In 2024, the entrepreneurial landscape in India is buzzing with excitement as the nation celebrates National Startup Day, a dedicated occasion to applaud the achievements and potential of the thriving startup sector. This year’s theme, “Celebrating 8 Years of Innovation,” reflects the remarkable journey of India’s startup ecosystem, which has evolved into the third-largest globally. 2024 promises to be a pivotal year, propelling Indian startups to new heights and reinforcing the nation’s position as a global hub for innovation and entrepreneurship. Let’s take a look at 8 such promising startups to watch out for in 2024.
- upGrad
upGrad, a leading online education platform, distinguishes itself by offering an extensive array of courses across diverse domains such as technology, business, and creative arts. upGrad is committed to delivering top-notch learning experiences. The platform’s success is underpinned by a distinctive business model that seamlessly integrates online and offline learning elements. Live online classes, interactive sessions, and personalized mentorship collectively contribute to a comprehensive and enriching learning environment for students. Moreover, upGrad’s courses are designed with flexibility in mind, allowing learners to proceed at their own pace and convenience. The anticipated trajectory for upGrad in 2024 involves further expansion, reaching new horizons, and broadening its course offerings to meet the diverse needs of its student community.
- Infinity Learn by Sri Chaitanya
Infinity Learn by Sri Chaitanya, India’s leading Hybrid Learning platform, caters to a vast community of 7 million users, with 750,000 actively subscribing to premium content. Focused on outcome-driven education, the platform is a beacon for academic excellence. It is dedicated to providing quality content for personal and academic growth to its users, and equally committed to fostering innovation within its team. The platform’s extensive collection of questions and intuitive learning tools reflects its adaptability to modern educational needs. Infinity Learn’s overarching vision is to simplify and amplify the learning experience, making education accessible and affordable for all.
- UNIVO Education
UNIVO Education, India’s leading online higher education company, is redefining online program management and higher education partnerships. They work closely with prestigious educational institutions in Africa, the Middle East, and India to incorporate them into the digital learning landscape. UNIVO provides a range of services, such as creating educational programs and robust support systems for students. They are dedicated to making online higher education accessible through cutting-edge technology. They have developed an e-learning platform powered by the latest generative AI technology, actively contributing to the evolution of EdTech infrastructure. Furthermore, UNIVO plans to expand its workforce by 100% in this fiscal year, demonstrating its ambition and importance in online education. They focus on achieving sustainable learning outcomes and improving employability, making them a noteworthy player in the EdTech startup scene.
- CarLelo, A Capri Loan Venture
CarLelo, A Capri Loan Venture, reshapes the car buying experience with its advanced online platform. As India’s premier multi-brand virtual car showroom, CarLelo excels in delivering a seamless and stress-free process for acquiring new cars. With a focus on personalized experiences, CarLelo recognizes the uniqueness of purchasing a new car. The platform empowers customers to browse an extensive catalog, choosing their preferred brand, model, variant, color, features, and mileage—all from the comfort of their homes. Distinguished by its direct link to local dealers, CarLelo streamlines the process, eliminating the need for physical visits. Going beyond conventional norms, CarLelo is not just transforming the car buying journey but has evolved into a leading online marketplace, offering competitive low-interest rates and minimal paperwork for dream car financing.
- apna.co
Established in 2019, apna.co stands as India’s foremost jobs and professional networking platform, passionately committed to empowering the nation’s growing workforce by unlocking unparalleled networking and skill development prospects. Positioned on a mission to facilitate livelihoods for billions in India, apna.co has swiftly become a cornerstone in the professional landscape. Boasting a staggering user base of over 51 million spread across 600+ cities, and counting, the platform offers a new destination for individuals to explore pertinent opportunities. With the trust of over 500,000 recruiters from small and medium-sized businesses to large enterprises, apna.co has emerged as a go-to resource for job seekers and employers alike. The platform not only connects talent with opportunities but also fosters a community-driven ethos, shaping the future of professional networking and career growth in India.
- mPokket
mPokket – India’s fastest-growing loan app – is undoubtedly a startup to watch out for in 2024, showcasing remarkable growth and innovation in the fintech landscape. Since its inception in 2016, mPokket has emerged as a leading digital lending platform with a mission to empower India’s youth by addressing the credit gap. The platform’s unique focus on providing small and flexible loans, particularly to college students and young professionals, has garnered attention. With a commitment to financial inclusion, mPokket has served more than 10 million individuals across 19,000 pin codes. mPokket prioritizes customer experience and retention as integral components of its growth strategy. The company places a strong emphasis on customer education, financial literacy, and user-friendly experiences through its mobile app. The company now provides instant loans up to Rs. 45,000.
- Farmley
Founded in July 2017 by Akash Sharma and Abhishek Agarwal, Farmley is reimagining dry fruits and nuts in lip-smacking flavours and innovative snacking formats. Their deep sourcing mechanisms, in-house production facilities and an innovative R&D team helps them come up with unique products that have the best of health & taste in every bite. They have built deep back-end linkages with 5000+ farmers & producers to provide adulteration free signature dry fruits & nuts. Farmley is a full-stack brand offering 100+ products curated from these signature dry fruits for various eating occasions.
Endorsed by former Indian cricket captain, Rahul Dravid, Farmley is emerging as the most loved healthy snacking new age brand. It is available on all leading e-commerce & quick commerce channels like Amazon, Flipkart, BlinkIt, Zepto, Swiggy Instamart & Big Basket. It is also present across 10000+ retail outlets in top 50 Indian cities.
- Hero Vired
Hero Vired, India’s premium learntech Company for professionals and higher education aspirants under the Hero Group, stands out in the market with a distinctive value proposition aimed at addressing the pervasive “employability paradox” in India. Hero Vired focuses on providing comprehensive skilling, upskilling, and reskilling programs to bridge the gap between the skills graduates possess and the demands of the Industry 4.0 landscape. The integration of cutting-edge technologies, including Artificial Intelligence (AI), Machine Learning (ML), and Extended Reality (XR), into educational offerings at Hero Vired represents a forward-thinking approach to enhance the learning experience and align education with the demands of the modern workforce. With a resounding positive impact on over 3000 learners, Hero Vired stands out by equipping individuals with essential skills, markedly increasing their employability and readiness for the job market.
Source: PR Agency
