Get thetop software ideas for startups, small business and SME that can help you make money. You are already a step ahead in the start-up game. Now that you have made up your mind to be-your-own-boss and contribute to India's economy being an entrepreneur in the start-up space, all you need is just an IDEA!
Launch your own startup with the help of top software or product ideas we have listed below that can actually help you to make money. We have listed softare ideas for students, engineers and entrepreneurs to start their small business in fture.
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Going with the stats, India ranks 3rd in the start up space. With the incredible support and encouragement that it receives from government and many other private firms all round the world, it is only going to increase. The latest studies show that at least 2-3 start-ups are born every day in India. You can choose toHire laravel Developerswho has good experience to covert yoursoftware ideasinto reality with help of technologies.
Going with the current trend on research and development, following are thetop software ideasthat you should focus on:
Addressing the elephant in the room, lets take a closer look at the30 top software ideas for startupsof the industries on which you can have a successful business from the software perspective.
Going with the current trend, a lot of experimentation is happening across the globe with respect to theblockchain technology. With its amazing features of decentralisation, enhanced security and faster processing, it has started gaining the market confidence. Associated with this is the latest buzzword, cryptocurrency exchage software. With the huge exponential rise graph of bitcoin a few years ago led to the rise of a lot of cryptocurrency exchange in the market which the users can invest in.
Blockchain being a niche tech in the present time, cost of developing a blockchain based cryptocurrency exchanges software would be aroundUSD $25,000 to north of $60,000. You could use python or C++ in the application layer with smart contracts developed in solidity with an estimated time of development being around a year. Cryptocurrency excahnge software ideas for startup is somethnig people are looking upto as it brings a lot of challenges and revenues for business.
You can take this change in consumer behaviour to your advantage and build a Cryptocurrency Exchange Software where in users will be able to buy and sell various cryptocurrencies with the country's currency. It would be a single point of access to the huge world of crypto to invest in.
An example of such an software is WazirX.
Continuing in the similar industry, you can have a blockchain based invoicing software. Invoicing is an essential part of any transaction between 2 parties. We can have a couple of entities in a blockchain and use features like smart contracts to make various kinds of payments within the network. Since it is a blockchain, every party within the blockchain must accept the contract and pass it on to the other which would ensure reliability and authenticity of the paying party.
Blockchain being a niche tech in the present time, cost of developing a blockchain based invoicing software would be aroundUSD $45,000 to north of $90,000. You could use Node JS or C++ in the application this application with an estimated time of development being around 2 years.
Cooking Guide is one of thetop software ideas for startupsto consider. In these days when people are super busy and want to have a relaxed weekend, food is the go-to thing which they enjoy the most. And in such time when you crave for some good home-made food, may be even home-made "gourmet" food, such an application is a must. You could develop an application which would contain the recipes of as much cuisines as possible with the exact ingredients and the steps of preparation. You could also include videos of recipes with it.
In addition to this, you also could have a recommendation engine running on ML algorithms to suggest new recipes to give the user a nice personalised experience.
As far as the pricing goes, this would cost somewhere aroundUSD $15000 to $20000to design and develop and can be completed in around 8- 9 months. You can experiment with the tech stack for this application. For the front-end part, you could use a hybrid framework like flutter to cater and backend using ourPHP Development Companyto design custom web application.
A hospital management software may cost you somewhere from north of USD $9,000- $18000 to design and develop from scratch. You can choose between popular tech stacks for development like MEAN or MERN or LAMP. For developing this, we are looking at a timeframe of anywhere between 6-8 months.
With the advent of COVID-19 pandemic, India sees the urgent need of having an efficient, low maintenance and low latency systems to manage the entire hospital. This entire suite would include a wide range of products like report generation, hospital management, patient on-boarding, insurance management, admin controls, automated prescription systems, pharmacy management systems and many more. There is huge scope of implementing multiple latest technologies to have the software even more efficient.
The Indian medical software industry is approximately worth USD $1 billion and is rising at an extremely fine rate on an YoY basis.
