India is witnessing a new generation of a startup, making their presence felt not only in the domestic sector but also globally. They are inspiring stories of success for those who have paved their roads of innovation and dreams.
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Paytm
Vijay Shekhar Sharma, the founder of Paytm, which is considered one of the most profitable companies after demonetization, has told many essential things about it. On the very next day of demonetization, there was a lot of controversy over the advertisement of Paytm with pictures of PM Modi.
Let us know that on the night of November 8, 2016, PM Narendra Modi announced demonetization at 8 pm. From the very next day, long lines were introduced in the banks to exchange 500 rupees and 1,000 rupee notes. In the era of demonetization, when there was a shortage of currency, the use of Paytm app had increased a lot. Regarding his advertisement in an event, Vijay Shekhar Sharma said that you are talking about him even after four years, but we just wanted to bring people’s attention to Paytm instead of ATM. For this, we had given the tagline, now Paytm, not ATM.
2. Make My Trip
A brainchild of Deep Kalra, IIM Ahmedabad alumnus, Make My Trip has revolutionized the travel industry over the years. Originally it was launched in the US market in 2000 to cater to the needs of NRIs for their Indo-American travels. It started its operations in India in 2005 with flight tickets. After a few years, Make My Trip was listed on the NASDAQ and made three acquisitions in the following year. It has received worldwide recognition and countless awards.
3. Ola Cabs
The start of Ola company, which has become a big name in India today in terms of cabs, ridesharing, is exciting. According to the company’s co-founder Bhavish Agarwal, when he asked to leave Microsoft’s job to start Ola, the parents were shocked that why not open a travel agency? Doctor parent’s son Bhavish Agarwal said in a program, “Even though the startup industry has matured with the Internet today, it was not so before. It was the beginning in 2010. Especially for a family boy living in Ludhiana, it was unthinkable to start a company rather than a job.
4. Flipkart
No one will be a stranger to this! Flipkart achieved great success a few years back due to its first-mover advantage in the online market in India. IIT-D alumni, Sachin and Binny Bansal, have previously worked with Amazon, thus introducing a similar concept in the Indian market. He started with books in 2007 and now sells almost everything from personal care to jewellery, from CDs to stationery. It acquired Myntra for about Rs 2000 crore.
According to reports by the Wall Street Journal and Dow Jones WentSource, Flipkart.com ranked among the top five global billion-dollar startup clubs with a valuation of $ 11 billion.
5. Zomato Success Story
Launched in 2008, Zomato is nothing short of a sensation. It includes more than 331,200 restaurants from 19 countries. Starting as Foodiebay.com, in two years, it named among the most promising Internet companies in India. In one and two years, it gained international recognition.
Deepender Goyal and Pankaj Chadha, co-founders, always wanted to forge a path with their path, their obstacles. Zomato had no funding initially; their growth rate was slow. However, the tables changed very quickly, and it made Jomato what it is now.
6. Snapdeal
In today’s modern and technological era, where competition has increased in every field and establishing itself in any area is not less than any significant challenge. But, if the spirit of doing something in mind, then every difficulty would have become comfortable. And this fits perfectly with Kunal Bahl, founder and CEO of Snapdeal, who has made a mark in the field of e-commerce.
He not only laid the foundation of Snapdeal on the strength of his talent and skill but also took it to new heights. But do you know about Kunal Bahl’s journey here, if not? So let’s know about Kunal Bahl.
Born in a middle family, Kunal Bahl – Kunal Bahl’s parents also wanted him, like his elder son, to get admission in IIT College and become a successful engineer. For this, Kunal also made a lot of preparations, but he could not get admission in IIT, but he was not disappointed but this was the biggest lesson of his life.
7. Redbus
Started in 2006, RedBus has grown phenomenally over the years. An online bus ticket booking and hotel booking site, this startup gained success for its innovative idea of making bus ticket booking more natural for the common man. BITS Pilani’s budding entrepreneurs Phanindra, Sudhakar and Charan pioneered the concept when one of them, Phanindra, could not go home for Diwali as he did not get a bus ticket. They were all working for prestigious multinationals at that time; Starting redBus.in was a significant risk for him. However, this risk, rest payment and rest, as they say, is history.
8. Housing.com Success Story
Housing.com, a Mumbai-based real estate search engine, founded by twelve IIT-B graduates. Who were considering bringing transparency to the real estate market. What is commendable about Housing.com is the rate at which it has grown. It established just two years ago, and the response they have received is fantastic. Despite many obstacles, Housing.com went on to great success. It has raised four rounds of funding since its inception in 2012.
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