Tag: pepperfry

  • 28 Game-Changing Profitable Franchise Business Opportunities in India

    The franchise industry in India has been witnessing significant growth, with over 300 new franchise companies starting up every year. According to industry statistics, the Indian franchise business is expected to reach USD 140-150 billion in the next five years. Multi-unit franchisees account for 53% of all franchises in the country.

    The franchise market in India is projected to surpass INR 15,000 crore by 2025.

    The franchise business model has become a popular choice for brands looking to expand their operations in India, and there are numerous low-cost franchise opportunities available in the market. With its large consumer base, India offers immense potential for profitable franchise businesses, benefiting both franchisors and franchisees.

    Currently, there are around 4,600 active franchisors operating across various sectors in India.

    Many successful entrepreneurs have opted for the franchise model, which has enabled them to achieve their business goals and build thriving enterprises.

    Starting a small business franchise is a great way for new entrepreneurs to enter the market with an established brand and proven business model. If you’re wondering which franchises offer the most profitable returns, you may find it helpful to explore the 28 most profitable franchise options available in India, as outlined in our post.

    What is a Franchise Business?
    How to Select the Best Franchise?
    Best Low-Cost Franchise Business Opportunities in India
    Top 28 Highly Profitable Franchise Business Opportunities in India

    What is a Franchise Business?

    Ever wondered why there are so many foreign brands in the Indian market? The answer is a franchise business. It is one of the primary channels through which international businesses and brands have gained strength in the Indian market.

    A franchise business is a type of business model in which an individual or company (known as the franchisor) grants the rights to use their business name, products, and services to another individual or company (known as the franchisee) in exchange for a fee and ongoing royalties.

    The profits of owning and selling a franchise go both ways; the franchisor and franchisee reap benefits. Once the franchisee gets access to the brand’s loyal consumer base, creative support, legal counsel, and training support, the franchisor can further expand the business in untapped markets, increasing market share and revenues.

    Before stepping into this model, it’s essential that investors and businesses thoroughly research their potential business partners before signing the dotted line. For investors, it is probably safer to stick to established names and brands.

    There is a rumor that the franchise model requires a huge investment. Let’s clear this misconception. Franchising is the most profitable and feasible form of business opportunity; one needs to know how to obtain a franchise. You can easily start a franchise for INR 1 lakh.

    How to Select the Best Franchise?

    Before joining this franchise world, one must conduct a thorough study to determine which franchise is most suited to their needs.

    • Focus on your Aims: A person must have a crystal-clear idea of the kind of industry they want to join. These franchises operate in various industries, such as food, apparel, services, cosmetics, etc. So the person must select the franchise as per his/her interest.
    • Infrastructure Investment: This is also a key factor when selecting a franchise. These best franchises require standard infrastructure investment, which is non-negotiable. So, a person has to keep this in mind while selecting a particular franchise. It is suggested that beginners should opt for smaller franchises that require less investment and very minimal operational costs.  
    • Backup for Operations: Like in many other businesses, franchise businesses take time before making a profit. No matter how big a franchise one opts for, one should keep a financial backing of at least 6 months if one wants to excel well in this domain.
    • Use of Technology: To optimize operations and engage customers, automate marketing, use inventory software, and employ CRM tools.
    • Consider Profitability: Choose a franchise with high profit margins plus repeat business potential. Another factor that one must consider is controlled operational costs. High sales numbers can be less valuable than sustainable growth.

    Best Profitable Franchise Business Opportunities in India

    It will be fascinating to see how the franchise industry does financially as we progress in this field. Some names have already become bigger brands in India’s franchise industry, and they control a major share of the market. Here are listed some of the most profitable Franchise Business Opportunities in India:

    S.No Brand Name Industry Initial Investment (Approx.) Franchise Type
    1 Tumbledry Laundry & Dry Cleaning INR 20–25 Lakhs Single Unit Franchise
    2 Subway Food & Beverage INR 6–11 Lakhs + setup cost Quick Service Restaurant
    3 Giani’s Ice Cream & Dessert INR 10–15 Lakhs Kiosk/Parlour Model
    4 Jawed Habib Hair and Beauty Ltd. Salon & Beauty INR 25–30 Lakhs Studio Franchise
    5 InXpress Courier & Logistics INR 5–6 Lakhs Master Franchise
    6 DTDC Courier And Cargo Ltd. Courier & Logistics INR 50K–INR 2 Lakhs Area/Unit Franchise
    7 Lenskart Eyewear & Retail INR 30–35 Lakhs Retail Franchise
    8 FabIndia Fashion & Lifestyle INR 40–45 Lakhs Exclusive Outlet
    9 Pepperfry Furniture & Home Décor INR 15–20 Lakhs Studio Franchise
    10 Kake di Hatti Food & Beverage INR 20–30 Lakhs Restaurant Franchise
    11 EuroKids Preschool Education INR 12–15 Lakhs Preschool Franchise
    12 Affinity Salon Beauty & Wellness INR 20–30 Lakhs Salon Franchise
    13 Kalyan Jewellers Jewellery INR 1.5–2 Crores Exclusive Franchise
    14 Lakme Salon & Beauty INR 50 Lakhs – INR 1 Crore Salon Franchise
    15 KFC Quick Service Restaurant INR 1–2 Crores QSR Franchise
    16 Jockey Apparel INR 30–50 Lakhs Exclusive Store
    17 Hero MotoCorp Automobile INR 1.5–2.5 Crores Dealership Franchise
    18 Domino’s Food & Beverage INR 30–50 Lakhs QSR Franchise
    19 McDonald’s Food & Beverage INR 6–14 Crores FOFO Model Franchise
    20 FirstCry Baby Products Retail INR 20–30 Lakhs Store Franchise
    21 VLCC Wellness & Healthcare INR 20–30 Lakhs Wellness Center
    22 Kathi Junction Food & Beverage INR 10–15 Lakhs Kiosk/Outlet Model
    23 Kidzee Preschool Education INR 12–15 Lakhs Preschool Franchise
    24 Dr. Lal PathLabs Diagnostics & Health INR 3–5 Lakhs Collection Center
    25 Amul Dairy & FMCG INR 2–6 Lakhs Preferred Outlet
    26 Delhivery Logistics & Courier INR 50K–INR 2 Lakhs Logistics Partner
    27 La Pino’z Pizza Food & Beverage INR 30–50 Lakhs Restaurant Franchise
    28 Baskin Robbins Ice Cream & Dessert INR 10–15 Lakhs Kiosk/Parlour Model

    Profitable Franchise to apply for:

    Franchise Application Category
    7th Heaven Apply Here Bakery & Cafe
    Biggies Burger Apply Here Burger Chain
    Chicago Pizza Apply Here Pizza Chain
    Let’s Transform Salon Apply Here Beauty & Wellness
    Internet Marketing School Apply Here Digital Marketing Institute
    Frozen Bottle Apply Here Beverages & Cafe
    Moti Mahal Apply Here Restaurant
    Pepperfry Apply Here Furniture

    Top 28 Profitable Franchise Business Opportunities in India

    Tumbledry

    Franchise Business Tumbledry Dry Clean and Laundry Service
    Infrastructure Investment INR 25 Lac
    Area Required 700-1200 sq. ft.
    Total Franchise Units 900+
    Franchise Fee Included in Infrastructure Investment
    Royalty Fee 7.5%
    Profit Margin 50% of profit margin
    Apply for Franchise Click Here
    Tumbledry - Best Franchise in India
    Tumbledry – Best Franchise in India

    Gaurav Nigam and Navin Chawla started Tumbledry in 2019 with the goal of bringing order to India’s disorganized laundry industry. The market for laundry services in India has expanded considerably in recent years and is now expected to be worth more than INR 20,000 crores by the end of 2024.

    Tumbledry has framed a franchise business that is ideal for metros and tier 1, 2, and 3 cities. Firstly, it requires a very basic structure and can be conducted in a limited amount of space. Tumbledry is all set to grow in multiple folds in the coming years because many graduates will migrate from tier 4 and 5 cities to metros and other urban cities for jobs and conducting business.


    Best Low-Investment Franchise Business in India
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    Subway

    Franchise Business Subway
    Infrastructure Investment INR 25-30 Lac
    Area Required 200-350 sq. ft.
    Total Franchise Units More than 600
    Franchise Fee INR 6.5 Lac
    Royalty Fee 8% gross sales
    Profit Margin 45-50% of sales
    Apply for Franchise Click Here

    Subway is the largest sub-sandwich chain in the world. Subway was started by Fred DeLucea in 1965 in the USA to help pay his college tuition fees. Subway’s mission is to provide service of the highest quality to its customers at affordable prices, something that every brand abides by nowadays. It is the top franchise in India.

    Today, Subway is one of the few mainstream fast-food joints that thrives on the promotion of a range of healthy food options. With salads and endless sandwich combinations on a variety of breads such as whole wheat, multigrain, and gluten-free variants, Subway has created a loyal customer base in the process. Today, it is recognized in the beverage and food segment as one of the best franchise businesses in India.


    List of Top Bakery/Cake Franchises in India In 2024
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    Giani’s

    Franchise Business Giani’s
    Infrastructure Investment INR 10-20 Lac
    Area Required 150-300 sq. ft.
    Total Franchise Units Around 200
    Franchise Fee INR 5 Lac
    Royalty Fee INR 6 Lac
    Profit Margin 50% of sales
    Apply for Franchise Click Here
    Giani's - Best Franchise in India
    Giani’s – Best Franchise in India

    Giani’s is one of the oldest ice cream parlors in India. It was founded by Giani Gurcharan Singh in 1956. The ice cream and fast food industry in India was very disorganized back then, with local competitors controlling the bigger share of the market, therefore, the basic idea behind Giani’s brand was to break this trend by providing high-quality products to its customers.

    Giani’s went on to launch several company-owned and franchise outlets in Northern India and experienced big returns on its investment. Today, it is among the low cost franchise in India that offers huge returns on a relatively small investment in the Beverages and Food segment.


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    Jawed Habib Hair and Beauty Ltd.

    Franchise Business Jawed Habib Hair and Beauty Salon
    Infrastructure Investment INR 25-35 Lac
    Area Required 1000-1500 sq. ft.
    Total Franchise Units Around 900
    Franchise Fee INR 7.5 Lac
    Royalty Fee 15%
    Profit Margin 15% of gross sales
    Apply for Franchise Click Here

    ‘Jawed Habib’ is a hair grooming and wellness brand founded by Jawed Habib in 2005. Jawed comes from a family of barbers; thus, haircutting was not new to him. His grandfather was the barber of famous dignitaries such as Lord Mountbatten and Pandit Jawaharlal Nehru. Following their legacy, Jawed’s father was appointed as the Rashtrapati Bhawan’s official hairstylist.

    In addition to its around 900 franchised salons in India, Jawed Habib Hair & Beauty also has a strong international presence in countries like Bangladesh, Nepal, Dubai, Singapore, and Kenya.


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    InXpress

    Franchise Business InXpress
    Investment INR 9 Lakhs
    Franchise Units 500+ Globally
    Area Requirement 250-500 sq. ft.
    Profit and Margins 30% ROI in the first year
    Apply to InXpress’s Franchise Click Here
    InXpress - Best Franchise in India
    InXpress – Best Franchise in India

    InXpress has partnerships with world-class carriers that handle pick-ups and deliveries. InXpress founded in 1999, determines the right carrier and service option for customers’ requirements at economical prices. The brand gives entrepreneurs the setup to build a flexible business with the support of a global franchise system and is also among the low-cost franchise businesses.


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    DTDC Courier And Cargo Ltd.

    Franchise Business DTDC Courier And Cargo Ltd.
    Infrastructure Investment INR 50k-2 Lac
    Area Required 350-500 sq. ft.
    Total Franchise Units 1000+
    Franchise Fee Included in Infrastructure Investment
    Royalty Fee 10% of turnover
    Profit Margin 20% of ROI
    Apply for Franchise Click Here

    Subhashish Chakraborty is the founder, chairman, and managing director of DTDC Courier and Cargo Ltd. The brand came into being in Bangalore in 1990 and has over 1000 franchise units in India today, bringing a wonderful franchise business opportunity for the enthusiasts out there. DTDC pioneered the franchise-based model in the express industry and is still deemed the company with the top franchise opportunities. It is considered to be an ideal small business franchise opportunity in India.

    Lenskart

    Franchise Business Lenskart
    Infrastructure Investment INR 30-35 Lac
    Area Required 300-500 sq. ft.
    Total Franchise Units 500+
    Franchise Fee Around INR 2 Lac
    Royalty Fee No Fee
    Profit Margin 13-25% of sales
    Apply for Franchise Click Here
    Lenskart - Best Franchise in India
    Lenskart – Best Franchise in India

    Lenskart is one of the fastest-growing eyewear brands in India. It operates both online and offline. Lenskart was founded by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi as an online portal for contact lenses in 2010. Currently, Lenskart operates under the umbrella of ‘VALYOO technologies’. People with any kind of vision issues make up the bulk of Lenskart’s clientele. In 2011, eyeglasses and sunglasses were also added to the range. The brand didn’t stop there; it ventured into launching offline stores to expand its retail footprint.

    With the demand for vision correction that Lenskart brings to the scene, the company is thus aiming to be one of the highest-profit franchises.

