11 Top Bangalore Startups to Watch in 2024

Last Updated: December 20, 2023 By Michaela Dale

In recent years, India has had explosive startup growth. Attracting entrepreneurs and innovators to take advantage of their blossoming startup scene. With top-tier talent as well as potential tax benefits, it is no surprise that Bangalore (Bengaluru), the center of India’s tech scene, is home to several fast-scaling companies.

From fintech to mobility, these are the top Bangalore startups to watch.

Learn how to launch your own company by reading our comprehensive guide on how to start a startup.

Best Startups in Bangalore, India

Every year, new startups pull to the forefront of their industry through exciting innovation, tech, and industry-disrupting business models. We’ve rounded up the most exciting Bangalore startups of 2024 that startup lovers, investors, and aspiring entrepreneurs should follow.

Disclaimer: With so many exciting startups launching and growing, we aren’t able to cover them all. Furthermore, the startups that are listed below are not officially ranked and are listed in no particular order.

1. Zolve

Industry: Fintech
Founders: Raghunandan G
Founded In: 2020
Funding: Debt Financing, $155.1 Million
Investors Include: Accel, Tiger Global Management, Lightspeed India Partners

Zolve is a fintech startup connecting non-US citizens with the financial services they need to thrive in the States. From opening a US checking account to securing an auto loan, Zolve has provided financial services to thousands of international users living in the United States through their neobanking platform.

2. MoneyTap

Industry: Fintech
Founders: Bala Parthasarathy, Kunal Verma, and Anuj Kacker
Founded In: 2015
Funding: $40.3 Million
Investors Include: MegaDelta Capital, RTP Global

MoneyTap is a fintech startup offering instant personal loans online up to Rs 5 Lakhs, roughly $6,000. The startup is partnered with several banks to make borrowing money quick and easy in over 40 cities across India. Plus, the personal lines of credit through MoneyTap are only charged interest on the amount spent.

3. Locus.sh

Industry: SaaS
Founders: Geet Garg, Nishith Rastogi
Founded In: 2015
Funding: $78.8 Million
Investors Include: Qualcomm Ventures, Tiger Global Management

Locus.sh is on a mission to improve the last-mile logistics sector by offering an operations management platform. Since its inception in 2015, the company has partnered with Unilever, Bluedart, and Nestle to improve the speed and accuracy of its delivery processes.

4. Wysa

Industry: Healthcare
Founders: Jo Aggarwal, Ramakant Vempati
Founded In: 2015
Funding: N/A
Investors Include: Zurich Insurance Group, Kae Capital

Leveraging the power of software and AI, Wysa provides a platform for employees and patients to receive mental health care and stress management. On the platform, users can interact with therapists via message or explore an extensive collection of self-help tools and resources. Plus, the startup has included an AI chatbot to flag high-risk groups.

5. Vahan

Industry: Artificial Intelligence (AI)
Founders: Madhav Krishna, Mohammed Abdoolcarim
Founded In: 2016
Funding: ₹590 Million ($7.1 Million)
Investors Include: Khosla Ventures, Airtel, Pareto Holdings

Vahan is a comprehensive sales tool for increased productivity and organization. With their AI virtual assistant, field sales teams can gain training, conduct reporting, and log data. Plus, business owners and managers can track progress on the platform’s virtual dashboard.

6. Groww

Industry: Fintech
Founders: Harsh Jain, Ishan Bansal Dean, Lalit Keshre, Neeraj Singh
Founded In: 2017
Funding: $393.3 Million
Investors Include: Ribbit Capital, Propel VC, ICONIQ Growth

Groww is an investment platform for stockbroking and direct mutual funds. Geared toward novice investors, Groww offers a variety of investment services, from equity-linked savings to resources about mutual funds, making investing more simple and transparent.

7. BIK

Industry: Martech
Founders: Ashutosh Singla, Sonakshi Nathani
Founded In: 2019
Funding: $2.9 Million
Investors Include: Bossanova Investimentos, Peak XV Partners

BIK combines digital marketing and software to deliver an ROI-focused marketing platform. Geared towards ecommerce startups, BIK’s platform allows users to conduct targeted marketing campaigns using data-backed insights and tools from chatbots to a built-in CRM.

8. Zoomcar

Industry: Mobility
Founders: David Back, Greg Moran
Founded In: 2013
Funding: $287.2 Million
Investors Include: Sequoia Capital, Trifecta Capital

Zoomcar is a carshare marketplace available in India, Vietnam, Indonesia, and Egypt, with over 20,000 vehicles on its platform. Customers can rent cars on the platform by the hour, day, week, or even month. The entire process is digital, from payment to driver safety monitoring.

9. Ather Energy

Industry: Mobility
Founders: Swapnil Jain, Tarun Mehta
Founded In: 2013
Funding: $450.5 Million
Investors Include: Tiger Global Management, Hero MotoCorp

Ather Energy manufactures electric scooters, offering an extensive electric charging network called Ather Grid with over 14,000 chargers available. The company covers the experience from start to finish with roadside assistance, battery protection, and security services.

10. Dunzo

Industry: Mobility
Founders: Bogdan Djukic, Fabrizio Ugo Scelsi, Thomas von der Ohe
Founded In: 2018
Funding: $457.6 Million
Investors Include: Google, Alteria Capital

Dunzo connects app users to nearby delivery partners to deliver everything from medications to groceries. Plus, the company offers small to mid-sized businesses a suite of digital tools to streamline operations and increase ecommerce sales.

11. NestAway

Industry: Real Estate
Founders: Amarendra Sahu, Deepak Dhar, Jitendra Jagadev, Smruti Parida
Founded In: 2015
Funding: $109.1 Million
Investors Include: Tiger Global Management, GS Growth

NestAway is a home rental platform available in Indian cities that enables users to find, apply, and move into rental homes. The platform also allows users to manage the rental process by paying rent, requesting maintenance, and facilitating a move-out.