Top 10 Indian Startups Building for the World
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- Опубликовано: 2 июл 2024
- 00:00 Intro
00:27 Ola
01:58 Lenskart
03:17 cult.fit
04:36 OYO
05:40 Cars24
06:31 Vadham Teas
07:39 Miko
09:12 GOQii
10:03 BIRA 91
11:17 Blue Tokai
Ola: Ola, initially focused on selling weekend getaways, pivoted to the ridehailing industry, akin to Uber in the US, becoming a major player in India across 250 cities. Ola Electric, launched in 2017, aims to lead India's EV transition, beginning with the S1 scooter in late 2021. By the close of 2022, they became India's top-selling electric two-wheeler brand, selling 1.5 lakh scooters. In September 2022, Ola Electric revealed global expansion plans, entering Nepal and announcing entry into Italy in November 2022.
Lenskart: Founded in 2010 by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi, Lenskart initially focused on online eyewear sales, aiming to make eyewear affordable and accessible to Indians. Lenskart has expanded its offline footprint, operating over 2,000 retail stores and selling 8 million eyewear items annually, with a quarter of these stores located abroad, including in the US, UAE, and Singapore.
CultFit: Bengaluru-based health and fitness startup "CultFit," initially known as CureFit, was founded by fitness enthusiasts Ankit Nagori and Mukesh Bansal. They began by acquiring a unique fitness startup called Cult, which focused on machine-free training programs encompassing martial arts, yoga, and outdoor activities.
OYO: Founded by Ritesh Agarwal, achieved remarkable success, making him one of the world's youngest self-made billionaires in 2020. Their journey began in 2013 when they convinced the first hotel owner, Rajesh Yadav, in Gurugram to join OYO, quickly raising the occupancy rate from 20% to 90%. By 2019, OYO reached a peak valuation of $10 billion, becoming the world's third-largest hotel chain operating in over 80 countries.
Cars24: Founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid, and Ruchit Agarwal, Cars24 offers a unique car-selling experience, claiming to buy cars within 30 minutes. In reality, they facilitate a quick auction process rather than direct purchases. After inspecting the car, they place it on their auction system, where partner dealers bid and purchase the vehicles. Expanding globally since 2021, they entered UAE, Australia, and Thailand, contributing to their FY22 revenues of Rs 6,072 crore.
Vahdam Teas: Founded by Bala Sarda in 2015, Vahdam Teas has made its mark as the sole Indian brand to feature twice in Oprah Winfrey's list of favorite things. With global aspirations from the outset, Vahdam recognized the lack of a truly global Indian tea brand despite India being the world's second-largest tea producer. The company sources tea directly from 100+ plantations, packages them in India, and ships worldwide.
Miko: founded by three IIT Bombay graduates (Sneh Vaswani, Prashant Iyengar, and Chintan Raikar) in 2015, is developing emotionally intelligent AI-powered robots for children worldwide. Their inspiration came from the declining learning levels among children in India and globally. They aimed to create a robot that would enhance learning by adapting to a child's emotional state and learning level. Initially launched in 2016 for the Indian market. Now, Miko is available in 140+ countries and achieved over Rs 100 crore ($12 million) in revenue in FY22.
GOQii: Founded by Vishal Gondal in 2014, GOQii is creating a global preventive healthcare ecosystem. Unlike typical wearable companies, GOQii offers more than just fitness bands. They provide a comprehensive health solution where customers pay for services like personal coaching and health products. Initially launched in India, GOQii has expanded its presence to countries including Singapore, Malaysia, UAE, and the US. Vishal recognized the global potential of healthcare early on.
Bira91: founded by Ankur Jain in 2015, started by importing beer from Belgium and later began brewing in India. The brand quickly gained international recognition, debuting at the 2016 Tribeca Film Festival in New York. Jain aimed for Bira91 to become the first global brand from India and expanded to five new markets in 2017. By 2020, Bira91 became India's fifth-largest beer maker with a 2.7% market share. Present in 550 cities across 18 countries, they generated Rs 720 crore in revenue in FY22.
Blue Tokai: Matt Chitharanjan, co-founder of Blue Tokai, originally planned to spend a year in India but stayed after meeting his wife Namrata Asthana. They pursued their passion for coffee and founded Blue Tokai Coffee Roasters in 2013, introducing India to the third wave of coffee. With 60 outlets, $46 million in funding, and expansion into Japan, they are showcasing exceptional Indian coffee globally. A recent $30 million Series B funding aims to further expand their presence in international markets, emphasizing India's coffee excellence to the world.
Never thought Eyewear industry could be digitized , Lenskart did it - cool
Its great to see Indian brands are increasing their presence in international markets, but mere 'presence' is not enough they have to be atleast in top 10 spot in the market they are targeting abroad. Than only we can see soft power and influence of India rising
Boat is second largest wearables brand in the world after apple, hope that helps
The Indian government has played a crucial role in fostering the growth of startups. The introduction of initiatives like "Startup India" has provided a supportive environment for entrepreneurs, offering tax benefits, funding schemes, and simplified regulations.
