Successful Startups of India 2022

Successful Startups of India

India is one of the countries with the highest number of startups. There were almost 50,000 startups in 2018 and the number has only grown further. So, it won’t be controversial to say that almost 3 startups take birth every day in India. But there are so many of them that may or may not make their way to the top. Also, each startup comes with a unique product or service to offer. And to make it to the top, their product/service has to be the best and they need to make others believe in it. Additionally, the team has to be passionate about their work which will help them convince the investors with funding.    

For your knowledge, Byloapp has found the 5 Best Successful Startups of India as of 2022. This blog contains an overview of some of the best startups that have proved themselves commendably. 

Some of the most successful startups of India:

1. Zomato 

Zomato is a multinational company that is providing its services worldwide. It was founded by Deepinder Goyal and Pankaj Chaddah in July 2008. This online food ordering company – from which people can order food from the comfort of their house, is changing the game. Their IPO hit the market on 21 July 2021 and it is the second-largest IPO market after SBI. 

The industries Zomato is part of are: food delivery, mobile apps, reservations, and restaurants. They have a workforce of more than 5000, widespread in 32 nationalities. Since the time this startup has launched, it has only gone up. Zomato has also hinted that their large chunk will go into quick commerce which means that they will be delivering their services in under 30 minutes. 

Facebook: Zomato
Instagram: Zomato

ZOMATO – Successful Startups of India

2. Unacademy

Unacademy is a unicorn startup that was founded in 2015 by Roman Saini, Gaurav Munjal, and Hemesh Singh. It is a web-based online learning platform that offers educational material, online lectures, and exams. That being said, they are the best and have a big name in educational technology (EdTech). Also, they focus on all the levels of education such as school, colleges and also other competitive exams.

Unacademy has more than 30 million registered users and has more than 3,50,000 paying subscribers. Moreover, their goal is to spread knowledge and make it affordable and accessible to all the students by getting the best experts in the world to help them achieve their goals.

Facebook: Unacademy
Instagram: Unacademy

Unacademy – Successful Startups of India

3. Nykaa – One of the most successful Startups of India

Nykaa is India’s first women-led profitable unicorn startup. They started with an online app selling beauty products and health items. But now it has its stores all over India. It was founded by Falguni Nayar in 2012. She became an entrepreneur at the age of 49, setting examples for many young girls. Her passion, determination, and grit took her to where she is. The industries Nykaa is part of are: beauty, E-commerce, fashion, lifestyle, online portals, and wellness. Later, they also introduced their own Nykaa Cosmetics, Nykaa Men, Nykaa Naturals, Nykaa Luxe, and Nykaa Fashion. In addition, they recently introduced their intimate collection called NA-KD by Nykaa.

In October 2021, the company got SEBI’s approval to launch their 4000 Cr. IPO. And now after the company’s IPO lists, valuation surged to $14 Billion. Now, they have acquired many brands under them and they continue to do so. The company already has a big name and they are on the path to making it even bigger.

Facebook: Nykaa
Instagram: Nykaa

NYKAA – Successful Startups of India

4. Razorpay – Successful Startups of India

Razorpay is a payment acceptance, processing, and disbursement platform for businesses. It was founded in 2014 by Harshil Mathur and Shashank Kumar. Also, the industries Razorpay is part of are: financial services, FinTech, payments, and software. This successful startup has over 5000 employees under them to make the brand more fortunate. But the brand is specifically for businesses no matter how big or small. And they accept payments digitally with minimum effort and maximum ease.

Earlier, Razorpay was talking with US-based tech investor TCV to raise $270 million which could double the valuation of the former company to $5.5-6 billion. Thus, they are continuously looking to improve and expand their payments gateway options. Altogether, Razorpay aims to transform money management for online businesses by providing clean, developer-friendly APIs and hassle-free integration.

Facebook: Razorpay
Instagram: Razorpay

Razorpay – Successful Startups of India

5. OLA Cabs

OLA is an Indian multinational auto mobility ride-sharing company. The company was born in Kormangala in the year 2010 by Ankit Bhati and Bhavish Aggarwal. OLA is part of the apps, internet, mobile, ride-sharing, and transportation industries. In 2018, they extended their operations internationally in Australia, New Zealand, and the United Kingdom.

Over the years, they have launched themselves in many industries like: Ola Fleet, Ola Foods, Ola Dash, Ola Financial Services, and Ola Cars. News flashed that Ola is going to file for IPO but later got delayed due to the pandemic. However, The IPO is estimated to raise upwards of $1 billion at a valuation between $8 billion and $14 billion. Recently they also launched Ola Electric, the most advanced electric scooter ever, and called it the future of mobility. Now, that they have already made a name for themselves in many industries, they are expanding more.

Facebook: Ola Cabs
Instagram: Ola Cabs

OLA – Successful Startups of India


All in all, the startups we have listed have now reached heights and are booming successfully. We hope to see more such companies making a name for themselves and bringing new innovations.

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Another successful startup of India is – Byloapp – Indian Social Media App. Here are the links for Byloapp on Play Store & Byloapp on App Store.

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