Looking for promising startup ideas in India? This blog explores a range of innovative and lucrative business opportunities that are trending in the Indian market. From e-commerce ventures and digital marketing agencies to organic farming and food trucks, discover exciting startup ideas with low investment requirements and a high potential for success in India’s dynamic business landscape.
Why should you Start a Business in India?
On this page:
- Why should you Start a Business in India?
- Number of Government Recognized Startups from Financial Year 2016 to 2022
- List of Top 30 Startup Ideas in India
- 1. Affiliate Marketing
- 2. Blogging
- 3. Edtech Business
- 4. Dropshipping
- 5. Social Media Marketing Services
- 6. Start a YouTube Channel
- 7. Graphic Designer
- 8. Photography
- 9. Handmade Soaps
- 10. Baking
- 11. Catering Business
- 12. Travel Agency
- 13. Print-on-Demand Business
- 14. Courier Services
- 15. Reselling
- 16. Coaching Business
- 17. Flower Business
- 18. Interior Designing
- 19. Fitness Center
- 20. Event Organizer
- 21. Real Estate Agent
- 22. Cloud Kitchen
- 23. Juice Corner
- 24. App Development
- 25. Aquarium and Fish Business
- 26. E-commerce Store
- 27. Online Course Creator
- 28. Organic Farming
- 29. Food Truck Business
- 30. Buy Wholesale Products & Sell Online
- Top Schemes for Startups in India
- Conclusion
- FAQs
India’s proactive business policies have fostered a favorable environment for foreign investments, businesses, and startups. These policies have stimulated various industries and contributed to the dynamic growth of the Indian economy. Starting a business in India presents several advantages, including access to one of the world’s fastest-growing economies. With a large population and expansive market potential, coupled with the available opportunities throughout the country, India offers a promising landscape for entrepreneurial endeavors.
key Insights Related to Indian Startup Ecosystem.
Value of startup funding | 25.2bn USD |
Sector with most number of funding deals | E-commerce |
The city with the highest funding deals for startups | Begaluru |
Number of Government Recognized Startups from Financial Year 2016 to 2022
Year | Startups Recognized |
---|---|
2016 | 471 |
2017 | 5,233 |
2018 | 8,775 |
2019 | 11,417 |
2020 | 14,596 |
2021 | 20,160 |
2022 | 19,500 |
List of Top 30 Startup Ideas in India
1. Affiliate Marketing
Affiliate marketing has become a popular marketing strategy utilized by brands worldwide, allowing individuals to earn commissions by promoting and selling products for businesses. This startup venture can be efficiently conducted online, primarily through social media. By endorsing products and sharing affiliate links, individuals can earn a commission for every successful purchase made through their referrals.
Many e-commerce websites and companies have established affiliate programs to drive their sales. By joining programs such as Flipkart or the Amazon Affiliate Program, individuals can choose from a wide range of products to promote and share affiliate links across various platforms. A percentage of the commission is credited to the affiliate marketer’s account whenever a consumer takes action through an affiliate link.
Insights
Skills Required | Having good Problem Solving, Decision-making skills and little technical knowledge is a Plus. |
Average Earnings | ₹2.5 LPA (Glassdoor) |
Time Needed | Flexible ( The more time you give more money you will get back home) |
Useful Resources | EarnKaro (Affiliate Marketing Platform), Voluum (Tracking Tool), Google Analytics ( Traffic Analysis Tool), Pretty Links (Link Clocking Tools) |
2. Blogging
Are you passionate about writing and eager to share your thoughts and experiences with others? If that’s the case, blogging could be your ideal startup idea!
Gone are the days when blogs were online diaries. Nowadays, blogs are influential marketing tools and can generate income through sponsored posts, advertisements, and product sales.
However, before you can start monetizing your blog, it’s crucial to cultivate a loyal audience that values and engages with your content. By prioritizing delivering valuable information to your readers and fostering a sense of community that resonates with your message, you’ll set yourself on the path to success.
Insights
Skills Required | Research skills, SEO knowledge, Creativity, Editing and proofreading, Time management, Adaptability |
Average Earnings | ₹3 LPA (AmbitionBox) |
Time Needed | Flexible (You can Devote as much time as possible to Writing Blogs) |
Useful Resources | EarnKaro (Affiliate Marketing Platform to Monetize blogs), Google Analytics ( Traffic Analysis Tool), WordPress, Wix, blogger (Website Builder CMS), and Ahref (Keywords & Topic research) |
3. Edtech Business
The education technology (EdTech) industry is rapidly growing in India, presenting a lucrative opportunity for entrepreneurs to establish their educational centres. This emerging trend makes it one of the most promising business ideas for the coming years. Individuals can either buy an established educational brand franchise or start an independent learning centre. With a high demand for coaching centres, pre-schools, and educational institutions, the potential for success is significant.
