India’s top 2 successful start ups

India with a population of almost 1 billion has always provided great opportunities to start ups. People from every possible background are available in india which makes it easy to start any kind of start up. Also since india has all type geographical locations, and various types of culture, people can generate n number of ideas to start a business as the customers of our country belong to various domains. Apart from that what is most important for any start up is having skilled workers and smart managers who have really good and creative brain to make the business successful and the best part is that most of the indians are very smart and talented in that way.

India has produced some really great start ups which are so successful by now that their idea and their success is inspiring many other indians who want to venture into the world of start ups. To support such people the government of India also initiated a campaign known as the start up India to catalyse the start up culture and to promote innovative entrepreneurship .So today i’ll be writing about the top three start up companies in India.

PAYTM:

It is an indian e-commerce payment system and financial technology company which was founded on august 2010, by vijay shekhar sharma. This online platform actually got popular for it’s online recharge and bill payment services. It was among the first online recharge service provider due to which it had an advantage of having a wider reach of audience. Also since that was the time when people started using smart phones it became a bonus point for Paytm to grow in the market. Paytm focused more on customer retention by giving them cash backs and various discount coupons in their own digital wallet known as paytm wallet. I hope you all remember buying a softdrink like coca cola and find a cash back coupon code of paytm. Paytm used such great brands to promote it’s digital wallet which became a major hit among customers as they found online transaction way more easy.

OYO ROOMS :

Who doesn’t know about oyo rooms, you all can find oyo rooms in every corner of india because this start up has achieved so much success . You won’t believe but this company is just 7 years old ! yes oyo rooms was founded by ritesh agarwal in the year of 2013. It became successful because of it’s cheap budgeted hotels with excellent service and beautiful rooms. Also let me tell you the founder of oyo became one of the youngest billionaire ( he’s just 26 years old ) and he belonged to a small town named raigada of odisha. Isn’t this inspiring ?

I hope the success stories of such start ups inspire some of you to start your own venture.