Startup boom is being experienced all around the world. What sets apart a startup from others in today’s time is the idea! Venture Capitalists are particularly in search of rarest kind of startup ideas.
While everyone is gunning to create a ‘Global’ startup, there are a few startups that are thriving in their own local space but still holding the potential to work in different markets as well. We have shortlisted following 5 international startups with interesting business models, which could work in India and other countries as well. Have a look
Opentabs is a mobile application which helps its users to skip the queue outside restaurants! Founded by Sebastian Heise, Nicolas Plogert and Dirk Roder in 2012, Germany based Opentabs enables its users to jump the line at their favourite coffee shop, restaurant or take away. Users can place the order with the help of the app and also pick it up without lining up at the register.
All that the users need to do is find nearby cafés, restaurants and bars offering opentabs. Browse the menu in opentabs and add the choices. Make the payment using credit card and collect the order. The app offers direct and streamlined mobile payment service. The online transactions are neither stored on the phone nor the servers, also they are protected with a security PIN code. In September 2014 it raised an undisclosed amount of investment from High-Tech Gruenderfonds. The service is available for both Android and iOS users.
US-based Bellhops is a tech-enabled on-demand service for moving and lifting help from trustworthy students. Founded in 2013 by Cameron Doody and Stephen Vlahos, Bellhops engages local college students who help residential customers in moving and lifting of items. The app eases the ordering, payment and communication between the customers and the Bellhops (college students).
The user needs to make the booking and the service will be available as per user’s convenient time. The user can also change/cancel the booking without having to pay any charges. The company also has an ‘Honor Code’, wherein if the customer is not satisfied with the service or if something is damaged then a partial refund is made by the company. It has raised a total amount of $7.8 million in 4 rounds from 11 investors namely Binary Capital, Alexis Ohanian, Great Oaks Venture Capital, Lamp Post Group, QueensBridge Venture Partners and others.
US based Reachr helps its user’s to find, contact and build relationships with influencers or their industry leaders. Founded by Kevin Creusy, Vivien Garnès, Yann Metz and Alexis Montagne, Reachr is a web based service which provides a platform to the user, where he/she can reach out to thousands of influencers with a single message for any marketing purpose: Outreach, Native Advertising, Partnerships, e-PR, event coverage, etc.
The service has an easy interface which helps the user find and contact influencers. The site refers over 20,000 influencers in every industry. There are over 50 criteria based on location, follower base, engagement, frequency, etc. to streamline the search of the relevant people. Once the user locates all the people, he/she can directly get in touch with them by dropping them a mail.
Germany-based BRDGE helps its users in growing their business network. The startup was founded in 2014 by Daniel Putsche, Jan Pleser, Garrit Schaap and Claas H. Nieraad. Based on matching algorithm, BRDGE suggests other professionals that might be interesting to connect with. If both parties rate each other positively, a business-match is made.
Once a business match is established both users can use the in-app-messaging system of BRDGE to start building their relationship.
All that a user needs to do is choose from the events and start making matches with other attendees, even before the event commences. The service is available for iOS users. Its competitors are Caliber, Weave and Networkr.
US-based Wind is a web based legal technology for everyone. It uses technology to help attorneys quickly and efficiently review electronic data. It gives law firms an access to powerful eDiscovery tools, in a user friendly and design-focussed interface.
A user needs to upload the data completely on the platform which will be fully indexed and searchable in Relativity. With the help of Wind and Relativity, the user can look through millions of documents, using lots of different fields like date, keyword, or author to narrow down massive amounts of material and streamline his/her search process. The company’s pricing model is an all inclusive month-to-month contract.
If you know of any other startup that has an interesting business model or if any one of the above mentioned five has helped you, do let us know in the comments below.