Uttar Pradesh, one of India’s largest and most populous states, has witnessed a surge in entrepreneurial activities in recent years. With a conducive environment for startups, government initiatives and a growing pool of talent, Uttar Pradesh has emerged as a hotbed for innovation and entrepreneurship. In this blog post, we will explore the top 10 growing startups of Uttar Pradesh in the year 2024.
1) Classplus
Classplus is a mobile-first SaaS platform that allows 3000+ tutors to automate their curriculum and operations. It helps new students reach their targets and achieve their goals.
Details of the startup:
- Started in: 2018
- Founders: Bhaswat Agarwal, Bikash Dash, Mukul Rustagi, Nikhil Goel, Vatsal Rustagi
- Industries: B2B, E-Learning, EdTech, Education, Mobile Apps, SaaS, Software
- Number of employees: 101-200
- Funding: $89,506,451
- Funding rounds: 10
- Number of investors: 20 (Sequoia Capital India, Kunal Shah, Tiger Global Management, GSV Ventures, RTP Global)
2) Paytm
India’s most loved payment app Paytm. Recharge, pay bills, flights, hotels, rent, food, clothes open a savings account and invest also.
Paytm is a payment gateway that allows users and businesses to make payments.
Details of the startup:
- Started in: 2010
- Founders: Akshay Khanna, Vijay Shekhar Sharma
- Industries: E-Commerce, Finance, Financial Services, Internet, Mobile Apps, Mobile Payments
- Number of employees: 501-1000
- Funding: $32,448,851
- Funding rounds: 4
- Number of investors: 4 (Vijay Shekhar Sharma, K2 Global, Investopad, One97 Mobility Fund)
3) Pine Labs
Pine Labs is a merchant commerce platform that offers merchants funding and technology for last-mile retail transactions.
made for those who made it possible. Pine Labs offers a merchant platform that includes technology and financial solutions for merchants to help them increase their revenue, reduce the cost and complexity of running a business, and manage the risks involved. The company connects financial institutions and consumer brands to empower merchants to deliver value to their retail customers.
Details of the startup:
- Started in: 1998
- Founders: Rajul Garg, Tarun Upaday
- Industries: Financial Services, FinTech, Information Technology, Payments
- Number of employees: 1001-5000
- Funding: $423,238,799
- Funding rounds: 8
- Number of investors: 15 (Sequoia Capital India, Temasek Holdings, Flipkart, Mastercard, PayPal Ventures)
4) FabAlley
FabAlley is an online fashion company that specializes in women’s clothing.
Noida-based FabAlley is an Internet-first brand for women’s fashion. Started out by providing curated accessories including jewellery, shoes and bags. Offers fast fashion clothing as per the latest trends globally and in India.
Details of the startup:
- Started in: 2012
- Founders: Shivani Poddar, Tanvi Malik
- Industries: E-Commerce, Fashion, Lifestyle, Women’s
- Number of employees: 101-250
- Funding: $18,658,274
- Funding rounds: 8
- Number of investors: 18 (Indian Angel Network, SAIF Partners, India Quotient, Elevation Capital, Orios Venture Partners)
5) Lava International Limited
Lava International Limited adheres to the highest standards of moral and professional ethics. Lava International Ltd (stylized as LΛVΛ) is an Indian multinational technology company that manufactures smartphones, laptops, computer hardware and consumer electronics
Details of the startup:
- Started in: 2009
- Founders: Shailendra Nath Rai, Sunil Bhalla, Vishal Sehgal
- Industries: Consumer Electronics, Mobile, Telecommunications
- Number of employees: 501-1000
- Funding: $90,000,000
- Funding rounds: 1
- Number of investors: 1 (The Global Emerging Markets Group)
7) Gradeup
grade up says sahi preparation hai to life set hai.
As said educating a man means educating a single body but educating a female means educating a whole family. we provide the best education facilities to our students that help them to solve all their problems.
India’s largest and most effective competitive test preparation site.
Details of the startup:
- Started in: 2015
- Founders: Sanjeev Kumar, Shobhit Bhatnagar, Vibhu Bhushan
- Industries: Education, Mobile, Online Portals
- Number of employees: 501-1000
- Funding: $10,020,000
- Funding rounds: 5
- Number of investors: 2 (Times Internet, TLabs)
8) Physics wallah
” physics wallah typically refers to an online platform or educational resources, often associated with teaching concept. physics wallah is an online platform founded by Alakh Pandey, known for providing video lectures and study material for physics subjects. it’s popular among students for its comprehensive content and accessibility.
Details of startups
- Started in: 2014
- Founders: Alakh Pandey and Parteek Maheshwari
- Industries: Education, Mobile, Online Portals
- Number of employees: 12000
- Funding: $100
- Number Of Investor : 4
9)LOHUM
The world’s sustainable Lithium Ion battery material company, recycling, repurposing & refining to shape a greener, cleaner future for energy storage.
Most of the lithium that goes into the batteries of electric vehicles is being extracted through activities that are harmful for the environment. Poisoning our water, Air, Soil, Health, Infrastructures.
Unfortunately, This is not just lithium it’s the same for other rare minerals that are mined from the earth like Cobalt, Nickel, and Graphite. This is where Lohum comes in.
Details of Startups
- Started in: 2018
- Founders: Rajat Verma
- Industries: cleantake private limited
- Number of employees: 51-70
- Funding: $75000
- Number Of Investor : 19
10)PHOOL
Every single day more than a thousand tons of flowers are thrown into the Ganga , Yamuna River and these flowers contain toxic wastes like Arsenic, Lead, Cadmium, and Pesticides and the thing is even though this is a massive ecological problem and it’s also an issue for people who live next to the river and animals that live in the river. No one was really questioning this temple waste as a source of pollution.
So, this startup collects flower waste from outside of temples, takes the flowers petals, sorts them by color, turns them into powder, mixes them with water and then presses them into incense sticks.
Details of startups
- Started in: 2017
- Founders: Ankit Agarawal, Prateek kumar
- Industries: Recycling Industries
- Number of employees: 236
- Funding: 12.7M