As we march ahead with young teams led mostly by women, we proudly present to you the Outlook Start-up Outperformers 2023. In a crowd of lists and ranks, this compilation of three rankings stands out by its sheer robustness, its eye to detail and the exhaustive parameters that will help you separate the chaff from the grain.
India is the second largest internet market in the world with over 800 million users, according to investment promotion agency Invest India. The access to cheaper internet, coupled with increase in spending power, has led to significant growth in the ecommerce sector in the country.
The top five growth-stage start-ups in the edtech sector
The top five growth-stage start-ups in the fintech sector
The top five growth-stage start-ups in the healthtech sector
The top three growth-stage start-ups in the cleantech sector
Top three growth-stage start-ups in the DeepTech sector
Top three growth-stage start-ups in the sustainability sector
Founders can now decide how to balance various aspects, accounting for some trade-offs, allowing them to grow sustainably in resource-constrained times
Direct To Consumer Top 5
India is the second largest internet market in the world with over 800 million users, according to investment promotion agency Invest India. The access to cheaper internet, coupled with increase in spending power, has led to significant growth in the ecommerce sector in the country.
The top five growth-stage start-ups in the edtech sector
The top five growth-stage start-ups in the fintech sector
The top five growth-stage start-ups in the healthtech sector
The top three growth-stage start-ups in the cleantech sector
Top three growth-stage start-ups in the DeepTech sector
Top three growth-stage start-ups in the sustainability sector
Founders can now decide how to balance various aspects, accounting for some trade-offs, allowing them to grow sustainably in resource-constrained times
A business conceived at launch with negative economics accepted as fait accompli will struggle to reach profitability
Start-ups excel when they have doers, but businesses need to balance that with enablers who can play a synchronised symphony of talents
While initial growth and user acquisition are essential, they must be balanced with a clear vision for achieving positive cash flow
There is a need for a structured approach to mentorship; not all mentor-mentee relationships are equally fruitful
The lure of reigning start-up hubs, like Bangalore, Mumbai, Delhi NCT, Chennai and Gurgaon, remains strong even as several Tier II and III cities vie for a larger share in the growth pie. A conducive environment, built by availability of wider talent pool, infrastructure incubators, mentors, investors, etc., lures new and aspiring founders to these cities
Cities like Hyderabad, Pune, Ahmedabad, Kolkata and Noida+Greater Noida are attracting entrepreneurs and investors looking for alternatives to the top five cities
Clusters, with better infrastructure, fast internet connectivity and an efficient transport system, mean that start-ups can operate with reduced overheads
There are several factors that drive an entity to, or hold it back from, success. The Outlook Start-Up Outperformers 2023 rankings deep-dive into the factors that impact the success of a start-up, and by extension the growth of cities and states as start-up destinations
India’s journey to becoming the second largest start-up hub is dotted with several milestones. Be it the information technology boom or the opening up of the economy, every event has played its role in the country’s growth story
As a minister of state holding the dual portfolio of the Ministry of Electronics and IT (MeitY) and the Ministry of Skill Development and Entrepreneurship, Rajeev Chandrasekhar holds a vantage point in viewing the rise of tech-enabled start-ups in India. In an interview with Outlook Business, he delves into the dynamic growth journey of India’s innovation ecosystem and the pivotal role that the Central government is playing in shaping its trajectory. Edited excerpts:
Arjun Mohan, India CEO of edtech company Byju’s, explains how the edtech sector, one of the best performers during Covid-19 pandemic, fell out of favour with customers and investors and ended up in losses
A non-scalable model can let you improve the product, because in the early days, what you are trying to do is to test what is working and what is not
The fact that several niches remain unfilled ... shows that the existing social marketplace is not effective enough in clearing unmet needs
The start-up’s financial performance parameters are its gauges, which determine, at any given time, how well the engine is performing
Venkatram Mamillapalle, country CEO and MD of Renault India Operations, is passionate about horticulture—he has a farm with more than 300 varieties of fruit trees. He is equally passionate about travelling and reading
