Top 10 Chennai Startups

Taskade brings your team tasks, notes, and communication into one unified workspace, to help your team get work done together, faster, and smarter: https://www.taskade.com/signup Offer code: BWM

In today’s video, we look at top 10 Indian startups based in the city of Chennai.

0:00 Intro
0:34 Sponsor: Taskade
1:02 10 - Planys Technologies
1:45 9 - The ePlane Company
2:39 8 - Guardian Link
3:29 7 - Agnikul Cosmos
4:16 6 - Mad Street Den
5:47 5 - Wiz Frieght
6:44 4 - WayCool
7:34 3 - M2P Fintech
8:42 2 - CredAvenue
9:24 Sponsor: Taskade
12:17 1 - Chargebee

10 - Planys TechnologiesPlanys Technologies: Rakesh Sirikonda, Tanuj Jhunjhunwala, and Vineet Upadhyay started Planys Technologies in 2015. Company provides its customers with underwater robotic inspections using their indigenously manufactured remotely operated vehicles, or ROVs. Company has raised $4.1 million from their investors till date.

9 - The ePlane Company: IIT-Madras professor Satya Chakravarthy founded The ePlane Company back in 2019, with his student, to solve the problem of Traffic. They’re building an electric compact flying taxi called the e200. Company has already begun testing the scaled down version of this ePlane and they have till now raised $6 million from their investors.

8 - Guardian Link: Arjun Reddy, Kameshwaran Elangovan, Keyur Patel, and Ramkumar Subramaniam founded Guardian Link in 2016, to enable their customers to build their own NFT marketplaces using the startup’s APIs. Startup is already supporting more than 40 branded NFT marketplaces globally. After bootstrapping the startup for five years, they finally raised $12 million in 2021 from Kalaari Capital.

7 - Agnikul Cosmos: Srinath Ravichandran and Moin SPM founded Agnikul Cosmos with a mission to democratize space by building their own customisable rocket called Agnibaan. This rocket can launch small satellites weighing up to 100 kg into space. Company is expected to launch their first rocket into space some time in 2022. They have so far raised $14.5 million from their investors.

6 - Mad Street Den: Founded in 2013 by husband-wife duo Anand Chandrasekaran and Ashwini Asokan, Mad Street Den was started to capitalise on the e-commerce boom that was happening at the time. Company helps E-commerce platforms manage their SKUs. After spending two years researching and building their AI and computer vision technology from scratch in India, they launched their flagship product Vue.ai in 2016 in the US. So far, they have raised $21.2 million from their investors.

5 - Wiz Frieght: Founded by Ramkumar Govindarajan and Ramkumar Ramachandran in 2020, Wiz Freight is simplifying the process of booking and managing cross-borders shipments for importers and exporters. With a network of over 2,000 vendors and carriers, Wiz Freight is helping more than 1,500 enterprises to ship their products. Till now, their investors have poured in $42.5 million into the startup.

4 - WayCool: Founded by Karthik Jayaraman and Sanjay Dasari in 2015, WayCool started its journey as a B2C food supply chain startup called SunnyBee. They decided to pivot to a farm to fork B2B business model in 2017. WayCool has enabled more than 100,000 customers to gain access to fresh fruits and vegetables till now, also supporting 85,000 at the same time. To date, their investors have poured in $221.5 million into the startup.

3 - M2P Fintech: Founded by Madhusudanan R, Muthukumar A and Prabhu R in 2014, M2P Fintech is building next-generation fintech and neo banking products. Currently, more than 30 banks and over 500 fintech startups across Asia and Africa are working with M2P Fintech, including fintech startups like NiYO Solutions, Jupiter, Uni Cards, Slice, CRED, and RazorPay. Till now, their investors have poured in $107 million into the startup – valuing them at $605 million.

2 - CredAvenue: Founded by Gaurav Kumar in 2020, CredAvenue is offering a platform for businesses and enterprises to secure debt from banks and other financial institutions. With more than 2,300 corporates, 450 enterprises and 750 lenders on their platform – CredAvenue has already facilitated loans worth $10.5 billion. To date, their investors have poured in $226.7 million into the startup.

1 - Chargebee: Krish Subramanian, Rajaraman Santhanam, Thiyagarajan Thiyagu and Saravanan KP started Chargebee in 2011 to solve the problem of recurring billing and payment subscriptions for SaaS startups. Today, Chargebee has more than 3,000 customers, a majority of which come from the US and Europe. To date, the startup has raised $468.2 million from their investors – valuing them at $3.5 billion.

Follow Backstage with Millionaires to remain updated with our latest developments.
LinkedIn:   / backstagewithmillionaires  
Twitter:   / bwmillionaires  
Instagram:   / backstagewithmillionaires  
Discord:   / discord  

#chennai #startup #backstagewithmillionaires