Around the world, there are about 300 million persons trying to start about 150 million businesses. About one third will be launched, so it means 50 million new firm births per year and about 137,000 per day. But, there is only handful of these which are able to shatter the glass-ceiling and make a difference. Read on below to know five such startups that will make a difference in 2018.
1. Faircent
Source: Yo!Success
The post-demonetisation era saw a boom in FinTech startup ecosystem. These startups are working actively to bring innovation and disruption to the contrary conventional Indian financial sector. One such startup is Gurugram-based Faircent. It is a P2P lending startup which unites money lenders with borrowers. Started back in the year 2014, it offers a range of different tools like Auto Invest, it is an entirely-automated feature which pairs a lender’s loan conditions with that of the borrower’s requirements and itself communicates proposals to the borrower on behalf of the lender, based on pre-chosen lending conditions like loan tenure, amount, and risk profile.
2. Pymetrics
Source: SlideShare
“If LinkedIn and Match.com ever had a kid, Pymetrics would be it.”
Launched in 2014, the brainchild of a Harvard and MIT PhD, built this with the objective of eliminating oblivious prejudice from the recruitment process. Thinking, how? You just need to play a few games for a short duration on the website and then its super-smart algorithms will calculate your natural individual traits like attention span or motivation—and determine which career is best suited for you. Later, it will forward your profile to potential employers looking for people like you.
3. CODA
Source: Product Hunt
Tired of juggling between spreadsheets and docs? Well, two Google alums have come up with ‘Coda’ which will put an end to your misery. It allows flexible collaborations, has UI elements and new methods to fit data which you might find across different platforms like spreadsheets or documents. Its ability to combine documents together, infused with live data that updates automatically, has led prominent players like Uber to use Coda-like a wiki in some cases.
4. NAUTO
Source: TheTechPortal.com
Not to be confused with Naruto, the third-best selling manga of all time, Nauto is the name of a Silicon Valley-based autonomous vehicle technology startup which was founded in 2015. It has come up with inward and outward-facing cameras which are connected to the windshield of vehicles. The system catches the video and treats the big amount of data it collects in real-time and then gives personalized feedback to fleets and their drivers, to help reduce collisions. The aim is to apply the collected data to mirror and shape the autonomous systems in self-driving cars.
5. DocTalk
Source: TechGig
In today’s time when mobile phones and health apps which link you to doctors, serves consultations and delivers medicines, there still exists the difficulty of keeping a track with all the patient follow-ups and calls. This is exactly why DocTalk a mobile app was created to allows users to stay in touch with doctors easily. It runs as a Dropbox and WhatsApp equivalent for the Indian healthcare domain. A patient can subscribe to a doctor and then easily share files and past prescriptions to ensure that the doctor can quickly access it. Doctors too can upload and share any reports that they might have.
It is crucial to pay attention to how startups utilize unique business models to improve the results and the ones who can achieve a high level of success will find sustained growth.
Feature Image: Source
