Powered by

Home Insight

Best Startup Ideas in India 2024 for Beginners 

By Viestories
New Update
Startup Ideas in India
Startup Ideas in India

For any entrepreneur who’s looking to launch their startup in India, it’s easy to get overwhelmed by the amount of options out there. With that in mind, we’ve decided to help you sort through the clutter by sharing our thoughts on the best startup ideas in India 2024. We chose these ideas based on market opportunity, customer demand, scalability, and more.

The Indian startup scene has seen rapid growth over the past few years, and it’s not showing any signs of slowing down any time soon. Many venture capitalists are looking to invest in the next big thing, and will be placing bets on India-based startups in 2024. If you’re looking to start your own company in India, these are the best startup ideas in India 2024 that will likely be among the most successful in 2024, So without further ado, here are the best Indian startup ideas we can think of right now.

Top Startup Ideas in India 2024

Let’s take a look at some of the best startup ideas in India 2024 and see how these startups could change the world.

1. Financial Tech Startup Ideas

Financial Tech Startup Ideas
Financial Tech Startup Ideas

India’s information technology industry is going to explode over the next few years, thanks to initiatives like Digital India and Make in India. That’s why it’s a great time to get into financial tech—that is, startups that deal with digital payments and offer services around it, such as mobile wallets or online payment solutions. India is going towards a cashless economy, which will not only aid easy transactions but will also cut down on black money [and] inflation rates.

Paytm and MobiKwik are two great examples of companies already entrenched in these sectors. It doesn’t look likely that they’ll be slowing down anytime soon, which makes them good options for investment. Try doing a quick analysis of your idea based on the following parameters - Customer Problem it solves, Market size/potential and how exactly will you make money from it.

You can get fintech business ideas from Top Fintech Startups in India.

2. Healthcare Technology

Healthcare Technology Startups Ideas
Healthcare Technology Startups Ideas

From health monitoring wearables and medical imaging devices to remote patient monitoring, healthcare technology is one of India’s most promising sectors. With millions of Indians expected to join cities and new middle-class lifestyles over the next decade, demand for innovative healthcare solutions will skyrocket. This will open new business opportunities for startups with smart ideas—and investors willing to fund them.

It’s a growing sector that could be worth $2 billion by 2025, according to some estimates. That said, competition will also be stiff. In many ways, healthcare startups are following a similar path as fintech companies did only a few years ago; both fields require complex regulations to navigate. But what they also share is an enormous market waiting to be disrupted.

Here is the list of Best HealthTech Startups in India.

3. Artificial intelligence

Artificial intelligence Based Startups Ideas
Artificial intelligence Based Startups Ideas

AI is going to be a massive opportunity for startups and entrepreneurs, especially over the next five years. Artificial Intelligence (AI)-based businesses are innovative startup ideas in India. innovative startup ideas in indiaThe ability of machines to parse massive amounts of data and make decisions on their own (or at least, with minimal human input) will only continue to grow. Facebook’s M, Google Now, and Apple’s Siri are all great examples of how AI can help make our lives more convenient. But there are also plenty of opportunities for startups to tackle specific sectors using AI tools—by 2020, it’s expected that 56% of companies will leverage artificial intelligence as part of their business model.

Are you an entrepreneur who has developed an idea or application based around artificial intelligence? If so, we want to hear from you! This year Forbes India decided it was time we held a special edition – one that focused entirely on new businesses that were making their mark in the Artificial Intelligence space.

Know about the Best Artificial Intelligence(AI) Business Ideas for Startup.

4. Robotics

Robotics Based Business Ideas
Robotics Based Business Ideas

Robots will reshape every aspect of life. One estimate suggests that by 2025, robots will displace 25 million workers around the world—and even higher numbers are predicted if adoption continues at its current pace. It’s not just manufacturing and factories that will be affected either; autonomous vehicles and home assistants are already influencing people’s day-to-day lives.

