With the rapid transformation in the economy of today, most working professionals in India seek to have side businesses to complement their income without losing their jobs. A person can start profitable business by investing a capital of approximately ₹1 lakh that are flexible, have growth opportunities, and are of low risk.
Let’s have a look at five such side businesses are listed below that one can start with such an investment:
1. Online Skill Classes and Digital Coaching
With India’s emerging online education industry, it is very profitable to teach a subject or skill using virtual (online) classes. From language instruction, coding, and graphic design, to competitive exam coaching, people can start with little investment- a decent laptop, internet, and some basic teaching tools. Zoom, Google Meet, and UrbanPro can serve as marketing platforms. Low expense combined with increasing demand for flexible learning makes it a feasible and side business with high margins.
2. Tiffin Service or Cloud Kitchen
For those who enjoy cooking, starting a food delivery service or cloud kitchen is an excellent small investment opportunity. With ₹1 lakh, one can arrange a basic kitchen setup, acquire licenses, and partner with popular food delivery platforms like Zomato or Swiggy. Focus on home-style or healthy meals, which are in high demand among busy professionals and students. This model requires careful planning but offers steady daily orders and good return potential.
3. Personalised Gift and Event Decor Business
India’s cultural energy based on celebrations and festivals develops a robust market for customised gifts and event decorations. ₹1 lakh is sufficient to acquire initial stock such as gift articles, packing materials, and decoration items. Promotion via social media platforms such as Instagram and WhatsApp enables reaching the target market. The business booms during festivals, weddings, and corporate gifting periods, providing a high margin of markups and repeat orders.
4. Digital Marketing Consultancy
Small and medium enterprises increasingly need assistance with social media marketing, SEO, and pay digital campaigns. If you have the skills in these areas, it does not take much capital to start a digital marketing consultancy, just a laptop and the internet. Freelance work for tasks such as Facebook ads management or content creation can generate decent extra income. There’s also scope of scalability if you wish to hire staff.
5. Online Marketing or Niche Blogging
For effective communicators with good writing skills, blogging and affiliate marketing present a way to earn passive income. Investment for ₹1 lakh goes mainly into website creation, domain registration, and SEO software. By selling products or services through targeted niche blogs or social media, one earns commissions on sales made through affiliate links from sites such as Amazon or Flipkart. Regular content generation and focus on a niche topic are important for success.
To Conclude
It is quite possible to start a side business with ₹1 lakh in India’s multi-dimensional economy. With digital skills, foodie market, or the vibrant market for personalised gifts, these opportunities offer flexible income without sacrificing the main job. By hard work and effective marketing, these side businesses can even increase and become full-time businesses in the long run and thus ensure money as well as economic fulfilment.