Securing funding from investors is crucial to kickstart the business. Choosing a suitable location for the learning centre, preferably in a well-connected area, is essential to ensure accessibility and convenience for students and parents.
To build credibility for the learning centre, hiring well-qualified and certified educators is vital. Additionally, arranging the necessary educational equipment and resources is crucial to run the business smoothly.
Before launching the learning centre, advertising and promotional efforts should be made to attract potential customers. Effective marketing strategies can create awareness and generate interest in the centre’s offerings, driving enrollment and business growth.
Insights
Skills Required | Educational expertise, Technology proficiency, Instructional design, Content creation and curation, Market research and analysis, Business and project management, Marketing and customer acquisition, Data analysis and assessment, Communication and Collaboration |
Average Earnings | Unlimited |
Time Needed | 5 to 6 hours/day |
Useful Resources | – |
4. Dropshipping
A viable startup idea is dropshipping, which involves a unique order fulfilment process where you don’t need to maintain inventory of the products you sell. Instead, when you receive an order, you purchase the items from a merchant or supplier who then directly ships them to the customer.
When executed effectively, dropshipping can be a profitable venture. It requires minimal upfront investment to set up and operate. However, it can initially present challenges as you establish your online store and customer service infrastructure and identify reliable and reputable merchants to partner with before experiencing a steady income stream.
Insights
Skills Required | Product research, E-commerce knowledge, Marketing skills, Customer service, Analytical skills, Communication skills, Financial management, Time management |
Average Earnings | ₹1 to ₹4 LPA |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Shopify (Online website builder), Oberlo (Dropshipping Plugin), WooCommerce (Ecommerce Plugin for WordPress) SaleHoo (Directory of Wholesale companies). |
5. Social Media Marketing Services
Social media has revolutionized how businesses operate, offering unique opportunities for growth and promotion through digital marketing. As a result, there is a growing demand for social media experts who can effectively handle company promotions and engagement on various platforms.
To establish a successful social media marketing (SMM) company, staying updated with the latest trends and possessing strong lead management skills is crucial. A customer relationship management (CRM) tool can help analyze data and facilitate effective client communication.
Utilizing an integrated sales and marketing tool can kickstart your business at a minimal cost. Many such tools offer a free trial, allowing you to explore their features before committing to a paid plan. Social media marketing presents an excellent startup idea in India, as it requires relatively low investments while offering significant growth potential.
Insights
Skills Required | Communication skills, Marketing skills, Writing skills, Analytics skills, Creativity, Customer service, Tech-savvy |
Average Earnings | ₹4 LPA (AmbitionBox) |
Time Needed | There is no time limit. You can utilize as much time as possible on social media. |
Useful Resources | Hootsuite & Social Pilot (Social Media Management Tools), keyword tool (Hashtag Research) |
6. Start a YouTube Channel
YouTube has become a thriving community for creative individuals, offering an excellent platform for those seeking great returns on investment with minimal upfront costs.
The beauty of YouTube is that it allows you to upload videos for free and provides opportunities for monetization if your channel gains popularity. You can upload videos of various types catering to your specific niche or area of interest.
To maximize your success on YouTube, you must analyze your target audience and create content that resonates with them. By understanding their preferences and needs, you can produce engaging and valuable videos that attract viewers.
Your channel will gradually grow as you consistently upload quality content, attracting loyal subscribers who eagerly anticipate your videos. With an expanding subscriber base and increasing views, you can generate revenue through various monetization methods offered by YouTube, such as advertisements, brand partnerships, and merchandise sales.
Insights
Skills Required | It majorly requires skills such as content creation but also requires acting, singing or voiceover skills in some cases. |
Average Earnings | Unlimited |
Time Needed | 2 – 8 Hours/Day |
Useful Resources | YouTube Studio, TubeBuddy (Analytics and SEO Tools), Social Blade (Social media analytics), Adobe (Video Editing Software), VistaCreate & Canva (graphic design tool), keyword tool (Hashtag Research), Epidemic Sound & Artlist (Music and Sound Effects Libraries) |
7. Graphic Designer
If you possess a natural talent for graphic design, you can turn it into a rewarding career with minimal investment. All you need is photo editing software, which can be purchased or even accessed for free through various apps. Initially, you can promote your services using paid social media advertisements or leverage free photo editing apps.