The impact of robotics on society will be a major conversation topic for years to come, with many experts calling for a universal basic income to help support those who lose their jobs to automation. The issue is an important one; we’ll look back on these developments with great interest when they happen.

5. Biotechnology

Biotechnology Based Startups Ideas
Biotechnology Based Startups Ideas

Healthcare is becoming increasingly expensive, and it’s only going to become more difficult for patients to get their hands on affordable health insurance. Biotechnology has made a lot of progress when it comes to finding cures for diseases. As an industry, biotechnology is projected to continue growing at a rapid pace over at least five years, so biotech startups are some of our best bets when we’re looking for startup ideas.

Of course, as with any market opportunity, there will also be competition. If you decide that a biotech startup would work well for you, then here are some possible areas you might want to explore:

  • Genomics-based diagnosis or treatment
  • Neurological treatments
  • Gene therapy
  • Neurodegenerative disease research

6. Software as a service (SaaS)

SaaS Startups Ideas
SaaS Startups Ideas

Software as a service, or SaaS, is a model for distributing software applications via an online service. The term refers to both the delivery of software and resources over the internet, as well as to such services using Internet technology. It has been estimated that more than 60% of existing software today runs on SaaS, including many mass-market web applications. This will only grow from hereon as SaaS becomes cheaper and more robust with time.

By 2025 it’s projected that 89% of all software will be offered as cloud based services; if you think about it, it makes sense. We’re already seeing some major players transition completely to subscription based models (Microsoft Office 365, Adobe Creative Cloud). So what does this mean for you? If your startup isn’t leveraging at least one subscription based business model then you need to seriously consider moving forward with something else quickly; its not going away any time soon.

Here is the Best Profitable Micro SaaS Ideas.

7. Cybersecurity Startups

Cybersecurity Startups Ideas
Cybersecurity Startups Ideas

Cybercrime is big business, and nowhere is that more apparent than in cyberspace. This space has been hit by everything from run-of-the-mill phishing attacks to breaches of classified information. That’s why there’s a huge market for startups that are leveraging technology to combat cyberattacks. The security of our data, bank accounts, businesses and governments is dependent on these startups’ ability to make things safer online. Below are five areas that offer immense potential.

We’re tracking hundreds of cybersecurity startups, including Waratek (provides secure software containers) and Malwarebytes (combats zero-day malware). If you want to start your own cybersecurity company or you know of an interesting one we should add to our list, let us know.

List of Best Cyber Security Startups in India.

8. Agri-tech startups

Agri-tech startups Ideas
Agri-tech Startups Ideas

The Indian economy has a huge number of small and medium farmers; some estimates peg it at about 80 million, each with an average farm size of about 2.5 acres. No wonder then that agriculture is one of our biggest employment sectors; most Indians earn their living from agriculture-related work. That’s why agri-tech is one startup idea worth following; we have an aging farmer population, creating a shortage of labor, which means wages for workers are likely to increase over time.

Farmers will also become more technologically savvy (many already use smartphones to check market prices), making them candidates for adopting products like drone technology or precision irrigation equipment. But there are other benefits too: Growing our agricultural output can help boost exports and create jobs – something we badly need in today’s economy. Some experts estimate that India can potentially grow its total crop production by almost 30% by 2030—so there’s plenty of room for startups here.

Know about the Top Agritech Startups in India.

9. Infrastructure/smart cities

Infrastructure/smart cities startups Ideas
Infrastructure/smart Cities Startups Ideas

India is going to build new and improved infrastructure over the next decade. If you want to find a high-potential startup idea, consider building a company around these trends. The first is smart cities. Indian companies are already doing lots of work on smart lighting; I’m sure they’ll also be interested in building automated transportation systems (like bus rapid transit or e-buses) that use built-in sensors and navigation software to get commuters where they need to go faster than cars could ever manage.

Autonomous car technology will likely be ready for prime time by 2024—so look into self-driving tech as well. Finally, many cities in India are rapidly growing—and will continue to do so through 2024—so there’s likely to be demand for apps and solutions that can help them tackle congestion problems more effectively than today’s traffic apps allow. New roads? No problem.

