The startup fever in India is on a rise. With more than 1000 start-ups getting added to the eco-system last year, 2018 looks promising with innovative ideas taking shape to become businesses. Though according to venture debt provider InnoVen Capital’s India Startup Outlook Report 2018, most Indian start-ups, especially early-stage ones, can expect the fundraising environment to be difficult this year. But with brilliant ideas like that of the below companies, we doubt, the going is going to get any tougher for these newbies. So, let’s check out the 7 Top Startups to Watch in 2018–
Our evening plans are getting a little too dependent on the traffic woes these days. Very often plans get changed for the sole reason of parking being a hassle in that area. So, when a tech startup, Get My Parking (GMP) spearheaded by Rasik Pansare and Chirag Jain finds a solution to this monstrous problem, we take a notice and say bravo.
An IoT based platform, GMP is a mobile-based parking management system which aims to digitize the parking industry. The company was launched in July 2015 and have till now digitized over 300 parking lots with installing 800 plus devices executing 65000 transactions per day. The company is operational in North India and looking to expand in the Southern part soon.
In three years of commencement, it has already gone international with a pilot project in Taiwan, and other countries like Europe, China, and the USA.
This Bengaluru based online education startup is a company that offers students and working professionals an opportunity to learn in-demand job skills without putting life on hold. It provides mentored courses for both short-term skill courses and job-focused programs.
Some courses offered include data science, user experience design, Business and Entrepreneurship, Financial Services, Hospitality, Food, and Beverage, etc.
So confident are the co-founders, Gautam Tambay and Parul Gupta that for certain courses it even offers job-guarantee and in case graduates don’t find a job after training they even provide a refund. Now, that says a lot about this company which has offices in Bengaluru and San Francisco. The company was formed in December 2015 and has raised $9.5 million in a Series A funding round.
Bash.ai was born in March 2017 and since then, this business newcomer has been changing the way HR processes can provide better and consistent employee experiences through automation. It is essentially a tool that uses AI and big data to power virtual assistants and drives HR for businesses. Its user-friendly front-end interface can be accessed using instant messenger platform such as Facebook Messenger, Skype, etc.
The company founded by Barkha Sharma, who has spent over eight years in HR currently offers organizations with modules such as post-hire orientation, HR helpdesk, employee engagement, organize HR activities, and many more.
If you thought buying designer clothes wasn’t affordable, well, with Flyrobe, it totally is. Yes, the startup enables renting out these fashionable clothes and earn money for it as they manage payment and logistics.
Started in September 2015 by IIT-Mumbai alumni’s Shreya Mishra, Pranay Surana, and Tushar Saxena, Flyrobe has also partnered with designers and boutiques to provide clothes for rent at 15 percent of the retail price for four days.
The platform supplies western wear and ethnic wear for men and women across Bengaluru, Pune, Mumbai, Ludhiana, Delhi, and Hyderabad. The company customizes the fit and delivers free of charge and also, gives an option of a pick-up.
It is the only venture capital funded fashion rental service in India and has raised $7 million in two rounds from Sequoia Capital, IDG Ventures and Tokyo based GREE Ventures. It claims to have attained over $10 million in retail value of merchandise rented in 2017.
DocsApp is a healthcare mobile app that was launched in July 2015 to connect patients with specialist doctors through chat or call from anywhere at any time. The USP of this consultation app is that it gives medical attention in less than 30 minutes. When even real hospitals don’t offer such a timeline, this app is certainly worth a try.
The key disciplines covered by DocsApp include dermatology, gynecology, sexology, pediatrics, general medicine, psychiatry and weight management. The consultation services applicable for all age groups can be availed round-the-clock and in multi-language. It also has features that allow the ordering of medicines and booking of diagnostic tests through the app.
Cofounded by Satish Kannan and Enbasekar D it is owned and run by Phasorz Technologies Pvt. Ltd.
Prasanth Omanakuttan and Syam Premachandran founded Green Era Recyclers is a waste management startup that collects and recycles electronic waste (e-waste) such as mobile phone chargers, mobile phones, adaptors, calculators, old wires, printers, etc. generated from households, corporates, and industries.
These items are usually dumped into regular garbage bags and therefore, end up polluting the soil as non – biodegradable wastes.
The Coimbatore based startup that started in early 2017 also has operations in Chennai. It not only recycles e-waste but sometimes even makes useful products out of them, which it sells at a cheap price.
Since its inception, it has recycled around 10 tonnes of electronic wastes generated mostly by Indian cities and towns. As a reward, the startup has recently got a five-year authorization from the Tamil Nadu Pollution Control Board (TNPCB) to recycle 150 tonnes of e-waste annually!
This promising startup should expand its wings to other cities for a better and cleaner India.
This Delhi-based startup founded in January 2017 by Akash Gupta is a bike sharing platform where users can simply locate the nearest bicycle, e-bike or scooter, and rent it by unlocking the cycle lock by scanning a digital QR code via its app. The bicycles can be rented for hours, days and even months using the app.
Intelligently fitted with advanced technologies IoT enabled communication devices and GPS, geofencing, etc. it is easy to be located and tracked anytime. The smartest thing about these bikes is that can be parked anywhere in the city, where it is legal to park the vehicle. The fee ranges from Rs. 10/ hour to Rs. 999 for a month, as a security deposit in advance. It also offers students a discounted price of Rs. 499 /month by sign up using their college photo ID card.
The startup currently operates only in the Delhi – NCR region for now. It is owned and run by Bycyshare Technologies Pvt. Ltd.
These were the list of 7 top startups to watch in 2018.
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