A media outlet stated on June 2 that the media powerhouse The Walt Disney Company (Disney) was cutting off hundreds of workers from its corporate finance, television (TV), and film departments, according to a source.
“The job cuts will affect teams worldwide, including casting and development departments, TV publicity, and film and TV marketing,” as per a media report. The majority of the impacted Disney Entertainment Television employees are based in Los Angeles, and the layoffs are reportedly distributed equally among the company’s TV and film divisions, according to another story.
This is the fourth and biggest round of layoffs in the last ten months, the article continued. A manager of drama programming at ABC Hulu was among the lower-level development executives who were impacted, as were other Disney television divisions.
Layoffs Becoming a Common Scenario in Disney
Disney, the parent business, laid off about 200 workers, or nearly 6% of the workforce, from its ABC News Group and Disney Entertainment Networks divisions in March 2025.
According to a media report, the Walt Disney Company restructured in October 2024, closing ABC Signature and combining its operations into 20th Television. It also merged the scripted drama and comedy teams from ABC and Hulu Originals.
Disney Entertainment Television lost 20 positions as a result of the decision. According to a media report, Disney has already laid off 7,000 employees in 2023 in an effort to save about 5.5 billion dollars. In the same year that he announced his intention to reduce expenses, CEO Bob Iger set a target of $7.5 billion.
Financial Outlook of The Walt Disney
Of the 233,000 employees of the Walt Disney Company, slightly more than 60,000 are located outside of the United States. Disney owns a number of businesses in the entertainment sector, such as ESPN, Hulu, and Marvel.
With total revenue for the first three months of the year of $23.6 billion, the company’s May earnings were better than anticipated. Compared to the same time in 2024, that represented a 7% gain. It claimed that new users of its Disney+ streaming service were the main driver of the expansion.
This year, the studio has launched several new films, such as Snow White and Captain America: Brave New World. After receiving some unfavourable reviews, the live-action version of the classic Snow White animation movie did not do as well as anticipated at theatres.
However, over the Memorial Day holiday weekend, Disney’s most recent film, Lilo & Stitch, set new box office records in the United States. Since its May premiere, the animated movie has sold over $610 million tickets worldwide, according to industry data company Box Office Mojo.
Gully Labs, India’s homegrown sneaker brand known for blending cultural storytelling with premium craftsmanship, has raised INR 8.7 crore in its seed round, comprising INR 7.6 crore in equity and INR 1.1 crore in venture debt. The company had earlier secured INR 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores.
The equity round was led by Zeropearl VC, with participation from a strong cohort of marquee founders and angels, including Vivekananda Hallekere (Co-founder & CEO, Bounce), Suhasini Sampath (Co-founder, Yogabar), Nishchay AG (CEO, Jar), Ashutosh Valani (Founder, Renee Cosmetics), Anurag Ramadasan and Rahul Seth. Micro-funds such as Untitled Ventures and Atrium Ventures also participated in the round. Stride Ventures led the debt investment.
Founded in 2023 by engineers-turned-founders Arjun Singh and Animesh Mishra, Gully Labs was born out of a desire to see Indian culture reflected in globally competitive products. From sneakers inspired by Phulkari embroidery to silhouettes referencing regional traditions and festivals, Gully Labs creates handcrafted, design-forward footwear that celebrates Indian identity with modern flair.
Arjun Singh & Animesh Mishra, Co-founders, Gully Labs, said, “This round is a big step forward for us. We have always believed that Indian stories deserve a global stage not just in art and cinema, but in products people use and wear every day. With this backing, we are excited to scale our vision, grow our team, expand into physical retail, and bring even more culturally rooted, design-led sneakers to people across India and beyond. Above all, having the trust of such seasoned founders and investors gives us both confidence and responsibility as we build the next chapter of Gully Labs.”
Bipin Shah, Founder & Managing Partner, Zeropearl VC, stated, “At Zeropearl VC, we focus on backing brands that are authentically rooted in India, with strong design and product moats. Our Indiluxe thesis believes India’s affluent consumers should embrace premium homegrown brands over foreign ones. Gully Labs embodies this spirit, taking India’s rich cultural story to the world through sneakers that are 100% made in India. We’re proud to support their journey toward becoming a global ambassador of Indian craftsmanship.”
The investment will enable Gully Labs to build a larger production facility, broaden its product line across diverse sneaker styles, and deepen its reach across India and global markets. The company plans to launch exclusive retail outlets as part of its omnichannel strategy.
About Gully Labs
Founded in 2023, Gully Labs is a New Delhi-based sneaker company redefining what it means to wear premium sneakers from India. Started by former engineers Arjun Singh and Animesh Mishra, the brand was born from a simple question: why didn’t Indian culture feel cool enough for Indians?
Gully Labs crafts handmade sneakers in Delhi, blending premium materials with culturally rich design stories — from Phulkari-embroidered trainers to Onam-inspired silhouettes. Each pair is a tribute to the streets, festivals, and everyday icons of modern India.
Available online at gullylabs.com, in select partner stores across Indian metros, Gully Labs has been featured in Vogue, GQ, Bazaar, and Economic Times, and worn in films like Pushpa 2, proving that homegrown can be world-class.’
A plan to issue 411.4 Cr bonus shares has been authorised by Meesho’s shareholders before the e-commerce giant files its draft red herring prospectus (DRHP) with SEBI, the market regulator.
The proposal to issue bonus shares of INR 1 each to equity owners in a 47:1 ratio was accepted by the members at an extraordinary general meeting on May 31, according to the company’s MCA filings.
The filing stated that the board of directors has been given the members’ consent to issue 411.4 Cr bonus equity shares worth INR 1 each, which will be credited as fully paid-up shares to the holders of the company’s existing equity shares.
The company’s paid-up share capital will rise from INR 8.7 Cr to INR 420.1 Cr after the allocation. Tiger Global Management, Peak XV Partners, Prosus, Meta, and Think Investments are among the backers of the Bengaluru-based e-commerce giant.
Meesho’s IPO Preparations
By the end of 2025, the e-commerce giant is reportedly hoping to generate up to $1 billion through its first public offering (IPO). For its initial public offering (IPO), the startup has selected Morgan Stanley, Kotak Mahindra, and Citi as its bankers.
According to reports, the investors suggested valuing the public offering at $10 billion. In order to improve brand memory among its stakeholders prior to its eventual stock market offering, the business rebranded its parent corporation from Fashnear Technologies Private Limited to Meesho Private Limited last month.
Similar actions have previously been taken by consumer services titan Swiggy, fintech unicorn Moneyview, and fast commerce startup Zepto. Meesho was first established in 2015 as a social commerce firm by Vidit Aatrey and Sanjeev Barnwal. In 2022, though, it switched to a marketplace model in order to compete with Amazon and Flipkart.
Meesho Focusing on Tier II, III and Beyond Cities
Meesho sells unbranded goods like clothes and cosmetics to consumers in tier II, tier III, and beyond, while Flipkart and Amazon are more well-known in tier I cities. These cities account for over 80% of the startup’s income.
It’s interesting to note that Meesho depends on advertising and marketing revenue from merchants rather than commission fees on its platform. So far, it has raised over $1.6 billion in capital, with investors including Trifecta Capital, Elevation Capital, and Mars Grow Capital.
Although the e-commerce platform has not yet released its FY25 figures, it was able to reduce its standalone net loss from INR 1,675 Cr in the previous fiscal year to INR 305 Cr in FY24, an 82% decrease.
From INR 5,734.5 Cr in FY23 to INR 7,615 Cr in the year under review, operating revenue increased by almost 33%. Flipkart, Meesho’s competitor, is also preparing for a first public offering.
Joining the lengthy list of cutting-edge internet companies that have moved their headquarters to India or are in the process of doing so in order to list on the Indian bourses, the e-commerce behemoth said in April that it would reverse flip to India. Razorpay, Zepto, PhonePe, Groww, Pine Labs, and Eruditus are a few examples of these names.
On June 5, Uber announced the departure of Pierre-Dimitri Gore-Coty, the head of its delivery division and one of the company’s longest-tenured top executives, after nearly 13 years.
According to his LinkedIn page, Gore-Coty began his career with Uber in 2012 as a general manager in France and rose to the position of vice president of mobility for the Europe and Middle East area four years later. In 2021, he was appointed senior vice president of delivery.
In a statement included in a regulatory filing, CEO Dara Khosrowshahi stated, “It’s difficult to imagine Uber without Pierre, because there hasn’t been much Uber without Pierre.” “He was a key contributor to our global mobility expansion as one of our first employees and took over as CEO of Uber Eats just weeks before the first Covid lockdowns.”
Andrew Macdonald to Get Promoted
Uber said that senior vice president of mobility and business operations Andrew Macdonald will take over as chief operating officer, reporting to Khosrowshahi.
According to the filing, Macdonald, 41, will be in charge of the company’s autonomous, global mobility, and delivery operations in addition to “key cross-platform functions like membership, customer support, safety, and more”.
Uber’s executive team page lists 11 individuals, including Gore-Coty. The only person with a longer tenure at the company is Macdonald. According to LinkedIn, he started in May 2012, four months ahead of Gore-Coty.
According to Gore-Coty’s statement, these 13 years have been an unforgettable experience. He went on to say that it was a real team effort and that he is really pleased with the work his team has done and the influence Uber has had on day-to-day living in cities all around the world.
