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Top 10 Retail Startups in India

By Viestories
New Update
Pepperfry, Arzooo, Fassos, Chumbak, MeatRoot, Sleepy Owl, Blinkit , Licious and Bombay Shaving Company are the Top 10 Retail Startups in India

Today most people change their shopping style and lots of people shop online. As digitization is growing everything is growing online and due to this there is a huge growth in every sector and retail startups are one of them.

There are lots of people such as Amazon is one of the biggest retail startups. But in this article, we will see some top Retail Startups in India.

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Here is the list of the Top 10 Retail Startups in India

1. Pepperfry

Pepperfry - Retail Startups in India
Top 10 Retail Startups in India | Pepperfry

Pepperfry is a Mumbai-based retail startup that sells multi-brand furniture and home decor. It sells its brand as well as other brands. It has more than 75lakh customers and it is available in 500+ cities.

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It was founded by Ambareesh Murty and Ashish Shah in 2012 and they offer multiple types of products such as home decorations, kitchen items, furniture, and more. It is funded by multiple investors such as Bertelsmann India Investments, State Street Global Advisors, Pidilite Industries, Norwest Venture Partners, and Goldman Sachs.

2. Arzooo

Arzooo - Retail Startups in India
Top 10 Retail Startups in India | Arzooo

Arzooo is a Bangalore-based Indian retail tech startup that offers large numbers of electronic products. It supports opposite auctions where sellers propose the price instead of the buyer for which they are ready to sell.

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This ensures that people receive a fair price for their selected products. It was founded by Khushnud Khan and Rishi Raj Rathore in 2016. It is backed by Jabbar Internet Group, Omphalos Ventures,  WRVI Capital, and  Trifecta Capital.

3. Fassos

Fassos - Retail Startups in India
Top 10 Retail Startups in India | Fassos

Fassos is a Mumbai-based online food delivery platform. It has more than 300 cloud kitchens where they offer food to their customer's doorstep. It offers every veg, non-veg, and dessert as well. It was founded by Jaydeep Burman and Kallol Banerjee in 2011.

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It is backed by multiple investors such as Sistema Asia Capital, Goldman Sachs, Alteria Capital,  Northwest Industrial Logistics, Gojek, Coatue Management, and Go Ventures.

4. Chumbak

Chumbak - Retail Startups in India

Chumbak is a Bengaluru-based design-based retail startup that offers designer products in multiple categories such as home decor, fashion, accessories, and personal care. Their product is influenced by the world’s different forms of art and culture.

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It also started some offline stores. It was founded by Vivek Prabhakar and Shubhra Chadda in 2010. It is backed by multiple investors such as Narayan Ramachandran, Gaja Capital, and SeedFund.in, Matrix Partners and BlackSoil. 

5. Zeno Health

Zeno Health - Retail Startups in India
Top 10 Retail Startups in India | Zeno Health

Zeno Health is a Mumbai-based pharmacy retail startup that offers generic medicine at an affordable startup. It provides low-cost generic drugs at your doorstep. It has more than  120  locations in Mumbai and  1.5 million + customers.

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It was founded by Siddharth Gadia and Girish Agarwal in 2017.  In 2020 Tomorrow Capital had invested Rs 13 crore in ZenoHealth.

6. Sleepy Owl

Sleepy Owl - Retail Startups in India
Top 10 Retail Startups in India | Sleepy Owl

Sleepy Owl is a new-delhi-based internet retail startup that offers Cold brew coffee. Their products are available in more than 1,000 retail outlets in Delhi and Mumbai they sell their products on the company’s website and Amazon.

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Their coffee products are very famous brands which are made from arabica beans. It was founded by Ajai Thandi, Arman Sood, and Ashwajeet Singh in 2016. In 2021, it has secured $6.5 million from Rukum Capital and DSG Consumer Partners.

7. Blinkit

Blinkit - Retail Startups in India
Top 10 Retail Startups in India | Blinkit

Blinkit is a Gurugram online supermarket that provides high-quality products at affordable prices. It connects consumers with local stores. Blinkit provides high-quality grocery and household products at an affordable price to customers' doorsteps.

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It was founded by Saurabh Kumar and Albinder Dhindsa in 2013. It is backed by multiple investors such as SoftBank, SoftBank Vision Fund, Trifecta Capital, Tiger Global Management, Sequoia Capital India, Grofers International Pte Ltd, and others.

8. Bombay Shaving Company

Bombay Shaving Company - Retail Startups in India
Top 10 Retail Startups in India | Bombay Shaving Company

Bombay Shaving Company is a Gurgaon-based grooming startup that offers multiple types of grooming products for men such as six-set razors, brushes, pre-shave scrub, shaving cream, post-shave balm, blades, lotions, grooming kits, and more.