10. Energy/Environmental Technology

publive-image
Energy/Environmental Technology Based Startups Ideas

With a population of 1.3 billion, India will be responsible for millions of tons of carbon emissions each year—and it’s already a hot spot for pollution. Any startup that could help reduce these numbers is bound to find customers around India. This space might also include solar panels, wind turbines, and more.

11. Mobile/Internet

Mobile and Internet based Startups Ideas
Mobile and Internet Based Startups Ideas

One area where India seems ripe for innovation are mobile apps that make it easier to book things or do everyday tasks from your phone; taxi-hailing services like Uber have already become popular there, and Indian internet users are currently growing at an average rate of 29% per year. Many apps focus on daily activities like finding grocery stores or restaurants, booking air travel or movie tickets (especially when traveling), and translating foreign languages into English.

India is world's third largest startup ecosystem with over 1.24 lakh startups and 110 unicorns. The best startup ideas in India 2024 would probably come from these tech driven sectors like AI and ML, Internet of Things (IoT), Cyber Security and Blockchain.

How do you go about starting your own business in India? You might not think of India as being a hotbed of entrepreneurship and technological innovation, but the country is actually quite ripe with startup ideas that could grow into major businesses in the next decade or so. These are the best startup ideas in India 2024.

Faqs - Startup Ideas in India

How can I get startup ideas in India?
You can get startup ideas in India through various approachesIdentify local needs but think globallyTry to understand the TrendAttend startup events and engage with communitiesDo proper Market researchTry to collaborate with expertsKeep track of government policies and initiativesSocial ImpactContinuous learning
Which business is best for startups in India?
There are various Industries which is best for startups in India:-Health and WellnessTechnology and Software servicesFintechEdtechAgritechE-commerceFood and Beverage IndustrySpace Tech
What is the most successful startup?
Some Most Successful Startup are:-GoogleAmazonMicrosoftApple
What are the top 10 business ideas?
Here is the list of top 10 business ideas:-DropshippingMarketingSocial Media ManagementApp Development Virtual AssistantEvent Planner    Personal trainer    Digital marketing agency Online reselling    Online teaching
Read the Next Article

Top 14 Indian Paint Brands in 2024

The paint sector in India has undergone remarkable expansion and evolution, making a substantial impact on the country's infrastructure advancement, interior design preferences, and overall visual allure. Undoubtedly, the leading paint brands in the nation have been pivotal in this achievement. With the domestic paint industry carrying a valuation of Rs. 50,000 crores, it's noteworthy that decorative paints encompass a significant 75% share of this market.

By Viestories
New Update

Top 14 Indian Paint Brands in 2024

India's infrastructure sector is expanding rapidly. With new buildings being constructed rapidly. However, no infrastructures is incomplete without proper paint. Paint not only enhances the aesthetic appeal of a building but also provides visual satisfaction.

The Indian paint industry is valued at approximately 50,000 crore rupees and is considered one of the fastest-growing industries in Asia. It provides a wide range of  products such as distemper, oil paint, acrylic paint, plastic paint, latex paint, emulsions, and more. In India there are lots of paint industries. In this article we will see some of the best paint companies in india.

Read also - Top 10 Best Organic Food Startups in India

14 Best Indian Paint Brands in 2024

Here is the list of the top Indian paint brands:

1. Asian Paints

Founded in 1942, Asian Paints stands as India's foremost paint enterprise and ranks as Asia's third-largest in the industry.
Top 10 Indian Paint Brands | Asian Paints

In India's paint industry, Asian Paints is the biggest company in the country and the third-largest in Asia. It was Founded in 1942 by four friends - Chimanlal Choksi, Champaklal Choksi, Suryakant Dani, and Arvind Vakil. Its headquarters is situated in Mumbai, India.

Read also - Top 10 Indian Insurtech Startups to Watch | Insurtech Startups In India

It is one of the top leading companies in paint brands with a revenue of Rs.34,488 crores, it is the top paint company in India. It specialises in producing a wide range of paints, for both decorative and industrial purposes. Additionally, as the parent company of Berger International, its has extended its presence globally.

