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From Ola To FabHotel, Various Prominent Startups That Are Backed By Anupam Mittal

Anupam Mittal Invests Startups
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Over the past ten years, a surge of entrepreneurial inspiration has been sweeping the country, and it doesn’t appear likely to slow down. The nation’s entrepreneurial spirit has also increased since Shark Tank India started. Anupam Mittal is one of the show’s sharks. He is a business tycoon who owns numerous companies in multiple industries. Anupam Mittal only became well-known when Shark Tank India gained popularity. He is knowledgeable about his fields of expertise and has a great passion for innovation and entrepreneurship. Additionally, he actively supports over 80 startups, including the highly profitable Ola Cabs. Here are a few of the notable startups that Anupam Mittal is supporting.

 

Ola Cabs

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Ola Cabs is unquestionably the most well-known company on this list. The company provides a platform for ride-sharing. Additionally, it connects users and drivers of various vehicles across India, from motorcycles and cars to SUVs. Anupam Mittal invested INR 1 crore to acquire a 2% share in the company. However, his 2% ownership is now worth more than Rs. 1000 crore. Two IIT graduates founded Ola in 2010, and Bengaluru serves as the company’s primary location. Additionally, users may quickly book cabs through the Ola app.

The app has a substantial market share in India, with users in several Indian cities. Additionally, Ola handles everything, including providing simple payment methods and offering “Ola Play” to keep passengers entertained while traveling. It also provides self-driving cars. Depending on your needs, your budget, and the number of people, you have access to a wide variety of vehicles.

 

HackerEarth

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Indian software company HackerEarth has its US headquarters in San Francisco. It offers business software that helps companies with technical hiring. Organizations also use HackerEarth for remote video interviews and technical skill evaluations. Additionally, HackerEarth has grown a development community of over 4 million people. The HackerEarth community has held numerous hackathons and programming contests.

Its technical coding assessment platform is currently used by numerous companies worldwide. It includes Amazon, Walmart Labs, HP, VMware, HCL, and many more. Sachin Gupta and Vivek Prakash, both graduates of IIT Roorkee, started it in November 2012. In addition, MyCareerStack, a social media and interactive platform oriented toward technical interviews, were the origin of HackerEarth.

 

Druva

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A software company with its headquarters in Santa Clara, California, is called Druva Inc. The company offers SaaS-based data management and protection products. The firm was founded in 2008, received finance in numerous rounds, and expanded to employ more than 800 people. Druva was established in Pune, India, in 2008 by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman. While working at Veritas Software, they met each other.

Data management and protection products are made and sold by Druva. Additionally, all of their products run on the same AWS-based cloud-native backup platform. Its main emphasis is on managing and storing data backups for servers, SaaS applications, and cloud-based software. Anupam Mittal also invested in this business.

 

FabAlley

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The clothing brand FabAlley is bold, inclusive, and fashion-forward. It seeks to provide women with clothing that serves as an extension of who they are. Additionally, they include customer requests in every piece they produce. Global influences from the runway, street style, pop culture, and social media are all over them. Additionally, all of these come together to provide a one-stop shop that offers millennials an exclusive style. It is also one of the numerous startups that Anupam Mittal supports.

This online clothing store, which started in 2012, offers the latest tops, dresses, skirts, jackets, and shoes. It also offers a huge selection of women’s bags, jewelry, and accessories. You need to keep up with the latest trends because every new season provides new and modern fashion for women. However, FabAlley has all your styling concerns covered.

 

FabHotel.com

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A chain of 3-star affordable hotels in India is FabHotels. India’s Gurugram serves as its administrative center. With 900+ Hotels, it also runs operations in various prominent Indian cities. It includes well-known ones like Mumbai, New Delhi, Chennai, Bangalore, Kolkata, Hyderabad, Visakhapatnam, and Coimbatore. In 2014, Vaibhav Aggarwal and Adarsh Manpuria founded FabHotels. Vaibhav and Adarsh are both graduates of the University of Pennsylvania’s Wharton School.

Moreover, the entire staff—from the receptionist to the room service staff—is quite admirable. The whole of Fabhotels team has experience in management, venture building, consulting, and very well hospitality. Another worthwhile startup that Anupam Mittal supports is this one.

 

Truce

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The Truce is a farm vegetable and fruit B2B online retailer. It buys produce from farmers and sells it to Mumbai’s mid-to-large-sized F&B and hospitality sectors. In the agriculture supply chain, there is a lack of trust and transparency. This motivated Truce to embark on a mission to re-establish trust between farmers and consumers of their produce. In addition, a sizable majority of India’s population lives in rural areas, where agriculture serves as their primary means of subsistence. Therefore, it was crucial to take into account the potential contribution of digital agriculture to Digital India. Farmers and shopkeepers both get fair prices because the pricing is standard.

 

Interactive Avenues

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The leading online digital marketing firm in India is Interactive Avenues. It specializes in various areas, including website design, digital media buying, SEO, SEM, and SMO. In 2006, Interactive Avenues was established. Additionally, it has offices in Mumbai, Gurugram, Bengaluru, Chennai, and Kolkata.

Anupam Mittal is the founder of People Group. It brought about a fundamental shift in India’s matchmaking industry. Anupam has greatly expanded his portfolio over the past few years. He has also been on a spree of investing in several startups.

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Simran Kumari
the authorSimran Kumari
Senior Content Writer
I am an entertainment writer with a passion for journalism. I enjoys writing about a wide range of topics including entertainment, politics, and lifestyle. I always keeps herself updated about the current trends, movies, web series, and celebrity gossip. Throughout my professional journey, I have covered various genres and is always eager to learn new things. In my free time, I loves embarking on adventures.