The rise of No-Code and Low-Code platforms like web development software in the recent past have left us in awe as to how a layman would be able to develop a web app all by himself without having a formal education or any past experience. It's amazing!. This is one of the topSoftware ideas for startupto consider for entrepreneur
Many companies have resorted to change their course to such developmental tools which ensures low development time thereby facilitating faster delivery. Such developmental tools must have a user-friendly interface with all the details presented graphically to the user and the user must be able to just drag and drop the artefacts with some minimal configuration level and styling customisations. Such tools are in much demand in the current era and the market is only expected to increase in future.
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A good web development tool could cost you a decent amount. May be in the range ofUSD $15,000-$20,000. This being an enterprise grade application, in my opinion, should use some sort of robust language like Java or C# in the backend with a framework of choice for the front end. Usually, developing this would take quite some time, ranging between 1-1.5 years.
Whenever we talk of an Insurance policy, the first step in the go-to market strategy to have the customers on board is to have a successful illustration module.
An illustration generation software is basically the entire insurance plan management software product in terms of money. It covers all the details like the premium to be paid each year, the sum assured collected at the end of each year, the surrender amount in case the policy is surrendered, the total amount you'll get at the end of policy term and many more. All these calculations happen in the basis of the type of product and features if it. In software industry we call them the rule engine.
Such products will serve you on a long-term basis. You can hire developers to develop this while you could work on having this product licensed to insurance companies and firms. In addition to this, we can also have a team to support the company in customising the product as per their needs every time they introduce a new product.
In India, the market size of the entire Insurance industry is expected to beUSD $280 billion. So, there is enough money to be earned, folks!
A benefit illustration generation application to be used in the insurance industry would be in the range ofUSD $7,000-$20,000monetarily with a tech stack of your choice like Laravel. You can hire Dedicated Laravel Developerto develop your custom application. Developing this would take somewhere between 1 to 2 years depending on the criticality and complexity.
Its 2021 and we still have the process of submitting hard copies of KYC documents and our pictures when we are getting ourselves a policy. Still the financial advisors are logging in to the website, filling up the details and submitting them. If the internet is wobbly and gets disconnected, they have to start all over again.
To handle such a scenario, you could go for an end-to-endapplication processing softwarein android and iOS. This application would be such that the financial advisors should be able to accumulate lead details whatever is required by the company as per company norms, get the pictures of the KYC documents (be it taking a photo using phone's or tablet's camera or getting it via phone memory), have the declaration and all the required documents signed and finally submit the application.
Such applications give the user (in this case, the financial adviser) an enhanced user experience as compared to the browser website. In addition to this, the customer will also feel a sense of transparency since they will be getting all the associated emails and messages at the very moment.
Such application are not that tough to develop but has a huge scope in the insurance industry. Marketed and publicised properly, such an application could have the potential to be an IRDAI standard for the insurance sector in its entirety.
Such an end-to-end application processing software to be used primarily the banking and insurance industry could cost you in the range ofUSD $15,000-$18,000. The tech that you could use for development could be some of the latest JS frameworks like Reach or Angular with a robust Java backend. For developing this, we are looking at a time period of about 1 year to a year depending upon the exact requirements and customisations.
Continuing in the same space, in such times of COVID-19 pandemic, a lot of fraudulent claims have been reported and insurance companies are leaving no stone unturned to gather data and trying to reject all that seems questionable in nature. This is where such fraud detection software proves to be a boon for the company and could save them millions. AI based Fraud Detection Software product is one of themost promising software ideas for startupswhich every entrepreneur is planning to get started in 2021.
This software should be able to learn and re-learn with the past data and the new ones fed to it. With this, there should be an ML algorithm in place which should, on the basis of past data, be able to detect a fraudulent claim when it comes to the system.
Such software may prove to be an essential investment for the company and can either be sold or licensed.
A fraud detection software as this could be a bit heavier on you pocket with an estimated cost ofUSD $10,000-$15,000. You could use python for its ML implementation with a JS based framework for its front end like React or Angular and a web framework like Django as its backend. Developing such an application could take around 1 year for design and testing with majority of the time spent in arranging an appropriate dataset to train the model.
There has been an entire paradigm shift in terms of working remotely since the advent of COVID-19 pandemic. With this, there has been a dramatic rise in the demand of having an efficient enterprise grade video communication software which would serve the most important purpose of connecting the employees in such tough times. Video Communication Software is expected to have and unimaginably huge traffic at any given point in a day. So, it is expected to be fault tolerant, should have minimal downtime and should be scalable to extreme levels when required. Since this would be sort of a live video streaming application, it will also be expected to maintain the highest quality resolution possible based on the network bandwidth of the user.
