After the great response we received for our last article -- list of top 100 startups in 2013, we are now back with a bang! Here is the list of startups in India to look out for in 2014 – presented by SutraHR. In retrospect, 2013 saw a number of ingenious startups blooming across India. Some pushing the limits while some startups crumbling to dust. Nevertheless, with its highs and lows, the Indian startup scene has grabbed global eyeballs and continues to do so with many promising startups emerging. Along with expert inputs from Mr Waqar Azmi, CEO, Sutra Services, we've collated this list of ingenious startups that have made their mark on the startup fraternity of India.
1) We have listed out the top 100 startups based on:
Traction: How well these Indian startups are receiving a market validation for its business model. Basically, how well the consumers are taking to the product/service.
Potential Market: How big is the market share for the respective product/service. Will the product be welcomed with wide arms in the market or will it be just another not-so-great product.
Pedigree of the Team: The background and professional credentials of the startup's team members. Many of these listed startups are by IITians and past employees of big MNCs as well as professionals with a rich experience in the field.
Scalability: Even if the initial idea of the product/service is extraordinary, is there a chance for the business to grow? These startups have shown great potential and many have also received fundings, while others are not so far behind in line.
2) If you want to build a team for your startup, click here.
Disclaimer: We have worked with many startups mentioned in the list, and have built teams & hired extensively for them.