Uber Expanding its Business Portfolio
With the changes taking effect immediately, Uber has been attempting to diversify its company in order to spur development as its core North American market shows indications of saturation. Rivals like DoorDash and DASH.O have been fiercely competing with Uber’s delivery service.
Uber agreed to pay $700 million last month to buy the majority of 85% of Trendyol Go, a Turkish grocery and food delivery service. The business just revealed first-quarter statistics that fell short on revenue but beat on earnings.
The Federal Trade Commission filed a lawsuit against Uber a month prior, claiming that the business had used “deceptive billing and cancellation practices” in connection with its Uber One subscription program.
Macdonald will move from Toronto to New York, where Khosrowshahi and other corporate executives are headquartered. He will get $5 million in stock, contingent on meeting performance and time goals.
India’s car rental industry is accelerating at full speed, powered by economic growth and a growing preference for flexible travel. The market is expanding rapidly, from corporate commutes to leisure trips, presenting a lucrative opportunity for those ready to tap into this high-demand sector.
The market is projected to generate US$3.40 billion in revenue by 2025. As a result, the estimated U.S. market volume by 2029 will reach US$4.39bn, with a projected annual growth rate of 6.54%. So, if you have ever dreamed of starting your own car rental business in India, now is the time to capitalize on this momentum.
This comprehensive guide will thoroughly walk through the process of How to Start Your Own Car Rental Business in India, from market research and legal permits to fleet management and marketing tips.
It’s not a one-size-fits-all business when it comes to car rentals. Different business models cater to diverse customer needs, operational ease, and growth strategies. Let’s break down the most popular types:
Traditional Car Rental Model
In this classic model, companies either own or lease a fleet of cars and rent them out to customers for a fee, based on duration or distance. This suits corporate travellers, tourists, and residents, especially for longer trips.
Ownership Options: Choose from outright purchases, long-term leases, or buy-back agreements with manufacturers.
Pros: High control over fleet and strong revenue potential.
Cons: High capital investment and fleet maintenance risks.
Subscription-Based Model
With a modern twist, this model offers cars on a monthly or annual subscription. Customers pay a flat recurring fee covering maintenance, insurance, and more with flexible usage.
Ideal For: Startups, auto OEMs, urban customers.
Pros: Predictable revenue, customer loyalty, minimal hassle for users.
Cons: High operational setup, requires robust fleet management.
Franchise Model
In a franchise model, entrepreneurs buy rights to operate under a well-known car rental brand. It’s an easy step to enter the market with brand recognition and operational support.
Cons: Franchise fees and limited operational control.
Dealership or Service Center Model
This niche model targets customers whose personal vehicles are under maintenance. Dealerships or service centers offer rental cars to keep customers mobile.
Pros: Low initial investment, captive audience.
Cons: Limited customer base, not scalable.
On-Demand & Peer-to-Peer (P2P) Rentals
Think Uber for cars! Platforms or apps connect vehicle owners/operators with customers for short-term use. The model thrives on high-volume usage and advanced technology.
Ideal For: Daily commuters, quick errands.
Pros: Scalable, low asset ownership.
Cons: High reliance on technology and competitive space.
Luxury & Premium Rentals
This model focuses on high-end vehicles like BMWs, Audis, or limousines for VIPs, events, and special occasions.
Pros: High margins, exclusive clientele.
Cons: High investment, niche market.
Electric Vehicle (EV) Rentals
With India pushing for green mobility, EV rentals are gaining traction. Startups and major players are offering EVs for short and long-term rentals.
12 Crucial Steps to Start a Car Rental Business in India
Global Car Rental Market Revenue
Starting a car rental business can be lucrative, but it requires careful planning and research. Here’s a simplified roadmap to get you started:
Conduct Research & Business Plan
Start by researching customer preferences and local demand. Decide whether to focus on self-drive, luxury, corporate, or economy rentals. Once the target segment is clear, prepare a detailed business plan outlining:
After choosing your business model, pinpoint who your ideal customers are. Your target audience will shape decisions about the fleet and marketing approach.
Example: If targeting tourists, opt for comfortable sedans; for corporates, consider premium options like SUVs and executive sedans.
Based on your business plan and target audience, decide on the type and number of vehicles for your fleet. If you have sufficient capital, buying new cars is ideal. Otherwise, consider leasing, renting, or purchasing reliable used cars to keep initial costs manageable.
Financial Management & Funding
Use software solutions for fleet management, payment processing, and accounting with bank reconciliation to maintain tight financial control. Moreover, funding needs vary based on your business stage and unique value proposition (USP).
Legal Formalities & Business Registration
Starting a car rental business requires completing key legal steps:
Business Registration: Choose your business structure (proprietorship, LLP, Pvt Ltd, etc.) and get it registered. Complex structures may require help from a legal expert.
Permits: Obtain commercial vehicle permits, which can be state-specific or pan-India.
Agreements: Draft clear leasing or partnership contracts, especially if leasing cars from manufacturers, to define responsibilities and liabilities.
Other Compliance: Register for GST, PAN, and TAN, and open a dedicated business bank account for smooth financial management.
Choose The Right Location for Your Business
Choose your car rental location based on your target customers and business model. For example, if you’re targeting business travellers, setting up near an airport is ideal. Once you identify the best spot, proceed with leasing or renting the space for your operations.
Build Your Operations Team
When your location is ready, hire employees to handle customer service, accounting, and vehicle maintenance. Moreover, arrange proper insurance and employee benefits to ensure a responsible and motivated workforce.
Create a Solid Rental Agreement
Your rental contract is the backbone of your business, clearly defining terms, responsibilities, and liabilities, especially for accidents or damages. You will have to ensure your business and customers are protected by having it professionally drafted by a legal expert.
Risk Management & Insurance
Third-party insurance is legally mandatory for all vehicles on the road. Beyond this, car rental businesses face risks like accidents and damages, making comprehensive insurance essential to protect your fleet and operations.
Establish An Online Presence and Marketing Strategy
A professional website with an integrated CRM is essential to generate leads. Build your brand on platforms like Facebook, WhatsApp, Telegram, Snapchat, and Google.
Pricing & Marketing Strategies
Set competitive rates based on your target market, offering hourly, daily, or weekly rentals, and dynamic pricing during peak seasons. Build a strong brand with a catchy name, logo, and consistent visual identity. Ensure your website is user-friendly and optimized for local searches.
Customer Service & Retention
Sustainable growth relies heavily on retaining customers, which is more cost-effective than constantly acquiring new ones. Building loyalty through rewards programs, personalized offers, and thoughtful gestures, like birthday messages or exclusive coupons, can make a big difference for a car rental business.
Conclusion
Car rentals are becoming a key part of urban lifestyles, with rising disposable incomes and easy access to advanced technology. More people are choosing to travel within and beyond cities using rented cars, especially for outstation trips. A car rental business offers strong growth potential if backed by solid market research, a clear understanding of customer needs, and a smart business plan.
Jonty Rhodes, widely regarded as one of the greatest fielders in the history of cricket, has joined hands with India-grown sports and fitness brand UpUrFit as a strategic investor and brand ambassador.
Co-founded by Indian entrepreneurs Munish Vig and Vikram Gunjal, UpUrFit aims to address the underserved needs of Indian fitness and sports enthusiasts through products designed for performance, recovery, and hygiene, with a focus on clean ingredients and real efficacy.
Speaking on the association, Jonty Rhodes said, “What struck me about UpUrFit was the clarity of its mission. When Vikram and Munish first approached me, it wasn’t about signing up a celebrity endorsement. Their focus was on product relevance, clean ingredients, and true performance. My family and I tried the products ourselves, and that’s when I knew I wanted to be part of this journey. I’m excited to support UpUrFit not just as a face, but as a strategic investor committed to building value.”
Launched in 2023, UpUrFit is quickly establishing itself as a disruptor in India’s sports wellness space, focusing on the fast-growing market for pain relief, recovery, and hygiene solutions. The brand operates within a broader industry projected to reach USD 40 billion by 2030, growing at a CAGR of 19%, according to a joint report by Deloitte and Google. With increasing consumer emphasis on fitness, preventive care, and performance recovery, UpUrFit is bridging the gap between everyday athletes and high-quality, accessible wellness solutions.
Commenting on the partnership, Vikram Gunjal, Co-founder at UpUrFit, said, “For us, Jonty isn’t just a cricketing icon. He represents resilience, commitment, and performance. He’s the ideal mentor and gospeller for a brand like ours that is built for the athlete in every Indian. His belief in our products and now in our mission is a huge validation of what we’re building.”
Munish Vig, Co-founder, added, “The turning point for us was Jonty’s feedback. He shared detailed insights on what athletes and fitness enthusiasts truly need, and his perspective has already shaped our upcoming product roadmap. His involvement goes far beyond brand value. It’s product leadership and strategic insight in action.”
With a growing portfolio and a purpose-driven approach, UpUrFit is looking to script the next chapter of India’s fitness story—built on science, endorsed by legends, and made for everyday performance.
About UpUrFit
UpUrFit is India’s first sports & fitness care brand built with the vision to enable long term commitment to an active lifestyle. This is accomplished via scientifically researched products with clean and effective ingredients that vanquish the barriers of pain and discomfort. Given the growing awareness around health & fitness among Indians and heightened enthusiasm of pursuing sports and fitness, UpUrFit is a brand that listens to the unmet calls of this community.
UpUrFit is co-founded by Munish Vig and Vikram Gunjal, who are themselves big sports & fitness enthusiasts. The products have been co-created with the fitness community, with multiple football teams and running groups instrumental in product feedback and development. The UpUrFit team has sports professionals as well as industry experts, reflecting the brand values of Performance, Science and the need to be better every day.