    FabIndia

    Franchise Business Fabindia
    Infrastructure Investment INR 10-15 Lac
    Area Required 1500-2000 sq. ft.
    Total Franchise Units 355
    Franchise Fee Around INR 5 Lac
    Royalty Fee 0
    Profit Margin 30-40% of total sales
    Apply for Franchise Click Here

    Fabindia was founded by John Bissell in 1960 and has become a household name today. It is loved by all age groups alike. FabIndia has crossed the INR 1,000 crore sales mark to become the largest retail apparel brand in India; it is significantly ahead of competitors like Zara and Levi’s India. FabIndia has been adding new categories of products consistently.

    Fabindia offers flexibility in its franchising cost, and that is the main USP of this brand. It can cost between INR 10 and INR 15 lakhs to open a small store, which includes a contract fee of about INR 5 lakhs with a royalty fee being waived off.


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    Pepperfry

    Franchise Business Pepperfry
    Investment INR 15-40 Lakhs
    Franchise Units 30+
    Area Requirement 400-1200 sq. ft.
    Profit and Margins 20%-25% profit margin
    Apply to Pepperfry’s Franchise Click Here
    Pepperfry - Best Franchise in India
    Pepperfry – Best Franchise in India

    Established in 2011, Pepperfry is headquartered in Mumbai, Maharashtra, as an online furniture business that operates 60+ physical stores or Pepperfry studios spread across 28+ cities, along with operating as an online e-commerce store. The company launched its Franchisee Program in September 2017 and is currently operating 20+ FOFO Studios across many Indian cities, including Bengaluru, Mysore, Hubbali, Indore, Goa, Lucknow, and more.

    Kake di Hatti

    Franchise Business Kakde di Hatti
    Infrastructure Investment INR 20-30 Lac
    Area Required 1000-2000 sq. ft.
    Total Franchise Units 10-20
    Franchise Fee INR 12-14 Lac
    Royalty Fee 7%
    Profit Margin 20% of net sales
    Apply for Franchise Click Here

    Kake di Hatti is an inter-generational restaurant that has been running successfully for more than seven decades. It began as a small shop in Old Delhi’s Chandni Chowk in 1942 and soon turned into a household name. Kake di Hatti has garnered loyal customers due to its high-quality eatables. Kake di Hatti gives out franchise licenses only after ensuring that the franchise owner will be able to maintain the high-quality standards for which the restaurant is known.

    The franchise owner of Kake Di Hatti has the advantage of spending less on marketing and promotion since the brand itself has a strong customer base. Kake Di Hatti can be considered one of the most popular franchise brands in India.

    EuroKids

    Franchise Business EuroKids
    Infrastructure Investment INR 12-15 Lac
    Area Required 1500-2000 sq. ft.
    Total Franchise Units Around 1000
    Franchise Fee INR 3.5 Lac
    Royalty Fee 0
    Profit Margin 20% of total sales
    Apply for Franchise Click Here
    EuroKids - Best Franchise in India
    EuroKids – Best Franchise in India

    EuroKids is one of India’s most prominent preschool chains and has grown to be among the best franchises with low investment. It was founded by Prajodh Rajan and Vikas Phadnis in 2001, and it was their ‘child first’ ideology that led to the success of EuroKids. EuroKids has come a long way from being a publishing company to a full-fledged playschool chain that parents nationwide have bestowed their trust in. With over 1000 preschool centers in more than 350 cities across India, Nepal, and Bangladesh, the brand has created a stellar reputation for itself as a perfect place for nurturing young minds.


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    Affinity Salon

    Franchise Business Affinity Salon
    Investment INR 30-50 Lakhs
    Franchise Units
    Area required 1000-1500 sq. ft.
    Apply to Affinity Salon’s Franchise Click Here

    Vishal Sharma founded the Affinity Salon group in 1992. Sophisticated and experienced staff coupled with luxurious, upmarket interiors and an international range of beauty products distinguish Affinity Salon from its competitors. The brand has also secured a place among the Top 100 Best Salons of the World in the Salon Red Book.

    The unisex salon franchise has set a benchmark for delivering global standards of hair care and beauty services in the country. Affinity Salon has seen steady growth and maintains nearly one hundred outlets in India. It plans to expand its outreach to many other Indian cities due to the increasing demand for unisex salons.

    Kalyan Jewellers

    Franchise Business Kalyan Jewellers
    Infrastructure Investment INR 50Lac-1 Crore
    Area Required 1000-2000 sq. ft.
    Total Franchise Units 230+
    Franchise Fee INR 5 Lac
    Royalty Fee 2%
    Profit Margin 12-20% of sales
    Apply for Franchise Click Here
    Kalyan Jewellers - Best Franchise in India
    Kalyan Jewellers – Best Franchise in India

    Established by T.S. Kalyanaraman in 1993, Kalyan Jewellers stands as a shining testament to trust and craftsmanship in India. With over 230 showrooms across India and the Middle East, this jewelry giant offers a captivating array of gold, diamond, and precious stone ornaments for various occasions.

    Applicants for a Kalyan franchise must submit proof of sufficient funds, relevant work experience (preferably in retail or jewellery), and the submission of necessary property paperwork in advance. With the help of these protocols, Kalyan Jewellers is able to keep its reputation and profits on the higher side.


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    Lakme

    Franchise Business Lakme
    Infrastructure Investment INR 50-60 Lac
    Area Required 900 sq. ft. onwards
    Total Franchise Units 450
    Franchise Fee Around INR 8 Lac
    Royalty Fee 0
    Profit Margin 18-25% of ROI
    Apply for Franchise Click Here

    Lakmé, an iconic Indian beauty brand, has a rich heritage linked to Hindustan Unilever, but it doesn’t have a single founder. In 1952, JRD Tata was established as a division of the Tata Group at the specific request of Prime Minister Jawaharlal Nehru. Since its launch, Lakmé has transformed into a multifaceted powerhouse, offering a wide range of cosmetics, skincare products, and salon services.

    Lakme Salon franchise covers everything from operations and management to professional training and developing the soft skills of the staff. Lakme has created some tempting student and women’s packages because its target customers consist mainly of females. It can be termed as one of the top franchises in India.

    KFC

    Franchise Business KFC
    Infrastructure Investment INR 1-2 Crore
    Area Required 1000-1500 sq. ft.
    Total Franchise Units 30000+
    Franchise Fee INR 36 Lac
    Royalty Fee 2%
    Profit Margin 7-8% of total sales
    Apply for Franchise Click Here
    KFC - Best Franchise in India
    KFC – Best Franchise Business in India

    KFC, the Colonel’s finger-lickin’ good empire, owes its beginnings to Colonel Sanders, a man who turned his love for fried chicken into a global phenomenon. KFC was founded in 1952 by Harland Sanders in Salt Lake City, Utah, USA, and it has since become a fast-food icon with over 800 outlets in India alone.

    KFC’s franchise model, recognized as the most profitable franchise in India, is a major driver of its success. The company operates through a mix of company-owned and franchised outlets, with the majority being franchised. This allows KFC to expand rapidly and tap into local expertise while mitigating risks associated with running its own stores. The franchise model has also been instrumental in bringing KFC’s signature fried chicken to every corner of India, making it a beloved part of the country’s culinary landscape.


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    Jockey

    Franchise Business Jockey
    Infrastructure Investment INR 45-50 Lac
    Area Required 1200-1400 sq. ft.
    Total Franchise Units Around 900
    Franchise Fee Included in Infrastructure Investment
    Royalty Fee No Fee
    Profit Margin 15-20% on sales
    Apply for Franchise Click Here

    Jockey, a household name in comfortable undergarments, traces its roots back to 1876 in Kenosha, Wisconsin, USA. Founded by Samuel W. Cooper, initially as a hosiery manufacturer, Jockey revolutionized undergarments with the introduction of its groundbreaking Y-front fit for men’s briefs in 1938.

    Today, Jockey boasts over 50,000 retail outlets globally, but interestingly, it doesn’t operate any of them itself! Jockey primarily operates through a robust franchisee model, partnering with experienced retailers to bring its renowned comfort to customers worldwide. Preferred as one of the favorite brands not only amongst youngsters but grown-ups as well, Jockey India can be considered the best franchise business in the country.

    Hero MotoCorp

    Franchise Business Hero MotoCorp
    Infrastructure Investment INR 50Lac-1.5 Crore
    Area Required 3000-5000 sq. ft.
    Total Franchise Units 6000
    Franchise Fee NA
    Royalty Fee NA
    Profit Margin Varies as per the two-wheeler model
    Apply for Franchise Click Here
    Hero MotoCorp - Best Franchise in India
    Hero MotoCorp – Best Franchise in India

    Hero MotoCorp, the king of Indian two-wheelers, traces its roots back to 1984 with the vision of Brijmohan Lall Munjal. Today, it reigns supreme with over 6,000 dealerships and service points across the country, a far cry from its humble beginnings. As one of the leading automotive companies in India, Hero MotoCorp has developed attractive franchise models to attract investors who are willing to put in extra effort to get associated with the brand. Hero MotoCorp is one of the best franchise businesses in India.

    Domino’s

    Franchise Business Domino’s
    Infrastructure Investment INR 30-50 Lac
    Area Required 1500-2000 sq.ft.
    Total Franchise Units 1900+
    Franchise Fee INR 4.5 Lac
    Royalty Fee 4%
    Profit Margin INR 2-3 Lac
    Apply for Franchise Click Here

    Dominos, the pizza empire synonymous with speedy delivery, owes its origin to Tom Monaghan and James Monaghan, brothers who bought a single store in 1960. Today, it boasts over 12,000 franchise units, a staggering legacy built on franchising. This model, where Domino’s partners with local entrepreneurs, has fueled its global expansion, allowing it to tap into diverse tastes and preferences while maintaining its core promise of hot, delicious pizzas in minutes.

    Most franchise brand owners are drawn to Domino’s Pizza since they don’t have to wait long for their franchise unit to start making money. Since Domino’s is very popular among students and youngsters, it is considered one of the most profitable franchises in India.


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    McDonald’s

    Franchise Business McDonald’s
    Infrastructure Investment INR 25-30 Lac
    Area Required 750-1500 sq. ft.
    Total Franchise Units 40000+
    Franchise Fee Around INR 25 Lac
    Royalty Fee 4-6%
    Profit Margin 20-25% of total sales
    Apply for Franchise Click Here
    McDonald's - Best Franchise in India
    McDonald’s – Best Franchise in India

    While most associate McDonald’s with the iconic Ray Kroc, who transformed it into a global behemoth, the foundation was laid by the McDonald brothers, Richard and Maurice. In 1940, they revolutionized fast food with their streamlined operation in San Bernardino, California. Today, McDonald’s boasts a staggering 40,275 restaurants in over 119 countries, with a fascinating franchise model.

    The success of McDonald’s franchises in India is evidence of the widespread popularity of the fast food chain among Indian consumers. It is one of the most profitable franchises in India.

    FirstCry

    Franchise Business FirstCry
    Infrastructure Investment INR 20-30 Lac
    Area Required 1000-2000 sq. ft.
    Total Franchise Units 350
    Franchise Fee Included in Infrastructure Investment
    Royalty Fee No Fee
    Profit Margin 18-20% of sales
    Apply for Franchise Click Here

    FirstCry, the leading kid and baby care retail giant in India, is the brainchild of Supam Maheshwari and Amitava Saha, who launched it in 2010. Their franchise business offers entrepreneurs a chance to tap into this booming market, with over 350 FirstCry franchise stores dotting over 125 Indian cities. This hybrid model, combining online and offline presence, coupled with their unique “FirstCry Box” program reaching new parents in hospitals, has solidified FirstCry’s position as the go-to destination for all things baby and kid in India.

    FirstCry franchise owners maintain a hefty profit margin on their products. FirstCry dispatches business officials to help franchise owners with marketing, brand promotion, and designing the overall store. The current trends show that FirstCry is one of the best and most profitable franchise businesses in India.

    VLCC

    Franchise Business VLCC
    Infrastructure Investment INR 65-70 Lac
    Area Required 1800-2200 sq. ft.
    Total Franchise Units 266
    Franchise Fee INR 15 Lac
    Royalty Fee 15%
    Profit Margin 20% of sales
    Apply for Franchise Click Here
    VLCC - Best Franchise in India
    VLCC – Best Franchise in India

    Founded by Vandana Luthra in 1989, VLCC has transformed from a single beauty center into the best franchise business in India and a wellness empire with over 330 outlets across 150 cities in 14 countries. This sprawling network, supported by over 3,000 skilled professionals, thrives on a franchisee model, empowering individuals to bring VLCC’s signature blend of skincare, beauty, and fitness services to their communities. With its dedication to scientific innovations and affordable solutions, VLCC continues to empower its franchisees and customers to embrace a more fulfilling, beautiful life.

    Kathi Junction

    Franchise Business Kathi Junction
    Infrastructure Investment INR 15-18 Lac
    Area Required Around 600 sq. ft.
    Total Franchise Units 165+
    Franchise Fee INR 3.5 Lac
    Royalty Fee 4%
    Profit Margin 20% of total sales
    Apply for Franchise Click Here

    Founded in 2009 by a passionate foodie, Kathi Junction has sizzled into becoming India’s largest Kathi roll and shawarma chain, with over 160 outlets across 22 states. This quick-service giant, also recognized as a small franchise business in India, built its empire on delectable “Kathi Rolls” – a delicious fusion of traditional recipes and modern twists.

    As a low-investment franchise model, Kathi Junction’s menu is packed with quick-to-serve products, which attracts most people to invest in this brand.