To differentiate yourself from the competition, focus on creating visually striking and distinctive graphics that leave a lasting impact on viewers. Aim for designs that captivate and engage users, setting you apart as a skilled designer. As you establish yourself as an expert in the field, you can begin offering your services to brands and organizations, generating income from your graphic design work.
Insights
Skills Required | Creativity, Design software proficiency, Typography, Color Theory, Attention to detail, Communication skills, Visual composition, Understanding of design principles |
Average Earnings | ₹3 LPA (AmbitionBox) |
Time Needed | 2 to 3 Hours / Day |
Useful Resources | Fiverr (For Searching Side Video Editing Projects) |
8. Photography
If you have a passion for capturing moments and possess a creative eye, then photography is an ideal career option for you.
Photographers are in high demand both for personal and professional purposes. To kickstart your photography business, it’s important to invest time in building your online portfolio and establishing a presence on freelance platforms to attract potential clients. Additionally, collaborating with professional photography organizations can provide instant opportunities to showcase your skills and gain exposure.
Insights
Skills Required | knowledge of composition, lighting, colour theory, and editing software. Proficiency in camera operation, aperture and shutter speed settings. |
Average Earnings | ₹4.3 LPA (AmbitionBox) |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Glassdoor, Naukri, Indeed (for finding work), Adobe Creative Cloud (suite of tools for photographers), PetaPixel (news, reviews, and tutorials on photography) |
9. Handmade Soaps
Running a home-based business with low investment can be incredibly rewarding, especially in the current trend of organic skincare and bath essentials.
Promoting your organic handmade soaps can be achieved by leveraging multiple social media platforms. Utilize these platforms to showcase your products, create engaging videos that document the soap-making process for authenticity, and feature customer feedback on your website.
To establish a robust online presence, it’s essential to have a visually appealing and user-friendly website. Invest your creativity in designing a website that highlights the uniqueness of your products and reflects your brand identity. Additionally, positive ratings and reviews from satisfied customers can significantly enhance the credibility of your products and attract more potential buyers.
Insights
Skills Required | There is no need for specific skills, anyone can create homemade products and sell them in marketplaces |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Etsy & Handmade at Amazon (online marketplace), Handmadeology (resources, tips, and tutorials), Handmade Artists Forum, A Beautiful Mess (craft and DIY blogs), YouTube (for more ideas and inspiration) |
10. Baking
If you have a passion for baking, it presents an excellent opportunity to start a business from the convenience of your home. Baking provides the flexibility of work and allows you to explore various avenues for income generation.
Apart from selling freshly baked goods like cookies, biscuits, and cakes, you can leverage your baking skills by offering baking classes. Platforms like Skillshare provide a platform for sharing your expertise and earning money through teaching.
To ensure the success of your baking business, it is essential to prioritize using high-quality ingredients and focus on creating visually appealing and delicious products. Presentation plays a vital role in attracting potential customers and retaining existing ones.
While starting a baking business, you must make a modest investment in purchasing essential equipment such as an oven and baking tools. However, this investment can yield significant returns with careful planning and efficient management.
Insights
Skills Required | Precision, Attention to Detail, Creativity, Time Management, Adaptability |
Average Earnings | ₹2.5 LPA (AmbitionBox) |
Time Needed | 2 to 3 Hours / Day |
Useful Resources | King Arthur Baking Company (for recipes, baking tips, and product reviews), YouTube (for following other bakers) |
11. Catering Business
Catering is a thriving business idea that will continue to gain momentum. It offers the potential for growth and expansion, even with a modest initial investment.
First, you can provide catering services to a limited area and gradually expand your customer base. With a small team, you can begin catering for events and gatherings, focusing on delivering high-quality and delicious food.
In the early stages, arranging the necessary utensils and kitchen equipment is essential to ensure smooth operations. As you receive more orders and demand increases, you can invest additional resources and manpower to scale up your business.
Securing investments from potential investors can provide the financial support needed for growth. Consider approaching investors interested in the food and hospitality industry to explore funding opportunities.
Before launching your catering business, completing the necessary legal formalities is crucial. Registering your business and obtaining the required licenses and permits from the government will ensure compliance with regulations and build trust with your clients.
Insights
Skills Required | Culinary Skills, Menu Planning, Time Management, Organizational Skills, Creativity and Flexibility |
Average Earnings | ₹3 LPA (Talent) |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | – |
12. Travel Agency
The travel industry in India has experienced remarkable growth in recent years, making it an attractive opportunity for aspiring travel entrepreneurs. With low investment requirements and the potential for high returns on investment, starting a travel business can be a lucrative venture.
