Top 5 Most Promising Start-ups in India 2018
Ever since governments around the world started supporting startups through government-led initiatives, there has been a great revolution in the startup scene. India is one of the top markets when it comes to attracting startup investors from both local and foreign scenes. In recent years, the country has boosted policies that are business-friendly. There are now more startups coming up in India than ever before. Many of these startups are truly revolutionary. In 2018, there are a number of notable startups in India that are doing tremendously well in the industry. The following are the top 5 most promising startups in India this year.
India is known for its vibrant medical scene. Despite the achievements the country has made though, there is still space for innovators to get involved in the market. Healthians is a startup that is shining a light on some of the areas in the health industry that have not gotten much attention. The startup focuses on wellness and diagnostics. Through the online platform that the startup has, people can be able to perform simple medical tests at home thus accessing quick relief from ailments. The startup was founded in 2014 by Deepak Sahni. The startup has performed well over the time it has been around. It has grown to include hundreds of employees and it has fantastic technology behind it.
The Indian financial services sector is still growing steadily. Zerodha is a startup whose mission is to drive and be part of this growth. The financial services company provides various kinds of services. Retail and institutional broking, equity investments and commodities and currency trading are some of the services it supports. The startup was founded in 2010 by Nithin Kamath. As the founder reckoned, the objective of starting this company was to make the tools of trade available easily to Indians. The startup already has a mobile trading platform and it supports various markets. Traders using the startup's products will also be able to learn about forex management tips among other financial matters.
3. Emflux Motors
This startup is one of those that have expressed interest in the motorcycle industry. Emflux showcased their prototype in Auto Expo 2018 and now they are testing their prototype with all the design and technology developed in-house which includes Motor, Motor controller, BMS, Battery pack, Master controller, Charger and EVSE and the end product is expected to be a strong competitor in the 600-800cc market. According to the startup, the Emflux ONE will have a top speed of 200 kmph and a range up to 200 km with cruising acceleration of 0-100 in 3.0 secs. Moreover, the bike provides a connected experience to the rider owing to its features like Navigation, On Board Camera and Reverse Mode for Parking Assist.
In the travel business, you will find many startups. Not many of them are doing what Ixigo is doing though. This startup is a tour planning solution. It has a platform that allows users to compare deals in the travel industry. Hotels, flights, trains, and various travel packages are supported by the platform. The platform has a website that can do all these tasks and much more. The startup is definitely one of those that are innovating and providing much-needed solutions to travelers. Already, the startup has attracted millions of users. It also has backing from various companies who have invested in it.
Hotstar is a formidable player in the entertainment industry. This digital and mobile entertainment platform was launched about three years ago, in 2015 and it has grown tremendously. The startup is owned by Novi Digital Entertainment Private Limited. Over the years, the company has grown to offer tens of thousands of hours of content. The startup has revolutionized the market since it offers a wide range of entertainment products. Being part of Star India Private Limited, the company is well versed with the entertainment industry. The startup, therefore, has great prospects for the future.
There are indeed many startups popping up in the country every year. The market has opened up in recent years and various investors have ventured in the industry. The above startups are undoubtedly the most promising for 2018. These startups are changing the respective industries where they operate.
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