India's startup ecosystem has witnessed a remarkable boom in recent years. Among the shining stars of this growth are the unicorn companies - startups valued at over $1 billion. These companies have successfully disrupted various industries and carved a niche for themselves in a highly competitive market. In this article, we will explore the complete list of unicorn companies in India.
Unicorn Companies in India
As of February 2024, there are 111 unicorn companies in India.
Krutrim has emerged as the first unicorn of 2024, marking a significant milestone for the year.
India ranks third globally in terms of unicorn count, after the United States and China.
The majority of unicorn companies in India are headquartered in Bangalore, followed by Delhi and Mumbai.
Indian unicorns, Flipkart (acquired by Walmart), PhonePe, and Swiggy, are currently valued at over $10 billion.
The success of unicorn companies has contributed significantly to India's GDP growth and job creation.
Indian unicorns such as Ola, Oyo, and Zomato have disrupted traditional industries by leveraging technology to offer innovative solutions.
Fintech unicorns like Paytm, Razorpay, PolicyBazaar, and PhonePe are spearheading the digital transformation of India's financial services industry.
E-commerce giants like Flipkart, Snapdeal, and Paytm Mall have revolutionized the way Indians shop.
India's large consumer market coupled with the proliferation of mobile internet has played a pivotal role in nurturing startups and empowering them to scale rapidly.
The government's initiatives such as "Startup India" have created an enabling environment, offering tax benefits and simplifying regulations for startups.
Full List of Unicorn Startups in India (2024)
Here is the full list of unicorn companies in India:
1. BYJU’S
Founders: Byju Raveendran, Divya Gokulnath
Valuation: $1B
Total Funding Amount: $6B
Key Investors: Lightspeed Venture Partners, Tiger Global Management, Tencent, Peak XV Partners, General Atlantic
Founded Year: 2011
BYJU’S is an EdTech company that has revolutionized learning by offering personalized experiences through its online learning app. With a focus on students of all ages, the platform ensures that each individual is able to learn at their own pace and at a level that is suitable for them. Using a combination of videos, interactive simulations, and engaging quizzes, BYJU’S provides a unique and effective way to learn.
2. Flipkart
Founders: Binny Bansal, Sachin Bansal
Valuation: $37B
Total Funding Amount: $14.3B
Key Investors: Accel, Tiger Global Management, Tencent, SoftBank Vision Fund, GIC
Founded Year: 2007
Flipkart is known for its wide selection of products, competitive prices, and convenient delivery options. The company also offers a variety of payment options, making it easy for customers to purchase their desired items. Flipkart is a convenient and affordable way to shop online in India. With its wide selection of products, competitive prices, and convenient delivery options, Flipkart is a popular choice for Indian consumers.
3. PhonePe
Founders: Burzin Engineer, Rahul Chari, Sameer Nigam
Valuation: $12B
Total Funding Amount: $2.6B
Key Investors: General Atlantic, Flipkart, Walmart
Founded Year: 2015
PhonePe is a digital payments platform that seamlessly allows users to make a variety of transactions, including sending and receiving money, recharging mobiles, and paying bills. With its easy-to-use interface and secure processes, PhonePe has rapidly gained popularity among users across India.
4. Swiggy
Founders: Nandan Reddy, Sriharsha Majety, Rahul Jaimini
Valuation: $6.5B
Total Funding Amount: $3.6B
Key Investors: Accel, Bessemer Venture Partners, Goldman Sachs, Norwest Venture Partners, SoftBank Vision Fund
Founded Year: 2014
Swiggy has revolutionized the way people order food online. As an online food delivery platform, Swiggy provides a seamless and convenient experience to its users by connecting them with restaurants all over the city and ensuring doorstep delivery of their favorite dishes. With an intuitive app and website, customers can easily browse menus, place orders, and track their delivery in real-time.
5. OYO
Founders: Ritesh Agarwal
Valuation: $5B
Total Funding Amount: $9B
Key Investors: Lightspeed Venture Partners, Peak XV Partners, SoftBank Vision Fund, SoftBank, InnoVen Capital
Founded Year: 2012
OYO is a hospitality company that has disrupted the traditional model of budget accommodation and hotel management. With a technology-driven platform, OYO provides seamless booking experiences for travelers seeking affordable yet comfortable stays. Its innovative approach to hotel management has also attracted property owners who may not have had the resources or expertise to run their own hotels.
6. Zomato
Founders: Deepinder Goyal, Pankaj Chaddah
Valuation: $8B
Total Funding Amount: $2.7B
Key Investors: Sequoia Capital, Tiger Global Management, Peak XV Partners, Temasek Holdings, Baillie Gifford
Founded Year: 2008
Zomato, an online restaurant guide and food ordering platform, allows users to order meals from restaurants and have them delivered. It is one of the most popular food delivery apps in India. Zomato offers a wide selection of restaurants to choose from, detailed menus, a convenient ordering and delivery process, real-time tracking, and multiple payment options.
7. Dream11
Founders: Bhavit Sheth, Harsh Jain
Valuation: $8B
Total Funding Amount: $1.6B
Key Investors: Tiger Global Management, Tencent, TCV, DST Global, Kalaari Capital
Founded Year: 2008
Dream11 is a fantasy sports platform that has revolutionized the way sports enthusiasts engage with their favorite games. With Dream11, users have the opportunity to create their virtual teams, picking their favorite players and earning points based on their real-life performances. Whether it's cricket, football, or any other sport, Dream11 provides a unique opportunity for fans to test their knowledge and skill while also enjoying the thrill of the game.
8. Paytm
Founders: Vijay Shekhar Sharma
Valuation: $16B
Total Funding Amount: $4.6B
Key Investors: SoftBank, SAIF Partners, MediaTek, Ant Financial, Berkshire Hathaway, T. Rowe Price, Alibaba Group
Founded Year: 2010
Paytm, a digital payments and financial services company in India, is one of the most popular payment apps in the country. Paytm offers a wide range of services, including mobile payments, bill payments, online shopping, and financial services, making it a convenient and affordable one-stop solution for all of your financial needs.
9. Ola
Founders: Ankit Bhati, Bhavish Aggarwal
Valuation: $3.5B
Total Funding Amount: $5B
Key Investors: Tiger Global Management, Tencent, Peak XV Partners, Temasek Holdings, SoftBank Vision Fund
Founded Year: 2010
Ola is a popular ride-hailing platform that has been transforming the way people travel across India. It offers a convenient and affordable way to book cabs in various cities, making transportation easier for millions of people. Whether you need a ride for your daily commute or a special occasion, Ola has got you covered with its wide range of cab services.
10. Freshworks
Founders: Girish Mathrubootham, Shan Krishnasamy, Vijay Shankar
Valuation: $3.5B
Total Funding Amount: $484M
Key Investors: Accel, Sequoia Capital, Tiger Global Management, Peak XV Partners, CapitalG
Founded Year: 2010
Freshworks, a cloud-based customer support software company, provides helpdesk support with automation solutions. Freshworks' helpdesk software is designed to help businesses improve their customer support experience by streamlining their support processes and automating repetitive tasks. It offers a variety of features, including ticket management, knowledge base management, automation, and reporting and analytics.