    Now, as there is a lot of industrialization happening in tier 2&3 cities, Kathi Junction types of quick service restaurants are in great demand, and hence they provide an ideal plot for investors to invest in their franchise business.

    Kidzee

    Franchise Business Kidzee
    Infrastructure Investment INR 12-15 Lac
    Area Required 2000-3000 sq. ft.
    Total Franchise Units Around 2000+
    Franchise Fee INR 2.5 Lac
    Royalty Fee 15%
    Profit Margin 20-25%
    Apply for Franchise Click Here
    Kidzee - Best Franchise in India
    Kidzee – Best Franchise Business Ideas in India

    Founded by a visionary educator in 2003, the Kidzee franchise in India has blossomed into the largest preschool chain in Asia, boasting over 1,900 vibrant centers in 750+ Indian and Nepalese cities. Its “Interactive ILLUME” pedagogy nurtures young minds, while its franchisee model empowering entrepreneurs nationwide has made quality early childhood education accessible to over 1.4 million children. Kidzee shines as a testament to both educational excellence and inclusive franchise success. It is one of the top franchise in India.

    Dr. Lal PathLabs

    Franchise Business Dr.Lal Path Labs
    Infrastructure Investment Starting from INR 2 Lac
    Area Required 3000-4000 sq. ft.
    Total Franchise Units 200+
    Franchise Fee INR 50 lac
    Royalty Fee 15%
    Profit Margin 20% ROI
    Apply for Franchise Click Here

    Lal PathLabs, a pioneer in India’s diagnostic scene, was founded in 1949 by Dr. S.K. Lal with a mission to provide accurate and timely test results. Today, it’s a sprawling network of 4500+ patient service centers and 10,000+ hospital and clinical partners, offering a comprehensive range of tests from blood and urine analysis to pathology and imaging. While Dr. Lal PathLabs primarily operates through its own centers, it also has a franchisee model, allowing entrepreneurs to leverage their brand and expertise. This hybrid approach has fueled their impressive growth and reach, making them a trusted healthcare partner for millions across India.

    Amul

    Franchise Business Amul
    Infrastructure Investment INR 2-6 Lac
    Area Required 100-150 sq. ft.
    Total Franchise Units
    Franchise Fee No Fee
    Royalty Fee No Fee
    Profit Margin 20%-50% gross profit margin
    Apply for Franchise Click Here
    Amul - Best Franchise in India
    Amul – Best Franchise Business Ideas in India

    Amul, a household name synonymous with dairy goodness, owes its origins to the cooperative spirit of Tribhuvandas Patel in 1946. While its iconic “Amul the Butter Girl” graces over 6,000 retail outlets and franchise businesses in India, its true reach extends far beyond. Through a vast network of 10,000+ village milk cooperatives, it empowers millions of farmers, and its franchisee model offers opportunities for budding entrepreneurs to run over 12,000 Amul Parlours, bringing its delectable dairy delights to every corner of the country. Having an Amul franchise is one of the best franchise opportunities in India.

    The primary selling point of an Amul franchise is that with an initial investment of INR 2–6 lakh, a person can buy the franchise, and on top of that, he doesn’t even need to pay royalties or a profit margin. This makes the Amul franchise one of the low-cost franchises of India.


    How to Start an Amul Franchise in India
    Learn how to start an Amul franchise in India, including the eligibility criteria, investment requirements, application process, and key benefits of partnering with one of India’s leading dairy brands.


    Delhivery

    Franchise Business Delhivery
    Infrastructure Investment INR 1-2 Lac
    Area Required 400-500 sq. ft.
    Total Franchise Units 200-500
    Franchise Fee Included in Infrastructure Investment
    Royalty Fee No Fee
    Profit Margin 10% ROI
    Apply for Franchise Click Here

    Founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati, Delhivery has grown into India’s largest eCommerce logistics player, boasting over 1800 retail partner outlets and handling 3 lakh+ shipments daily.

    Delhivery has two franchise models- the first is a delivery center and the other is a courier booking center. For a delivery center, one needs to invest 10-15 lakh rupees, and it also requires 300-400 sq/ft of land to carry out its business operation. Whereas, a courier booking center can be obtained by a marginal investment of INR 2-3 lakh, and its business operations can be conducted from a small working place of 70-80 sq/ft.

    La Pino’z Pizza

    Franchise Business La Pino’z Pizza
    Infrastructure Investment INR 50 Lakh – 1 Cr
    Area Required 250 – 1000 Sq.ft
    Total Franchise Units 500-1000
    Franchise Fee Included in Infrastructure Investment
    Royalty Fee 4%
    Profit Margin 70% ROI
    Apply for Franchise Click Here
    La Pino'z Pizza - Best Franchise in India
    La Pino’z Pizza – Best Franchise Business Ideas in India

    La Pino’z Pizza is a fast-growing pizza chain in India, founded by Sanam Kapoor in 2011 in Chandigarh. Known for its jumbo pizzas and wide variety, it now has over 600 outlets across India and is expanding internationally. The franchise model requires an investment of INR 30–INR 50 lakhs, including a franchise fee of INR 5–INR 7 lakhs. Store space of around 300–1000 sq. ft. is needed, and franchisees pay a royalty of about 6–8% on sales. ROI is expected in 18–24 months. It is also considered a small franchise business in India.

    Baskin Robbins

    Franchise Business Baskin Robbins
    Infrastructure Investment INR 50 Lakh – 1 Cr
    Area Required 250 – 1000 Sq.ft
    Total Franchise Units 800
    Franchise Fee INR 12-14 lakhs
    Royalty Fee 5% of sales
    Profit Margin
    Apply for Franchise Click Here

    Baskin-Robbins is a well-known global ice cream brand with a strong presence in India, especially in cities. Famous for offering 31 different flavors, it attracts customers with its variety and regularly changing menu. This keeps the brand fresh in people’s minds and popular with all age groups. Being a trusted international name gives franchise owners an edge with built-in brand value and customer trust. While ice cream sells more in warm months, Baskin-Robbins also offers other desserts and drinks, helping franchisees earn steady income throughout the year. It’s a smart and profitable business choice.

    Conclusion

    In conclusion, the franchise industry in India is booming, and there are numerous profitable franchise opportunities available for aspiring entrepreneurs. Franchise India offers a wide range of business opportunities for aspiring entrepreneurs looking to invest in a reliable and scalable model through franchise India platforms. However, before investing in any franchise, it is essential to conduct thorough research and due diligence to ensure that you make an informed decision. By selecting the right franchise and following a proven business model, you can enjoy financial stability and success in your entrepreneurial journey. So, if you have the passion and drive to succeed, start exploring the exciting world of franchising today!

    FAQs

    What is a franchise?

    A franchise is one such business which is authorized to allow others, known as “franchisors,” to distribute their products and services. Franchise businesses are generally larger businesses/companies empowering their franchisors with numerous business opportunities. In technical terms, the term ‘franchise’ means the contract that binds the franchisor and the franchisee.

    How much does a franchise cost in India?

    When it comes to setting up a franchise in India, one can look for a range between Rs. 1 lakh and 10 lakh, which he/she would need in order to set up a franchise. If you are wondering about low-cost franchises, then you can easily set them up by investing under Rs 2 lakhs. However, a majority of these franchises would be typically home-based. Some of them can be mobile but would be limited to small-scale operations.

    What is franchising?

    Franchising is the process of marketing and distribution of products and services for a brand/franchise. Franchising includes two levels of people:

    • A franchisor
    • A franchisee

    Which franchise is most profitable in India?

    There are numerous franchises in India and around the world that are quite profitable. However, profitability varies from time to time. In the current market scenario, the most profitable ones are:

    • Tumbledry
    • Subway
    • Giani’s
    • Jawed Habib Hair and Beauty Ltd.
    • InXpress
    • DTDC Courier And Cargo Ltd.
    • Lenskart
    • FabIndia
    • Pepperfry
    • Kake di Hatti
    • EuroKids
    • Affinity Salon
    • Dr. Lal Pathlabs
    • Amul

    Which franchise business can I start with INR 20 lakhs in India?

    Rs 20 lakhs can be a good amount of money to start a franchise business in India. There is a wide range of sectors that you can check for the same, including the trading sector, service sector, and more.

    Which are the profitable sectors for franchise business in India?

    Profitable sectors for franchise business in India are:

    • Retail
    • Food Service
    • Beauty & Wellness
    • Healthcare

    How is the growth of the franchise industry in India?

    The Franchise industry in India is valued at $47 billion. It is expected to reach 140 billion in 2027.

  • Marketplaces Leverage Data: Powering Own Brand Launches

    In today’s digital era, eCommerce marketplaces like Amazon and Flipkart are making use of valuable data to launch their own brands, products, and services to capture the continually evolving retail landscape in India.

    The marketplaces own big data from across regions, customers, and platforms and utilize these informative details to introduce their own brands, which are more user-friendly, budget-friendly, and rightfully address the demands of customers. These successful brands like Solimo, Amazon Essentials, and Flipkart Smartbuy are becoming pioneers in fulfilling the customer’s needs and desires in the revolutionizing retail landscape. 

    Amazon, the largest eCommerce platform globally, announced in February that it is preparing to launch a new online marketplace in India called ‘Bazaar’, featuring cost-effective, unbranded fashion and lifestyle items.

    This article delves into the opportunities and challenges inherent in this transformation and explores how eCommerce marketplaces as well as offline retailers are reshaping the dynamics of power within the retail sector.

    Before going to the pros and cons of news brands, let’s first understand what is leveraging data and why marketplaces are doing it.

    What is Data Leveraging?
    Why Marketplaces Are Leveraging Data?
    How Marketplaces Leverage Data to Develop New Brands
    What Opportunities Data Leveraging Offers to a New Product Launch
    What Are the Challenges Faced by Marketplaces for Owning/Launching a Brand
    Reshaping Retail’s Power Dynamics

    What is Data Leveraging?

    Data leveraging is like having a superpower for running a business. It means using the information one possesses, whether it’s about customers, products, or market trends, to make smarter decisions and unlock new opportunities. 

    With data leveraging, businesses can personalize experiences, optimize operations, and stay ahead of the curve in today’s fast-paced world. It’s the secret sauce that turns numbers into insights and helps businesses thrive in the digital age.

    Why Marketplaces Are Leveraging Data?

    By leveraging data, marketplaces, and retailers can create seamless omnichannel shopping experiences that cater to the demands of modern consumers, millennials, and Gen Z

    By analyzing data points and collecting user information, big businesses can make solid business strategies that will help in reaching new users, continuing with old customers, addressing product gaps, meeting the growing demands, and presenting the best product with minimum cost and big savings. 

    These marketplaces can also make data-driven decisions based on real-time information, act on the insights, and derive new ways to measure performance, set strategic goals, and guide improvement in their product experience and marketing strategy.


    Leveraging Data to Increase Revenue: The Power of Insights
    Discover how harnessing data can increase revenue. Explore strategies and real-life examples of businesses that have achieved remarkable success.


    How Marketplaces Leverage Data to Develop New Brands

    Marketplaces like Amazon India, Flipkart, Myntra, and Pepperfry leverage data in several ways to enhance their operations, improve customer experiences, and drive their business intelligence and growth. 

    In April 2023, Amazon emerged as the predominant online marketplace globally, with an average of approximately 4.8 billion visits that month. 

    Following closely behind was eBay, the second most-visited shopping site, which recorded around 1.2 billion visits. 

    Notably, both Amazon and eBay also held the top positions as the world’s leading online retailers in terms of mobile web traffic.

    Personalized Recommendation: They use data to give personalized product recommendations thereby enhancing the online shopping experience and increasing the likelihood of conversions and repeat purchases.
    For example, Flipkart’s private label, ‘Flipkart SmartBuy,’ offers a range of products designed specifically for the Indian consumer, including electronics, home appliances, and personal care items.

    Dynamic Pricing: They utilize data analytics to come up with products that are priced dynamically based on factors such as demand, competitor pricing, and customer behavior, optimizing revenue while remaining competitive.
    For example, Amazon India’s private label, ‘AmazonBasics,’ offers a wide range of affordable and reliable electronic accessories, catering to the needs of budget-conscious Indian consumers.

    Inventory Management: The data helps in understanding the appetite of the market. Marketplaces predict demand, manage inventory efficiently, and minimize costs while ensuring sufficient stock levels to meet customer’s demands.

    Seller Performance Management: Market platforms evaluate seller performances using data on product quality, fulfillment speed, and customer feedback. This data helps in providing them incentives for their self-made product and maintaining quality.

    Fraud Detection and Prevention: Big marketplaces like Amazon and Flipkart employ data analytics to identify and prevent fraudulent activities on the platform, thereby safeguarding themselves and ensuring trust and security for users.

    Supply Chain Optimization: Data analytics enable marketplaces to optimize supply chain operations, including demand forecasting, transportation route optimization, and inventory management, resulting in improved efficiency and reduced costs for their items.

    Customer Service Improvement: By analyzing customer feedback forms and service interactions, marketplaces identify areas that need improvement and enhance their overall customer service experience for their own items, thereby increasing customer satisfaction and loyalty.

    Market Insights and Trends: Leveraging data insights into market trends, competitor activities, and consumer preferences, marketplaces make strategic decisions regarding product offerings, marketing campaigns, and market expansion in the Indian retail segment.

