The worldwide pandemic has massively hit the Indian financial system. Greater than two-thirds of startups in India must safe extra capital within the coming weeks to row via the coronavirus pandemic, in line with an trade report.
Nevertheless, there are few Indian startups which can be going in opposition to the tide and doing nicely within the recession stricken interval.
Here’s a record of a few of them:
Paytm First Video games
Paytm First Video games claimed that it has registered over 5 million app downloads in the course of the ongoing lockdown. The gaming app has grow to be a well-liked choice for stay-at-home leisure and with its video games like Ludo and Rummy registering 4 occasions development. Paytm First Video games has greater than half one million every day lively avid gamers on the platform, spending between 32 to 45 minutes enjoying greater than 100+ video games, the gaming firm talked about.
Khabri is India’s digital audio platform offering content material within the regional language. The corporate acknowledged that it’s sponsoring quite a few ability enhancement programs for his or her staff. Other than that, the corporate has not completed any wage cuts throughout this entire lockdown.
In response to Pulkit Sharma, Co-Founder & CEO, Khabri, these are perilous occasions, certainly. Nevertheless, Khabri has seen a rise in engagement time from 18 minutes to 22 minutes throughout all classes. Moreover, information listenership has grown by round 77 per cent amongst repeat listeners. “In terms of our staff, we’re dedicated to offering them with end-to-end help to assist them trip out the Covid state of affairs. We’ve launched weekly mentorship periods for all our workers, primarily based on their suggestions. We’ve additionally launched an upskilling program, whereby staff can do a web based course of their selection and the charge will likely be reimbursed on profitable completion,” he added.
Trell is a community-based platform that permits life-style discovery via user-generated unique content material in regional Indian languages. Trell talked about that it caters to 5 million month-to-month lively Indian customers on its platform.
Trell famous that with over 15 million downloads and 5 million month-to-month lively customers on its app, it has grown 20 occasions within the final 12 months in India. In January 2020 alone, its group of 5 lakh content material creators revealed 1.2 million content material items, which garnered greater than 300 million views.
CoutLoot is a platform that permits anybody to promote on-line in simply 30 seconds. The Social Offline-to-On-line (O2O) commerce platform permits seamless interactions between consumers and sellers via its social-media-based mannequin.
At present, CoutLoot has added over 50,000 important shops that may cater to customers in all main Tier1, 2, and three cities.
MultiLiving Applied sciences
It’s a platform that caters to the true property actions on a charge or contract foundation. In response to Pankaj Singh CEO & founding father of the corporate, with its distinctive choices, Multiliving has maintained its momentum and hasn’t misplaced any clientele. He mentioned that the corporate has been in a position to improve its house owner buyer base by over 500 per cent in the course of the lockdown.
The corporate claimed that it has witnessed enhanced productiveness because of its simple work from home instruments that had been already in place. Additionally, Multiliving continues to develop with no layoffs and wage cuts and has honored all of the presents given.
Techno Companion, an IT startup, mentioned that it has maintained its development trajectory. The corporate talked about that it has not misplaced any of its shoppers and has not completed any wage cuts. Other than this, the Techno Companion is in search of extra assets with specialised abilities. The corporate is recruiting folks specialised in abilities like AI and ML for his or her new initiatives.
Rooter is a sports activities content-based group platform. The platform permits customers to interact with different followers via Stay Audio/ video discussions, quizzes, cricket video games, and indoor recreation movies . Since Stay Sports activities stopped after lockdown, Rooter acknowledged that it has seen a rise within the natural attain when it comes to time spent and retention.
Rooter launched reside streaming for cellular video games final week. It knowledgeable that the brand new characteristic allowed the corporate to increase the content material engagement format past sports activities to gaming and Esports. Just lately, Rooter additionally had its first Sports activities Stay Broadcasting with Vanuatu T20 Cricket League and has witnessed over 5,000 downloads in lower than an hour.
A letter from the Editor
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