One for the believers: Which startups in India do you feel are going to make it really big? 🚀
Let's ignore what's wrong with startups, keep this an optimistic thread. Which startups make you excited about their future? The ones that have cracked product, GTM, model, or something else. Name the best Indian startups :)
To begin, I'd say: Razorpay, Swiggy/Zomato, UC are some that definitely stand out for me. I wish I could have been an early team member in any of these teams.
I also want to give a shoutout to Cred. I never imagined I'd say this, but that business has convinced me that taking the long, tough, burn-filled route can sometimes be worth it. Hear they're now doing about $100-200Mn in revenue and demonstrate a great growth rate.
I know takes are limited, but happy to hear more.
They’re slow indeed in being profitable
But I’m certain they’ll make it eventually
TurningBrain
Stealth
7 months ago
Which product lines in cred are generating revenue?
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BiryaniEnthu
Stealth
7 months ago
+1 ❤️
Noctus
Stealth
7 months ago
Grapevine 🍇 ftw
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Krish
Stealth
7 months ago
Atomberg or any other Indian company doing hardware stuff
+1 for this
I really believe in new age brands similar to Atomberg
RockOn
Stealth
7 months ago
Postman
Curious, why do you think so?
It has become a bloated mess and I hate using it
NoisyGuy53
Stealth
7 months ago
i think revenue wise they are doing good. at least this is what is heard commonly in the tech scene in bangalore
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bruh7
Stealth
7 months ago
Ultra human. Health tech startups focused towards the top/middle class band gonna make tons of money and then have a potential exit to the medical cos. Good business once you are over the initial boring period
Very big "if" in my opinion.
I've looked at them closely and they have a fundamental problem where anyone outside their niche of fitness freaks is simply not [a] motivated and [b] willing to pay for the kind of products they make. They might be able to fix [b] over years (IF they manage to survive this degree of burn), but [a] is incredibly hard to fix.
They need a more relatable value prop to move volume and make the upper middle class buy their products. High prices + no mass market PMF = zombie start-up in my opinion.
Messi
Stealth
7 months ago
in wat way?
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Sprinto, very underrated and low key, but already top 3 globally in its industry.
Doing double digit millions in ARR, strong GTM in the US, operating in a $30B market which will 2.5x in the next five years.
My personal bet would be on 2 companies
1. Swiggy
2. Rapido
The innovation culture is pretty good at Swiggy and it is trying to diversify as well. Some of the recent business line at Swiggy have shown good growth and hopefully will continue on the positive trajectory.
Rapido , I am not sure why - may be I was one of their first customers when they launched ( interesting story , I was their customer no #2 in Noida back then ) . Have seen them growing very fast and as I heard , they are already on the path to beat Ola and Uber bikes.
Kamlesh
Stealth
7 months ago
TAC (the ayurveda co) and a few other shark tank startups into manufacturing and d2c
One or two drone/robotics startups (don't remember names)
Porter
Unocoin
Mygate
Others that you mentioned in your comment
@Rorschach why TAC specifically? Curious..
Use their body lotion, it’s nice.
Kamlesh
Stealth
7 months ago
I've used their shampoos and other products, very good quality that they have managed to maintain over the years. And their revenue is pretty high too, recently funded as well. Team is solid and seems poised for mass market growth.
Infra companies such as Razorpay. High, daily demand, services which have been productised such as Swiggy, Zomato, UC. Much like some others have posted here.
I also believe Pine Labs, mswipe and the likes are super interesting long term businesses.
Zerodha, hands down in investment tech. I dont think anyone else comes close to their scale, profitability and efficiency.
Consumer goods, someone else mentioned - Atomberg. I would add GIVA, Third Wave, DailyObjects.
Logistics - I would say shiprocket, delhivery have stuck it out to reach where they are.
I believe there are a lot in software. But only freshworks and zoho come to mind since they are at outcome stage. Would love to hear from others!
Atlan
It is a data platform, similar to Alation. They started out with projects for the social good when helping GoI, UN, Bill & Melinda Gates Foundation etc. The DISHA dashboard which tracks government projects is done by Atlan.
Now their B2B offerings are stronger.
Mysteriously there's no one from Atlan in GV. Like whats the work culture, etc data not there.
PolarBear
Stealth
7 months ago
Perplexity is indian ? I understand the founder is indian but they have zero employees in India based of their linkedin page.
Yes, founder Aravind Srinivas is Indian and they employ Indians at Bay area currently.
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