Do you ever wonder why Bangalore is known as the tech hub or the Silicon Valley of India? It is the hub for tech startups due to the talent pool and supportive startup ecosystem. The city provides a space for startups to thrive globally. Here, we will explore the top 10 startups in Bangalore rising as the top players revolutionizing the tech scene! We will discuss the top startups in Bangalore and their story!
Top 10 Tech Startups in Bangalore
The top innovative startups in Bangalore with global presence and revolutionizing industries are as follows:
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Yellow.ai
Yellow.ai, formerly Yellow Messenger, is a global leader in AI-led enterprise customer service tools. They offer an AI chatbot for diverse mediums to enable their customers to provide seamless customer services and boost customer retention. They rely on a multi-LLM architecture, which is trained annually with 16B+ conversations.
Co-founders Raghu Ravinutala (CEO), Rashid Khan (CPO), and Jaya Kishore Gollareddy (CTO) incorporated the startup in 2016, which became one of the unicorn AI startups in Bangalore. The following year, they achieved significant milestones, such as securing over 1 million users after 4-5 months of launch. After rebranding, they secured Series A funding of $4 Million and grew their revenue by 4X (source).
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Razorpay
Razorpay is India’s first financial platform that offers all the financial services enterprises need to accept, process, and disburse finance. They are one of the most successful fintech startups in Bangalore dealing with UPIs, credit cards, debit cards, net banking, and leading online wallets. They provide diverse APIs with easy integration to streamline all the financial needs of a business while complying with the regulations.
Harshil Mathur and Shashank Kumar laid the pillar of the unicorn startup Razorpay in 2014. Razorpay has been leading in the fintech market of Bengaluru with a total funding of $742 Million raised through 11 rounds since the first raised in 2015 (source).
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Rapido
Rapido is India’s top ride-hailing service-providing startup. They are known for their last-mile connectivity and affordable commute in urban areas. Rapido has made commuting faster and cheaper with their tech-based bike taxi services and the auto and cab hailing service. They are the leading name in sustainable startups in Bangalore, as they plan on incorporating the EV in their business model. They recently mentioned in an interview that they plan on converting all their bike taxis to EVs in some cities like Delhi.
Rishikesh S R, Pavan Guntupalli, and Aravind Sanka co-founded Rapido in 2015 and, to date, have secured $559 Million in funding through 12 rounds.
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Unacademy
Unacademy is one of the leading unicorn EdTech startups in Bangalore, offering tech-driven education to students nationwide. From recorded classes to live sessions, Unacademy offers specialized courses on competitive exams like NEET, JEE, CAT, UPSC, CLAT, and more. They provide a platform for educators, students, and parents to interact.
Gaurav Munjal started Unacademy as a YouTube channel back in 2010. However, Gaurav Munjal, Hemesh Singh, and Roman Saini officially co-founded the startup in 2015. They have secured $880 Million in funding to date.
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Udaan
Udaan is one of the leading unicorn B2B e-commerce startups in Bangalore and has a national presence. They specialize in offering a platform for small businesses to expand their business. They have secured a 70% market share of the eB2B industry. Their network connects suppliers and retailers nationwide in diverse sectors like FMCG, staples, pharma, and more.
Udaan was co-founded by Amod Malviya, Sujeet Kumar, and Vaibhav Gupta in 2016. They have secured the funding of $1.95 Billion through 18 fundraising rounds.
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Ather Energy
Ather Energy is one of the leading and most recognized sustainable startups in Bangalore with unicorn status. They are one of the early adopters of EVs, who revolutionized the industry with cutting-edge technology to create robust battery and charging networks for their EV scooters.
Tarun Mehta and Swapnil Jain founded the company in 2013. They are one of the few hardware suppliers for EVs known for the tech innovations in Bangalore. The tech-sustainable startup has secured $502 Million in funding through 19 rounds since its establishment.
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Increff
Increff is known to bring tech innovations to Bangalore’s inventory and supply chain management. They are known as one of the innovative startups in Bangalore that offers data-driven retail SaaS solutions to help businesses manage their operations and make data-backed decisions based on the insights gathered through Increff.
