14 Listed Startup Companies in India

India’s startup ecosystem has grown rapidly in the past few years, and many of these companies are now getting listed on the stock market. Most of these startups have strong growth potential and could emerge as major players in the future. Here is the list of recently listed startup companies in India that are worth keeping an eye on.

Listed Startups in India

1. Zomato

• Market Cap: ₹2,26,079 Cr
• Sector: Food Delivery
• Ticker Symbol: ETERNAL

Founded in 2008 by Deepinder Goyal and Pankaj Chaddah, Zomato began as a restaurant discovery platform named FoodieBay. It rebranded to Zomato in 2010 and expanded into food delivery in 2015. Now operating in over 800 Indian cities, Zomato offers services like food delivery, table reservations, and restaurant reviews. In 2021, it went public under the parent company Eternal Limited.

Zomato earns revenue through commissions from partner restaurants, delivery fees, and advertising. It also owns Blinkit, a quick commerce platform delivering groceries and essentials. The company serves a broad customer base, from urban professionals to families, seeking convenient food and grocery delivery services.

2. Swiggy

• Market Cap: ₹69,995 Cr
• Sector: Food Delivery
• Ticker Symbol: SWIGGY

Swiggy was founded in 2014 by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini. Headquartered in Bengaluru, it started as a food delivery platform and has since expanded to over 580 cities in India. Swiggy offers services like Swiggy Instamart for quick grocery delivery and Swiggy Genie for courier services.

Swiggy’s revenue comes from delivery fees, commissions from restaurants, and subscription services. Its customer base includes urban dwellers seeking quick and reliable food and grocery delivery. Swiggy’s focus on logistics and customer experience has made it a strong competitor in the Indian food delivery market.

3. Nykaa

• Market Cap: ₹55,261 Cr
• Sector: E-commerce (Beauty & Fashion)
• Ticker Symbol: NYKAA

Founded in 2012 by Falguni Nayar, a former investment banker, Nykaa started as an online beauty retailer. It has since expanded into fashion and operates over 100 physical stores across India. Nykaa became the first Indian unicorn startup led by a woman and went public in 2021.

Nykaa operates on an inventory-led model, sourcing products directly from brands and selling them online and offline. It offers a wide range of beauty and fashion products, catering primarily to urban women seeking quality and variety. Nykaa’s personalized shopping experience and extensive product range have made it a go-to platform for beauty and fashion needs.

Read More: Publicly Listed Companies of Tata Group

4. Go Digit General Insurance

• Market Cap: ₹26,611 Cr
• Sector: Insurtech
• Ticker Symbol: DIGIT

Go Digit General Insurance, founded in 2016 by Kamesh Goyal, is a digital-first insurance company based in Bengaluru. It offers a range of insurance products, including health, motor, and travel insurance, through a user-friendly online platform.

Digit’s business model focuses on simplifying insurance processes using technology. It provides instant policy issuance and claim settlements, appealing to tech-savvy customers seeking hassle-free insurance solutions. Its customer base includes individuals and businesses looking for transparent and efficient insurance services.

5. Ola Electric

• Market Cap: ₹21,419 Cr
• Sector: Electric Vehicles
• Ticker Symbol: OLAELEC

Ola Electric, a subsidiary of Ola Cabs, was founded in 2017 by Bhavish Aggarwal. It focuses on manufacturing electric scooters and developing charging infrastructure in India. Ola Electric aims to accelerate the adoption of electric vehicles in the country.

The company sells electric scooters directly to consumers and plans to expand into electric cars. Its target customers are environmentally conscious individuals seeking sustainable transportation options. Ola Electric’s integrated approach includes vehicle manufacturing, battery technology, and charging solutions.

6. FirstCry

• Market Cap: ₹17,203 Cr
• Sector: Baby & Kids E-commerce
• Ticker Symbol: FIRSTCRY

FirstCry was founded in 2010 by Supam Maheshwari and Amitava Saha. It started as an online platform catering exclusively to baby and kids’ products and has grown into a large omni-channel retail network, with over 300 physical stores across India.

The company’s revenue model includes online retail, in-store purchases, and private label products. FirstCry’s customer base primarily includes parents and caregivers looking for trusted baby products, toys, and essentials. Its strong distribution network and curated selection make it a leading brand in the children’s product space.

