Tag: goa

A Complete List of Indian Cities With Their Unicorn Count

Unbeknownst, the falling Indian currency 78 INR mark rate against the US dollar for the first time helped Indian marketers, that is, somehow created a smooth way to one step ahead in achieving the fifth-largest economy in India.

As we know to excel in the business challenges, startups must take necessary actions in evolving tech, a shift in consumer preferences by adopting new product strategies, and frame objectives according to economic policies.

Some Indian unicorns overcame the following challenges as they introduced indulgent, efficient, and customer-centric products. In this regard, India ranks as the third largest unicorn-producing country in the world, with 106 unicorns competing against the USA and China.

Indian Cities With Their Unicorn Count: A Total of 106 Unicorns
Bangalore
Mumbai
Gurgaon
New Delhi
Pune
Chennai
Noida
Hyderabad
Goa
Jaipur

Indian Cities With Their Unicorn Count: A Total of 106 Unicorns

According to IMF sources, India has surpassed the UK in the final three months of 2021 to become the world’s 5th largest economy, following the USA, China, Japan, and Germany in 2022.

Known for being the key pillar of the Indian economy, India’s startup ecosystem is a kick start to GDP growth, whereby the country achieved the milestone of 100 unicorns in May 2022.

The above graph shows the countries with the maximum number of unicorns (2022) as per the data shown by Google

Bangalore

We immediately conjure up an image of the country’s IT hub whenever we hear “Bangalore”, don’t we? Bangalore, as we all know, is a happening city in India with many tech-based companies and growing career opportunities. Bangalore is home to 43 unicorns out of 106 in India.

The city has a nurturing ecosystem that is known for its IT sector and ability to build top tech brands. By leveraging talented fellows, adopting cutting-edge technology, connecting with opulent inventors, and collaborating with multinational R&D centers.

Thereby, established top-most brands in achieving the $1 Billion mark within a short span and ultimately contributed 37% of unicorns of the nation in terms of leading sectors as Fintech 20% and SaaS 12% contribution of unicorns. Bangalore has earned the title of the top city in India for producing unicorns across industries like e-commerce, logistics, and ed-tech.

Startup Name	Industry	Founding Year	Unicorn Entry Year
NoBroker	PropTech	2014	2021
Apna	Marketplace- Employment	2019	2021
BlackBuck	Logistics	2015	2021
Zeta	Fintech	2015	2021
VerSe	Content Technology	2007	2020
Zerodha	Stockbroker	2010	2020
Flipkart	E-commerce	2007	2012
Ola	Transportation	2010	2015
Ola Electric	Automotive	2017	2019
BigBasket	E-commerce- Groceries	2011	2019
BYJU’S	Edtech	2011	2018
Udaan	E-commerce	2016	2018
Swiggy	Foodtech	2014	2018
Glance/ InMobi	Mobile Technology	2019	2020
PhonePe	Fintech Payments	2015	2020
RazorPay	Fintech	2014	2020
Unacademy	Edtech	2015	2020
Slice	Fintech	2016	2021
Acko	Insurtech	2016	2021
Mensa Brands	Financial Services	2021	2021
CoinSwithch	Cryptocurrencies	2017	2021
Licious	E-commerce Meat Products	2015	2021
MPL (Mobile Premier League)	ESports	2018	2021
Zetwerk	Marketplace- Consumer goods	2018	2021
Groww	Fintech	2017	2021
CRED	Financial Technology	2018	2021
Meesho	E-commerce	2015	2021
Digit Insurance	Insurance	2016	2021
ShareChat	Social Media	2015	2021
5ire	Blockchain Network	2021	2022
DailyHunt	Social News	2007	2020
LeadSquared	SaaS- CRM	2011	2022
Open	Fintech	2017	2022
Hasura	SaaS- Programming Tools	2017	2022
LivSpace	E-commerce Interior Design	2014	2022
Vedantu	Edtech	2011	2021
CureFit	Healthcare	2016	2021
DealShare	E-commerce	2018	2022
Amagi	Media, Advertising	2008	2022
CommerceIQ	E-commerce Management Platform	2012	2022
Mohalla Tech (Moj)	Software	2015	2021
Postman	Saas- API Development and Testing	2014	2020
InMobi	Adtech	2007	2011

Mumbai

In no doubt, Mumbai has earned the deserving title of ‘the city of dreams, a place where many entrepreneurs have started their careers. As is the case, Mumbai is the richest city in the country with a homeland of 72 billionaires living and contributing $310 Billion toward the GDP of the country.