An example for such application would be Zoom.
A video communication software idea is highly scalable and could cost you somewhere aroundUSD $25,000-$35,000. Being a live video streaming software, it demands a robust backend with may be Java microservices and multiple relational (SQL or Oracle) and NoSQL (Mongo DB or Cassandra) databases at its disposal. Timeframe that we are looking at for this is around 1 year.
Hotel booking software using AI is most in demand by startups. It is one of thetop software development ideas by Startupswith minimum invest and maximum retur.This proposed application should be able to list out the hotels on the basis of location geographically. Along with this, this should be able to display the various types of accommodation that the hotels have to offer and the user should be able to book the rooms for the specific dates. However, it should also take care of the sold-out ones and should be able to handle the volume of users using it during the peak holiday seasons.
You can have an AI algorithm running in the backend which proposes the hotels to the users based on his past reservations. This would enable the user to choose better places in the future and have a personalized experience with the application.
An example of such software would be Trivago.
A hotel booking software is something which a developer could charge you aroundUSD $5,000-$8,000. You could experiment with the tech stack like use a hybrid framework like flutter in the UI and python for its ML model. Developing this application could take around 1.5 years for development. Lets read more about top software ideas for startups to consider in 2021 below
Plagiarism Detection Software would be a boon for content writers and search engine optimisation professionals. In this software, the user should be able to paste the content and the application would return the result of the fact that if this content seems plagiarised and the rate of acceptance of this article by various channels like google, publishing houses, etc. in addition to this, this could also have an additional feature of relevant keyword searches based on the topics entered and should able to return the details like the number of hits it might get, etc.
An example of such an softwware would be CopyScape.
A plagiarism detection software could be lighter on your pocket costing you aroundUSD $3,0000-$4,0000. Tech stack for this could be a Java or C# based backend with a windows application framework like WinForms for its front end. For this, we are looking at a development time of around 1 year.
The most important skill that anyone could possess is the intent of upskilling oneself. You could take this thought into your own advantage. You could have a comprehensive e-learning software ideas where-in user will have a wide range of skills to navigate from and choose the one to their liking. This could be initially set up with the videos taken from third party apps and integrating them in your own and at a later stage you could hire people to make the videos and content for themselves. This could be a great opportunity for the instructors as well to earn a few bucks on the side.
An AI algorithm could be put in place which will study the user search and subscription pattern and would recommend videos according to that.
An example of such software would be Skillshare.
An e-learning software might cost you aroundUSD $8,000-$12,000from the development perspective. You could use popular hybrid frameworks like flutter to develop its front end and java with microservices being the service layer. In addition to this, you could use python for implementing the ML model. The time frame that we are looking at from the developmental perspective is somewhere between 5-6 months.
With the advent of COVID-19 in 2020-21, there has been a huge surge in demand of an efficient project management application. Such applications enable the managers to track various phases of a project, manage larger teams, promote the use of efficient work cultures like AGILE, promotes employee collaboration, etc. This is an amalgamation of multiple modules across dimensions and if packed with useful features and marketed properly, could be the next big thing!
An example of such an software would be JIRA.
A project management software of this scale could cost you aroundUSD $10,000-$12,000. Since this application demands a lot of monitoring and process communication, we could use a windows application based framework for its front end and may be Java or C# or PHP as its backend and could take up to a year to build.
Millennials these days prefer time over money. They are willing to pay a few extra bucks to save an hour of their time, which is worth much more anyway. With this thought, you could have an on-demand medical services application which would cater to a huge customer base. This Virtual On-Demand Medical Services Software could include features like online doctors' consultation (this may be a video consultation or chat-based consultation), scheduling tests, sample collection and many more.
An example of such an Software would be Practo.
A medical services software like practo could demand not-so lavish capital to develop. Having said that, we are looking at a capital investment ofUSD $5,0000-$7,0000initially. You could use react or angular for its frontend dev while Node being the backend. Estimated time of development is around 1 year
Ecommerce software is one of the best software ideas to design and develop in 2021. You can practically sell anything and everything that is available at a showroom or a store, online. Try to figure out something unique or something that not many of the entrepreneurs have thought of and start selling. By this, you could also broaden the coverage area of small vendors in the most remote of locations to the entire country. in today's time, such applications are not so tough to build. There a number of entities that would do this for you. Or you could take a leap of faith in yourself and build it.
