It could very well be that you recently heard that it is far better to opt for a franchise rather than starting a business of your own from scratch, right? But the thing is, usually, these franchise opportunities cost a bit too much, like a few lakh rupees to just get started. Though, that’s not the case will all of the brands out there that offer franchises, especially in India. There are a few that offer those so-called “low-cost” franchise business opportunities, and today we will be taking a good look at just that. Here we are about to list the top 10 low-cost franchise businesses in India for 2024, so, let’s get to the list right away.
1. TinyBots
Did you know that there are some hands-on science activities that actually can help students learn better and retain what they learned, by up to 80%? This is the main principle that TinyBots was established on when it was established in 2012. By providing interactive science kits to kids, TinyBots encourages children to actively participate rather than passively observe, thus helping them get knowledge in a fun way, you know? And just to be clear from the start, like any other franchise opportunity on this list, TinyBots only costs about 10,000 rupees to start, and that’s all.
2. Patanjali
Hate it or like it, but you must admit that there is a huge demand for Patanjali products in the country, and that’s precisely where you can capitalize. How? Well, they surely offer franchise options, and that too with as little investment of only ₹50,000. All in all, if your focus is on wellness, Patanjali’s cheap franchise plan will be a gateway to a sky-high market.
3. Bean Here
Have you ever imagined doing a business with coffee that you like? Bean Here is a cafe franchise that has a great theme, it has the idea of connecting the art of coffee with an amazing experience for diners, you know? And just so you know, it is a place well-liked because of its unusual decor and specialties like bubble tea. The starting investment of only ₹2 Lakhs is the best signal for any newcomer to the Indian cafe world who wants to take on this business already meeting the growing coffee preference of the country.
4. Kalapurnam Institute
Were you aware that a number of India’s leading animators kick-started their careers at the Kalapurnam Institute? This institution, founded in 2006, has been kinda a huge name in the proficient training in animation, design, and art thus allowing the media and entertainment industry to have a properly skilled workforce. Their franchise business starts from ₹2 Lakhs, and Kalapurnam has been an alternative method of support for wannabe artists while the education system is on the boom.
5. Amul Ice Cream
For the last 75 years, Amul has been the brand of trust for Indian households, that’s what we are pretty certain of. Do you know that it is the leader in the ice cream business as well? With just an investment of ₹5 Lakhs, you can be a part of Amul Ice Cream franchising and enjoy the advantages of the brand name and Amul’s large, loyal customer base, you know? And sure, the main marketing activities are also managed by the brand Amul, which is why the franchises are succeeding. Are you interested in a reliable food franchise for investment? Well, ₹5 Lakhs is what you’ll need, and that’s all.
6. Himalayan Range
Next on the list, the brand, Himalayan Range which was founded in 2015 is making quite the name with its eco-friendly kitchenware and organic products in the country. Want to know how much it takes to join? Well, the franchise packages start at as little as ₹50,000 making you a part of this eco-friendly revolution. The number of customers wanting eco-friendly products is increasing rapidly and joining hands with the Himalayan Range, thus, one gets an opportunity to capitalize on the cause-based business.
7. Jugnoo
What’s this one? Well, for those who don’t know, Jugnoo is an app for auto-rickshaw aggregators that was started back in 2014. Though, over a period of time, it has gained a foothold in the area of hyperlocal delivery services. The total cost of becoming a franchisee of Jugnoo starts from ₹2 Lakhs, and this amount will grant you entrance into both the transportation and delivery sectors. There is no doubt that if you are interested in flexibility and making use of multiple income streams, Jugnoo would be a cool low-risk business model to check out.
8. Alliance Recruitment Agency
If you’ve got eyesight that can grab the latest trends, and a good ear can hear the noises of the recruitment environment, then you’d better join one of the fastest-growing companies, Alliance Recruitment Agency, which has been providing excellent results since 2010. They offer lots of possibilities for franchisees in totally different fields, like IT, health care, and finance. A franchise starting at as low an amount as ₹50,000 is available for the taking just so you know.
9. Momomia Food
Can anyone ever say no to steaming hot, tasty momos? Momomia Food, a quick-service restaurant for momos and other dishes, has gained a devoted following among the growing street food trend in India, you know? And just so you know, for a franchise investment of as little as ₹2 Lakhs, Momomia can give you a piece of the food business. Fast, cheap foods are on the rise for sure today thus the Momomia Food franchise is the way to go if you want to make a lot of money on a small investment.
10. Brightt Kids
As parents all over the world are now looking for ways to get their kids educated in a better way, so are firms like Brightt Kids. Why? Well, they have come up with a very unique business venture that they will probably allow you to join in. The franchise was launched in 2009 and gives young children the time and space they need to grow. You can help in the spiritual and emotional development of children through a little investment of only ₹25,000, so if you want to join, do consider their offerings.
Conclusion
That’s pretty much it. Sure, there are many more low-cost franchise opportunities, but in our opinion, these are by far the best ones out there with a good brand backing and an already established customer base.