Countless startups have been launching every day in Mumbai in terms of e-commerce, Fintech, Enterprise Tech, and Travel Tech to M&E sectors thus estimating 14% unicorns in India.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Dream11	Fantasy Sports	2008	2019
BillDesk	Marketplace- Employment	2019	2021
Nykaa	E-commerce	2012	2020
PharmEasy	Online Pharmacy	2015	2021
Rebel Foods	E-commerce Food Delivery	2011	2021
Upstox	Fintech	2010	2021
Eruditus	Edtech	2010	2021
upGrad	Edtech	2015	2021
BrowserStack	Cloud Infrastructure and Software	2011	2021
CoinDCX	Cryptocurrency Exchange	2018	2021
Gupshup	Software	2004	2021
Purplle	E-commerce Personal Care	2012	2022
Games 24×7	Gaming	2006	2022
MyGlamm	Personal Care Marketplace	2015	2021
LEAD	Edtech	2012	2022
Fractal Analytics	SaaS- Analytics	2000	2022
Infra.Market	B2B E-commerce	2016	2021
CitiusTech	Healthcare Technology	2005	2019
Matic Network / Polygon	Blockchain	2018	2021

Gurgaon

It accounts for more than 70% of unicorns in Delhi, as they are based in the Gurgaon region. The city has opened various portals for opportunities. Second-largest information technology hub and third-largest financial hub in India, Gurgaon is home to a slew of multinational corporations.

Since it houses top IT companies and fortune 500 companies, the city has been nicknamed ‘Cyber city’. With 13% of the total unicorn percentage in India, Gurgaon stands third in unicorn production.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Oxyzo	Fintech	2016	2022
Mamaearth	E-commerce Personal Care	2016	2021
Spinny	Automotive	2015	2021
Mobikwik	Fintech	2009	2021
OfBusiness	Building Materials	2015	2021
Droom	Marketplace- Automotives	2014	2021
BlinKit	E-commerce- Groceries	2013	2021
Urban Company	Home Services	2014	2021
CARS24	B2C E-commerce	2015	2020
OYO	Hospitality	2013	2018
Rivigo	Logistics	2014	2019
PolicyBazaar	Insurance company	2008	2018
Zomato	Foodtech	2008	2015
Tata 1mg	HealthTech	2015	2022
MakeMyTrip	Online Travel	2000	2010
ReNew Power	Renewable Energy	2011	2017
Pristyn Care	Healthtech	2018	2021

New Delhi

New Delhi is not only the capital of India but lately, reformed into a new startup capital of India. Moreover, India will become the 3rd biggest economy in the world in 2022, and Delhi has become a hotspot for several startups and unicorns around India as well.

Gurgaon and Noida are the most prominent hotspots. Delhi is now home to 10 unicorns, with an estimation of roughly 1 billion dollars. And as of 2022, Delhi-NCR has a market worth 46 to 56 million dollars. Moreover, Delhi is reported to have the most Indian unicorns in a short span, and its startup ecosystem is growing exponentially.

Approximately 12,000 startups, 30 unicorns, and a cumulative valuation of about $150 billion could be based in Delhi-NCR by 2025, making it one of the top 5 global startup hubs. Delhi NCR contributes roughly 6.6% to the Indian unicorns.

Startup Name	Industry	Founding Year	Unicorn Entry Year
BharatPe	Fintech Payments	2018	2021
Delhivery	E-commerce Logistics Services	2011	2019
Lenskart	E-commerce- Eyewear	2010	2019
ShipRocket	eCommerce shipping	2017	2022
GlobalBees	E-commerce Retail	2021	2021

Pune

One fine feature in unicorns at Pune is women leading the start-up culture. Pune has 3200 Startups, on the other hand, Mumbai has 3274 Startups, which may compete against each other in the future in a healthy way.

Moreover, the Sci-Tech Park (established by the Ministry of Science and Technology, Government of India, and the University of Pune in 1986) alone has 153 startups.

