In recent years, India has witnessed a surge in the number of startups and new businesses. This growth has been driven by advancements in technology and a growing interest in entrepreneurship. India boasts a talented and educated workforce of engineers, developers, and other professionals who are well-versed in emerging technologies, making it an attractive destination for business. The emergence of startups and new businesses is a testament to the power of innovation, entrepreneurship, and technology, and is likely to shape the future of business and the global economy.
Several startup businesses are critical players in India’s growth story and are opening up new markets and revenue streams. Here are a few examples:
The Fragrance People is India’s first candle retail chain, offering home decor and a variety of aromatic lifestyle products such as candles, diffusers, incense, potpourri, and more. The company ensures employee satisfaction by quality-checking every item before it is sold, guaranteeing high-quality candles and accessories to every customer.
WoodenStreet is an Indian-based online furniture store that offers a wide range of furniture products for homes and offices. The company specializes in providing customized furniture solutions to meet the unique needs of its customers. Their products are made from high-quality materials such as solid wood, engineered wood, and metal, and they also offer home decor products like rugs, curtains, and lighting fixtures. WoodenStreet is known for its excellent customer service and has a dedicated team of customer support professionals available to assist customers with any queries or concerns.
SpaceMantra is a pioneering B2B online platform for the construction and design industry. The company started in 2021 during the coronavirus pandemic, with a mission to create the best online marketplace that offers a one-stop engaging digital solution to simplify and fasten the procurement process in the construction and interior industry. SpaceMantra has over 500 users on their platform, primarily focusing on contractors, developers, and those building their homes. The company has tied up with around 400 brands with over 100,000 listed products and plans to open 3-4 more warehouses in the National Capital Region (NCR).
Fat Tiger is a modern QSR and café chain that offers a variety of food and drinks, including Momo, burgers, pizza, and more. The company was established in 2019 and was an instant hit for Pan Asian cuisine in various flavors. Fat Tiger is the first Indian brand to bring modern teas and oriental meal bowls at modest prices to middle-class consumers. With 50+ outlets in 22 cities, Fat Tiger has become a pioneer in the Indian QSR industry.
Netsetgo Media is a global mobile advertising company that is dedicated to empowering mobile advertising solutions to brands and agencies. The company specializes in driving mobile user acquisition for apps of all genres, from leading brands to innovative startups. Netsetgo consistently adapts and delivers strategic traffic sources, ensuring high engaging users.
Saraf Furniture is an Indian-based online furniture store that specializes in handcrafted furniture made from solid wood. The company was founded in 2015 and has since become a prominent furniture retailer in India, known for its high-quality craftsmanship and unique designs. Saraf Furniture offers a wide range of furniture products for homes and offices, and they use sustainable and eco-friendly materials in their production processes. In addition to its online store, Saraf Furniture has physical showrooms located in several major cities across India, where customers can see and touch the furniture before making a purchase. The company also offers free shipping and installation services for its products.