According to a media source, Sumitomo Mitsui Banking Corporation (SMBC) plans to apply for a licence from the Reserve Bank of India (RBI) to run a fully owned subsidiary in India. The action is a component of the Japanese conglomerate’s strategy to take over Yes Bank.
Before State Bank of India (SBI) and other lenders sell their remaining approximately 14% interest to the Japanese conglomerate, SMBC requires the banking regulator’s approval to establish a wholly owned subsidiary in India, according to sources mentioned in the paper.
As per the report, SMBC, which has four branches in India, intends to switch from the branch format to a full-fledged subsidiary model in order to make it easier to acquire the majority of Yes Bank.
According to the article, the conglomerate has already received “verbal assurance” from the RBI that it will be permitted to keep a controlling interest in the private lender with its headquarters in Mumbai.
RBI Granting Approvals to Foreign Players
The RBI recently gave Emirates NBD Bank PJSC, the most probable leading candidate to purchase a share in IDBI Bank, in-principle approval to establish a wholly owned subsidiary in India.
The RBI granted the Indian division of the Singapore-based DBS Group a permission to operate as a wholly owned subsidiary in 2019.
On May 9, Yes Bank declared that, for around INR 13,480 crore, SMBC would purchase a 20% interest from its stakeholders, which included SBI and a number of other Indian banks that had taken part in its 2020 rehabilitation plan.
It is also anticipated that the Japanese banking behemoth will contribute new funds to the private lender, amounting to an extra 6-7% of the company.
SMBC and Yes Bank Deal
A significant change in the ownership and control of the bank would occur if the money injection were to occur since SMBC could have to make an open offer to Yes Bank shareholders, increasing its overall interest to as much as 51%.
Furthermore, on May 28, Yes Bank declared that its Board of Directors would convene on June 3, 2025, to examine a proposal for capital raising by the sale of debt securities, equity shares, or other suitable financial instruments.
SMBC, which in 2021 purchased the non-bank finance company Fullerton India Credit and rebranded it as SMFG India Credit, may wish to combine Yes Bank with itself, pending RBI approval.
As per the reports, having a wholly owned subsidiary, a majority position in a publicly traded private bank, and a 100% stake in a non-banking financing company (NBFC) would require overlapping a number of business operations.
The global economy relies on the trucking industry as its essential supply chain backbone, which supports manufacturing through retail distribution. The demand for rapid delivery services keeps growing while new entrants encounter various operational barriers, financial challenges, and regulatory difficulties. Entrepreneurs need to execute precise planning with strict compliance and purposeful business administration to achieve success in trucking operations.
Foundational Steps and Business Planning
The launch of a successful trucking business requires the creation of an extensive business plan as its first essential step. A well-defined business plan must contain explicit information about your organizational targets alongside specific market segments and expansion methods. Financial projections, together with operational schemes and specific marketing strategies, form essential components of business planning. Businesses require a business plan to both make operational choices and obtain financing from banking institutions, as well as investors and other backers.
Getting a Commercial Driver’s License (CDL) is a mandatory requirement for starting a successful trucking business. Candidates must attend CDL training programs and gain practical experience before passing state and federal tests to become certified. The maintenance of current CDL requirements throughout your state becomes crucial because it supports regulatory compliance and operational efficiency.
Professional transportation filing services provide streamlined services for business formation and compliance alongside ongoing management needs. The providers deliver skilled filing and consulting and support services to assist businesses in following regulations and maintaining registration updates and audit responses.
Business Registration and Licensing
Business owners need to select a legal structure between a Limited Liability Company (LLC) or a corporation before registering it with their state. Your tax needs demand an Employer Identification Number (EIN), and obtaining operating authority from federal and state transportation agencies stands as your most crucial requirement. All commercial trucking operations participating in interstate commerce need these permissions to legally transport goods.
Securing Capital and Insurance
The capital requirements for trucking operations need accurate startup and operating cost projections to succeed. Business expenses for trucking operations include purchasing or leasing vehicles as well as insurance policies, which protect against liability and cargo losses, physical damage, and bobtail risks, together with permits and licenses and fuel costs and maintenance expenses and office establishment costs and workforce costs.
Several funding sources are available to entrepreneurs for business capitalization:
Business owners can obtain loans from banks based on their credit history when they present a solid business plan.
The Small Business Administration (SBA) provides financial assistance specifically for small business operations.
Businesses can obtain commercial vehicle financing to buy trucks and equipment.
Transportation-focused private investors are seeking business opportunities.
Business insurance needs comprehensive coverage because it fulfills legal requirements while safeguarding operations against potential risks and legal responsibilities.
Fleet & Equipment Management
The selection between purchasing and leasing trucks, along with supporting equipment, forms a vital operational decision for your business. Your budget, together with operational flexibility needs, determines which option to select. The overall equipment expenses for vehicles consist of GPS tracking systems along with electronic logging devices (ELDs) used for hours of service monitoring as well as additional safety and operational technology.
Setting Up Operations
Create a dependable office setup which includes reliable accounting software alongside communication systems. The necessary infrastructure includes booking systems and logistical management tools which enable continuous contact between drivers and staff and partners and clients.
The selection of qualified drivers, along with dispatchers and administrative personnel, stands as an essential priority. All drivers need to demonstrate unblemished records together with proper safety training to minimize accidents while avoiding legal disputes.
Finding Loads & Building Business Relationships
A thriving trucking business depends on maintaining continuous shipments to operate successfully. Load boards and broker and shipper networking along with direct outreach represent typical methods for obtaining contracts. Through load boards such as DAT Loadboard and Truckstop, available loads find drivers which optimizes truck usage.
Building reliable customer relationships depends on offering competitive prices combined with outstanding service delivery. Happy customers become essential for generating customer referrals. Joining industry associations such as the American Trucking Associations along with local groups offers members networking benefits alongside useful resources.
Financial Management & Cash Flow
Sustainability depends on correct budgeting practices combined with effective cash flow management. Your accounting software should monitor every financial transaction precisely while you review reports frequently to build emergency funds during periods of low cash flow or unexpected expenses. Fast invoice issuance, combined with beneficial payment terms for suppliers and customers, helps maintain stable financial cash flow.
Key strategies include:
Detailed budget creation needs to cover both fixed costs (truck payments and insurance) and variable expenses (fuel and maintenance)
The company tracks its profitability through monitoring expenses, which require periodic adjustments
The company needs to save funds that will help handle unanticipated expenses.
Legal & Regulatory Compliance
A trucking company must follow multiple complex legal requirements established by the Department of Transportation (DOT) and the Federal Motor Carrier Safety Administration (FMCSA). The fundamental compliance requirements include:
HOS rules (Hours of Service) function to prevent driver fatigue-related accidents by establishing regulations for driver hours.
The standards for vehicle maintenance require vehicles to undergo scheduled inspections and repairs.
The Federal regulations require drivers to undergo drug and alcohol tests at pre-employment screening and during random checks, and after incidents.
All CDL holders need to maintain a valid CDL status along with an unblemished driving record and pass medical examination requirements.
The company needs to maintain current records of driver logs and maintenance reports, along with financial documents and permits.
A business needs to submit operating authority and UCR documents while filing BOC-3 process agent documents and International Registration Plan (IRP) documents for multi-state operations and International Fuel Tax Agreement (IFTA) documents for fuel tax compliance.
The normal course of business includes regular inspections and audits and failing to comply leads to substantial fines and possible loss of operating authority.
Technology & Fleet Management Tools
The implementation of technology represents a fundamental requirement for operational success.
The implementation of GPS navigation systems together with mapping technologies enables better route planning, which reduces delays while lowering fuel expenses.
Load management software helps optimize the match between available loads and drivers, boosting revenue per mile.
The implementation of fleet management systems enables real-time vehicle tracking while allowing maintenance scheduling and driver behavior observation, and regulatory compliance checks.
The combination of these tools helps reduce operational expenses and delivers enhanced customer service through timely delivery capabilities.
Marketing & Business Growth
A growing trucking business needs active marketing combined with building strong relationships to succeed:
The identification of retail and manufacturing, and agricultural sectors presents promising shipping opportunities because they need frequent transportation services
The company provides discounted pricing alongside premium service delivery.
A distinct brand identity, along with logo creation, should be implemented to establish both visibility and credibility.
The company should use positive client feedback to attract new business partners.
If we go on to trace the crux of our living in modern times, we must always end up discovering finance. The Cambridge Dictionary defines finance as (the management of) a supply of money.
We must all have heard of finances since time immemorial, but many of us are often confused regarding what the term implies. To demystify, finance is a term used to define the matters associated with the creation, management, and study of money and investments. Starting a business in finance sector requires strong market knowledge, regulatory compliance, and a strategic growth plan. A major part of finance focuses on the ways an individual, an organization, or the government earns money or, as we say, how they manage and spend it. Financial service business ideas require careful planning, legal compliance, and a deep understanding of the market and customer needs.
We will talk about finance here in this StartupTalky article. We’ll learn what finance is and how to build a financial business. And What are the categories of finance? Here are 57 best finance-related business ideas to begin with. Furthermore, we will also discuss the amazing business opportunities in finance.