As a result of Pune’s exceptional position to support start-ups and its proximity to industry, IT, and the best academic institutions, international collaboration among start-ups has increased over the past few years. Pune’s contribution to unicorns is approximately 5.7% as of a recent survey.

Startup Name	Industry	Founding Year	Unicorn Entry Year
ElasticRun	E-commerce Logistics	2015	2022
XpressBees Logistics	E-commerce Logistics	2015	2022
FirstCry	E-commerce	2010	2020
Icertis	Saas- Contract Management	2009	2019
Druva Software	Saas- Data Management	2008	2019
OneCard	Fintech	2018	2022
MindTickle	Saas- Enterprise Software	2011	2021

Chennai

Since Chennai city has failed to invest enough in startups in the last ten years, speed has finally picked up now, with a new administration in place. In a recent study, Tamil Nadu has a well-rounded business ecosystem spanning sectors, particularly in the industrialization sector.

However, compared to Bangalore, Mumbai, and Delhi, it still struggles to fit in. Moreover, several experts are believed to turn Chennai from Tamil Nadu into i-Tamil Nadu Technology, a hub for technology and a better startup ecosystem. Chennai as well pitches in 6.7% of the Indian unicorn sectors to the economy.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Five Star Business Finance	Financial Services	1984	2021
Uniphore Software Systems	SaaS- Conversational Automation	2008	2022
CredAvenue/ Yubi	Fintech	2017	2022
ChargeBee	Financial Services	2011	2021
Freshworks	SaaS – CRM	2010	2018

The above graph shows the aggregate value of Indian Unicorns in Billion US Dollars as per the source Iron Pillar India Tech Trends Volume IV Report

Noida

In addition to Delhi, Noida has also bagged the title of a prosperous startup hub. The city is now a gateway for various global corporations. The city might be from Uttar Pradesh but emerged just like Delhi NCR when it comes to an industrial and manufacturing hub.

Noida has wide roads, and expressways in addition to greeneries, and for this reason, Noida is at present an up-and-coming city with an impressive startup ecosystem.

Moreover, it is near the Industrial Development Authority, Delhi, which makes good connectivity to the capital city, access to profitable talent, and cost-effective operations. Meanwhile, Noida extends 3.8% of the Indian unicorn sector’s income to the economy.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Moglix	B2B E-commerce	2015	2021
PhysicsWallah	Edtech	2016	2022
Pine Labs	Fintech	1998	2020
Paytm	E-commerce Finance	2010	2015
Paytm Mall	E-commerce	2017	2018

Hyderabad

When there is a discussion about startup cities, Hyderabad also needs to be mentioned. Even though not many of the startups have turned into unicorns here, the number of budding startups here is quite high.

In the span of 3 years, from 2019 to 2021, approximately 933 startups were created here. It is not wrong to estimate that some of the smartest startups have been based in Hyderabad. And when it comes to unicorn startups, Hyderabad is home to 3 unicorns in India.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Darwinbox	SaaS- HR	2015	2022
Highradius	Fintech	2006	2020
Zenoti	Saas- Spa and Salon Services	2010	2020

The above graph shows the percentage of Indian Unicorns based on the different geography as per Iron Pillar India Tech Trends Volume IV Report

Goa

Goa is highly acknowledged for its natural component. However, the government there is keen on making it a startup destination across India. Undoubtedly, Goa is home to many small and large startup businesses. Apart from that, Goa is also home to health based unicorn startup named Molbio Diagnostic.

Startup Name	Industry	Founding Year	Unicorn Entry Year
Molbio Diagnostic	HealthTech	2010	2022

Jaipur

The Pink city of India also provides a suitable culture for numerous startups to grow in it. The Ecosystem of Jaipur Startups is ranked at 7th position in India and 212th position globally. Jaipur is now home to one Indian Unicorn company and has many more coming in the future.

Startup Name	Industry	Founding Year	Unicorn Entry Year
CarDekho	E-commerce Automotives	2007	2021

Conclusion

On the whole, India has over 106 unicorns, all segregated in cities like Delhi, Bangalore, Chennai, Gurgaon, Noida, Hyderabad, Jaipur, Goa, and Mumbai. So far, India has globally earned recognition for its unicorns, and this may be one of the reasons why India is ranked third in the world economy.