11. Razorpay
Founders: Harshil Mathur, Shashank Kumar
Valuation: $3B
Total Funding Amount: $816.3M
Key Investors: Lightspeed Venture Partners, Tiger Global Management, Salesforce Ventures, Peak XV Partners, TCV
Founded Year: 2014
Razorpay is a payment gateway and financial technology platform that has revolutionized modern businesses with its user-friendly online payment solutions. Providing seamless transactions to companies of all sizes, Razorpay is a reliable partner for those who need a swift and secure way to handle payments.
12. BrowserStack
Founders: Ritesh Arora, Nakul Aggarwal
Valuation: $4B
Total Funding Amount: $250M
Key Investors: Accel, Bond
Founded Year: 2011
BrowserStack, a cloud-based software testing platform, powers over two million tests every day across 15 global data centers. It allows developers to test their websites and mobile applications on a wide range of browsers, operating systems, and devices, including real mobile devices.
13. CRED
Founders: Kunal Shah
Valuation: $2.2B
Total Funding Amount: $801.5M
Key Investors: Tiger Global Management, Peak XV Partners, Coatue, GIC, DST Global
Founded Year: 2018
CRED, a credit card management platform, has revolutionized the way people perceive credit card payments. The app rewards users for timely bill payments, encouraging them to manage their finances more efficiently. Presented in a clean and clutter-free interface, CRED makes the complex task of settling credit card bills a breeze.
14. Moglix
Founders: Rahul Garg
Valuation: $2.6B
Total Funding Amount: $472.2M
Key Investors: Accel, Bessemer Venture Partners, Tiger Global Management, Peak XV Partners, International Finance Corporation
Founded Year: 2015
Moglix, an online marketplace for business supplies and industrial equipment, offers a wide range of products from over 5,000 suppliers, competitive prices, fast delivery, and easy returns and exchanges. It is a popular choice for businesses of all sizes, serving industries such as manufacturing, construction, automotive, energy, oil and gas, pharmaceuticals, healthcare, food and beverage, retail, logistics, and e-commerce. As a one-stop shop for all business supply and industrial equipment needs, Moglix is a valuable partner for businesses of all sizes.
15. Ola Electric
Founders: Anand Shah, Ankit Jain, Bhavish Aggarwal
Valuation: Over $5B
Total Funding Amount: $1.3B
Key Investors: Tiger Global Management, Temasek Holdings, SoftBank, Matrix Partners India, Alpha Wave Global
Founded Year: 2017
Ola Electric, a subsidiary of the popular ride-hailing company, is making waves in the electric mobility industry. Since its establishment, the company has been focusing on offering eco-friendly transportation solutions like electric scooters. With the ever-growing concern for the environment and the need for sustainable transportation options, Ola Electric's technology-driven approach is garnering a lot of attention.
16. Zeta
Founders: Bhavin Turakhia, Ramki Gaddipati
Valuation: 1.45B
Total Funding Amount: $340M
Key Investors: SoftBank Vision Fund, Mastercard, Sodexo
Founded Year: 2015
Zeta, a next-generation banking technology company, empowers issuers to launch API-ready, cloud-native credit card and payment programs that include processing, core banking, and other essential services. Zeta's platform provides a comprehensive solution for issuers to launch and manage their programs quickly, efficiently, and innovatively, with a focus on scalability, security, and compliance.
17. PharmEasy
Founders: Dharmil Sheth, Dhaval Shah, Mikhil Innani
Valuation: $5.6B
Total Funding Amount: $1.4B
Key Investors: Bessemer Venture Partners, Temasek Holdings, InnoVen Capital, B Capital Group, Trifecta Capital Advisors
Founded Year: 2015
PharmEasy is a popular online pharmacy platform that provides customers with a convenient and reliable way to purchase medicines and healthcare products. This platform has been designed keeping in mind the needs of modern-day consumers who may not necessarily have the time or energy to visit a physical pharmacy.
18. Chargebee
Founders: KP Saravanan, Krish Subramanian, Rajaraman Santhanam, Thiyagarajan Thiyagu
Valuation: $1.4B
Total Funding Amount: $468.2M
Key Investors: Accel, Tiger Global Management, Insight Partners, Peak XV Partners, Sapphire Ventures
Founded Year: 2011
Chargebee is a cloud-based subscription and recurring billing system for subscription-based SaaS and eCommerce businesses. It helps businesses to automate their subscription management and billing processes, including creating and managing subscription plans, setting up recurring billing, processing payments, and providing reports and analytics to track subscription performance.
19. Pine Labs
Founders: Lokvir Kapoor, Rajul Garg, Tarun Upaday
Valuation: Over $5B
Total Funding Amount: $1.2B
Key Investors: Peak XV Partners, Temasek Holdings, Mastercard, Alpha Wave Global, Invesco
Founded Year: 1998
Pine Labs is a digital payment solutions provider that offers a range of services to businesses and merchants. With the rise of digital transactions, it has become increasingly important for merchants to have a streamlined payment system that can cater to the needs of their customers. Pine Labs has emerged as a leading player in this space, offering a range of products that simplify transactions, reduce costs, and increase efficiency.
20. Lenskart
Founders: Amit Chaudhary, Peyush Bansal, Ramneek Khurana, Sumeet Kapahi
Valuation: $4.3B
Total Funding Amount: $1.6B
Key Investors: Temasek Holdings, SoftBank Vision Fund, Kohlberg Kravis Roberts, TPG, Chiratae Ventures
Founded Year: 2008
Lenskart is the go-to e-commerce platform for eyewear and lenses. With a wide range of frames and lenses available, their website allows customers to easily navigate and choose the perfect pair of glasses within the comfort of their own homes. Not only does the website offer various styles and designs, but they also have a feature that allows customers to virtually try on glasses through their phone camera.
21. ShareChat
Founders: Ankush Sachdeva, Bhanu Pratap Singh, Farid Ahsan
Valuation: Over $5B
Total Funding Amount: $1.7B
Key Investors: Lightspeed Venture Partners, Tiger Global Management, Tencent, Temasek Holdings, Shunwei Capital
Founded Year: 2015
ShareChat is a cutting-edge social media platform that caters to the vibrant and diverse communities of India. It's specifically designed for those users who want to connect and share posts, images, videos, and memes in their regional languages.
22. OfBusiness
Founders: Asish Mohapatra, Bhuvan Gupta, Chandranshu Sinha, Nitin Jain, Ruchi Kalra, Srinath Ramakkrushnan, Vasant Sridhar
Valuation: Over $5B
Total Funding Amount: $878.1M
Key Investors: Tiger Global Management, Norwest Venture Partners, SoftBank Vision Fund, InnoVen Capital, Matrix Partners India
Founded Year: 2015
OfBusiness is an innovative B2B commerce platform that provides comprehensive solutions to small and medium enterprises (SMEs) across industries. One of the primary benefits of OfBusiness is its financing and procurement solutions that cater specifically to the needs of SMEs. With their efficient and transparent platform, businesses can easily manage their financial operations and gain access to flexible financing options.
