For an aspiring entrepreneur, the possibilities are endless in a developing nation like India. Whether your desire is to run a gym that helps people live healthier lives or your own food delivery service, there are lots of chances in the Indian market just waiting to be discovered.
Additionally, the Indian franchise market is expected to reach a valuation of $140–150 billion over the next five years, making this the ideal time to consider starting a franchise in India.
It can be difficult to choose what kind of small franchise firm to launch, though. We’ve compiled a list of some of the most profitable small franchise company ideas to assist you with this.
Discovering opportunities in the low-investment franchise company sector where you can make a lot of money without having to pay a lot is like discovering something special. There are many different kinds of enterprises in India that can yield significant profits without requiring a large initial investment.
Aspiring business owners in India frequently look for possibilities that offer significant returns with little initial investment in the country’s dynamic and rapidly expanding industry. Franchises offer an appealing option for anyone wishing to launch their own business without the significant financial burden usually connected with new initiatives: low startup costs and large profit margins.
You must first get a basic knowledge of these franchises in order to gain knowledge more about them.
A Franchise: What Is It?
The largest application of the franchise model is in large-scale growth in businesses. Subsidiaries are formed when the parent firm or organization gives them the green light to establish a store.
This new business is an official branch of the main company, which is typically run on commission, with a tiny percentage of sales going to the owner. That was how a franchise model worked at its core.
Top Business Loan Offers in 2024
| Loan Provider | R.O.I | Processing Fees | Loan Amount | Cibil Score |
| HDFC Bank Business Loan | 16% – 20% (Reducing Per Annum) | 1% – 2% | 1.00 Lacs – 10.00 Lacs | 700 |
| Poonawala Finance Business Loan | 18.75% – 20% (Reducing Per Annum) | 2% – 4% | 2.00 Lacs – 10.00 Lacs | 700 |
| Bajaj Finserv Business Loan | 21% – 24% (Reducing Per Annum) | 2% – 3% | 1.50 Lacs – 30.00 Lacs | 720 |
| Tata Capital Business Loan | 22% – 25% (Reducing Per Annum) | 3% – 4% | 1.00 Lacs – 15.00 Lacs | 675 |
| Lendingkart Business Loan | 21% – 40% (Reducing Per Annum) | 3% – 4% | 1.00 Lacs – 1.00 cr | 600 |
| Incred Business Loan | 16% – 33% (Reducing Per Annum) | 2% – 5% | 50.00 k – 10.00 Lacs | 650 |
| Flexi Business Loan | 18% – 30% (Reducing Per Annum) | 3% – 4% | 1.00 Lacs – 25.00 Lacs | 700 |
| Indifi Unsecured Business Loan | 18% – 30% (Reducing Per Annum) | 3% – 4% | 1.00 Lacs – 30.00 Lacs | 700 |
| PaySense Business Loan | 18% – 22% (Reducing Per Annum) | 2% – 6% | 50.00 k – 10.00 Lacs | 700 |
| Ayefin Business Loan | 28% – 29.5% (Reducing Per Annum) | 2.5% – 3% | 5.00 k – 3.50 Lacs | 650 |
| Faircent Eazzy Loan | 25% – 30% (Reducing Per Annum) | 7% – 8% | 50.00 k – 1.50 Lacs | 630 |
| Money View Business Loan | 16% – 36% (Reducing Per Annum) | 2% – 5% | 5.00 k – 5.00 Lacs | 650 |
| Hero Fincorp Business Loan | 19% – 27% (Reducing Per Annum) | 2% – 4% | 1.00 Lacs – 5.00 Lacs | 630 |
| Faircent Business Loan | 25% – 30% (Reducing Per Annum) | 7% – 9% | 50.00 k – 10.00 Lacs | 550 |
| Ambit Finance Business Loan | 20% – 28% (Reducing Per Annum) | 3% – 3.5% | 2.00 Lacs – 50.00 Lacs | 675 |
| Choice Finserv Business Loan | 22% – 26% (Reducing Per Annum) | 2% – 3% | 1.00 Lacs – 7.50 Lacs | 700 |
| Get Vantage Business Loan | 16% – 20% (Reducing Per Annum) | 5% – 8% | 5.00 Lacs – 10.00 cr | 700 |
| Recur Club Business Loan | 16% – 20% (Reducing Per Annum) | 2% – 3% | 10.00 Lacs – 10.00 cr | 650 |