There is sufficient information to testify to the fact that finance is as old as our existence on Earth. The term “finance” originally emerged from finer, which meant “to settle a debt.” This word was absorbed in the late Middle English and came to be known as “finance.” Along with standing as a word, finance also sums up the department of economics. Revolving around money, the significance of the word has grown over time, much like money itself, which is now used to signify an educational domain of greater significance, looked up to by the entire world.
The financial sector of India is wide and expanding at a relatively fast pace, both in terms of the growth that the existing firms are witnessing and the establishment of the new entities that are entering the market. The vast financial sector of the country is inclusive of but not limited to commercial banks, insurance companies, non-banking financial companies, co-operatives, pension funds, mutual funds, and other smaller financial entities.
The banking sector comprises a major portion of the Indian financial industry. Banks account for possessing more than 64% of the total assets of the country’s financial system. Though the Indian finance sector has suffered a setback due to the coronavirus pandemic, followed by the nationwide lockdown in 2020, it is otherwise a very prolific sector, which is showing a promising comeback with the help of startups and other businesses.
Types of Finance
In today’s world, finance can be divided into two major categories:
Public finance
Private finance
Public Finance
Public finance deals with the revenue and expenditures of the country. It can only be defined as the study of the role of the government in the economy. Furthermore, public finance can also be used to signify the study of the branch of economics that assesses the government revenue and expenditure of the public authorities. Public finance can be prominently divided into the following: Public Expenditure, Public Revenue, Public Debt, Financial Administration, and Federal Finance.
Private Finance
Private finance is associated with income, expenditure, borrowing, and the administration of finances of private companies and individuals. Though both the public and private finances are similar, they are way different from each other when the operational aspects are considered. Private finance is again classified into two sub-finances: Personal Finance & Business Finance.
Personal Finance – Personal finance is a term used to denote the finance or the financial management that is limited to an individual or a family, hence personal. Personal finance defines the income, budget, and savings, along with the financial risks and future life events of an individual or within a family. It can also mean the optimization of finances by an individual or a group of them in a family.
Business Finance – Business finance deals with the finance and the management of it when in a company. Business finance denotes the funds availed by business owners or entrepreneurs to establish and manage the operation of their companies.
How to Build a Financial Business?
There are many regions where you can receive some revenue. A noticeable one and the centerpiece of this statement is home loans. But of course, you will learn very fascinating things when you realize more about the soft-governed super funds and their significance. That’s an extremely sensational region that you might just suppose getting implicated in specializing. All of our homeland clients, primarily Neverland, are for car loans. Some of the business people bargain with tool financing, retail loans, manufacturer’s pubs, and so on personal lending explanations for when the bank sees we retain a huge database of a personal lender, security service commodities, and other commodities. The financial industry in India works in a complex way. There are many financial sector business ideas like loan advisory, tax services, and investment planning that are ideal for new entrepreneurs.
You will be utilizing cutting-edge software called Symmetry, and it will show you all the delinquent stuff. You just meet this business and do not possess the ability to do everything like computers. These days, real-time comparisons, i.e. the lender-to-lender comparison, client evidence, occupy the application forms, etc. You will like it when you receive it through this region of the business.
How to Build a Financial Business?
Home loans
We’re discussing home loans especially, and look, it’s a vanilla bread and butter industry, yet we’re glimpsing that some sixty thousand home loans every month are written around India. A dealer is relying on which lender you eventually labour with. Home loans are an important aspect of the financial industry in India.
You can receive an upfront committee to print a loan of around half percent of the loan percentage. So, in a regular four hundred thousand dollar loan, that loan would reimburse you around 2000 to 12000 for a normal loan.
In addition to that, you’re also capable of the trailing committee from most lenders. The trailing committee is about 0.15 percent per annum on the extraordinary balance, meaning for this very similar home loan, that’s around five to six hundred dollars a year, primarily paid monthly, so around forty to fifty dollars per month. For the life of the loan, be it 22 years, it doesn’t issue. This financial business idea depends upon the trust as the dealer is completely relying on the lender.
People will constantly want wealth, and why not from you? Believe me about this. You’re getting on to be requesting the same banks that they eventually maybe belong to choose anyhow. The similar taxes, if not adequate, are completely free assistance where you can correlate the entire marketplace using cutting-edge software. You can easily enter the financial industry in India. This is an easy financial business idea to start your career with, but it has very little stability.
Create Your Business With Referrals
One of the vastly outstanding and authentic techniques of enticing clients, joining with clients, and marketing with clients is through referrals. Referrals come from friendships you build with some like-minded or business partners. Real estate dealers, real estate sellers, and accountants are an entire range.
Most commerce people and website holders can link producers of industry owners. Most want to expend extra cascades of revenue if they can. Understand this thing. What would it be if you lived to offer 50% of your upfront commission as encouragement for a supporter to lend entry to customers? Feel about that for a moment.
I mean, would you receive any takers? 50% is unheard of, and huge people in the enterprise would say oh, I don’t spend anything for referrals because I just assisted them in making the contract, and that’s all valid.
I’m saying I will plant that germ for you; not everyone will bring you up on that. Understanding this, how do you want to create a nice personal practice for yourself? How many real estate sellers in all countries do you want to associate with you and drive to you?
The customers that they’re swapping buildings and anyway you are going to earn cash. However, of the alternate treaty, you appear to be able to protect all the cases. We never lend that away always. So that’s your industry, so it commands you 50% of your upfront. How are you, however, building an elegant trial book?
Use public domains
Another path of evolving your industry is just through public realms. Domain.com is a real property site. I’m sure you have been there. They composed their connection for open examination. You can maintain it at any time. You can go directly and have an open glance for inspection. What is your region of choice is accessible to look at today, this week, or next week? There are dozens of them. The dealer’s name in the lecture is often of the properties.
Realestate.com
It’s similar to the above website. So they’re readily available for what’s on-demand, what’s occurring, and if they’re bought no house at a time, the consumer wants money. What I’m going to recommend to you is that one of the easier things that we could ready you to achieve is just also some of these open houses, of course, with the committee of the seller or the agency dealing with the open for inquiry.
Just to give out a few industry cards on in which you’re telling, look I’ve got thirty pots and lenders. Then alone I could enable you upon one, hey somebody even says look lend me your pamphlets, and I will put them second to the enrollment table.
You go to the following clear home and put your handouts there, too, so you can make twice as much of your time. Some real quotations, not all of them, but a little bit of glimpse at some of their friendships are right. Might whisper to you, hey, look, I will provide you with a bit of window. You can sign up there, and we will put a banner or a little thing on a medal on each of the ads.
They might even let you allocate commerce inside of the new journal that’s being allocated from the front of the store. Also, it is inside the shop dispense for your booklets on the counter. They might even put the flyers inside the post-outs.
They, however, have to physically post owners, tenants, and whytheir receipts declarations. Why aren’t the emails already getting on our people’s evidence back in there? There is some belief about this. Some smart entrepreneurial boutique category ones might even say hey, overhear, why don’t we begin a finance division inside the company?
And we will co-brand. I will provide the guides, all the open cottages, and everything. Let’s create the finance industry and pull that off; you will be right for existence rather than what you are. Almost explain just that I know of have entry to a subscription, essentially RP data. If you are not aware of RP data, please visit RP.com.
Things to Keep in Mind Before Starting a Finance Business (2025)
Starting a finance business can be rewarding, but it’s not as easy as selling products or running a regular store. It comes with laws, licenses, and risks.
Things to Keep in Mind Before Starting a Finance Business (2025)
Here are a few things to think about before you dive in:
1. Do Proper Research
Before starting, learn everything about the finance service you’re planning.
Check if the business idea has growth potential.
Find out what risks are involved.
Look at competitors – what they offer, how they advertise, and how they reach customers.
Study their websites and services to see what works.
2. Follow Rules & Laws
Every state has its own rules for finance businesses.
Some require a special business license before you can start.
Visit your state’s government website or talk to the local finance office to get correct info.
3. Get the Right License
You’ll need legal permission depending on the services you offer:
If you’re dealing in stocks, mutual funds, or bonds → Get an investment license.
If you’re giving legal advice → You’ll need a law license.
Always check what licenses are required before offering services.
4. Make a Simple Business Plan
A business plan helps you stay focused. It should include:
What services you’ll offer
Who your customers are
Start-up costs
How you’ll promote and grow your business This plan will guide you as your business grows.
5. Decide What Services to Offer
Make a list of your services and fees.
Different services can have different charges.
Be clear and upfront with customers.
Example: If a client gives you INR 8,00,000 to manage, and you charge 3% yearly, you’ll earn INR24,000/year from that one client.
Ask Experts for Advice
Talk to experienced people in the finance industry. They can help you understand hidden risks and give you tips to avoid mistakes.
There are enormous Financial business ideas in this sector, following which you can start your own financial business. We will glimpse some of them here. The impressions can be begun by imploring enterprise capability. The Financial Industry in India is possibly the biggest industrial area under the sky. This is an enterprise that doesn’t stress a particular educational knowledge in most trials but rather offers reasonable information and a little knowledge above the content. The financial industry business is lucrative.
Just like launching any other business, establishing a financial business needs a considerable amount of passion and determination, along with a game-changing idea. Here are some foundational ideas that can help you start your business associated with finance:
Micro-finance Bank
Micro-finance banks, as the name suggests, are banks or financial services offered to those who belong to low-income groups. Microfinance business ideas are one of the best options that might work well if you are looking for some finance business ideas. Furthermore, the microfinance niche needs less capital than the banking sector and is blessed with tons of opportunities to grow. Besides, it would also be a great help for the people who are desperately in need of money and are otherwise deprived of it by banks or financial institutions.
