MUMBAI, 7 JANUARY, 2O22 (GPN): Despite the warning from investors as they advised firms to “prepare for the worst” when COVID’s second wave started stirring friction in early 2021, the year pushed the Indian startup ecosystem to bring out its ace game. According to the data from insight platform, Tracxn, capital flowing to Indian startups soared to $39 billion in 2021, which is nearly three times from the previous best of $14.6 billion in 2019. The year 2021 marked several high points in India’s startup economy as nine tech startups got listed on the public market whereas, 44 new unicorns were introduced. India’s unicorn tally now stands at 83 and experts believe Indian startups’ 2021 performance chart will only go higher in the years to follow.

Here we have identified 22 startups to watch out for in 2022, that may turn unicorns.

1. Skyroot Aerospace (Spacetech)

   Skyroot Aerospace is India’s first space launch vehicle startup developing launch vehicles for cost effective access to space. Founded in 2018 in the South Indian city of Hyderabad, Skyroot Aerospace is constructing technologies that offer reliable access to space. Skyroot Aerospace was founded by engineers of ISRO’s rocket designing arm – Pawan Kumar Chandana and Naga Bharath Daka.Currently, the start-up is testing a cryogenic engine that will run on cleaner burning liquid natural gas. In May 2021, Skyroot Aerospace raised $11 million in Series-A funding round.

   

   Agnikul

2. Agnikul (Spacetech)

   Agnikul is a space tech startup that designs, manufactures, tests, and launch orbital class rockets for micro and nano satellites. A defence and space start-up, AgniKul Cosmos builds launch vehicles to lift small satellites into low earth orbit.

   Founded in Chennai in 2017, AgniKul Cosmos has raised $14.58 million in total funding over 4 rounds. Their latest funding was raised on May 19, 2021 through a Series A round. The founders of AgniKul Cosmos are Srinath Ravichandran, Moin SPM, Satyanaryan Chakravarthy, and Janardhana Raju.

   Indian start-ups are making waves across the world and are expected to touch new heights with cutting edge innovation leading the pack

   

   Simpl – India’s leading Pay-Later platform

3. Simpl (Fintech)

   Simpl is a fintech company that offers a cardless payment network with multiple solutions for merchants and consumers.

   

   Pocket FM

4. PocketFM (Digital Entertainment)

   Pocket FM develops a vernacular social audio platform for audiobooks and podcasts. The company platform provides a variety of audios in a variety of languages, including audiobooks, finance, self-help, news stories, radio shows, and audio shows, allowing users to access a variety of content and directly connect creators and their fans across localIndian languages.

   

   FamPay

5. Fampay (Fintech)

   FamPay is an online and offline card payment for teenagers that helps them to make payments, online and offline through the FamCard. It also allows parents to send money to their kids. The company was founded in 2019 and is headquartered in Bengaluru, Karnataka, India.

   

   Trell

6. Trell (E-commerce/Social Network)

   Trell is a community-based platform for discovering lifestyles through videos in Indian Languages. It enables people to create visual collections of their lifestyle experiences. The community shares new ideas, experiences, and product recommendations with each other in multiple Indian languages and over 7 different lifestyle categories.

   

   Jumbotail

7. Jumbotail (E-commerce/Grocery)

   Jumbotail is an operator of an online marketplace that simplifies food and grocery shopping. An online marketplace for food and grocery, targeted at wholesale buyers. It also operates a marketplace that connects tens of thousands of these Kirana stores with brands and traders. The company offers a wholesuite of services including supply chain logistics, a mobile app for placing orders, integration with point-and-sales devices, and credit solutions to shop owners that can’t easily get a loan from banks.

   

   Captain Fresh

8. Captain Fresh (Transportation, Logistics and Storage)

   Captain Fresh is a freshwater fish and seafood supply chain platform. Captain Fresh is a B2B marketplace leveraging technology to deliver the fastest harvest-to-retail in the industry. The company was founded in 2019 and is based in Bengaluru, India.

   

   Sirona Hygiene

9. Sirona Hygiene (Health, wellness & fitness)

   Sirona Hygiene is a new-age startup with a range of category-defining Intimate & Menstrual Hygiene products for Women.

