Top 10 Indian Startups of 2025

India's edtech unicorn built on the back of YouTube educator Alakh Pandey's free physics lectures, PhysicsWallah (PW) reached a valuation of $2.8 billion and served over 10 million active paid learners by 2025 — making it the most affordable major edtech platform in India. Founded in 2020 by Pandey and Prateek Maheshwari, the company disrupted the expensive test-preparation industry by offering JEE and NEET preparation courses at a fraction of competitor prices. PW expanded into offline learning centres across 25 Indian cities in 2024-2025.

Founded by Bhavish Aggarwal in 2017 and spun off from ride-hailing company Ola, Ola Electric became India's largest electric two-wheeler manufacturer and went public on the NSE and BSE in August 2024 in one of India's biggest tech IPOs, raising over 6,145 crore rupees. Its Futurefactory in Tamil Nadu is the world's largest scooter manufacturing facility, capable of producing 10 million vehicles per year. Despite post-IPO turbulence and service quality controversies, Ola Electric commands approximately 25% of India's EV two-wheeler market.

The social commerce platform that enables small entrepreneurs and homemakers to resell products via WhatsApp and Instagram reached over 140 million transacting users by 2025, making it one of India's largest e-commerce platforms by user count, surpassing Flipkart in certain demographics. Founded by IIT-Delhi graduates Vidit Aatrey and Sanjeev Barnwal in 2015, Meesho tapped the vast market of value-conscious Tier 2 and Tier 3 city consumers who were underserved by premium e-commerce platforms. The company achieved profitability in 2023 and filed for an IPO in late 2024.

InMobi Group's Glance platform, which delivers AI-powered content directly to smartphone lock screens without requiring app downloads, reached 230 million active users across India and Southeast Asia by 2025 — making it one of the largest AI-content platforms in the world outside China. The Bangalore-based company, founded in 2007 by Naveen Tewari, pioneered mobile advertising across emerging markets before pivoting to the Glance lock screen ecosystem. Glance's partnership with Samsung and Xiaomi embedded its technology into hundreds of millions of devices at the factory level.

India's largest bike-taxi and auto-rickshaw ride-hailing platform reached a valuation of $1.1 billion in 2024 and expanded into cab services in over 100 Indian cities, challenging Ola and Uber with significantly lower pricing enabled by its high-volume two-wheeler business. Founded in 2015 by Aravind Sanka, Pavan Guntupalli, and SR Rishikesh, Rapido processed over 5 million daily rides across its network of 1.5 million driver-partners by 2025. The platform is particularly dominant in South Indian cities where bike-taxi culture is deeply embedded.

Backed by the Indian government's Department for Promotion of Industry and Internal Trade (DPIIT), ONDC is a protocol-based open network that allows any buyer app to discover and transact with any seller app — a fundamentally different architecture from platform-centric e-commerce. By 2025 ONDC processed over 15 million monthly transactions across food delivery, grocery, fashion, and mobility, with over 800,000 sellers onboarded. The initiative is widely regarded as India's most ambitious attempt to democratise digital commerce and reduce the dominance of single-platform ecosystems.

Sachin Bansal's fintech startup (co-founder of Flipkart) provides instant personal loans, health insurance, and mutual fund products through a fully digital, paperless process powered by alternative data and AI underwriting. Navi reached a loan book of over 10,000 crore rupees by 2025 and its health insurance subsidiary became one of India's fastest-growing digital health insurers, serving over 2 million policyholders. The company's IPO, filed and subsequently withdrawn twice amid market conditions, remained one of the most closely watched potential listings in Indian fintech.

Bangalore-based Sarvam AI became India's most prominent homegrown artificial intelligence company in 2024-2025, developing large language models trained specifically on Indian languages and contexts, including Sarvam-1, the first AI model optimised for all 22 scheduled Indian languages. Founded by IIT professors Vivek Raghavan and Pratyush Kumar, the company raised $41 million in Series A funding and partnered with the Indian government's India AI Mission for sovereign AI infrastructure. Sarvam's models were adopted by several Indian states for government services and citizen-facing chatbots.

India's largest digital health and fitness platform, HealthifyMe reached 35 million registered users by 2025 with its AI-powered nutrition tracking, personalised diet plans, and real-time coaching features tailored specifically for Indian food habits, including a comprehensive Indian food database covering over 1 million local dishes and regional preparations. Founded in 2012 by Tushar Vashisht and Sachin Shenoy, the Bangalore company expanded into metabolic health monitoring with CGM (continuous glucose monitoring) integrations and corporate wellness programs serving over 500 large Indian employers.