Financial advisors are often one of the most important persons who are looked up to by everyone, including both small and large companies and other individuals. Though you must indeed have a good deal of knowledge about finances and how to manage it on both small and large scales, establishing a finance consulting firm does not really need a lump sum and can easily stand as a promising finance startup idea.
Allowance Consultant
Allowance can be defined as a permissible amount of money that is allowed to an employee of a company. These allowances add up to the salary to define the total value of a person’s salary.
Dearness allowance, entertainment allowance, overtime allowance, city compensatory allowance, interim allowance, project allowance, and tiffin/meals allowance are some of the common allowances that are added to the salary. Handling all of these allowances and bringing improvements to them seems to be an uphill task for any company. This is why they tend to hire allowance consultants to deal with their finances and allowances. You can also look up allowance consultants to know all that you need to be a candidate fit for such a role.
Mutual Funds Investment Agency
Mutual Funds – Best Finance Business Ideas
Mutual funds are not a new concept, in fact, the oldest mutual funds still exist in the form of Vanguard Wellington Fund, which was established in 1929. The first modern mutual fund, however, was launched in the U.S. even before that in 1924.
Over the passage of time, with the growth of companies, the demand for mutual funds investment has only witnessed a rise all across the world. This is what makes a mutual funds investment agency one of the best finance startup ideas of now.
The value of money is increasing day by day, and with it is increasing the value of other precious metals and stones like gold, silver, diamond, sapphire, ruby, and more. Furthermore, the recurrent financial crises and the outbreak of the pandemic further added to the woes, shooting the value of gold and other metals sky-high. Among all the metals, the rise in gold prices is the most conspicuous because gold is the most important metal that everybody loves to possess.
However, the rising prices would definitely benefit those who already possess gold or the gold loan companies who can profit highly from the metal and its limitless potential. Gold loan companies are, thus, considered to be one of the safest investments that one can be involved in looking at today’s markets.
With the increase in the number of companies, fundraising is becoming something more than a daily affair. Though bootstrapping always remains another option if fundraising happens to be out of limits, it’s neither safe nor the best option for startups. However, with the emergence of angel investors and other capital investors that scrutinize each request wisely and extend their capital resources to startups and other budding companies, raising funds happens to be simply within our limits.
Nowadays, companies can opt to raise funds, but weighing their requirements for the funds can sometimes be exceedingly hectic, and they might require experts for it. This is where fundraising consultants come into play. These consultants help the companies identify their requirements and raise just enough funds effortlessly. You can also be one such consultant if you want to be a part of the financial services businesses where you can also utilize your own financial skills and gain exposure along with a fitting income.
Private Finance Blogs
If you are interested in finance and finance-related subjects and have an itch to express things clearly for your audiences, then you can choose to write private finance blogs at your leisure, and this might simply develop to become your profession. A flair for writing is something that will serve as a bonus, which you need to develop as you go! It is considered one of the most profitable small finance business ideas for beginners.
Insurance Agency
We are always at risk of losing our lives, and money, damaging our cars, falling ill, and more. Being insured is something that we can opt for to keep our peace somewhat intact. This has been easier than ever with the emergence of insurance agencies that help us find the best plans for our home, car, health insurance, and more, with which we can insure almost anything without worries.
An insurance agency offers a satisfying sense of security that people never want to miss out on. Building an insurance agency that is trustworthy and reinforced with the best insurance plans possible at affordable prices is a foolproof financial business idea that would not fail to grow to the highest heights. To get started with a finance-based insurance business, have a look at these Best insurance franchise businesses in India.
In the time we are living, loans are one of the primary requisites that we must avail to fulfill even our basic needs. Not every one of us possesses the capital that we need to cope with the fast-paced world of now. Nonetheless, with affordable EMIs that we can pay at the end of each month, the world becomes an easy place.
However, not all of us can avail of the right loan that we need, and this has resulted in the birth of loan brokerage companies that help us secure the loan that we want or need at a particular point in time. Retail loan brokerage companies make their own profit and fulfill the needs, dreams, and aspirations of countless individuals and companies, which makes it one of the best business opportunities in finance.
Business for Deal Broking
There are numerous good business ideas in finance. With the expansion and the widening channels of income, companies, and businesses are forever ready to offer lucrative deals on their products and services. However, most of such deals come on a first-come, first-serve basis. Therefore, we have deal broking services that help other businesses and individuals get the best deals lightning fast. Building a deal broking firm can also stand as one of the best financial services business ideas that would be rewarding on a long-term basis.
Forex Trading
Forex Trading – Best Finance Business Ideas
Globalization has made the world a small and well-knit place that is easily navigable. It has also made trading options easier than ever. However, the difference in the currencies of the people of different countries sometimes creates a list of problems in businesses and the transaction of money. Forex trading is a solution to these problems and can also be a business that you can look up to in case you want to set up a finance business. Here are the Best Foreign Exchange Companies you can look at.
Debt Collection Agent
With the increasing demand for loans across the globe, the total volume of debts is also increasing with each passing day, and a considerable number of such debts are recorded as bad debts. Therefore, to avoid all these debts being written as bad debts, there are debt collection agents and agencies that companies and institutions hire to follow up with their customers, and debt collection agents and agencies in this way, recover the debts.
Tariff Consulting
Tariffs and duties that are levied on the goods always widely differ from each other. For instance, the tariff levied on clothes differs greatly from that levied on alcohol and so on. Fixing these tariffs is not easy. They can only be fixed with the help of expert tariff consultants who are well-versed in tax management and duly analyze the markets. Tariff consulting is a growing financial services business that you can step in to find a world of opportunities.
Angel Investment Company
Living in the age of startups that are making our lives comfortable and changing the world ahead of us, it is the angel investors who contribute a lot towards raising successful brands out of startup ideas. Therefore, opening an angel investment company is something that you can really look up to if you have capital and are pondering on business opportunities in finance.
If you are finance-minded and waiting to open a financial services business, then you are in luck because an audit firm might be just the right business option that you were looking for!
Audit firms are responsible for helping businesses cut costs, identify inefficiencies, investigate potential fraud or theft, and more. Most importantly, the demand for audit firms will never be less shortly and is one of the best financial services business ideas.
Commercial Bank
Commercial banks are insignificant to the masses and pretty much central to the overall economy of a government and of the country. They fulfill tons of financial requirements of the individuals and businesses of the country and are not without profit. Furthermore, more and more commercial banks joining the league of the already established banks have truly shown the way forward for all of them who are interested in finance business ideas in India and possess the tellable capital to start one!
Finance Business Ideas in India
Freelance Bookkeeping
Bookkeeping is a significant part of a company’s back-end processes. Finance bookkeeping is the maintenance of the company’s financial records. It includes a variety of accounting and bookkeeping services along with keeping an official track of the company’s spending. Bookkeepers are growing in demand and are usually hired on a full-time or a part-time basis. Therefore, opting for a career as a freelance bookkeeper is a wonderful choice if you are looking to proceed with a financial services business.
Stock Broking
Stockbroking is a service offered by stockbrokers that helps retailers, marketers, and other individuals to buy and sell shares. The stockbrokers are professional traders acting as registered representatives or investment advisors to their clients and are authorized to buy and sell the shares on their behalf.
Stockbroking is highly profitable and will never be less in demand in the near future, which makes it a good choice for all those who are wondering about finance related business ideas.
Tax Consulting
Tax is to be filled out by everyone in the country, but for most of us, it happens to be a boring and time-consuming process. Moreover, many of us also happen to be unsure of the process altogether. This brings tax consultation into play. Tax consultants are the persons who help their clients with crucial suggestions to file their taxes and make informed decisions while filing them about tax-related issues. This can well be one of the bright finance related business ideas if you are looking to start with one! Here’s a guide on How to start your own tax preparation business.
VC Firm
Venture Capital firms are built on the capital from wealthy investors, which offer much-needed capital to other budding companies and startups. With more and more promising startups coming into prominence and growing into big companies each day, the importance of Venture Capital (VC) firms is growing rapidly.
Therefore, if you are pondering on the best finance business ideas, Venture Capital firms can be a rewarding choice, which will not only help you grow your company and your income but also will stand as a great help to other companies.
Mortgage Bank
We are all familiar with mortgage loans, in fact, these kinds of loans happen to be quite popular in the modern world. Mortgage loans are offered by the usual banks as well as by specialized banks, popularly known as mortgage banks. The mortgage banks look after the origination and the servicing of mortgage loans and can come in really effective for all the people who are interested in mortgage loans and not willing to wait for them.
Starting a mortgage bank can thus be one of the best businesses in the finance sector if you are looking for one!
Finance-related Coaching
Finance is one of the core subjects that students can pursue and is strongly growing as a career option for students worldwide. This makes finance coaching classes all the more important for today’s generation. Therefore, if you have been a good student of finance and deem yourself to be strong in finance, marketing, accounting and other finance-related subjects, then offering financial coaching classes for students and business professionals is a welcoming career option around finance.
Podcasts are interesting as well as informative, and needless to say, we love to delve into podcasts that interest us. As finance has always been an important matter of concern, whether it is for students or for business professionals, finance-related podcasts ought to interest a wide range of audiences. Therefore, it can be a wise decision to start with finance-related podcasts if you have a knack for finance.
