Top 10 Promising & Scaleable Startups in Indore

Top 10 Promising & Scaleable Startups In Indore

Indore’s startups have a lot of promise and are predicted to expand quickly.
“The national government is providing several incentives to entrepreneurs and reservations for Indian companies in several industries to aid their growth.” 

Because of the efforts (entrepreneurs in) Indore is making in the field of startups, the city is projected to become a startup hotspot shortly, just like it has in cleanliness.
Indore entrepreneurs working on several company beginnings have the opportunity to attend the ongoing huge Dubai Expo to learn and explore new chances, according to Member of Parliament Shankar Lalwani.

Lalwani, now in Dubai, claims to have asked investors to make investment in many Indore startups.
“All of the major nations have put up their stalls at the Dubai Expo, and India’s stall depicts the country’s growth story. According to Lalwani, India is ranked third in the world in terms of unicorn startup business, who also stated that he spoke with authorities from the Indian Embassy and in-charges of the Indian pavilion at the Dubai Expo about exhibiting Indore startups.

“The people in charge have agreed to enable us to give free space in the Indian pavilion for Indore entrepreneurs to display their companies,” he said, adding that interested entrepreneurs may apply to participate in the expo at bit.ly/indoredubaiexpo.

Dr. Bhagwat Kishanrao Karad, Union Minister of State for Finance, honored 25 startups in the city working on several creative concepts on February 12. According to Karad, Indore’s startups have a lot of promise and are expected to expand quickly.

He had asked Indore-based entrepreneurs to strive to be number one in the success of startups, in addition to cleanliness.
According to Lalwani, TiE-MP (The Indus Entrepreneurs – MP) plans to make investment of Rs 100 crore in Madhya Pradesh startups. At the same time, an I-Hub will be built in Indore on the model of the T-Hub in Hyderabad, a Venture Capital Fund will be established, and Madhya Pradesh’s startup policy will be announced in a week.

There are 730 tech startups in Indore. Here is a list of the top 10 most promising and scalable startups:

1. Gramophone |Online platform providing farm input products and information to the farmers

Farmers may get farm input items and information through an online portal. Farmers can use it to buy crop protection, crop nutrition, seeds, equipment, and other agricultural hardware.

It includes agronomic data like weather forecasts, market pricing, an expenditure calculator, guidance, and best planting techniques. Its app is available on the Android operating system.

Gramophone aims to make a difference in farming by providing timely information, technology, and the proper kind of inputs to help farmers achieve higher yields. Their main aim is to provide the most excellent products and information to farmers.

Gramophone is a one-stop-shop for all types of agricultural inputs. Farmers may purchase authentic crop protection, crop nutrition, seeds, implements, and agro hardware at their doorstep.

Nishant Vats, Tauseef Khan, Harshit Gupta, and Ashish Rajan Singh founded Gramophone in 2016. The founders are IIT and IIM agriculture graduates who are entirely focused on changing our country’s agriculture scene.

Gramophone is an AgTech platform that provides farmers with information and input planning to assist them in achieving higher yields. Gramophone aspires to make a difference in farming by providing timely information, technology, and the appropriate inputs to help farmers achieve higher outcomes.

The company’s goal is to provide farmers with the most outstanding products and news. Gramophone is a one-stop-shop for all types of agricultural inputs. At their doorstep, farmers may purchase authentic crop protection, crop nutrition, seeds, implements, and agro hardware.

Technology has the potential to eliminate knowledge asymmetry in the agricultural sector. Farmers can get a customized package of practices, crop advisories, weather information, and the finest goods to farm in their area. This will boost productivity and allow farmers to enhance their agricultural income sustainably.

Gramophone is developing an Intelligent Farming Platform to help more than 550,000 farmers earn more money. They provide agronomic intelligence and the convenience of receiving agricultural inputs like seeds, crop protection, and crop nutrition.

They’ve transported items to over 10,000 villages, and farmers all throughout the country are connected through the Gramophone multilingual app.

Gramophone has partnered with local young rural businesses for last-mile delivery to help sustain the disrupted rural supply chain, which has resulted in double business in the last three months compared to the last year.