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It was founded by Shantanu Deshpande and Rohit Jaiswal in 2015. It is backed by multiple investors such as Reckitt, Sixth Sense Ventures,  Colgate Palmolive, Malabar Investment,  Gulf Islamic Investments LLC (GII), and   Fireside Ventures.

9. Licious

Licious - Retail Startups in India
Top 10 Retail Startups in India | Licious

Licious is a Bengaluru-based retail startup that offers top-quality meat and seafood. It operates in a farm-to-fork model. It provides fresh meat products at customers' doorstep.

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The platform provides a wide range of products such as chicken, seafood, lamb, and more. It was founded by Vivek Gupta and Abhay Hanjura in 2015. It is backed by multiple investors such as Sistema Asia Capital, Vertex Ventures, Vertex Growth Fund, Nichirei Corporation, 3one4 Capital, and others.

10. MeatRoot

MeatRoot is a Pune-based retail startup that offers premium quality meat products. Platfrom provides fresh, frozen, and processed meat. It sells its products from retail to businesses. It provides multiple types of meats like seafood, chicken wings, exotic meat, pork, duck, goat meat, boneless chicken, and more. It is founded by Mohit Bhonde, Vrushali Babar, and Shrikant Babar in 2014. It is a Bootstrap startup and hasn't raised any funding rounds yet.

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Conclusion - Retail Startups

Indian Startup ecosystem is growing rapidly. Indian startups are growing strongly and there are lots of industries that are growing rapidly. The retail industry is also one of them which is growing day by day. In the online world, people want to become more and more comfortable with online shopping.

This was our selection of the Top 10 Retail Startups in India. We hope this is useful to you. The order of this list is random.

Frequently Asked Questions (FAQs)

Name the world's largest retail company.
Amazon is one of the largest retail companies in the world.
Who founded Sleepy owl?
It was founded by Ajai Thandi, Arman Sood, and Ashwajeet Singh.
Which are the Top 10 Retail Startups in India?
Pepperfry, Arzooo, Fassos, Chumbak, MeatRoot, Sleepy Owl, Blinkit , Licious, and Bombay Shaving Company are the Top 10 Retail Startups in India
Read the Next Article

Best Insurtech Startups In India for 2025

Insurtech startups in India are significantly changing the insurance industry. By using advanced technologies and innovative ideas these companies are making insurance easier to access more affordable and user-friendly for consumers.

By Aryan Sharma
New Update
Insurtech Startups In India

Insurtech startups in India are changing the insurance industry by using advanced technologies like artificial intelligence machine learning and data analytics. These companies are developing new insurance solutions that are made to fit the specific needs of Indian customers. They help improve processes like assessing risks distributing policies and handling claims.

As India startup ecosystem grows insurtech companies are playing an important role in making insurance easier to access more efficient and focused on customer needs. By using advanced technologies these insurance startups are able to create innovative products designed specifically for Indian consumers.

Know more about the best car insurance companies in India.

Top Insurtech Startups in India for 2025

Explore the top insurtech startups in India for 2025. Discover key players, their offerings, and how they are transforming customer experiences and insurance accessibility.

Digit Insurance

Digit Insurance is an online insurance company in India that offers a variety of insurance products. Digit is a general insurance company founded by Kamesh Goyal and supported by the Fairfax Group. It offers car insurance, travel insurance, home insurance, commercial vehicle insurance, and shop insurance. 

Digit General Insurance provides various motor insurance policies to protect you and your vehicle from accidents, theft and natural disasters. They also offer extra add-on covers to enhance your insurance protection.

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PolicyBazaar

Policybazaar is an online insurtech startup in India that lets users easily compare buy and manage different insurance policies. It offers a website and mobile app where users can compare insurance options and other financial services from top insurance companies.

Based in Gurgaon, India PolicyBazaar has grown to a workforce of 1,001-5,000 employees and made a notable impact in the insurance industry. Between 2014 and 2018, the company secured over $238 million in funding with major backing from SoftBank Group.

Know more about importance of insurance to the businessman.

Acko General Insurance

Acko General Insurance is a private insurance company in India that provides a range of products online. Acko General Insurance is a private sector general insurance company based in India. Founded in November 2016 it obtained its license from the Insurance Regulatory and Development Authority of India (IRDAI) in September 2017.

ACKO Health Insurance offers affordable health insurance policies through its online distribution model. In contrast to traditional health plans in India which are typically sold through agents and brokers who earn commissions from the insurance company ACKO focuses on direct online sales.

Explore the Benefits of life insurance in financial planning.

Go Digit Insurance

Go Digit Insurance is a digital insurtech startup provider that offers a variety of insurance products. Headquartered in Bengaluru, India. Go Digit Insurance is a prominent insurtech company in the country. With a substantial workforce and over $200 million in total funding since 2017 this digital insurance provider is transforming the Indian insurance landscape.