23. VerSe Innovation
Founders: Umang Bedi, Virendra Gupta
Valuation: $5B
Total Funding Amount: $1.7B
Key Investors: Goldman Sachs, Peak XV Partners, Omidyar Network, Google
Founded Year: 2007
VerSe Innovation is a technology company that boasts of two of the most popular content aggregators and short-video platforms in India: Dailyhunt and Josh. With its focus on innovation and technology, VerSe Innovation has become a leading player in India's digital content market.
24. Meesho
Founders: Sanjeev Barnwal, Vidit Aatrey
Valuation: $5B
Total Funding Amount: $1.1B
Key Investors: Y Combinator, Peak XV Partners, Shunwei Capital, SoftBank Vision Fund
Founded Year: 2015
Meesho is an innovative online reselling platform that has revolutionized the way people start their small businesses. With the power of social media, users can now easily promote and sell products to their networks. Meesho empowers individuals to become independent entrepreneurs without the need for significant investment or prior experience in the field.
25. Infra.Market
Founders: Aaditya Sharda, Souvik Sengupta
Valuation: $2.5B
Total Funding Amount: $406.6M
Key Investors: Accel, Tiger Global Management, Nexus Venture Partners, InnoVen Capital, Trifecta Capital Advisors
Founded Year: 2016
Infra.Market is a revolutionary platform that has revolutionized the construction and real estate industries by providing a technology-enabled marketplace for all their materials needs. This innovative platform allows businesses in the construction and real estate sectors to easily source and procure high-quality materials at affordable prices, saving them time and money.
26. Digit Insurance
Founders: Kamesh Goyal
Valuation: $4B
Total Funding Amount: $585.6M
Key Investors: Peak XV Partners, TVS Capital Funds, A91 Partners, Faering Capital
Founded Year: 2016
Digit Insurance is revolutionizing the insurance industry with its efficient digital platform. Unlike traditional insurance companies, Digit Insurance provides a wide range of insurance products tailored to the needs of modern-day consumers. From health insurance to car insurance, they have it all.
27. Dailyhunt
Founders: Umang Bedi, Umesh Kulkarni, Virendra Gupta
Valuation: $1B
Total Funding Amount: $129M
Key Investors: Google, Alphawave, Microsoft, Sequoia Capital, Falcon Capital
Founded Year: 2007
DailyHunt is a popular mobile app in India that provides users with access to a wide range of content in 14 Indian languages, including news, books, magazines, and short stories. DailyHunt aggregates news content from a variety of sources, including newspapers, magazines, and websites, and also offers curated content, such as trending topics, videos, and photo galleries. Users can customize their news feed to see the content that they are most interested in.
28. Upstox
Founders: Kavitha Subramanian, Raghu Kumar, Ravi Kumar, Shrinivas Viswanath
Valuation: Over $1B
Total Funding Amount: $143.3M
Key Investors: Tiger Global Management, Kalaari Capital
Founded Year: 2009
Upstox is an online discount brokerage firm that provides convenient trading services in the Indian stock market and commodities. With the rise of digital trading platforms, Upstox has become a favorite among experienced traders and beginners alike.
29. Unacademy
Founders: Gaurav Munjal, Hemesh Singh, Roman Saini, Sachin Gupta
Valuation: $3.4B
Total Funding Amount: $838.5M
Key Investors: Tiger Global Management, Peak XV Partners, Temasek Holdings, General Atlantic, SoftBank Vision Fund
Founded Year: 2015
Unacademy has revolutionized the way students prepare for competitive exams. This EdTech platform provides video-based learning content that caters to a vast range of competitive examinations. Through their innovative approach, Unacademy offers personalized and adaptive learning experiences to students, tailoring their lessons based on their unique needs and progress.
30. Glance
Founders: Abhay Singhal, Mohit Saxena, Naveen Tewari, Piyush Shah
Valuation: $1B
Total Funding Amount: $390M
Key Investors: Google, Mithril Capital Management, Reliance Jio
Founded Year: 2019
Glance is an AI-driven software company that delivers personalized content on the lock screen of smartphones. Glance's platform learns the user's interests and preferences, and then delivers relevant content, such as news, entertainment, sports, fashion, gaming, and more.
31. Eruditus Executive Education
Founders: Ashwin Damera, Chaitanya Kalipatnapu
Valuation: $2.5B
Total Funding Amount: $1.2B
Key Investors: Accel, Peak XV Partners, SoftBank Vision Fund, InnoVen Capital
Founded Year: 2010
Eruditus Executive Education is a renowned provider of executive education programs delivered in collaboration with some of the top universities across the globe. Known for their excellence in learning and development, Eruditus has been consistently delivering executive education programs that are tailored to the needs of professionals and executives seeking to upskill and stay ahead of the curve.
32. CARS24
Founders: Gajendra Jangid, Mehul Agrawal, Ruchit Agarwal, Vikram Chopra
Valuation: $1.6B
Total Funding Amount: $1.3B
Key Investors: Peak XV Partners, SoftBank Vision Fund, DST Global, Trifecta Capital Advisors, Alpha Wave Global
Founded Year: 2015
CARS24 is an online marketplace where users can buy and sell used cars. The platform provides a convenient and hassle-free way for customers to find their next vehicle. With its easy-to-use interface, CARS24 offers a seamless buying experience that helps users find the car they want in a matter of minutes.
33. Udaan
Founders: Amod Malviya, Sujeet Kumar, Vaibhav Gupta
Valuation: $3.1B
Total Funding Amount: $1.6B
Key Investors: Lightspeed Venture Partners, GGV Capital, Tencent, Hillhouse Capital Group, DST Global
Founded Year: 2016
Udaan is an innovative B2B e-commerce platform that has revolutionized the way retailers, wholesalers, and manufacturers connect with each other. This cutting-edge platform has created a convenient and efficient way for businesses to buy and sell their products.
34. Paytm Mall
Founders: Vijay Shekhar Sharma
Valuation: $3B
Total Funding Amount: $795M
Key Investors: SoftBank Vision Fund, Alibaba Group, eBay
Founded Year: 2010
Paytm Mall is an impressive online shopping platform and a subsidiary of Paytm that has quickly become a popular destination for millions of customers. With a vast array of products available, customers can easily find everything they need in one place.
35. Blinkit
Founders: Albinder Dhindsa, Saurabh Kumar
Valuation: $1B
Total Funding Amount: $1B
Key Investors: Tiger Global Management, Peak XV Partners, SoftBank Vision Fund, Trifecta Capital Advisors, KTB Ventures
Founded Year: 2013
Blinkit, formerly known as Grofers, is an online supermarket that provides grocery delivery in 20+ cities across India. It offers a wide range of products, including fruits, vegetables, groceries, meat, seafood, dairy, bakery items, and more, at competitive prices. Blinkit is known for its fast delivery, which is typically within 10-30 minutes.
36. Groww
Founders: Harsh Jain, Ishan Bansal Dean, Lalit Keshre, Neeraj Singh
Valuation: $3B
Total Funding Amount: $393.3M
Key Investors: Tiger Global Management, Peak XV Partners, Ribbit Capital, ICONIQ Growth, Y Combinator Continuity Fund
Founded Year: 2016
Groww is an investment platform designed to make investing more accessible and straightforward for everyone. With Groww, users can invest in a variety of options including mutual funds and stocks. The platform has a user-friendly interface that makes it easy to navigate through different investment options and start investing with just a few clicks.