The travel industry is known for its resilience and consistent demand throughout the year, making it a viable business opportunity anytime. By partnering with a host agency, you can expedite obtaining an IATA number, which is essential for operating in the travel industry. The host agency will also handle the backend functions, allowing you to focus on serving customers and growing your business.
As a travel entrepreneur, you will earn commissions based on the bookings and services you provide to your customers. This commission-based model allows for flexibility and scalability as your business expands. Building solid customer relationships and offering excellent travel experiences can attract more clients and increase your earnings.
Insights
Skills Required | Organization, Attention to detail, Communication, Customer service, Research, Cultural awareness, Time management, Knowledge of travel industry, Problem-solving |
Average Earnings | ₹2 LPA (AmbitionBox) |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | LinkedIn, Upwork, Glassdoor (for jobs) |
13. Print-on-Demand Business
Embarking on a print-on-demand business offers numerous advantages, especially the absence of inventory requirements. This flexible model allows you to customize and sell various products, including books, blankets, hoodies, T-shirts, watches, and more. Select a niche that aligns with your interests and expertise to start your venture.
Utilize your creative skills to design unique, appealing products that resonate with your target audience. With the help of print-on-demand companies or by self-managing the production process, you can establish an online store to showcase and sell your creations. Platforms like Etsy provide an ideal marketplace for reaching potential customers.
Insights
Skills Required | Graphic Design, Marketing and Branding, Product Selection, Print Production Knowledge, Attention to Detail, Business and Financial Management |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Printful, Printify, and Teespring (Print-On-Demand Platforms), Adobe Photoshop, Illustrator, or Canva (Design Tools), Shopify, WooCommerce, or BigCommerce (E-commerce Platforms), Amazon, Etsy, or eBay (Online Marketplaces) |
14. Courier Services
The courier business is gaining momentum as a promising business idea in India. This venture involves transporting goods, packages, messages, and emails from one location to another. Courier companies provide valuable services to clients and earn revenue through efficient delivery operations. To establish a successful courier business, certain key factors, including speed, package safety, and reliable tracking methods, contribute to its popularity.
Commencing the business requires essential resources such as vehicles, delivery personnel, logistics support, and professionals in accounting and legal matters. While the potential returns can be lucrative, it’s important to note that significant investments are often necessary to ensure smooth operations and maintain high service standards.
Insights
Skills Required | Time Management, Organization, Communication, Problem-Solving, Customer Service, Attention to Detail, Geographic Knowledge |
Average Earnings | Unlimited |
Time Needed | 7 to 8 Hours / Day |
Useful Resources | ShipStation, Onfleet, and Zippykind (Courier Software), Track-Trace, Parcel Monitor, or AfterShip (Delivery Tracking Tools), Fleetio, Samsara, and Geotab (Vehicle Tracking Systems), Uline, PackagingSupplies.com, or Packaging Price (Packaging Supplies), Stamps.com or Shippo (Shipping Labels and Printing Services) |
15. Reselling
The reselling business model has proven to be a lucrative opportunity for earning money. As a reseller, your role is to purchase and resell products to customers at a higher price, allowing you to generate a profit.
To start your reselling business, you can register on various apps and platforms like EarnKaro, Meesho, Glowroad, eBay, Shop101, and more. These platforms provide a marketplace where you can list the products you intend to resell. Interested buyers will then connect with you through these platforms.
Once a potential buyer expresses interest in a product, you can negotiate to determine a mutually agreed-upon price. It is essential to consider factors such as the market value of the product, your cost price, and the buyer’s willingness to pay. You and the buyer can benefit from the transaction by reaching a fair and acceptable price.
Insights
Skills Required | Research skills, SEO knowledge, Creativity, Editing and proofreading, Time management, Adaptability |
Average Earnings | Unlimited |
Time Needed | Flexible (You can Devote as much time as possible to Writing Blogs) |
Useful Resources | EarnKaro (Affiliate Marketing Platform to Monetize blogs), Google Analytics (Traffic Analysis Tool), WordPress, Wix, blogger (Website Builder CMS), and Ahref (Keywords & Topic research) |
16. Coaching Business
Starting a coaching business can be fulfilling and profitable for individuals passionate about teaching or excelling in a specific subject. Whether you specialize in academics, life, sports, or health coaching, there are several avenues to explore.