FAQs

Which Indian state has the most unicorns?

Karnataka is home to the maximum number of unicorns.

Which city has the most unicorns?

Bengaluru has the most number of unicorns.

Which country has the most unicorns?

The United States has the highest number of unicorns in the world with a tally of 865 unicorns followed by China with an account of 224 unicorns.

Which is India’s 100th unicorn?

The 100th unicorn of India is a neo-banking platform named “Open”.

January 8, 2023

Goa Startup Policy: Here’s What You Don’t Know About It
‌Goa is considered a very famous tourist attraction. But Goa has been in everyone’s focus recently and that is not because of its tourist point. According to the recent reports and the updated startup policy of Goa, it is looked up to be considered as a top 25 place for startups in Asia by the year 2025. To accomplish these goals, a few guidelines along with a policy was introduced in the year 2017 by the Goa Government.

Reasons To Select Goa As A Startup Place
Updated Goa Startup Policy 2021
Effects Of Goa Startup Policy
FAQs

Reasons To Select Goa As A Startup Place

Before going up to the exact topic, we should first consider our option of selecting Goa as a destination for Startup.

Goa is considered a beautiful place to spend your vacation over there. But along with that, it is also considered a good option to build up your business in Goa. This place has good Infrastructure to look up as our first option in the favour of selecting Goa as a place of Startup. It has a good setup of water connection and electricity supply.

Another reason to select Goa as a place for Startup is the reason behind it being less expensive than the cities like Mumbai, Delhi, etc. The accommodation and renting services are less expensive than some other popular places.

The living standards of Goan people are quite impressive. They are almost perfect to serve or help you in your startup by giving up their precious time in your startup. The lifestyle lived by the people of Goa is considered to be capable of maintaining a proper work-life balance.

The other reason to consider Goa can be because of its growing technical aspects and many technology hubs taking up their bases in Goa. As it is very much involved with tourists, your startup can have a chance of getting in touch with different people depending upon your business field.

If you are looking to start a startup in the management field, you can get many opportunities there. Another great point to note is that it is well connected and quite easy to travel up to Goa from anywhere in India.

With these many reasons to consider, we can say with confidence that Goa is a good place for Startup.

Updated Goa Startup Policy 2021

The Vision for the updated Goa Startup Policy is to make it one of the most preferred Startup Destinations in India. And to also make Goa count up in the top 25 Startup destinations of Asia by the year 2025.

The updated version of the Goa Startup Policy was concerned with adding up a few changes in the old policy all depending upon the required alterations.

The vision was the same for earlier as well as the updated Startup Policy provided by the government of Goa.

The objectives of the updated version of Startup Policy with their simple meanings are explained below:
1. The updated version of the policy is to make Goa a good place for high-value startups by availing the facility of good geographical features as well human resources.
2. The process of building a robust startup place by inviting the best business-minded people to set up their base in Goa.
3. To assist and appreciate local businesses that are Goan startups and Goan enterprises.
4. To provide approx 6000 job opportunities to Goan people. The process is to convert approx 500 innovative and technology-enabled startups and build sustainable startups in Goa by fulfilling their necessary demands and presenting them with the facility of support for the next 3 years.
5. To provide the essential support to different field firms such as developing technology and innovation hubs, centers of excellence, R&D labs, Incubation centers for the next 3 years.
6. The involvement of technology-based studies in the curriculum of students. This can be done by including the collaboration of industry and academics and by introducing DIY modules in the curriculum of students in the Goan Education System. Along with these, there can be a few online courses for students that can be included in the University curriculum.
7. To create a stable environment and prepare Goan students to be able to work for high-level startups while achieving a great result in their professional growth.
8. To keep a track of the progress related to policy and evaluate its pros and cons. This is to make the best policy that can increase the growth rate of startups and allow frontiers to set up their business over her as for technology enablement as per ongoing situations.
9. To provide and arrange the funds for their support by different means to motivate the startups:
- The idea to P-o-C (Proof of Concept) Fund
- Seed Loan Fund
- Working Capital Fund
- Women Entrepreneurs Development Fund.
- Research & Development Fund
- Student Innovation Fund
- Skill Development Fund
- Incubation Support Fund
The major difference or adaptation of objectives is done based on two factors only:

The first is to create an opportunity for at least 6000 employment for this to be achieved, 500 innovative startups were required and the support given to them is for 3 years only. Whereas in the earlier policy, there was just the need of creating 100 successful startups to provide 5000 job employment with the support being given up for 5 years.

