Categories: General Studies

Top-10 Emerging Startups in India as of 2024

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

Akansha Arora

My role as a content writer specializing in current affairs at Adda247 involves meticulously researching and crafting compelling articles aimed at guiding and informing candidates preparing for National and State Level Competitive Government Exams. With a dedication to educational excellence, I strive to keep our candidates abreast of the latest developments and trends in current affairs. By providing insightful and engaging content, I aim to ensure that aspiring candidates are well-prepared and informed for their examinations.