Top Successful Startup Companies in India 2025

To begin with, India has been the home to multiple startups that have brought innovation and also have elevated the nation to a prestigious spot. From edtech to insurtech, startups are creating a slow revolution in turning a problem into a business-ready result. The Government of India reported that 1,40,803 startups were active as per June 2024 data, declaring India as the host to multiple startups. With strong support from the government, Indian startups are multiplying, and new startups are entering the ecosystem each day. The Indian Government has also initiated an Action Plan to heavily focus on funding and handholding these startups, creating an inclusive climate for these companies to grow.
Let’s know the top startups in India now.

Top 10 Startups in India 2025

1. Zomato

Zomato is one of the top startups in India, since it launched in 2010. The idea behind Zomato is to connect customers with restaurants and let customers find the top restaurants in their locality without actually leaving their homes.

Founders: Deepinder Goyal and Pankaj Chaddah

Funding raised: $1 billion in 2021

Year of inception: 2010

Headquarters: Gurugram, Haryana

2. CRED

In the fintech industry, CRED is one of the famous startups in India to be listed. The startup supports the innovative idea of rewarding the customer who has a higher credit score. This innovative idea behind the startup has led major investors such as Tiger Global Management and Alpha Wave Global to inject more funds into the company, making it an unicorn.

Founders: Kunal Shah

Funding raised: $924.42 million

Year of inception: 2018

Headquarters: Bengaluru, Karnataka

3. Groww

A fintech trailblazer, Groww started with the aim of simplifying stock investment. The company strived in the initial days because of the opaqueness of the fintech industry but eventually managed to raise $251 million in the Series E round.

Founders: Lalit Keshre, Neeraj Singh, Ishan Bansal, Harsh Jain

Funding raised: $251 million in Series E

Year of inception: 2017

Headquarters: Bengaluru, Karnataka

4. boAT

boAT had been considered one of the highly successful startups in India, especially in the lifestyle industry. This startup ventured out as a bootstrapped firm and started with an initial capital of 30 lakhs. This company solves the major challenge of affordable yet durable wearables in the Indian market and has a market share of 20% in audio wear demand.

Founders: Aman Gupta and Sameer Mehta

Funding raised: 6 crore

Year of inception: 2014

Headquarters: Andheri East, Mumbai, Maharashtra

5. Paytm

A historic startup in the fintech sector, Paytm has been a market leader since 2009. The brand aims to create a digitalised economy for India and currently caters to more than 20 million merchants in making cashless payments.

Founders: Vijay Sekhar Sharma

Funding raised: $1.1 billion

Year of inception: 2009

Headquarters: Noida, India

6. OLA

Two IIT alumni felt the problem of renting cabs and hence developed a ride-sharing startup, now known as OLA. OLA came a long way, solving the problem of car rentals in both Tier-I and Tier-II cities. The company went on to become one of the top 10 startups in India, now serving in more than 250 cities.

Founders: Bhavish Agarwal and Ankit Bhati

Funding raised: $1.1 billion

Year of inception: 2010

Headquarters: Bengaluru, Karnataka

7. Meesho

Meesho is another startup that adds value to the Indian MSME ecosystem, with the mission of empowering most small businesses to enter the Indian main e-commerce market. The startup has experienced a hike in revenue by 75% and has been funded by Softbank and Prosus.

Founders: Vidit Aatrey and Sanjeev Barnwal

Funding raised: $550 million

Year of inception: 2015

Headquarters: Bengaluru, Karnataka

8. MakeMyTrip

MakeMyTrip started as an online travel booking company backed and supported by major investors such as Ctrip, SAIF Partners, Naspers and more. The company’s major acquisitions are Savaari Car Rentals, CRED’s expense management system Happay, Goibibo and a few more.

Founders: Deep Kalra

Year of inception: 2000

Headquarters: Gurugram, Haryana

9. Licious

Licious is an addition to this list of top startups in India because of its unique idea of delivering better quality meat to customers in remote locations. The firm delivers raw chicken to ready-to-cook materials, all in a 90-120-minute time, offering better and hygienic chicken.

Founders: Vivek Gupta and Abhay Hanjura

Funding raised: $150 million in Series F

Year of inception: 2015

Headquarters: Bengaluru, Karnataka

10. Covrzy

Covrzy is a great addition to the top 10 startups in India in the insurtech industry. The mission of this startup is to reduce the complexity and create a seamless insurance buying experience for all Indian businesses and startups. Backed by some of the leading insurers such as ICICI Lombard and Digit Insurance, Covrzy has onboarded more than 500 businesses with promising results.

Founders: Ankit Kamra and Veera Thota

Funding raised: Rs 3.2 crore

Year of inception: 2022

Headquarters: Bengaluru, Karnataka

Tech Startups in India

Here are some of the renowned tech startups in India to have a look at:

11. Razorpay

Many businesses had faced the problem of a seamless fund transfer to their employees, which caught the attention of the founders of Razorpay. This startup started by providing clean developer-friendly APIs for businesses to easily manage and disburse online payments.