    Here is a list of marketplaces that are active in India right now:

    These are some of the top online marketplaces in India, where you can sell your items and services and reach millions of customers by a click of a few buttons or by going personally to their big stores.

    Here Are a Few Examples of Marketplaces Launching Their Brands

    • Reliance Retail and Trent Ltd: They are actively targeting the emerging Gen Z consumer group through brands like Yousta, Foundry, and Zudio, catering to their preferences and lifestyles.
    • Nykaa: Known for its clean beauty and athleisure brands, Nykaa taps into popular market segments with offerings that resonate with its audience. Kay Beauty by Katrina Kaif is a notable example, focusing on inclusive makeup suitable for various skin tones.
    • Myntra and Amazon India: Collaborating with celebrities like Hrithik Roshan and Katrina Kaif, Myntra’s House of Pataudi and HRX, and Nykaa’s Kay Beauty co-launched with Katrina Kaif, contribute to branding and appeal to a wider audience.
    • Amazon India: With over 100 own-brands worldwide, Amazon has introduced India-specific brands like Tavasya and Anarva in addition to global offerings. While only 1 percent of Amazon.com’s sales come from private label brands, products like Amazon Essentials enjoy high conversion rates among browsing customers.

    What Opportunities Does Data Leveraging Offers to a New Product Launch

    Enhanced Customer Insights: Marketplaces have access to vast pools of customer data, enabling them to gain deep insights into consumer preferences, behaviors, and trends.

    Tailored Product Development: Armed with comprehensive data analytics, marketplaces can develop own-brand products tailored to meet specific customer demands and preferences.

    Competitive Advantage: By leveraging data-driven insights, marketplaces can create unique, high-quality products that stand out in the market, gaining a competitive edge over traditional retailers.

    In India, with over 600 million internet users and 185 million online shoppers, it ranks third globally in digital shopping, after the United States and China.
    This has led to a surge in Direct-to-Consumer (D2C) brands, which sell directly to consumers online, bypassing traditional distribution networks. The country currently hosts over 600 D2C brands, with the market projected to exceed USD 66 billion in 2023, as per Statista.

    Streamlined Operations: Data analytics facilitate efficient inventory management, pricing strategies, and supply chain optimization, leading to improved operational efficiency.

    Revenue Growth: Successful own-brand launches can drive incremental revenue streams for marketplaces, diversifying their revenue sources and bolstering profitability.

    Market Size of E-commerce Industry Across India From 2014 to 2018, With Forecasts Until 2030
    Market Size of E-commerce Industry Across India From 2014 to 2018, With Forecasts Until 2030

    What Are the Challenges Faced by Marketplaces for Owning/Launching a Brand

    • Data Privacy Concerns: The collection and utilization of customer data raise significant privacy concerns, necessitating robust data protection measures and compliance with regulations.
    • Brand Reputation Risks: Poorly executed own-brand products can damage the reputation of marketplaces, leading to loss of customer trust and loyalty.
    • Competition from Traditional Brands: Established brands may view marketplace-owned brands as direct competitors, leading to potential conflicts and market saturation.

    In India, the direct-to-consumer (D2C) market is poised for remarkable growth, projected to expand over 15 times from 2015 to 2025. In 2020, the D2C market was valued at USD 33.1 billion. 
    By 2025, it is expected to nearly triple in size, reaching USD 100 billion, with fashion and accessories emerging as one of the leading segments in India’s D2C landscape.

    • Quality Assurance: Maintaining consistent quality standards across a diverse range of own-brand products poses a challenge for marketplaces, requiring stringent quality control measures.
    • Balancing Transparency and Customization: Marketplaces must strike a balance between leveraging customer data for personalized experiences while ensuring transparency and ethical data practices.

    Reshaping Retail’s Power Dynamics

    Marketplace-owned brands are exerting a profound influence on retail’s power dynamics:

    • Disintermediation: Marketplaces are increasingly bypassing traditional manufacturers and retailers, and exerting greater control over the value chain.
    • Shift in Market Share: Own-brand products are capturing a larger share of the market, challenging the dominance of traditional products, brands, and retailers.
    • Data Monetization: Marketplaces are leveraging customer data not only to optimize own-brand offerings but also to generate additional revenue streams through targeted advertising and partnerships.
    • Democratization of Retail: The proliferation of own-brand products democratizes access to retail, allowing smaller sellers and entrepreneurs to compete on a level playing field.
    • Consumer Empowerment: With a plethora of choices and personalized experiences, consumers are empowered to make more informed purchasing decisions, driving market dynamics.

    Conclusion

    Data leveraging offers valuable opportunities to inform and optimize every stage of the new product launch process, from market research and development to marketing, sales, and ongoing performance monitoring. 

    The data-driven evolution of Indian marketplaces represents a revolution in the retail sector, offering unprecedented opportunities for innovation, research, and growth. By harnessing the power of data analytics, Indian marketplaces can differentiate themselves, reshape retail dynamics, and deliver unparalleled value to Indian consumers.

    As the Indian eCommerce market continues to evolve, the role of data-driven own-brands will only become more prominent, driving India’s retail sector into a new era of prosperity and innovation.

    By harnessing the power of data, businesses can increase the chances of a successful product launch and drive sustainable growth in the market, ultimately driving value for customers and stakeholders in a broader aspect.

    FAQs

    What is data leveraging, and why are e-commerce marketplaces utilizing it?

    Data leveraging involves using available information, such as customer data, product insights, and market trends, to make informed business decisions and unlock new opportunities. E-commerce marketplaces utilize data to personalize experiences, optimize operations, and stay ahead of competitors in the digital age.

    How do e-commerce marketplaces like Amazon and Flipkart leverage data to introduce their own brands?

    Marketplaces analyze customer data to create personalized recommendations, dynamically price products, optimize inventory management, and develop their own-brand products tailored to meet specific customer demands and preferences.

    What are the benefits of data leveraging for launching new product brands?

    Data leveraging enables marketplaces to gain deep insights into consumer preferences, behaviors, and trends, facilitating tailored product development, streamlined operations, and revenue growth through successful own-brand launches.

    What are some challenges faced by marketplaces in owning and launching their own brands?

    Challenges include privacy concerns related to data collection and utilization, risks to brand reputation from poorly executed own-brand products, competition from traditional brands, and maintaining consistent quality standards across a diverse range of products.

    How are marketplaces reshaping retail’s power dynamics through own-brand products?

    Marketplaces are bypassing traditional manufacturers and retailers, exerting greater control over the value chain, and capturing a larger share of the market. This democratization of retail empowers consumers with choices and personalized experiences, driving market dynamics and innovation.

    What opportunities does data leveraging offer for new product launches in the Indian market?

    Data leveraging offers opportunities for enhanced customer insights, tailored product development, competitive advantage, streamlined operations, and revenue growth in the rapidly evolving Indian eCommerce market.

    Which eCommerce marketplaces in India are actively launching their own brands?

    Marketplaces like Amazon India, Flipkart, Myntra, and Nykaa are actively launching their own brands, tapping into consumer preferences and market segments with offerings that resonate with their audiences.

    What role does data analytics play in ensuring the success of marketplace-owned brands?

    Data analytics enable marketplaces to optimize operations, enhance customer experiences, maintain quality standards, and make data-driven decisions throughout the product lifecycle, from development and marketing to sales and performance monitoring.

    How do marketplace-owned brands contribute to the overall growth and innovation in the Indian retail sector?

    Marketplace-owned brands drive growth and innovation by offering unique, high-quality products that stand out in the market, democratizing access to retail, and empowering consumers with choices and personalized experiences.

  • Top 12 B2C Ecommerce Websites Dominating the Indian Market

    ‌‌From Amazon to Pepperfry, the eCommerce industry thrives in India, especially in B2C eCommerce companies. In fact, India is ranked first in the fastest-growing eCommerce market globally, with an estimated market value of $16.6 trillion by 2022.

    B2C means business-to-consumer, which refers to the business model where the companies directly sell their products to consumers. The market offering B2C services has gained speed in recent years. According to the report by Grand View Research, the B2C eCommerce industry is set to reach a valuation of $7.65 trillion by the year 2028.

    This brings us to the article’s primary content, top B2C eCommerce companies across India. So, let’s get started.

    List of top B2C eCommerce companies in India

    Amazon
    Flipkart
    FirstCry
    Paytm Mall
    Snapdeal
    Myntra
    1mg
    LimeRoad
    Shopclues
    Pepperfry
    BookMyShow
    Nykaa

    Amazon

    Founded 2013
    Founders Jeff Bezos
    Headquarters Seattle, Washington (USA)
    Category Ecommerce
    Website amazon.in

    Amazon Website
    Amazon Website

    When it comes to B2C eCommerce websites, Amazon tops the list. The company was initially started in the United States as an online bookstore and was later converted into a marketplace for other products. Initially, it was created as a platform where customers could purchase books on a wide range of subjects.

    With time, Amazon grew into an eCommerce site with monthly visitors of over 322.54 million, as per the 2010 data. And it became widely popular in the Indian eCommerce industry. Today, the company reached out to a total of 89 percent of the Indian audience.

    Flipkart

    Founded 2007
    Founders Sachin Bansal, Binny Bansal
    Headquarters Bengaluru, India
    Category Ecommerce
    Website flipkart.com

    Flipkart Website
    Flipkart Website

    Founded by two former Amazon employees, Binny Bansal, and Sachin Bansal, in 2007, Flipkart is a well-known privately hosted eCommerce website in India. After its highest acquisition of 16 billion in 2018 by Walmart, Flipkart now comes under the ownership of Walmart. The company owns 39.5 percent of the market share of the Indian eCommerce industry, with the most significant competition from none other than Amazon.

    Flipkart gained massive popularity due to its Big Billion Days Sale, where it reached a large audience base by offering huge discounts on its merchandise of all categories. With a solid online presence, Flipkart is considered one of the best eCommerce websites following the B2C business model.

    FirstCry

    Founded 2010
    Founders Amitava Saha and Supam Maheshwari
    Headquarters Pune, India
    Category Online Baby Products
    Website firstcry.com

    FirstCry Website
    FirstCry Website

    FirstCry is considered the best eCommerce platform for babies and children’s merchandise, following a B2C business model. The product quality and variety offered by FirstCry are excellent and worth all the praise. It provides more than 200,000 products from over 5,000 manufacturers. FirstCry was introduced in 2010 by Amitava Saha and Supam Maheshwari.

    In addition to its eCommerce platform, Firstcry also operates physical stores across the country, which allows customers to experience its products before making a purchase.

    The website has also launched its own private-label brands to offer quality products at affordable prices. FirstCry has over 400 outlets across India, covering cities like Hyderabad, Bangalore, Mumbai, Chennai, Kolkata, and many more.

    Paytm Mall

    Founded 2016
    Founders Vijay Shekhar Sharma
    Headquarters Bengaluru, India
    Category Ecommerce
    Website paytmmall.com

    Paytm Mall Website
    Paytm Mall Website

    Yes, you heard it right. Paytm isn’t limited to digital payments and financial services; it has also expanded to eCommerce. In 2016, Paytm introduced an online shopping platform based on the B2C business model, Paytm Mall.

    From all kinds of clothing to exclusive gadgets to home furnishing, you can find everything at Paytm Mall. As per the reports published by findly, Paytm Mall is estimated to receive 60 million orders in a month.

    Paytm Mall offers high-quality products at affordable pricing. Plus, you can use different coupons for discounts and cashback offered by Paytm Mall.

    Snapdeal

    Founded 2010
    Founders Kunal Bahl, Rohit Bansal
    Headquarters Gurgaon, India
    Category Ecommerce
    Website snapdeal.com

    Snapdeal Website
    Snapdeal Website

    With an estimated monthly visitor count of 56.41 million, Snapdeal is considered an eCommerce giant with a B2C business model. It’s an online shopping platform with various products from different categories such as electronics, clothing, home decor, books, beauty, and many more. Among these, Snapdeal’s electronic category is the largest shopped one.

    This eCommerce platform was launched in 2010 and has attracted top investors such as Softbank, Alibaba Group, and Foxconn.

    Myntra

    Founded 2007
    Founders Mukesh Bansal, Ashutosh Lawania, Vineet Saxena, Sankar Bora, and Raveen Sastry
    Headquarters Bengaluru India
    Category Ecommerce
    Website myntra.com

    Myntra Website
    Myntra Website

    Myntra is among the premier fashion, lifestyle, and home eCommerce platforms with a B2C business model. It has around 48.03 million monthly visitors. It earned impressive profit and popularity after the acquisition of Jabong.com, its competitor in the market.

    Myntra is known for its fantastic collection of high-end fashion from top brands all around the globe and as per 2012 data, Myntra added more than 350 Indian and Foreign brands to its manufacturer’s list. Plus, it has many private clothing labels, such as HRX and Moda Rapido, which are exempted from expansion vastly.

    The website is also a fashion retailer with a wide range of products from international to local brands in all sections.

    Estimated Retail Ecommerce Sales in India in Million US Dollars from 2016-2022
    Estimated Retail Ecommerce Sales in India in Million US Dollars from 2016-2022

    1mg

    Founded 2013
    Founders Prashant Tandon, Gaurav Agarwal, Vikas Chauhan
    Headquarters Gurugram, India
    Category Healthcare
    Website 1mg.com

    1mg Website
    1mg Website

    1mg is categorized as an Indian online pharmacy founded in 2015 by Prashant Tandon, Gaurav Agarwal, and Vikas Chauhan. 1mg offers a wide range of healthcare products including medicines, healthcare devices, health supplements, personal care products, and more. The website features products from over 3,000 brands and has over 2 lakh products available on its platform.