| MAXEMO Business Loan | 22% – 30% (Reducing Per Annum) | 4% – 8% | 5.00 Lacs – 30.00 Lacs | 650 |
| ARKA Business Loan | 18% – 20% (Reducing Per Annum) | 2% – 3% | 1.00 Lacs – 30.00 Lacs | 700 |
| FINAGG Supply Chain Finance | 18% – 20% (Reducing Per Annum) | 2% – 3% | 1.00 Lacs – 50.00 Lacs | 700 |
| Stashfin Business Loan | 2.45% – 4% (Fixed Monthly) | 1% – 1% | 10.00 k – 5.00 Lacs | 725 |
| HDFC Bank Business Loan | 16% – 18% (Reducing Per Annum) | 1% – 2% | 1.00 Lacs – 75.00 Lacs | 700 |
| ICICI Bank Business Loan | 16% – 18.5% (Reducing Per Annum) | 1.5% – 2% | 10.00 Lacs – 1.00 cr | 700 |
| Yes Bank Business Loan | 16.5% – 19.5% (Reducing Per Annum) | 2.5% – 4% | 5.00 Lacs – 50.00 Lacs | 650 |
| Induslnd Bank Business Loan | 16% – 20% (Reducing Per Annum) | 2% – 3% | 10.00 Lacs – 50.00 Lacs | 680 |
| AXIS Bank Business Loan | 16% – 18% (Reducing Per Annum) | 1.75% – 3% | 5.00 Lacs – 75.00 Lacs | 700 |
| Kotak Mahindra Business Loan | 16% – 18% (Reducing Per Annum) | 2% – 3% | 5.00 Lacs – 2.00 cr | 630 |
| Deutsche Bank Business Loan | 16% – 20% (Reducing Per Annum) | 2% – 3% | 15.00 Lacs – 1.00 cr | 680 |
| IDFC Bank Business Loan | 16% – 19% (Reducing Per Annum) | 1.5% – 3% | 10.00 Lacs – 75.00 Lacs | 700 |
| Standard Chartered Business Loan | 16.5% – 18% (Reducing Per Annum) | 2% – 3% | 10.00 Lacs – 1.00 cr | 720 |
| Unity Bank Business Loan | 16.5% – 22% (Reducing Per Annum) | 2% – 3% | 10.00 Lacs – 50.00 Lacs | 700 |
| Bajaj Finserv Business Loan | 17% – 20% (Reducing Per Annum) | 1.75% – 3% | 5.00 Lacs – 50.00 Lacs | 700 |
| Aditya Birla Business Loan | 15.75% – 20% (Reducing Per Annum) | 2% – 3% | 5.00 Lacs – 50.00 Lacs | 700 |
| Aditya Birla Business Loan (Small) | 23% – 29% (Reducing Per Annum) | 2.5% – 3.75% | 1.00 Lacs – 10.00 Lacs | 700 |
| Tata Capital Business Loan | 17% – 20% (Reducing Per Annum) | 2% – 3% | 7.50 Lacs – 50.00 Lacs | 700 |
| Hero Fincorp Business Loan | 18% – 21% (Reducing Per Annum) | 2% – 3% | 7.00 Lacs – 40.00 Lacs | 700 |
| Piramal Finance Business Loan | 16.49% – 25% (Reducing Per Annum) | 2.75% – 4% | 1.00 Lacs – 15.00 Lacs |
- A Food and Beverage Kiosk Franchise
In India, launching a food kiosk franchise might be an excellent low-investment option if you’re looking to get into the food industry and get expertise.
Franchise options for food kiosks are available from many well-known eateries. Equipment, signs, merchandise, and training expenses are all included in the modest initial outlay.
But be careful to choose a good site for your food kiosk. You can consider launching your own food business after your venture takes off and you have become an expert in the day-to-day operations of the food industry.
- A Franchise for Educational Businesses
India is home to a sizable number of globally aspirational students. Numerous reputable educational institutions aim to broaden their clientele by providing franchise opportunities. Consider launching an education franchise business with one of the reputable education and training facilities if you have an educational background in academia and a love of teaching.
The little upfront cost would be used to secure a location for the classes. Appropriate training and course materials would be supplied by the recognized educational institution. You can expect a rapid rise in student enrollment with a respected name.
When you’re ready to grow, you can acquire larger classrooms and recruit more instructors to handle the rising student body.
- Invest in Refer Loan’s Fintech Franchise
Refer Loan connects business aspirants with a vibrant marketplace where franchise holders may meet customers looking for loans and credit cards, among other financial goods. Franchise owners can work with many banks and NBFCs all throughout the country because of Refer Loan’s widespread reliability in India.