Another major difference is in the funds provided to startups. The updated startup policy has also given special attention to women, as it has provided the facility of funds for women entrepreneurs. This facility was missing in the earlier policy.

We can say after the updated policy came, it is easier for women also to start their startups in Goa.

This term of policy will be active for three years from the date of notification.

Effects Of Goa Startup Policy

From the time it was implemented in the year 2017, it has been proved to be a success for some people. According to the current status, there are approx. 111 startups being successfully introduced and are seen stepping the ladder of success.

The funds given to those startups have a total count of approx. 1.1 crores. And they are provided with the facilities promised by the goa government.

In the year 2021, there has been a new policy, or can be said as the updated version of the old policy was introduced. The main aim was to employ approx. 6000 people. The other thing that it focuses on is local firms. The updated policy is to provide them with funds for their development. It also focuses on the promotion of employing local people for their benefit. And the most important focus is to educate their students with some particular knowledge right from the start of their education system.

Earlier, when this policy was introduced, there was the main focus of only one field and that is the IT sector. However, this time it has been kept open for all sectors.

When there are innovations taking place in a world, women are also a strong part of them. Similarly, in the earlier policy, there were no specific funds kept for women which sometimes used to make them hesitate. However, the updated policy will allow them to start their startup with proper funds being provided to them through the government of Goa and funds collected for them.

The earlier policy had a great effect on Goa and was proved to be successful till the termination. But the proper result for the new policy is still awaited and can be fully appreciated only after it starts showing its effects.

The overall condition of goa startups is quite good and is attracting the attention of many big companies.

Conclusion

Startups are considered as the revolutionary practices of the market. The destination of startups is one of the most important factors to worry about.

Goa is considered within the best destination places for startups. With its updated version of startups terms and policy, it is a much better option to build up the base of your startup in Goa.

FAQs

Is Goa good for startups?

Yes, with the new Goa Startup Policy. Goa is good for startups. Because of its great infrastructure and affordable real estate. It becomes a feasible environment for a startup.

What is the main business in Goa?

The main business of goa includes Tourism, Agriculture, and Mining. But with the need of other businesses. A startup idea that can work well can be also a business in Goa.

How can I start a business in Goa?

You can start with Photography, Fish Farming, Travel agencies, Rental agency, Guesthouses, Spa and wellness, Commercial transportation, Restaurants/beach shack, etc.
November 29, 2021
Goa Startups | Entrepreneurs and Startups in Goa [Exhaustive List]
Cheap Beer, amazing beaches and astonishing nightlife, you just can’t dislike this place. But let me amuse you with more reasons which totally justifies the statement “Work hard and Play Hard”. Although, we would share the story of some successful entrepreneurs of Goa who are running their startup successfully. Quietly lurking in the shadows are the Goan entrepreneurs sprouting out their startups in Goa.

They are purely justifying the statement of The Economic Times, “Goa has become a hotbed for startup activity and talent”. Moreover, the icing on the cake is its Startup policies which have been brought forward by the Government of Goa. The policy forecasts this small state should be among the top 25 Destinations in Asia by the year 2025. It also says that it would be a hub for at least 100 successful start-ups and counting entrepreneurs sprouting out of the state.

The state is believed to have the perfect ‘Work-life balance’. Also, fast enhancing technological as well as infrastructural changes to cater to the needs of an entrepreneur. The future forecast of the startup environment in the state does look appealing and there is an obvious change in trends over time. However, with a supportive startup ecosystem and guidance from Goa Chambers of Commerce, Goa Entrepreneurs Mentoring Services, 91Springboard and a lot of others, the state has produced some of the hottest startups by emerging entrepreneurs in the country.

This is our list of Successful Startups in Goa. Please let us know if you know about any other one.