If you have a good grasp of finance, write well, and are really passionate about finance and accounts, then you are in luck! This is because you can hope for a huge career ahead as an author. Yes, you can author some really informative finance-related books and leave the finance enthusiasts and businessmen turning to the pages of your book over and over again. Here’s a list of Must Read Startup Books for Entrepreneurs in 2021.
Finance Magazine
Start a Finance Magazine – Best Finance Business Ideas
Reading still remains one of the most popular hobbies. Most of us like to read every now and then and on a range of different topics. Finance, being an important subject of interest, boasts of a large number of enthusiasts that have grown with time. Therefore, finance magazines certainly rope in an incredible number of finance enthusiasts and business professionals, and writing or publishing financial magazines can turn into your favourite obsession.
Credit Repair Business
Credit repair, as the term indicates, is a way to help others improve their credit scores and their overall ability to borrow money from others. A major section of society today relies on credit, and a considerable number of them have already worsened their credit condition and need to repair it. This can well be your opportunity to score via a credit repair business.
Investment Management Firm
Businesses grow and eventually acquire capital that they can invest, but the investments should always be wise. Therefore, most of the companies reach out to several investment firms, who manage their investments in the best possible way. Investment management firms are quite in demand and can be an excellent way forward if you are looking to start a financial services business.
Investment tools and products never fail to draw a good deal of attention from businesses, and most importantly, they are increasingly growing in demand. Building investment tools and products will not only benefit your own company and other ventures but also help you extend them to other companies and profit from them.
Start ATM installation & Maintenance Company
The world and our country have surely gone the digital way, and along with all other industries, the banking industry has also seen quite a transformation. We hardly hit the banks today and would love our money to be withdrawn or deposited at ATMs. This makes ATM installation and maintenance really crucial, which gives a solid reason why you should look to start an ATM installation and maintenance company if you are determined to start a financial services business.
Supply of POS Machines
Supply of POS Machines – Best Finance Business Ideas
POS or point-of-sale systems are rapidly growing in demand for their effectiveness and the diversified uses that they enjoy in a whole range of modern industries. These systems are being absorbed by almost all the industries of now. So, opting to manufacture POS machines can definitely be a profitable business that would be beneficial for anyone who is looking to step into finance-related businesses.
Risk Management Consultant
Risk management is one of the pillars of business growth and is pacing incredibly fast with the growth of businesses and startups. It is one of the key factors that every other business looks for, which gives rise to the risk management consultants to stand with their companies as well as independently. Risk management consultants are, therefore, highly valued by every other company and can be quite a career if you want to pursue a career in financial services.
Credit & Thrift Business
Credit and thrift, as the name says, are businesses that take care of the credit requirements of other businesses, entrepreneurs, and other individuals and grant them loans at the decided rates of interest. The scope of credit and thrift businesses has been underlined first by the credit unions and thrift societies, which pooled all their resources together and offered loans to their members at agreed rates of interest.
The Credit & Thrift business is not only rewarding but is quickly climbing up the ladder of demand as well to pursue a career in it.
Commodities Trader
Commodities Trader – Best Finance Business Ideas
The commodities market is ever-expanding. Commodities include physical substances like oil, fruits, gold, grocery items, and more, the trading of which happens when the traders buy them at a low price and sell them at a higher price, thereby making a profit.
The trading of these products is never going to end, which makes commodity trading an important listing if you are noting down some finance business ideas that are well worth pursuing.
P2P Lending
P2P lending, also known as Peer-to-Peer lending, is a money lending process where businesses and individuals are lent through online services that match the requirements of the lenders with the criteria of the borrowers. These are mostly small loans that are granted via this process, thereby minimizing the risks to the lenders.
P2P lending is a great idea to proceed with if you are interested in pursuing a promising financial services business.
Real Estate Appraiser
Appraisers are the persons who assess goods, assets, and properties to define the monetary value of the same. Appraisers are of various kinds and are absorbed in a wide range of industries, including banks and financial institutions, real estate, and more. Real estate appraisers, like those who are associated with the banks, are quite in demand and enjoy an incredible amount of respect. Furthermore, they also enjoy a solid income and nurture the potential for earning more. Therefore, being a real estate appraiser is something that you cannot miss putting on the bucket list of financial business ideas. Here’s how to start a real estate business in India.
Along with bootstrapping and raising funds from investors, including angel investors and others, crowdfunding is something that has noticeably risen in demand over the years since it came into existence. Crowdfunding suits a list of different purposes and is something that both individuals and businesses look up to. Building a business that extends crowdfunding solutions for people is, therefore, a wise choice, eyeing the bright future ahead.
Bill Reminder App
We are living in an age that is pacing as fast as ever. Time is fleeting for real and brings in more wonder with every second that passes. Reminders are something that all of us need all the time unless our brains are supercomputers, of course. This is giving rise to a collection of reminder apps that help us remember the things that we should be accounted for.
Along with all the other tasks that we should be reminded about, reminders for our monthly bills are something crucial, and with some apps, the excruciating task is becoming easier. However, building another smart and foolproof app that solves the persistent issues of failed bill payments can be a bright idea, which can be equally rewarding.
Crypto Exchange Platform
The demand for cryptocurrencies, the likes of Bitcoins, Ethereum, NEO, and IOTA, has only increased over the past decade since the first cryptocurrency, the bitcoins, was discovered.
Now, with the increasing demand for cryptocurrencies, the demand for exchanging these currencies has also increased likewise. Furthermore, the crypto exchange platforms are highly profitable. This makes building a crypto exchange platform a must in case you have been looking for lucrative finance startup ideas.
Build Regtech App
Regtech apps are the cluster of software applications that are now used to manage regulatory compliances for present-day companies. Regulatory technology apps, which are now known as regtech apps, are powered by cutting-edge AI, ML, and more technologies. These apps help in a range of ways to save the time and money of the companies that depend on regtech companies. Additionally, exploring new business startup ideas within the realm of regtech can open up innovative opportunities for entrepreneurs looking to venture into this dynamic sector.
This business related to finance can be hugely beneficial as a financial services business idea because they are counted among some of the primary requisites of most small and medium-scale companies that are hoping to grow today.
Bureau the change
Operating a currency exchange business can be lucrative, especially considering the unique nature of currencies in every country. Anyone attending international locations is expected to alter their money, and with proper licensing, you can commence this business. Offering unique and successful business ideas in the currency exchange industry, such as innovative marketing strategies or loyalty programs, can set your enterprise apart and attract a diverse clientele.
Online Payment Service Platform
Amidst the flourishing online payment industry and increasing interest in digital financial transactions, the demand for online payment service providers has surged. As a provider in this space, you will furnish businesses with a resilient payment platform, enabling customers to make transactions with credit cards, debit cards, or cash cards. A processing fee will be applied to each financial transaction with confidence in return for this service.
Business Subsidy and Grant Consulting
There are various government subsidies and grants available for different types of businesses from different agencies. Small business owners often seek the assistance of experts who can handle the paperwork and other necessary tasks to secure the subsidies. If you possess knowledge and experience in a specific subject, you can start a business that caters to a niche segment.
Franchise Consulting
Starting this financial services business is great for those with limited funds. There are two ways to operate: you can represent franchise-offering companies in search of clients, or you can guide clients on the best franchise based on their location, experience, and investment capacity.
Budgeting Service
Many individuals, families, and businesses face challenges in managing their budgets. Handling finances for a business adds another layer of complexity. Leveraging your financial expertise can make you highly sought after, providing valuable assistance to individuals, small business owners, and those exploring business startup ideas. On average, individual budget consultants earn around $85,000 per year, but the earning potential can significantly increase when working with businesses. This business related to finance allows you to make a meaningful impact on both personal and professional financial well-being.
Online Finance Courses
Sharing your knowledge and experience becomes accessible by creating an online finance curriculum on platforms like Coursera or Skillshare. With self-paced courses, once your content is live, your main tasks involve answering students’ questions, allowing you to generate income passively. Successful creators in this space can achieve six figures in earnings, making it a lucrative avenue for those looking to share expertise and earn simultaneously. It can be top entrepreneur ideas in finance industry.
Start a Community Bank
Start a Community Bank – Best Finance Business Ideas
In the diverse landscape of the banking sector, one notable niche is the community bank, which boasts a lower startup requirement compared to commercial, mortgage, or investment banks. If venturing into the finance services industry, initiating a community bank presents itself as a viable option, especially if you possess the qualifications necessary to obtain a commercial bank license. This business endeavor proves to be both profitable and thriving, offering a promising opportunity for investors.
Start an Investment Club
Many individuals neglect the importance of serious investing for the future for various reasons, including laziness. Recognizing this, starting an investment club is one of the top business ideas in the finance-related industry. Whether targeted at colleagues, church members, or neighbors, an investment club is a platform to engage people in the finance services sector. Fostering a communal approach to investment encourages individuals to participate actively in securing their financial future. It can be one of the best business ideas for finance professionals.
Start a Debt Collection Business
One of the most profitable finance businesses to start is starting a debt collection business, particularly focusing on bad debts. This niche field presents an opportunity to assist individuals and businesses in recovering owed funds. Clients will likely seek your services once they recognize your capability to reclaim money from debtors. In this business model, earnings are generated through commissions or percentages based on successfully recovered debts, emphasizing the importance of negotiation skills to enhance profitability.