Their services are available in more than 19 countries, Asian Paints has made remarkable progress in revolutionising the paint industry and is widely regarded as the best paint brand in India. Committed to excellence, the company has founded the Asian Paint Colour Academy, which provides comprehensive training programs for paint applicators, ensuring their skills align with the company's high standards.

What distinguishes Asian Paints is its dedication to innovation and customer-focused solutions. By launching creative Initiatives such as Colour Worlds, Home Solutions, ColourNext, and Kid's World, the company seeks to transform homes and spaces worldwide, providing customers with unique and immersive experiences.

2. Indigo Paints

Founded in 2000, Indigo Paints had a modest inception. Exterior Emulsions, Interior Emulsions, Distempers, and Primers are the products of the company.
Top 10 Indian Paint Brands | Indigo Paints

Indigo Paints  was founded in 2000. In the starting days they produce low-cost cement paints. Over time, it expanded its product range to include various types of water-based paints, like Exterior Emulsions, Interior Emulsions, Distempers, Primers, and more.

Read also - Top 10 Freelancing Websites For Freshers in India

Indigo Paints was established in March  2000 and now it is in the top ten paint companies. Headquartered in Pune, the company provides a wide range of products including Interior emulsions, exterior emulsions, enamels, putties, primers, and more.

Currently, indigo Paints is regarded as one of the strongest competitors in the Indian paint market. It has built a reputation as an inventive paint manufacturer, consistently introducing new and unique products not before available in the country.

3. Kansai Nerolac Paints

Kansai Nerolac Paints, the premier paint brand in India, was founded in 1920 and operates from Mumbai, Maharashtra.
Top 10 Indian Paint Brands | Kansai Nerolac Paints

Mumbai-based Kansai Nerolac Paint Ltd founded  in 1920. The company provides a range of products such as Decorative paints, coatings, industrial (re)finishing products, basic and industrial chemicals, and many more. It creates and supplies paint systems for various sectors including cycle, material handling, bus bodies, electrical components, containers, and finishing lines.

Read also - Top 10 Indian IoT Startups | IoT startups in India

In 1986, GNPL signed a TAA in Osaka with Kansai Paints Co. Ltd. of Japan to produce Cathodic Electrodeposition Primer and other advanced coatings for automotive products. GNPL was the first company in India to adopt this technology.

4. Dulux Paints

Dulux stands as India's foremost paint brand, recognized for its pioneering presence since its establishment in 1931.
Top 10 Indian Paint Brands | Dulux Paints

Dulux stands as India's foremost paint brand, recognized for its pioneering presence since its establishment in 1931. With a global reputation, the brand has been associated with esteemed entities like Imperial Chemical Industries and DuPont since its inception.

Read also - Top 10 Indian Gaming Startups | Gaming Companies in India

Headquartered in Gurugram, the company efficiently manages a network of 75 warehouses. Dulux enjoys extensive distribution, particularly within the realm of decorative coatings, solidifying its position as a leading choice for wall paint solutions.

5. British Paints

British Paints stands out as one of India's prominent paint manufacturers and the largest companies in the field.
Top 10 Indian Paint Brands | British Paints

British Paints stands out as one of India's prominent paint manufacturers and the largest companies in the field. With a commitment to delivering tailored painting solutions, the company is dedicated to achieving the utmost customer contentment. Making its foray into the Indian market in 1947, British Paints swiftly ascended to a position of prominence as a top provider of marine, industrial, and architectural coatings.

Read also - Top 10 Venture Capital Firms in Indian Startup Ecosystem

Renowned for its cost-effective approach, British Paints offers an array of industrial and decorative products, solidifying its status as one of India's premier paint brands.

