Top 10 Best and Most Reputed Startups in Hyderabad 2022

Top 10 Most Reputed Startups in Hyderabad 2022

Lately, Hyderabad has emerged among the top cities as the startups hubs in the country. It has completely gone to the ultimate number of deals and funding. The around figure funding that comes to the city of Hyderabad is $900 million, including the Telangana ecosystem. The T-Hub has pointed out one of their statements on Friday that the year 2021 was considered the breakout year for the country’s unicorn ecosystem and the closing of 42 unicorns in the country, India.

Hyderabad has been ranked in the top list regarding its talent, ecosystem funding, regional ecosystem, and the complete performance standpoints made by the Startup Genome rankings. This city has been considered one of the major cities when it comes to the field of the technology industry. It has been given shelter to many upscale restaurants and different shops. From a historical time, the city of Hyderabad has been known to be the “City of Pearl” and diamond trading centre.

It has been giving its constant empowerment to all kinds of startup and supporting India’s ecosystem. The city has been ranked by one of the latest Global Startup Ecosystem Report(GSER) and has placed Telangana among the “Top Startup for the Regional Ecosystems”.

This year, the city has scored higher than other known cities like Pune and Chennai because of the kind of performance or funding it has acquired. The government of Telangana has been providing offers for recruitment assistance of around Rs10,000 per employee in their first year of operation.

It has also been called the strongest in the life sciences sectors and emerging advanced technologies like AI, Big Data and Analytics. Although the city was a later starter in the startup business, still even after the lack of time, it has emerged to be called as the critical hub for a startup over the last six years and in current times, it has over 6,600 start-ups, all belonging to different sectors and some of them are even close of acquiring the status of a unicorn.

Now, Telangana is emerging to be called the capital for start-ups because of their state’s economy, resources, infrastructure, strong IT/ITES, life sciences industry, and large numbers of research organizations. It has the availability of its vast pool of talent with the best kind of real estate prices.

Apart from these, it has a fantastic type of entrepreneur-friendly policies for the government and trying to help the city become better and better. This year, in September, it made it to the list of top 100 emerging startup ecosystems and has acquired great appreciation globally.

The city has started their journey with the involvement of the T-Hub, which has pioneered the start-up’s activities and brought it to the town of Hyderabad six years ago. The city witnessed several initiatives to promote the creation, innovation, and entrepreneurship. It was always the town’s dream to build a strong kind of innovation-driven economy and make the network better; the state introduced several of their new initiatives like the WE Hub, which enabled the women to acknowledge their presence in society.

Early this year only, the Telangana State Innovation Cell (TSIC), another government of the state, has taken up a step for a better economy and has decided to start 5,000 startups in the coming five years. The cell focuses more on the most innovative and unique entrepreneurs and selects people from rural areas. It has recently launched a Startup Telangana portal for the people who aim to become one destination for the entire startup ecosystem.

The portal helps people and caters to all the services related to the emerging startup like the time-bound manner, which has the recognition of the startup, the grievance redressal and the mentorship. From the time it was launched in November 2015, the name of T-Hub has flourished around 2,000 start-ups across different categories like healthcare, fintech, edtech, software and logistics.

Here are the top entrepreneurs and start-ups emerging in Hyderbad with great speed.

1.  SFarmsIndia

It is an online web application method that works with two of its core functions, one is the act of listing, and the other is the fraction of trading that happens. These two functions have made this startup the most successful and reputed among all. They work together hand-in-hand and has been giving their great synergy.

Many buyers can easily find or search about agricultural lands on the first, called the listing platform. They can also find their sellers with their list or post according to any particular agrarian land sale prices.

This first function enables several farmers and agri-realty developers to quickly buy and sell agricultural lands. The central part of this startup is their second core function, the USP, called Fraction Trading. The use of this function agrees with the seller, also called the agriculture realty developer, to issue the fractions by digital and land contracts against other sellers. The sellers can quickly liquidate their big land parcels by using the scraps. Each agricultural land is permanently assigned with a digital contractor.

It is divided into 2000 fractions per acre, enabling the medium to have the small income for the small groups and acquire several lands easily. SFarmsIndia was founded by Kamesh Mupparaju in 2018 and worked with the cooperation of their co-founder Linus Lindgren. Kamesh is also the startup CEO, whereas Linus is his advisor.

Company overview

2. eKincare

Medical help and medical information are significant in maintaining the overall health of everyone. The recent years have made people believe that the areas that are dealt with the medical aspects are crucial for life. ekincare is the one platform that monitors all the essential medical information and even helps in gathering the medical results from different providers. The startup basically updates the profiles of the various medical agents and gives their single repository for the users, and even store their medical records in their secured system.