An example of such software would be Amazon.
An e-commerce software could be built with an initial investment of aroundUSD $6,000-$7,000. You could use popular frameworks and stacks like MEAN or MERN to develop this with an estimated time of development of around a year.
Maintaining an inventory in any kind of business is not a child's play. You can solve this problem by an all-purpose generic inventory management application which can be customised and modified on the basis of industry the client deals with. It may be a food inventory, a clothing inventory, a grocery inventory or it may be any inventory. This application would prove to be a boon for the owner as well as the staff working there.
An inventory management software idea for startups could be on the south ofUSD $3,000-$5,000from monetary perspective. You could use .Net stack for building such an software with an estimated time of around 4-5 months.
An app-aggregator software idea is basically an application which integrate, interact and pull details from multiple sources and displays on the application. There are multiple types of app-aggregators that are doing pretty well now. But there are still uncharted territories out there that are still waiting to be discovered. You could select an industry may be hospitality or news anything of your liking and have the details aggregated in your application. Since millennials like to have choices in everything and want to have a well-researched comprehensive aspect from multiple sources at their disposal, this might just be your thing.
An example of such an software will be Trivago.
An app aggregator of the suggested type could cost you aroundUSD $12,000-$15,000with an estimated time of development of 10 months. The suggested tech stack that you can go with could include MEAN or MERN.
With urbanisation and people moving from tier II/III cities to tier I cities for better lifestyle and earnings, car parking has become a big headache for majority of citizens. You could have a hybrid application (bot all the platforms like web, android, iOS) developed which would let the user know of all the parking locations that are vacant at the moment. You could also have a feature in it that would alert the user if any vehicle is approaching towards a particular spot.
Such an application would be a sigh of relief for the people of the city and they would not have to spend an additional hour just in search of a parking spot.
This car parking software idea could be moderately challenging to develop with an estimated cost of aroundUSD $15,000-$25,000. You have to build a robust backend system with multiple external API integration. You could use a solid well-known language like Java for the backend which would provide you with an excellent community support and may be React for its frontend. For this, we are looking at an estimated time of development of 5-6 months.
Chatbots are basically bots who can chat. Its as simple as that. Using the concepts of machine learning and natural language processing techniques you can develop chatbots for specific purposes. It could be used to automate daily mundane tasks as well. It has a wide range of uses in even wider range of industries. It could be used to give a personalised experience to the user for a certain function that they are looking for, it can be used as a first level of tech support and resolve the frequently occurring issues, it can order food for you, it can book appointments for you, it can book cabs and lots more. The main advantage of conversational bots or chatbots are minimal manual intervention and their availability 24x7.
A conversations bot software could cost aroundUSD $8,000-$12,000to built initially. From the tech perspective, either you could write your own NLP algorithm to deal with conversations or you could use existing SDKs like dialogflow or RASA. The language you are expected to use is python and a frontend could be with react or angular or flutter to ensure multi-platform support. Estimated time of development for this software would be 3-4 months.
We cannot ignore the fact that COVID-19 pandemic in 2020-21 was responsible for a huge paradigm shift in the way we lead our lives. And education sector was no exception to this. With the classes being taken online the entire education system was revolutionised. Taking this to your advantage, you could build an AI application which could convert voice to text. This would help students take down notes during the classes and minimise the chances of them missing something important. Such an application would also find its use in the writing community wherein the writers could just speak up their thoughts and everything would get noted instantly.
Building such software ideas for starups in 2021 is not that difficult. There are a number of libraries (like PyAudio) that can be used for this purpose.
The voice to text conversion software could cost youUSD $3,000-$4,000with an estimated time of development of 2-2.5 months. You might have to use python to support and leverage its wonderful text to speech libraries available. And the front end could be with any one of the popular hybrid frameworks.
In corporate world, there many day-to-day repetitive humdrum tasks that are being done by associates when they can clearly be automated. It's the same set of tasks people do every day. Taking this to your advantage, you could have an automation tool built which would be customised and used in various industries to automate their daily repetitive tasks. Such tools are called Robotic process Automation (RPA) tools which are in huge demand in the market right now.