Refer Loan provides a wide range of financial solutions to its franchise partners, assembling a genuine financial bouquet. This covers loans secured by real estate, mortgages, auto loans, gold loans, and lots more. Refer Loan provides all necessary financial needs, including working capital, personal loans, business loans, and equipment loans. Additionally, Refer Loan provides specialist solutions such as educational loans through the CGTMSE program.
Refer Loan offers franchise options that start at the city or pincode level, guaranteeing each franchisee exclusive rights in their assigned region. When necessary, franchise holders can add or remove agents from their teams as they are built and managed. Franchisees can expand their businesses profitably with an enticing 80% profit-sharing plan. ₹11,000 is the startup cost of a franchise.
You have access to a multitude of tools and services as a ReferLoan Silver Franchise partner, all of which are designed to support your success. This involves access to more than 300 banks and NBFCs, a partner dashboard specifically designed for that purpose, over 300 DSA codes, and more than 40 APIs for prompt digital sanctions.
- A Franchise in Wellness and Beauty
Spas, nail salons, and beauty salons are just a few of the many that fall under the umbrella of the wellness and beauty sector. It has been projected that this industry would increase significantly due to the nation’s huge population of employees and rising disposable incomes.
Think about starting a wellness and beauty spa franchise in India if you’re searching for a low-risk, low investment business with rapid payoffs. It would be beneficial to have training as a beautician. All reputable beauty establishments do, however, provide training upon request.
From a single room in your house, you can launch a franchise for a beauty shop. For the provision of initial inventory, brand items, and training, the brand would impose certain fees.
- A Franchise in the Digital Marketing Business
Digital marketing is essential for any business in the internet age. Companies are spending more and more on digital marketing in order to expand and advertise. Even though it’s a very profitable sector, getting started in it is challenging because reputation is so important.
A great miniature franchise business in India to start is a digital marketing franchise to gain some traction in the industry. Digital marketing training is not required but would be beneficial.
For associated expenses, you can purchase the franchise of a reputable digital marketing company with just a laptop. Gaining customers won’t be tough if you have a reputable business on your corner.
In order to provide your clients with excellent service, make sure you stay up to date on the latest marketing strategies.
- A Franchise for Food Delivery Services
Due to growing earnings, more options, and related convenience, more consumers are placing food orders online. Food delivery franchises are being offered by well-known food businesses in response to the growing demand, particularly in medium and large cities.
One of the greatest franchise business ideas in India with low startup costs and big profits is to launch a food delivery franchise under a well-known brand. Your investment would consist of office space expenditures, car purchase or rental fees, and brand signage fees.
A respectable brand’s food delivery franchise would have a number of advantages, including a tried-and-true business plan, a pre existing clientele, and brand assistance in urgent situations when needed.
These would all assist you in launching your business swiftly and making healthy profits.
- Franchises for Fitness Centers and Gyms
As more people invest in their personal fitness and wellness, the health and fitness sector is experiencing an unparalleled boom. Every city is seeing an explosion in demand for gyms and fitness centers, and the market is open for acquiring new customers.
For a novice business owner, however, opening a gym and fitness center from the ground up can be a risky and expensive undertaking. Starting a gym and fitness franchise under a reputable fitness brand is a low-investment alternative if you’re trying to break into the fitness sector.
You would be required to invest in gym equipment like treadmills, bicycles, etc., and a reasonably large space in a proper location for this kind of enterprise. Steady enrollment and prompt returns would be guaranteed by the brand’s existing reputation and consumer base.
- A Franchise for Event Management
To make their celebrations or events unforgettable, individuals and businesses alike are increasingly using event management organizations.
In a highly competitive environment of event management, it can be difficult for novices to establish themselves. Purchasing a franchise from a reputable event management firm, however, is a low-risk and low-investment way to get started in the market and make substantial profits.
The costs of hiring staff, leasing office space, and brand fees would be your largest investment. By combining your personal abilities with the brand’s management knowledge, you can develop a distinctive approach to event management.
Bottom Line
Looking for a low-cost franchise in India comes with several advantages, such as well-known brands, successful business plans, and extensive support networks. Aspiring business owners can select a franchise that fits their interests and budget from a variety of industries. These low-cost franchises offer a low-risk and potentially very profitable route to business entrepreneurship.
The list of Indian small franchise companies comes to an end at this point. Once you’ve chosen a franchise business concept, you may be considering your financing alternatives. Although you can use your funds to fund your new venture, you might want to look into business loans.
The multipurpose business loans through Refer Loan’s platform include minimal documentation requirements, flexible payback plans, and competitive interest rates. Furthermore, the immediate loan approval provided by Refer Loan’s partner lenders guarantees that your business launch won’t be delayed unnecessarily.