Welcome to the dynamic world of Bangalore's thriving IT startup scene! In this blog, we'll take you on a journey through some of the most exciting and innovative companies that have been making waves in the tech industry. From bike-taxi aggregators to proptech (property technology) platforms, these startups are reshaping the landscape of India's Silicon Valley. Also, if you are looking for making career in IT or start a career, then these would be a great choice.
Have you ever wished for a quicker and more convenient way to navigate through city traffic? Meet Rapido, a bike-taxi aggregator platform founded in 2015. With its user-friendly mobile app, Rapido allows you to book bike rides on the go. In 2022, the company secured a whopping $230 million in a Series E funding round, propelling its valuation to over $1 billion. Rapido has undoubtedly become a game-changer in the Indian bike-taxi market.
2. CRED: Rewriting the Rules of Credit Card Bill Payments
If you're a credit card user in India, CRED is a name you should know. Founded in 2018, CRED offers a unique platform for credit card bill payments, rewarding users who pay on time. The company raised an impressive $450 million in a Series F funding round in 2022, catapulting its valuation to over $8 billion. Discover the world of seamless credit card bill payments with CRED and emerging as giant IT startup in Bangalore.
3. Udaan: Revolutionizing B2B E-commerce
For businesses seeking a seamless connection with wholesalers and manufacturers, Udaan is the go-to B2B e-commerce platform. Established in 2016, Udaan has swiftly grown to become one of India's largest platforms in its category. The company's Series F funding round in 2022 saw an infusion of $825 million, valuing Udaan at over $6.5 billion. Dive into the world of efficient B2B transactions with Udaan.
Imagine getting your groceries and essentials delivered in under 10 minutes. Zepto, the quick commerce platform founded in 2020, has made this a reality. With a Series E funding round raising $200 million in 2022, Zepto's valuation soared past $1 billion. Experience the convenience of rapid deliveries with Zepto, emerging as a leader in India's quick commerce sector and giant IT startup in Bangalore.
Making online and offline payments has never been easier than with PhonePe, a digital payments platform founded in 2015. In a significant move, PhonePe was acquired by Flipkart for $5.7 billion in 2022, solidifying its position as one of India's leading digital payments platforms. Discover the seamless world of digital transactions with PhonePe.
Say goodbye to traditional real estate hassles with NoBroker, a proptech platform founded in 2013. Whether you're looking to rent, buy, or avail other services like packers and movers, NoBroker has you covered. The company raised $210 million in a Series E funding round in 2022, attaining a valuation of over $1 billion. Explore a hassle-free approach to property transactions with NoBroker.
For businesses in need of industrial goods and raw materials, OfBusiness provides a seamless B2B commerce platform. Established in 2016, the company raised $100 million in a Series D funding round in 2022, valuing it at over $5 billion. Join the network of efficient B2B transactions with OfBusiness.
Craving your favorite restaurant dish? Swiggy, founded in 2014, has become a leading food delivery platform in India. The company's impressive Series K funding round in 2022 raised $1.6 billion, valuing Swiggy at over $10 billion. Indulge in a culinary journey with the convenience of Swiggy's food delivery services.
Flipkart, established in 2007, has been a pioneer in the Indian e-commerce space. Acquired by Walmart for $16 billion in 2018, Flipkart continues to be a go-to platform for a wide range of products. Explore the vast world of fashion, electronics, and home goods with Flipkart.
Embrace the future of transportation with Ola Electric, a company dedicated to manufacturing electric scooters and upcoming electric cars. Founded in 2017, Ola Electric raised $200 million in a Series E funding round in 2022, reaching a valuation of over $5 billion. Join the green revolution with Ola Electric's innovative electric vehicles.
Bangalore's tech ecosystem is teeming with innovation, and these startups represent just the tip of the iceberg. As these companies continue to evolve and redefine their industries, the future of Bangalore's IT landscape promises even more exciting developments. Stay tuned for the next wave of groundbreaking startups shaping the technological future of India's Silicon Valley.