India’s startup ecosystem has seen significant growth in recent years, with numerous startups making an impact across various sectors. In 2024, several Indian startups are emerging as key players, offering innovative solutions and driving the country’s economic progress. Here’s a look at the top 10 emerging startups in India in 2024.
Startup Ecosystem in India
India has emerged as the third-largest startup ecosystem globally, growing 15% year-on-year since 2018. The Department for Promotion of Industry and Internal Trade (DPIIT) also notes an 11% rise in incubators and accelerators. From January to August 2024, Indian startups raised $7.5 billion through venture capital. According to S&P Global, India’s nominal GDP is expected to nearly double to over $7 trillion by 2030, positioning it as the world’s third-largest economy.
Top-10 Emerging Startups in India as of 2024
Zepto, a fast-growing e-grocery startup founded in 2021, became India’s first startup in 2023 to reach a billion-dollar valuation after nearly a year. Based in Mumbai, it leads as LinkedIn’s top Indian startup of 2024, providing quick grocery delivery through its technology-driven platform.
Here is the list of top-10 emerging startups in India as of 2024:
| Top-10 Emerging Startups in India as of 2024 | ||||
| Rank | Startups | Headquarter | Year Founded | Industry |
| 1. | Zepto | Mumbai | 2021 | Technology, Information and the Internet |
| 2. | Sprint | Bengaluru | 2019 | Software Development |
| 3. | Lucidity | Bengaluru | 2021 | Software Development |
| 4. | GrowthX | Pune | 2021 | Social Networking Platforms |
| 5. | Jar | Bengaluru | 2021 | Financial Services |
| 6. | Wiingy | Bengaluru | 2021 | Internet Marketplace Platforms |
| 7. | SourceBae | Indore | 2019 | Internet Marketplace Platforms |
| 8. | Biofuel Café Circle | Pune | 2020 | Software Development |
| 9. | Supersourcing | Indore | 2020 | Technology, Information and the Internet |
| 10. | Battery Smart | Gurugram | 2019 | Transportation, Logistics, Supply Chain and Storage |
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