    1mg also provides features such as online medicine ordering, diagnostic tests booking, and wellness package booking to provide a comprehensive healthcare experience to its customers. In addition to healthcare products and services, 1mg also provides health-related content through its blog and social media channels.

    LimeRoad

    Founded 2012
    Founders Prashant Malik, Manish Saksena, Ankush Mehra, and Suchi Mukherjee
    Headquarters Gurugram, India
    Category Fashion Ecommerce
    Website limeroad.com

    Limeroad Website
    LimeRoad Website

    Headquartered in Gurugram, LimeRoad is a pretty famous fashion and clothing eCommerce website following B2C business models. The company was founded in 2012 with the specification of online shopping. It was founded by Prashant Malik, Manish Saksena, Ankush Mehra, and Suchi Mukherjee.

    In its initial three funding rounds, the company raised 50 million USD. LimeRoad is the first-ever women’s social shopping platform in India. It also offers a wide range of categories dealing with men, women, and kids.  

    Shopclues

    Founded 2011
    Founders Sandeep Aggarwal, Radhika Aggarwal and Sanjay Sethi
    Headquarters Gurugram, India
    Category Online Shopping
    Website shopclues.com

    Shopclues Website
    Shopclues Website

    Shopclues is another online shopping company based in Gurugram, Haryana, India, founded by Radhika Aggarwal, Sandeep Aggarwal, and Sanjay Sethi in 2011. With revenue of above $40 million and 1080+ employees, the company has established a strong image in the marketplace. It’s a privately owned company that specializes in online shopping.

    ShopClues operates on a marketplace model where it connects buyers and sellers on its platform. The website has over 5 crore products from 9 lakh+ merchants across 3,300+ categories. Apart from the regular products, ShopClues also offers several exclusive features like Sunday Flea Market, Wholesale, and IndiMarket which showcase products from small and medium-sized businesses in India.

    Pepperfry

    Founded 2011
    Founders Ambareesh Murty & Ashish Shah
    Headquarters Mumbai, India
    Category Home Decor and Furniture
    Website pepperfry.com

    Pepperfry Website
    Pepperfry Website

    Pepperfry is a popular eCommerce B2C website in India that primarily focuses on home decor and furniture. The website was launched in 2012 by Ashish Shah and Ambreesh Murthy. Pepperfry has become one of the leading online shopping destinations for furniture and home decor in India.

    They offer products from over 10,000 sellers and has over 1.2 lakh products available on its platform. It also has more than 100 outlets across 57 cities in India. The website also has a feature called “Studio Pepperfry” which is a concept store where customers can get a hands-on experience with the products before making a purchase.

    BookMyShow

    Founded 2007
    Founders Ashish Hemrajani, Parikshit Dar, and Rajesh Balpande
    Headquarters Mumbai, India
    Category Online Ticket Booking
    Website bookmyshow.com

    BookMyShow Website
    BookMyShow Website

    BookMyShow is a popular eCommerce B2C (business-to-consumer) website in India that primarily focuses on providing online ticket booking services for movies, events, and other entertainment activities. The website was launched in 2007 by Ashish Hemrajani, Parikshit Dar, and Rajesh Balpande.

    BookMyShow offers a range of services including movie ticket booking, event ticket booking, sports event ticket booking, play and theater ticket booking, and more. The BookMyShow website features listings of events, movies, and activities happening in various cities across India. They also provide reviews and ratings of movies, events, and activities to help customers make informed decisions.

    Nykaa

    Founded 2012
    Founders Falguni Nayar
    Headquarters Mumbai, India
    Category Cosmetics, Beauty, Personal Care
    Website nykaa.com

    Nykaa Website
    Nykaa Website

    Nykaa is a popular eCommerce B2C website in India that primarily provides beauty and wellness products to its customers. It was launched in 2012 by Falguni Nayar. Nykaa offers a wide range of beauty and wellness products including makeup, skincare, hair care, personal care, fragrance, wellness, and more.

    The website features products from over 1,500 brands and has over 2 lakh products available on its platform. It also provides content related to beauty and wellness through its blog and social media channels.


    Women-Led Indian Startups That Turned Unicorns
    Women are emerging in Entrepreneurship. There are many startups led by women that turned into unicorns. Here is the list of Women-Led Unicorns.


    Conclusion

    In conclusion, with the massive adaptation of machine learning, consumers are getting more personalized services from B2C eCommerce companies. The best thing about B2C websites is the level of convenience and security they provide consumers.

    It shows products based on the previous purchasing history of the users to fulfill their unique needs. These above-mentioned B2C eCommerce websites are truly extraordinary with their services and products. And because of this only, the competition within the eCommerce industry is relatively high, which is also the reason for its growth.

    FAQs

    Which is India’s number 1 eCommerce company?

    Flipkart is considered India’s number 1 eCommerce company with 39.5% of the market share from the Indian eCommerce industry.

    Is Zomato a B2C?

    Yes, Zomato is a B2C company.

    Who is the father of eCommerce in India?

    K Vaitheeswaran is considered the father of eCommerce in India.

    What are B2C website examples?

    Some of the B2C website examples are Amazon, Flipkart, Myntra, LimeRoad, Pepperfry, Shopclues, 1mg, Snapdeal, Paytm Mall, Firstcry, etc.

  • Business Model of Pepperfry | How does Pepperfry make Money?

    Launched in 2013, Pepperfry has more than 60 lakh registered users and 1 million+ home products. Pepperfry has changed the way of buying furniture. Indians loved the idea of buying furniture from the comfort of their homes and that is why the company has 7 million+ visits on the website.

    Today, if I ask you to buy furniture online, Pepperfry would automatically pop up in your mind. The company have grown rapidly over these years. The company delivers its products in more than 500 cities in India. But, how did the company become so successful? To answer this we need to understand their business model.

    About Pepperfry
    Target Audience of Pepperfry
    Business Model of Pepperfry
    What is Unique about Pepperfry’s Business Model
    How Does Pepperfry Make Money?
    FAQ

    About Pepperfry

    Pepperfry is an online marketplace headquartered in Mumbai that deals in furniture and home décor like furnishings, lighting, beds, tables, chairs, cabinets, kitchen appliances, bathing equipment, mattress, and so on.

    The founders of Pepperfry are Ambreesh Murthy and Ashish Shah. The tagline of Pepperfry is ‘Happy Furniture to You’.

    The company has launched 100+ studios across 57 cities in India  In these studios, a wide range of furniture is displayed so people can come and physically see all the furniture. In 2018 Pepperfry tied up with Quikr for a furniture exchange program.

    Pepperfry also launched a furniture rental service in September 2018. People can rent furniture and can use it for a period of 6, 9, or 12 months.

    Target Audience of Pepperfry

    The target audience of Pepperfry is people between the age group of 35-45. The company is also targeting people who are in their mid-20s to early 30s.


    What is Buy Now Pay Later Business Model and Why e-commerce companies are adopting this model
    As the Buy Now, Pay Later is growing and many companies adopting it. Let’s understand its business model and How Buy Now, Pay Later companies make money.


    Business Model of Pepperfry

    Pepperfry follows the omnichannel strategy where they allow their customers to order products anytime, anywhere from any device. The company employs the managed marketplace business model.

    They have connected with small and medium-sized business merchants and artisans. These merchants can sell their products through Pepperfry.

    The category team meets the sellers to check the quality of products and once approved they take some products from them. These products are sent to the studios for photoshoots.

    The photos of the products are then placed on their website. When a product is ordered from the website, it is brought from the sellers and delivered to Pepperfry’s warehouse.

    What is Unique about Pepperfry’s Business Model

    1) Pepperfry Studios and Franchise Model:

    Pepperfry Studio
    Pepperfry Studios

    In India, people have a habit of checking products and services physically. To gain the trust of the people the company launched Pepperfry studios where people can explore all the types of furniture in offline mode. People cannot buy furniture from these studios. Although these stores help consumers make big purchases online.

    The interior design professionals that are working in these studios provide free consultations to customers for their home interior needs. About 25% of the business is generated from these studios.

    The company has also started a franchise program where small entrepreneurs can own a franchise with Pepperfry and run a profitable business.

    The franchise-owned studios work on a 100% price parity and do not require the partner to hold product inventory.

    “Omnichannel has always been an integral part of our growth strategy and our existing franchise program has helped us expand our offline footprint by creating several touchpoints across major metros and Tier 2 cities.” added Ashish Shah.

    2) Powerful Marketing:

    Pepperfry has collaborated with many Influencers and YouTubers. As we all know YouTubers and Influencers have many followers. This helped in brand awareness and people started to buy products from Pepperfry.

    During the initial days of Pepperfry, their ad campaigns were focused on getting the audience’s trust. Later on, their ad campaigns shifted to providing specific benefits like looks and design of products.

    High-quality images are placed on the website to attract people. The company found out that 65% of the customers are women.

    So, to attract them Pepperfry’s team created powerful campaigns that resonated with their target audience. They also provided various discounts which led to an increase in sales.


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    Bewakoof is a lifestyle fashion brand and also the favorite clothing brand of many millennials. Let’s understand how does Bewakoof makes money.


    How Does Pepperfry Make Money?

    The revenue model of Pepperfry is straightforward. They earn money by selling products. About 80-85% of Pepperfry’s Revenue is generated by selling furniture in the solid wood furniture category. They have a revenue of Rs 500 crore per annum.

    The main reason for high revenue according to Ambreesh Murthy is that the gross margin is as high as 45% while the contribution margin is only 25%. Also, after deducting various costs such as direct cost, logistics, and discounts Pepperfry claims that they earn a contribution margin of 25% – about Rs 2,025.

    ”Also, the cost of customer acquisition is very low. In fact, we have a high rate of repeat purchases. This has been possible as we sell a range of ancillary products including mattresses, bedsheets, pillows, etc. While a customer may buy a bed once in three years, she does return to the website to purchase related products at least three times a year,” Ambreesh Murthy explained.

    Conclusion:

    Pepperfry is an inspiration for many startups. Their business and revenue model are simple yet effective. They understood what Indians wanted and designed their business model accordingly. Customer satisfaction is the most important aspect of their success.

    FAQ

    Is Pepperfry an Indian Company?

    Yes, Pepperfry is an Indian Company started by Ambreesh Murthy and Ashish Shah in 2013.

    What is Pepperfry Studios?

    In these studios, people can come and see all the furniture. The furniture is not for sale but people can check the product quality and design. Once they are satisfied they can order the furniture online.

    What is Pepperfry?

    Pepperfry is an online marketplace headquartered in Mumbai that deals in furniture and home décor.

    What is the revenue model of Pepperfry?

    The revenue model of Pepperfry is straightforward. They earn money by selling furniture products. About 80-85% of Pepperfry’s revenue is generated by selling furniture in the solid wood furniture category.

    How many products does Pepperfry have?

    Pepperfry has 1 million+ home products ranging from beds, tables, chairs, cabinets, kitchen appliances, bathing equipment, mattress, furnishings, lighting, and so on.

  • Mumbai Based Startups | Entrepreneurs & Startups in Mumbai [Exhaustive List 2021]

    Mumbai is the financial hub of India and among the wealthiest city globally. Headquarters of most financial institutions like the Bombay Stock Exchange, RBI, National Stock Exchange, and the Mint are located in Mumbai. Even the HQs the giant business groups like Tata Group, Aditya Birla Group, Essel Group, and Reliance Industries are situated in this city. It has also become the startup hub of India and has given rise to numerous startups recently. Here we have listed down a few successful startups in Mumbai.

    Also, read – If you are looking for a list of startups in Mumbai here is our exhaustive list of all recently funded startups in Mumbai and other cities.

    We have also covered startups from Pune, Nagpur, and other major cities of India.

    List of Startups in Mumbai

    1. BOOKMYSHOW
    2. Ola
    3. Cleartrip
    4. Jio Saavn
    5. Chillr
    6. PepperFry
    7. Toppr
    8. Nykaa
    9. Faasos
    10. GrabHouse
    11. HOUSING
    12. Weddingz
    13. ImpactGuru
    14. Guiddoo
    15. BAJAAO
    16. Ithaka
    17. PaisaDukan
    18. Heckyl Technologies
    19. Fruzzante
    20. Tsara
    21. SpiceTree Design Agency
    22. TAC Security
    23. Monk Entertainment

    FAQs

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    Mumbai Based Startups

    List of Startups in Mumbai

    BOOKMYSHOW

    Founders: Ashish Hemrajani, Parikshit Dar & Rajesh Balpande
    Year Founded: 1999
    Industry: Ticket Booking
    Funding: $224.5 Million

    mumbai based startups
    Bookmyshow Logo | Startups in Mumbai

    BookMyShow is India’s largest online entertainment ticket booking brand. People can easily buy movie and shows’ tickets on their website. BookMyShow has also helped less popular theatres and their artists to gain an audience. The company provides ticket management software to cinemas. Along with that, the company promotes movies and shows on their website which generate good revenue for them.

    BookMyShow was founded by Ashish Hemrajani, Parikshit Dar, and Rajesh Balpande. In 1999, they began from a small room in Mumbai and now have spread themselves globally. BookMyShow acquired 7 startups including MastiTickets, Townscript, Burrp, and Nfusion.

