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Delhi + Novelty = Unique Business Opportunities

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There is a silent startup revolution stirring up in and around Delhi. While India is home to nearly 60 unicorns till date with 21 of them added to the list this year, a staggering one-third of them are based out of Delhi-NCR. With more government interventions and support, the capital city could become the next startup hotspot of India, and even become one of the top five global startup hubs.

In fact, developing new markets and finding ways to make businesses work is nothing new for Delhi. The startups in the region have not only leveraged the strategic location, the NCR, but also been exemplary in terms of providing the customer experience centric propositions. Let’s take the case of hyperlocal services provider Urban Company, which is the latest startup to join the unicorn club with a valuation of around $2 billion.
Urban Company has been quite successful in organizing the local home services ranging from appliance repair, plumbing, carpentry, cleaning, and painting and even beauty & personal care & wellness services.

With increasing support from the government, Delhi today has the perfect milieu required to launch your startup, especially in the digital world. All it takes is some courage, a good source of investment and a vision to deliver seamless customer experiences using technology to the fullest. Additionally, a good marketing strategy will take you a long way as well. In this issue of CEO Insights, we are coming up with a carefully curated index comprising some of the most promising startups in Delhi. We hope their anecdotes inspire you.
Do let us know your thoughts.

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