Start ups usually focus on product or service that are currently not offered in the market or that whoâ€™s potential is not fully explored. The founders believe that their unique idea will definitely hit the market and their business will grow. Let us take a look at 7 such businesses which made it big with their ingenious idea.
If I say â€œNot just a walletâ€ then which one will come to your mind, obviously PayTM. Â PayTM started with mobile recharging, adding bill payment and e-commerce services but has now evolved as a new age bank. The expansion of PayTM is nothing but â€œPay through Mobileâ€. Founded in 20110, Paytm launched its wallet service in 2014 which now India’s largest mobile payment service.Â The master mind behind PayTm is Vijay Shekar Sharma, who is the founder and CEO PayTM.
Bankbazaar.com is an online website that allows consumers to compare and customise on bank loans, insurance policy and credit card offers. Their services are not restricted only through web but also can be accessible through mobile. Do you know that Bankbazaar had only 6 employees initially? Yes, also this startup company was founded in 2008 with a small amount of rupees 45 lakhs. The proud founders of this start up company now with crores turnover are Adhil Shetty, Arjun Shetty and Rati Rajkumar.
UrbanClap is an online service where you can find good plumbers as well as good yoga teacher too and all in your neighbourhood. Think of a situation where in you shift to a place recently and you keep asking your neighbours or calling just dial to get these information. This company is changing the old way where you can find this information from your phone in one click. The founders of UrbanClap are Abhiraj Bhal, Varun Khaitan and Raghav Chandra.
This online grosery service is indeed promising as a start up company. Founded in 2013, the customers of the company use their mobile to click their groceries order. The ordered items are collected by Grofers from their favourite local stores and deliver it within 90 minutes.
A ecommerce health care company started its operations in 2015 by three of them namely Prashant Tandon, Gaurav Agarwal and Vikas Chauhan. Earlier known as HealthkartPlus, this 1MG not only a online service for medicines but also facilitates medical appointments, diagnostic test bookings and even suggests alternate medicine if the prescribed medicine is not available.
You would have noticed this bright red board with OYO symbol outside most of the hotesle. Though started in 2012 by Ritesh Agarwal, OYO is competing with big giants and currently oerates in 2001 Indian cities and in Malaysia.
7. Hokey Pokey:
Can we resist our self from Ice creams? This is the success secrete for this Indian food start up company. Started byÂ Drums Food International Private Limited in Mumbai they are making careful and measured expansion steps. I should never forget to mention that Hokey Pokey has many fans and followers.