6. Berger Paint

Berger Paints - Founded in Kolkata, this Indian company boasts a widespread presence with 16 manufacturing facilities strategically situated across the nation.
Top 10 Indian Paint Brands | Berger Paint

Kolkata-based Berger Paints India, is one of the top paint companies in India, recognized as a leading paint brand in India.The company operates an extensive network of 16 manufacturing plants across India, along with two in Nepal, one in Poland, and in Russia.

Read also -  Top Inspiring Female Leaders in Indian Startup Ecosystem

Each quarter, Berger Paints is among the fastest-growing companies in the industry. Its product range includes Exterior Wall Coatings, Interior Wall Coatings, Berger Metal & Wood Paints, Undercoats, Express Painting, and Construction Chemicals.

Berger Paints India Limited is the second-largest paint company in the country, known for its rapid growth and high quality and providing the best paints in India. It employs over 3450 employees and has a nationwide distribution network of more than 25,000 dealers. The company ranks second among India's top 10 paint companies by turnover.

7. Jenson & Nicholson Paints

Gurgaon-based Jenson & Nicholson Paints is another one of the young paint companies in India.
Top 10 Indian Paint Brands | Jenson & Nicholson Paints

Gurgaon-based Jenson & Nicholson Paints is another one of the young paint companies in India. But It has established a significant presence in the Indian market. It operates as a joint venture, focusing on industrial paints and decorative paints as its primary offerings.

Read also - Ad Tech Companies in India

What sets this company apart is its commitment to eco-friendly products and their effectiveness against germs. This distinct approach has quickly endeared the brand to the Indian populace, making it a favored choice in the paint market. The company was founded by John Jenson & V. Nageswara Rao. 

8. Grauer & Weil India

Grauer and Weil India Ltd stands as one of the prominent paint enterprises in India.
Top 10 Indian Paint Brands | Grauer and Weil India

Grauer and Weil India Ltd stands as one of the prominent paint enterprises in India. Beyond its operations within the country, the company has extended its reach to multiple other nations. Despite adopting a modest advertising approach, the company has managed to cultivate a strong reputation within the Indian market.

Its products have garnered reviews and ratings resulting in an overall score of 3.8 out of 5, showcasing a commendable standing in comparison to its rivals. The enterprise was established in Kolkata by Ramanlal Shah & Dipesh Mehta.

9. Akzo Nobel India Ltd

Akzo Nobel India Ltd holds the distinction of being the global leader in paint and coating manufacturing.
Top 10 Indian Paint Brands | Akzo Nobel India Ltd

AkzoNobel, is a well known paint and coatings firm, has been active in India for nearly 60 years. As one of the leading paint companies in the country, it has built a strong presence across India, their services are available in 5 different areas.

Read also - Top 10 Best HealthTech Startups in India

AkzoNobel NV acquired Imperial Chemical  Industries Ltd., the holding company of ICI India Limited, through a scheme of arrangement under section 425 of the UK Companies Act 1985. It was renamed as the AkzoNobel India Limited, further establishing its position as a leading provider of high-quality coatings in the country.

In 2012, three more AkzoNobel Group companies operating in India were merged under the AkzoNobel India Limited, making it the country's only integrated Paints and Coatings company with a small Chemicals portfolio.

In addition to paints and coatings, AkzoNobel is engaged in various industries, including automotive, aerospace, marine, and industrial coatings. Their advanced technologies and expertise have made them a trusted partner for businesses looking for high quality protection, performance, and aesthetics.

10. Sirca Paints India Ltd

Founded by  Sanjay Agarwal, Sirca Paints stands as a significant player in the realm of paint and coating manufacturing.
Top 10 Indian Paint Brands | Sirca Paints India Ltd

Founded by  Sanjay Agarwal, Sirca Paints stands as a significant player in the realm of paint and coating manufacturing. Despite its youthfulness, the company has managed to secure a prominent position among India's top 15 paint brands. Initially known by a different name, it was later rebranded.

Read also - Top 10 Best FoodTech Startups in India

Originally incorporated as Sircolor Wood Coatings Private Limited, the company's offerings were well-received by customers, being regarded as products offering good value. However, Sirca's presence in the paint sector of the nation is often overlooked, remaining an underrated entity.

