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Innovative Companies Changing the Game in Kolkata
Published on May 27, 2024
In Kolkata’s entrepreneurial scene, inovation thrives as visionaries reshape industries and redefine norms. Explore a list of dynamic ventures shaping the city’s landscape:
- Altor Smart Helmets: Altor is a smart mobility company that offers India’s first range of smart headgears with behavior-modification and accident detection capabilities. The company was founded by Shamik Gupta, an alumnus of the Institute of Engineering and Management, Kolkata. Altor was featured in Shark Tank India and received funding from the sharks.
- mPokket: mPokket is a Kolkata-based fintech startup founded by Gaurav Jalan in 2016. The company offers salary advances and short-term loans to the underserved youth of India, providing loans of up to INR 45,000. The company utilizes a proprietary algorithm to assess applicants’ creditworthiness and offers loans with flexible repayment terms. mPokket has emerged as a leading player in the Indian digital lending space, recognized for its innovative approach to lending and commitment to financial inclusion.
- Wow! Momo: Wow! Momois a Kolkata-based startup that has gained popularity for its innovative approach to the food industry, particularly in the momo segment. The company was founded in 2008 by Sagar Daryani and Binod Homagai, and it has since grown to become one of the leading players in the Indian foodtech industry.
- Brown Boy: Brown Boy is a Kolkata-based brand that emphasizes ethical manufacturing, sustainability, and organic practices. The company was founded by Prateek Kayan and is known for its range of products made in an ethical, sustainable, and organic way. Brown Boy is recognized for its commitment to creating products that are environmentally friendly and socially responsible.
- Rare Planet: Rare Planet is a retail lifestyle startup launched in 2017 that promotes and sells Indigenous Indian Handicrafts in offline and online markets along with giving a sustainable income to local artisans. The company was founded by Ranodeep Saha and Vijay Kumar TR and has been working with 2,500 local artisans in 5 states. The company received funding from Namita Thapar in Shark Tank India, of INR 65 Lakhs investment for 3% Equity, thus, becoming a shareholder of ₹65 Crores Net valuation.
