This article covers the top and best startup ideas in 2021. we have seen that many startups like Whatsapp have risen after the 2008 recession. Similarly, there were many startups that were started and funded profoundly in 2020.
This is just the beginning and 2021 can be even more successful than 2020 in terms of startups. Not just the unicorns but also the number of startups that are going to be launched in 2021 will be the highest. Read about the best-funded startups in 2020 here.
Now, the question that arises is which startup idea among all should I focus on to work upon. This article covers 5 such brilliant startup ideas that could be started successfully in 2021.
5 Best business startup ideas in 2021
1. Education Technology
The one industry that changed its course completely is EdTech. I myself completed my MBA online. There are students across the world taking classes, exams, etc., online. Further, the traditional method of classroom teaching has been transformed to the next level in a span of just 2 years.
Indeed, The main advantage of this process is that the best teacher does not have to physically present to teach a particular student. Students from their homes can comfortably take classes from the best professors across the globe.
This is what makes the idea of starting a company in EdTech space a brilliant plan to start.
2. Personal Finance
There are many people who strive to understand this but couldn't. There can be a startup that actually makes good money on it which could explain all the complex topics like Income Tax planning, Investment options like Mutual Funds or smallcase, etc. in simple words. Moreover, Finshots is one such simple idea where they explain complex finance topics in an easy way that anyone could understand.
Read here on various topics of personal finance explained in simple words.
This will make a very good startup idea especially for teenagers and freshers who are freshly minted out of colleges. In simple words, people who are about to start earning are the target customers for this Idea. Because they wouldn't have a single idea of personal finance.
3. Food Industry
There are 2 ideas that are to be discussed here. One is food delivery services like Zomato or Swiggy. Another idea is on the supply side. Furthermore, Food delivery companies pick up the food from places like cloud kitchens that are becoming famous nowadays and Biggies like Amazon are also entering this space.
Rather than starting a food delivery company which is a very competitive space now, it is suggestible to look at cloud kitchens. This idea does not need you to have a huge dining space. Just focus on a small place where you can rent out space for kitchens and collaborate with food delivery partners to reach the last mile.
You can even explore the space of organic food production. As many urban people now focusing on eating healthy food, this would also be the best place to work upon.
4. Content Curation
Disney+ Hotstar has achieved a massive subscription of 26.8 million paid users in a very short span. Because of Covid, people got comfortable with online platforms more than ever. There was a time even television programs were cut down because of lockdowns and people had no choice but to turn to OTTs.
Once people get used to OTT platforms, they are not gonna leave it easily. Even movies have started releasing directly on OTT platforms. This could be the next trend, especially for small-budget films.
We all know there is a dearth of theaters for small-budget movies, especially in festive seasons. We could see in the future where big movies releasing in theatres and small budget movies on OTT platforms simultaneously.
My suggestion or idea here is not to start another Netflix or Amazon Prime. That could be dangerously difficult. But, you can start a YouTube channel and make content. Start a simple production company where you can make short films or another type of content and release.
You can even start a business of curating the best content that is available on the internet and save the type of people. Do not create the content but curate it.
5. Gaming
Ludo is the best example that became a very successful game to play during the lockdown. It is a very simple game with no extravagant VFX effects. So, this is the Idea of creating simple but entertaining games.
Pubg is another example that attracted teenagers and children alike. Create the games for children, teenagers or even adults. So, gaming as an industry is very lucrative in 2021.
This does not mean you have to transform into a techie or spend a lot of time in game development. But, think small and simple. As I mentioned, Ludo is the best example to prove that small can make you big.
Read here more about such interesting topics on Current Affairs. Please comment if you are already working in any of the above industries or would want to work. Also, mention if you think of any other startup ideas that could become big in 2021.
If you have any doubts or questions, Please let me know. ConversionConversion EmoticonEmoticon