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Monday, April 29, 2024

India’s Top 10 Most Innovative Startups 2022

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According to statistics, investments in Indian startups have risen dramatically in recent years, from $6.6 billion in 2018 to $10 billion in 2020 and up to $36 billion in 2021. This demonstrates that India has a large number of outstanding Indian startup thanks to the presence of VC firms, the strength of the local entrepreneurial scene, and the country’s fast expanding economy, all of which provide a solid basis for Indian businesses to succeed.

  • TradeX

TradeX is an Indian startup with its current headquarters in New Delhi. It was started in 2021. The business engages in the fintech industry and offers its users a trading platform that makes use of predictions to assist users in making trades based on opinions that are important to them. Users can also receive prizes for making accurate forecasts.

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The company has undergone a Seed Funding round since its founding, totaling 70 Million Indian Rupees. A group of nine investors who are expecting that TradeX will be a force to be reckoned with for years to come sponsored this funding round and the entire investment.

  • IppoPay

IppoPay is an Indian startup that was established in 2020 and is presently situated in Chennai. The most crucial aspect of the business is the production and deployment of digital payment gateways that make it simple for SMEs, independent contractors, and home-based businesses to accept payments.

Since the company’s founding, two investment rounds have taken place: one in 2021 and one in 2022. IppoPay received backing for these investment rounds from a group of seven investors, ultimately raising $2.4 million to aid in the company’s next phase of growth and development.

  • Refyne

India is the present home of Refyne, an Indian firm that was established in 2020 in Bengaluru. The business itself generates revenue by offering a platform that enables employers to grant employees access to their earned wages, reducing stress and enhancing financial awareness among those who work for Indian businesses.

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With funding rounds in 2020, 2021, and 2022, the company has done exceptionally well in terms of securing investor support. A group of eight investors who have committed a staggering $102.1 million to aiding the company’s growth and expansion have shown interest in these investment rounds.

  • AarogyaAI

AarogyaAI is an Indian startup that was established in 2019 and is presently situated in New Delhi. To aid in the early detection and diagnosis of drug-resistant TB, the company offers medical technology that is powered by artificial intelligence. Patients benefit from better care outcomes and quick access to therapy as a result.

The business has received a lot of investor backing, as seen by the four successful investment rounds it has through. The company obtained $855,500 in funding from a group of four investors as a result of these funding rounds.

  • Glamplus

India is the present home of the 2020-founded Indian startup Glampus established in Bengaluru. The business offers a SaaS platform that functions as a marketplace for beauty products for beauty salons so they can obtain access to the tools they require, such as invoicing, appointment monitoring, and more.

Since its inception, the company has undergone two investment rounds, one in 2021 and the other in 2022. The nine investors promised their support to the company as a result of these investment rounds. This assistance was worth 71.7 million Indian rupees.

  • Unbox Robotics

Indian firm Unbox Robotics was established in 2019 and is presently situated in Bangalore, India. Through the use of robot solutions powered by AI designed expressly for use in warehouses, the company hopes to increase the productivity and profitability of logistics operations. With the use of this technology, businesses will be able to optimise their order processes.

The company has received startup investment seven times since it was started. The company has raised a total of $9.1 million since its founding thanks to the assistance of 22 investors who have joined it over these seven rounds of fundraising.

  • Rupifi

Rupifi is an Indian startup that was established in 2020 and is presently situated in Bengaluru. Through the provision of working capital, payment services, and loans, the company’s B2B fintech services make it simpler for smaller businesses to raise the financing they require.

With eight investment rounds finished in less than two years, the company has been extremely active in raising capital to grow and develop. Seventeen investors that are interested in the business’ potential have taken notice of these investment rounds. As a result, the company has raised a total of $30.8 Million.

  • OneDios

OneDios is an Indian startup that was established in 2019 and is based in Noida right now. The business generates revenue by offering a platform for collecting client requests. By incorporating customer comments and demands, firms using their platform would be able to enhance their sales and marketing strategies.

The company has only received seed funding once, in January 2022, since its founding. The company received backing from a total of five investors during this round of fundraising, enabling it to raise $1.2 Million in starting capital.

  • Skippi Ice Pops

In India, a startup called Skippi Ice Pops was established in 2020 and is now situated in Hyderabad. By developing healthy substitute products, the company hopes to address issues of sustainability and the effects of these delicious delicacies on the environment.

The business has only received seed funding once, in December 2021, since its founding. Five investors have decided to assist the company in this investment round. These investors have invested a total of 10 million Indian rupees in the company.

  •  Groyyo

Indian startup Groyyo was established in 2021 and is currently situated in Haryana. The business has offered a B2B manufacturing and automation solution. This enables organisations operating in this area to increase the effectiveness of their processes, which eventually benefits these businesses’ bottom lines. Since its inception, the company has only undergone a single Seed Funding round in January 2022. Seven investors, including a mix of institutions and angel investors, were drawn to this round of funding. These supporters have contributed a total of $4.6 Million to Groyyo.

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