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Fastest Growing Startups in 2024

Make In India Initiative: Boosting Fastest Growing Startups in 2024
To have your own business is the dream of every individual. However, it is not easy to set up your startup as many factors need to be kept in mind. Through this article, we will share the list of those startups that combated numerous challenges but never gave up and are known to be the fastest-growing startups. This content is purely based on the information of Fastest Growing Startup In India 2024 along with the details of existing startups in India as well as new startups. As we all know, India is moving towards the fastest-growing major economy in the world. The vision of India is to lead the 2024 market along with generating employment within the country. 

By keeping this vision in mind, the Central government launched the initiative of “Make In India” in September 2014. The primary vision behind this initiative is to build an ecosystem that promotes the growth of startups while also driving long-term economic growth and producing large-scale employment. Here is the list of the top 10 “Fastest Growing Startups In India 2024” who are contributing to economic growth and transforming the business industry in India. But don’t forget to read about other new startups in India that have been recently launched. 

Top 10 Fastest Growing Startup In India 2024

1. Zepto
It is an Indian Q-commerce company that laid its foundation in 2021. The two drop-outs of Stanford University, Kaivalya Vohra and Aadit Palicha started the company to bring a rapid revolution in the food and grocery delivery industry. Soon the startup turned into the first Indian unicorn of 2023 after raising $200 million in August. As of now, this startup in India provides its services across 10 cities in India. This startup deserves to be on the list of “Fastest Growing Startup in India 2024”.
Headquarters: Mumbai 
Established: 2021
Revenue: Rs 2,024 Crore

2. Udaan
In 2016, Flipkart veterans Vaibhav Gupta, Sujeet Kumar and Amod Malviya laid the foundation of Hiveloop Technology. Udaan is the product of Hiveloop Technology which does B2B business. The startup in India picks up products from sellers and manufacturers in 800-100 cities and delivers across 800-900 towns and cities. Udaan is among the fastest-growing startups in India with a valuation of $3.1 billion. 
Headquarters: Bengaluru 
Established: 2016
Revenue: Rs 5, 629 Crore

3. CRED
Kunal Shah, founder of CRED laid down the foundation of this startup in India with a vision to address the issue of credit card debt while providing users with a premium experience. This startup permits users to manage their credit cards, pay bills and earn rewards. This startup brought a revolution in the credit card industry and took no time to be known as one of the fastest growing startups in India. This startup in India has raised over $800 million in funding and is valued at over $4 billion.
Headquarters: Bengaluru 
Established: 2018
Revenue: Rs 1,484 Crore
Fastest Growing Startups in 2024
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Fastest Growing Startups in 2024

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