In this video, we take a look at top 10 startups based out of the city of Hyderabad.
0:00 Intro
2:37 Pure EV
3:41 Skyroot Aerospace
4:59 Swipe
6:42 Recykal
8:23 Ekincare
10:17 AdOnMo
11:45 StanPlus
13:01 Bhanzu
14:08 Neemans
15:33 Darwinbox
Pure EV: Founded by two IITians, Nishanth Dongari and Rohit Vadera in 2016, Pure EV began its journey as an IIT Hyderabad incubated startup, and today, they are one of the leading electric two wheeler startups in India. Their most recent product, an electric motorcycle called the Etryst 350, is completely designed, developed and manufactured in India.
Skyroot Aerospace: Started by two former ISRO scientists, Naga Bharath Daka and Pawan Kumar Chandana in 2018, the startup’s goal is to open Space for all by making Spaceflight affordable, reliable and regular. Their current project, Vikram-1, will be India’s first ever privately designed and developed launched vehicle, which they’re hoping to launch before 2022 is over.
Swipe: The company was founded by two serial entrepreneurs and friends, Aditya Vemuganti and Sri Teja Allaparthi, in 2021, and their goal was to make life easier for small and medium-sized businesses. Their main competitors are OKCredit and Khatabook, but Swipe is a comprehensive, all-in-one platform where an SMB can generate bills and invoices, and users can generate GST reports with a single tap.
Recykal: The company was started by serial entrepreneur Abhay Deshpande, who after selling his second startup, Martjack, in 2015, decided to build his next business out of trash. In the early days, their startup followed a B2C model, where they would work with ragpickers who collected waste from residential homes and deposited this waste at Recykal’s recycling centres, but later moved to B2B model as it was more profitable.
Ekincare: Founded by Dinesh Koka, Kiran Kalakuntla, Dr. Noel Coutinho, and Srikant Samudrala, Ekincare works with corporates to offer health benefits programs to their employees. They started with B2C model but quickly realised that B2C preventive healthcare was a hard sell because people don’t usually try to improve their health until serious symptoms start to show up, so the company ended up pivoting to a more profitable B2B2C model.
AdOnMo: The company was founded by Krishna Chaitanya Bommakanti, Sandeep Bommireddi, and Sravanth Gajula back in 2016 with the goal of revolutionising outdoor advertising. AdOnMe built a prototype for this service in 2017, they were testing mounted digital screens on just 5 cabs in Hyderabad, but today the startup has partnered with over 700 brands, they have 18,500 screens across 12 cities in India.
StanPlus: Three INSEAD graduates, Antoine Poirson, Jose Leon, and Prabhadeep Singh started this company back in 2016 with the goal of basically building the Uber of ambulances. The way that they’ve done this is by building a tech platform that aggregates and standarises hospital ambulances, private operators, and government-run services, along with other options like air ambulances at comparatively affordable prices through a business vertical called StanAir.
Bhanzu: The company was founded by Neelakantha Bhanu Prakash, who at the age of 15 held the title of World’s Fastest Human Calculator. He started his entrepreneurial journey in June of 2020, soon after the COVID-19 pandemic started, and he along with his team started teaching math to students through recorded lecture videos on KZfaq.
Neemans: This D2C footwear startups was started by Taran Chhabara, when he came up with the idea for an all-in-one shoe. In 2018, Taran launched Neemans along with Amar Preet Singh - a natural, sustainable, D2C merino wool shoe brand. Eventually, as the company’s popularity grew, they expanded out of the D2C model to put their shoes on the shelves of offline stores like Shoppers Stop, Lifestyle, and online marketplaces like Amazon and Flipkart.
Darwinbox: This SaaS unicorn was started by Chaitanya Peddi, Jayant Paleti, and Rohit Chennamaneni back in 2015, when they realised that none of the available products were focusing on the entire HR lifecycle. In its current form, Darwinbox automates day-to-day HR processes like recruiting, managing, developing, and optimizing employees, and they have a global presence in over 90 countries. In January of 2022, after raising a $72 Million Series D round, Darwinbox became a unicorn.
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