Innovation is fueled by information technology and growth is the key to company success. Business innovation has a similar effect on the economy as fire had on the process of industrialization. It’s difficult to think of a single industry that has not been helped by the explosion of digital technology. Agriculture, which is quite physical, uses computers. Computers are used by farmers for a variety of tasks, including keeping track of productivity, budgeting, researching technical concerns and purchasing.
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The startup ecosystem in India’s information technology industry is one of the most powerful in the world. A surge of cutting edge IT firms has surfaced in recent years, pushing the limits of technology and changing India’s position in the global arena. This blog will explore the Top 10 Information Technology startups that are creating an impact with their innovative products and ground-breaking concepts.
Here is the List of the Top 10 Information Technology (IT) Startups in India
Swiggy
Swiggy is India’s biggest meal delivery service. It operates in 27 cities and has relationships with more than 40000 outlets. The company has its headquarters in Bangalore. Its current market worth is around $5 billion. In the end, the company’s target market increased to 50 million, providing swiggy with a once in a lifetime chance. When Zomato entered the market in 2014, the meal delivery services only had five delivery men and 25 outlet partners, but in less than 4 years, the business entered the unicorn startup category.
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The company’s excellent customer service value chain is the key to its success. The business has always been devoted to its consumers , which makes it apart from other startups’. Swiggy succeeded in separating out from the competition at a time when other meal delivery firms like food panda were having trouble. Swiggy is India’s most prosperous IT startup as a result.
InMobi
In 2011, InMobi became the India’s first unicorn startup company. It employs over 1500 people across 22 of his located across 12 countries and 5 continents. The startup is backed by Softbank, Ram Shriram’s Sherpalo Ventures.
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Mobile publishers and app developers can provide their users with a stimulating, in-context, native ad environment thanks to InMobi’s native ad platform.
Phone
In India, PhonePe is a well known digital payment and financial service platform. It was introduced in 2016 and is currently among India’s top mobile payment apps. Among other financial Services, it enables customers to send money, make payments on bills, recharge their cell phones, purchase insurance and invest in mutual funds.
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The application employs unified payment interface technology to support bank account transfers. In a variety of transactions, it also provides a variety of cashback in sentences and offers to its subscribers. Both the iOS and Android operating systems allow for download of the app.
RazorPay
An Indian electronic payment startup called RazorPay offers payment options to companies and organisations of all sizes. RazorPay, a company that was founded in 2014, provides a system that helps companies to accept and take care of online payments. In addition to payment gateways, membership payment, hyperlinks and intelligent collect, the company also provides other payment services.
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Additionally, it also offers a variety of user-friendly API’s and SDK’s that let companies tailor and incorporate payment options into their websites and mobile applications. Among the many sectors that RazorPay supports are E-Commerce, education, and hospitality and it has won numerous prices for innovation and service.