India is estimated to have the largest millennial population by 2020, with 29 being the median age. Characterized as confident, determined and conscious individuals, millennials are known for living life the smart way. Be it finding the perfect accommodation or landing the right job, they prefer technology platforms over traditional channels to go by their everyday life. In this regard, here are the top 5 tech-driven startups that helping Gen-Z with their daily lives in 2020.
Operational since 2016, Colive offers rentable branded and serviced homes near educational institutes and major business parks. Colive’s fully-furnished properties come with a host of modern amenities, including Wi-Fi and DTH support, on-demand housekeeping and laundry service, concierge facilities, 24x7 security and more. Targeted primarily at millennials, the startup arranges fun-filled events and activities for its residents. These include game nights, movie screenings, stand-up comedy nights etc. The USP of Colive properties is the careful balance between design and functionality.
Confirmtkt is an online train ticket discovery and booking engine delivering a seamless search and booking experience to travellers. The platform has a one-of-its-kind feature of predicting the status on waitlisted tickets and suggesting alternate travel options to them in case of unavailability of direct connecting trains. Since Confirmtkt caters to budget travellers with a smartphone, it is the perfect choice for many millennials who are living paycheck to paycheck. The online platform also facilitates real-time train tracking, even in the offline mode!
NoBroker.com is India’s leading brokerage-free property platform that leverages advanced technologies such as AI, ML and data analytics to facilitate hassle-free house hunting. This Bangalore-based startup helps millennials find their perfect choice of accommodation as requirements. The platform also utilizes real-time data to offer smart recommendations to users, thereby enabling them to make informed decisions while renting or purchasing a home. Furthermore, NoBroker.com has several tech-based features like Life Score, Rent-O-Meter, and Transit & Liveability Score, which provide an overview of any particular property.
As India’s first self-drive mobility platform, Zoomcar is the undisputed market leader in the self-drive space with over 10,000 cars in its fleet. With a strong focus on the mobile experience, Zoomcar enables users to rent cars by the hour, day, week, or month. Currently present across 45 cities in India, it has emerged as the fastest-growing car rental and fleet service provider. The platform has over 9,000 live millennial subscribers which account for 70 per cent of their current vehicle subscribers. The fact that users can rent a car anytime from anywhere makes Zoomcar the favourite among millennials.
Founded by millennials, Goalwise is helping India’s young population to take up mutual fund investing. Goalwise offers a world-class ‘set and forget’ goal-based investing solution that single-handedly oversees all aspects of investing, including mutual fund selection, portfolio rebalancing, glide path, target tracking and more. In addition to providing a seamless investment experience through its website and app, the platform also facilitates one-on-one personal finance planning, led by its in-house team of financial experts over phone calls.