Welcome to the dynamic world of startups in Bangalore, India’s bustling tech hub, where innovation and entrepreneurship converge to shape the future. As we enter 2024, the city’s startup ecosystem continues flourishing, with many companies revolutionising industries and redefining how we live and work.
With the city being termed the nation’s Silicon Valley, Bengaluru is home to some of the leading global tech startups. Wondering what those are?
This article will discuss the “Top 10 Startup Companies in Bangalore To Look Out For in 2024.” From cutting-edge technology to groundbreaking solutions, these startups are poised to impact their respective domains significantly.
So, join us on this exhilarating journey as we explore the trailblazers redefining the boundaries of what’s possible in the startup world.
Top 10 Startups in Bangalore
Bangalore has been home to many successful startups over the years. These companies have chosen Bangalore as their base due to the city’s conducive ecosystem for startups, which includes access to talent, infrastructure, investors, and a collaborative community.
The city’s reputation as the “Silicon Valley of India” further attracts entrepreneurs and innovators nationwide and globally. Here is a curated list of some of the top startup companies in Bangalore.
Year of foundation: 2015
Founded by: Mayank Kumar, Phalgun Kompalli, and Ronnie Screwvala
Industry: Online Education
Product/Services: upGrad, one of the best startup companies in Bangalore for freshers, is a pioneering ed-tech platform that focuses on providing higher education opportunities to freshers and working professionals. With a wide array of online courses and mentorship programs, it empowers individuals to upskill and achieve their career goals.
Recognised on LinkedIn’s list of top Indian startups, upGrad’s commitment to quality education and innovation continues to shape the future of learning in India.
upGrad provides many courses to help students become experts in their chosen career fields. For example, the Executive Post Graduate Program in Software Development – Specialisation in Full Stack Development is a prominent program for aspiring developers hoping to excel with a specialisation in full stack.
Year of foundation: 2011
Founded by: Gaurav Singh Kushwaha and Sudeep Nagar
Industry: Jewellery Retailer
Product/Services: BlueStone is an online jewellery store that has redefined how people shop for jewellery. Offering a vast collection of exquisite designs, BlueStone ensures quality and authenticity. It is one of the high paying startups in Bangalore. With an initial revenue run rate of around INR 80-100 crores per year, they are expanding operations across India, opening new stores, and providing a seamless online-to-offline shopping experience. Their recent revenue for FY 2022 was approximately INR 461.4 crores.
Year of foundation: 2016
Founded by: Mr. Debendra Prasad, Mr. Juby John
Industry: Relocation and Logistics
Product/Services: AssureShift is a comprehensive packers and movers reference portal, connecting customers with trusted relocation experts. With an emphasis on genuine profiles and quality service, AssureShift ensures a hassle-free moving experience. Whether it’s local shifting or interstate relocation, AssureShift’s network of professionals provides tailored solutions to meet individual needs.
4. Infosys Limited
Year of foundation: 1981
Founded by: N. R. Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal, K. Dinesh, N. S. Raghavan
Industry: Information Technology and Consulting
Product/Services: Infosys is a global leader in next-generation digital services and consulting. They enable clients in 46 countries to navigate their digital transformation. They are one of the top startup IT companies in Bangalore.
With over forty years of expertise managing global enterprises’ systems and operations, they expertly guide their clients through their digital journey. This is accomplished by enabling the enterprise with an AI-powered approach that helps prioritise the execution of change.
Their commitment to an ongoing learning agenda fuels constant enhancement as they cultivate and share digital skills, expertise, and innovative ideas within their ecosystem. This very reason contributes to its standing as one of the sought-after choices for aspiring freshers.
Year of foundation: 2011
Founded by: Anand Prakash, Vamsi Krishna, and Pulkit Jain
Product/Services: Vedantu is revolutionising education with its live online classes taught by experienced teachers. With a focus on quality education, Vedantu is bridging the gap between traditional classrooms and digital learning, making education accessible to all, which has made it one of the leading startup companies in Bangalore and India as well, working towards quality education.
