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Saturday, 11 May 2019

Top Five Best Startups in India



Nowadays there are many new startup apps coming into the market and they are also getting many users. Today let's see some of the best startup apps in India!

#5 Ola Cab


Ola is currently available in more than 130 cities in India. It is currently at the #1 Position in India in taxi booking app and company. Ola is in competition with Uber Rides which is available in 30 cities in India. Ola's present valuation is more than $ 6 B. The company is expanding it's business with Ola Home, Ola Bikes . FoodPanda is now owned by OLA and FoodPanda is also competing with Uber Eats, Zomato and Swiggy. Ola Cabs is in partnership with Mahindra & Mahindra Ltd. for Ola electronic car. Ola Electronic Car 's last undisclosed funding round was by Ratan Tata.



#4 OYO Hotels


OYO Hotels is currently the top hotel booking app in India. This company is currently having  competitiveness with Airbnb. The OYO Rooms are currently having $ 5 billion of net-worth. OYO had raised $ 1 Billion in it's Series E-Round and in participants in this funding round were Japanese company and Forbes 2017, 34th public company SoftBank and including this round Sequoia Capital ride-hailing company Grab and Chinese ride-hailing company Didi Chuxing. 


Last funding round to OYO Rooms was by Airbnb of $ 150 - 200 million. Airbnb has a valuation of $30 B in the Global Market. In today's date Airbnb and OYO Rooms are in considerable competition.

#3 PayTM

Paytm is now the top level payments in India. The comapny has also started selling foods, commodities, electrical appliances and many more products in it's sub-company PayTM Mall. The company's net worth from recent calculations was $ 16 B and it is currently contacting eBay for more capital investment. Alibaba Group has 38% share in PayTM and is also the one having largest share in it. The investors of PayTM include SoftBank having 19% share and Ant-Financial having same as Alibaba Group. 

#2 Flipkart
Flipkart is at the peak in online shipping companies in India. It is available in nearly every parts of India. Flipkart's valuation is of $22 B and eBay has also sold it's stake in $1.1 B to Flipkart and started selling eBay products in India. Flipkart is currently in a tough competition with Amazon and PayTM. Also the world's largest acquisition deal was that Wal-Mart has said that it would pay initial stake of $16 B and own 77% of Flipkart. Last funding round was of $2.5 B by SoftBank and $1 B by Naspers and Tiger Global Management.

READ ALSO :- TOP FIVE BEST BRANDS IN THE WORLD
#1 Amazon India


Amazon is the first most valuable company in trade and e-commerce in India. Amazon's net-worth is of $16 B and is trending in electronics, gadgets, amazon echo, and many more. Jeff Bezoz's amazon.com had given $30 M to amazon.in for Amazon Pay. Amazon UPI is going to be launched in India very soon. It's average sales everyday is of 550,000 products and it's market size in India is 31%. Amazon has developed it's many services in India like Amazon Kindle, Amazon Prime Video, Amazon Games, Amazon Art, Amazon Video, Amazon Business, Amazon Studios and Amazon Web Services, etc.

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