Hottest startups of 2016: Paytm, Citrus Pay
Hottest startups of 2016: Paytm, Citrus Pay
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What's an end-of-year audit without some opposition? TOI got specialists in  the startup biological community to vote in favor of the best in the  business and additionally call attention to the year's highs and lows.Business person of the year: Girish Mathrubootham There's most likely Girish Mathrubootham is a Rajinikanth fan. Not just do  his office dividers highlight paintings of the hotshot, yet Mathrubootham's  startup has developed to a $700-million organization overhauling 100,000  customers in only six years. Whiz speed without a doubt and the 41-year-old  has done it his own particular manner.Editor's decision: Byju Raveendran Byju Raveendran, author of web-based learning stage Byju's, brought  Facebook organizer Mark Zuckerberg on board as one of his financial specialists.

Towards the end of the year, International Finance  Corporation, a World Bank speculation arm, emptied $15 million into his  organization. Byju's gives video substance to kids from Classes 5 to 12,  aside from video training for aggressive exams.Startup of the year: Paytm On the off chance that there is a segment that is profited from  demonetisation and the resultant money dry spell, it is advanced wallets,  for example, FreeCharge, MobiKwik, and Paytm. The minute Prime Minister  Narendra Modi made the declaration that removes individuals' money,  computerized wallets ventured into help millions make installments. Paytm,  the nation's biggest portable installments startup with more than eight  crore month to month dynamic clients, took out full-page ads in daily  papers and put its stickers on each other seller's slow down.

Editor's decision: Citrus Pay in a year that saw a few new companies closing down, Citrus Pay emerged.  The installment portal organization was procured by Naspers' PayU for $130  million, of which Rs 43 crore will be circulated among its 50  representatives. No less than 15 workers are set to stash more than Rs 1  crore, including an office kid slated to get practically Rs 50 lakh. It  will give one of its most punctual funding financial specialist four  circumstances the arrival.

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