India's edtech unicorn built on the back of YouTube educator Alakh Pandey's free physics lectures, PhysicsWallah (PW) reached a valuation of $2.8 billion and served over 10 million active paid learners by 2025 — making it the most affordable major edtech platform in India. Founded in 2020 by Pandey and Prateek Maheshwari, the company disrupted the expensive test-preparation industry by offering JEE and NEET preparation courses at a fraction of competitor prices. PW expanded into offline learning centres across 25 Indian cities in 2024-2025.

Founded by Bhavish Aggarwal in 2017 and spun off from ride-hailing company Ola, Ola Electric became India's largest electric two-wheeler manufacturer and went public on the NSE and BSE in August 2024 in one of India's biggest tech IPOs, raising over 6,145 crore rupees. Its Futurefactory in Tamil Nadu is the world's largest scooter manufacturing facility, capable of producing 10 million vehicles per year. Despite post-IPO turbulence and service quality controversies, Ola Electric commands approximately 25% of India's EV two-wheeler market.

The social commerce platform that enables small entrepreneurs and homemakers to resell products via WhatsApp and Instagram reached over 140 million transacting users by 2025, making it one of India's largest e-commerce platforms by user count, surpassing Flipkart in certain demographics. Founded by IIT-Delhi graduates Vidit Aatrey and Sanjeev Barnwal in 2015, Meesho tapped the vast market of value-conscious Tier 2 and Tier 3 city consumers who were underserved by premium e-commerce platforms. The company achieved profitability in 2023 and filed for an IPO in late 2024.

InMobi Group's Glance platform, which delivers AI-powered content directly to smartphone lock screens without requiring app downloads, reached 230 million active users across India and Southeast Asia by 2025 — making it one of the largest AI-content platforms in the world outside China. The Bangalore-based company, founded in 2007 by Naveen Tewari, pioneered mobile advertising across emerging markets before pivoting to the Glance lock screen ecosystem. Glance's partnership with Samsung and Xiaomi embedded its technology into hundreds of millions of devices at the factory level.

India's largest bike-taxi and auto-rickshaw ride-hailing platform reached a valuation of $1.1 billion in 2024 and expanded into cab services in over 100 Indian cities, challenging Ola and Uber with significantly lower pricing enabled by its high-volume two-wheeler business. Founded in 2015 by Aravind Sanka, Pavan Guntupalli, and SR Rishikesh, Rapido processed over 5 million daily rides across its network of 1.5 million driver-partners by 2025. The platform is particularly dominant in South Indian cities where bike-taxi culture is deeply embedded.

Backed by the Indian government's Department for Promotion of Industry and Internal Trade (DPIIT), ONDC is a protocol-based open network that allows any buyer app to discover and transact with any seller app — a fundamentally different architecture from platform-centric e-commerce. By 2025 ONDC processed over 15 million monthly transactions across food delivery, grocery, fashion, and mobility, with over 800,000 sellers onboarded. The initiative is widely regarded as India's most ambitious attempt to democratise digital commerce and reduce the dominance of single-platform ecosystems.

Sachin Bansal's fintech startup (co-founder of Flipkart) provides instant personal loans, health insurance, and mutual fund products through a fully digital, paperless process powered by alternative data and AI underwriting. Navi reached a loan book of over 10,000 crore rupees by 2025 and its health insurance subsidiary became one of India's fastest-growing digital health insurers, serving over 2 million policyholders. The company's IPO, filed and subsequently withdrawn twice amid market conditions, remained one of the most closely watched potential listings in Indian fintech.

Bangalore-based Sarvam AI became India's most prominent homegrown artificial intelligence company in 2024-2025, developing large language models trained specifically on Indian languages and contexts, including Sarvam-1, the first AI model optimised for all 22 scheduled Indian languages. Founded by IIT professors Vivek Raghavan and Pratyush Kumar, the company raised $41 million in Series A funding and partnered with the Indian government's India AI Mission for sovereign AI infrastructure. Sarvam's models were adopted by several Indian states for government services and citizen-facing chatbots.

India's largest digital health and fitness platform, HealthifyMe reached 35 million registered users by 2025 with its AI-powered nutrition tracking, personalised diet plans, and real-time coaching features tailored specifically for Indian food habits, including a comprehensive Indian food database covering over 1 million local dishes and regional preparations. Founded in 2012 by Tushar Vashisht and Sachin Shenoy, the Bangalore company expanded into metabolic health monitoring with CGM (continuous glucose monitoring) integrations and corporate wellness programs serving over 500 large Indian employers.