Start a Hedge Fund
For significant investors seeking portfolio expansion, delving into establishing a hedge fund firm can be one of the best business ideas. A hedge fund, broadly defined as a regulated investment fund with diverse investment and trading activities, caters to a limited set of investors who remunerate the fund’s manager through a performance fee. Operating a hedge fund entails assisting clients in maximizing their returns, with the manager’s income directly tied to the fund’s performance. Consequently, the performance fee stands out as the defining characteristic of hedge funds, prompting managers to employ various investment strategies for optimal client returns making it a very profitable business ideas in finance industry.
Many individuals fear retiring from businesses or organizations due to uncertainty about managing their retirement entitlements such as gratuity, pension, and other benefits. As a financial expert and planner, you can start a business in the financial services industry by becoming a trusted financial advisor to retirees. There is a substantial market for your services, as retirees seek guidance and assurance in navigating their financial concerns during retirement, making your expertise highly valuable and in demand.
Robo-Advisors
Robo-advisors use smart algorithms to provide low-cost, simple, and diversified investment services. People like robo-advisors because they are easy to use and affordable. Startups can improve them by making the algorithms smarter and offering more services. With AI advancing, this area is expected to grow quickly. It can be one of the top business ideas in finance industry.
Green Finance Solutions
Make your finance business stand out by offering eco-friendly options. This could include supporting green investments, eco-friendly bonds, or loans for sustainable projects. These solutions can attract customers who care about the environment and want to make a positive impact. It is one of the best ideas for business in finance.
Fintech App Development
Global Fintech Market
Start a fintech business by creating apps that offer new financial services. These apps can make tasks like transactions, budgeting, and investing easy for users. This is a growing field with big opportunities to solve everyday money problems for people.
Debt Counseling and Consolidation Service
Help people manage their debt with services like counseling, debt consolidation, and financial restructuring. Earn through fees for these services and educational programs. With rising consumer debt, this is the right time to offer support. It suits financial experts skilled in negotiating with creditors and designing repayment plans.
Mobile Notary and Financial Document Service
Providing mobile notary services to help clients with document verification and signing, especially for financial papers can be one of the best business ideas. Earn through fees for notarization, travel, and fast service options. As businesses become more mobile and global, the demand for on-the-go notary services is rising. It’s ideal for certified notaries with a business mindset and a focus on busy clients.
Digital Payment Service
A digital payment service is a great business idea because more people are using cashless transactions, and there’s a growing need for safe payment options. You can add features like mobile payments, peer-to-peer transfers, and connect with online shopping platforms to boost growth and profits.
Blockchain-based Payment System
A blockchain-based payment system offers extra security by using decentralized ledgers, making it harder for fraud or hacking to happen. It also enables faster and cheaper transactions, helping with smooth cross-border payments.
We understand that starting a finance-related business can seem daunting, which is why we have put together a comprehensive list of the best financial business ideas for you to consider. From starting a bookkeeping service to launching a financial planning firm, our list covers a wide range of business ideas that cater to different niches in the finance industry. We are committed to providing you with the latest and most relevant information for your business, which is why we will keep updating this list as we gather more insights from industry experts. So, be sure to stay tuned for more updates on the best finance-related business ideas to start with.
FAQs
What are some of the finance business ideas?
Top Finance-related business ideas include:
Micro-finance Bank
Finance Consulting Firm
Private Finance Blogs
Insurance Agency
Retail Loan Brokerage Company
Finance-related Coaching
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Name some personal finance business ideas?
Businesses in finance include, Tax consultant, investment management services, mutual fund agency, build personal finance management tools/apps, bookkeeping services, impart your knowledge regarding personal finance.
What are some Banking-related Business ideas?
Some banking business ideas are:
Micro-Finance Bank
Commercial bank
Gold Loan Company
Mortgage bank
P2P lending
Build Regtech App/Tools
Merchant Banking
Forex
How to get Finance to start a Business?
7 Ways to raise finance for your business:
Personal Money
Seek for Angel Investors
Crowdfunding
Bank Loans
Find a venture capitalist
Pursue startup grants
Family and Friends
What companies are in the finance field in India?
India has a wide range of companies in the finance field. Major banks like HDFC Bank, ICICI Bank, SBI, and Axis Bank offer loans, savings, and investment services. NBFCs like Bajaj Finance and Muthoot Finance focus on consumer and gold loans. Insurance providers like LIC and digital platforms like Paytm and Policybazaar offer online payments, lending, and insurance options. These companies play a key role in supporting both individuals and businesses with their financial needs. There are tremendous financial services business opportunities in India.
Which are some best financial business to start?
A great financial business to start is a loan advisory or brokerage service. You can help people get home, personal, or business loans by connecting them with banks and NBFCs. It’s low-cost to start, uses online tools, and earns commission from lenders.
Which are the business ideas for finance students?
Finance students can start small businesses like loan consultancy, tax filing services, or freelance bookkeeping. They can also offer investment advice, budget planning, or stock market education through blogs or YouTube. Other good options include mutual fund distribution, credit repair services, or financial analysis for startups. These ideas need low investment and help build real-world experience.
The modern consumer relies on a network of traders, wholesalers, retailers, and manufacturers for a myriad of essential products. E-commerce has made shopping easier for customers, but it has also created difficulties for the different participants in the supply chain.
Building relationships inside the distribution channel has proven to be a challenging undertaking for retail stores, store owners, and anyone involved in the wholesaling and retailing sector. B2B eCommerce solutions have emerged in response to this demand, with the goal of establishing smooth linkages throughout the chain.
Udaan, as a prominent player in this space, is specifically designed to facilitate connections and aid traders, retailers, and wholesalers in the small and medium businesses of India.
Udaan’s multipurpose platform, which functions as a B2B trading platform in India, covers a broad range of categories, such as toys, home and kitchen, electronics, fruits and vegetables, and more. Its purpose is to make distribution network operations more efficient and collaborative while offering businesses in India a complete solution.
Read this article to know more about Udaan’s founders, business model, revenue model, growth, challenges faced, funding, and more.
Udaan is a (B2B) Business-to-Business e-commerce platform. The company helps its users to grow their businesses by leveraging the power of technology. It is popularly known as one of the largest national distribution platforms of its kind that has already attained unicorn status, thereby becoming one of the unicorns of India, when it raised around $225 million in 2018.
With an aim to make business easy in India, it provides its users, access to new markets. Furthermore, it also provides financial products for the sellers and buyers of the country as well. The goal of the company is to bring traders, manufacturers, wholesalers, and retailers under a single platform.
Udaan – How it Works
Udaan is an all-inclusive marketplace that links producers, retailers, wholesalers, and dealers while providing a wide selection of premium goods at affordable costs. It offers merchants an easy-to-use onboarding process that requires little information, as well as effective catalog tools that simplify the presentation of products and provide a dynamic, two-way channel for trade.
It facilitates seamless integration for sellers by supporting established trade practices and ensuring reliable delivery through udaanExpress, backed by partnerships with leading courier services in India.
The platform places a high priority on compliance, providing a safe and transparent environment for transactions along with a dependable payment gateway. By extending this dedication to safe and prompt product deliveries, the platform further solidifies its standing as a reputable e-commerce platform.
In essence, Udaan not only connects businesses but also simplifies the selling process, offering a secure and efficient marketplace that prioritizes transparency, compliance, and customer satisfaction.
Udaan – Industry
The India E-Commerce Market is estimated to be valued at $112.93 billion in 2024, and projections suggest a robust growth trajectory, reaching $299.01 billion by 2029 with a notable CAGR of 21.5% during the forecast period (2024-2029), according to analysis from Mordor Intelligence.
In this dynamic e-commerce environment, Udaan stands out as a major force in the B2B eCommerce market. According to recent reports as of January 5, 2024, Udaan is expected to play a major role in the industry’s growth. The B2B eCommerce market is expected to grow at an attractive compound annual growth rate (CAGR) of approximately 20% until FY25.
Udaan – Founders and Team
Udaan was founded by Amod Malviya (co-founder and Engineer), Vaibhav Gupta (co-founder), and Sujeet Kumar (co-founder).
Amod Malviya (co-founder and Engineer), Vaibhav Gupta and Sujeet Kumar Co-Founders of Udaan (Left to Right)
Amod Malviya
Amod Malviya is the Founder and the Engineer of Udaan. Malviya prominently served as the Chief Technology Officer at Flipkart for a period of more than 5 years. Itellix Software Solutions, Riya Internet Technologies Pvt Ltd, and ApnaPaisa Pvt. Ltd. are some other companies where Amod has served as Software Engineer, Sr. Software Engineer, and V.P Engineering respectively before founding Udaan. Amod Malviya was an alumnus of the Indian Institute of Technology, Kharagpur, from where he completed his BTech in Electrical Engineering.
Vaibhav Gupta
Vaibhav Gupta is another founder of Udaan, who was also appointed as the CEO of the company in September 2021. Vaibhav was also a previous employee at Flipkart, which he joined after serving as an Engagement Manager and Senior Consultant at McKinsey & Company and Trilogy E-Business Software India Ltd. respectively. Gupta is also an IITian, who graduated from IIT Delhi with Computer Science & Engineering. He then pursued his MBA from the University of Virginia, Darden Graduate School of Business Administration.
Sujeet Kumar
Sujeet Kumar is the co-founder of Udaan. He pursued his BTech in Civil Engineering from the Indian Institute of Technology, Delhi. Sujeet was appointed as the President of Operations at Flipkart, where he served for over 3 years before founding Udaan.
Udaan operates with an employee strength between 1500-5000, as per LinkedIn.
