10 Best Startup Ideas in India 2021 (Meatable, MasterClass, and more)

Meatable may seem like something out of a science fiction movie. The company sells lab-grown meat (also called cultured meat) manufactured using cruelty-free technologies. They take cells from an unharmed pig or cow and replicate the natural process of fat and muscle growth in a lab.

The process is also sustainable for the environment. Meatable is backed by eight investors so far. It raised $47 million in March 2021 from early stage venture capital funding. India has a population of 1.3 billion. A sustainable product like cultured meat or plant-based meat alternatives will attract the attention of a lot of investors.

FreshMenu is a food-tech startup that prepares and delivers food on its own. They operate in four cities in India from hyperlocal kitchens spread throughout a city. The secret of their success is that they change the menu every day. Customers won't get bored eating the same food every day and compel them to order food more frequently than before.

So far, FreshMenu has raised $25.8 million over seven rounds of funding. There are not many food or food tech companies in India that have adopted such a business idea. If you are interested in the idea of "a different menu every day", buy a few pre-owned trucks and convert them to kitchens. You can send these trucks to hot spots in a city like tech parks, colleges, tourist spots, etc.

India is on a journey to become the tech hub of the world. For companies to stay afloat, optimizing customer experience is crucial. Observe.AI uses artificial intelligence to analyze agent-customer conversations, evaluate agents, and coach them to use the best practices to increase conversion rate.

The software eliminates the need for a soft skills trainer or a call quality analyst in a company. For example, Observe.AI uses SpeechNLP to detect the tone of voice and sentiment and provide coaching to agents if any improvement is required. They also have the technology to detect sensitive customer data and automatically redact it from audio and text transcripts.

Observe.AI managed to impress some popular companies like Microsoft and Tripadvisor. Top venture capital companies like Y Combinator, Scale Venture Partners, and Nexus Venture Partners have shares in this company.

The idea of using used clothing and accessories may not seem appealing to everyone. The Luxury Closet is an online boutique that sells new and, what they call pre-loved items, for huge discounts. It has received over $44.7 million from investors over several rounds of funding, which proves the tremendous potential of the business.

Luxury brands usually dump or destroy unsold and flawed items. You could get into an agreement with a luxury brand in India to become a recognized seller of such items. You could open a shop in a physical location and run an online store together.

MasterClass provides video-based online vocational courses. Unlike many other online course providers, MasterClass courses are taught by celebrities. For example, there is an acting class by veteran actor Samuel L. Jackson, a cooking class by celebrity chef Gordon Ramsay, and a singing class by Christina Aguilera.

A platform like MasterClass with Indian celebrities will see subscriptions increasing exponentially. Imagine being taught film direction by Sanjay Leela Bansali or fashion designing by Manish Malhotra. You will definitely need a passionate crew and a lot of capital. We recommend creating a business plan and looking for investors because this business idea is poised for success.

Kisan Network has the power to revolutionize the agricultural sector of India. The company provides an online supply chain platform that allows rural farmers to sell their produce directly to institutional buyers/businesses. They offer services such as sorting, grading, packaging, and delivery.

India is an agricultural country, and such technology has great growth potential. Investors like Y Combinator, Mistletoe, Thiel Foundation, Venture Highway, and more realized this and led them to invest copious amounts of money in this business.

Here is an opportunity for mechanical engineers to contribute to the environment and build a company with enormous growth potential—build green vehicles. Ultraviolette Automotive builds high-performance electric two-wheelers capable of rapid acceleration. In the Series B round of venture capital funding, the company raised Rs 30 crores.

A removable battery in electric two-wheeler vehicles is not a new concept. But the battery designed by the engineers at Ultraviolette is packed with tons of features that are sure to impress anyone.

Currently, Ultraviolette focuses on building electric two-wheelers. Its F77 is sure to make the young generation of India fans of electric vehicles—both because of the sporty design and performance. Got a new concept for a green vehicle? Build a team right now and create a compelling business plan.

Founded in 2016, Cult.fit managed to become a big name in the health and fitness industry in a very short time. They offer training programs for improving physical and mental health through their online platform as well as fitness centers. Fitness programs are not easy, and they are time-consuming. The company makes fitness fun and easy, which led to its quick success within a few years.

Buying a subscription gives users access to a vast collection of exercise, yoga, and meditation classes, nutrition plans, and many more. Investors know the potential of making fitness programs easily accessible through an app, which resulted in the company raising over $479.7 million in funding.

Good news for programming geeks and computer science graduates. If you are ready to spend time learning about blockchain technology, you could be doing some serious coding, creating apps, and maybe even a new cryptocurrency in no time. Because Java, C++, C#, Go, Python, and Solidity are some of the most popular blockchain programming languages.

Polygon (previously known as Matic Network) makes the adoption of blockchain networks easier for any project. More than 350 dapps use Polygon. The company has raised $450K so far from funding. Mostly from foreign investors. It's the technology of tomorrow, so a blockchain startup is worth your time and money.

Beco is a company that sells eco-friendly products made of plastic-free compostable materials. Their vision and mission revolve around the idea of helping the public contribute to the environment by providing them with eco-friendly and sustainable products. The company recently raised $537K from seed funding in July 2021.

With the general public becoming more and more environmentally conscious, the market for sustainable and recyclable products is booming. The reason behind the popularity of this niche market is that a business could be hyper-local but still be successful.

You can sell your products through a retail shop or become a seller on any number of e-commerce websites you like. The process is extremely simple. Nowadays, it is easier to start an e-commerce website on your own, enabling you to sell products without a middleman. If your idea is unique, we recommend creating a business plan and do the necessary to get on the radar of investors.