For designing a wonderful approach to teaching math and for serving over 20,000 students through its 2500 partner teachers. Backed by Unitus Seed Fund, Sequoia Capital and Google's CapitalG, CueMath is India's leading home-based, after-school learning program for mathematics, with a network of 2500 teachers in India.
For spotting an important gap in the online education space and for the high-quality of educational content, as vouched for by its 35,000 students. Testbook is the Matrix Partners-backed online test preparation platform for government jobs and M.Tech. entrance exams.
For building an online furniture retail company which has served over 4 million customers since founding (in 2011). Backed by Zodius Capital, Goldman Sachs & other investors, the company has recently extended into the offline world as well through its 25 stores.
For recording robust user growth traction and good customer reviews from its 25,000+ subscribers. Rentomojo, has built an interesting business model around renting of furniture, home applicances and even bikes.
For building an online platform for parents. The Kae Capital & SEGNEL (Japaneese firm)-backed company has become the go to resource for parents for content in areas like nutrition, health, education, and child psychology and behaviour. Parentune makes money by offering brands marketing solutions to target parents.
For building an Android/iOS app with over 10 million downloads and a rating of 4.6 out of 5 on Google Play. It has Indiani-zed emoticons & GIFs to personalise conversations on mobile in real-time. It is among the top 100 most engaged Android applications globally.
For building India's first smartphone OS with support for multiple regional languages, for reaching over 8 million users and for building India's first app store with 50,000+ apps in regional languages.
For building one of India's early Virtual Reality solutions. It serves clients in architecture, construction, real estate and industrial sectors. The company backed by India Angel Network and Stanford Angels currently works with clients like Tata Power, Asian Paints, Lodha Group and McKinsey.
For building a data analytics firm that specializes in next-generation advanced analytics using AI & machine learning. The company currently services over 42 customers and has touched over Rs. 23 crore in annual revenue in FY17.
For building a global company out of India as it serves brands in 5 countries - Indonesia, South Africa, Japan, Thailand and India. The company has developed a patented technology which tracks TV ads using video fingerprinting; one it believes acts as a key differentiator.
For building a retail distribution platform which solves critical problems for both the retailer and the manufacturer. Over the last year, Shotang has grown at a breakneck pace Ð expanding from 1 to 7 cities, 500 to 15,000 retailers, 50 to 350 employees and all this has enabled a 43x increase in GMV.
For its ability to grow rapidly and clinch 100+ clients in 14 countries. The company has built a world-class Customer Experience Management platform to help its enterprise customers understand customer expectations at a granular level across touch points. It is backed by Cisco Investments, Vertex, IDG and key investors from Chennai Angels.
For its ability to scale up at breakneck pace, touching over Rs. 32 crore in revenue last fiscal, a revenue growth of 10x from last year. J2W is a talent collaboration firm that helps its clients with several layers of their staffing needs.
For building a health-tech and wellness firm that operates at the intersection of nutrition science and prevention of lifestyle diseases. Till date the company has served over 300,000 subscribers and created over 200,000 diet charts, customized by profile of the person.
For its R&D capabilities especially in the area of drug discovery and also for maintaining strong revenue momentum in its stem cell banking business even as it conducts R&D. IAN-backed Transcell Biologics provides end-to-end solutions in the area of stem cell bio banking and also conducts R&D to use stem cell-based techniques for drug discovery.
For building a medical device company that develops and designs easy to use and affordable point-of-care cancer screening solutions for deployment in the developing world. The companyÕs flagship product - iBreastExam (iBE), is a clinically validated, US FDA cleared hand-held, non-invasive and radiation-free mobile health device that provides a painless, standardized and clinically relevant breast examination to identify breast lumps early, at the point-of-care.
For its innovative technology that enables non-contact screening for breast cancer. Axilor & Pi Ventures-backed Niramai Health Analytix detects breast cancer in a non-invasive and sensitive manner through the fusion of thermography and AI.
For its flagship solution, Manthana, which uses AI models to analyse medical data, for various diagnostics processes. While the current solution is designed for peripheral blood smear analysis, the company is building a portfolio of solutions for blood, urine, semen, retinal and chest x-ray analysis.
For its robust user growth numbers and building a reliable brand. The 1mg app has over 10 million downloads and serves 22 million unique visitors every month. 1mg is IndiaÕs leading integrated healthcare platform including an ePharmacy, eDiagnostics, eConsultation in addition to an exhasutive repository of medical information.
For selling over 5 lakh bottles of PeeSafe, for finding customers in India, Canada & Doha, and for identifying a major gap in the market.PeeSafe is a Toilet Seat Sanitizer Spray which makes it 99.9% germs free. PeeSafe was launched to tackle the issues of 200 million women suffering from UTI, majority of whom are affected due to unhygienic toilets.
For identifying and scaling a new category and for bootstrapping its first 40 stores before raising external capital. Backed by Sanjeev Bickchandani, Wow! Momo has scaled up revenues to over Rs. 55 crore in FY17 and operates over 125 stores in 8 cities.
For capturing a glaring gap in the youth apparel market, for innovating on its supply chain to bring to market a new fashion trend within 21 days and for shipping 15 lakh orders in FY17. Campus Sutra is a private-label fashion brand that sells a range of apparel and accessories to students on campuses.
For building a ÔMade in IndiaÕ tea brand which sources tea from 175 Indian plantations and exports to 76 countries. Backed by Fireside Ventures, Mumbai Angels and a host of other angel investors, the company aspires to build a global tea brand from India.
For serving over 3 lakh monthly active users, for building a robust commission-based revenue model for wedding products/services sold on the platform and for touching over 5 crore in GMV last quarter. Blume Ventures-backed The Wedding Brigade, brings together wedding-related content & e-commerce for wedding products and services into a single platform.
