5 Potential Western Startups That Have Set Foot On Indian Soil


BANGALORE: Jun Lei, Co-founder and CEO of Xiaomi testified with firm belief that India is headed to become the largest overseas market. Xiaomi‘s foyer into the Indian vend led to an outburst in its revenues that soon posed a threat to global brands like Samsung and home-grown majors, Micromax.

Lei’s comment points out the significance of the Indian market for companies to boost their revenues and overall market shares. Evidently, India has given light to the statement with the arrival of cross-border startups a Zoom, a VCs-backed self-drive car rental booking platform started by two U.S. entrepreneurs. The coming of Europe and other Americas startups have also outperformed in the Indian sector.

Here are the top five Western startups that can have potential success on the Indian soil, reports ET.

Bla Bla Car

The online car pooling startup that surfaced in France began its venture in India, 2015. This community marketplace links drivers with empty seats to co-travelers in need of long distant rides. They have gained over 10 million members across 14 countries which include Spain, Italy, Netherlands, Poland, Portugal, Turkey, and UK.

The startup platform gathers over two million members every month while its app has generated more than five million downloads across iOS and Android devices. Backed by Accel Partners and European VC firm Index Ventures it primarily competes with home-grown companies like RideInSync, Carpooling.in, and Ridingo, and Brazil’s Tripda.

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