In the last few years, India has emerged as a growing economy. With the government taking initiatives like ‘Make in India’ and ‘Digital India’, our country is now amongst the first five largest startup communities of the world.
The startup wave finds its origin in 2014 when a huge amount of money was pouring in as seed funds and investments for entrepreneurial ventures. The year 2015 saw a little dip in the same context but the current year seems promising to be yet another stellar era for newbies in startup fraternity.
The current year has witnessed many innovative ventures trying hard to establish themselves. The majority of the startups are now focusing on domains like wearables, consumer IOT and smart homes, consumer privacy protection, counter-terrorism technologies, cyber security services to protect enterprises, VR and AR, chatbots, Fintech and auto driving vehicles.
A big chunk of the diligent startup community in India finds Bengaluru, Delhi, Pune and Mumbai as its home. Bengaluru is termed as startup hub of India and the number of startups flourishing here verifies that the statement is not a hyperbole. Amenities like good infrastructure, help from the state government and organisation of startup focused events, certainly elevate the morale of aspiring innovators.
I would like to mention some of the new saplings of startup community, based out of Silicon valley of India, moving every stone in their way to make it big:
About ZoomCar: The first company in India which focuses on self-drive car rental, in contrast to earlier companies in India that focused on chauffeur-driven rentals. Zoomcar saves one from the cost and hassle of owning a car while it promises convenience, independence and mobility.
About Exotel: Creating personalised experiences, Exotel is one of Southeast Asia’s largest cloud telephony companies.Their aim is to help large businesses streamline and bring efficiency to their voice communication. Exotel allows businesses to use APIs to build a reliable communication system.
About doselect: DoSelect is a collaborative and technology independent hiring tool for companies who are working towards testing real skills of candidates.The core USP of DoSelect is complete technology independence – a recruiter can test on ANY technology without having to set up anything. They just need to define the problem description, select the frameworks / languages / OS that the candidates can use to answer the questions, and that’s it!
Founder(s): Arun Pandey & Dinesh Krishnan
About Yottaasys: The word “Yotta” in Yottaasys stands for the largest unit of data which can be measured. Yottaasys has created innovative solutions and paradigms which handle pyramid of disruptions in analytics by doing it differently using a unique combination of significant technology acumen, deep business understanding and advanced analysis techniques built along with innovative solutions.
About Amigobulls: Amigobulls Inc. strives to solve the problem of information overload in the financial media industry. Committed to helping investors get actionable insights on the stocks they follow, Amigobulls has built their platform keeping “the individual investor” in mind.
Founder(s): Kumar Abhishek & Vivek Singh
About ToneTag: Changing the way people pay, ToneTag allows easy, frictionless & secure proximity payments using sound waves(Tone) or NFC (Tag) and enables contactless experience on any device. ToneTag uses multiple layer encryption to secure your information. So, shopping next time, all you need is the app on your phone.