7 Startup Success Stories to Inspire You in 2021!
By Deep Maurya February 18, 2021
The journey from start to top is no joke. There are substantial ups and down, many highs and lows, but a true entrepreneur with a problem-solving mind and visionary approach can touch every milestone in her/his wish list.
2020 has been a year full of shocks and surprises; while many companies saw a significant rise in their market standing, many fell to dust. However, the constant hustle and the zest of never giving up is what turns a startup into an MNC.
It is common for people to lose hope at times of despair, but it’s not what you should do if you are an entrepreneur. Your only focus should be to make it big.
However, if you are losing hope since times are bleak and need a source of motivation to keep it going, you have landed on the right article!
In this write-up, we’ll discuss the seven most incredible success stories of Startups that worked super hard and implemented their brilliant ideas to turn their dreams into reality.
These inspiring success stories will sure give you a sense of relief, back you to achieve your goals, and get you moving.
So are you ready?
Let’s get started!
Flipkart:
Flipkart is a name known to all. It is a widely known eCommerce website that provides a wide array of products, from healthcare to electronics, there’s nothing you can’t find at Flipkart.
It delivers the ordered product right from the shop to your doorstep. Flipkart gained massive success a few years back since it was one of the first companies to introduce an online market for India’s people. The pioneers of Flipkart, Sachin, and Binny Bansal, had both worked with Amazon; hence they came up with an idea similar to their organizations’.
Initially, Flipkart was a book market, but as they kept growing, so did their niche. Now they sell almost everything. The brand became such a massive success that it even ended up acquiring Myntra (shopping e-store) in 2014.
Its name currently comes in the top 5 global billion-dollar startups with a net cost of $11 billion as per the reports by Wall Street Journal and Dow Jones VentureSource.
redBus:
redBus was launched in 2016, and in just four years, the company has grown phenomenally. The company works to make travel easy by facilitating the booking of road transports and hotel via the online medium.
The startup’s success is a result of an out-of-the-box idea it’s founders introduced in the market of making road travel easy for a common man.
The three entrepreneurs and passouts of BITS-Pilani, Charan, Phanindra, and Sudhakar came up with this idea when one of the three friends, Phanindra, could not visit his home for a festival due to the unavailability of a bus ticket.
Even though the trio was working for reputed MNCs, they risked starting something of their own. And with their continuous efforts, they made it big.
Zomato:
Zomato has been nothing but a sensation. The brand was launched in 2008, and in just 12 years, it has become one of the most known and globally liked food delivery and restaurant rating platforms.
It currently operates in 19 countries and covers 331200 restaurants around the world.
Many don’t know that it was initially started as Foodiebay.com; the idea was so good that it gained recognition within two years of its launch in India and went on to attain global recognition in another two years.
The co-founders Pankaj Chaddah and Deepinder Goyal wanted to bring something of their own in the market. Though they had no funding and rapidly decreasing savings, reliable market research, understanding of their product, and a decisive aptitude helped them sail all the turmoils.
Rest is history
HestaBit, just like other companies, started with a big dream in some young minds. The company was just a tech-startup back in 2012 but has now become one of the leading mobile app, web app, and website development firms. It creates technology and offers their credible resources to other organizations as well, so that many can make their dreams come true.
The three founders, Dipanshu Upadhyay, Harshvardhan Lakhera, and Prashant Gautam, started the company back in their college days with a little uncertainty, some big dreams, and a massive competition.
However, since they moved ahead in time, they not only expanded their business across three countries- USA, UK, and India, but gained recognition from esteemed organizations like Bill and Melinda Gates Foundation and the Gray Group, Singapore.
With brilliant projects to showcase, the company continues to succeed in its niche, giving head-to-head challenges to all its competitors in terms of project quality and experienced resources.
Ola Cabs:
A few years back, it would have been totally unimaginable to think that booking cabs would be brought at our fingertips digitally. Thanks to Ola Cabs, it has been made possible to book a taxi within a few minutes and a few bucks.
You can easily open the ola application and book a cab at very pocket-friendly rates. The drivers will contact you themselves and reach your destination. So you don’t have to walk street to street in search of a nice cab, the cab will find you!
The company is pioneered by Ankit Bhati and Bhavish Aggarwal, IIT-B graduates who worked at various MNCs before getting their hands on entrepreneurship.
The idea was out of a bad weekend trip the dua had to encounter. They wanted something that brings comfort and transparency for travelers. And with that aim, they did not just make their own life simple, but also made travel of billions of people easy.
Make a Difference (MAD):
The organization works on the motto- “Don’t Stop BELIEVING!” and aims to provide underprivileged children with facilities. Even Michelle Obama has visited the organization’s office and danced to some tunes with its children.
It has been working for the cause for almost a decade now. The organization works with young leaders to bridge the education inequality gap, and each child can access quality education.
The organization’s idea was initiated when the three founders, Gloria Benny, Jithin C Nedumala, and Sujith Abraham Varkey, visited a Boy’s hostel in Cochin. They saw that each child had dreams, aspirations, and talent, but not enough resources. So they started visiting time and again. That’s where they got MAD (not literally); that’s where the seed of a great idea was planted.
The organization runs multiple volunteering programs where people are recruited to teach kids from a backward background. Currently, more than 2100 MAD volunteers are teaching about 5200 children around the world. A lot of organizations have honored MAD for its successful operations.
Make My Trip:
The innovative businessman and an IIM Ahmedabad graduate, Deep Kalra founded Make My Trip to revolutionize the travel industry. The company was initially launched for the US market in 2000 to serve the NRIs’ Indo-American trips.
In 2005, it set its foot in the Indian market by launching booking for flight tickets.
Within just a few years, MMT got listed in the NASDAQ, and in just a year more, it made three acquisitions and received worldwide appreciation and honorable accolades.
Conclusion:
These success stories give entrepreneurs a little hope and motivation that the smallest of ideas can also make it big, no matter how competitive the market is.
All you need is the right mix of dedication, innovation, motivation, and decisiveness.
While we have served the motivation part, you will have to amalgamate the three elements left.
These are just some common people who are not so common now just because they took the right decision and steps. So what makes you think you can’t?
Just keep going!
Deep Maurya is a content curator and strategist. It is his curiosity to learn about different things that support his passion for writing. Deep Maurya also holds a good knowledge of problem-solving, contributing to the long list of his skills.
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