With the help of this startup, many companies are very successfully handling their employees’ health and the creation of personalized health benefits. The startup is a complete Artificial Intelligence-driven platform for the users, which helps analyze the data very quickly of all the essential employees of their startup and the easy making of the reports accordingly.

Kiran Kalakuntla is known to be the CEO of skincare, and she has done her engineering at Duke University. She is also the founder of skincare along with the partnership of Srikanth Samudrala in the year 2014. The startup has several investors like the Ventureast, Endiya, Bitkemy Eight Roads.

Company Overview

3. My Dream Store

My Dream Store is the platform that makes different and unique kinds of T-shirts and sells them. Many people desire to wear their style kinds of shirts or T-shirts, so keeping in mind the people’s desire, the startup has emerged like one destination for all your dreams and concerns. Markets sometimes sell only their limited styles of shirts, and they sell these shirts according to their investment and the resources available in their company.

So given a unique way by this startup, you can easily create your particular kind of shirt by yourself and buy it from their website, mydreamstore.com. Many online platforms give clothing to people with different styles but just transforming some ideas straight from your mind on a piece of cloth is an entirely different experience.  

In other words, this startup can also be considered a clothing marketplace, just with a tiny difference that it is a kind of a marketplace that works according to your ideas. The founder of My Dream Store is Karthik Venkat, who completed his engineering at the Motilal Nehru National Institute of Technology and then. Later in life, he worked as a financial analyst in 2014 and founded this great startup.

Company Overview

4. MastiTickets

Launched in the year 2014, the name MastiTickets has been giving its complete services to many people. It has partnered with over 120 cinemas in Andhra Pradesh and Telangana and has enabled many users to book tickets for their desired films or shows very quickly. You can easily book your tickets from their websites, and it is also available in the application form.

Though the startup was launched in 2014, it was actually in 2016, from which the startup was experiencing a significant boost in its demand and popularity. In the year 2017, the renowned startup known by the name of BookMyShow acquired the MastiTickets with their whole cash deal, although the actual amount of the contract is still undisclosed.

Ravi Nirala founded MastiTickets; Ravi is a graduate of Andhra University and has completed his master’s from the same college. He has also worked as a Project Manager in many of the different companies till the year 2013, and this was when he came up with the idea of starting the MastiTickets.

Company Overview

5. REVOS

The term REVOS stands for Revolutionary OS, which is considered to be an artificial intelligence and ML-enabled along with the IoT platform, which is started to cater to the next generation’s vehicles. It has been created to bring more unique styles and creative forms of giving the cars a completely new look according to the desires and needs of the customers. The startup has been working with the powers of 2 & 3 wheelers with their different and intelligent hardware and software.

The company REVOS is trying to make an on-the-go-vehicle kind of analysis of the data, its diagnostics and the most innovative type of control along with the protection and visualization. This Hyderabad based startup has been gaining great remarks on its processes and operations, and it has already made its partnership with the companies like Miracles and Udaan.

Mohit Rajan and Jyotiranjan Harichandran, both of them who are graduates in engineering from the BITS, founded the startup of REVOS in 2017. Mohit worked for Oracle, and then for four years, he worked for Adobe.

Company Overview

6. Psynapce

Healthcare is an essential aspect of our daily lives, and it needs updates and advancement on all levels. Psynapce is again known to be a healthcare tech startup considered among the top companies working in Telangana, Hyderabad. It has given its best services in the backend services to different clinics and large or small-scale hospitals.

 It has excellent services like analytics, EMR systems, inventory management, the hospital’s information system, and the B2B services. Apart from all these fantastic services, the company has also started introducing their application called Savika. It is preferably for more the pregnant ladies helping them, and guiding them on every detail and through every phase of their nine months.

The startup was founded by Raji Harish, Girish Patinharepatt and Rajesh Kumar. One of the founders, Raji Harish, is also the company’s CEO, whereas the other two founders, Rajesh and Girish, are the managing director and the COO.

Company Overview

7. Darwinbox

Darwinbox is a startup, a tool for several recruiters to find their employees efficiently and train them with their best training practice. The company enables their managers to track, locate and analyze the performance of their respected employees working with them. The company has some of their best features and has been on the top list for most people. It has features like the employees’ engagement with the users, their payroll management, and the HR workflow, making the company and their services very useful.