List of Successful Startups in Goa:
FAQs

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Goan Entrepreneurs

Foodel Goa

Founder: Anand Tarcar & Surendra Parjapati
Year Founded: 2018
Industry: Food Delivery

Foodel – Startups in Goa

Foodel is ideal for those who crave delicious food but are too lazy to get out of their comfortable beds. Derived from the name ‘Food’ and ‘Delivery’, “Foodel Goa” is a food ordering and delivery company based out of the state of Goa. Foodel was founded by Anand Tarcar and Surendra Prajapati.

The startup focuses on quality food delivery with keeping the taste of its customers in mind. The company also focuses on a home cook and bakers service wherein the customer can get a taste of homemade local food. Like Swiggy this startup follows no minimum or maximum order policies on their deliveries. According to their founders, the Goa market is completely ‘untapped’ giving them a chance to grow rapidly.

Altera Advisory

Directors: Praveer Kumar Kullu and Ameya Ashok Kamat
Year Founded: 2017
Industry: Financial Services

Altera – Startups in Goa

Altera Advisory is a financial services company. Altera Advisory provides their clients with the Altera provides end to end financial solutions and services including tax consultancy for its clients. It is a lifelong financial partner which caters all financial needs of clients like advisory execution.

The three pillars of its offering are technology, service and advisory. They make sure the whole process in convenient, Apart from the strong advisory and processes and all the technological tools that help client invest right from their smartphone, they also have access to every financial product under one roof.

Goamiles

Director: Sachin Bhavsar
Year Founded: 2018
Industry: Taxi Services

Goamiles – startups in Goa

Goa was one of the few states in the country and probably the biggest tourist destinations to lack the services of Ola and Uber. As peculiar it sounds, sometimes the fare of traveling from one city to another city is just a few hundred short of the cheapest flights from Goa.

Government of Goa have recently launched its own app-based taxi service called Goamiles. Along with the state government, the app also has the backing of the Goa Tourism Board. The app comes in the form of ultimate savior for tourists from very expensive local taxi services. This initiative takes another step for being an entrepreneur.

Coppercodes

Founder: Chinmay Kamat & Rohan Naik
Year Founded: 2017
Industry: Web Development

Coppercodes – Startups in Goa

Coppercodes is one of the newest startups and one of IT companies in Goa which have sprouted out of the state. Both the Co-Founders Chinmay Kamat, Rohan Naik aging at just 22, are the youngest successful entrepreneurs in the list of entrepreneurs of Goa. This in turns shows the young talent that is budding out of the small state.

The startups offer customized, tailor-made software, Mobile apps, Digital Marketing and Web Development. Visualizing the Goa market as a huge potential market and see the IT Industry as the need of the hour. The future forecasts of the company indicates the company heading towards successful technology solutions.

IBPS Consulting

Founder: Tamal Raha
Year Founded: 2017
Industry: Biopharma & Pharmaceutical Sector

IBPS Consulting – Startups in Goa

Integrated Biopharma and Pharma Solution (IBPS) is a scientific and technical consulting firm specializing in CMC, Non-Clinical and Clinical development, Regulatory and Quality assurance services for Biopharma and Pharmaceutical sector. IBPS specializes in Biologics/Biosimilars, Vaccines, Generics, Differentiated Products and Medical Devices and provides full length of consulting service covering all stages of the product development.

It caters to many therapeutic areas including Oncology, Anti-Inflammatory, Cardiovascular, Endocrinology, Gastroenterology, Medical Devices, Neurology, Women’s health and Vaccines. Besides India, IBPS is working with clients in the US, Central and Eastern Europe, China, Latin America, MENA region.

Rainbow Solar Power Solutions & Automation

Founder: D. R. Nayak
Year Founded: 2013
Industry: Solar Power Solutions

Rainbow Solar Power Solutions & Automations- Startups in Goa

Rainbow Solar Power Solutions & Automations offers concept-to-completion services for Grid-connected, off-grid with batteries Hybrid system and solar pump systems using solar PV technology. Additionally ,it offers the best and the most economically viable comprehensive solutions for Automation needs to help save on electricity usage.

Rainbow Solar Power Solutions & Automation has a strategic alliance with several OEM companies and component supplier for solar PV systems & for Automation. It is the Authorised Channel Partners with BuildTrack leader in Smart Automation and Internet of Things (IoT) solutions for Homes, Enterprises, Hotels, Hospitals, Senior Living and Warehouses.