And example of such a software would be Blue Prism.
An RPA tool would cost you somewhere aroundUSD $10,000-$12,000to build initially with an estimated developmental time of about a year. You have to use extensive ML in such an application to handle high volume and repetitive tasks to automate. Estimated time of development will be around a year to year and a half.
Since the internet has become quite affordable in India, the social media space has seen a significant rise in the number of Indian content creators on a wide range of niches. An application such as this could be the best thing for content creators and influencers who are in constant look-out of something better to edit their pictures and video. Built meticulously with well-thought planning and execution, this application could be one of its kind.
An example of photo and video Editing Software would be Final Cut Pro or Cymera.
A photo and video editing software cost you approximatelyUSD $3,000-$4,000. Since this is an editing application, it would be better to use low level languages like C++ to build rendering engines. The time frame that we are looking at for development is around 4-5 months.
Continuing in the same space as above, there are a ton of tutorials available on the internet. Such creators are in constant need of a screen recording application. With this thought in mind, you could build an application which would record the screen of the creator with some basic features like click recognition, pointer/cursor highlight, ability to zoom in/out whenever required and many more.
An example of such an software would be Vimeo.
A screen recording software would cost aroundUSD $10,000-$12,000with an estimated developmental time of 5-6 months. The tech stack that could be used for this purpose might include famous framework like WebRTC.
In the same space as above, there might be people who might have some pictures in which they would pretty great and awesome but do not like the background or there might a friend photo-bombing. With this headspace, you could have an application what would figure out just the region of interest (which in our case is the picture of the concerned) and crop that part out. With that cropped up picture you have a couple of editing options available in the application and may be an animated feature which would add a cartoon-like filter in the application.
This application would include the use of a certain level of machine learning models with libraries like OpenCV for at least human face recognition.
Such an software has the potential of being a huge hit with the users if packed with useful and well thought of features.
An example of such an application would be toonme.com
Such an image cropping and editing software would not require much initial investment. We are looking at a range ofUSD $2,000-$2,500. You would have to use python to use the facial recognition libraries mentioned above and the frontend could be something like flutter or Xamarin. You can continue reading about
No product is flawless. There is always scope of improvement in terms of functionality or usage. And every organisation has a team for addressing such lacunas in their product or a system. With this thought process in mind, you could have a complaint management system developed which would be responsible for the entire complaint lifecycle. It would have modules performing functionalities like taking the users' complaints, assigning it to the specific team or point of contact (POC), monitoring the resolution time and finally informing the users of the resolution on the complaint.
This could prove to be an important tool for the company in terms of assuring the users of the efficient after sales support and consumer redressal.
Such a complaint management Software could cost you aroundUSD $5,000-$6,000to develop. You could use a robust architecture like N-tier with language like Java or C# or PHP to develop its backend and its front end could be built with something like angular or react to give a better look and feel to the application. The developmental time could be somewhere around 10 to 12 months.
A customer relationship management (CRM) software is something that each and every organisation in business need. It is an essential part of their "drive success" mantra that is basically every organisation unsaid motto. A CRM is basically a software which helps companies to establish, maintain and improve relationship with customers. This software would consist of many modules like sales management, and lead management to name a few.
Such software ideas for startups will always be in demand due to their ease of use and hassle-free management. A CRM tool would be one of the best software start-up ideas.
An example of such a software would be Salesforce.
A CRM tool is something which is extreme demand in market and could cost you somewhere aroundUSD $12,000-$15,000. Going with the latest trends, the best tech stack for this would be wither MEAN or MERN with an estimated time of development of around 6-7 months depending upon the features being provided.
People love going on vacations. For them, it is way easier to browse flights or trains or busses in the comfort of their homes instead of going out and look for it. Using this to your advantage, you could have an e-ticketing booking platform where-in users would have an option to go through the details and book the respective ticket.
If someone is going on a vacation, chances are they might be looking for a hotel for their stay as well. You could also cater to this demand by having a hotel room reservation system integration in the same application where-in the users will browse through different hotels and will be able to book rooms/suites for them.
There should also be a module to manage all these bookings and should have a option to cancel it at an appropriate and agreed upon time.
An example of such an software product ideads would be MakeMyTrip.