Their application with the voice bot makes it a lot easier. Rohit Chennamaneni, Jayant Paleti and Chaitanya Peddi are the three most reputed founders of the company. All three, with their hard work and dedication, we’re able to get 40 of their clients in just one year. The company raised a total valuation of around $34.5 million in their five funding rounds.

 It is trying to make more changes to their company, bring more people to join them, and make them believe in their cause. In a word, it is called the technology-based startup giving people better chances of living and helping them use the technologies easily.

Company Overview

8. Popicorn

There has been a lot of emerging food start-ups. People spend a lot of money on food on an everyday basis. With time there has been so many cafes, hotels and restaurants bringing great recipes and cuisine according to the likes and taste of the people. Popcorn is a food startup that was initially started in a garage. But now, the startup has been giving their delicious popcorns with low calories but full of the necessary fibres.

You can quickly get the popcorns of your choice and flavour that you want. Their startup also brings their popcorn products from their particular online platforms and offline stores. The flavours are unique and delicious and suit every kind of customer who comes to their company. It was founded in 2016, and it is considered the subsidiary of Time Foods, based by a well-known expert in popcorn flavours and taste, Prashanth Gowriraju.

It delivers its ready-to-eat popcorns and gives away its six different flavours; the company has upgraded itself daily to become a full-fledged company to be called and acquire recognition globally by increasing the Manifold and the growth of the brand.

Company Overview

9. Zippr

It is a very innovative and creative kind of startup helping people for so many years. It has been giving their personalized address to everyone, and if you have a Zippr code, there is no need to enter the complete and long address when ordering anything that you want. When you order something, the delivery man comes to your doorstep and brings your order, and you can easily share your Zippr code with the delivery man to complete the delivery process.

The Zippr code helps to track your location by the delivery man, and it is a combination of four different and random alphabets and four random numbers. Currently, the service of Zippr has only been given to the city of Hyderabad, but it is trying to put more of its efforts into bringing its service to other cities. The founder of Zipper is Aditya Vuchi, who did his engineering at Osmania University and later in his life, he studied at West Virginia University in 2013.

 He founded the startup of Zippr, which the well-known Amazon funds along with the Indian Angel Network. The company has raised a total of $8.6 million in funding in its four rounds. It is a knowledgeable kind of company. It pays their primary focus on addressing the new technologies of the current time. It believes in solving the people’s problems in terms of their identity and accessibility, significantly impacting the government and society.

Company Overview

10. NowFloats

It is a business management company and has been paying great help to many users. It provides several local businesses with a good way or a platform to promote their number of products and services. The startup also helps to get the patent for their advanced kind of technologies with their new levels of creation. The main effect of their startup is called the “Boost”, which provides the easy management of the website and helps automate the company’s SEO.

The different scales of business need different kinds of updates on their website, and Boost takes care of everything directly related to it. The startup of NowFloats is founded by three prominent people, Neeraj Sabharwal, Ronak Kumar Samantray and Jasmindar Gulati. She did her under graduation from the University of Mumbai, and the other founder, Nitin, completed his MBA in marketing and finance from the Indian School of Business.

In contrast, the third founder, Samantray, did his engineering at the College of Engineering and Technology in Bhubaneswar. It easily enables all the small and big scale businesses and helps get an online presence by simply using the feature of the startup. Their website is also beneficial by updating it daily and sending their regular SMS to their business customers.

Company Overview

This list of the companies started by some well-known entrepreneurs has made the city very attractive and successful in terms of dealing and funding and has constantly been helping for more improvement. It is contributing hugely to the ecosystem of the startup in the nation. All of the start-ups working in the city significantlay reduce their cost as the entrepreneurs enjoy approximately 80% of the decrease in price in filling the patents.

The startup provides effortless access to several funds giving guarantees to the number of lenders and even encouraging the banks for providing the venture capital.

One of the significant benefits that the entrepreneur enjoys is the part where they get the tax holidays for the three years, which gives them a lot of benefits. They even get a certification from the board of Inter-Ministerial (IMB).

Most start-ups can apply their services for government tenders because they are exempted from prior experience, so they are applicable for regular companies and enjoy government tenders. The startup needs a good strategy before implementing the whole plan; therefore, the choice should be carefully made, keeping in mind all the necessary points.

 They should carefully consider where they want to start their business before putting the big plan. The funding sources of the startup include families, venture capital, friends, crowdfunding and the different kinds of loans.

These kinds of business always come with a high level of risk as it could include the failure of the whole, as it is possible sometimes. Still, if you look on the bright side, there could also be many benefits, new kinds of innovations, and great opportunities.

edited and proofread by nikita sharma