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Top 10 Indian startups to watch in 2022

Top Startups | 6th June , 2022

Figures show that Indian startups have exploded in recent years, with a total investment of $6.6 Billion in the industry in 2018, raising to $10 Billion in 2020 and in 2021, raising all the way up to $36 Billion. This shows that there are a lot of top startups in India, owing to this VC presence, the strength of entrepreneurship in the country and the fact that the Indian economy is rapidly growing, giving a great foundation for Indian startups to thrive

1.Trade X

Year Founded: 2021

HQ: New Delhi, India

Size: 1-10

Founders: Divij Goyal, Ankit Shrivastava

TradeX is an Indian startup that was founded in 2021 and is currently based in New Delhi, India. The company operates in the fintech market and provides its users with a market trading platform that uses predictions to help users to make trades based on opinions that matter to them and they can earn rewards for correct predictions.

Since the company was founded, it has gone through a Seed Funding round, which was worth 70 Million Indian Rupees. This funding round and the total investment was supported by a group of nine investors that are hoping that TradeX will a force to be reckoned with for years to come.

2.Ippopay

Year Founded: 2020

HQ: Chennai, India

Size: 11-50

Founders: Jai Kumar, Mohan Karuppiah, Thangaraj Sofiya

IppoPay is a startup in India that was founded in 2020 and is currently based in Chennai, India. The company makes its money through the provision and deployment of digital payment gateways that make it easy for SMEs, freelancers and home-based businesses to take payments, the most important part of the business.

Since the company was founded, it has gone through a pair of funding rounds, with one in 2021 and another in 2022. These funding rounds were supported by a group of seven investors, which ultimately resulted in IppoPay raising a figure of $2.4 Million to help it with the next stage of its growth and development.

3.Refyne

Year Founded: 2020

HQ: Bengaluru, India

Size: 11-50

Founders: Apoorv Kumar, Chitresh Sharma

Refyne is an Indian startup that was founded in 2020 and is currently based in Bengaluru, India. The company itself makes its money through the provision of a platform that allows employers to release Earned Wage Access to their employees, which helps to prevent stress and improve the financial literacy of those that are employed by Indian companies.

The company has done very well in terms of attracting investment support, with funding rounds in 2020, 2021 and 2022. These funding rounds have attracted the attention of a group of eight investors that have pledged a mammoth $102.1 Million to help the business to continue growing and expanding.

4.ArogyaAI

Year Founded: 2019

HQ: New Delhi, India

Size: 1-10

Founders: Avlokita Tiwari, Praapti Jayaswal

AarogyaAI is a startup in India that was founded in 2019 and is currently based in New Delhi, India. The company provides medical technology powered by artificial intelligence to help with the early detection and diagnosis of drug-resistant TB. This improves care outcomes for patients and allows them to get rapid access to treatment.

The company has seen a good amount of support from investors, with it going through four successful rounds of funding. From these funding rounds, the company received support from a group of four investors, to the tune of $855,500.

5.Unbox Robotics

Year Founded: 2019

HQ: Bangalore, India

Size: 11-50

Founders: Pramod Ghadge, Shahid Memon

Unbox Robotics is an Indian startup that was founded in 2019 and is currently based in Bangalore, India. The company aims to improve the efficiencies and profitability of logistics operations by using AI-powered robot solutions specifically for use within warehouses. Companies will be able to improve their order processing with this technology.

Since the business was founded, it has already gone through seven rounds of startup funding. Through these seven rounds of funding, the company has managed to attract the support of twenty-two investors, which has allowed the business to raise a figure of $9.1 Million since being founded.

6.Glamplus

Year Founded: 2020

HQ: Bengaluru, India

Size: 11-50

Founders: Divyanshu Singh

Glampus is an Indian startup that was founded in 2020 and is currently based in Bengaluru, India. The company provides a SaaS platform that acts as a beauty product marketplace for beauty salons so that they can get access to the things that they need to do their jobs, like invoicing, appointment tracking and more.

Since being founded, the business has gone through a pair of funding rounds, with one in 2021 and 2022 respectively. The result of these funding rounds was that the group of nine investors pledged their support to the business. This support came to the value of 71.7 Million Indian Rupees.

7.Rupifi

Year Founded: 2020

HQ: Bengaluru, India

Size: 11-50

Founders: Ankit Singh, Anubhav Jain, Jawaid Iqbal

Rupifi is a startup in India that was founded in 2020 and is currently based in Bengaluru, India. The company provides a B2B fintech services that make it easier for smaller companies to raise the capital that they need through the provision of working capital and payment services along with loans.

The business has been incredibly active in raising money to grow and develop, with eight funding rounds being completed in less than two years. These funding rounds have attracted the attention of seventeen investors that see the potential of the business. This has culminated in the company raising a figure of $30.8 Million.

8.Onedios

Year Founded: 2019

HQ: Noida, India

Size: 11-50

Founders: Amit Sharma

OneDios is an Indian startup that was founded in 2019 and is currently based in Noida, India. The company makes its money through the provision of a platform for aggregating customer requests. This means that businesses using their platform will be able to improve their sales and marketing approach by taking on board the feedback and requirements of their customers.

Since being founded, the company has gone through a single Seed Funding round in January 2022. In this round of funding, the company secured support from a total of five investors, which allowed it to raise a figure of $1.2 Million in startup funding.

9.Skippi Ice Pops

Year Founded: 2020

HQ: Hyderabad, India

Size: 1-10

Founders: Ravi Kabra

Skippi Ice Pops is a startup in India that was founded in 2020 and is currently based in Hyderabad, India. The company aims to address problems of sustainability and environmental impacts from these tasty treats by creating healthy alternative products,

Since being founded, the company has gone through a single Seed Funding Round in December 2021. From this funding round, the company has managed to attract the support of five investors. These investors have collectively backed the business with 10 Million Indian Rupees in funding.

10.Groyyo

Year Founded: 2021

HQ: Haryana, India

Size: 11-50

Founders: Subin Mitra, Ridam Upadhyay, Pratik Tiwary

Groyyo is an Indian startup that was founded in 2021 and is currently based in Haryana, India. The company has provided a solution for B2B manufacturing and automation. This allows businesses within this sector to improve the efficiencies of their operations, which ultimately has a positive impact on the bottom line of these companies.

Since being founded, the business has gone through a sole Seed Funding round in January 2022. This funding round attracted the attention of seven investors, with a blend of angels and institutions. Collectively, these backers have invested $4.6 Million into Groyyo.


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