Business Ideas You Can Start in India

Introduction

• Goal: Share 5 highly profitable business ideas you can start in India
• Bonus: Free report by HubSpot on consumer behavior

Business Idea 1: Cloud Kitchen

Definition

• Independent kitchen for creating, packaging, and delivering food via platforms like Zomato

Key Points

• No major setup cost: Operate from home
• Partner with local cooks
• Identify food trends and city-specific preferences
• Healthier food options are in demand
• Example: California Burrito combining Indian and Mexican cuisine

Setup Process

• Obtain necessary licenses (FSSAI, etc.)
• Click aesthetic food photos
• Write good copy for each item
• Optimize for platform SEO
• Avoid overcrowded niches like Biryani; focus on innovative trends

Consumer Insight Report

• Source: Glimpse and HubSpot 2024 Consumer Trends report
• Key topics: Digital consumer trends, AI influence on search engines, data privacy, and social media advertising

Business Idea 2: Offering AI Services

Key Areas

• Consulting for AI integration in various industries
• Custom models for customer service and data insights

Examples

• Real-time conversational AI for customer service
• Analyzing data for actionable insights like revenue optimization

Learning Resources

• deeplearning.ai for creating custom AI models

Business Idea 3: Integrated Shopping Platforms

Concept

• Merging content consumption (e.g., Instagram/TikTok) with e-commerce (e.g., Myntra/Amazon)
• Instant buy buttons in product reels

Implementation

• Create a Creator economy with affiliate commissions
• Potential application: Live shopping, inspired by successful Chinese models
• Example: Zara's live shopping on Douyin

Business Idea 4: Selling to the Rich (India Alpha)

Market Segmentation

• India 1, India 2, and India 3 based on spending habits
• Focus on affluent Indians (India Alpha) for high average order value

Potential Services

• Health and fitness plans
• Beauty and skincare products
• Real-world experiences like curated meetups for building friendships or relationships

Business Idea 5: AR/VR Applications

Emerging Field

• New devices like Meta Quest 3 and Apple Vision Pro
• Immersive content and interaction

Opportunities

• Apps transferred to VR world
• Early adoption for first-mover advantage
• Example: New experiences in work, gaming, content consumption

Conclusion

• Revisit HubSpot’s Consumer Trends Report for valuable insights
• Open invitation to comment or ask questions about the discussed ideas
• Follow on Instagram @ishanSharma7390 for more updates