    OLA

    Founders: Bhavish Agarwal & Ankit Bhatia
    Year Founded: 2010
    Industry: Taxi Aggregator
    Funding: $4.3 Billion

    mumbai based startups
    Ola Logo | Mumbai Startups

    Ola is a taxi aggregator and bridges the gap between cab owners and commuters. Ola doesn’t own any cars but partners with a number of taxi drivers and owners. The company also owns the food startup “Foodpanda”. Owned by ANI Technologies Pvt. Ltd, Ola was started in Mumbai, it is now headquartered in Bangalore. Ola has continuously been expanding its range of services. Ola has its own e-wallet called Olamoney which makes it convenient for riders to pay for the rides.

    The startup was founded by Bhavish Agarwal and Ankit Bhatia in 2010. You can read our Ola Startup Story to know more about the startup.

    Cleartrip

    Founders: Stuart Crighton, Hrush Bhatt & Matthew Spacie
    Year Founded: 2006
    Industry: Travel booking
    Funding: $56.4 Million

    mumbai startup companies
    Cleartrip logo | Startups in Mumbai

    Cleartrip is an online travel booking company. It lets travelers book anything from flights to hotels. The startup started in Mumbai but now has offices in Bangalore, Gurgaon, and Dubai too. Along with B2C services, Cleartrip provides B2B services like “Cleartrip for Business”. A corporate travel management tool. AgentBox is another B2B tool for travel agents.

    Cleartrip was founded by Stuart Crighton, Matthew Spacie, and Hrush Bhatt in 2006. It has raised a total of $56.4 million of funding from Concur Technologies Inc., DAG Ventures, and Gund Investment Corporation.


    Transport Business Ideas That Can Make You A Successful Entrepreneur
    The transport industry is always booming. It is one of the oldest business industries in the world. Here are some profitable transport business ideas.


    Jio Saavn

    Founders: Rishi Malhotra, Vinodh Bhat, & Paramdeep Singh
    Year Founded: 2007
    Industry: Music Streaming
    Funding: $131.6 Million

    Mumbai Startups
    JioSaavn logo | Mumbai Startups

    Saavn is a music streaming freemium service which offers songs in Hindi, English, and other regional languages. It works on the freemium model. With the free version, there are ads and some limitations whereas, in the paid version, there will be better streaming quality and many other features. The company has the rights to over 50 million songs. Later, saavn was acquired by Jio for more than $1 billion and it became JioSaavn.

    The startup was founded by Rishi Malhotra, Vinodh Bhat, and Paramdeep Singh in 2006 as “BODVOD Network”. Before it was acquired, Saavn had raised funding of a total of $110 million.


    How Gaana.com Became India’s Top Music Streaming Service
    With the increasing subscribers and users of top music streaming platforms, there is one app that has taken over all others in the Indian music streaming market which is Gaana.


    Chillr

    Founders: Mohamed Galib, Sony Joy, Lishoy Bhaskaran & Anoop Sankar
    Year Founded: 2013
    Industry: Fintech
    Funding: $7.5 million

    Mumbai Startups
    Chillr | Mumbai Startups

    Chillr allows instant money transactions directly through the individual’s bank account through the app itself. However, after the launch of the UPI system, Chillr is has nothing new to offer. But as Chillr was already running a kind of “UPI” system from 2013, they have a lot of Banks as their partners.

    Its a brand run and owned by Backwater Technologies Pvt Ltd. Mohamed Galib, Sony Joy, Lishoy Bhaskaran, and Anoop Sankar together started Chillr in 2014.


    The Boom of FinTech Industries in India – A Statistical Data Analysis
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    PepperFry

    Founders: Ashish Shah
    Year Founded: 2011
    Industry: Furniture
    Funding: $245.3 Million

    Pepperfry | Startups in Mumbai

    Pepperfry was founded with an idea to make furniture shopping online convenient for married couples who aim to start their life afresh with a new home. The company sells sells home décor and furniture. Launched in 2011, Pepperfry is facing tough competition from FabFurnish and Urbanladder.

    Ashish Shah, founder, and CEO of PepperFry is a graduate of Pune University. He later did a diploma course in Ghaziabad and has 15 years of work experience in the market.

    Toppr

    Founders: Hemanth Goteti and Zishaan Hayath
    Year Founded: 2013
    Industry: E-Learning
    Funding: $112.1 Million

    list of entrepreneurs in mumbai
    Topper logo | Mumbai Startups

    Toppr is an e-learning app trying to make studies fun with its interactive content. It provides study material to students from class 5th to 12th standard and also for students appearing for entrance examinations and scholarship exams.

    The ed-tech startup was founded by Hemanth Goteti and Zishaan Hayath, graduates from IIT Bombay. Toppr has raised a total of $65.1 million of funding mainly from Milestone Trustee Services and Alteria Capital.

    Nykaa

    Founder: Falguni Nayar
    Year Founded: 2012
    Industry: Beauty Products
    Funding: $341.9 Million

    list of entrepreneurs in mumbai
    Nykaa Logo | Mumbai Startups

    Nykaa is one of the top from the list of entrepreneurs in Mumbai. It is an e-commerce website that offers beauty and wellness products from all the leading brands such as Lakmé, Kaya Skin Clinic, L’Oréal Paris, M.A.C, Bobbi Brown, Clinique, Estee Lauder, and many more. Nykaa follows inventory–led model. It has inventory spaces in Delhi, Mumbai, and Bengaluru.

    Falguni Nayar who founded Nykaa in 2012, is a former managing director of Kotak Mahindra Capital Company. Nykaa has 35 stores. Nykaa launched its collection of in-house beauty products in 2017.


    Nykaa – Learn to Market With The Help of Influencers
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    Faasos

    Founders: Jaydeep Barman and Kallol Banerjee
    Year Founded: 2011
    Industry: Food Delivery

    Faasos | Startups in Mumbai
    Faasos | Startups in Mumbai

    Faasos is a “food on demand” service. You can order the delicacies of your choice through its app or website. Faasos operates in more than 15 cities of India and 200+ locations. The company promises to provide a refund of up to INR 200 in case of late delivery. It shows how committed Faasos is towards giving customers the best service.

    Faasos was founded by Jaydeep Barman and Kallol Banerjee in 2011. This Mumbai-based startup has raised $60 million in funding. Faasos is rapidly growing in India with the help of social media influencers.

    GrabHouse

    Founders: Prateek Shukla & Pankhuri Shrivastava
    Year Founded: 2013
    Industry: Real Estate
    Funding: $13 Million

    Mumbai Startup
    GrabHouse Logo | Mumbai Startups

    With growing economic opportunities, people are moving from small towns and districts to big cities. For this, people require accommodation. GrabHouse helps people rent an apartment, find a PG, and a house where they can stay while working or studying in the city. What was unique in GrabHouse was that they provided fully furnished sharing or private homes with only 2 months security deposit. This is what attracted everyone towards the company.

    The startup was founded by Prateek Shukla and Pankhuri Shrivastava in 2013. In 2016, Quikr acquired GrabHouse for $10 million and rebranded it as QuikrHome. Now, the website of GrabHouse redirects users to Quikr’s website.

    HOUSING

    Founders: Rahul Yadav + 11
    Year Founded: 2012
    Industry: Real Estate
    Funding: $147.8 Million

    Mumbai Startup
    Housing.com Logo | Startups in Mumbai

    Housing is a marketplace platform that has interactive maps allowing the visitor to look deep into the real estate market. People get a huge option of property on the website and can contact the owner to make the deal. Launched in 2012, the company claims to have more than 6,000 brokers with 1500 employees across 45 cities.

    Housing.com is the mind-work of Rahul Yadav along with his team of 11 Co-founders. The startup acquired Indian Real Estate Forum in 2015 for $1.2 million. They also acquired HomeBuy360 in the same year for $2 million. Later, housing merged with PropTiger.


    Top 10 Real Estate Website To Make Your Findings Easier
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    Weddingz

    Founders: Sandeep Lodha
    Year Founded: 2015
    Industry: Wedding
    Funding: Acquired

    Mumbai Startup
    Weddingz Logo | Mumbai Startups

    India is the world’s largest destination for wedding marketing. Keeping this fact in mind, Weddingz was founded to make it easier to choose the wedding venue online. The soon-to-be-married couples can book a venue, rooms, and other wedding related items online quickly and fast.

    Weddingz.in was founded by Sandeep Lodha. Sandeep is a graduate of Wharton Business School and IIT-Delhi. The startup was acquired by OYO in 2018. OYO bought 100% stakes of Weddingz in a cash-and-stock deal.

    ImpactGuru

    Founders: Piyush Jain & Khushboo Jain
    Year Founded: 2014
    Industry: Crowdfunding
    Funding: $4.5 million

    Mumbai Startup
    ImpactGuru | Mumbai based Startups

    ImpactGuru provides complete crowdfunding solutions to empower individuals, NGOs, and social enterprises to raise funds for medical emergencies, personal needs, creative projects, or any social cause. It is also the first crowdfunding platform in India to launch a smartphone app for customers with an AI-supported story builder. Over 20,000 patients have benefited from 2 lac donors with ImpactGuru. Also, over Rs, 150 crores / $20 million has been mobilized across 15 countries on this online platform.

    The startup was founded by Piyush Jain and Khushboo Jain. ImpactGuru has raised a total of $2.5 million from various investors.

    Guiddoo

    Founders: Vineet Budki, Nidhi Varma, Prashant Choudharya & Biswajeet Karmakar
    Year Founded: 2014
    Industry: Travel guide
    Funding: $1.1 million

    startup mumbai
    Guiddoo | Startups in Mumbai

    Guiddoo is a platform to discover and book in-destination experiences. It was initially started as an audio guide. Later, it turned into an app pivoted to tours and activities booking. The app helps travelers to discover and book in-destination activities across 15 countries.

    This Mumbai based startup was founded by Vineet Budki, Nidhi Varma, Prashant Choudharya, and Biswajeet Karmakar. They have raised a funding of $1.1 million to expand their services in other countries.

    BAJAAO

    Founders: Ashutosh Pandey
    Year Founded: 2005
    Industry: ECommerce
    Funding: Bootstrapped

    Bajaao Logo | Startups in Mumbai

    Bajaao, a Mumbai-based e-commerce startup that sells musical instruments and other equipment online. The company also provides the servicing of musical instruments.

    The startup was founded by Ashutosh Pandey in 2005. Aashutosh is himself a music lover and wishes to spread his love for music. So, he started his own commercial venture by selling instruments to young musicians and people who wish to take it up as a hobby.

    Ithaka

    Founders: Rahul Singh & Mithilesh Said
    Year Founded: 2015
    Industry: Travel
    Funding: $325k

    startup mumbai
    Ithaka Logo | Mumbai Startups

    Ithaka is a chat-based travel planning app, that covers destinations from Thailand, Bali, Europe, UAE, Singapore, Malaysia, and Turkey. The startup was launched as an in-destination experience booking website but later pivoted to travel planning. This free platform is for the people who want to plan and execute their own trips and not to book a pre-made package.

    Ithaka was founded by Rahul Singh & Mithilesh Said. Both the founders love to travel and found inspiration for their startup while traveling. Rahul is the CEO of the company while Mithilesh is the CTO.

    PaisaDukan

    Founders: Rajiv M Ranjan & Neeta Ranjan
    Year Founded: 2018
    Industry: Peer to Peer Platform for Lending
    Funding: $1.1 million

    startup mumbai
    PaisaDukan Logo | Mumbai Startups

    PaisaDukan is a Peer-to-Peer (P2P) lending platform. PaisaDukan acts as a mediator between borrowers and investors. The company serves as a digital marketplace to enable borrowers to meet their financial needs, provide investors a safer and smarter investment option, and aid financial inclusion.

    A creditworthy individual can borrow money for a variety of purposes like education, health care, marriage, small business, etc at a rate of interest as low as 12% p.a. And an investor (online money lender) can lend to borrowers at an interest rate which can be as high as 24% p.a. through an alternative financial channel. Investors can choose and fund borrowers based on their risk appetite.

    Heckyl Technologies

    Founders: Mukesh Madras
    Year Founded: 2010
    Industry: Tech
    Funding: $7.5 Million

    startup mumbai
    Heckyl Technologies Logo | Mumbai Startups

    Heckyl Technologies is trying to get structured as well as unstructured data in real-time analytical products to financial institutions and corporates. Heckyl provides a Risk Early Warning System (EWS) Software Platform for managing credit risk. It gets millions of data as input for businesses from which it creates output to help the credit risk team to identify potential defaulters.

    Heckyl Technologies was founded by Mukesh Madras in 2010. The startup has received a total of $7.5 million in funding.

    Fruzzante`

    Founders: Priyanka Save & Nagesh Pai
    Year Founded: 2010
    Industry: Wine
    Funding: Bootstrapped

    list of startup companies in mumbai
    Fruzzante` | Mumbai Startups

    Fruzzante` is the world’s first and only producer of a cider-style alco beverage made from Sapodilla (chikoo) extracts. Fruzzante` is also the only company producing fruit-based (non-grape) bottled products in the wine category that is commercially available. It is both vegan and gluten-free which makes it a healthy choice. The company also makes wines in other flavours like mango, pineapple, and spice garden.

    The startup was founded by Priyanka Save & Nagesh Pai in 2010.

