With over 230 million smartphone users in the country, India is the world’s second largest smartphone market, having overtaken the US in December last year. With increasing smartphone penetration over the past few years, we have seen an unprecedented rise in mobile-focused startups in India.
Companies like Paytm, Freecharge and Ola were started on the premise of the mobile-first strategy. And look at their growth in the last four years! They have grown at a scorching pace, and are slated to grow even faster as more Indians take to smartphones in the near future.
While Bengaluru is hailed as the prominent startup hub, Delhi has produced several mobile-focused companies, Paytm, Snapdeal, Grofers and Urbanclap among them. Following in the footsteps of these leading startups, several NCR-based entrepreneurs are toiling to cater to smartphone users. Since MobileSparks is around the corner and this edition is being held in Delhi, YourStory is showcasing the top 11 mobile-focused startups from the capital. The list covers startups from the early to mid stages.
Cashify: Launched in 2013, Cashify offers a home pickup service and instant cash for selling smartphones. The Gurgaon-based company has partnered with e-commerce companies, Original Equipment Manufacturers (OEMs) and offline retailers Croma Retail and HP to replace phones seamlessly. Last year, the venture raised capital from Bessemer Ventures and Blume Ventures.
Railyatri: Founded by Kapil Raizada, Sachin Saxena and Manish Rathi, RailYatri aims to change the ecosystem of train travel in India. The travel app provides comprehensive information on trains, passenger amenities at stations, platforms and the speed of the train, along with personalised alerts via mobile app, mobile web and SMS. The three-year-old company had secured funding from Nandan Nilekani, Helion Ventures, Omidyar Partners and Blume Ventures.
Mypoolin: Mypoolin is a mobile peer-to-peer and group payments social network that helps people plan and pool money together for movies, events, parties, group-gifting and trips. Incubated by Investopad since its inception, MyPoolin has raised seed funding from a group of angels, including the likes of Sharad Sharma, Rajan Anandan, Sunil Kalra, Amit Ranjan and others.
You can read the complete list in yourstory.
#startup #mobile #mypoolin #railyatri #Cashify #smartphone #mobileapp