37. Gupshup
Founders: Beerud Sheth
Valuation: $1.4B
Total Funding Amount: $484.1M
Key Investors: Tiger Global Management, CRV, Globespan Capital Partners, Tenaya Capital, Helion Venture Partners
Founded Year: 2004
Gupshup is a conversational messaging platform that enables businesses to automate their conversations with customers across a variety of messaging channels. It provides businesses with tools and features to build and manage chatbots, which can be used to answer customer questions, generate leads, process orders, and provide customer support.
38. BharatPe
Founders: Ashneer seth Grover, Bhavik Koladiya, Shashvat Nakrani
Valuation: $2.9B
Total Funding Amount: $680.5M
Key Investors: Tiger Global Management, Insight Partners, Peak XV Partners, Coatue, BEENEXT
Founded Year: 2018
BharatPe is a leading fintech company that specializes in providing payment solutions for offline merchants. This innovative company has revolutionized the way small business owners handle transactions by making payment collection easy and seamless. With a mission to empower small merchants and make a meaningful impact on the Indian economy, BharatPe's payment system is trusted and reliable.
39. BigBasket
Founders: Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Ramesh, VS Sudhakar
Valuation: $1.85B
Total Funding Amount: $1.5B
Key Investors: Bessemer Venture Partners, Alibaba Group, Helion Venture Partners, Trifecta Capital Advisors, Ascent Capital
Founded Year: 2011
BigBasket is an online grocery shopping and supermarket that delivers personal and household needs to the customer's doorstep. It offers a wide range of products, competitive prices, and convenient delivery options. BigBasket also offers a variety of payment options, making it a popular choice for online grocery shopping in India.
40. Zenoti
Founders: Anand Arvind, Dheeraj Koneru, Saritha Katikaneni, Sudheer Koneru
Valuation: Over $1.5B
Total Funding Amount: $331M
Key Investors: Accel, Tiger Global Management, Norwest Venture Partners, TPG, Advent International
Founded Year: 2010
Zenoti is a cloud-based, all-in-one software solution for the spa, salon, and med spa industries. Zenoti helps businesses manage all aspects of their operations, including scheduling, point of sale, customer relationship management (CRM), and reporting and analytics.
41. Policybazaar
Founders: Alok Bansal, Avaneesh Nirjar, Manoj Sharma, Tarun Mathur, Yashish Dahiya
Valuation: $2.4B
Total Funding Amount: $800.1M
Key Investors: Tiger Global Management, Tencent, SoftBank Vision Fund, Wellington Management, Alpha Wave Global
Founded Year: 2008
PolicyBazaar is an online insurance comparison portal that allows users to compare and purchase insurance policies from a variety of insurance companies in India. It offers users a convenient and easy way to compare different insurance policies based on their needs and budget, and to purchase insurance online. PolicyBazaar also provides expert advice to help users choose the best insurance policy for their needs.
42. Zetwerk
Founders: Amrit Acharya, Rahul Sharma, Srinath Ramakkrushnan, Vishal Chaudhary
Valuation: Over $2.5B
Total Funding Amount: $662.2M
Key Investors: Lightspeed Venture Partners, Peak XV Partners, InnoVen Capital, D1 Capital Partners, Greenoaks
Founded Year: 2018
Zetwerk is a technology-driven platform that aims to connect manufacturing companies with the most suitable suppliers for their custom products. By leveraging its advanced algorithm and data analytics capabilities, Zetwerk makes it easy for manufacturers to find reliable suppliers who meet their specific requirements, regardless of their location or size.
43. Mobile Premier League (MPL)
Founders: Sai Srinivas Kiran G, Shubh Malhotra, Shubham Malhotra
Valuation: $2.3B
Total Funding Amount: $375.5M
Key Investors: Sequoia Capital, Peak XV Partners, Pegasus Tech Ventures, RTP Global, Moore Strategic Ventures
Founded Year: 2018
The Mobile Premier League (MPL) is a mobile gaming platform that is gaining popularity in the gaming community. It offers a range of games that can be played on your mobile device and provides real cash rewards for winning. Whether you're a casual gamer or a seasoned player, MPL has something for everyone.
44. Nykaa
Founders: Falguni Nayar
Valuation: $2.3B
Total Funding Amount: $215.4M
Key Investors: Fidelity Management and Research Company, TPG Growth, Steadview Capital, Lighthouse Funds, Aberdeen Standard Investments
Founded Year: 2012
Nykaa, India's leading online marketplace for beauty and wellness products, offers a wide range of products from a variety of brands at competitive prices. It is known for its convenience, choice, and expertise, making it a valuable tool for beauty and wellness shoppers in India.
45. ReNew Power
Founders: Sumant Sinha
Valuation: $8B
Total Funding Amount: $12.7B
Key Investors: Goldman Sachs, Rabobank, Abu Dhabi Investment Authority, Asian Development Bank, Canada Pension Plan Investment Board
Founded Year: 2011
ReNew is a leading renewable energy company in India that focuses on solar and wind energy projects. It is one of the largest renewable energy independent power producers (IPPs) in India and globally, with a proven track record of developing, constructing, and operating renewable energy projects at scale.
46. UpGrad
Founders: Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, Ronnie Screwvala
Valuation: $2.25B
Total Funding Amount: $668.2M
Key Investors: Temasek Holdings, International Finance Corporation, IIFL Finance, 360 ONE Asset, Unilazer Ventures
Founded Year: 2015
UpGrad is an innovative online platform that has made accessing higher education both convenient and attainable. The platform provides a vast array of courses and degree programs, catering to aspirants seeking growth in their professional careers. With UpGrad, students can learn at their own pace and according to their schedules.
47. CoinDCX
Founders: Neeraj Khandelwal, Sumit Gupta
Valuation: $2.15B
Total Funding Amount: $247M
Key Investors: Bain Capital Ventures, Pantera Capital, Polychain, B Capital Group, Steadview Capital
Founded Year: 2018
CoinDCX is a leading cryptocurrency exchange platform that offers a seamless, user-friendly experience for traders looking to invest in digital currencies. With a wide range of trading pairs available, including Bitcoin, Ethereum, and Ripple, users can easily buy, sell, and trade their assets.
48. Five Star Business Finance
Founders: V K Ranganathan
Valuation: $1.4B
Total Funding Amount: $681.2M
Key Investors: Norwest Venture Partners, Peak XV Partners, Kohlberg Kravis Roberts, Morgan Stanley, Matrix Partners India
Founded Year: 1984
Five-Star Business Finance Limited (Five-Star) is a leading Registered Non Banking Finance Company (NBFC) in India that provides secured loans to micro-entrepreneurs and self-employed individuals for business purposes, asset creation, and significant economic events.