    Tsara

    Founders: Tarun Jagwani and Natasha Jagwani
    Year Founded: 2012
    Industry: Jewellery
    Funding: Bootstrapped

    Tsara is a jewellery designing and manufacturing company. The main focus of Tsara is destination jewellery. The company has four lines of jewellery to complement various occasions and events and launches a new collection every few months.

    The startup was founded by the couple, Tarun Jagwani, and Natasha Jagwani. The story behind this idea is that Natasha once lost her precious jewellery. So, the couple realised how important destination jewelries are. You can read the Tsara’s Startup Story to know more about them.

    SpiceTree Design Agency

    Founders: Shiraz Khan
    Year Founded: 2004
    Industry: Digital Marketing
    Funding: Bootstrapped

    SpiceTree Design Agency is a digital marketing firm that provides services in all the areas of digital marketing. Some of its services are web designing, print, social media design, SEO, SMO, re-targeting, etc.

    SpiceTree Design Agency was founded by Shiraz Khan in 2004. The company was started with Shiraz’s saving of Rs. 1,00,000. You can read the Startup Story of SpiceTree Design Agency to know more about it.

    TAC Security

    Founders: Trishneet Arora
    Year Founded: 2013
    Industry: Cyber Security
    Funding: $1.5 Million

    TAC Security is a cyber-security solutions provider with a mission to anticipate, resolve, and mitigate cybersecurity risks and challenges. This Mumbai-based startup provides network, application, and web security solutions to corporates, banks, startups, governments, and law enforcement agencies.

    Trishneet Arora founded TAC Security Solutions in 2013 at the age of 19. Trishneet has a strong inclination towards technology, gaming, and computers since he was a child. He is one of the youngest ethical cyber security experts in India. Its current client portfolio includes names such as Reliance Industries Limited, Gujarat Police, Punjab Police, AMUL, Avon Cycles, RALSON, and Central Bureau of Investigation (CBI), among others. TAC Security raised a funding of $500k from Vijat Kedia, MD, of Kedia Securities.

    Monk Entertainment

    Founders: Ranveer Allahbadia & Viraj Seth
    Year Founded: 2017
    Industry: Digital Marketing
    Funding: Bootstrapped

    list of startup companies in mumbai
    Monk Entertainment | Startups in Mumbai

    Monk Entertainment or Monk-E is a digital marketing startup that works with influencers and manages their marketing. Brands also connect with them and the company finds the most suitable influencers for them. Along with that, they provide video production to influencers and brands.

    The startup was co-founded by a popular YouTuber, Ranveer Allahbadia. He has a YouTube channel called “Beerbiceps” and his friends help him with managing it. So, he and his co-founder, Viraj Seth came up with the idea to help other fellow influencers. The startup is bootstrapped and was founded in 2017.

    LabelBlind

    Founders: Rashida Vapiwala
    Year Founded: 2018
    Industry: Health Tech
    Funding: Bootstrapped

    LabelBlind is a digital platform that gives out information about the nutritional value of food products. The main purpose of the platform is to provide nutrition literacy to the people. The platform reviews and rates food items so that customers can choose healthier food options for themselves after examining the value of different food products.

    The company was founded by Rashida Vapiwala, an expert nutritionist in the year 2018. This startup is bootstrapped and has been one since its formation. Over 8000 packaged food labels reviews and ratings can be found here for the consumers to decide and choose from.

    CoinDCX

    Founders: Neeraj Khandelwal and Sumit Gupta
    Year Founded: 2018
    Industry: Cryptocurrency
    Funding: $109 Million

    CoinDCX is a company that gives Cryptocurrency related financial services. It is a cryptocurrency trading network that ensures its customers a quick, risk-free, and effortless trading experience. It is said to be the largest and safest cryptocurrency legal exchange platform, where buying and selling of various types of cryptocurrency are possible.

    Neeraj Khandelwal and Sumit Gupta, two graduates from IIT Bombay decided to try their hand in the cryptocurrency industry when they realized that Bitcoin has gained quite a momentum in the world. Both of them decided to use Blockchain technology to deal with financial inclusions and now it has received$109 Million of funding.

    MailIt

    Founders: Mahesh Shirodkar
    Year Founded: 1987
    Industry: Mailroom Management
    Funding: Bootstrapped

    MailIt is a company that deals with dispatch aggregating and work on dispatching various types of packages and all types of mailroom management service. Apart from that, they also provides services involving dispatch of bulky documents and parcels nationally and internationally as well.

    It was founded in the year 1987 by Mahesh Shirodkar. The company recently got funded by Ratan Tata in the year 2021, although the amount was not disclosed. The headquarters is situated in Mumbai, India. Many leading corporations are relying on the services of MailIt.

    Cube Wealth

    Founders: Satyen Kothari
    Year Founded: 2016
    Industry: Fintech
    Funding: $500000

    Cube Wealth is a automated wealth technology application that helps people investing in a simple manner. All these are done under the guidance of well known Investment manager. All the investment of the user are managed in this app and one can do that without facing any problem.

    Cube Wealth was founded in the year 2016 by one of the most successful  person from the fintech industry in India that is Satyen Kothari, the person who founded Citrus pay. He is also the current CEO of Cube Wealth.

    ePayLater

    Founders: Akshat Saxena, Aurko Bhattacharya and Uday Somayajula
    Year Founded: 2015
    Industry: Fintech
    Funding: $180 Million

    ePayLater provides people an option to buy now and pay later like a credit card card from online portals. Basically it is a platform that provides an instant credit limit where one can buy whatever they want quickly with just a single click and pay for that item later.

    ePay Later was formed in the year 2015 and is now on the path to simply the customer experience with their innovations. Recently the company has raise $2.5 Million by Pravega Ventures in the February of 2021.

    Dream11

    Founders: Harsh Jain and Bhavit Sheth
    Year Founded: 2008
    Industry: Fantasy Gaming
    Funding: $1.62 Billion

    This is an application that allows its users to creat imaginary team and play matches with them, through which they can also win money if the players performs well in the actual matches. The games that can be played here are Cricket, Football, Kabaddi and Basketball.

    It is India’s biggest sports gaming platform and have over 140 million users. Both of the founders Harsh Jain and Bhavit Seth are an ardent sports lover and they founded the sports gaming platform in 2008. Recently the company has collabed with popular TiktOk star Khaby Lame in their new campaign #Dream11PeDimaagLagaNa.

    Acko

    Founders: Varun Dua and Ruchi Deepak
    Year Founded: 2016
    Industry: Insurance
    Funding: $458 Million

    This is a private insurance company in India and offers its customers insurance facilities, products and commissions. It is a digital platform and everything that is done here is online. It has become the first digital service provider in the country, India.

    It was founded in the year 2016 by Varun Dua and Ruchi Deepak, the company has received fundings from Catamaran Ventures, Accel Partners, SAIF Partners. The current CEO is Varun Dua and the headquarters of the insurance company  is located in Mumbai, India.

    Apna

    Founders: Nirmit Parikh
    Year Founded: 2019
    Industry: Employment
    Funding: $193.5 Million

    Apna Jobs is all about providing job opportunities to the people of India. Unemployment is a big concern in this huge country so digital recruitment can help in solving that, that is what the motive is. It is a job platform where one can find jobs and mingle with the community.

    Through this app one can find job as per their skills. It was founded in the year 2019 by former Apple executive, Nirmit Parikh and with its work it was able to become the fastest Unicorn in the country.

    This is the list of startup companies in Mumbai. Hope you liked it.

    If you know any other Mumbai-based startups, please contact us. We will connect with them to feature in the list of startups in Mumbai.

    FAQs

    How many startup companies are there in India?

    India has about 50,000 startups India in 2018; around 8,900 – 9,300 of these are technology-led startups 1300 new tech startups were born in 2019 alone implying there are 2-3 tech startups born every day.

    How can I get startup benefits in India?

    Benefits of Startup India Scheme:

    • Self Certification under Labor and Environmental Laws.
    • Tax Exemption for Three Years.
    • Tax Exemption on Investment Above Fair Market Value.
    • Easy Winding Up of Company.
    • Startup Patent Application and IPR Protection.
    • Relaxation in Public Procurement Norms.
    • SIDBI Fund of Funds.

    Is Oyo a startup?

    Oyo Hotels and Homes are raising $1.5 billion from founder Ritesh Agarwal, SoftBank Group Corp. Agarwal, who founded Oyo in 2013, has built it into India’s second-most valuable startup with a valuation of about $10 billion. Its service covers 1.2 million rooms in over 80 countries, including 590,000 rooms in China.

    What are the top Mumbai based startups in India?

    Some of the top mumbai based startups are:

    • BookMyShow
    • Ola
    • Chillr
    • Grabhouse
    • Pepperfry
    • Housing
    • Ola Cab
    • Toppr
    • Nykaa
    • Impactguru

    Is Mumbai good for startups?

    Mumbai is an attractive startup hub which is contributing highly in Indian startup eco-system. It has great connectivity with other countries and a growing number of co-working spaces. The presence of prominent venture capital firms in Mumbai makes it best for startups.

  • 7 Popular Furniture Rental Startups in India – 2022

    Changing and moving is a part of life. With the rise in corporate culture, shifting has become more frequent among the youngsters.

    Nowadays, people don’t settle in one place for their entire life. They tend to shift due to work, weather, or other reasons. When it comes to shifting, the first thing that gives a sense of stress is the shifting of furniture.

    The process of furniture shifting can be prone to damage and also expensive. So, a great idea here is to rent furniture. This means you can keep and enjoy the furniture for as long as you like. Plus, you don’t have to worry about shifting, as you can return it.

    In India, we have many furniture rental startups that make the process easy.

    Furniture On Rent – A Concept Gaining Popularity
    Furniture Rental Startups in India

    1. Pepperfry
    2. Cityfurnish
    3. Rentickle
    4. Furlenco
    5. Rentomojo
    6. Guarented
    7. Voko

    Conclusion
    FAQs

    About Furniture Rental Startups in India

    Furniture On Rent – A Concept Gaining Popularity

    In simple words, furniture renting helps you to enjoy good quality furnishings without a long commitment. It helps you to adjust to changing living situations.

    If you are someone who keeps on moving from one place to another, this is the perfect choice for you. Buying furniture and moving it every time you have to shift can be troubling. This can lead to damage to some high-end furnishings. Also, shifting furniture is quite an expensive process.

    So, you can find furniture as per your preferences and need anywhere. Then you can make payments monthly or for a whole year. In this way, you can have the furniture without any lifelong commitment to it.

    Furniture Rental Startups in India

    Gone are the days when people would buy furniture and settle with it for the rest of their lives. The youngsters nowadays don’t like such sort of commitments with anything.

    They like the concept of moving, changing, exploring. Youngsters nowadays keep on moving for work, exploration, or adventure. So, furniture renting startups is a new go-to platform for many.

    These startups enable people to order furnishings online. People simply have to pay rent for the time they need the furniture. When their need is over, they can send it back. This no long-term commitment is what is contributing to the success of many startups.

    The following are some of the startups for renting furniture in India:

    Pepperfry

    Pepperfry - Top Furniture Rental Startup in India
    Pepperfry – Top Furniture Rental Startup in India

    Pepperfry is an online platform for all kinds of home furnishings shopping. It was launched in the year 2011. Its founders are Ambareesh Murty and Ashish Shah. The startup has its headquarters in Mumbai, India.

    The Company is a one-stop platform for a wide range of home furnishings. Earlier, Pepperfry started as an online store for furniture. In 2017, the company expanded itself with a renting facility. Pepperfry has a wide expansion of its services in many cities of India like Chandigarh, Delhi, Hyderabad, etc.


    Top 20 D2C Startups in India to watch out for in 2022
    D2C industry is one of the leading and successful industries in India. So, Here’s a list of some of the top d2c brands in India.


    Cityfurnish

    Cityfurnish - Top Furniture Rental Startup in India
    Cityfurnish – Top Furniture Rental Startup in India

    Cityfurnish, the e-commerce platform offers the facility of renting furniture. It was founded in 2015. Its founders are Neerav Jain, Saurabh Gupta, and Vinit Jain. The company is headquartered in Gurugram, Haryana, India.

    Cityfurnish offers a wide variety of modern contemporary furniture. People can rent quality and durable furniture right from their homes. It offers services like free delivery and setup at home. They also offer free maintenance of the furniture.

    An Indian startup, Cityfurnish not only offers services in Gurugram but also to other big cities.

    Rentickle

    Rentickle - Top Furniture Rental Startup in India
    Rentickle – Top Furniture Rental Startup in India

    It is a startup for renting furniture. It launched in the year 2015. Amit Sodhi and Vineet Chawla are the founders. The startup has headquarters in Delhi.

    The company’s main goal appears in its tagline. This is to help people turn their houses into homes. It has home furniture items, home furnishings, electronics, and other appliances on rent. The quality of the products offered here is exclusive with a wide variety.

    This became so popular that it was able to gain more than 10,000 subscribers in its first two years. Since then, it has been a go-to stop for the people who wants to rent furnishings.

    Furlenco

    Furlenco - Top Furniture Rental Startup in India
    Furlenco – Top Furniture Rental Startup in India

    This startup for renting furniture was founded in the year 2012. Ajith Karimpana is the founder of the Furlenco. The company has headquarters located in Bengaluru.

    Here, people can rent a range of quality furniture like beds, dining tables, sofas, and also full room setup packs. The platform also offers great discounts on furniture to the customers.

    Furlenco is in service in many metropolitan cities of India.

