In this modern world, people are moving towards starting businesses from 9 to 5 jobs. If you are also searching for new business ideas for startups in India, then you have come to the right place. To start a business in a country like India, you must research to understand the needs of the people. When you have the needs, you will have the best startup ideas in your hand. In this article, I have listed one of the top 10 completely new business ideas for startups in India that are profitable and need only less investment. Read the article further and find out your desired startup idea.
Table of Contents
New Business Ideas for Startups in India
1. Digital Marketing
When everything in this world is becoming digital, why not start a digital marketing agency?! Digital marketing has evolved as one of the trending businesses in India over the years. There are a lot of customers waiting out there to enhance their businesses through digital marketing. And you can make use of them to make money by marketing their brands digitally.
You can help business owners set eye-catching logos, create attractive websites, and give them taglines to enhance the reach of their brands. It is indeed one of the best business ideas for startups in India and a creative niche where you can enjoy working!
2. Blogging
If you are a good writer who can make better blogs, you can start your own company. If you ask me how, well, you can hire content writers and an SEO specialist. After doing so, you can generate content from writers and make it optimized by the SEO specialist. What next? Post it and get the revenue!
But, you need to make sure that you post user-friendly, readable articles in order to be recognized by Google. Once they are ranked, you make money and issue a salary as well!
- Appropriate Capital: The approximate investment may vary depending on the niche and scale.
- Market Need: Choose blogging niches such as travel, food, fashion, technology, and personal finance which are popular in India.
- Location: Blogging can be done remotely, but cities with vibrant cultures like Mumbai and Delhi offer rich content opportunities.
3. Edtech Business
As I said earlier, we have moved over to the digital era, where everything can be obtained online. If so, why not education?! Gone are those days when children used to sit in the classrooms all day and keep looking at the blackboard. People have started using computers and software technologies to educate children.
Some of the prominent Edtech companies like Unacademy, Byju’s, and Vedantu set examples by enhancing the rote learning culture in children. You can start a smaller Edtech company, specify your targeted customers, and integrate gradually.
4. Network Marketing
If you are good at convincing people about something, you can opt for a Network marketing startup because It is a type of business model where person-to-person sales play a vital role. You can effortlessly market products by increasing the network of a particular person.
It involves 3 basic principles of marketing namely Multi-level Marketing, Affiliate Marketing, and Direct Marketing. If you understand these three aspects of marketing, you can become the boss in your niche.
- Appropriate Capital: Often low to moderate to start, with some companies requiring the purchase of starter kits.
- Market Need: A growing market which is expected to reach Rs.159.3 billion by 2025.
- Customer Identification: Look for Individuals searching for additional income.
5. Dropshipping
Dropshipping is a prominent business in other countries but not in India. This itself makes it one of the best startup ideas in India, as there are fewer competitors. Even if you don’t have inventory, you can buy products at wholesale rates from others and sell them to your customers at retail rates. So, the difference in the rates is the money you make! Interesting right? That is why it is one of the best business ideas for startups in India.
Moreover, some companies develop applications to just set the shipping rates for some online store owners and earn money by making them install the applications. If you are an app developer, you can also create apps and help store owners to enhance their E-commerce business.
- Appropriate Capital: Dropshipping in India is accessible with limited capital due to no requirement for inventory or warehousing.
- Market Need: The e-commerce market in India is growing, with a projected $99 billion market and over 1.4 billion internet users by 2024, offering vast potential for dropshipping.
6. Interior Designing
Are you an architect who can create sleeky designs? If yes, you can become one of the top interior designers in India! Interior design has been gaining popularity in India recently after the emergence of reliable technologies. This is the reason that interior designing stands as one of the best business ideas for startups in India.
It is also evident from the number of interior design companies that has risen. Moreover, you can see a lot of interior design firms in some of the important cities like Chennai, Mumbai, Kolkata, Bangalore, etc. This can be your desired startup if you can satisfy people with your unique designs.
7. Photography
Photography can be the right startup idea if you are good at clicking pics! And how can it not be profitable when there are so many social events and functions in India?! Event planners, photographers, and caterers are the most required professionals needed at every event. It is a convincing and one of the best startup ideas in India.
You can start a studio and make people happy by giving the best moments clicked. All you need is a camera, and if you want to go a little bigger, hire the best photographers and make sure you click attractive photos.
- Appropriate Capital: Starting a photography business can vary greatly in capital requirements, depending on the scale and specialization.
- Market Need: There’s a consistent demand for professional photography in events, media, advertising, and personal portraits.
8. Catering Business
Again, catering is the most prominent niche that never sees a recession in India. It is always a profitable business because food is everybody’ love and you can’t see one who hates food. This makes the catering business one of the best startup ideas in India.
You can see a better profit margin within months if you set up things right in this business. Once you feel that you are making good money, you can also extend your business by having more branches.
9. Courier Services
Courier Services is one of the best business ideas for startups in India that is becoming popular day by day. All you have to do is send goods from one place to another. Before starting a courier service, make sure you can send goods faster, and safer with tracking technology.
Moreover, you need to be more careful with goods like glass objects, chemicals, etc. Ultimately, you will just need transport, delivery agents, accountants, and logistic experts to make your business run successfully. You will accept that it is one of the best startup ideas in India once you get into this business.
- Competitor Analysis: Study the major players like DTDC, Blue Dart, and FedEx, with competition based on price, speed, and service quality.
- Location: Metropolitan cities and urban centers with high commercial activity are ideal locations for courier services.
10. Travel Agency
As transport in India has become easier, people tend to explore new places. And India also has so many tourist spots to visit. If you start a travel agency, you are assured of your business running so well very soon! You will have students, working professionals, and families coming to you to make their trip easier, convenient, and memorable. It is a satisfying and one of the best business ideas for startups in India.
With well-organized working and effective planning, you can succeed soon in your business. To attract people, market your brand, place attractive photos in your office, and handle customers with greater hospitality. And you will see your business doing wonders in no time!
