Unveiling Hyderabad’s 10 leading startup companies
Hyderabad has established itself as a thriving hub for startups across diverse sectors, including health, biotech, education and aerospace. Here's a glimpse into the top 10 startup companies in the city.
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India today has become a vibrant hub for ideas and innovations, giving rise to numerous start-ups. A closer examination reveals that certain regions are particularly prolific in building start-ups. Hyderabad, with its expanding tech parks and co-working spaces, has gained a reputation for its thriving startup ecosystem.
Hyderabad is home to India’s largest incubation centre, T-Hub, a government-supported initiative capable of accommodating up to 1,000 early-stage companies. Since its inception in 2016, T-Hub has generated over 2,000 startups. Covering a range of sectors, from health and biotech to education and aerospace, Hyderabad-based companies are significantly contributing to the city's progressive influence on innovation.
Here's a look at 10 top startup companies in Hyderabad:
1. UrbanKisaan: UrbanKisaan is an agritech startup establishing a network of hyper-local urban farms that utilise hydroponic and vertical indoor growing methods. These sustainable techniques produce chemical-free crops with a significantly smaller carbon footprint, using up to 95% less water and achieving growth rates 30 times faster than traditional farming methods.
2. Skyroot Aerospace: By offering frequent, on-demand flights from Earth to space, this aerospace business hopes to mainstream spaceflight. In addition to being the first private rocket launcher in India, the commercial launch service provider is also working on a small-lift launch vehicle line for satellite installation.
3. Pay Matrix: Paymatrix is a SaaS startup offering a platform that enables tenants to pay rent and monthly expenses using credit cards. This simplifies the collection process for landlords and property managers while allowing tenants to earn rewards, cashback and improve their credit scores.
4. NxtWave: This is an edtech startup developing an online learning platform designed for IT professionals to acquire industry-specific skills through certified programs. Their courses, spanning 20 to 40 weeks, cover a broad spectrum of specialisations, such as data science, AI and machine learning, blockchain, coding, cybersecurity and full-stack development.
5. Practically: A STEM-focused virtual and immersive learning platform, Practically offers its users immersive virtual experiences. Designed for pupils in grades six through twelve, the 'self-learning app' was founded in 2018 and has online study materials that include 3D films, simulations and augmented reality.
6. Dodla Dairy: Dodla Dairy is a foodtech firm employing a vertically integrated approach to ensure the refrigeration of perishable milk products throughout the cold supply chain. According to Bain and Company, Dodla has facilitated local farmers in doubling their earnings by achieving yields that are up to 25% higher than the national average, supported by more than 120 chilling centres.
7. Bharat Biotech: Bharat Biotech is a multinational biotech company specialising in manufacturing vaccines and bio-therapeutics for diseases ranging from rotavirus and hepatitis B to typhoid and polio. The company has supplied more than 125 nations with over 9 billion pharmaceutical doses, holding more than 200 patents and completed 100 clinical trials.
8. Donatekart: A social enterprise startup, Donatekart is developing a crowdsourcing platform that lets consumers offer goods and supplies to charities rather than cash. Through verified accounts, the platform enables non-governmental groups to receive direct aid and initiate campaigns, enabling contributors to support causes they care about while also reaping the tax benefits.
9. RED.Health: Formerly known as StanPlus, RED.Health is a healthtech startup offering emergency medical response transport and services. Since its founding in 2016, the company has expanded to offer routine health examinations, continuing treatment and recovery services, prescription delivery, lab testing and an emergency response training program. It currently operates a fleet of more than 5,000 ambulances.
10. Darwinbox: Darwinbox is a SaaS startup that offers a human resource management platform. Serving over 850 companies across more than 100 countries, Darwinbox automates various HR functions, including talent acquisition, onboarding, workforce management, performance tracking and payroll. The platform, designed with a mobile-first approach, utilises artificial intelligence to generate actionable insights from collected data.