Over three rounds of fundraising, the company has raised $6 million. Info Edge, Raveen Sastry (Co-founder of Myntra.com), Asha Impact, and Better Capital contributed Rs 24 crore ($3.5 million) in Series A funding in August 2019.

Info Edge is a current investor in Gramophone, having invested Rs 14 crore ($1 million) in April 2019 and Rs 6.4 crore ($1 million) in May 2019. In March 2018, the company completed a pre-Series A fundraising round.

They are a one-stop-shop for farmers wishing to purchase agricultural inputs through the internet. Every farmer can use the agronomy app for free.
It has been noticed that many farmers are accepting of technology-based agriculture. They are more probable to interact with agtech entities since they will have access to the correct market for their products and receive the necessary advice help.

This has resulted in fewer crop failures and soil malnutrition. With a simple click or swipe of their phone, they may determine the exact amount of fertilizer their crops require. Agtech entities such as Gramophone, are increasingly serving like a support system for their customers. They even have farm advisors on staff at each location.

Company Overview

2. ShopKirana- Mobile-based B2B marketplace for groceries

Shopkirana is a supply chain firm that focuses on supply chain technology and builds B2B e-commerce platforms.
Shopkirana is a B2B e-commerce startup that focuses on supply chain innovation and technology. Its goal is to help retailers compete by providing them with technology, operational knowledge, and a size advantage.

With transparency and comprehensive market knowledge, the company works directly with companies to raise demand and reach out to the masses.
Shopkirana is based in Indore, India, and was launched in 2015.

Grocery B2B marketplace for mobile devices. Grocery stores and brands are linked through the platform. It collects orders from a variety of shops and forwards them to companies.

It allows shops to place orders straight through its Android-based mobile application.
Britannia, Coca-Cola, Fortune, Parle, Pushp, and more brands are affiliated with the corporation. It gives distributors/brands POS data, trends, projections, and market analysis.

The objective is to work with millions of retailers (by being a part of their supply chain) to make it the most important and fastest way to sell products and services. ShopKirana works directly with companies to help them increase demand and reach a wider audience through openness and comprehensive market knowledge.

ShopKirana is a business-to-business platform founded to empower millions of retailers and connect India’s 1.2 billion people in terms of trade. Even after decades of Internet use in India, tiny mom-and-pop shops account for more than 90% of all retail transactions and remain the backbone of our economy.

With technology and supply chain innovation, we connect merchants directly with brands to source products within 48 hours. Our “ideas implementation” journey began in 2015… We launched India’s first b2b multibrand FMCG/grocery platform for unorganized Kirana retailers.

The Direct app makes it simple to shop and pay for several products at excellent rates. On India’s biggest B2B E-commerce portal, shop directly from the top 350+ brands, wholesalers, merchants, manufacturers, and DTC brands.

Shopping online with DIRECT is simple since you can buy from the comfort of your own home and have things delivered to your door. You can easily browse our wide variety of many categories including grocery, essentials, cosmetics, footwear, fashion, and more by using the free online shopping app on your Android phone.

Company Overview

3. Stage – Online platform for streaming standup videos

STAGE is a content platform for artist-led entertainment in Indian languages—a streaming platform for standup comedy videos. The portal features films on several subjects, including poetry, humor, and storytelling, among others. These videos are available in both English and Hindi. For Android users, the app is accessible. It makes money via in-app adverts.

Praveen Singhal, Shashank Vaishnav, and Vinay Singhal founded STAGE, an Indore-based artist and dialect-led OTT platform, in 2019 after their viral Facebook page WittyFeed was deleted overnight.

WittyFeed was one of India’s most popular websites in 2016. The platform began in 2014 with a user base of one lakh users and grew to 420 million page views and 2.5 billion ad impressions in just two years.

However, once WittyFeed’s Facebook page was deleted overnight in 2018, the creators chose to keep working on content, but differently.
He began exploring content created by Indians outside of the metros with his other co-founders, Praveen Singhal and Shashank Vaishnav.

