbroking as well as direct mutual fund services.
- Founded: 2017
- Founders: Harsh Jain, Lalit Keshre, Ishan Bansal, Neeraj Singh
- Industries: Financial Services, FinTech, Funding Platform, Impact Investing
- Employees: 251-500
- Funding: $142.3 million across 6 rounds
- Investors: 16, including Sequoia Capital India, Ribbit Capital, Tiger Global Management, Y Combinator, Insignia Ventures Partners
7) Jumbotail
Jumbotail is an online marketplace designed to simplify the process of buying groceries and food.
- Founded: 2015
- Founders: Ashish Jhina, Karthik Venkateswaran
- Industries: E-Commerce, Food and Beverage, Grocery, Marketplace, Retail
- Employees: 101-250
- Funding: $55.3 million across 8 rounds
- Investors: 20, including Kalaari Capital, Nexus Venture Partners, Capria Ventures, Alteria Capital, Hedgewood
8) slice
Slice is India's premier credit card challenger, offering bill payment, finance management, and quick rewards.
- Founded: 2016
- Founders: Deepak Malhotra, Rajan Bajaj
- Industries: Banking, Financial Services, FinTech, Lending, Payments
- Employees: 251-500
- Funding: $53.7 million across 8 rounds
- Investors: 20, including Kunal Shah, Northern Arc, InCred, AU Small Finance Bank, Vivriti Capital
9) InMobi
InMobi specializes in mobile advertising, providing an ad-serving algorithm that optimizes the ranking of mobile advertisements.
- Founded: 2007
- Founders: Abhay Singhal, Piyush Shah, Amit Gupta, Mohit Saxena, Naveen Tewari.
- Industries: Advertising, Digital Media, Marketing, Mobile
- Employees: 501-1000
- Funding: $320.6 million across 7 rounds
- Investors: 6, including Kleiner Perkins, Mumbai Angels, SoftBank Capital, Tennenbaum Capital Partners, Lightbox
10) Dunzo
Dunzo is a hyper-local delivery app that connects users with the nearest delivery partner for various needs.
- Founded: 2015
- Founders: Ankur Aggarwal, Dalvir Suri, Mukund Jha, Kabeer Biswas
- Industries: Delivery, E-Commerce, Mobile Apps
- Employees: 1001-5000
- Funding: $128.4 million across 15 rounds
- Investors: 24, including Google, Greyhound Capital, Lightrock, Blume Ventures, Alteria Capital
11. BYJU’S
BYJU'S stands as a leading educational technology company, offering personalized learning programs for students from kindergarten to 12th grade. Founded in 2011 by Byju Raveendran and Divya Gokulnath, the firm operates in the e-learning and EdTech sectors. It boasts over 10,001 employees and has raised a substantial $2,745,964,432 through 18 funding rounds, supported by 38 investors, including Silver Lake, Tencent, and BlackRock.
12. Cashfree
Cashfree is an innovative payments and banking technology firm that facilitates online payment collection and disbursement for businesses. Established in 2015 by Akash Sinha and Reeju Datta, the company operates within the finance and FinTech industries, employing between 251 and 500 people. It has secured $40,920,000 in funding over four rounds, with support from six investors such as Y Combinator and Apis Partners.
13. MediBuddy
MediBuddy offers a digital healthcare platform providing comprehensive services including inpatient and outpatient care, as well as corporate wellness programs. Founded in 2000 by Satish Kannan, the company operates in the healthcare and medical sectors, employing 1,001 to 5,000 people. MediBuddy has raised $67,132,379 across five funding rounds, with 12 investors like Bessemer Venture Partners and InnoVen Capital backing the company.
14. Capital Float
Capital Float is an online lending platform that provides working capital to small and medium-sized enterprises. The company was founded in 2013 by Gaurav Hinduja and Sashank Rishyasringa. Operating in the B2B and FinTech sectors, Capital Float has a workforce of 51 to 100 employees. It has attracted $150,417,120 in funding through 11 rounds, supported by 12 investors, including Sequoia Capital India and Ribbit Capital.
15. Rapido
Rapido is an app-based bike taxi service that also offers logistics solutions, allowing users to share their rides. Launched in 2015 by Aravind Sanka, Pavan Guntupalli, and Rishikesh SR, Rapido operates within the public transportation and mobile app sectors. It employs between 1,001 and 5,000 people and has raised $121,996,807 in funding over nine rounds from 32 investors, including Nexus Venture Partners and Shunwei Capital.
16. YourStory
YourStory.com is a digital media platform that highlights India's entrepreneurial ecosystem. Founded in 2008 by Shradha Sharma, the company focuses on the information technology and publishing industries. With 101 to 250 employees, YourStory has garnered $8,469,522 in funding over three rounds, supported by six investors including Qualcomm Ventures and Kalaari Capital.
17. Practo
Practo is a health-tech platform that allows users to book appointments, consultations, and check-ups with healthcare providers. Founded in 2008 by Abhinav Lal and Shashank ND, Practo operates in the health care and medical sectors, employing 5,001 to 10,000 people. The company has secured $228,246,376 in funding across seven rounds, with 14 investors including Tencent and Sequoia Capital India.
18. NiYO Solutions
NiYO is a FinTech startup focused on providing salaried employees with access to financial services and business benefits. Established in 2015 by Virender Bisht, the company operates within the finance and FinTech sectors, with a team of 11 to 50 employees. NiYO has raised $49,200,000 in funding over three rounds, backed by five investors such as Tencent and Social Capital.
19. Locus.sh
Locus is a logistics automation platform that leverages intelligent decision-making to optimize operations. Founded in 2015 by Geet Garg and Nishith Rastogi, the company operates in the logistics and software industries, employing 251 to 500 people. It has raised $78,750,000 in funding over six rounds, supported by 25 investors including GIC and Tiger Global Management.
20. KreditBee
KreditBee is a digital loan platform designed to help young professionals manage their finances. Founded in 2018 by Karthikeyan Krishnaswamy, Madhusudan Ekambaram, and Wan Hong, the company operates within the financial services and FinTech sectors, employing 1,001 to 5,000 people. KreditBee has raised ₹11,117,000,000 in funding across three rounds, with support from seven investors such as PremjiInvest and Arkam Ventures.
These startups exemplify Bengaluru's dynamic and innovative entrepreneurial landscape. Whether you're an aspiring entrepreneur or simply intrigued by the rapid growth of startups in Bengaluru, these companies highlight the city's robust startup ecosystem.