One option is establishing physical coaching classes where students can attend in-person sessions. This allows for direct interaction and personalized guidance. Alternatively, you can opt for online coaching classes, which offer flexibility and the ability to reach a broader audience.
As your coaching business gains traction and attracts more students, the income potential grows. It’s important to continually enhance your teaching skills, provide valuable content, and ensure a positive learning experience for your students. This can be done through regular assessments, progress tracking, and personalized feedback.
Insights
Skills Required | Active listening, Communication, Problem-solving, Goal setting, Time management, Emotional intelligence, Leadership, Business acumen, Continuous learning |
Average Earnings | ₹6 LPA (AmbitionBox) |
Time Needed | 4 to 5 Hours / Day |
Useful Resources | YouTube ( For Coaching Online) |
17. Flower Business
The flower business is an excellent startup opportunity in India, especially during high demand for weddings, parties, festivals, and other celebrations. If you are passionate about gardening, this business can be fulfilling and profitable.
To start, you can cultivate and grow flowers according to seasonal demands. It’s essential to understand the preferences of your target market and offer a variety of flowers to cater to different occasions. You can choose to collect flowers from cultivators and sell them or take it a step further by cultivating your flowers and selling them directly.
Insights
Skills Required | Knowledge of Floriculture, Floral Design, Sourcing and Procurement, Customer Service, Attention to Detail, Marketing and Sales, Creativity and Aesthetics |
Average Earnings | Unlimited |
Time Needed | 4 to 5 Hours / Day |
Useful Resources | – |
18. Interior Designing
With an increasing demand for modern kitchens, stylish home decorations, and unique interior designs, there is a vast market to cater to. Indian families take pride in decorating their homes with appealing colour schemes and trendy furnishings, creating a thriving opportunity for interior designers.
To succeed in this business, it is crucial to stay updated with the latest design trends and techniques. Building a solid network and collaborating with architectural and design firms can help you secure projects and gain credibility in the industry. Developing relationships with suppliers of modern furniture, lighting fixtures, and exquisite antiques can ensure access to quality products for your clients.
Insights
Skills Required | Creativity, Design Principles, Space Planning, Color and Material Knowledge, Technical Skills, Communication and Collaboration, Attention to Detail, Project Management |
Average Earnings | ₹3 LPA (AmbitionBox) |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Architectural Digest, Elle Decor, and Interior Design Magazine (Design Magazines and Books), Houzz, Pinterest, and Behance (Online Design Platforms), Design Milk and Apartment Therapy (Design Blogs), AutoCAD, SketchUp, or Adobe Creative Suite (Interior Design Software) |
19. Fitness Center
With the increasing focus on health and wellness, the demand for personal trainers, fitness coaches, and yoga instructors has surged recently. If you have a passion for fitness and relevant experience in this field, starting your coaching services can be rewarding and profitable.
As a personal trainer or fitness coach, you can offer customized workout plans and guidance on proper exercise techniques and motivate clients to achieve their fitness goals. Similarly, as a yoga instructor, you can provide yoga sessions, meditation practices, and holistic wellness guidance to enhance the well-being of your clients.
Insights
Skills Required | Knowledge of Exercise Science, Communication and Interpersonal Skills, Ability to Assess Fitness Levels, Program Design and Instruction, Monitoring and Progress Tracking, Safety and Injury Prevention |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | – |
20. Event Organizer
If you have a passion for parties and excellent communication skills, starting an event planning business could be a perfect fit for you. This exciting venture involves various responsibilities, including scouting venues, meeting with sponsors, coordinating activities, and being available round-the-clock.
To thrive in this business, it is essential to develop a robust online marketing strategy. Utilize social media platforms, create a professional website, and showcase your previous successful events to attract potential clients. Engaging content, eye-catching visuals, and client testimonials can help you stand out in the competitive event planning industry.
Insights
Skills Required | Organization, Communication, Creativity, Problem-solving, Budgeting, Time management |
Average Earnings | ₹3 LPA (Glassdoor) |
Time Needed | 4 to 6 Hours / Day |
Useful Resources | Eventbrite, Cvent, and Eventective (Event Planning Websites), The Event Planner’s Guide to Success” by Judy Allen (Event Planning Books), BizBash, and Skift Meetings (Event Industry Blogs), Eventbrite, Cvent, or Trello (Event Planning Software) |
21. Real Estate Agent
Becoming a real estate agent offers excellent profit potential, especially if you possess strong communication and networking skills.
Starting your real estate agency requires a relatively low budget, with an investment of as little as ₹10,000. As an agent, your primary responsibility is to assist clients in finding the ideal property to rent or purchase. Each successful transaction can yield a substantial commission.
