Bharat Blooming Beyond Boundaries: Indian Startups Glowing & Growing Globally

Indian Startups at the Forefront of Global Waters

Skyroot Aerospace: Established by former ISRO scientists, the startup is transforming the space tech by offering reliable and affordable launch services to smaller cities. The startup specializes in futuristic space-launch vehicle building and design. In the 2022, November, VIKAM-S – the privately-made rocket of India is launched successfully by Skyroot Aerospace in Sriharikota. This remarkable achievement made the global eyes to fall on India and showcased the incredible space-tech capabilities and mission agility of Skyroot to the entire world.

AgniKul Cosmos: Indian Aerospace manufacturer based in Chennai involves in building space-launch vehicles and orbit class rockets with the streamlined capacities to take micro and nano satellites. With the enormous strength of having expertise space engineers, the former bankers and rocket scientists in a cohort, the startup recently launched the India’s first 3D printed rocket engine ‘Agnibaan’. This world-shattering mission marked a historic milestone for India’s flourishing space tech industry among the major global countries.

"We aim to make space more accessible for a broader range of customers by making the process flexible and affordable”, - Srinath Ravichandran, Co-Founder & Chief Executive Officer AgniKul Cosmos.

BluSmart: The largest and first EV ride-hailing and charging infrastructure network of India based in Gurugram. The startup is pushing India towards the global competition through expanding India’s strength in green mobility solutions and cutting down the carbon footprints of urban transportation. Recently the startup declared that it reached a breakthrough of 7,000 electric vehicles in its fleet & 10 million emission free rides, which made the startup to make its debut into international markets and positioned as a largest fleet across the region of Southeast Asia.

“We remain committed to our mission to 'Decarbonise Mobility at Scale' and of providing zero ride-denial, transparent pricing, on-time pickups, clean cars, and exceptional service to our riders”, - Anirudh Arun, Co-Founder & CEO of BluSmart Fleet.

upGrad: upGrad powers up the learner with career growth and achievement through desired outcomes. Established in the year 2015 in Mumbai, today the startup is pioneering success for millions of working force around the world and revolutionizing the way of online education. The startup shines with user base of more than 3 million across 70+ nations through 300+ university patterns worldwide. Within short span of time, startup has become one of the most sought-after ‘LifeLongLearning’ Tech Companies at global level.

“For us one criterion has been that if we have to list, then list at a scale where you potentially can be in the large-cap, because if you're in the mid- to small-cap, then...somebody else will drive your fortune. That's not something that we want to be like”, - Mayank Kumar, Co-Founder & Managing Director.

Razorpay: Offering a complete and inclusive suite of fintech solutions such as automating payroll, processing payments, banking services and simplifying it for all types of businesses to handle the capitals efficiently, Razorpay is streamlining the business banking in India. Beyond India, now company has become best source for online international payments across the world. In February 2024, the company announced that it reached a TPV – Total Payment Volume of $150 billion and gained a huge market shares from global players which made the India to be a leader in International fintech industry.

“The complexity that we have had to deal with to be successful and market leaders in India makes our technology suite so strong that we feel very confident when we go to any of the international markets. We are more experienced than people who have not experienced trying to handle the Indian market”, - Harshil Mathur, CEO, Razorpay

Apart from generating more revenue and balloon the valuation of company, Indian startups are confidently and innovatively focusing to encounter the environmental and social challenges in all possible sectors. The advanced business models and capabilities to develop disruptive technologies transcending the Indian startups to showcase perceptible difference within global communities. The success and global reach of these startups highlight India's growing influence and its pivotal role in shaping the future of global industries.