For creating robust revenue growth, building a category creating brand and for its ability to put out a healthy juice brand into shelves all over India. Backed by Sequoia & SAAMA Capital, RAW Pressery, in a very short duration, has become IndiaÕs No. 1 cold-pressed juice company, offering 26 varieties of cold-press juices to customers in India and the Middle East.
For scaling up revenues to Rs. 8 crore in FY17 and for establishing an interesting business model with a twist in the residential rental segment. Backed by Incubate Fund & other angel investors, StayAbode is one of IndiaÕs first co-living concepts that uses design, technology, service and brand to build co-living spaces at scale for the rental residential market.
For building a RBI licensed Non-Bank Finance Company (NBFC) that provides two types of loans; one, to educational institutions to help improve the quality of education & another, to parents for K12 students to buy books, uniforms or pay tuition. The company is backed by Michael & Susan Dell Fondation & Aspada Investments.
For enabling greater earnings for drivers, touching a current revenue run rate of INR 7.8 crore, and for serving over 50,000 B2C customers and 40+ enterprise customers. DriveU aggregates background-verified, uniformed drivers for vehicle owners - be it for consumers or businesses. Full-time drivers on the DriveU platform can earn 2x or more than what they earned earlier.
For serving a network of 25,000+ merchants and growing its revenues 8 times last fiscal.IvyCap-funded ftCash is a rapidly growing fin-tech firm built with the goal of empowering micro-merchants and small businesses with the power of digital payments and loans, only using a bank account and a feature phone.
For its nimble approach taken to craft sector-specific solutions like HotelPay, SchoolPay and PartnerPay. Airpay is one of IndiaÕs first PCI-DSS certified omni-channel SaaS payments platform offering Inbound & outbound payments across net banking, mobile PoS, IVR and payment gateways.
For scaling up net disbursals on the platform to INR 40 crore per month, within 17 months of founding. OfBusiness is a first-of-its-kind technology-driven SME financing platform with a product fulfillment engine. The company serves as a single-window for SMEs to get secured and unsecured credit lines, which the SMEs can use for cost-effective procurement of raw material on the platform.
For serving 10mn users on the platform. MoneyView has built one of IndiaÕs fastest growing personal finance apps, helping its users apply for personal loans, invest in mutual funds and plan their overall financial future better.
For serving 150,000 SME customers within 3 years of launching, and scaling up revenue 4 times last fiscal. LegalRaasta is a fintech startup providing taxation and finance services to SMEs, in addition to company registration, FSSI registration, import export code and MSME certification for mid-sized companies in India.
For simplifying payment collection online and for scaling up revenue 3 times last fiscal. Instamojo is India's first on-demand payments platform that allows anybody with a phone and bank account to start an online business and collect payments on the internet in less than 2-minutes.
For acquiring over 35,000 merchants including Videocon, GoIbibo, Zomato, Nykaa, Chai Point, Urban Clap and Nestaway. Backed by Tiger Global & Mastercard, Razorpay is a full-stack hassle-free payments platform that enables more than 100 payment modes along with advanced features like saved cards, link-based payments and more.
For building a robust, profitable business model in the SME-lending space, and for multiplying revenue 7 times last fiscal. Omidyar Network, IIFL Seed Ventures, Khosla Ventures and Aspada Ðbacked NeoGrowth facilitates digital lending to consumer facing small businesses and aims to build a sustainable competitive advantage around achieving scale, favourable unit economics and superior customer experience.
For assessing over 5 million loan applicants and for turning cash flow positive in its second year of operations. CreditVidya is a financial technology startup that offers alternative data-based services to lenders and NBFCs. Its proprietary algorithm utilizes over 10,000 data points, including behavioural, social (social media, ecommerce), transactional (utility/telecom bills) to provide lenders with credit risk assessment, fraud detection and customer profiling.
For serving 50,000+ farmers on its platform and for impacting 1 lakh+ ha acres with the right supply chain technology. Backed by Ankur Capital, BigHaat is an agricultural inputs digital platform for farmers to procure a wide variety of branded and quality inputs from seeds to agri implements. It is a disruptive supply chain technology platform not just for farmers but for all stakeholders in the agri inputs supply chain.
For creating robust volume and revenue growth, having touched revenues of about Rs.30 crore in March 2017. Backed by Nandan Nilekani, Accel Partners and Mistletoe Japan, Ninjacart is India's leading agri-marketing platform connecting vegetables and fruits farmers directly with businesses.
For creating quality and robustness of its supply chain and touching a revenue run rate of Rs. 2 crore a month in Aug 2017. Waycool Foods is a supply chain company that connects perishable produce directly from farms to consumers, through a technology enabled, mechanised and partially automated physical supply chain.
Vignesh Kumar Manogaran and Sendhil Kumar Natarajan
For building an agri value chain integrator working across the post-harvest value chain, catering to the needs of farmer organizations, banks, national and international commodity end users, and development actors through innovative solutions in warehousing, finance and market linkages. Arya today manages more than 1.2 million tonnes of produce across 650 warehouses in 17 states.
For building an agritech company which provides farm-related intelligence, technology, expertise and gadgets to farmers. The company has helped increase yields by nearly 50% for over 140 farmers it works with in the Nilgiri hills in Tamil Nadu. The company is backed by Fireside Ventures, 3One4Capital, TafeÕs Lakshmi Venu, MM Murgappan and several other investors.
For its product Ð Samadhan, a FaaS (Farming-as-a-Service) platform that enables technology to reach the farmer in an efficient and affordable manner through a network of farm centers called Samadhan Kendras. The company is backed by Aspada and has helped manage over 35,000 acres of land in the past 2 years.