Insights
Skills Required | Communication Skills, Sales Skills, Knowledge of the Real Estate Market, Customer Service, Networking |
Average Earnings | ₹3.2 LPA (Glassdoor) |
Time Needed | 4 to 6 Hours / Day |
Useful Resources | – |
22. Cloud Kitchen
Starting a cloud kitchen can be a profitable venture due to its lower costs, flexibility, and scalability. With the boom in online food delivery, targeting the growing market can be advantageous. Cloud kitchens offer efficient operations, access to customer data, and collaboration opportunities. They have shown resilience and adaptability, making them well-suited for changing market conditions. However, thorough research, a solid business plan, and a focus on quality and customer service are essential for success.
Insights
Skills Required | Culinary Skills, Menu Planning and Recipe Development, Food Safety and Hygiene, Food Safety and Hygiene, Organization and Inventory Management, Customer Service and Communication |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Zomato, Swiggy, Uber Eats (Cloud Kitchen Platforms), Square, Toast, and Lightspeed Restaurant (Online Ordering and POS Systems), ChefSolutions, Cookly, and Kitchen CUT (Recipe and Menu Management Tools), Food Safety and Standards Authority of India (FSSAI) (Food Safety and Hygiene Resources), Amazon (Kitchen Equipment and Supplies Suppliers) |
23. Juice Corner
With the increasing health consciousness among people, the demand for fresh juices as a healthier alternative to sugary drinks has grown. Starting a juice corner near gymnasiums, fitness parks, and hospitals can be a lucrative business idea. It is important to offer a diverse range of juices using seasonal fruits and ensure high quality and hygiene standards. By gaining the trust of the public and emphasizing the health benefits of your juices, your startup has the potential to succeed in this market.
Insights
Skills Required | No specific skills required |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | – |
24. App Development
If coding is your passion, you can leverage it to start a profitable business by venturing into mobile app development. With the increasing demand for innovative and user-friendly mobile apps, organizations and individuals are seeking skilled programmers like you. By offering your expertise in designing and developing unique and efficient mobile apps, you can turn your coding skills into a lucrative business opportunity.
Insights
Skills Required | Programming skills, Mobile operating system knowledge, Mobile app design, Cross-platform development, Mobile app testing, Cloud computing, User experience design, Agile development, Communication skills, Problem-solving skills |
Average Earnings | ₹4.3 LPA (AmbitionBox) |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Upwork, Naukri, Indeed (for finding work), Stack Overflow (Q&A site for coders and developers), GitHub (Code hosting and collaboration platform for developers), Google Design (Mobile app design guidelines and templates), Android Developer Documentation (official documentation for Android app development), Apple Developer Documentation (official documentation for iOS app development) |
25. Aquarium and Fish Business
Aquariums are an emerging startup business idea that has the potential to thrive. This business can be initiated with minimal investment and has the scope for future growth. As people increasingly recognize the Vaastu benefits of keeping fish aquariums in their homes and offices, the demand for them is on the rise. Even establishments such as hotels, restaurants, and guest houses are incorporating aquariums to attract customers. By curating a variety of fish and offering aquariums of different sizes, one can enter this business and potentially include other aquatic animals like tortoises. The profit margin in this business is quite high, making it an attractive opportunity.
Insights
Skills Required | Knowledge of Aquatic Life, Aquatic Health and Care, Customer Service, Business Management, Sales and Marketing |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Practical Fishkeeping and Tropical Fish Hobbyist (Aquarium Publications and Magazines), Fishforums.com, Aquariacentral.com, and Reef2Reef.com (Online Forums and Communities), eBay, Amazon, and Etsy (Online Retail Platforms) |
26. E-commerce Store
If you’re considering starting a business but are concerned about the expenses associated with a physical store, launching an e-commerce website is a cost-effective solution. With minimal investment, you can begin by offering a limited inventory. Utilize user-friendly e-commerce website builders to establish your online store and leverage social media and online marketplaces for product promotion. These platforms streamline order management, shipping, and online payment processing, making it convenient to run your business smoothly.
Insights
Skills Required | E-commerce knowledge, Digital marketing skills, Website management, Customer service, Financial management, Time management, Analytical skills, Communication skills |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Shopify (Online website builder), Oberlo ( Dropshipping Plugin), WooCommerce (Ecommerce Plugin for WordPress) |
27. Online Course Creator
The e-learning industry is thriving, with a strong demand for online courses. If you have expertise in a specific subject or topic, you can capitalize on this opportunity by creating and selling your online course. Online course platform availability has simplified the course creation and sales process. Additionally, technological advancements have provided accessible tools and equipment for designing high-quality courses. By leveraging these resources, you can establish yourself as an online course creator and tap into the growing market for e-learning content.