Vacations Labs

Founder: Saurabh Nanda
Year Founded: 2012
Industry: Travel & Tourism

Vacations labs – Startups in Goa

Vacation labs, a startup in the travel and tourism sector which helps tour agencies their itineraries online quickly and hassle-free. It is a no brainer that Goa being on the pinnacle of tourism Industry in the country is the ideal target market for the startup. Founded by IIT alumni Saurabh Nanda who has a bucket load of experience of working with online travel portals such as Cleartrip.

Mobobeat

Founder: Tyrone D’Souza
Year Founded: 2008
Industry: Mobile Performance Network

Mohobeat – Startups in Goa

Mobobeat is a mobile performance network that works with top app developers and agencies helping them promote their apps globally. The founder of the company is Tyrone D’Souza. D’Souzas has an experience of four years with InMobi across different roles including Ad operating and leading the account management team. The startup would be beneficial to all the upcoming entrepreneur to escalate their products and services to their target audiences.

HandyTrain

Founder: Gourav Jaiswal
Year Founded: 2015
Industry: SaaS

Handytrain – Startups in Goa

Handytrain is a Software-as-a-Service (SaaS) Platform. It helps SMEs and corporate better train their employees by leveraging their smartphones as a preliminary or primary training tool. The startup aims to improve the understanding and retention of employee training modules. The startup had raised $2 Million in funding from multiple angel and institutional investors to enhance their service.

Browntape Technologies

Founder: Piyush Goel, Gurpreet Singh
Year Founded: 2012
Industry: Internet Software

Browntape – Startup in Goa

Browntape is a cloud-based software that helps online merchants manage their orders and inventory in one place without the need to log in to each site separately. Browntape’s End-to-End Ecommerce Management service allows brands and manufacturers to focus on their product selection and smoothening the supply while we take care of their entire online e-com handling and growth. It has worked with brands which include Lego, Raymond, Future Group, Arvind Brands, Timex, Prestige, Urban Ladder, Zivame and many more.

Seynse

Founder: Gourav Jaiswal
Year Founded: 2015
Industry: Fintech

Seynse – Startup in Goa

Seynse is a Fintech startup. They have created the Loan Singh platform. Seynse’s digital lending platform, Loan Singh provides consumer access to loans through its proprietary credit scoring engine. It has a network of over a dozen partner alliances, banking institutions, and individual lenders. The Company has been funded by a lot of Angel Investors. In 2017 Telecom Major, Bharti Airtel acquired a strategic stake in the startup, the value which still remains disclosed.

Indian Startups – Funding & Investors Data [November 2020 Updated]

Ideas, creativity, and execution are essential for a startup to flourish. Butare they enough? A startup succeeds in the long run only if it can scale as andwhen required. Investors provide startups and other entrepreneurial ventureswith the capital—popularly known as “funding”—to think big, grow …

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TempoGo

Founder: Pranav Shirke
Year Founded: 2015
Industry: Transportation Solutions

Tempogo – Startup in Goa

TempoGo is an Internet of Things (IoT) and Software-as-a-Service (SaaS) solutions provider for the Transportation Industry. However, it has successfully managed to raise $500K from Javelin Startup-O Victory Fund. They later received a funding of 825k from K2 Capital Group, which makes a total of $1.3 million funding.

Letcetra Agritech

Founder: Ajay Naik, Bhaskar Rao & Dr. Aftab Alam
Year Founded: 2016
Industry: Agriculture

Letcetra Agritech – Startup in Goa

This may look a little odd for the state of the party, but health is equally important for everyone. Letcetra Agritech is a startup which is working on to advance the technology in the farming sector. They provide pure food to everyone at an affordable price. The co-founder, Ajay Naik sold his software company to a British company. He later founded Letcetra Agritech. Letcetra Agritech is a product of 3 agriculture passionate people and their knowledge in different sectors.

Minkspay

Founder: Sanket Shendure
Year Founded: 2016
Industry: B2B Payment Solution

Minkspay – Startup in Goa

With a B2B model, this startup provides a better and easy way to the retailers to recharge cutomers’ mobiles networks. It also helps them to transfer money. India has a very broad retail market. So, providing all the retailers of the country an easier way to do their work really helps them all. So, we cannot say that Goa is only encouraging the party culture.