Such a ticket booking software having multiple modules and management system integrated within it could cost you aroundUSD $18,000-$20,000initially. And the tech stack you could use is some latest efficient framework like MEAN or MERN stack. And for this we are looking at the developmental time of around 8-10 months.
With the rise of ransomware attacks in the recent past, there is a severe need of having an advanced security enhancement software. Not only should this software detect the malware on time but also it should be capable enough to eradicate from the system. You could build a software something like this which should be light weight and should run in the background from the moment the computer is turned on and should keep on monitoring.
A security enhancement software could cost you somewhere aroundUSD $10,000-$12,000. This being a security enhancement software, you might have to use low level languages like C++ to detect ransomware and malware. Estimated time of development for this would be around 8.10 months considering mechanisms to detect different types of ransomware.
There are times when people just remember the music or the tune of a song but not its name or lyrics. Sometimes, it drives people crazy that they don't even know anything about the catchiest earworm they have ever heard. You could take this idea and could make an application which would take some or whole of the music or tone of the song and would give you the entire list of the most relevant matches with an option to download.
This would help the users to finally live in peace!
A song finder software idea can be considered by startups ideas might be somewhere aroundUSD $3,0000-$5,0000with an estimated development time of around 5-6 months.
With work-from-home being the new normal starting in 2020, the companies are in constant look out to ensure that they do not overlap the professional with the personal. With this behavioural change, came the need to have an enterprise grade communication application to establish a healthy communication within the employees of the organisation without encroaching on their privacy. You could develop such an application with basic features such as chat, video chat, documents sharing, code sharing, etc.
An example of such an software would be Microsoft Teams.
Building such enterprise communication software ideas could cost you somewhere aroundUSD $15,000-$30,000with an average development time of 1 year. This is an application where you can expect heavy traffic and comparatively complicated system due to its live video streaming nature. You could use frameworks like WebRTC to develop such applications.
In this era when the data acquired in the last few years is much more than the data accumulated in the past century, the efficient management of data is an area that has not been touched in a while. You could use this to your advantage and develop an application which would enable organisations of different sizes manage their data. This would be a huge deal built properly with proper research.
In addition to this, you could also have a data leakage detection functionality in-built with your application which would trigger some safety measures and mechanisms if any sort of data leakage is detected.
By my assumption, cost of development could be somewhere aroundUSD $17,000-$20,000and we are looking at a timeframe of around 1 year. For developing such an software ideas, you might have to set up a lot of checks in and around the system. To cater to this, you could choose a relatively easy to apply language like python and use its extensive features to achieve the requirement.
With big enterprises, comes big responsibilities. One of the major attributes of this "big responsibilities" is the fact that business should run no matter what. This is assurance is being ensured in something called as Business Continuity Plan. This is a must of for each and every organisation. You could have such an application developed wherein there should be provisions to ensure business continuity in times of an unforeseen situation like that of disaster, hardware failure, etc. You could have a functionality integrated in this where-in a notification will be triggered to all the concerned officials whenever there is some kind of failure. In addition to this, the application could also perform the basic first steps to control such scenarios.
Such a business continuity software or product ideas would cost you aroundUSD $18,000-$25,000. You could use robust proven tech like Java or PHP in the backend with any of the JS based framework for its frontend. The developmental time we are looking at for this application is around 8 months to a year.
I hope this complete list of updatedsoftware ideas for startupscan help you to bring new dimension for design and development of such application in India and USA. This era of massive digitization and huge technological advancement brings in vast potential for the tech start-ups. Even the government is highly inclined on setting up incubators and is encouraging the start-up community with financial help and motivation. The age-old perception of just being a "doctor or an engineer" is on the verge of extinction. People these days value innovation and out-of-the-box thinking more than ever.
If there was not Jobs to believe in Wozniak, then there would not have been a company with a market valuation as that of a small country's GDP. If Larry and Sergey did not believe in themselves and gotten out of their comfort zone to build Google out of a garage, maybe we would not be having the concept of smart homes yet. If Bezos had continued with his well-paying comfortable job and not believe in himself, maybe we could never have seen the revolution in the way we shop.
All you need is belief. In your capabilities. In yourself. For ideas, we got you covered!
Hopefully, you could take a topic of your liking and start your own business and scale it to unbounded measure. And if you need any sort of assistance with your idea turning it into reality, we are just an e-mail away!