Insights
Skills Required | Familiarity with Website Design, SEO, Sales, Market Trends, Negotiation Skills, Organizational and Teaching Capabilities |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Fiverr (freelance projects), GitHub (Learn & Develop Codes), Freepik (Graphic Assets), Adobe Stock (Stock Footage), Unsplash (Stock Footage and Copyright-Free Images), Udemy (Skill Development), LinkedIn (Networking and Skill Development) |
28. Organic Farming
Starting organic farming offers several advantages, including promoting sustainable practices, tapping into the growing demand for organic products, providing nutritious and chemical-free food, connecting with local communities, and contributing to a more sustainable food system. Despite requiring initial investment and organic certification, the long-term benefits make it a worthwhile venture for those passionate about sustainable agriculture.
Insights
Skills Required | Knowledge of organic farming principles, Soil management, Crop selection and rotation, Pest and disease management, Composting and organic fertilizers, Weed management, Water management, Equipment operation and maintenance |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | eOrganic and National Sustainable Agriculture Information Service (ATTRA) (Online platforms and websites), The Organic Farmer’s Business Handbook by Richard Wiswalland and The Organic Farming Manual by Ann Larkin Hansen (Books and publications) |
29. Food Truck Business
The food truck industry is thriving due to the high demand for quick and convenient food options. Starting a food joint in a movable vehicle, commonly known as a food truck, is a popular and profitable business idea. Whether you own a suitable vehicle or invest in one through affordable EMI options, you can customize and transform it into an attractive food truck. This low-investment venture offers flexibility and allows you to cater to customers with busy lifestyles.
Insights
Skills Required | Culinary skills, Food safety and hygiene, Menu development and pricing, Business management and organization, Marketing and branding, Customer service and communication, Time management and multitasking |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | – |
30. Buy Wholesale Products & Sell Online
Sourcing wholesale products and selling them online can be a lucrative business opportunity. By identifying products that are in demand but not readily available in your region, you can purchase them from wholesalers and sell them online. Creating your own website or listing yourself as a seller on popular online platforms like Amazon, Flipkart and social media apps such as Instagram allows you to reach a wider customer base and generate income from the sales of these products.
Insights
Skills Required | Good Communication, sales, convincing & accounting skills |
Average Earnings | Unlimited |
Time Needed | 5 to 6 Hours / Day |
Useful Resources | Amazon Business, Snapdeal, Flipkart Seller, Meesho (online marketplaces) |
Top Schemes for Startups in India
1. Atal Innovation Mission (AIM)
In 2016, NITI Aayog introduced the Startup India Scheme and Atal Innovation Mission to promote innovation and support development in various economic sectors. The scheme provides a platform for collaboration among different stakeholders in the entrepreneurial sector. AIM, as part of the scheme, offers financial support of approximately ₹10 Crores over five years to selected companies. The scheme welcomes applications from emerging organizations in sectors such as health, agriculture, transportation, education, and more.
2. Startup India Seed Fund Scheme
The Indian government launched the Startup India Seed Fund Scheme in January 2021 with the aim of providing support to early-stage enterprises. The scheme has a budget of ₹945 Crores and aims to fund 3600 businesses and 300 incubators. Selected entrepreneurs can receive funding of up to ₹5 Crores. Startups can also avail of grants of up to ₹20 Lakhs for concept development or demonstrations and up to ₹50 Lakhs for scaling their products or services.
3. Startup India Initiative
As of June 2021, the Startup India Scheme has recognized over 50,000 firms, offering tax benefits to entrepreneurs for a little over five years. This initiative has also contributed to the creation of 5.5 lakh jobs. Under the scheme, the maximum age for most eligible startups is 7 years, while for biotechnology companies, it is 10 years from the date of establishment. The scheme’s various benefits make it an exceptional government-sponsored initiative for business owners in India.
4. Aatmanirbhar Bharat App Innovation Challenge
The initiative introduced in July 2020 aimed to promote collaboration among Indian startups and encourage the development of indigenous solutions with global impact. It incentivized tech and startup firms to create innovative mobile applications by offering a substantial cash prize. Notably, Chingari, a TikTok alternative; YourQuote, a writing app; and Koo, a Twitter equivalent, emerged as the top three winners, receiving ₹20L, ₹15L, and ₹10L, respectively.