It's crucial to notice that many Indian software and B2B companies are also building for the world and most of them have their majority of revenue from abroad.
I believe this video is more about consumer facing brands/startups
Yes, correct. We did not include SaaS because if we did, video would be totally dominated by them and it would basically become a Top 10 SaaS video, rather than Top 10 Global video. But I agree, Indian SaaS companies are doing great work in expanding the influence of Indian on the global stage. -Caleb
I guess it's more to do with target audience of this video and views.
Most people know about ola/lenskart etc instead of big b2b companies like zoho, inmobi etc.
This video is factually incorrect.
Great video bro,wish we had so many optimists like u....While some want to work for the others which was the only trend earlier,thanks to policy changes,good env for business,very well connected digital and bank infrastructure,and enthusiasts like the ones in ur video and You,that we are making spaces for others to work as well ❤❤❤
Great content as always!!
Can you manke a video about startups/brands coming out of teir 2/3/4 cities of India
Awesome list of startups going global! Wish to see more startups in this list especially hardware related and robotics startups.
Also wish we(Agam Robotics) to be in this list soon! 😄
You will be! 💪🚁 Can't wait to see Agam Robotics fly! -Caleb
@@backstagewithmillionaires Thank you!🙌💪
Geniune question. How much of components we need to import from china to make high speed drone? Are these components available in India(For sale not proprietary for companies only).
@@-rate6326just look at market research to know the info. Asking that dude will lead to bias answer from him. You shouldn't trust founder statement sometimes
Karthik is pretty straightforward/unbiased on this sort of thing. Not sure if he'll see this, but you can trust his answer more than most. Even he is doing a lot of his own market research and making inroads with OEMs/suppliers/manufacturers, so he's learning and reporting this stuff on his RUclips channel as he builds in public. -Caleb
Agree 👍
Surprised to know what OLA was doing earlier. Massive / multiple / exponential Pivots to reach where they are now
Electric vehicles would be able to be a market leader when it becomes like Toyota but for smaller vehicles. It is available everywhere and has offering for all kinds of locations, prices and needs.
I think India will become the most successful nation with the help of this kind of company . And government policy plays a significant role in surviving this kind of company .
As per vadham tea financials the company is still running in losses, so I am not sure what is hindering them
Inmobi is a global company and worth a mention.
We didn't look at any SaaS companies in this list, as it would have become a Top 10 SaaS Startups video otherwise. But you're right, they're very much a global Indian company! -Caleb
I@@backstagewithmillionaires inmobi isn't saas, but thanks Anyways caleb and keep up the good work -
❤
Miko, goqi?? I never heard those companies anywhere... Are they really there profitable?
👍
Government should start investing in indian companies to go global....see how Chinese government pushes their businesses go global
make in kolkata newtown india
Make video on Tira brand
Well it did nothing as of now. Maybe in the next 5 years we would have to see.
nice beard Caleb!
Thank you! 🙂 -Caleb
First global Indian brand imo must be Tata Industries.
Wht about olx
Urban Company
They're really struggling atm - cannot maintain quality even in India let alone abroad. -Caleb
Does anyone even know lenskart in singapore or something ? Global bs
1st view
I'll also make one someday 🫶 In this list Lenskart is definitely my favourite
LoL. I ended up, being the 4th one, out here.
4⃣🥳💪 -Caleb
@@backstagewithmillionaires We're a team of students from different nationalities, looking forward to making a big fortune for our company and ambitions from out here in India. Your channel has been a motivation in providing me with the required motivation to put up such a feat. Probably we're among the very first inter-continental team of start-up founders, spanning across 3 continents (Asia (India), Africa (Ghana), & Europe (Bosnia)).
Can't wait to see what you guys do! Keep us posted in the comments, best of luck 🙂 -Caleb
@@backstagewithmillionaires Thank you so much for all the wishes, Caleb!
Regards,
~fellow enthusiast
First
By this logic Mahindra, Hero, Bajaj, Amul, Bisleri,Britannia, Fevicol, Parle, ITC everyone is global😂
Read the vid title. *STARTUP*, does it ring a bell?
Just by selling its products in multiple countries you can't call it a global brand
Bhai there is a difference between well established companies and startups started 5-10 years ago
There is difference bw startups and legacy companies
Those aren't global companies. They're just a second rate companies
Zoho
What are the original Idea Indian startups
@@priyanshpandey5545 Amazon, Uber, PayPal, Facebook, Google, Airbnb, Adobe, RUclips, Etc
Mamaearth for example. Tons of companies out there. Priyansh
@@priyanshpandey5545 👍
Its easy to say but the problems of Indian market and to thrive here are way more complicated than u think....
Zepto...I think still globally there are hardly any like them,there are many unique ones who arent not well known,like there is startup pataa,like which gives delivery partners real locations,not the map location where they get puzzled up
Who saport lenskart?
They are not capable to delivered product to customer
Lenskart is not affordable 😂😂😂😂😂
Cult fit is a useless startup!