5 Fastmover Startups in India


India has a population of well over a billion, and with so much early focus on tech careers quickly prompting the nation to emphasize technical skills, even the poor infrastructure and significant bureaucracy haven't dinged the strong push for technical jobs and globally-recognized tech startups. And in an age when it's easy to Google the best website builder and bring a startup to life with a simple website, there are several brilliant tech startups from India which deserve acknowledgement.

Especially as India's constantly-changing economy and a new generation of startups and entrepreneurs are cutting through the red tape and becoming producers with global and domestic significance, these startups have handled tough competition and still reflect great optimism and strong entrepreneurial spirit.

The Flipkart Startup

Flipkart is based in Bangalore, and was founded nearly a decade ago. An ecommerce giant, it raised the most amount of investor fundingever procured by an Indian company, and looked to become a company worth as much as $100 billion within the next few years. Flipkart is one of the few Indian startups which have revolutionized the Indian venture capital model, and was revolutionary by catering first to Indian culture by accepting cash-or-card on delivery.

The Hike Startup

Hike first came together in Delhi during December back in 2012, and was a mobile messaging app. Now, it has more than 35 million users around the world, with a great majority of those based in Europe, the Middle East, and India itself. Primarily, it allows users to text and send images without utilizing their phone's data plan, and easily use the internet instead. And this startup might stay significant: they've recently acquired other startups with complementary assets and business models, which will eventually allow their users to do even more using internet rather than phone. All told, it could be the new, improved Skype.

The Exotel Startup

This Indian startup is primarily serving cloud-based telephone services, including virtual numbers, applications, and services, which ideally reduce or eliminate the need for call centers. Primarily serving big organizational-level clients, it has received a significant amount of venture capital and a notable number of service awards in its industry. Emerging Company in 2014, it's been named the B2B startup to watch by more than a few business media outlets the world over.

The WebEngage Startup

Customer engagement has been an ever-hotter topic across many industries, as it's been statistically proven to positively affect brand loyalty, brand awareness, and brand buzz, as well as often increasing purchases and user engagement. WebEngage is one of the new companies which provides a suite so that clients can more easily engage with clients: particularly in the ecommerce segment.

Based in Mumbai, WebEngage makes it easy for their clients to offer promotions, surveys, and other perks in return for their engagement. With a presence in over 40 countries and a large and growing customer base, they'll be another one to watch, especially if they can harness big data to provide more targeted insights on client behaviors to their subscribers.

The Druva Software Startup

Software is often a more difficult tech startup, in great part because creating sound software requires a strong team of very talented coders and engineers. But the Druva Software group has delivered, and now serves over 3,000 major companies, from NASA to Xerox. Their platform?

It's a suite of high-security data protection with a user-friendly platform which ideally minimalizes the expense generally used by major companies for high-end IT security specialists. And this strong startup has received several rounds of venture funding, all totally over $67 million. Druva calls them the fastest-growing company in the industry, and their security solutions have consistently won notable awards in the field.