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Digitalization in India is expanding rapidly across cities, towns, and villages. Introduction of new technologies and high-speed internet is opening many new doors for employment.
Especially in the IT sector which generates about 8 percent of India’s GDP alone. Various schemes such as Digital India, start-up India, etc. have affected the age of digital technology positively on the economy as well as employment.
Many online platforms are offering various services and software products to corporates and customers and creating a new era of digital business in India. Here, we have come up with those online platforms that are growing impressively through providing purely digital business in India.
PaisaBazaar.com is India’s most popular online destination for all types of loans, credit cards, banking and investment knowledge and other finance related products and services. Since its beginning in early 2014, Paisabazaar has marked a noteworthy growth with an annualized loan disbursal rate of USD 1B.
PaisaBazaar.com has become India’s biggest portal for insurance comparison, analyzing various investments and mutual funds. This company has been funded by Tiger Global & Ribbit Capital, Naukri, and Intel Capital
Zoho is among the best SaaS providers in India that delivers a wide range of business, collaboration, and productivity applications. It has more than 20 million active users worldwide and over 33 products including CRM, office suite, project management, invoicing, email marketing, and social media management.
This SaaS platform provides Zoho Writer, Zoho CRM, Zoho Sheet, Zoho Show, Zoho Projects, Zoho Meeting and Zoho Creator to aid different requirements like support, collaboration, sales, marketing, finance and recruitment.
Agile CRM is one of the popular CRM SaaS companies which is serving the growing need of small businesses. Agile CRM is basically an end-to-end comprehensive CRM which assists small and medium scale businesses to manage their customer lifecycle through a single platform. It focuses on driving a sustainable and growing digital business.
IBSFintech is also a well-known SaaS provider that provides categorized financial software. It is basically designed to manage treasury, forex, and finances for corporations. IBSFintech helps both small and big scale companies to leverage the power of innovative financial solutions.
As a SaaS-based company, IBSFintech manages financial risks of a company by serving them quick insights. This SaaS tool helps users to analyze and decide how they can deploy their money that brings effective results in any digital business smoothly.
Freshworks is one of the growing SaaS-based companies that offer business with software services for customer engagement solutions. Freshdesk is its flagship product that makes it easy for sales, marketing and support executives to connect effectively and efficiently with customers for better services.
Freshworks is among Top software-based companies that is delivering great services for digitally-empowered businesses. This cloud-based suite is used by over 150,000+ businesses including Cisco, Zomato, Toshiba, and Hugo Boss. Freshworks has raised a sum of 484 USD in funding from investors.
VTION is a SaaS based media-tech company which focuses on solving key problems in the media-based ecosystem. VTION analyzes consumer behaviour and trends.
Users can generate analytics and filter data as well which helps to understand the pattern of customer behaviour. VTION has raised a sum of 36 INR funding in 1 round and this is funded by Angel List.
Facilio is a software company that uses Machine Learning (ML) and Internet of Things (IoT) to help businesses achieve sustainability, maintenance and streamlined operations.
It assists through providing effective digital services like channelizing business management with smarter, automatic and predictive facilities. In its early stage, Facilio has raised a sum of US$ 6.4 million funding in 1 round. This was a Series A round in Dec 2018.
Hippo Video leverages Artificial Intelligence (AI) and Machine Learning (ML) technologies to help businesses create, personalize, edit and offer actionable analytics for videos. Hippo Video has thousands of active users worldwide and is supported by KAE Capital and Sequoia Surge.
Paperflite is a sales enablement platform for marketers, business entities, enterprise and sales teams. It allows content curation from marketing and lines up the most befitting assets in real-time to sales teams and enables them to deliver the best pitch to their business prospects.
Paperlift offers better quality leads and empowers business to achieve targets using existing content in an effective way.
GROWW is an online investment platform which targets first-time investors who are interested in investing money in stocks and direct mutual funds in India. Headquartered in Bangalore, this platform allows investors to open their personal account and transact in mutual funds. Groww provides insights about systematic investment planning, mutual funds, equity-linked savings, and everything from the personal finance world.
This platform allows customers to invest in gold and US stocks as well. Groww has raised a sum of US$ 59.2 million in funding over 5 rounds and backed by the top investors in this company; Y Combinator Continuity Fund and Ribbit Capital.
Zerodha is a financial service company in India that provides retail, currencies, commodities trading, institutional broking, mutual funds, and bonds. Zerodha is India’s one of the biggest online investment platforms that allows various kinds of investment. This company develops software and tools for market research and data analysis well.