11. Nippon Paints

Nippon Paint Brand

Nippon Paint India Pvt Ltd is a leading paint and product manufacturer based in India. Globally, It ranks as the seventh-largest paint maker. The company was originally founded in 1881 by Jujiro Moteki and Komyosha. Established in India in 2006, Nippon Paint has quickly grown into a major player, recognised for its dedication to providing superior high-quality paint products across a diverse range of segments.

Nippon paint makes high-quality paints and coatings for the automotive, industrial, and decorative sectors. Their environmentally friendly products include Marine coatings, automotive coatings, industrial coatings, and fine chemicals.

A key feature of Nippon Paint's strategy is its focus on sustainability. The company prioritises eco-friendly solutions, integrating sustainable practices into both its manufacturing processes and product lines. Nippon Paint is proud to produce environmentally responsible paints that reduce environmental impact while delivering outstanding performance.

12. Shalimar Paints

Shalimar Paint Brand

Shalimar Paints Ltd has one of the top paint companies in India. Headquartered in Gurgaon, it was established in 1902 by AC Turner and AC Wright. Shalimar Paints specialises in manufacturing and distributing an exceptional range of industrial coatings and decorative paints, catering to a wide range of customers across India.

Through its dedication to innovation and quality, Shalimar pants has maintained its position as a trusted name in the industry, earning a well-deserved reputation as one of the best paint brands in India. The company consistently provides customers with the best of both worlds: high quality products and exceptional service.

Shalimar Paints Ltd has played a key role in painting many of India's iconic structures, including Rashtrapati Bhavan, Howrah Bridge, Vidyasagar Setu, and Salt Lake Stadium.

In 1992, Shalimar Paints established its second manufacturing facility in Nashik, Maharashtra, to serve the Western region as it expanded its presence across India. In 2002, the company further expanded by opening its third  manufacturing plant in Sikandrabad, Uttar Pradesh.

13. Snowcem Paints Limited

Snowcem Paint Brand in India

Snowcem paints limited ranks 10th among India's top paint companies. It was founded  in 1959 by Mr. George Lillington in Mumbai. The company specialises in manufactures interior and exterior emulsions, primers, cement paints, wall putty, more. As one of the biggest cement paint producers in India, Snowcem operates four manufacturing units across the country, generating approximately $6 million. 

14. Sheenlac Paints

publive-image

Sheenlac paints ranks 9th position among India's top paint companies. It was founded in 1962 by Mr. John Peter.  It is known for its innovation, Sheenlac was the first company to introduce sanding sealer and non-alcoholic wood Polish. It operates 4 manufacturing units in the country. They  deal in various types of products such as interior & exterior wood coatings, interior and exterior wall paints, floor coatings paints, automotive coatings, more.

Conclusion

They all are the best paint companies in India, renowned for their diverse selection catering to various sectors. Whether it's intended for household applications, decorative purposes, industrial requirements, or automotive projects, these are the esteemed names in the industry that provide paints of exceptional quality. Choose among these well-established brands, which are highly regarded and widely sought after. Explore the top choices conveniently accessible through online platforms.

This was our selection of the Top 14 Indian Paint Brands. We hope this is useful to you. The order of this list is random.

Read also - Top Drone Startups in India | Indian Dronetech Startups

Frequently asked questions (FAQs)

What are the Top 10 Indian Paint Brands In 2024?
Asian Paints, Indigo Paints, Kansai Nerolac Paints, Dulux Paints, British Paints, Berger Paint, Jenson & Nicholson Paints, Grauer, Weil India, Akzo Nobel India Ltd, Sirca Paints India Ltd. are the Top 10 Indian Paint Brands In 2024.
Which paint brand stands at the No. 1 position in India?
Asian Paints stands at no.1 position in India.
What is the revenue of the paint industry in the Indian market?
Currently, the revenue of the paint industry is around Rs 62,000 crore in the Indian market, as per reported by .