Y Combinator's top companies has Indian names too
Y Combinator's top companies has Indian names too
The American startup accelerator company, Y Combinator, recently announced their list of the top companies by valuation. This list was put together by the Y Combinator to help potential employees, partners, and late stage investors get to know a wider set of YC companies. Also making it to the list are three Indian startups Cleartax, Meesho and Razorpay. Scroll down to know more about these startups.
Stripe: Winning the top honours
This company builds economic infrastructure for the internet. Businesses of every size use the company's software to accept online payments and run technically sophisticated financial operations in more than 100 countries. Stripe helps new companies get started and grow their revenues, and established businesses accelerate into new markets and launch new business models. (Pic: Stripe/Facebook)
Making homestays popular
This startup was in news recently when it opted for direct listing instead of taking the IPO route. Airbnb is an online marketplace for offering lodging and homestay facilities. The company does not own any of the real estate listings, it acts as a broker, receiving commissions from each booking. They empower people around the world to unlock and monetize their spaces, passions and talents to become hospitality entrepreneurs. Airbnb provides access to 6 million places to stay in 100,000 cities and 40,000 unique experiences run by hosts.
Cruising its way to success
This startup is building the all-electric, self-driving car technology to connect people with the places, things, and experiences. Cruise claims that self-driving cars will help save lives, redefine time in transit, and restore freedom of movement for individuals who live in dense urban settings. The company was acquired by GM in 2016.
A dash to victory
DoorDash is a San Francisco-based on-demand food delivery service founded in 2013 This is a Y Combinator-backed company, that uses logistics services to offer food delivery from restaurants on-demand. In 2018, DoorDash raised $535 million in a Series D round led by the SoftBank Group.
Banking on cyptocurrencies
Coinbase claims to be the most trusted place to buy, sell, and manage cryptocurrencies, offering a suite of products for individual investors, active traders, businesses and institutions. The company has built the world's leading compliant crypto company serving over 30 million accounts in over 100 countries. (Pic: Coinbase/Facebook)
Instacart: Delivering on time
This North American grocery delivery startup is one of the fastest-growing companies in e-commerce. Instacart's same-day delivery and pickup services bring fresh groceries and everyday essentials to busy people and families across the U.S. and Canada in as fast as an hour. They deliver from more than 20,000 stores across more than 5,500 cities in North America. (Pic: Instacart/Facebook)
Betting on cloud storage
Dropbox is a file hosting service that offers cloud storage, file synchronization, personal cloud, and client software. This startup is the leading global collaboration platform helps people work together in harmony. With more than 500 million registered users across 180 countries, their products are designed to establish a more enlightened way of working. They went public in 2018. (Pic: Dropbox/Facebook)
The organism company
Ginkgo Bioworks is an analytics company that designs organisms for customers in a range of industries. It calls itself the 'organism' company. The company specializes in using genetic engineering to produce bacteria with industrial applications.
Helping small businesses
Gusto is the people platform that provides small businesses with everything they need to take care of their teams, including payroll, health insurance benefits, employee self on-boarding, 401(K), time off requests, time tracking, and more. Gusto currently serves more than 100,000 small businesses across the U.S. (Pic: Gusto/Facebook)
Flexport: Still counting on paperwork
This is a freight forwarding company with a circulatory system for global trade. It largely runs on paper. Flexport is changing this with a strategic operating model for modern businesses that powers more transparent, more agile, more efficient, and more profitable global supply chains. (Pic: Flexiport/Facebook)
The Indian touch
Three Indian startups made it to the list too. These include, Cleartax (74), Meesho(28) and Razorpay (42). ClearTax is the modern tax and finance platform which has over 4 million Indian consumers. Meesho is India's largest social commerce startup that gives entrepreneurs a platform to share their products. It also provides them with the right supply, logistics and payment capabilities to successfully run their business. Razorpay is the easiest way to accept, process and disburse digital payments for businesses in India. (Pic: Cleartax/Facebook, Meesho/Facebook, Razorpay/Facebook)