As we enter the third decade of the 21st century, India continues to make strides in the technological world, riding the wave of a global trend in startup innovations. Given the current pandemic’s influence, newly incepted startups are particularly noteworthy, as they have continued to thrive in challenging circumstances. These companies have forged new paths in their respective fields, showcasing the immense potential and adaptability of Indian startups. Today, we bring you a series of articles focused on the exciting young companies that began operating in 2020, shedding light on their journey, their goals, and the change they seek to bring within their sectors.
From consumer tech to food and beverage, and from healthcare to finance, these startups operate across a broad spectrum of industries. Having their headquarters in various regions, they collectively represent the diversity and potential inherent within the country’s vast startup ecosystem. Each brings new ideas, unique approaches, and innovative solutions to age-old problems, bridging gaps, and facilitating better ways of doing things in their respective fields. Let’s dive into their stories.
The following list includes some of the most promising startups of 2020, each with a unique vision and a compelling solution. We will look at what they do, who they are, and what they aim to achieve. Join us in celebrating these young establishments that are poised to make a difference in their respective domains.
Nothing is a London-based company operating in several fields, including consumer electronics, consumer software, and information technology. Its mission is to break barriers between people and technology by developing digital products and services. Founded in 2020 by Carl Pei and Akis Evangelidis, the company also designs a range of smart, connected consumer electronics, including wireless headphones.
Lavender is a New York-based startup focused on artificial intelligence, email marketing, and software. It is an AI email assistant that offers everything required to write emails that attract replies. Lavender uses data-driven AI technology to help sales representatives and account executives from major companies to increase email open rates and boost replies.
Based in Toronto, New School Foods operates in the food and beverage industry, focusing on providing plant-based seafood. It aims to promote a sustainable food system by offering delicious alternatives to traditional seafood. New School Foods creates plant-based seafood that mimics the texture, flavor, nutritional benefits, and cooking experience of conventional seafood.
Pearl Health, headquartered in New York, works toward improving healthcare by helping independent primary care providers revolutionize patient treatment. The startup uses data science to guide primary care providers to focus their attention on patients who need it most, pushing towards proactive care models that allow for better preventive care, more holistic treatments, and a more personalized healthcare experience.
Hailing from Bengaluru in India, Velocity is a fintech firm offering revenue-based financing to online businesses. The company aims to revolutionize banking and financial services for the new-age businesses of India. Founded by Abhiroop Medhekar, Atul Khichariya, and Saurav Swaroop in 2020, Velocity strives to shape the future of financial transactions.
Based in San Francisco, Fondo assists businesses with their bookkeeping needs and beyond. The company strives to help business owners build enduring enterprises by taking the workload off their plate, providing essential data for decision-making, and ensuring compliance with state and federal regulations.
Regie.ai is a GPT-3 powered SaaS platform based in San Francisco that allows users to create sales and marketing content. The company provides a suite of tools and integrations that enable better sales, marketing, and workplace communication.
Welcome Homes, a New York-based startup, simplifies the home building and buying process. The online platform streamlines the entire journey of new home construction from land selection to customization, ensuring homebuyers are aware of the costs and can live in the home they love.
Butter, based in San Francisco, provides a payment intelligence platform to address payment failures. Powered by machine learning, its recovery engine automates real-time decisions making its product significantly more effective.
Axelar Network, based in Waterloo, Canada, is a blockchain startup that is developing interoperability software to connect blockchain ecosystems, applications, and users. Launched in 2020 by Sergey Gorbunov and Georgios Vlachos, Axelar aims to break down barriers to cross-chain communication, enabling developers to build on the best blockchain platform for their needs.