The car insurance provider offers motor insurance to its clients through a network of over 5,800 cashless garages located across the country. The company provides a smartphone-enabled claim settlement service simplifying the process for policyholders.

Explore more insurance broking companies in India.

Insurance Dekho

InsuranceDekho is an online insurtech startup that lets users compare insurance quotes and purchase insurance policies. It has a wide variety of insurance products including health, life, motor, travel and pet insurance. InsuranceDekho is an omnichannel platform that provides not just insurance options but also investment choices and tax schemes. 

The company currently claims to partner with 48 insurance providers, offering more than 630 insurance plans on its platform. An online insurance comparison platform for individuals, it allows users to select multiple policies, compare prices, and make payments. The platform offers insurance plans for health, cars, and bikes.

RenewBuy

RenewBuy.com is one of India’s fastest-growing online insurtech startup distribution platforms, offering a wide selection of life and general insurance policies from various insurance providers.

RenewBuy aims to simplify insurance and make it accessible to everyone. The company mission is to provide the widest range of insurance options through their Point of Sale Person (POSP) advisors using their innovative proprietary technology. RenewBuy is one of the fastest-growing online distribution platforms offering a broad selection of life and general insurance policies as well as other financial products.

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SecureNow

SecureNow is an insurance brokerage firm in India that provides commercial insurance solutions for small and medium-sized enterprises. SecureNow is one of the leading insurance companies in India, dedicated to protecting small and medium-sized enterprises by offering the best and most affordable insurance options.

SecureNow is a young insurance brokerage firm, is filling an important gap by providing pure-risk commercial insurance to small and medium-sized enterprises. These smaller businesses often lack access to quality insurance options on their own. We provide you risk assessment & cover at best rates.

Turtlemint

Turtlemint is a digital platform that supports financial advisors in distributing insurance products to their clients. It also helps consumers find and purchase suitable insurance policies. The platform's goal is to demystify insurance by simplifying complex terms and providing smart tools that assist users in making informed decisions.

Turtlemint streamlines the understanding and purchasing of insurance. They aim to make insurance more accessible by clarifying difficult terms and offering helpful tools for users. Turtlemint has a friendly team of insurance advisors available via chat, phone and in-person to assist users with purchasing and claims services.

Toffee Insurance

Toffee Insurance is a digital insurtech startup that provides small, affordable and accessible insurance products for everyday needs. Toffee Insurance is a microinsurance platform that helps millions of people insure their everyday items for peace of mind. The platform primary goal is to simplify the insurance process by reducing the hassle of complicated paperwork and time-consuming procedures.

Toffee has also launched innovative products such as cycle, EV and pet insurance along with a one-click process for issuing policies and processing claims. By focusing on fairness, transparency and customer-centricity they have gained the trust of millions. Now they are planning to expand their offerings to provide insurance for everyone.

Coverfox

Coverfox is an online insurance broker in India that lets customers compare and buy insurance policies from more than 30 insurance companies. Coverfox Insurance is a company based in Maharashtra that offers various insurance products and services. They help you buy, renew, and compare insurance plans, including motor, health, term, and life insurance. 

Coverfox makes shopping for insurance easier by offering many options on one platform. Their AI system recommends policies based on your profile, and human experts are available to help you choose the best option.

Finsall

Finsall is an insurance fintech platform that provides financing options for insurance premiums in India. Finsall is providing every Indian with an affordable, simplified, and seamless digital premium financing experience. As a leader in India’s insurance premium financing industry, we are dedicated to maintaining our status as the most trusted partner in the ecosystem.

Finsall is one of the top and most affordable insurance companies in India. They primarily focus on offering installment plans for customers who cannot pay their insurance premiums upfront. They partner with banks that provide loans to these customers.

Probus

Probus is a leading insurance broker with a retail client presence throughout India. It maintains a strong balance of both life and non-life insurance businesses. Probus was established on November 22, 2002. Probus is a non-profit, non-political, and non-sectarian organization that offers a social space for retired and semi-retired individuals to connect, make friends, and explore their interests.

PROBUS is a local, national, and international association of retired individuals who gather in non-political, non-sectarian, non-profit, and autonomous clubs. These clubs offer regular opportunities for members to meet others in similar situations.

Conclusion

Insurtech startups in India are significantly changing the insurance industry. By using advanced technologies and innovative ideas these companies are making insurance easier to access more affordable and user-friendly for consumers. As the industry grows these startups are not only addressing the changing needs of Indian customers but also helping create a more efficient and transparent insurance system. With their focus on simplifying the insurance process and improving customer experience insurtech startups are set to lead the future of insurance in India.

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