ET Startup Awards Alumni: where are they now?

Previous winners of the ET Startup Awards (ETSA) have stood out amid a crowded startup ecosystem and have gone on to become successful businesses. We look at a few of them from previous editions of the awards.

Rohan M Ganapathy & Yashas Karanam

Bellatrix Aerospace | Best on Campus (2020)


Bengaluru-based, in-space propulsion startup Bellatrix Aerospace raised $8 million funding from BASF Venture Capital GmbH, the corporate venture company of BASF SE, and early-stage VC Inflexor Ventures. Recently, the startup tested an eco-friendly propulsion system for satellites that takes a new path away from hydrazine-dependent fuel systems and delivers fuel efficiency potential up to 20% for space satellites.

Sahil Barua, Suraj Saharan, Kapil Bharati, Bhavesh Manglani, Mohit Tandon

Delhivery | Startup of the year (2019)

Earlier this year, Delhivery made its debut on the bourses despite a global rout in tech stocks due to macroeconomic headwinds. At a time when consumer tech startups are staying away from tapping the public markets, Delhivery’s shares opened 1.2% higher than the issue price when they listed. While continuing to focus on ecommerce deliveries, it is also expanding its B2B offerings and has made multiple strategic acquisitions in recent years.

Ritesh Arora, Nakul Aggarwal

BrowserStack | Bootstrap Champ (2015)

Subscription-based web and mobile app testing platform Browserstack was bootstrapped until 2018 and last year it raised $200 million in funding, which valued it at $4 billion, from the likes of Insight Partners and Bond Capital. A nominee in the Startup of the Year category in 2022, the profitable venture aims to become the largest testing platform globally with 50% market share.

Mughilan Thiru Ramasamy, Mrinal Pai

Skylark Drones | Best on Campus (2018)

Founded in 2015, SkyLark Drones, an enterprise drone solutions provider, raised its first institutional round last year when it picked up $3 million from Info Edge Ventures and IAN Fund, to build its geospatial intelligence product and expand into international markets.

Jaydeep Barman, Kallol Banerjee

Rebel Foods | Comeback Kid (2015)

In 2021, Rebel Foods became the first cloud kitchen startup to enter the unicorn club after it raised $175 million at a post-money valuation of $1.4 billion. Last year, the startup tied up with delivery firm Foodpanda to expand virtual restaurant offerings across several Asian countries such as Singapore, Malaysia, Bangladesh, Thailand, Hong Kong and the Philippines.