The three sought to add this hyperlocal flavor to OTT (Over the Top) content after growing up listening to indigenous tales from their parents and grandparents, so they relaunched WittyFeed to STAGE in 2019.

STAGE is an “artist-led and dialect-based OTT platform,” according to the founders. The website, based in Indore, provides unique and original content in local languages like Haryanavi, Rajasthani, Bhojpuri, and Konkani through various art forms including comedy, folk, poetry, storytelling, and motivational content.

STAGE claims that its Haryanvi content has positively reacted, with over four lakh downloads.
“You only begin to develop, grow, and transform after you’ve moved outside your comfort zone.”
The Stage has decided to Venture outside of our comfort zone today.

InnerVoice was created like a place for people to discuss their feelings and have meaningful dialogues about them. What began as a side project for WittyFeed has grown into one of India’s largest communities for poets, comedians, and storytellers.

It established properties like Unheard and Bhasad overtime to give young and upcoming musicians a platform to display their ability.
Over the last three years, this adventure has allowed Stage to engage with millions of artists and individuals, including 6 million.

The Stage has better-understood standup as an art form resulting from the process. InnerVoice also assisted it in better experiencing the artists, the consumers, and the issues that both sides face.

The positive feedback it received on InnerVoice made it realize the importance of standup content and how it can influence people on a large scale. The beauty of this form of content is accessible to everyone.

It’s simple, bulky, and logical all at the same time. The breadth of the standup art form is such that it may be found in all parts of the world, in all languages, and even in local dialects.

Today, the founders are constructing that STAGE that enables artists to create local standup content for a local audience in their context and dialects, a STAGE that allows artists to distribute and monetize their work, a STAGE that enables audiences to discover highly curated local standup content that resonates with them, a STAGE that connects Bharat with Bharat.

Today, InnerVoice became STAGE, an Indian language over-the-top (OTT) platform for artist-driven entertainment such as poetry, comedy, and storytelling.
STAGE – kyuki boli me apnapan hai

Company Overview

4.TeleRickshaw- AutoRickshaw Aggregator

Autorickshaws may be booked online or over the phone through TeleRickshaw. Customers’ drivers are simultaneously notified through SMS. Customers are charged set rates based on distance. With 50 drivers at the start, the company has grown to 5000 as of July 2017, serving 500 clients every day in six cities: Indore, Ujjain, Bhopal, Ludhiana, Chandigarh, and Amritsar.

As a safety measure, a GPS panic button was installed in autorickshaws. Commissions, pre-paid booths, ads on autorickshaws, and formal travel partnerships with nightclubs and event organizers provide revenue.

The Madhya Pradesh government has backed TeleRickshaw under the public-private partnership (PPP) model. TeleRickshaw has amassed a fleet of roughly 5000 Auto Rickshaws, allowing them to play a more effective role in the urban transportation system by providing improved door-to-destination connection and feeder services.

TeleRickshaw created several customer-specific bundles to reduce travel costs.
Ludhiana resident Karan Vir Singh decided to change that with Tele Rickshaw, an Indore-based aggregator business. The only difference was that this was an auto-rickshaw aggregator rather than a cab aggregator. Therefore there were significantly more on-the-ground issues.

Karan moved to Indore to pursue his dream of becoming an engineer. He noticed auto-rickshaw drivers’ monopoly, cab service delays, and a lack of safety options in public transportation networks. He declares, “Why can’t auto-rickshaws be summoned at one’s doorstep the same way cabs can? I thought India’s auto-rickshaw sector was fragmented, unorganized, and unexplored.

The prospect of being the first to organize a highly fragmented business enthralled me to the point where I dropped out of NMIMS to pursue my dream. To me, everything else in the world seemed insignificant. That’s how I got started as an entrepreneur.”
Tele Rickshaw began with a fleet of 50 rickshaws.

It has grown to 5000 people and is about to start service in Bhopal and Ujjain.

Customers can order a rickshaw by visiting the website or calling the official number, 9098098098. (The service is available only in Indore).