7. BlackBuck

• Market Cap: ₹7,433 Cr
• Sector: Logistics
• Ticker Symbol: BLACKBUCK

BlackBuck, founded in 2015 by Rajesh Yabaji, Sanjay B, and Ramasubramaniam B, is a logistics tech company that connects shippers and truckers through its digital freight platform. The company aims to modernize trucking in India using technology and data.

BlackBuck operates a marketplace model, generating revenue through commissions on freight bookings and value-added services. Its customers include small businesses, large manufacturers, and logistics firms. By digitizing fleet operations and enabling transparent pricing, it simplifies transportation across India.

8. ixigo

• Market Cap: ₹5,652 Cr
• Sector: Travel Search
• Ticker Symbol: IXIGO

ixigo was founded in 2007 by Aloke Bajpai and Rajnish Kumar as a travel search engine that compares fares for flights, trains, buses, and hotels. It has become one of India’s top travel apps, particularly popular among railway travelers.

ixigo earns revenue from affiliate commissions, advertisements, and premium listings. It serves millions of users looking for affordable travel options. The company focuses on tier 2 and tier 3 cities, offering vernacular support and real-time travel data.

9. Awfis

• Market Cap: ₹4,492 Cr
• Sector: Co-working Spaces
• Ticker Symbol: AWFIS

Awfis was founded in 2015 by Amit Ramani to address India’s growing demand for flexible workspaces. It offers shared office spaces and meeting rooms on a pay-per-use and subscription basis across major Indian cities.

The company’s customer base includes startups, freelancers, SMEs, and corporates. Awfis generates revenue through monthly subscriptions, custom office solutions, and enterprise services. It combines real estate with technology to optimize office leasing and workspace management.

10. MobiKwik

• Market Cap: ₹1,939 Cr
• Sector: Digital Payments
• Ticker Symbol: MOBIKWIK

MobiKwik was launched in 2009 by Bipin Preet Singh and Upasana Taku as a mobile wallet for online payments. It later expanded to offer financial services like credit, insurance, and investment products.

The company serves individual users and small businesses with digital payment solutions, buy-now-pay-later products, and UPI services. MobiKwik earns from transaction fees, interest spreads, and financial product distribution. It aims to provide credit access to India’s digitally underserved segments.

11. Unicommerce

• Market Cap: ₹1,243 Cr
• Sector: E-commerce Solutions
• Ticker Symbol: UNIECOM

Unicommerce was founded in 2012 and is now a subsidiary of Info Edge. It provides SaaS-based order management and supply chain solutions for e-commerce sellers and brands across multiple platforms like Amazon, Flipkart, and Shopify.

The platform enables centralized inventory, shipping automation, and return management. Its revenue model is subscription-based. Clients include online retailers, D2C brands, and large FMCG companies managing multichannel operations efficiently.

12. TAC Security

• Market Cap: ₹1,227 Cr
• Sector: Cybersecurity
• Ticker Symbol: TAC

Founded in 2013 by Trishneet Arora, TAC Security is a cybersecurity company offering vulnerability management, risk assessment, and compliance services. Its flagship product ESOF (Enterprise Security in One Framework) helps organizations monitor threats in real-time.

TAC Security serves enterprises, government agencies, and financial institutions. Revenue is generated through licensing, consulting, and managed services. The company’s AI-driven platform positions it as an innovative leader in the cybersecurity space.

13. Trust Fintech

• Market Cap: ₹187 Cr
• Sector: Fintech
• Ticker Symbol: TRUST

Trust Fintech, based in Nagpur, specializes in core banking, digital lending, and regulatory tech solutions for NBFCs, microfinance firms, and cooperative banks. It was founded in the 1990s and has recently expanded its SaaS product line.

Its revenue model includes software licensing, maintenance, and cloud-based deployment. Customers rely on its banking suite for automation, analytics, and compliance. Trust Fintech’s niche focus on rural and semi-urban financial institutions helps bridge the tech gap in India’s financial ecosystem.

14. Menhood

• Market Cap: ₹162 Cr
• Sector: Men’s Grooming
• Ticker Symbol: MACOBSTECH

Menhood was founded to cater to India’s growing men’s personal care market, offering grooming products such as trimmers, body wash, and intimate care essentials. The brand has gained popularity for its bold messaging and modern design.

Menhood sells directly to consumers through its website and marketplaces like Amazon. Its customer base is largely young men aged 18–35. The brand’s D2C model helps it control pricing, branding, and customer experience effectively.

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