5. eBiz Portal
The first online forum for government-to-business collaboration (G2B) in India was created by Infosys. This platform is a communication hub for business investors and entrepreneurs, facilitating the nation’s modernisation. Currently operational in five Indian states—New Delhi, Tamil Nadu, Andhra Pradesh, Haryana, and Maharashtra—it has introduced 29 services. The government plans to expand the scheme’s services to more regions.
6. Software Technology Park (STP)
The Software Technology Park (STP) is an export-oriented system aimed at promoting the development and export of computer software and technical services through physical media or communication infrastructure. It focuses primarily on the computer software industry, offering unique course material. The government’s program includes the concept of Export Processing Zones (EPZ) and the recommendation of Science Parks or Technology Parks, which are widely implemented globally.
7. Dairy Processing and Infrastructure Development Fund (DIDF)
To ensure the long-term advantage of farmers, the government introduced the Dairy Processing and Infrastructure Development Fund. With a total outlay of ₹11,184 Crores, this initiative supports dairy cooperatives in maintaining their competitive edge. Eligible participants include milk-producing businesses, multi-state milk cooperatives, state dairy federations, and subsidiaries of the National Dairy Development Board (NDDB), among others.
8. MUDRA Banks
The Micro Units Development Refinance Agency (MUDRA) aims to improve access to loans and foster the growth of small businesses in rural areas of India. Its primary objective is to support small businesses that aspire to expand. MUDRA banks provide loans of up to ₹10 Lakhs to small businesses that are not in the farming, microenterprise, or corporate sectors. The loan categories offered are Tarun, Shishu, and Kishor, catering to different stages of business growth.
9. Credit Guarantee Fund Trust for Micro and Small Enterprises
The CGTMSE Startup India Scheme provides zero-collateral business loans, including loans for MSME firms. The objective is to enable businesses to access loans at significantly reduced interest rates without collateral. In collaboration with the Small Industries Development Bank of India (SIDBI), the government aims to support new and existing enterprises by granting a maximum loan amount of ₹100 Lakhs.
10. Multiplier Grants Scheme (MGS)
The Multiplier Grants Scheme (MGS), initiated by the Department of Electronics and Information Technology, fosters research and development (R&D) collaborations between academia or institutions and the technology industry. The objective of MGS is to encourage the development of indigenous products and services. Projects under this scheme may receive funding of up to ₹2 Crore, with a project duration of less than two years. Industrial organizations are expected to contribute ₹4 Crore over a span of three years.
Conclusion
India’s startup ecosystem is brimming with opportunities for aspiring entrepreneurs. This blog has highlighted a diverse range of startup ideas that cater to various industries and interests. Whether it’s leveraging the power of technology, tapping into the growing demand for organic products, or capitalizing on the e-commerce boom, there are countless avenues to explore. With determination, creativity, and strategic planning, the Indian startup scene offers immense potential for success and growth.
FAQs
How can I get startup ideas in India?
To develop a sound startup idea:
1. Research the industry thoroughly.
2. Speak with target consumers to understand their needs.
3. Identify a common problem among your target market.
4. Think of business ideas to solve the problem.
5. Brainstorm to assess the strengths and weaknesses of your solution.
6. Choose the most promising idea.
7. Take steps to launch your startup.
What are some trending startup ideas?
Some trending startup ideas include:
1. Affiliate marketing
2. Blogging
3. Edtech business
4. Dropshipping
5. Social media marketing services
6. YouTube channel
7. Graphic designer
8. Photography
9. Handmade soaps
10. Baking
Which is the best startup business in India?
Some of the top startup businesses in India are:
1. Affiliate marketing
2. Content writer & blogging
3. Digital Marketing
4. Courier services
5. Consultancy business
6. Career coach
7. Organic farming
8. Tuitions
9. Flower business
10. Interior Designing
Which startup business is profitable in India?
There are several profitable businesses in India, including:
1. Cloud kitchen
2. Wedding planner
3. Website Designing
4. Interior designing & decorating
5. Dropshipping
6. Pet care services
7. Travel agency
8. Organic farming
9. Coaching classes
10. Digital marketing services
What business can I start with ₹50,000 in India?
Here are some of the businesses you can start with ₹50,000 in India:
1. Tiffin or food delivery services
2. Food Stalls or Food Trucks
3. Tutoring
4. Jam and Pickle Making
5. Wedding Planners or Event Managers
6. Photography
7. Handmade Clothes and Accessories
8. YouTube channel