Indian Startup Stories

Paytm  is an Indian payment and commerce company based out of Delhi NCR, India. Launched in August 2010, it is the consumer brand of parent One97 Communications. The name is an acronym for Pay Through Mobile. The company employs over 13,000 employees as of January, 2017 and has 3 million offline merchants across India. It also operates the Paytm payment gateway and the Paytm Wallet. Background: Paytm was founded and incubated by One97 Communications in 2010 as a prepaid mobile recharge website. Service is available through a browser, and an app is available on the Android, Windows and ios operating systems. In 2013, the company launched Paytm Wallet, which became India's largest mobile payment service platform with over 150 million wallets and 75 million android based app downloads as of November 2016. The surge in usage of the service was largely due to the Demonitisation oF 500 & 1000 Notes By Prime Minister. Aft...

ANI Technologies Pvt. Ltd. , operating under the trade name  Ola , is an Indian online transporatation network company . Ola was founded as an online cab aggregator in Mumbai , but is now based in Banglore . As of September 2015, Ola was valued at $5 billion. History: It was founded on 3rd December 2010 by Bhavish Agarwal (currently CEO) and Ankit Bhati. As of 2014, the company had expanded to a network of more than 200,000 cars across 100 cities. In November 2014, Ola expanded to incorporate autos on-trial basis in Bangalore. Post the trial phase, Ola Auto expanded to other cities like Delhi, Pune, Chennai and Hyderabad and Kolkata starting December 2014. In December 2015, Ola expanded its auto services in Chandigarh, Indore, Jaipur and Guawathi, Viashakapatnam. Ola is valued at $5 billion as of September 2015. In March 2015, OlaCabs acquired Bangalore based cab service...

Hike Messenger  (stylized as  hike ) is a cross platform instant   messaging  service for smartphones  that uses the internet  for communication. In addition to text messaging, users can send each other graphical stickers,  emoticons, images, videos, audios, files, voice messages, contacts and user location. Hike was launched on 12 December 2012   and raised its first round of funding of $7 million from Bharti,SoftBank in April 2013. Hike is a joint venture between Bharti Enterprises  and SoftBank .  On 16 August 2016 Hike raised $175 million in a new round of funding led by Tencent  & Foxconn . After raising this round Hike Messenger reached the valuation of $1.4 Billion.  Hike's founder is Kavin Bharti Mittal . Do You Know Who Is Kavin Bharti Mittal ? He is the son of Sunil Mittal , the founder and chairman of Bharti Aitel , India's largest telecom company with a u...

                  the story behind flipkart.com India is now shopping online like never before, and Flipkart is the hot destination of every internet shopaholic. The mastermind behind the idea, one of the first people to establish an e-commerce website in India is Sachin Bansal, an IIT graduate and a businessman who created something of a history in the great Indian internet shopping revolution. Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal , both alumni of the IIT Delhi . They worked for amazon.com and left to create their new company incorporated in October 2007 as Flipkart Online Services Pvt. Ltd. The first product they sold was the book   Leaving Microsoft To Change The World   to a customer from Hyderabad. Flipkart now employs more than 33,000 people.After the failure of its 2014 Big Billion Sale, Flipkart carried out a second Big Billion Sale.where it is reported that they saw a b...