Hyderabad city of pearls and nizams has been developing its startup ecosystem year on year and became the robust place for entrepreneurs. According to Nasscom report ‘Start-up India – Momentous Rise of the Indian Start-up Ecosystem’, 8% of startup activity is happening in Hyderabad. The startup ecosystem is emerging with its largest incubation center T-Hub. To bring you a view on the hot startups of Hyderabad this year, here are few startups which are shining brightly in the city.
GrabOn, a 4-year-old startup from Hyderabad is one of the fastest growing companies in India’s couponing market. GrabOn provides a platform where users can compare prices and save big while shopping online using the latest and the best coupons & deals. With more than 4031 brand associations, a net worth of 4 million dollars and 20 million subscribers, GrabOn became India’s top coupon & deals marketplace. Apart from genuine real-time coupons, GrabOn offers an amazing experience for all online shoppers. This is achieved through the technical innovation which is synonymous with this startup. This ingenuity has been recognized multiple times through achievements like Startup Award from IBM, TIE-ISB Connect – High Growth Startup award, Retail Startup Awards. GrabOn has recently been featured in the list of high-growth companies, ranking 266th alongside luminaries like Paytm, Zomato, Furlenco. GrabOn continues to churn out practical and user-friendly features into their products while looking to venture into areas which will facilitate the smoother experience for the average Indian online shopper.
Start-Up: Hug Innovation
Hug Innovation a Hyderabad based startup which has launched three products — Hug smartwatches, My Buddy (a child tracking device ) and Hug Elan (IoT enabled fitness band). It has developed a gesture control technology which enables touchless communication with smart IoT devices. Hug smartwatches have its own vocabulary of hand gestures to perform the various tasks.
StartUp: Pay Near / Payswiff
Pay Near is India’s first ever Omni channel providing transaction solutions for all types of business. It has made all payment transactions simpler with its innovative and reliable payment solutions to small, medium and large enterprises. It is easy to set up and is highly secured with dedicated support. It offers online bill payments, ticketing, mini ATM, Travex, Recharges, Domestic transfer, mPos solutions to simplify your business.
If you want to make payments online and get gifts from the reward points then Zaggle is the best platform, an award-winning digital payment, cashback and analytics startup makes individuals to enjoy gifts across multiple channels. It currently has 1000+ corporate clients, 1500+ merchant relationships, over 6 lakhs gift cards in the market, and over 2,50,000 downloads on the Zaggle App.It has developed software that helps corporates in business analytics to maximize their profits.
India’s favorite little snacking company popicorn which started in a garage is now developed into a full-fledged factory because of its demand within a year. It is now popping more than 100 tons of popcorn every month and selling all across India over 10 different Cities with 6 delicious flavors which are seasoned by hand.
Startup: Nukkad Shops
Nukkad Shops provides an Android-based connected commerce platform, that allows retailers to do billing, inventory management, create a loyalty program, run targeted marketing campaigns, take their store online by accessing mobile store-front where shops can go live in few minutes and start selling online. With its holistic product to the grocery stores, providing next-generation connected POS, deep analytics to better understand their customers it has completed its beta phase and has its presence in over 160 grocery stores in Hyderabad.
Startup: Darwin Box
It is a new-age cloud HR platform that takes care of all HR needs across the employee lifecycle – Recruitment, Core transactions, Payroll, Employee Movement, Employee Engagement, Talent Management and People Analytics.At Darwin box, from the first point of contact to the last, it is one organization and ideology that touches the clients With its 5 key values Customer centricity, Ownership, Meritocracy, Action orientation, Innovation, and simplification. It has its work experiences across top-notch companies including McKinsey and Google.
Startup: High Radius
If you want to make your collections effective, eliminate redundancy and maximize efficiency. Then, there is an automated solution for this, A fintech startup of Hyderabad with service as a software, provides SAP receivables management, collections and dispute management, high radius accelerators, correspondence management, backup automation, cloud systems.It has a proven track record of reducing days sales outstanding (DSO) and bad debt and increasing operational efficiency so that companies may achieve strong ROI in just a few months. It has provided its effective solutions for top companies across the world like Danone, Dell, Discovery Communications, NBC Universal and many more.
With all the incubation centers, accelerators and best infrastructure facility, Hyderabad has been emerging to attract the world with its creative and technology startups. we can expect Hyderabad sooner to be the silicon valley of India!!
If you think we have missed out mentioning about any bright startup in the article, please comment below we will add on.