Udaan – Startup Story
In 2016, Udaan took flight from its base in Bangalore, setting out on a journey that would redefine B2B e-commerce in India. Amod Malviya, Vaibhav Gupta, and Sujeet Kumar, three visionaries who had developed their skills at Flipkart, founded the company and brought a plethora of experience with them. Their varied positions at Flipkart together created the foundation for an initiative that aims to transform how companies interact and prosper.
At first, Udaan concentrated on solving the unique problems that small buyers and sellers in the electronics industry faced. For the first eight to ten months, the startup focused on being well-known around the nation, realizing that having a solid database was crucial before going all in with the supply business.
“Almost 94% of product sales in India happen through mom-and-pop stores. But small store owners have major sourcing and supply chain problems. We felt catering to their needs is a huge opportunity,” said Udaan Co-founder Sujeet Kumar.
After becoming popular as a platform for logistics, Udaan carefully increased the range of products it offered. It developed into a well-known B2B marketplace over time, bringing together manufacturers, merchants, and distributors. Udaan is growing today and wants to become more than just a trading platform.
Udaan – Mission and Vision
Mission: As per the company’s website, their mission is articulated as:
Our mission is to enable small manufacturers, farmers, and brands to market and sell their products across the country at low cost with 100% payment security and complete transparency. While doing so we enable small businesses such as shopkeepers, kirana, restaurants, street vendors, chemists, offices, small factories, contractors etc. to source from a large selection of high-quality products at best prices while facilitating efficient and transparent transactions with huge convenience.
Vision: The vision of Udaan is to “transform the way trade is done in India leveraging technology.“
Udaan – Name, Tagline, and Logo
Udaan Logo
Udaan – Business Model
Udaan sets itself apart as an asset-light player by deliberately avoiding asset ownership in its business model. It is a dynamic marketplace that connects businesses and functions as a B2B e-commerce platform, enabling them to find a wide range of suppliers, consumers, and items in different categories. Beyond just facilitating transactions, Udaan offers a wide range of services. For smooth operations, the platform guarantees safe payments and offers extra logistical support.
Merchants on the Udaan platform benefit from a suite of solutions encompassing accounting, order management, and payment management. Udaan goes beyond traditional e-commerce functions by offering working capital to retailers at reasonable rates, effectively underwriting loans for small businesses.
This unique feature positions Udaan not only as a facilitator of trade between retailers and wholesalers but also as a financial enabler for the growth of small businesses. Operating in diverse categories such as lifestyle, electronics, FMCG, pharma, home and kitchen, staples, fruits and vegetables, toys, and general merchandise, Udaan’s business model aligns with its mission to empower businesses across a spectrum of industries.
Revenue from Logistics: As logistics is an important part of the services of Udaan, it also serves as a revenue driver for the company. Udaan collects delivery charges from the market participants against the services it provides, associated with the pick up of goods from the seller’s premises and delivering the same to the buyers. The company also receives fees for collecting any return of sales from the customers.
Warehousing services: Udaan offers storage and warehousing services for the sellers who are registered with the platform in order to deliver goods faster to the buyers, which in turn generates revenues for the company.
Receivable collection services: Udaan also collects fees from receivable management services that include the collection of payments from buyers in cash on behalf of the sellers or accepting payments online on behalf of the sellers.
Advertisement services: The advertisement services that Udaan provides, where the company promotes the product listings to ensure better visibility among the buyers of the platform also contributes to a part of their revenues.
Interest from credit: Udaan also offers credit to its merchants and traders via its NBFC arm, which helps them meet their working capital requirements. This service of Udaan helps the company generate interests, which thus becomes an important source of revenue for the platform.
Other value-added services: Udaan offers numerous other fee-based value-added services to the businesses that are registered on its platform. These services consist of packaging and printing labels on products, the printing of invoices, and returns management services, which also add up to the total revenues of the company.
Udaan faces several challenges in the competitive business world. Selecting the appropriate things to sell and the most effective means to reach customers is a major challenge. The dynamic nature of the market makes things difficult. It can be difficult for Udaan to persuade companies to use their web platform.
The company wants to use technology and efficient delivery methods to grow, but making these work smoothly on a large scale is tough. In the competition, Udaan has big rivals like Flipkart Wholesale, Amazon Business, and Jiomart Partners, as well as new players like Elastic Run and Shop Kirana. Building a good supply chain, or the way they get products to customers, is a big challenge for Udaan.
In addition, Udaan had to let go of a few workers in December 2023, which raised concerns about the viability of the business. This was their third layoff as they had previously done two in 2022. Thus, in addition to addressing corporate difficulties, Udaan also has internal problems.
Udaan – Funding and Investors
Here’s look at the prominent Udaan funding rounds that the company has seen to date:
Date
Transaction Name
Money Raised
Lead Investors
June 02, 2025
Series G
$114 million
M&G Investments and Lightspeed
October 28, 2024
Debt Financing
$36 million
–
December 14, 2023
Series E
$340 million
M&G Plc
November 24, 2022
Convertible Note
$35 million
EvolutionX
November 24, 2022
Debt Financing
–
EvolutionX
October 27, 2022
Convertible Note
$120 million
–
January 5, 2022
Convertible Note
$225 million
–
January 5, 2022
Debt Financing Round
$50 million
–
November 18, 2021
Debt Financing Round
Rs 50 crore
–
November 6, 2021
Debt financing round
$10 million
InnoVen Capital
September 25, 2021
Debt financing round
$6.7 million
BlackSoil
January 6, 2021
Series D
$280 million
Moonstone Capital, Octahedron Capital
Udaan – Investments
Udaan has invested in 5 companies till now.
Below are the details:
Date
Funding Round
Amount
Company Name
October 3, 2024
Seed Round
$3.3 million
Furnishka
March 12, 2024
Series A
$4 million
Pizza Wings
November 15, 2021
Series B
$4.5 million
Petpooja
September 9, 2021
Seed Round
–
OckyPocky
February 10, 2020
Series A
$2 million
Petpooja
Udaan – Financials
Udaan Financials
FY22
FY23
FY24
Operating revenue
INR 9,900 cr
INR 5,609.3 cr
INR 5,706.6 cr
Total expenses
INR 12,978 cr
INR 7,750.8 cr
INR 7,407.6 cr
Profit/Loss
Loss of INR 3,132 cr
Loss of INR 2,075.9 cr
Loss of INR 1,674.1 cr
Udaan Financials
Udaan Expenses
Udaan total expenses have decreased from INR 7,750.8 crore in FY23 to INR 7,407.6 crore in FY24.
EBITDA
EBITDA FY23-FY24
FY22
FY23
FY24
EBITDA Margin
-26.16%
-42.89%
-37.13%
Expense/Rs of Op Revenue
INR 1.42
INR 1.38
INR 1.30
ROCE
-149.3%
-143.81%
-169.05%
Udaan – Advertisements and Social Media Campaigns
Udaan – Marketing Campaign
Kirana
The advertising campaign emphasizes how simple utilizing the Udaan app is for small business owners. This campaign is a component of Udaan’s strategy to revolutionize how kirana shop owners get their daily supplies while also growing its presence in the food-FMCG segment across the nation.
Udaan – Awards and Achievements
Udaan has earned a lot of praise and attention for its outstanding achievements in the business sector. Some notable ones include:
Workplace Excellence (2022): Udaan was honored with the Best Places to Work in India Award by AmbitionBox, reflecting its commitment to creating a positive and exceptional work environment for its employees.
Forbes Accolade (2019): Forbes presented Udaan with the FILA Outstanding Startup of the Year award, recognizing the company’s exceptional contributions to the startup ecosystem and its noteworthy performance in the industry.
Unicorn Recognition (2018): Udaan has been recognized as one of the fastest companies to scale to a unicorn, which has achieved the unicorn valuation back in September 2018.
Udaan – Competitors
Here’s to mention the top Udaan competitors in India:
Udaan, a business-to-business (B2B) e-commerce company, is planning to expand its presence in the FMCG and HoReCa (Hotel, Restaurant, and Catering) segments and ramp up private label initiatives in the staples category. The company also aims to strengthen its financial position and is preparing for a potential IPO.
FAQs
What is Udaan?
Udaan is a market leader in the B2B eCommerce segment. Founded in 2016 in Bengaluru, Udaan brings manufacturers, traders, retailers, and wholesalers into a single platform.
Who are the founders of Udaan?
Amod Malviya, Sujeet Kumar, and Vaibhav Gupta founded Udaan.
Who is the CEO of Udaan?
Vaibhav Gupta has been announced as the CEO of Udaan in September 2021.
Is Udaan a B2B trading platform in India?
Yes, Udaan is a B2B trading platform in India. The Bengaluru-based B2B ecommerce unicorn is designed to bring manufacturers, traders, wholesalers, and retailers under the same platform.
Is Udaan unicorn?
Yes, Udaan is a unicorn company in India, which is also hailed as the fastest tech startup to receive the unicorn status. Udaan achieved this feat when it raised $225 million in funding in September 2018.
What are some of the Udaan company products?
Udaan makes a wide range of products available to all, which includes rice and rice products, salt, spices, masala, pulses and grains, dry fruits, along with products from several other categories including electronics and appliances, medicines, home and kitchen appliances, hardware supplies, luggage, backpacks and more.
Who are the Udaan competitors in India?
Udaan competitors in India are:
Bizongo
Meesho
TradeIndia
DMart
Moglix
Zoomtail
Bigtrade
Tradekosh
Who are Udaan investors?
Some of the prominent Udaan investors are Microsoft, DST Global, Lightspeed Venture Partners and more.