49. Urban Company
Founders: Abhiraj Singh Bhal, Raghav Chandra, Varun Khaitan
Valuation: $2.8B
Total Funding Amount: $445.9M
Key Investors: Bessemer Venture Partners, Tiger Global Management, Wellington Management, Dragoneer Investment Group, Trifecta Capital Advisors
Founded Year: 2014
Urban Company is a highly convenient online marketplace for those in need of home services. With a plethora of professionals ranging from plumbers to electricians, they've got you covered. No more endless scrolling through Google searches or asking for referrals from your friends and relatives. Urban Company is just a click away and provides reliable and efficient services at your doorstep.
50. MakeMyTrip
Founders: Deep Kalra, Keyur Joshi, Rajesh Magow, Sachin Bhatia
Valuation: Over $4B
Total Funding Amount: $748M
Key Investors: Sierra Ventures, Helion Venture Partners, Tiger Fund
Founded Year: 2000
MakeMyTrip.com is a leading online travel company in India, offering a wide range of travel products and services, including holiday packages, travel guides, and booking services for flights, hotels, and buses. It is a popular choice for travelers because of its wide range of products and services, competitive prices, and easy-to-use booking platforms.
51. Highradius
Founders: Sashi Narahari
Valuation: Over $3B
Total Funding Amount: $475M
Key Investors: Tiger Global Management, ICONIQ Growth, Citi Ventures, D1 Capital Partners
Founded Year:2006
HighRadius is a SaaS company that develops an AI-based order-to-cash and treasury management software. Its software helps businesses to improve their cash flow by automating and streamlining their order-to-cash and treasury processes, such as credit management, electronic invoicing, cash application, and treasury management.
52. Polygon Labs
Founders: Antoni Martin, Anurag Arjun, Bobbin Threadbare, Brendan Farmer, Daniel Lubarov, David Schwartz, Jaynti Kanani, Jordi Baylina, Mihailo Bjelic, Sandeep Nailwal
Valuation: $10B
Total Funding Amount: $451.5M
Key Investors: Peak XV Partners, Coinbase Ventures, Mark Cuban, Disney Accelerator
Founded Year: 2017
Polygon Labs is a blockchain platform that has made a splash in the world of decentralized applications (dApps). With its impressive scaling solutions and unique architecture, it has quickly become a popular choice for developers looking to build and connect dApps.
53. Innovaccer
Founders: Abhinav Shashank, Kanav Hasija, Sandeep K Gupta
Valuation: $1.3B
Total Funding Amount: $379.1M
Key Investors: Tiger Global Management, Peak XV Partners, M12 - Microsoft's Venture Fund, Mubadala Capital Ventures, WestBridge Capital
Founded Year: 2014
Innovaccer is a cloud-based healthcare data platform that uses analytics and transparent data to unify patient data across systems and care settings. It offers a variety of features, including data unification, data analytics, and data sharing, to help healthcare organizations improve patient care, reduce costs, and increase revenue.
54. Zerodha
Founders: Nikhil Kamath, Nithin Kamath
Valuation: $2B
Key Investors: Bootstrapped
Founded Year: 2010
Zerodha, India's largest stockbroker by active clients and trading volumes, is known for its low brokerage fees, innovative trading platforms, and extensive educational resources. It offers a variety of trading products and services, including equity delivery trading, intraday trading, futures and options trading, currency derivatives trading, and mutual funds trading. Zerodha also offers a variety of trading tools and resources, such as Kite, Coin, and Varsity.
55. InMobi
Founders: Abhay Singhal, Amit Gupta, Mohit Saxena, Naveen Tewari, Piyush Shah
Valuation: $12B
Total Funding Amount: $320.6M
Key Investors: Kleiner Perkins, SoftBank Capital, Sherpalo Ventures, Lightbox
Founded Year: 2007
InMobi has emerged as a leading global mobile advertising and marketing platform. It has redefined how businesses reach out to customers through mobile devices, enabling personalized and meaningful advertising that can truly resonate with potential buyers.
56. FirstCry
Founders: Amitava Saha, Prashant Jadhav, Sanskriti Hattimattur, Supam Maheshwari
Valuation: $2B
Total Funding Amount: $793.7M
Key Investors: IDG Capital, Vertex Ventures, SoftBank Vision Fund, Chiratae Ventures, Elevation Capital
Founded Year: 2010
FirstCry is an online destination that specializes in all things related to babies and kids' products. The e-commerce platform caters to the needs of parents who want to buy quality products for their little ones. From feeding essentials to nursery items, FirstCry offers a wide range of products that are safe, comfortable, and affordable.
57. CoinSwitch
Founders: Ashish Singhal, Govind Soni, Vimal Sagar Tiwari
Valuation: $1.9B
Total Funding Amount: $300.6M
Key Investors: Andreessen Horowitz, Tiger Global Management, Coinbase Ventures, Ribbit Capital, Paradigm
Founded Year: 2017
CoinSwitch is a digital platform that has taken the cryptocurrency market by storm. It is a cryptocurrency exchange aggregator that allows users to compare and trade a variety of digital assets instantly.
58. Spinny
Founders: Mohit Gupta, Niraj Singh, Ramanshu Mahaur
Valuation: Over $1.7B
Total Funding Amount: $513.5M
Key Investors: Accel, General Catalyst, Tiger Global Management, Blume Ventures, Elevation Capital
Founded Year: 2015
Spinny is a reliable and convenient service for anyone in the market for a used car. With their emphasis on quality checks and warranties, buyers can rest assured that they are making a smart investment.
59. DealShare
Founders: Rajat Shikhar, Sankar Bora, Sourjyendu Medda, Vineet Rao
Valuation: Over $1B
Total Funding Amount: $390.3M
Key Investors: Tiger Global Management, InnoVen Capital, Matrix Partners India, Alpha Wave Global, Alteria Capital
Founded Year: 2018
DealShare is a platform that is transforming the way consumers buy a variety of products online. With a focus on a 'WhatsApp first' approach, DealShare utilizes the popular messaging app to seamlessly connect buyers with a vast array of multi-category consumer products.
60. Molbio Diagnostics
Founders: Chandrasekhar Nair, Sriram Natarajan
Valuation: $1.53B
Total Funding Amount: $117.5M
Key Investors: Temasek Holdings, Motilal Oswal Private Equity
Founded Year: 2000
Molbio Diagnostics is a company that is making a significant impact in the field of molecular diagnostics. Their focus on providing low-cost diagnosis of diseases, tuberculosis in particular, is a remarkable achievement in the medical industry.
61. ElasticRun
Founders: Sandeep Deshmukh, Saurabh Nigam, Shitiz Bansal
Valuation: Over $1B
Total Funding Amount: $434.8M
Key Investors: Goldman Sachs, Norwest Venture Partners, SoftBank Vision Fund, Kalaari Capital, Prosus Ventures
Founded Year: 2016
ElasticRun is a logistics and distribution platform that is revolutionizing the way businesses reach traditionally underserved consumers. Offering unique solutions that cater to specific industries and business models, ElasticRun provides a cost-effective, efficient method for companies to quickly get their products into the hands of eager customers.
62. slice
Founders: Deepak Malhotra, Rajan Bajaj
Valuation: Over $1B
Total Funding Amount: $341.2M
Key Investors: Tiger Global Management, Insight Partners, Blume Ventures, Das Capital, Simile Venture Partners
Founded Year: 2016
Slice is a financial platform that provides its users with a wide range of functionalities to manage their finances effectively. With Slice, you can conveniently pay bills, keep track of all your expenses, and reap instant rewards.