Eeztail

Founder: Simon Fernandes
Year Founded: 2015
Industry: Digital Marketing

EezTail – Startups in Goa

Young creative minds formed Eeztail to help sellers sell their products on India’s leading e-commerce marketplaces. Eeztail specialises in Social Media Marketing to get your business recognised online. Eeztail provides social media marketing, search engine optimization & marketing.

Party Hunt

Founder: Rachit Rawat
Founding Year: 2018
Industry: Mobile Application, Event Management

Party Hunt – Startups in Goa

Goa is all about party. People come to this place only to enjoy parties with friends. But what if you go there and couldn’t find any party at all? Party Hunt comes in handy in these situations. Party Hunt is an app which lets you find the best party around you and according to your need. You can find a party with Bollywood songs, English songs, specific food or drink type, etc. You can even create your own party on the app. However, the service is available only in Goa yet.

How To The Become Best At Event Planning | Become A Event Planner

Event planning is a cool job to have but hard to execute and make a living out of it. The event planning business is a grey area which only a limited number of experts know in and out. This post will hopefully help you become an event planner if that’s your aim.

StartupTalkyDevashish Shrivastava

DCCEPER

Founder: Luke Sequeira
Founding Year: 2013
Industry: Web Development

DCCEPER – Startups in Goa

DCCEPER is another tech startup which found it’s grassroots in Goa. Founded by Luke Sequeira who considers himself purely Goan entrepreneur even though completing his masters in Canada. DCCEPER aims at working with entrepreneurs around the globe to help them with their quest for building scalable web and mobile apps. The company has already established its branches across the globe having offices in London and Toronto.

Zooter

Founder: Kavita Naik & Aditya Chintawar
Founding Year:
Industry: Sports

Zooter – Startups in Goa

Zooter is an online marketplace which caters the sports needs for youngsters. This startup is founded by Kavita Naik and Aditya Chintawar. The company focuses on organizing the sports industry of our country one sport at a time. They provide digitalised ways to schools, clubs, coaching academics to manage themselves in a unique hassle-free way. Their vision is to give sportspersons the power to share, connect, learn and bring everybody associated with the sport under one roof.

Spark+ Technologies

Founder: Sudesh Sangelkar
Founding Year: 2018
Industry: Information Technology & Services

Spark+ Technologies – Startups in Goa

Spark+ Technologies is one of software companies in Goa. Spark+ Technologies is an incubation and innovation hub that leverages its deep industry expertise to help people at hometown and serve customers locally & globally to meet their innovation needs. Spark+ Technologies services include Blockchain, Web Development, SEO And Digital Marketing, Desktop App Development, UI/UX Auditing and Designing and Data Engineering. They have other community projects such as Sparklottery & Startx: company inhouse projects in Blockchain, Digital Baila which is to empower women of Goa and other is Goa Home Services.

Brittle.design

Founder: Sid
Founding Year: 2016
Industry: Design Studio

brittle.design – Startups in Goa

Brittle.design is a blend of modern design, classic materials and 3D Printing. 3D printing done at brittle.design is restricted to PLA (poly-lactic acid), a biodegradable plastic derived from renewable resources such as corn starch and sugarcane.

So, this was a list of companies in Goa. Likewise, Goa is evolving in the startup ecosystem in the same way as Shimla, Lucknow and other cities of India are showcasing their entrepreneurial skill set and hustling all the way round to lead young energetic future entrepreneurs.

FAQs

What is Goa Startup scheme?

Goa Startup Policy 2017 is an initiative by government of Goa to make Goa one of the most preferred start-up destination accross India and provide assistance to the entrepreneurs of Goa.

What are the top Startup business in Goa?

Some of the most profitable business to start in Goa are:
- Photography
- Travel agency
- Restaurants
- beach shack
- Fish farming
- Rental agency
- Guest houses
- Spa and wellness
- Commercial transportation
What is the main source of income in Goa?

The economic growth of Goa is driven by these industrial sectors:
- Fishing
- Agriculture
- Tourism
- Pharmaceuticals
October 13, 2021