Which is the most Successful Startup in India, Not Headed by IIT ians or IIM ians?

Successful Startups By Non IITians And IIMians

1,853 Views Updated: 24 Jul 2017
Follow Post

Were you always compared to your sibling or the neighbor’s son who got into IIT or IIM and you didn’t? Do you still think low of yourself just because you do not have the University stamp? Well, you need not do it now. A college degree maybe your gate-pass to clear the interviews but it does not define your intelligence. Their academic qualification can not judge a person's intelligence.

The past decade has been the decade devoted to start-ups. From food, clothing to digital recharges, start-ups have been trying to provide for every need of their customers. Yes, it is true that most startups have been a brainchild of IIT and IIM alumnus, but not all of these belong to them.

We have compiled a list of few successful start-ups which are not owned by any former IITian or IIMian. Check it out.

#1. BookMyShow

'BookMyShow' was founded by Ashish HemRajani in the year 2007. It is a customer fanatic venture and gets about 500 million page views per month. In the year 2014, it entered the 1000 Crore club. The company began with the motto of promoting online movie ticketing in India. With its immense success, the company expanded into selling tickets for theaters, events, concerts, and sports as well.

(Image Courtesy: Yo success)

#2. Twist Mobile

Twist Mobile is an Indore based startup founded by Virat Khutal in 2009. It is a mobile gaming company. Mass offline mobile gaming is its USP. The users can compete against one another at mutually decided venues and have the best gaming experiences.

(Image Courtesy: Yourstory)

#3. CarTrade

CarTrade is an online platform for selling and purchasing of cars. Founded by Vinay Sanghi in 2009, it serves as a marketplace for buyers and purchasers of automobiles. With a record of 4 million monthly visitors, CarTrade is one of the coolest startups. Other than the online marketing, the company has a physical presence comprising of over 4,000 dealers across 80 cities in India. Currently, the website lists over 1,65,000 certified used cars. OLX, QuikrCars, and CarSangrah are the main competitors of CarTrade.

(Image Courtesy: Deal Street Asia)

#4. PayTm

PayTm founded by Vijay Shekhar Sharma made it to the top in the digital world. Thanks to demonetization, PayTm became the most used source for non-cash transactions. With a current market value of more than $3 billion, the journey from one97 to PayTm has been incredible. The success of the company can be traced from a top notch salon to a local vegetable vendor, each having the label of “PayTm Accepted Here”.

(Image Courtesy: Our Own Startup)

#5. Freecharge

FreeCharge, founded by Kunal Shah in 2010 is one of the leading digital payment platforms in India. It provides online services for recharge for prepaid mobile phones, postpaid mobiles, DTH & Data Cards in India.The founder seemed quite satisfied with the success and therefore sold it to Snapdeal for an amount as huge as $400 million. The takeover is said to be the second highest following the takeover of ibibo by MakeMyTrip.

(Image Courtesy: Yourstory)

#6. OYO

OYO, founded by Ritesh Agarwal, is nothing less of a dream story. The company is the leading online platform for booking hotels at the cheapest rates possible. The average booking rates of the rooms range from Rs 1,400 to 1,800. Each room sold earns them huge profits. It is currently operating in more than 200 Indian towns along with Malaysia and Nepal.

(Image Courtesy: Entrepreneur)

#7. Zivame

Zivame, founded by Richa Kar is the top online portal for buying lingerie. The journey of selling lingerie online wasn’t an easy one. The website helps women find their lingerie in all sizes, color, type, and material. Started in 2011, the company currently has more than 5 million users. The noble idea behind providing Indian women a safe and free environment to explore their choices is the ultimate reason for the tremendous success of the company.