A casual observer of Indian media will probably imagine Delhi (NCR), with its many issues of traffic, pollution, ‘aggression’, and political gamesmanship to be a bit of a crisis zone. Thankfully, none of this has stopped the region from evolving as a premium and preferred destination for startups and entrepreneurs (after Bengaluru). In fact, if anything, the NCR region’s many founders, both storied and otherwise, seem to thrive on the ‘jugaadu’ mindset and overarching ambition to think big, always, that people expect them to have.
Over the last five years, the National Capital Region has produced several posterboys of Indian startups and now houses four unicorns including Snapdeal, Zomato, ShopClues, and Paytm. Besides funded peers, the city also counts great bootstrapped stories like Wingify, Sollfege, The Testament, and Voice Tree, amongst others.
While up until 2014–15 the NCR region had a reputation for manufacturing e-commerce ventures, things have changed in the last 12–18 months.
Now we see the emergence of several technology and logistics startups. Unlike e-commerce and logistics startups, pure play technology companies lament the access to quality employees in the region. But gradually this problem is also getting sorted.
NCR’s fledgling startup ecosystem has drawn almost all the blue-chip investors and according to YourStory Research, the region has outnumbered Bengaluru in number of investment deals so far this year. Delhi reported about 184 deals while Bengaluru managed 156 investment deals in total.
Besides the above startups who have graduated beyond the starting up phase, here’s a list of 10 firms, from early to mid-stage, that promise to make an impact.
Crofarm: Crofarm is the brainchild of serial entrepreneurs Varun Khurana and Prashant Jain. Launched in April this year, Crofarm is changing the way businesses procure agricultural produce by essentially weeding out intermediaries. Currently, it works with Metro, Jubilant Foodworks, Bigbazaar, Grofers, and Big Basket, among others.
Magicpin: Magicpin creates online communities of users and merchants that drive and visually capture the local buzz, activities, and transactions. It helps the community discover trending events and serves as a visual referral network for new customer acquisition and engagement.
Hey Delhi, listen up! We are coming to your city on September 3 as part of TechSparks city meetups happening across India. Get ready to listen and engage with us and tell us your stories. Book your spot for free here.
The grand finale event for TechSparks 2016, India’s most loved startup summit, will be held in Bengaluru on September 30 and October 1. Interested in applying to be the TECH30, this year’s top 30 early-stage startups? Apply here.
Interested in exhibiting at the event to 4800+ curated attendees? Exhibitor applications here.
Want to attend the event? Get your tickets to the Grand Finale here.
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Coral Carebook (CCB): CCB is a medicine management venture backed by proprietary technology, inventive packaging, and a full service pharmacy. Its core service includes multi-dose packaging (patent pending) along with automated dose reminders and refill deliveries to help ensure complete adherence.
Rivigo: Founded in 2014 as TruckFirst, the company currently provides high quality services across major industry verticals such as e-commerce, FMCG, auto, pharma, and the cold-chain space. With over 550 company-owned trucks, Rivigo offers line-haul solutions and claims to lower transit time by 50–70 percent compared to typical operators.
HyperTrack: HyperTrack helps businesses by providing them a ‘track and trace’ service for their local deliveries. Just like users can see their Uber ride coming to them on a map with an ETA, along with driver’s photo and contact details, similarly using HyperTrack, any app can provide the same experience to its consumers. The company is founded by serial entrepreneur Kashyap Deorah and Tapan Pandita.