   

   Zepto

10. Zepto (E-Commerce/Grocery)

    Zepto offers a 10-minute grocery delivery service that offers an e-grocery app that revolutionizes the grocery buying experience. It consistently delivers 2,500+ products in 10 minutes flat. It’s the core of what they do, and the reason why they’ve been able to grow so fast with phenomenal customer love.

    

    PlanetSpark

11. PlanetSpark (Edtech)

    PlanetSpark is building the World Leader in Communication Skills for children in the age groups of 4 to 14 years, setting them up for a bright future and making them ready for careers of tomorrow regardless of what profession they choose.

    Currently focused on English-language-based capabilities, PlanetSpark’s Public Speaking and Creative Writing Program builds communication skills in kids and helps them become effective speakers and writers. The program is delivered through a network of trained professionals over its proprietary technology platform.

    

    Plum

12. Plum (Insurtech)

    Plum provides best-in-class health insurance at affordable price. Plum’s group health insurance comes with no surprises, no hidden costs & no out-of-pocket expenses. Give your employees access to great care with Plum.

    

    ReshaMandi

13. ReshaMandi (AgriTech)

    ReshaMandi is building a full-stack platform to organize the silk supply chain, provide services including quality testing, technical advisory, high-quality inputs, and market linkages, at each node of the silk supply chain.
    

14. Sunstone Eduversity (EdTech)

    Sunstone Eduversity is an academic institution that aims at creating industry ready professionals with our unique pedagogy and technology-enabled education delivery. They partner with existing colleges who have a well-equipped infrastructure to run and manage an AICTE approved, PGDM program by leveraging the use of modern-day technology and thus ensuring that the students are provided with the highest level of education quality across all our campuses.

    

    Square Yards

15. Square Yards (PropTech)

    Square Yards platform offers an integrated consumer experience & covers the full real-estate journey from search & discovery, transactions, mortgages, interiors, rentals, property management and post-sales services. Its’ enterprise solutions cater to all stakeholders in the real estate value chain like agents, real estate developers and banks.

    

    Atomberg Logo

16. Atomberg Technology (CleanTech/Consumer Electronics)

    Atomberg Technology aspires to be the “Tesla”​ of the world of household appliances. By combining the virtues of energy efficiency and Internet of Things, they will be coming up with smart, connected and intelligent appliances which will disrupt the appliances market forever.

    

    Uni Cards

17. Uni Cards (Fintech)

    Uni Cards provides credit cards that allow users to pay their monthly spending in three parts over three months for no extra charges. Uni Cards provides new-age credit cards for the digital generation. Uni aims to bridge the gap in the credit card market by making them more accessible to consumers across different regions.

    

    JusPay

18. JusPay (Fintech)

    Juspay is a developer of an online platform designed to be used for mobile-based payments. The company’s online platform is a SaaS layer on top of payment gateways to simplify integration, improve robustness and ease the management of diverse and rapidly evolving payment options, enabling users to make electronic transactions securely and efficiently.

    

    PhableCare

19. PhableCare (Health, wellness & fitness)

    Phable provides a single platform for digitizing prescriptions, personalized health reminders, tracking vitals by syncing with devices from daily steps to blood levels and symptoms.

    

    Animall

20. Animall (E-Commerce/Livestock)

    Animall is a platform for buying and selling dairy and cattle online. Animall builds efficiencies in the dairy ecosystem in India using technology, data science, and design. It was started in 2019 and is headquartered in Bangalore, India.
    

21. TeachMint (Edtech)

    Teachmint is an education infrastructure provider and India’s largest teaching platform. They are powering education by enabling billions of educators across the world digitize their classrooms through our proprietary classroom technology.

    

    EatClub

22. EatClub Brands (FoodTech)

    EatClub Brands is a cloud kitchen company that allows consumers to order food from a list of handpicked food brands such as MOJO Pizza, BOX8, Itminaan Biryani, Globo Ice Creams, NH1 Bowls, ZAZA 21 Spice Biryani, LeanCrust Pizza, and Mealful Wraps. With 150+ kitchens, it is present in major cities like Mumbai, Bangalore, Pune, NCR, and Hyderabad. ENDS