5 New Innovative Business Ideas

innovative business ideas

Innovation always helps to get success in the business. If you are looking for innovative business ideas, you are the right place. In this post, I will share new innovative business ideas. All these business ideas are based on real life success. These innovative business ideas will surely inspire you to setup your own business. All these business ideas are an outcome of out of the box creative thinking.

So let’s take a look at 5 New Innovative online business ideas.

5 New Innovative Business Ideas

Transportation based innovative business ideas

The first new innovative business idea is based on transportation. You can plan to start your own online cargo transportation services. The business model of this type of business is very simple. You need to tie up with transport service provider based on commission. Once it is done provide an online platform for capturing cargo shipment requirement. Based on cargo type and weight you need to send quotation and provide services.

Truckola is an example of an online Cargo Transportation Company. You can also call it as an aggregator that collects the requirement from the client and fulfill services by arranging transportation with the help of transportation service provider.  Another such example is Truck Bhada. Truck Bhada works with truck owner, transporter and load provider.

Also Read – 5 Unique New Business Ideas from Western Countries

Go Green based Innovative business ideas

The next set of business ideas is from go green initiative. You can plan to start your own business related to go green. This idea will be towards sustainable future. You can either plan to provide go green services or you can sell product related to go green.

Khetify is in the business of making modular urban farms. This modular farm can be fit into terrace or roof of your home. These types of farms are smart that can be watered by just sending SMS. Another business is related to the vertical garden. Griin is a pune based company that provide services of the vertical garden.

Envigreen is next example of go green business. Envigreen is in the business of manufacturing biodegradable bags. These bags are an environment-friendly substitute of plastic bags.

Automation based innovative business ideas

The next innovative business ideas are from automation industry. You can think of providing an IoT-based smart home solution or security solution. However, this type of business requires a lot of expertise and technical knowledge.

Silvan Innovation Lab is in the business of automation. They provide products like integrated property service management, Home Automation, Smart security solution etc.

Also Read – 20 Retail Business Ideas with Low Investment

Finance based innovative business ideas

You can plan to start your online aggregator finance platform based on artificial intelligence. This platform will be used to connect fund seeker and fund provider based on the algorithm. It is a complex logic and you will require experts for the same. You need to identify fund providers like banks or other organization and tie up with them based on commission. Arrange loan for fund seeker and enjoy commission from fund providers.

Capitalworld is an example of such service provider. Capital World will help you to get a home loan, business loan, personal loan or any other type of finance easily. This platform makes sure that you get the right deal for your requirement.

So what are you waiting for? Think of some innovative idea like above and start making money.

If you need any kind of technical assistance help please get in touch with us.

Share this knowledge:

Article by Shitanshu

Hi, I am Shitanshu. By Profession I am Engineer and working in the IT field. I am crazy about Finance and like to research on financial matters. I have written 80+ article on this blog. If you like my efforts kindly subscribe to this blog and also let your friends know about this website by sharing.

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Leave a Reply

Your email address will not be published. Required fields are marked *