Venture investors wagered heavily on hyper-local delivery startups as well as on potential businesses in sectors like education, healthcare, and tourism in 2015 as they competed fiercely to support the next big idea. To expand their businesses, start-ups had to rely more and more on investor capital in the second half. Startups like Ola, Snapdeal, Quikr, Zomato, and Paytm crossed the $1 billion valuation threshold and joined the ultra-exclusive “Unicorn” club. Here are our top five start-ups to keep an eye on in 2019.
Bumper
Bumper, a one-stop shop for all post-sales automotive support and needs, was established in 2015. The Bengaluru-based business assists customers in obtaining precise quotations for any damage, paint, or repair work. Also, it makes it easy for consumers to schedule appointments at any of the more than 100 workshops in Bangalore for any necessary auto maintenance or repairs. All major brands’ robust authorised dealer networks have been maintained by it.
Akhil Gupta is the project’s driving force, and it just received $0.5 million in startup funding from SAIF partners, which it hopes to use to create a knowledge hub of technological professionals to address all automotive-related issues.
“Customers today genuinely don’t know which shop in town is the best, what exactly needs to be done to their automobile, or what the fair pricing is for the work in question. By gathering vetted seminars and service providers, we are working to find a solution to this issue. According to Akhil Gupta, co-founder of Bumper, “Our app makes it incredibly simple to find the best solution for your car issue and track real-time status as the job is being done.”
USP: Real-time maintenance status, a broad dealer network, and on-road assistance are
Rivigo
The goal of Rivigo, which was once known as TrucksFirst, is to create a logistics network that is more dependable and secure. According to Rivigo, delivery transit times can be cut by 50% to 70%. It offers top-notch services to customers in key industry sectors like e-commerce, FMCG, auto, pharma, and cold chain. A $30 million Series B funding round led by SAIF Partners has just completed.
“Rivigo has continuously vowed to innovate in the nation’s high-growth logistics sector and make these services easy to use, effective, secure, and long-lasting for enterprises. In light of the upcoming GST Law, we also predict increased growth for this market, according to Deepak Garg, founder and CEO of Rivigo.
USP: Sensors that track security and location to track each vehicle’s performance down to its individual parts, an emphasis on driver training and happiness, a 24×7 servicing network, and quick response times.
Buildzar
Buildzar is an online marketplace for all home improvement needs that was established by Vineet Singh and Swapnil Tripathi. It attempts to simplify and streamline the home-building process. Offering
It attempts to simplify and streamline the home-building process. With aspirations to grow over the next three years to tier-2 cities, it now provides a comprehensive variety of construction products to Delhi/NCR.
USP: Beztimate to determine building costs, package deals on products, and other fixtures.
Faida
With its headquarters in Jaipur Faida.com is a marketplace for both new and secondhand goods. Users can swap products using their company’s distinctive business model in a cashless transaction without spending any money. Gaurav Jain and Vipul Paliwal created this modern-day barter network, which just just secured a seed investment of more than $1,000,000. Commenting about their distinctive business concept, Vipul Paliwal, Co-Founder of Faida.com, said, “We think change is healthy, and people like to periodically freshen up their homes and surroundings. There are a limited number of services available on the market that let you purchase or sell brand-new things, but none of them offer an exchange platform. With the introduction of the exchange, Faida.com has now taken a step further and expanded its scope.In addition to purchase and sell, Faida.com has now taken a step further and enlarged its scope by adding the exchange. We’ll be launching a ground-breaking online concept soon where people may trade in their old products for new ones that fit different categories and purposes.
Faida is accessible throughout India, and its marketing campaigns will soon begin in tier 2 and tier 3 cities.
USP: Promote the shared economy as a
Chillr
Chillr is successfully pushing the cashless economy while riding the smartphone trend. For the promotion of their app, ChillrIt has partnered with HDFC and Bank of Baroda. Chillr, a person-to-person money transfer software created by Sony Joy, enables users to send money to anyone on their phone’s contact list without the need for the recipient’s bank account information. The software also enables online utility bill payment and pre-paid phone recharge. Seqouia Capital just contributed $5 million to Chillr.
USP: Utility bill payment, pre-paid recharge, and mobile cash transfer without sharing banking information.