Year of foundation: 2015
Founded by: Vidit Aatrey and Sanjeev Brahmwal
Product/Services: Meesho is a reselling app that empowers entrepreneurs to start businesses without investment. Offering a virtual store, Meesho provides access to a wide range of products, easy order management, and reliable payment methods. It’s a platform that fosters entrepreneurship, especially among women, and supports them in building successful online businesses, which has further led it to become one of the most prominent startups born in Bangalore.
Check out our free technology courses to get an edge over the competition.
Year of foundation: 2013
Founded by: Nimmi Cherian, Priyaank Choubey and Deepu Sebin
Product/Services: DailyRounds is a comprehensive network for medical professionals, offering Pharma Analytics, curated medical content, and insights. It fosters a community where doctors can collaborate, learn, and grow. With partnerships with institutions like Stanford University and the Harvard School of Medicine, DailyRounds is shaping the future of medical education and practice. One of this kind, this startup has aptly claimed its name among the list of thriving Bengaluru startups.
Year of foundation: 2014
Founded by: Nikhil Shivaprasad and Mithun Srivatsa
Product/Services: Blowhorn offers an innovative online marketplace for last-mile logistics, connecting customers with mini-truck owners. Blowhorn’s platform is designed to navigate congested urban areas and ensure swift and efficient goods transportation. With real-time tracking, transparent pricing, and a commitment to sustainability, Blowhorn is a revolutionary startup redefining logistics in India.
Year of foundation: 2014
Founded by: Able Joseph
Industry: Dating App
Product/Services: Aisle is a unique platform designed for Indians worldwide, focusing on meaningful relationships and marriage. More than just a dating app, Aisle is one of the top startups in Bangalore. It ensures safety through telephonic interviews and background checks. With curated matches and a community of like-minded individuals, Aisle creates a space where genuine connections can flourish.
10. ShieldSquare (MoneyOnMobile)
Year of foundation: 2010
Founded by: Rajat Sharma, Shashank Joshi, and Ranjeet Oak
Product/Services: MoneyOnMobile, backed by ShieldSquare, is a payment platform that simplifies how consumers pay. Allowing payments through mobile phones by scanning barcodes on store receipts, MoneyOnMobile is enhancing the convenience of everyday transactions making it one of the leading Bangalore startups. With secure technology and user-friendly interfaces, it’s transforming the fintech landscape in India.
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Check Out upGrad’s Software Development Courses to upskill yourself.
Bangalore’s startup ecosystem is a testament to the city’s relentless spirit of innovation and entrepreneurship. These enterprises are not just businesses but visionaries shaping the future. Their contributions span industries, from e-commerce to healthcare, each bringing unique solutions.
For aspiring entrepreneurs, these startups serve as beacons, illuminating the path to success and showcasing endless possibilities. As we move forward, it’s exciting to envision the transformative impact these startups will have locally and globally. Here’s to a future brimming with innovation, growth, and boundless potential!
If you want to become an entrepreneur and run a successful startup in the current digital scenario, you must become an AI and Machine Learning expert. With upGrad’s Executive Post Graduate Programme in Machine Learning & AI course, you gain in-demand AI skills across tools like ChatGPT, Dall-E, Midjourney and more, equipping you to keep up with the tech-driven change striving towards us.
Why is Bangalore considered a hub for startup companies?
Bangalore, often dubbed the 'Silicon Valley of India,' boasts a robust tech ecosystem, skilled workforce, and favourable policies, making it a magnet for startups and innovation.
How were the top startup companies in Bangalore selected for this list?
The top startups were chosen based on factors like innovation, growth rate, funding, market presence, and their impact on the industry.
How can these startup companies impact the local and global markets?
These startups introduce innovative solutions, create jobs locally, and expand globally, influencing market dynamics and setting industry trends.
How can someone stay updated with the progress and developments of these startup companies?
Following company websites, subscribing to newsletters, and monitoring industry news portals can keep one updated on startup progress.
Can these startup companies serve as inspiration or models for aspiring entrepreneurs?
Yes. Startup success stories, challenges faced, and innovative approaches offer invaluable lessons and motivation for budding entrepreneurs.