India’s entrepreneurial ecosystem has been on an exponential rise, fueled by innovation, government support, and the growing influence of digitalization. As of February 2023, a total of 92,683 startups were officially registered. This number witnessed remarkable growth, reaching over 127,000 startups by April 2024, as recorded by the Department for Promotion of Industry and Internal Trade (DPIIT). This rapid growth reflects how businesses are transforming industries and redefining market standards
Let’s take a look at some businesses that have made a significant impact in their respective sectors and are definitely worth watching out for in 2025:
CashKaro: Founded in 2013 by entrepreneurial couple Swati and Rohan Bhargava, CashKaro has grown to become India’s largest cashback and coupon platform. The idea for CashKaro was inspired by the significant savings Swati and Rohan experienced while booking their honeymoon tickets through a cashback website. Motivated to transform India’s shopping habits, they aimed to introduce cashback benefits to Indian consumers. CashKaro partners with over 1,500 brands like Amazon, Flipkart, Myntra, and Nykaa. By shopping through CashKaro, users can earn additional cashback on all their online purchases. What sets CashKaro apart is that this cashback is real money, which can either be transferred directly to a bank account or redeemed as Amazon Pay balance. Backed by ₹250 crores in funding from investors such as the late Mr. Ratan Tata, Kalaari Capital, KIP and Affle Global, the company achieved ₹300 crores in revenue in 2023, generating ₹4,000 crores in GMV. To date, it has given ₹1,000 crores in real cashback to users, transforming India’s shopping habits. This year, CashKaro launched the Aadat Badlo campaign to encourage Indians to rethink their shopping habits and highlight the tangible benefits of cashback, busting the myth that cashback is “too good to be true.”
Swati and Rohan also launched EarnKaro in 2019, a platform empowering influencers to monetize their reach through affiliate marketing. Recently, Swati and Rohan introduced The BAD Podcast (Be A Dreamer), a platform for influencers to share stories of financial success through affiliate marketing, inspiring others to dream big. With these initiatives, CashKaro and its founders continue to redefine how India shops and empowers individuals to thrive in the digital economy.
TeamLease Digital: TeamLease Digital powers companies with invested and productive tech talent. Since its inception, the company has hired over 80,000 professionals, with over 10,000 consultants currently deployed across 200+ clients, including numerous Fortune 500 companies. Driven by the mission of ‘Putting India to Work,’ TeamLease Digital fulfills over 7,000 job openings daily, creating significant business impact by cost-effectively matching client needs with top-quality market resources. The company has trained over 500,000 working professionals in core focus areas of the tech sectors like Project Management, Programming Languages, Cybersecurity, Gen AI and more. With a robust tech ecosystem that offers one of the best professional hiring engines in the industry. High-impact upskilling programs, reliable compliance, and the ability to tackle high-volume hiring across India, TeamLease Digital stands as the preferred partner for companies seeking a competitive edge through superior tech talent.
Revfin: Revfin, an innovative digital lending platform, is spearheading the transformation in sustainable mobility while actively promoting financial inclusion in India by offering convenient and accessible financing solutions. Revfin employs cutting-edge techniques such as Biometrics, Psychometrics, and Gamification to issue loans based on non-traditional data sources through its own NBFC. With a robust digital infrastructure and IoT-enabled monitoring capabilities, Revfin stands out in vehicle tracking, empowering drivers to optimize their earnings. Since its establishment in 2018, Revfin has been at the forefront of revolutionizing sustainable mobility, initially focusing on financing E3Ws and later expanding its scope to encompass various electric vehicles, including 2Ws, 4Ws, batteries, and charging stations. Sustainable mobility, ecosystem development, financial inclusion, and women’s empowerment form the core principles of Revfin.
iBUS Network and Infrastructure: Founded on December 27, 2010, and headquartered in Bangalore, iBUS is a leading provider of digital infrastructure solutions in India, specializing in bridging the digital divide and advancing 5G convergence. The company focuses on scalable connectivity through its core offerings: Mobility solutions for seamless mobile connectivity, Managed Wi-Fi services for secure, high-speed internet, and Intelligent Building Operating Systems (iBOS) to optimize building performance using data-driven insights.
Led by visionaries Ram Sellaratnam, Subash Vasudevan, and Sunil Menon, iBUS serves diverse sectors, including IT parks, airports, government institutions, education institutions, hospitals, and hotels. Its B2B approach positions iBUS as a trusted partner for enterprises, delivering next-gen connectivity, sustainable infrastructure, and innovative applied technology. With a vision to “Connecting Everyone, Everything, Everywhere,” iBUS aims to be synonymous with digital infrastructure and connectivity solutions in India.
Ease My Trip: EaseMyTrip (a publicly listed company at NSE and BSE) is India’s one of largest online travel platform in terms of air ticket bookings, based on the Crisil Report-Assessment of the OTA Industry in India, February 2021. Furthermore, growing at a CAGR of 47% during FY20-24 in profits before tax, it is one of the fastest-growing internet companies. Bootstrapped and profitable since its inception, EaseMyTrip offers ‘End to End’ travel solutions including air tickets, hotels and holiday packages, rail & bus tickets as well as ancillary value-added services.
EaseMyTrip offers its users the option of a zero-convenience fee during bookings. EaseMyTrip provides its users with access to more than 400 international and domestic airlines, over 2+ million hotels as well as train/bus tickets and taxi rentals for major cities in India. Founded in 2008, EaseMyTrip has offices across various Indian cities, including Noida, Delhi and Gurugram, Bengaluru, and Mumbai. Its international offices (as subsidiary companies) are in the Philippines, Singapore, Thailand, the UAE, the UK, the USA and New Zealand.
QueueBuster: QueueBuster is a POS (Point-of-Sale) solution that enables businesses to run their retail touchpoints with utmost ease. It is a full-stack POS application to manage inventory, billing, daily ledger, eStore, customer loyalty programs and many more using a single platform.
Its interface allows single-user, multi-user, multi-outlet and multi-partner businesses to run their daily operations efficiently, along with providing valuable data-driven insights to improve productivity. From large-format retail stores to small carts and kiosks, QueueBuster is an all-in-one POS solution for businesses – big or small.
Redcliffe Labs: Redcliffe Labs is a purpose-driven pan-India omnichannel service provider working progressively to give India its right to quality diagnostics. Its services are available in 220+ cities across India through its network of 80+ advanced labs powered by 2000+ collection centers and home collection services, serving the masses in tier 1, 2, and 3 cities, and beyond. The company has already served more than 7M+ patients with high-end diagnostics, demonstrating an unwavering commitment to providing quality diagnostics across Bharat.
Astroyogi: Astroyogi is a digital astrology platform that introduced online astrology in India to provide 24/7 real-time consultation. Established in 2001, by serial entrepreneur Meena Kapoor, the intent was to focus on providing horoscopes and astrology as daily consumables for the Indian audience, it later pivoted in 2016 under the guidance of COO Aditya Kapoor, becoming an App First engagement platform. Presently, 5000+ skilled professionals proficient in 11+ languages offer digital and offline services with the domain of faith on the platform, covering a spectrum from vaastu consultations to numerology, pooja services and rejuvenating sessions like reiki and pranic healing. The app caters to a global customer base of 3 million and is headquartered in Gurgaon, Haryana.
