Startup Awards ET Startup Awards 2024: Startup of the Year nominees

The ET Startup of the year It will be characterized by groundbreaking innovation, first-class execution and accelerated growth. The quality of the founding and management team was an important component in the decision-making process.

Company Name: Zepto

Founded in: 2020

Founders: Aadit Palicha, Kaivalya Vohra

Based in: Bombay

Key Investors: Capital of Glade BrookNexus Venture Partners, General catalyst, Mars Growth CapitalSpeed ​​of light

What are you doing?: Zepto, through its dark stores, makes fast deliveries of goods. It has become the most active online consumer store start-up In the past few years, Zepto is present in over a dozen cities and has expanded to places like Ahmedabad, Chandigarh and Panvel. In the past two months, Zepto has raised $1 billion to compete with Zomato’s Blinkit and Swiggy’s Instamart.

Company Name: Meesho

Founded in: 2015

Founders: Vidit Aatrey, Sanjeev Barnwal

Based in: Bangalore

Key Investors: Prosus, Soft bankPeak XV Partners, WestBridge Capital

What are you doing: Meesho is an e-commerce marketplace that specializes in selling low-priced products. The company sells apparel, accessories, footwear, home and kitchen items, and electronics. It is known for selling unbranded products, but has also created Meesho Mall for branded products. It is well established in non-metro markets, which generate the majority of its sales.

Company Name: Lenscart Business Card

Founded in: 2010

Founders: Peyush Bansal, Amit Chaudhary, Ramneek Khurana, Neha Bansal

Based in: Gurgaon

Key Investors: Abu Dhabi Investment Authority, ChrysCapital, SoftBank, Temasek, Alpha Wave, Fidelity

What are you doing: Lenskart specialises in selling prescription glasses and sunglasses to consumers through its online platform and physical stores. It has doubled down on its omnichannel focus, taking the total number of its physical stores to 2,000, mostly in India.

Company Name: Innovative

Founded in: 2014

Founders: Abhinav Shashank, Kanav Hasija, Sandeep Gupta

Based in: San Francisco

Key Investors: Mubadala, Tiger Global, Steadview, Dragoneer Investment and WestBridge Capital

What it does: Innovaccer, a healthcare-focused software-as-a-service (SaaS) company, helps U.S. health care The companies are digitizing patient data records and unifying previously unorganized data to deliver better quality care at a lower cost. It has more than 39 million patient data in its “health cloud” and works with more than 96,000 healthcare providers.

Company Name: Electric Wave

Founded in: 2017

Founder: Bhavish Aggarwal

Based in: Bangalore

Key Investors: Public listing

What are you doing: Ola Electric is an electric scooter equipment manufacturer that started as a subsidiary of Bhavish Aggarwal’s ride-hailing company ANI Technologies. Riding the wave of electric vehicles in India, Ola Electric has become one of the fastest startups to go public on the stock exchanges. Following its IPO, it has surpassed $7 billion in market capitalization.

Company Name: Go to Digit

Founded in: 2017

Founders: Kamesh Goyal

Based in: Bangalore

Key Investors: Public listing

What are you doing: Go Digit offers general insurance products such as vehicle and two-wheeler insurance, and provides fire and marine coverage to commercial establishments. It works with a large network of distributors and agents to sell policies.