63. Mu Sigma
Founders: Dhiraj C Rajaram
Valuation: $1.5B
Total Funding Amount: $209.9M
Key Investors: Peak XV Partners, General Atlantic, FTV Capital, Mastercard
Founded Year: 2004
Mu Sigma is a leading management consulting firm that specializes in data analysis and decision sciences. Their services are designed to help companies make informed decisions based on big data, and their team of experts works closely with clients to understand their unique needs and challenges.
64. Info Edge
Founders: Sanjeev Bikhchandani
Valuation: $6.6b
Total Funding Amount: $51M
Key Investors: Temasek Holdings, Lightbox
Founded Year: 1995
Info Edge is an Indian internet company that owns and operates online job portals, matrimonial websites, real estate classifieds platforms, and educational portals. The company's flagship website is Naukri.com, one of the most popular job portals in India. Info Edge also owns and operates other job portals, such as Jeevansathi.com (matrimony), 99Acres.com (real estate), and Shiksha.com (education).
65. Rebel Foods
Founders: Jaydeep Barman, Kallol Banerjee
Valuation: $1.4B
Total Funding Amount: $564.3M
Key Investors: Sequoia Capital, Goldman Sachs, Peak XV Partners, Coatue, InnoVen Capital
Founded Year: 2011
Rebel Foods is a revolutionary concept in the food industry. This innovative cloud kitchen company is changing the way people think about food by offering multiple food brands with delivery being done through online platforms.
66. Pristyn Care
Founders: Garima Sawhney, Harsimarbir (Harsh) Singh, Vaibhav Kapoor
Valuation: $1.2B
Total Funding Amount: $177M
Key Investors: Sequoia Capital, Tiger Global Management, Peak XV Partners, Hummingbird Ventures, Epiq Capital
Founded Year: 2018
Pristyn Care is a healthcare company that provides top-notch surgical treatments and medical care to patients. Their team of highly skilled doctors and medical professionals are committed to helping individuals with their health concerns and offer personalized treatment plans to meet individual needs.
67. Shiprocket
Founders: Akshay Ghulati, Gautam Kapoor, Saahil Goel, Vishesh Khurana
Valuation: $1.2B
Total Funding Amount: $386.8M
Key Investors: Temasek Holdings, Tribe Capital, March Capital, PayPal Ventures, Lightrock
Founded Year: 2017
Shiprocket is an e-commerce shipping platform that is revolutionizing the way direct-to-consumer retailers approach shipping. As the world of online shopping grows, the need for efficient, cost-effective shipping solutions has become more pressing than ever. That's where Shiprocket comes in, providing an all-in-one shipping platform that streamlines the process and reduces costs for retailers.
68. Mohalla Tech
Founders: Ankush Sachdeva, Farid Ahsan, Bhanu Singh
Valuation: $5B
Total Funding Amount: $1.7B
Key Investors: Google, Times Group, Temasek, Tiger Global
Founded Year: 2015
Mohalla Tech is a fast-growing Indian technology company that is best known for its social media platforms ShareChat and Moj. ShareChat is a regional social media platform that allows users to create and share content in multiple Indian languages, while Moj is a short video sharing platform that allows users to create and share short videos in multiple Indian languages. Both platforms are immensely popular in India, with over 340 million active users combined.
69. Tata 1mg
Founders: Gaurav Agarwal, Prashant Tandon, Vikas Chauhan
Valuation: $1.25B
Total Funding Amount: $230.8M
Key Investors: Peak XV Partners, International Finance Corporation, Bill & Melinda Gates Foundation, HBM Healthcare Investments AG, InnoVen Capital
Founded Year: 2015
Tata 1mg is a unique online platform that offers a host of healthcare services, including medicine purchases, lab tests, and doctor consultations. The platform aims at providing its customers with an easy, reliable, and accessible healthcare experience. With 1mg, users can buy genuine medicines from trusted brands, order diagnostic tests from the comfort of their homes, and consult with certified doctors without having to step out.
70. Mensa Brands
Founders: Ananth Narayanan, Aniket Nikumb, Pawan Kumar Dasaraju
Valuation: Over $1B
Total Funding Amount: $254.3M
Key Investors: Accel, Norwest Venture Partners, InnoVen Capital, Alpha Wave Global, Alteria Capital
Founded Year: 2021
Mensa Brands prides itself on being an investment firm that is committed to fostering entrepreneurship and building digital brands that make a difference. The company's unique approach has seen a series of successes, with their partners reaping the benefits of their expert guidance and resources.
71. MyGlamm
Founders: Darpan Sanghvi, Priyanka Gill
Valuation: Over $1.2B
Total Funding Amount: $288.4M
Key Investors: Accel, Bessemer Venture Partners, Warburg Pincus, Amazon, Trifecta Capital Advisors
Founded Year: 2015
MyGlamm is a well-known and trusted beauty and personal care brand that has been offering a diverse range of cosmetic products to consumers. The brand has gained immense popularity for its innovative and high-quality beauty products that cater to all skin types and tones. From luxurious lipsticks to nourishing skincare products, MyGlamm has something for everyone.
72. CarDekho
Founders: Amit Jain, Anurag Jain
Valuation: $1.2B
Total Funding Amount: $497.5M
Key Investors: Peak XV Partners, Hillhouse Capital Group, CapitalG, LeapFrog Investments
Founded Year: 2008
CarDekho is an online marketplace dedicated to connecting car buyers and sellers. It's a one-stop shop for all your car-related needs, from purchasing a brand-new sedan to trading in your old SUV. With CarDekho, you can browse various car models, compare prices, and even read user reviews to help you make an informed decision.
73. Droom
Founders: Sandeep Aggarwal
Valuation: $1.2B
Total Funding Amount: $333M
Key Investors: BEENEXT, Lightbox, Toyota Tsusho, Integrated Capital
Founded Year: 2014
Droom is an online platform designed for buying and selling different types of vehicles, from cars and motorcycles to planes and boats. The company is committed to providing a safe and hassle-free experience for both buyers and sellers.
74. Livspace
Founders: Anuj Srivastava, Ramakant Sharma, Saurabh Jain
Valuation: Over $1.4B
Total Funding Amount: $431.6M
Key Investors: Bessemer Venture Partners, Goldman Sachs, Kohlberg Kravis Roberts, Helion Venture Partners, Trifecta Capital Advisors
Founded Year: 2015
Livspace is an online platform that offers a convenient and affordable solution for anyone looking to revamp their living space. With Livspace, you can easily connect with professional interior designers, browse through thousands of design options, and take advantage of their home improvement services.
75. Apna
Founders: Nirmit Parikh
Valuation: $1.1B
Total Funding Amount: $193.5M
Key Investors: Tiger Global Management, Insight Partners, Peak XV Partners, Lightspeed India Partners
Founded Year: 2019
Apna is a professional networking platform that brings together job seekers and employers in a seamless interface. With thousands of job opportunities available and a network of professionals working in a diverse range of industries, Apna is the go-to platform for individuals looking to take the next step in their career.
