We are currently witnessing changes in almost everything, be it technology development, change of the mode of education, market fluctuations and many more. The major change which we will be talking about today is Startups. If you would’ve asked 10 years ago to people about starting their own business , the quantity of people who would’ve actually said yes could have been very low. The people used to perceive startups as a gamble, where they were unaware about the winning percentage. Everybody wanted to earn loads of money, but very few were actually willing to earn money from their startup. People were feared the amount of money and all their hard work which they will will lose. But now the situation is completely changed, the mindset of people which they used to had about startups is completely changed.Startups are now seen as an opportunity by the everyone, where they invest their money. Even in India we saw many successful startups, which started from nothing and now they are giving very tough competitions to the global MNCs. The success story of these startups are worth sharing and many more people should know about them so people can get inspired by them and can start their own venture without giving it a second thought. Some of these Indian startups are mentioned below :
India’s foremost online retailer, providing a marketplace for both direct sales and merchant. Like Amazon and Alibaba, Flipkart’s diverse array of products includes everything from LED bulbs to Story books, to sarees to fan, and they are still adding more.By March of 2015, Flipkart had received a total funding amount of %2.45B, with Accel Partners and Tiger Global Management among the key investors.
The Delhi based Snapdeal is Flipkart’s main competitor in home soil, with a network of over 50,000 domestic and international brands and more than 20 million members.In a mere 5 years, Snapchat’s two founders have managed to capture 1 out of every 6 Indian internet users, so its future- just like that of its prestigious U.S. counterparts- is certainly one to keep an eye on.
Grocery e-tailer BigBasket is India’s largest online food and grocery store, selling more than 1,000 brands including an “Imported and Gourmet” range. The startup also sells grocery products under its own brand names Fresho, popular and Royal.BigBasket only launched in December 2011 and, with Indians spending around $370B annually on food and groceries , the future is bright.
Hungama.com is a Bollywood specialist, with the world’s largest repository, but the digital entertainment company’s storefront has over 2.5M pieces of content spanning an array of genres and languages. Subscribers can stream music tracks, movies, music videos, and dialogues as well as mobile content including ringtone and wallpaper.Owned by Hungama Digital Media Entertainment, this startup is in good hands to reach its goal of a 100 million MAUs by March 2016.Also, Hungama is wisely using its mobile-first capacity.
Online ticketing platform BookMyShow provides caters to the customers to want to attend everything from movies to plays to sporting events. Customers can purchase gift cards, receive offers based on bank patronage and use the mobile app to buy their tickets.After raising $25M in June 2014, the company has been growing yearly at 70% and operates in 2,500 of the 10,000 screens across India.