When a consumer specifies his travel time, pick-up location, and drop-off destination, the rickshaw drivers are also notified. The consumer is then advised about the approximate time and fare of the trip by the driver who accepts the request first. Once the customer approves, a confirmation text is delivered.

Customers can pay the driver and receive a receipt at the journey’s end.

Company Overview

5.BuildPan – Continuous integration and deployment solution

Mobile applications are essential for every organization, but their creation is time-consuming, laborious, and requires ongoing maintenance and refinement. BuildPan is an AI-powered SaaS service that enables mobile app developers to continually build, integrate, test, and publish their apps across Android and iOS while incorporating real-time user input.

BuildPan reduces costs by up to 60% and reduces time to market by up to 300 percent. Over 7,000 freelancers are served by the organization, with over 34 enterprise clients.
BuildPan is an Android and iOS application development platform that offers a continuous integration and deployment solution.

The company’s technology enables developers to build and deploy tested apps in a production environment. It uses GitID to fetch the repository and produce an auto-build as part of the deployment. The price is based on a monthly consumption model.
Buildpan is a company that creates an application testing and development automation platform.

It’s an AI-powered SaaS solution that helps with continuous integration, testing, and app deployment on the Google Play and Apple App Stores.

Its platform employs artificial intelligence and machine learning to detect errors, crashes, bugs, and device compatibility, as well as a cloud back end and an easy-to-use interface that provides developers with immediate feedback, allowing freelance app developers and enterprise clients to test integrate, and deploy apps.

Sonal Dandotia, Vaibhav Tiwari, and Virendra Chouhan created Buildpan Cloud in 2019, and Anthony Wentzel joined as a co-founder and Chief Technology Officer.
Buildpan raised an undisclosed amount / Convertible Note from Chinaccelerator and SOSV.

Indore is a city in India. BuildPan enables teams to create and release high-quality apps to the market quickly. Buildpan claims to be faster and cheaper as compared to other players in the market.

It not only speeds up the build process but also aids in detecting critical flaws, which are returned to the development cycle before being rebuilt. BuildPan pulls the repository from GitID and creates an auto build along with the deployment.

Clients may use BuildPan to easily set up their IOS and Android apps, build customised websites using the newest tech stacks, execute beta testing using machine learning techniques, and acquire code libraries to develop their mobile/web apps step-by-step.

Company Overview

6. Kiko |Provider of live shopping mobile application for customers

Customers can use a live shopping mobile application provided by the company. It’s a social commerce marketplace platform that includes one-on-one video chats and live shop streaming. Local vendors may use the video shopping and selling platform to build an online store and connect with customers. It sells fashion, cosmetics, home décor, and other items. Mobile apps for Android and iOS are available from the corporation.

Company Overview

7. Genie Talk – Provider of an AI-based virtual assistant

AI-based virtual assistant provider. It enables people to interact with consumers via speech bots or conversational AI, and it can listen, communicate, learn, and change as a result of prior talks. Automobile, e-commerce, call centers, gambling, banking, healthcare, and education applications are all possible applications.

GenieTalk is a virtual assistant that employs artificial intelligence to bring conversation commerce to the app with a personalised experience.

GenieTalk is a virtual assistant that employs artificial intelligence to bring conversation commerce to the app with a personalised experience. It provides a seamless voice and chat interaction experience for quick and easy transactions.

We want to put all transactional needs, such as travel, food, entertainment, bill payments, and so on, into a single platform with a unified and intuitive interface and intelligence. It will be suggestive, predictive, and personalised, assisting users in completing tasks faster and with fewer resources.

GenieTalk.ai is a pioneer in creating the best AI-powered digital experiences, whether voice bots or chatbots, transforming the world from rule-based, monotonous chatbots to interactive and intuitive ‘Human-in-the-Room Experiences with advanced Conversational AI,’ customised solutions for businesses to create seamless business operations and happy customers.

Indore-based GenieTalk.ai is an AI-First CPaaS solution that enables businesses to create a frictionless customer experience across many channels, including chat, audio, call, and email. Their service delivery model is a SaaS platform that allows customers to use the chatbot by integrating a tiny script into their existing services.