    Furlenco- Furniture Rental Startup in India

    Rentomojo

    Rentomojo - Top Furniture Rental Startup in India
    Rentomojo – Top Furniture Rental Startup in India

    Another popular Indian platform for renting furniture is Rentomojo. It was established in the year 2014. Geetansh Bamania, an ex-IITM, is the founder of the startup. The headquarters of the company is in Bengaluru.

    Rentomojo provides various categories of products. From furniture to electronics, the platform has everything for furnishing. The company also offers smartphones for rent.

    The company provides services beyond Bengaluru as well.

    Guarented

    Guarented - Top Furniture Rental Startup in India
    Guarented – Top Furniture Rental Startup in India

    This is another popular startup in India for having furniture on rent. It was established in the year 2015. Its founders are Abhimanyu Dikshit, Harshwardhan Raikwar, and Prateek Agrawal. The startup has its headquarters in Bengaluru, India.

    The company enables people can pay affordable prices and get durable quality furniture on rent. The idea is to cater to the needs of people who don’t want to own things. Also, the people who are always on a move or have troubles with finances.

    On Guarented, you can find a great variety of beds, refrigerators, dining tables, mattresses, sofa, etc.

    Voko

    Voko - Top Furniture Rental Startup in India
    Voko – Top Furniture Rental Startup in India

    Voko, the Indian startup for renting was established in the year 2016. Its founders are Bhuvnesh Sharma and Harsh Vardhan. Both of them were earlier employees at OYO. The company’s headquarters are in Gurugram.

    The startup focuses on the needs of youngsters moving from one place to another. It has a variety of furniture, electronics, and other appliances. These include Television, fridge, beds, tables, etc.

    Conclusion

    With the advent of technology and digitalization, everyone wants everything on their phones. The lifestyle among the youngsters is getting more and more mobile. This mobility has given a boost to furniture rental startups.

    The furniture rental startups enable people to find a variety right in their smartphones. They can browse from an endless range of variety and pay rent for it. These startups also offer discounts, free installation, and maintenance. In India, there is a rise in mobility and income among working professionals. This is an ideal atmosphere for furniture rental startups to grow more in the future.

    FAQs

    Which are the top furniture rental startups in India?

    Top 7 Furniture Rental Startups in India are:

    • Pepperfry
    • Guarented
    • Cityfurnish
    • Rentickle
    • Furlenco
    • Rentomojo
    • Voko

    Can we rent furniture from Pepperfry?

    Yes, Pepperfry provides furniture renting service since 2017.

    Which are the Indian start up dealing in online furniture sales?

    Some of the top Indian Startups that deals in selling furniture are:

    • Pepperfry
    • Furlenco
    • UrbanLadder
    • Zefo
    • FurnitureRoots
  • Vedas Exports – A Décor that illuminates the Timeline Between Old Classicism & Trendy Modern!

    Handicraft has been a widely enamored and respected art form since time immemorial. It is said that the people who have crafting in their blood are the masters of this art. India is world-renowned for its art and craft. A plethora of artistry and artisans can be found in the various states and provinces of this country.

    Founded by Mr. Palash Agrawal, Vedas Exports is one of the renowned exporters of handicrafts. Providing the most exquisite quality handcrafted goods from traditional to modern abstracts, this company aspires to be a paramount dealer of this art in the international market.

    Vedas Exports – Company Highlights

    Startup Name Vedas Exports
    Headquarter Ranchi, India
    Sector Handicrafts & Decor
    Founder Palash Agrawal
    Founded July 2014
    Website vedasexports.com
    Contact info@vedasexports.com

    About Vedas Exports and How it Works
    Vedas Exports – Target Market Size
    How was Vedas Exports Started?
    Vedas Exports – Name, Tagline, and Logo
    Vedas Exports – Product/Services
    Founders of Vedas Exports and team
    Vedas Exports – Business Model and Revenue Model
    Vedas Exports – Startup Launch
    Vedas Exports – Growth
    Vedas Exports – Startup Challenges
    Vedas Exports – Funding and Investors
    Vedas Exports – Competitors
    Vedas Exports – Future Plans
    Vedas Exports – Founder’s Advice
    Vedas Exports – Technology Stack
    Vedas Exports – Recognition and Achievements


    About Vedas Exports and How it Works

    Vedas Exports is one of the renowned exporters of handicrafts. Providing the most exquisite quality handcrafted goods from traditional to modern abstracts, this company aspires to be a paramount dealer of this art in the international market. Vedas Exports believe that beauty is a combination of both the internal and external qualities of daintiness and authenticity. Therefore, all the artifacts are created with a steep approach towards quality management.

    Handmade bags, paintings, woodcraft, t-lights, and artifacts made of bell metal and wrought iron are the masterpieces that the company is proficient in supplying. Its focus is to bring excellence in the work and feel privileged to offer a wide range of aesthetic handicrafts and home decor to valuable customers in any corner of the world. Designs, values and ethics – these are the three priorities, Vedas vouches for in the market.

    Vedas products - Arindam Tree and Wall art
    Vedas products – Arindam Tree and Wall art

    “Our vision is to reach every single town and each seller dealing in décor. We wish to make every house, restaurant, hotel, etc. display at least one piece of décor from Vedas, in our aim to make India self-reliant and not import handicrafts or décor items from abroad”, says Palash Agrawal, founder of Vedas Exports.

    Currently the company operates in the B2B module, by supplying to the offline branded stores and currently due to the current situation also selling their stuff online through various modules like social media and online e-commerce platforms. But its mission is to create 60 offline stores by next year, in both franchise and own store modules.


    Also read: Fanzart Fans – Designer Fans for Designer Homes


    Vedas Exports – Target Market Size

    So far, Vedas Exports is present in 700+ stores across India and 500+ stores abroad. While its market share is currently in the range of 7-9% across India, the company’s target is to reach 40% within the next 2 years. With the current pandemic-led lockdown making people stay and spend more time within the confines of home, we expect a growth in demand for décor and a bigger market in times to come.

    How was Vedas Exports Started?

    Having spent 8 years in boarding school and the United Kingdom for his undergraduate and postgraduate studies, Palash has been away for quite a long time. Yet, belonging to business family meant business was in his genes, while he always aspired to do something very different and contribute to society.

    “My father has been my inspiration in my idea of exploring the world of décor, to start my own brand Vedas Exports and etching a strong foothold in the market. Initial days were tough though, and we used to hit and try many products from different states in India. But traveling across the globe made me realize that we can transform ancient décor in a blend of modernity and market the same. I remember selling just one piece in the first month of starting my factory. Today, we are selling above 10000 pcs per month and run a complete unit, based in Jodhpur”, recalls Palash when talking about how Vedas Exports was started.


    Relevant read: Mukesh Ambani Is All Set To Revolutionize The E-Commerce Industry with JioMart


    As the team was aiming to relate ancient décor to its modern versions, Vedas was a perfect choice. The name that stands for the Vedic era rightly reflects the aura of the ancient traditions and richness of heritage. They also wished to add a modern and corporate flavor to it. Thus, the logo bears a blending of old and new and is vibrant in color choices.

    Vedas Exports – Product/Services

    Vedas Exports is mainly into décor, and have Wall Décor, Wall Shelves, Mirror, Table Décor, Showpieces, Hooks, Vases, office décor, Wall Jali, etc in its platter. While the company offers readymade choices of items, it also customizes products according to customer needs and preferences. You think of a product and the company will create it for you.

    Vedas Products - Atha Mirror and Marsh Tin Wall Decor
    Vedas Products – Atha Mirror and Marsh Tin Wall Decor

    The use of lead-free paints, powder-coated, and rust-free products are the features that make this brand stand out in the crowd. The team doesn’t believe in replicating the already available styles and designs and launch new products every two months. All the products are handmade and crafted to perfection.

    “We aim to make our products for the masses and thus prefer keeping the price point intact always. We develop our products according to market trends and follow trending colors. Our team has a very good R&D wing, that travels across the globe seeking fresh designs, trend, and pricing opportunities”, says Palash Agrawal.


    Also read: GrabOnRent – Renting Furniture Online made Easier and Better!


    Founders of Vedas Exports and team

    Mr. Palash Agrawal is founder of Vedas Exports. Vedas Exports is a family-run company. Palash has his dad (Mr. Pawan Kr Agrawal) as a co-founder and he has always been the mentor and source of inspiration for the company. The company now has around 110 people working with it, which induces artisans and office employees.

    Mr. Palash Agrawal | Founder of Vedas Exports
    Mr. Palash Agrawal – Founder of Vedas Exports

    The team is a combination of fresh start-up persons and some experienced people on the job. The team has designers from NIFD and NIFT who plan and enhance the products. They also have freshers on their marketing and e-commerce business. The reason why they hire freshers is that they are ready to face new challenges and output is very much high. The team also has a brand manager who is very much experienced and good knowledge of the planning is provided by him.

    “We ensure and endorse a very strong work culture in our office in terms of ethics, teamwork, freedom of functioning, and no interference. So, we have a happy set of people working with us, who consider the office as their second home and work together as one big family”, says Palash about the work culture of the company.

    Moreover, Vedas Exports follow international standards of health and safety norms across the office and in its factories. Till now, 98% of the team was right there with the company from the start of the journey. The startup believes in the experiences and efforts it puts into raising an employee. This is important as if once the person leaves the organization, the company goes back at least 6 months in terms of experience, to teach his work to a new employee.

    Vedas Exports – Business Model and Revenue Model

    Vedas Exports operate in four different business models

    1. B2B (Business to Business) – Supply to many stores directly and they sell Vedas’s products.
    2. B2C (Business to Customer) – Directly interact and sell products through the website and social media pages.
    3. Via E-commerce platforms – Products are available on e-commerce platforms and portals like Pepperfry, Amazon, Flipkart, etc.
    4. Through customization – Customize and create products according to the clients’ style, needs, and preferences.

    For the export of goods, the company works through direct stores, importers, and buying agencies. Vedas Exports’ revenue is generated from the sale of products through the various channels it operates in. The startup is bootstrapped and has no borrowing from anyone so far.


    Relevant read: Bewakoof – Allowing the Youth to be Fashionably Silly!


    Vedas Exports – Startup Launch

    “Getting the first 50 customers was the biggest hurdle. We had our products but our journey was initiated in the online portal only. At that time, our marketing skills were not very strong and hence our efforts weren’t paying much. So, we started organizing small exhibitions across the country to build the customer base. It took us around 6 months to reach that point and get our first 50 customers”, recalls Palash Agrawal about launching Vedas Exports.

    Vedas Exports – Growth

    Considering the last six months’ journey, the company’s functioning has taken various paths. Being a new brand in the market, it’s not an easy task to have a strong footprint, especially when the decor industry is not very organized in terms of branding and sales. The products are completely handmade, and hence settling is an issue. Sometimes the startup face a lot of issues regarding its pricing, shipping costs, etc.

    Vedas Products - Basket Cycle and Bayon
    Vedas Products – Basket Cycle and Bayon

    But the exhibitions the company already organized and the client meetings the team have attended have made them realize the demand for their products and the praise for its quality. Thus, the team readily understood that it can survive in the market if its back end is strong enough.  So, the company focused on making distribution and dealer channels wide and strong, so that on-ground sales pressure is less and it can concentrate more on designs and packaging of the products.

    Currently, the company has visibility in more than 300 cities across India and 15 countries across the globe. Every year, it supply to more than 20,000 end customers from its warehouses. Riding on the success rate of the past three years, it is now present in India’s top superstores including Hometown, Evok, Shopperstop, Royaloaks, Starmarks, Pepperfry studios, etc. It has reached the profit center as well, after the third year of operations.


    Also read: RentoMojo – Live the contemporary lifestyle on rent!


    Vedas Exports – Startup Challenges

    The main challenge was building up the trust and making a big customer base. The second biggest challenge was keeping the set of artisans intact. The company was in the initial stage of business back then and orders were few, thus forcing it to assign basic work for them every day and get the work going. It also used to participate in many shows abroad with a very low success rate at that time. Hence, the team relied mostly on reverse engineering to stay afloat and improvise its products.  

    Vedas Exports – Funding and Investors

    So far, Vedas Exports has not raised any funding and its 100% stakes is owned by the founding team.

    Vedas Exports – Competitors

    Talking of competitors, there are many based in Jodhpur and Moradabad. But they have always been a great source of motivation and energy for the company, to work harder and spend more time on product building. The team believes competition should be healthy and wise.


    Relevant read: Flipkart – India’s Leading E-Commerce Marketplace


    Vedas Exports – Future Plans

    Vedas Exports plan to build on the franchise module and come up with company-owned stores across India, UAE, Nepal, UK. It is now coming up with furniture, as a new segment.

    Vedas Exports – Founder’s Advice

    Our startup journey was like a roller coaster ride. It’s fun to feel that you are the boss of the organization, where you work. But at the same time, it’s you, who end up doing all the jobs too. My suggestion would be to never give up on your belief and dreams. I was thinking to close my startup after two years of operations. But my dad and brother prevented and motivated me to put the best of my efforts and sheer hard work to climb up the ladder of success. And see where we are today- all around the world with our creations.

    Vedas Exports – Technology Stack

    From day 1 of its journey, the team has been very organized in terms of software, ERP, and tools it uses. It has customized its own ERP system for inventory management and billing.

    Vedas Exports – Recognition and Achievements

    The company has given diploma on handicrafts from Russian authority on 2015, after the first year of the business.