Increff was co-founded by Rajul Jain (CEO), Anushuman Agarwal (COO), Vishal Raj (CTO), and Romil Jain in 2016. They have secured $17.1 Million over three rounds of fundraising.
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Ninjacart
Ninjacart is blending the Bangalore tech industry with agriculture to connect farmers and consumers. The agritech startup focuses on building a reliable agri-trade market online to help farmers earn more and help consumers access fresh groceries. They offer diverse products catering to different needs in the agriculture market.
Kartheeswaran KK, Vasudevan C, Sharath Loganathan, Ashutosh Vikram, Thiru Nagarajan, and Sachin Jose established the company in 2015. They have secured $508 Million in funding through 10 rounds.
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Practo
Practo is one of the early adopters and one of the top health tech startups in Bangalore. They bridge the gap between patients and doctors by creating a platform for digital consultation, checkups, and medical record management. Practo has been leading the way in making healthcare accessible.
Practo was co-founded by Shashank ND0 (CEO) and Abhinav Lal (CTO) in 2008. The healthcare startup has secured $228 Million through 9 rounds of fundraising.
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Scripbox
Scripbox is among the top fintech startups in Bangalore, offering wealth management and mutual fund management services nationwide. They help individuals invest in diverse sources to create wealth with digital solutions.
Atul Shinghal and Sanjiv Singhal started the company in 2012. They have secured $80.5 Million over 12 rounds of fundraising.
Do you want to explore the emerging startups in Bangalore? Startup events can help you familiarize yourself with the Banglore tech industry and the
ecosystem! One such startup event is the Global Startup Summit by 21BY72. The Global Startup Summit offers a stage for startups, entrepreneurs, investors, and industry experts to gather under one roof for networking. We organize exhibitions, pitching events, panel discussions, and expert speeches to facilitate industry understanding and networking. You can secure an early bird discount to our Bharat’s Leading Startup Summit Season 4 by 21BY72 through our website!
Conclusion
Bangalore is the tech hub of the Silicon Valley of India, housing hundreds of tech startups. We have curated the list of top 10 tech startups in Bangalore disrupting their respective industries like edtech, fintech, agritech, customer management, and more. Read this blog to learn about the top innovative startups in Bangalore.
FAQs
1. Why is Bangalore called the Silicon Valley of India?
Bangalore is known as the Silicon Valley of India because it houses more than 10k startups relying on technology. The startup ecosystem in Bangalore has supportive government policies, a skilled workforce in technical fields, and innovative entrepreneurs. Due to their technical strength, they have become the hub for tech startups. Additionally, Bangalore attracts significant venture capital funding, has an intense research and development culture, and hosts top engineering institutions like IISc and IIT Bangalore, further fueling its reputation as a global tech powerhouse.
2. What are the top industries in Bangalore?
Bangalore is the hub for many industries. However, technology is the core of all the leading industries in Bangalore. A few top industries are SaaS, FinTech, EdTech, AgriTech, HealthTech, AI, E-commerce, and EVs. Bangalore’s ecosystem is focused on creating sustainable and result-driven startups that positively impact society.
3. Who are the successful entrepreneurs in Bangalore?
Bangalore has produced some of India’s top entrepreneurs. Gaurav Munjal, Hemesh Singh, and Roman Saini (Unacademy) transformed EdTech, while Sachin & Binny Bansal (Flipkart) revolutionized e-commerce. Harshil Mathur & Shashank Kumar (Razorpay) made digital payments seamless, and Tarun Mehta & Swapnil Jain (Ather Energy) are leading India’s EV revolution. Sriharsha Majety (Swiggy) disrupted the food delivery space. These entrepreneurs have shaped Bangalore’s startup ecosystem, attracting global investors and fostering a culture of innovation.
4. How do you find investors for startups in Bangalore?
Finding investors in Bangalore involves networking with venture capital firms. Startups can connect with angel investors via platforms like Indian Angel Network and LetsVenture. Attending incubators and accelerator programs such as NSRCEL (IIM Bangalore) and 10,000 Startups (NASSCOM) can also help. Additionally, participating in networking events like TiE Bangalore and 21by72’s Global Startup Summit offers opportunities to pitch to investors and secure funding.