76. Acko
Founders: Ruchi Deepak, Varun Dua
Valuation: $1.1B
Total Funding Amount: $458M
Key Investors: General Atlantic, Amazon, Munich Re Ventures, Ascent Capital
Founded Year: 2016
Acko is a digital insurance provider that has taken the insurance sector by storm. With its focus on digital offerings, Acko is looking to disrupt the traditional insurance market and make life easier for its customers. With a wide range of insurance products to choose from, Acko is quickly becoming a popular choice among those who are looking for hassle-free insurance solutions.
77. GlobalBees
Founders: Deepak Khetan, Supam Maheshwari
Valuation: Over $1.1B
Total Funding Amount: $290M
Key Investors: Trifecta Capital Advisors, PremjiInvest, FirstCry
Founded Year: 2021
GlobalBees is a company that has made it their mission to find and promote amazing products. They are dedicated to sourcing only the best products from all corners of the world and utilizing their expertise to help these products reach a global audience.
78. LEAD School
Founders: Smita Deorah, Sumeet Mehta
Valuation: $1.1B
Total Funding Amount: $185.6M
Key Investors: GSV Ventures, Alteria Capital, Elevar Equity, Stride Ventures, Westbridge Capital
Founded Year: 2012
LEAD School is a technology-based platform that is designed to transform schools and the quality of education they offer to students. This platform provides an all-encompassing approach to school management, incorporating high-quality teacher training, effective lesson plans, and personalized learning experiences for students.
79. PhysicsWallah
Founders: Alakh Pandey
Valuation: $1.1B
Total Funding Amount: $100M
Key Investors: GSV Ventures, Westbridge Capital
Founded Year: 2014
PhysicsWallah is an online platform that offers an extensive range of quality educational resources designed to help students excel in their JEE, NEET entrance, and board exams. The platform provides live classes, video lectures, test series, and dynamic exercises, all aimed at imparting the knowledge and skills required to succeed in these highly competitive exams.
80. Purplle
Founders: Manish Taneja, Rahul Dash
Valuation: Over $1B
Total Funding Amount: $296.3M
Key Investors: Goldman Sachs, Peak XV Partners, PremjiInvest, IvyCap Ventures, Abu Dhabi Investment Authority
Founded Year: 2012
Purplle is a one-stop e-commerce platform for all beauty and personal care needs. With a wide range of products spanning skincare, makeup, haircare, and more, Purplle has become an indispensable destination for beauty enthusiasts.
81. Rivigo
Founders: Deepak Garg, Gazal Kalra
Valuation: Over $1B
Total Funding Amount: $267.2M
Key Investors: Warburg Pincus, SAIF Partners, Elevation Capital, Trifecta Capital Advisors
Founded Year: 2014
Rivigo is a leading logistics provider that has always been driven by innovation and technology. This cutting-edge logistics platform has made a name for itself by providing reliable and efficient transport services to businesses of all sizes across India.
82. Billdesk
Founders: Ajay Kaushal, Karthik Ganapathy, Srinivasu (Vasu) MN
Valuation: Over $1B
Total Funding Amount: $241.4M
Key Investors: General Atlantic, TA Associates, Clearstone Venture Partners, Visa, State Bank of India
Founded Year: 2000
BillDesk is a leading digital payment platform in India that provides a convenient, secure, and reliable way to make and accept payments. BillDesk's integrated technology platform and unified APIs make it easy for businesses to accept a wide range of payment methods, including credit and debit cards, net banking, UPI, wallets, and Pay by points. BillDesk is also a key participant in the Bharat Bill Payment System (BBPS), which allows consumers to pay all their bills in one place.
83. Blackbuck
Founders: Chanakya Hridaya, Rajesh Yabaji, Ramasubramaniam B
Valuation: Over $1B
Total Funding Amount: $364M
Key Investors: Accel, Goldman Sachs, Peak XV Partners, InnoVen Capital, Tribe Capital
Founded Year: 2015
Blackbuck is an Indian logistics company that is revolutionizing the trucking industry. With a focus on making shipping easy and efficient for both shippers and truckers, Blackbuck has quickly become a top choice in the industry.
84. NoBroker
Founders: Akhil Gupta, Amit Agarwal, Saurabh Garg
Valuation: Over $1B
Total Funding Amount: $430.9M
Key Investors: Tiger Global Management, General Atlantic, SAIF Partners, BEENEXT
Founded Year:
NoBroker is a revolutionary platform that is changing the way people find homes. It is a one-of-a-kind solution that connects potential renters or homeowners directly with property owners, thereby eliminating the middleman - the broker. This means that you don't need to pay any brokerage fees for primary residential searches. The platform is easy to use and offers a wide range of properties, giving home seekers the opportunity to browse and connect with owners of the properties they are interested in.
85. Mamaearth
Founders: Ghazal Alagh, Varun Alagh
Valuation: Over $1.1B
Total Funding Amount: $111.6M
Key Investors: Peak XV Partners, Sofina, Fireside Ventures, Stellaris Venture Partners,
Founded Year: 2016
Mamaearth is a brand that offers a range of natural and toxin-free baby care and personal care products. The brand understands the importance of providing safe and healthy options for consumers who are looking to avoid harsh chemicals and potentially harmful ingredients in their daily routines.
86. Darwinbox
Founders: Chaitanya Peddi, Jayant Paleti, Rohit Chennamaneni
Valuation: Over $1B
Total Funding Amount: $115.9M
Key Investors: Salesforce Ventures, Peak XV Partners, TCV, Microsoft, Lightspeed India Partners
Founded Year: 2015
Darwinbox is an end-to-end HR software that makes it easy for enterprises to manage their entire employee lifecycle on one platform. From recruiting, onboarding, managing employee data, attendance, payroll, and even talent management, Darwinbox is an all-in-one suite that can handle every HR-related task efficiently.
87. Open
Founders: Ajeesh Achuthan, Anish Achuthan, Deena Jacon, Mabel Chacko
Valuation: Over $1B
Total Funding Amount: $190.8M
Key Investors: Temasek Holdings, Speedinvest, BEENEXT, 3one4 Capital, Trifecta Capital Advisors
Founded Year: 2017
Open is a neo-banking platform that is dedicated to providing business banking solutions to startups and SMEs. It's intuitive mobile app and web interface make it easier than ever for entrepreneurs to keep track of their finances and monitor their spending.
88. Xpressbees
Founders: Amitava Saha, Supam Maheshwari
Valuation: Over $1B
Total Funding Amount: $642.4M
Key Investors: Norwest Venture Partners, Alibaba Group, InnoVen Capital, Blackstone Group, TPG Growth
Founded Year: 2015
Xpressbees has taken the logistics and supply chain industry by storm with its innovative and efficient last-mile delivery solutions. The company has quickly gained a reputation for providing top-notch services to customers across India and beyond.
