Top Indian Tech Startups that made it to the Wall Street
The world’s largest stock exchange by market capitalization, New York Stock Exchange is often known as the “Big Board”. It has its physical floor located in the Wallstreet which is the headquarters of some of the largest US brokerage and Investment banks. Morever, the second largest stock exachange is National Association of Securities Dealers Automated Quotations (NASDAQ) which does not have a physic floor.
Although the opportunities available for investing are not affected or bound by borders, but access to them is somehow hard for foreign investors. Still, many successful Indian firms proved this wrong by getting traded on the NYSE or NASDAQ. Infosys was the first IT company from India to be listed on NASDAQ in 1999 and since then it is followed by various other firms.
1. Dr. Reddy laboratories
Founded in: 1984
Listed in: 2001
The Indian multinational pharmaceutical company was founded by Anji Reddy in 1984 who worked in the institute Indian Drugs and Pharmaceuticals Limited before 1984. The company located in Hyderabad, Telangana was started as a small drug manufacturer then also became an exporter of the same in less-regulated markets all over the worlf that had the advantage of not having to spend time and money on a manufacturing plant. The firm provides medications and pharmaceutical ingredients (APIs) for drug manufacture, diagnostic kits, critical care, and biotechnology products.
2. HDFC Banks Ltd.
Founded in: 1994
Listed in: 1995
As of April 2021, the India’s largest private sector bank by assets and by market capitalisation HDFC Bank Limited was started in 1994 as a subsidiary of the Housing Development Finance Corporation and its first official corporate office was inaugurated by Dr. Manmohan Singh, then finance minister. It provides various facilities like banking, credit, etc and also digital products like Payzapp and SmartBUY. The Indian financial services company is also the third largest company by market capitalisatios on the stock exchanges in India.
3. ICICI Bank Ltd.
Founded in: 1994
Listed in: 1999
The Indian financial services company was founded by Industrial Credit and Investment Corporation of India (ICICI), an Indian financial institution, as a wholly owned subsidiary in 1994 in Vadodara. The firm provides a variety of backing and financial services including investment banking, internet banking, asset management etc. The parent company was founded in 1955 and the bank was known as the Industrial Credit and Investment Corporation of India Bank before its name got changed to ICICI Bank.
4. Infosys Ltd.
Founded in: 1981
Listed in NASDAQ: 1999
Listed in NYSE :2012
The Second-largest Indian IT company which also became the first company to be listed in NASDAQ is a multi-national firm that provides business consulting, information technology and outsourcing services. it was founded by seven engineers in Pune as Infosys Consultants Private Limited on 2 July 1981.
5. Wipro Ltd.
Founded in: 1945
Listed in : 2000
The Indian multinational corporation which works to provide information technology, consulting and business process services was set up by Mohammad Premji as a manufacturer of vegetable and refined oils in Amalner, Maharashtra in 1945. It was known by the name, Western India Products’ and starting to work on opportunities in the IT and computing industry in 1970s. It is also the first software technology and services company in India to be ISO 14001 certified.
6. MakeMyTrip
Founded in: 2000
Listed in: 2010
The Indian online travel company was founded by an alumnus of IIT Ahmedabad, Deep Kalra. The firm works to facilitate online services fir travelling like flight tickets, domestic and international holiday packages, hotel reservations, rail, and bus tickets. It has expanded in a variety of countries to ensure better facilities like USA, Singapore, Dubai, Thailand etc
7. Tata Motors Ltd.
Founded in: 1945
Listed in: 2004
The Indian multinational automotive manufacturing company was founded as a manufacturer of locomotives. The Group became part of a joint venture with Daimler-Benz of Germany which resulted in its entry into the commercial vehicle market in 1954. The firm headquartered in Mumbai has expanded its business with a high pace and now provides a variety of passengers cars, trucks, vans, luxury cars, construction equipments etc.
8. Vedanta Limited
Founded in: 1980s
Listed in: 2007
The Indian mining company was founded by D.P Aggarwal as the Sterlite Industries (India) Limited in Mumbai in 1980s. Then in 2007, a diversified metals and mining group founded by Anil Agarwal, Vedanta Resources Plc. acquired 51% controlling stake and then in 2015 2015, Sterlite Industries and Sesa Goa announced their merger and then turned into one entity Sesa Sterlite and then in the sane year, it’s name was changed to Vedanta Limited.
9. Rediff.com
Founded in: 1995
Listed in: 1995
The Indian web portal for Indian news, information, entertainment and shopping was founded by Ajit Balakrishnan in 1995. It is one of the oldest web portals and email providers all over India. It began with two services, Rediffmail whichprovided email services and Rediff Shopping, providing an online marketplace to buy electronics and peripherals.
It’s expansion include the introduction of new services like Rediff iShare, Rediffmail NG and also an android app for Rediff news.
10. Eros International Plc.
Founded in:1977
Listed in: 2012
The leading production and distribution companies in India was founded by Arjun Lulla in 1977. Headquartered in Mumbai, the firm is an motion picture production company which co-produces, acquires and distributes Indian films in multiple formats worldwide. In 2020, It turned into a subsidiary of ErosSTX as a result of merger of it with American film studio and mini-major STX Entertainment.
India is a developing country but at the same time it is the home for a large number of hard working dedicated entrepreneurs and large successful startups. It is not easy for any foreign firm to reach to the Wallstreet stock exchange but not only them there are various other untold stories of success. India is growing at a very fast pace and the youth should take inspiration from the struggle of great tech entrepreneurs and work and learn with their best efforts.