Untapped markets in India where startups can really flourish

| 2025-09-27 | Spotlight
untapped markets India, startups India 2025, eldercare startups India, agritech opportunities India, EV charging India market, waste management startups, mental health startups India, circular economy India

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India’s growth story still hides large, under-served markets. Below are five high-potential opportunities where smart startups can scale fast with recent data and sources to back each pick.

1. Eldercare and senior living

India’s ageing population and changing family structures are creating demand for home-care services, assisted living, geriatric healthcare and tech for caregivers. Senior-living and eldercare services are projected to expand substantially, analysts estimate the senior living opportunity could grow several-fold to reach multibillion-dollar levels by 2030.

2. Agritech beyond marketplaces

While digital marketplaces exist, gaps remain across farm-level inputs, precision farming, post-harvest cold chain and value-added processing. Reports show India’s agritech market is still small relative to the agriculture sector but growing fast (double-digit CAGR), which means room for startups that reduce risk, increase yields, or unlock downstream value.

3. EV charging, battery services and last-mile electrification

As EV adoption rises, charging infrastructure, battery-swapping for two/three-wheelers, and fleet electrification services are underbuilt in many cities and highways. Market studies project rapid growth in EV charging infrastructure over the next 5–10 years, a clear invite for infrastructure-as-a-service, depot charging for fleets, and pay-per-use models.

4. Waste management and circular-economy solutions

Formal waste collection, segregation-at-source, industrial EPR (extended producer responsibility) compliance, and recycling tech are all underserved. The organised waste-management market has shown strong revenue growth and forecast expansion, creating opportunities for tech-enabled collection, material recovery, and upstream product-design services that reduce waste.

5. Mental-health and affordable behavioural healthcare

Mental-health awareness is rising but access remains limited, especially outside big cities. Digital therapy, employer mental-health programs, localized and vernacular content, and hybrid (tele + in-person) care models can bridge supply gaps. Market forecasts show the mental-health apps and services segment expanding rapidly over the coming decade.

The Right Moment for Disruption

Demographics (ageing and youth), rapid smartphone penetration in smaller towns, government policy push on EVs and waste rules (EPR/Swachh Bharat 2.0), and investor appetite for climate and health-tech combine to lower barriers and increase demand for scalable solutions.

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