This is available as a plan or as a pay-as-you-go service. They created their own IATA-certified travel app, OGenie, which is accessible on the Play Store and App Store and has a built-in voice-activated virtual travel assistant (Virtual Travel Buddy) Genie, which is designed to serve as a travel concierge service.

Company Overview

8. MaalGaadi |App-based marketplace for intercity transport

Maalgaadi is an app-based intercity transportation marketplace. Users may choose cars, locate stopovers, enter delivery information, schedule deliveries, track shipments, and handle e-invoices and e-PODs. Its app is compatible with Android devices. CNBC and DailyHunt have both covered it.

MaalGaadi, situated in Indore, provides effective loading solutions by linking customers with partner drivers for intra-city transportation.

They offer a web-based platform to address the worldwide problem of freight transportation by focusing on the intra-city segment in a mutually advantageous and practical manner. Loading Rickshaws, Tata Ace, Ashok Leyland Dost, Pickup, and Eicher are just a few of the vehicles available in MaalGaadi.

Their main services include: quick car allocation, live and real-time tracking, and customer support for all topics and issues that may arise.

Company Overview

9. Vatsana Technologies |Media network focused on content marketing

Vatsana Technologies is a content marketing-focused media network. Through its numerous brands, including WittyFeed, The Popple, InnerVoice, GeeksMate, and FoodMate, it provides services like as storytelling, poster design, video production, video marketing, influencer marketing, and more.

WittyFeed has been the top digital content platform that offers trending material the way you want it since its beginning in 2014. We’ve got you covered on everything from entertainment to politics to technology to culture, sports, lifestyle, and even health. WittyFeed became the world’s second-largest viral content firm in 2016, and it hasn’t looked back since.

Vatsana Technologies Pvt. Ltd., founded in 2015, has established itself as one of India’s top suppliers of. The supplier is one of the top sellers of the listed products and is based in Indore, Madhya Pradesh.

Vatsana Technologies Pvt. Ltd. is on Trade India’s list of certified vendors who provide high-quality etc. For the highest quality products and service, buy in bulk from us.

Company Overview

10. Anaxee Technologies |Data collection and visualization platform provider

Anaxee Technologies provides a platform for data collecting and visualisation. It has a web-interface that allows you to organise data points into multiple categories and personalise data display to suit your needs. Users can also construct solutions in numerous instances using the data and its different uses. The platform allows users to follow the development of their projects in real time.

Biometrics, Identity Management, and Aadhaar Authentication are all areas of expertise for Anaxee Technologies.

– Anaxee Technologies is a member of the NASSCOM Top 50 IT Innovators 2008 list.
– Vein Pattern Recognition Technology is patented in the United States.
– Sub-AUA in collaboration with UIDAI
– Provides Aadhaar fingerprint scanners that are STQC certified.
– Aadhaar Authentication as a Service (Aadhaar Aadhaar Aadhaar Aadhaar

Anaxee Digital Runners is establishing India’s largest last-mile verification and data gathering network of Digital Runners (shared, tech-enabled feet-on-the-street) to help Businesses and Consumers reach the most remote corners of India on-demand. Tier-2, 3 & 4 KYC | Data Collection | eSign.

ANAXEE TECHNOLOGIES PRIVATE LIMITED is a Private Company that was formed 14 year(s) 1 month(s) 15 day(s) ago on February 08, 2008. ANAXEE TECHNOLOGIES PRIVATE LIMITED is a Non-govt company that is registered with the Registrar of Companies in Mumbai, India.

The authorised share capital and paid up capital of ANAXEE TECHNOLOGIES PRIVATE LIMITED Company at the time of registration were Rs. 1000000 and Rs. 1000000, respectively.

According to the company’s registration, it is engaged in the following business activity class / subclass code 72900: ANAXEE TECHNOLOGIES PRIVATE LIMITED’s main activity is: Other computer-related tasks (such as maintaining other firms’ websites/creating multimedia presentations for other firms, etc.) are classified under COMPUTER AND RELATED ACTIVITIES.

Company Overview