2018 In Review: Four Indian Startups That Were A Cut Above The Rest

This article is part of the special end-of-year series of B2b, 2018 under review, in which we will update his report on the main developments in the top startup in india ecosystem of India and its impact on various stakeholders, from entrepreneurs to investors.

It is at that time of the year again when we look back and think how fast the year went by. Time seems to fly faster with each passing year, is not it? Or maybe it’s just our life getting busier. Well, whatever the case, here we are, facing another year.

B2b, which has its finger on the pulse that reverberates through the Top Startup Schemes By The Government of India ecosystem of India, has been bringing all developments from space. We believe that the end of the year is a good time to reflect on the key milestones that were achieved and to celebrate the passion, ambition and persistence of the new companies in India.

It is important to celebrate Top Startup Conferences and their successes, given the ruthless world in which they operate. Reportedly, 90% of startups in India fail in the first five years of startup. Therefore, those that have an impact must be placed in the center of attention, celebrated and presented as an inspiration for new startups in the process of creation.

This year, like many others of the past, has brought with it some shooting stars in the world of startups, companies that have jumped to fame for one feat or another. ‘The Outliers: Four Indian startups that stood out above the rest’ of Inc42 is an effort to compile a list of startups that had a phenomenal year and exceeded the expectations of industry observers and perhaps even the founders themselves.

The new companies that make the cut are Udaan, a B2B e-commerce platform that became the fastest unicorn in India; Dream11, which combines fantasy games with India’s favorite sport, cricket, and is getting tremendous results; Cure.Fit, that tries to be the Amazon of the services of health and physical conditioning to order; and ShareChat, which is taking local languages and making them common through its social media platform.

Each new company / company on this list has one feature in common: that of creating a niche for itself and also creating a successful scale, in a very short time. The niche transformation to scale is music for investors, and these new companies have undoubtedly attracted a lot of investors from India and abroad.

Without further ado, here are the new companies that were atypical in their success story in 2018:

Udaan: The New Unicorn Of High Flight In The Block

What happens when you get more money than you asked for? Well, it happened to one of the newest participants in Unicorn Club, Udaan, a B2B e-commerce platform for SMEs founded in 2016 by the former Flipkartians Sujeet Kumar, Vaibhav Gupta and Amod Malviya.

The co-founders of Udaan, three former Flipsters (yes, again), wanted to raise $ 150 million earlier this year with the intention of attracting some new investors along with existing ones, but they ended up raising $ 225 million in September., valuing the company in $ 1 Bn.

Udaan, which Top Startup in india connects manufacturers and wholesalers with online retailers, is an authentic atypical, not only to achieve this feat but also to achieve it within 26 months of its launch, becoming the fastest Indian company to achieve unicorn status "The market opportunity is huge. We also represent more than 15% -20% of the business of many of the vendors on the platform. And our average of repeat transactions is seven times a month. These metrics are a great validation that there is a great demand for our type of market from end to end ".