Founders: Harshil Mathur and Shashank Kumar

Funding raised: $375 million in Series F

Year of inception: 2014

Headquarters: Bengaluru, Karnataka

12. PhonePe

PhonePe in the insurtech industry can be termed one of the famous startups in India. The company started its journey in 2016, and since then it has ventured into sectors such as insurance, wealth and consumer tech.

Founders: Sameer Nigam, Rahul Chari, Burzin Engineer

Funding raised: $100 million

Year of inception: 2015

Headquarters: Bengaluru, Karnataka

13. Khatabook

Khatabook, a pioneering app-based startup that records all credits extended to consumers, started its journey. This startup is a major addition to the fintech sector, with the backing of investors such as Tencent, Y Combinator, and Hummingbird.

Founders: Dhanesh Kumar, Ashish Sonone, Jaideep Poonia, and Ravish Naresh

Funding raised: $186.50 million

Year of inception: 2019

Headquarters: Bengaluru, Karnataka

14. Rapido

Rapido today is a known bike rental service in India, used by almost 20 million people as of the 2023 report. This startup faced initial challenges with dominant startups such as OLA and Uber, yet emerged to secure funding from firms such as WestBride Capital and various founders as well.

Founders: Rishikesh SR, Pavan Guntupalli and Aravind Sanka

Funding raised: $200 million in Series E round

Year of inception: 2015

Headquarters: Bengaluru, Karnataka

15. Urban Company

Urban Company is added to the list of tech startups in India majorly due to its unique approach to connecting consumers with service providers for households. This firm uses a heavy tech-based approach in connecting consumers with professional household-serving individuals.

Founders: Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra

Funding raised: $255 million in Series F

Year of inception: 2014

Headquarter: Gurugram, Haryana

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Sectors Driving Startup Growth in India

India’s startup culture has been driving colossal growth, ranking 3rd among the top startup ecosystems in the world. Almost every day, 2-3 startups are being born, each having a strong growth denomination and backed by multiple investors. Here are some of the main sectors that are driving growth of the startup companies in India:

E-Commerce:

Most of the startup growth in recent times has occurred in the e-commerce sector, as by 2030, this industry is expected to grow to $325 billion. Startups such as Nykaa, Meesho, Zepto, and FirstCry are excelling in the e-commerce market, as almost 60% of customers are ordering from Tier-II cities and smaller towns.

Insuretech:

The insure-tech sector has also been a significant part of the growth of the Indian startup culture. A series of remarkable startups have originated from the insuretech sector, such as Covrzy, an Indian startup that simplifies insurance buying for major businesses. You can also check out the top 10 insurtech companies in India that are trending currently.

Edtech:

The Edtech industry of India has been booming with the rise of some successful startups in India such as PhysicsWallah, Extramarks, Unacademy, Edugorilla and few more. Blending use of AI and knowledge sharing, these startups are reshaping India’s education system.

Fintech:

A large number of profitable startup companies in India have grown in the fintech sector. These startups are democratizing technology in the best efficient manner, bringing in a seamless tech experience to the booming population of India.

Challenges and Opportunities for Startups in 2025

Every startup faces some challenges as well as are in a great advantageous position too. Let’s look at the major challenges as well as opportunities that startups face in 2025:

Major challenges

• Limited resources: Many startups in their early stages find it strenuous to move forward with limited resources. The limitation of resources in terms of available skillset and funding often cause severe roadblocks, creating hindrance for startups in their initial growth phase.
• High bureaucracy: This is another challenge that sometimes limits startup growth in India. A relatively lower ease of doing business can cause high friction for startups during their initial days of establishment, leading to stunted growth.
• Deficiency in talent: Talent deficiency is a major problem that startups face. Most of the talented individuals seek to work for established companies, creating a talent gap.

Opportunities for startups

• Support from government: The Indian government has been highly active in supporting startups over a range of schemes. For example, the GENESIS scheme is designed to support tech-based startups from Tier-I and Tier-II cities.
• Improved investment: The investment scenario of the Indian startups has considerably improved, and that is evident from the strong buoyancy that these startups have shown. In addition to this, there are high investment inflows in areas such as deep tech, defence tech and more.
• Increase in angel investment: Angel investment is crucial for slowly building startups in the first few years to maintain a strong source of cash flow. In India, amid multiple crises, angel investment has not fallen short and has improved.

Conclusion

The Indian startup ecosystem, despite all the setbacks, has been accelerating towards phenomenal growth. From insurtech to edtech, the top startups in India are growing in every sector. With government support and angel investment gradually progressing, the Indian startups hold an assuring future. Although funding challenges come up, they are not sufficient to outweigh the burning spirit of startup founders and support schemes of the government. Here’s to the continued success of India’s startup environment.