Top 20 Unique Startup Business Ideas in India for 2024

While it can be challenging to come up with a unique and innovative business idea, it is essential to remember that there are always opportunities for new businesses, even in crowded markets.

Starting a new business can be equally exciting and daunting, especially in a country like India, where competition is fierce. So, if you’re planning to kick off your venture in 2024, then we have some recommendations. The dire need of new startup ideas that haven’t been done in India before has come up.

Read on to learn about some unique startup business ideas in India you must consider.

Top 20 Unique Startup Business Ideas In India Under 20,000

Given below are some best startup ideas in India that haven’t been done before in India which anyone can start today:

1. Eco-friendly products

With growing concerns about the environment, eco-friendly products are becoming more popular. You could start a business selling products made from environmentally friendly materials.

2. Food delivery service for special diets

With more and more people following special diets for various reasons, a food delivery service that caters to specific dietary needs, such as gluten-free, vegan, or keto, could be a successful business.

3. Virtual event planning

With the rise of remote work and the increasing popularity of virtual events, a business specialising in planning as well as executing virtual events could be a great idea.

4. Online Tutoring Platform

With the increasing popularity of online learning, an online tutoring platform could be a great business idea. Moreover, it could connect students with qualified tutors for various subjects, including academic, language, and hobby-based courses. Tutoring, especially, online tutoring has been proven to be the best startup business in India.

5. Health and Wellness Retreat

India is home to a number of ancient wellness practices, such as yoga and Ayurveda. You could start a business that combines these practices with modern wellness techniques to offer a unique retreat experience for people looking to improve their overall health as well as well-being. With the growing demand for holistic wellness and well-being, this is one of the best business startup ideas in India.

6. Renewable Energy Company

India has a growing demand for renewable energy sources. You could start a company focusing not only on solar, wind but also, hydroelectric power generation.

7. Social Enterprise

A social enterprise is a business that focuses on creating positive social as well as environmental impact. In other words, a socially adept and eco-friendly business. You could start a social enterprise that addresses a specific issue, such as access to clean water or education for disadvantaged communities.

8. Online Booking Platform for Adventure Activities

India has a variety of adventure activities, such as trekking, rafting, and paragliding. Moreover, you could start an online platform that helps people find and book these activities.

9. E-commerce Platform for Locally-Made Products

India has a diverse range of products made by local artisans and small businesses. Therefore, you could start an e-commerce platform that helps these businesses reach an extensive market.

10. Virtual Interior Design Service

With the rise of remote work, more people are spending time at home and may be interested in redesigning their spaces. So, you could start a business that offers virtual interior design consultations and services. Furthermore, this can be incorporated as one of the new business startup ideas in India.

11. Online Marketplace for Handmade or Artisanal Goods

India has a rich tradition of handicrafts and artisanal products. You could start an online marketplace that connects artisans with customers looking for unique, handmade products.

12. Subscription-Based Meal Delivery Service

With the busy schedules of many people in India, a meal delivery service that offers a variety of healthy and convenient options could become famous. This is another startup business idea that you can aim to start in India in 2023.

13. Sustainable Fashion Company

There is a growing demand for sustainable and ethically produced fashion in India. You could start a business that produces and sells sustainable fashion products. This can be deemed as one of the most innovative business ideas in India as this entails creativity as well as uniqueness in every form.

14. Mobile App Development

With the widespread use of smartphones in India, there is a demand for mobile apps in various industries. Since there is an ever-growing demand, you could start a business that develops custom mobile apps for clients.

15. Online Language Learning Platform

There is a growing demand for language learning in India, and an online platform could be a convenient and flexible option for students. As a result, this serves to be one of the new start up ideas in India.

16. Grocery Delivery Service

A grocery delivery startup can come with minimal setup costs. Basically, the main cost associated with a grocery delivery startup is the cost of delivering groceries to customers. Overall, this cost can include the cost of vehicles and drivers, the cost of fuel, and the cost of packaging and marketing materials.

17. Health and Wellness Products

India has a strong tradition of natural health remedies and wellness products. So, you could start a business that produces and sells these products, such as herbal teas or essential oils.

18. Home Cleaning and Maintenance Service

Many people in India lead busy lives and do not have the time to take care of household chores such as cleaning as well as maintenance. So, undoubtedly, a startup that offers these services could be successful.

19. Agricultural Technology

Agricultural technology startups that use innovative methods to improve crop yields and increase efficiency could be successful in India, where much of the population is involved in agriculture. Furthermore, innovative ideas for startup in the field of agriculture is the need of the hour.

20. Personal Finance Management App

Many Indians struggle with managing their personal finances. Henceforth, a startup that offers a user-friendly personal finance management app could find success in the market as a result.

While having unique best startup business ideas in India is beneficial, it all boils down to choosing one that works for you undoubtedly. Keep reading to understand how to pick a startup idea and what you’d need to start a venture.

