Top 10 Indian Startups Building for the World
117,991 views
0

 Published On Sep 14, 2023

00:00 Intro
00:27 Ola
01:58 Lenskart
03:17 cult.fit
04:36 OYO
05:40 Cars24
06:31 Vadham Teas
07:39 Miko
09:12 GOQii
10:03 BIRA 91
11:17 Blue Tokai

Ola: Ola, initially focused on selling weekend getaways, pivoted to the ridehailing industry, akin to Uber in the US, becoming a major player in India across 250 cities. Ola Electric, launched in 2017, aims to lead India's EV transition, beginning with the S1 scooter in late 2021. By the close of 2022, they became India's top-selling electric two-wheeler brand, selling 1.5 lakh scooters. In September 2022, Ola Electric revealed global expansion plans, entering Nepal and announcing entry into Italy in November 2022.

Lenskart: Founded in 2010 by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi, Lenskart initially focused on online eyewear sales, aiming to make eyewear affordable and accessible to Indians. Lenskart has expanded its offline footprint, operating over 2,000 retail stores and selling 8 million eyewear items annually, with a quarter of these stores located abroad, including in the US, UAE, and Singapore.

CultFit: Bengaluru-based health and fitness startup "CultFit," initially known as CureFit, was founded by fitness enthusiasts Ankit Nagori and Mukesh Bansal. They began by acquiring a unique fitness startup called Cult, which focused on machine-free training programs encompassing martial arts, yoga, and outdoor activities.

OYO: Founded by Ritesh Agarwal, achieved remarkable success, making him one of the world's youngest self-made billionaires in 2020. Their journey began in 2013 when they convinced the first hotel owner, Rajesh Yadav, in Gurugram to join OYO, quickly raising the occupancy rate from 20% to 90%. By 2019, OYO reached a peak valuation of $10 billion, becoming the world's third-largest hotel chain operating in over 80 countries.

Cars24: Founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid, and Ruchit Agarwal, Cars24 offers a unique car-selling experience, claiming to buy cars within 30 minutes. In reality, they facilitate a quick auction process rather than direct purchases. After inspecting the car, they place it on their auction system, where partner dealers bid and purchase the vehicles. Expanding globally since 2021, they entered UAE, Australia, and Thailand, contributing to their FY22 revenues of Rs 6,072 crore.

Vahdam Teas: Founded by Bala Sarda in 2015, Vahdam Teas has made its mark as the sole Indian brand to feature twice in Oprah Winfrey's list of favorite things. With global aspirations from the outset, Vahdam recognized the lack of a truly global Indian tea brand despite India being the world's second-largest tea producer. The company sources tea directly from 100+ plantations, packages them in India, and ships worldwide.

Miko: founded by three IIT Bombay graduates (Sneh Vaswani, Prashant Iyengar, and Chintan Raikar) in 2015, is developing emotionally intelligent AI-powered robots for children worldwide. Their inspiration came from the declining learning levels among children in India and globally. They aimed to create a robot that would enhance learning by adapting to a child's emotional state and learning level. Initially launched in 2016 for the Indian market. Now, Miko is available in 140+ countries and achieved over Rs 100 crore ($12 million) in revenue in FY22.

GOQii: Founded by Vishal Gondal in 2014, GOQii is creating a global preventive healthcare ecosystem. Unlike typical wearable companies, GOQii offers more than just fitness bands. They provide a comprehensive health solution where customers pay for services like personal coaching and health products. Initially launched in India, GOQii has expanded its presence to countries including Singapore, Malaysia, UAE, and the US. Vishal recognized the global potential of healthcare early on.

Bira91: founded by Ankur Jain in 2015, started by importing beer from Belgium and later began brewing in India. The brand quickly gained international recognition, debuting at the 2016 Tribeca Film Festival in New York. Jain aimed for Bira91 to become the first global brand from India and expanded to five new markets in 2017. By 2020, Bira91 became India's fifth-largest beer maker with a 2.7% market share. Present in 550 cities across 18 countries, they generated Rs 720 crore in revenue in FY22.

Blue Tokai: Matt Chitharanjan, co-founder of Blue Tokai, originally planned to spend a year in India but stayed after meeting his wife Namrata Asthana. They pursued their passion for coffee and founded Blue Tokai Coffee Roasters in 2013, introducing India to the third wave of coffee. With 60 outlets, $46 million in funding, and expansion into Japan, they are showcasing exceptional Indian coffee globally. A recent $30 million Series B funding aims to further expand their presence in international markets, emphasizing India's coffee excellence to the world.

show more

Share/Embed