How to Choose a Startup Business Idea

Here are some steps you can follow to help you choose a startup business idea:

• Identify your strengths and passions: Think about what you are good at and enjoy doing. Moreover, your strengths and passions can be a good starting point for identifying potential business ideas.
• Research market trends: Look for trends in the market that you can tap into with your business idea. Thus, consider factors such as consumer demand, competition, and the potential for growth.
• Validate your business idea: Once you have identified a potential business idea, it is vital to validate it to ensure that it has the potential to be successful. Therefore, it can involve conducting market research, talking to potential customers, and testing your product or service to see if it meets a need or solves a problem.
• Seek advice and guidance: It can be helpful to seek advice and guidance from experienced business owners or mentors who can provide valuable insights as well as guidance.
• Be willing to pivot: It is entirely normal for business ideas to evolve over time. So, be open to making adjustments to your business idea if necessary.

Important Factors to Consider When Starting a Business in India

Starting a business in India requires a lot of planning, hard work, and dedication. Here are some crucial things to consider when starting a startup in India.

A. Identify a Business Idea

The first step to starting a startup is to identify a business idea you are passionate about and believe has the potential to succeed.

B. Conduct market research

It is key to conduct market research to understand the demand for your product or service, your target customer as well as the competition in the market.

C. Develop a Business Plan

A business plan is a document that outlines your business strategy, including your financial projections, marketing plan and operational plan.

D. Choose a Business Structure

There are several business structures to choose from in India, such as sole proprietorship, partnership, limited liability partnership (LLP), and private limited company. So, each structure has its own advantages as well as disadvantages. Thus, it becomes critical to choose the one that is best suited for your business.

E. Register Your Business

In order to start a business in India, you need to register your business with the relevant government authorities. Therefore, it includes registering for a tax ID, getting necessary licenses and permits, and complying with regulatory requirements.

F. Obtain Financing

Starting a startup can be expensive. That is why it is paramount to have a plan in place for obtaining the necessary financing. It can include seeking funding from investors, applying for loans, or crowdfunding.

G. Build a Team

Starting a startup can be a challenging and time-consuming process. So, you must have a strong team of skilled and dedicated individuals to support you.

H. Market Your Company

Once your startup is up and running, promoting your business to attract customers and build brand awareness becomes essential. So, it can include marketing and advertising efforts, social media engagement, and networking with industry professionals.

FAQs on Unique Startup Business Ideas in India

What are the most unique business ideas?
Here are some unique business ideas:

• A mobile car wash and detailing service that comes to customers homes or workplaces
• A subscription-based farm-to-table meal delivery service that sources ingredients from local farmers
• a virtual reality escape room or adventure experience.
• A personalised gift-wrapping service that offers creative and unique wrapping options
• A home repair and maintenance service that specialises in eco-friendly and sustainable solutions

Which is the best business for a startup?
The success of a startup depends on various factors. Some of these include the individuals skills, resources, and interests. However, there are some popular business ideas for startups in India, like a food delivery service, an online tutoring service, software development, a subscription box service, and e-commerce. Ultimately, the best business for a startup will depend on your unique situation and needs.

How do I find unique startup ideas?
Finding unique startup ideas can be a challenge. But there are some efficient strategies you can use. First, take the time to research emerging trends in your industry or related fields. Then, explore potential opportunities that could be addressed by leveraging technology or new business models.
Additionally, brainstorm ideas with colleagues and friends who may have different perspectives. You can also attend networking events and conferences to get tips from other entrepreneurs.
Finally, look for problems you can solve with a product or service that would give you a competitive edge. With enough research and creativity, you can build a unique startup idea that stands out from the competition.

What are the startup ideas that haven’t been implemented?
Startup ideas that have never been done before can come from various sources. Entrepreneurs can look to the world around them for inspiration or research industries and markets to identify gaps in services or products. Some of the more popular untapped startup ideas include developing a new type of product, creating a new service, developing an app to address a specific need, creating a platform to connect buyers and sellers, or creating an online marketplace.

What are some innovative startup ideas?
Startup ideas can range from innovative products and services to brand-new business models. Some innovative startup ideas in India include developing a mobile app that connects users to sustainable food sources, creating a platform that allows users to manage their online presence, and developing a service that promises personalised health.

How to start a business with 20,000?
One can start a business by investing 20,000 rupees wisely. It is important to spread 20,000 across domains which enhance brand visibility and marketing. You can invest equitably on a priority basis.

Which business can I start with 50,000?
There is a wide variety of businesses one can start with 50,000 rupees. These include home-based tiffin services, starting a recruitment agency or digital marketing agency, personalized apparel brand, starting an online grocery store, offering daycare services, curating handmade, artisanal products and more.

Read More:

• 20 Low Investment Business Ideas in India under 10,000
• Eco-Friendly Business Ideas in India
• How to Start a Food Truck Business in 2023?