89. Yubi
Founders: Gaurav Kumar
Valuation: $1.5B
Total Funding Amount: $226.7M
Key Investors: Insight Partners, Peak XV Partners, B Capital Group, Dragoneer Investment Group
Founded Year: 2017
Yubi is a digital platform that helps investors discover, trade, execute, and fulfill debt solutions. The platform provides a single point of access to a wide range of debt products, including corporate bonds, loans, and structured products. It also offers a variety of tools and features to help investors make informed decisions, such as debt discovery, debt trading, debt execution, and debt fulfillment.
90. Hasura
Founders: Rajoshi Ghosh, Tanmai Gopal
Valuation: Over $1B
Total Funding Amount: $136.5M
Key Investors: Lightspeed Venture Partners, Vertex Ventures, Nexus Venture Partners, Greenoaks
Founded Year: 2017
Hasura is a software technology company that provides a range of valuable developer-focused tooling products. With its innovative ideas and customer-centric approach, Hasura has quickly become a go-to choice for developers across the globe.
91. MobiKwik
Founders: Bipin Singh, Chandan Joshi, Upasana Taku
Valuation: $1B
Total Funding Amount: $177.4M
Key Investors: Peak XV Partners, InnoVen Capital, GMO VenturePartners, Trifecta Capital Advisors
Founded Year: 2009
MobiKwik is a leading Indian digital wallet and payment platform that is revolutionizing the way people transact online. With the rise of e-commerce and mobile payments, MobiKwik provides a safe, secure, and hassle-free way to send and receive money, pay bills, book tickets, and much more.
92. Postman
Founders: Abhijit Kane, Abhinav Asthana, Ankit Sobti
Valuation: $5.6B
Total Funding Amount: $433M
Key Investors: Insight Partners, CRV, Nexus Venture Partners
Founded Year: 2014
Postman is a collaboration platform for API development. It allows teams to work together on the design, development, testing, and documentation of APIs. Postman is a valuable tool for any team that is developing APIs. It can help teams to improve their API development process, improve the quality of their APIs, and accelerate their time to market.
93. Druva
Founders: Jaspreet Singh, Milind Borate, Ramani Kothandaraman
Valuation: $2B
Total Funding Amount: $475M
Key Investors: Peak XV Partners, Nexus Venture Partners, Indian Angel Network, Viking Global Investors
Founded Year: 2008
Druva is a leading provider of SaaS-based data protection and management solutions for enterprise workloads across endpoints, data centers, and the cloud. Druva's platform provides comprehensive backup and recovery, disaster recovery, data archiving, and data governance solutions to help businesses protect their data, recover from data loss or corruption, and manage their data in a secure and compliant manner.
94. MindTickle
Founders: Deepak Diwakar, Krishna Depura, Mohit Garg, Nishant Mungali
Valuation: $1.2B
Total Funding Amount: $281.3M
Key Investors: New Enterprise Associates, Norwest Venture Partners, Canaan Partners, SoftBank Vision Fund
Founded Year: 2011
MindTickle is a software company that offers a sales readiness and enablement platform to help businesses train and coach their sales teams, measure their performance, and provide them with the resources they need to be successful. MindTickle's platform includes a variety of features, such as online courses, interactive simulations, role-playing exercises, real-time performance insights, and a central repository for all sales training and enablement resources
95. LeadSquared
Founders: Anand Kumar, Nilesh Patel, Prashant Singh, Sudhakar Gorti, Sukhbir Kalsi
Valuation: Over $1B
Total Funding Amount: $187.9M
Key Investors: International Finance Corporation, Westbridge Capital, Gaja Capital, Jyoti Bansal, Stakeboat Capital
Founded Year: 2011
LeadSquared is an innovative marketing automation and CRM software designed for businesses of all sizes to streamline customer relationship management. This software assists businesses in managing and automating their marketing processes to save time and increase efficiency.
96. Licious
Founders: Abhay Hanjura, Vivek Gupta
Valuation: Over $1B
Total Funding Amount: $489.9M
Key Investors: Mayfield Fund, Temasek Holdings, Vertex Ventures, 3one4 Capital, Bertelsmann
Founded Year: 2015
Licious is an innovative online meat and seafood delivery platform that ensures customers receive high-quality products from the comfort of their homes. With the promise of freshness and hygiene, Licious aims to revolutionize the way customers purchase meat and seafood in India.
97. Amagi
Founders: Baskar Subramanian, Srinivasan KA, Srividhya Srinivasan
Valuation: Over $1B
Total Funding Amount: $349.7M
Key Investors: Accel, Mayfield Fund, General Atlantic, PremjiInvest, Emerald Media
Founded Year: 2008
Amagi Media Labs is a cloud-based media technology company that helps broadcasters and content owners to launch, distribute, and monetize their channels on linear TV, OTT, and other streaming platforms. The company's solutions are cost-effective, scalable, flexible, and reliable.
98. CitiusTech
Founders: Jagdish Moorjani, Rizwan Koita
Valuation: $2.4B
Total Funding Amount: $1.11B
Key Investors: Bain Capital Private Equity, General Atlantic,
Founded Year: 2005
CitiusTech is a leading provider of technology services and solutions to healthcare organizations worldwide. The company's deep healthcare domain knowledge and next-generation technology focus enable it to develop and deliver innovative solutions that meet the needs of the rapidly changing healthcare industry.
99. Oxyzo
Founders: Asish Mohapatra, Bhuvan Gupta, Ruchi Kalra
Valuation: Over $1B
Total Funding Amount: $200M
Key Investors: Tiger Global Management, Norwest Venture Partners, Alpha Wave Global
Founded Year: 2016
Oxyzo is a finance company that offers credit solutions tailored to the needs of small and medium-sized enterprises. Whether you are looking to expand your operations, increase your revenue or improve your profit margins, Oxyzo can help you achieve your goals.
100. Vedantu
Founders: Anand Prakash, Pulkit Jain, Saurabh Saxena, Vamsi Krishna
Valuation: Over $1B
Total Funding Amount: $292.9M
Key Investors: Accel, Tiger Global Management, GGV Capital
Founded Year: 2011
Vedantu is an innovative online tutoring platform that is revolutionizing the way students learn. By connecting students with experienced teachers, Vedantu provides personalized learning that caters to each student's unique needs and learning style.
101.Delhivery
Founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, Suraj Saharan
Valuation: Over $4 B
Total Funding Amount: $1.5B
Key Investor: Tiger Global Management, SoftBank Vision Fund, Nexus Venture Partners
Founded Year: 2011
Delhivery is a leading supply chain services company in India that provides a wide range of services, including transportation, warehousing, freight, and order fulfillment. Delhivery has a pan-India network of over 2,200 fulfillment centers and 18,500 pin codes, which allows it to deliver packages to every corner of the country.
102. Icertis
Founders: Monish Darda, Samir Bodas
Valuation: $2.8B
Total Funding Amount: $441M
Key Investors: Silicon Valley Bank, Greycroft, Eight Roads Ventures, SoftBank Vision Fund
Founded Year: 2009
Icertis is an AI-powered contract management platform that helps businesses to manage their contracts more effectively and efficiently. Icertis' platform automates many of the tasks involved in contract management, such as contract creation, negotiation, approval, and execution. It also provides insights into contract data, which can help businesses to identify and mitigate risks and improve their compliance.
103. cult.fit
Founders: Ankit Nagori, Mukesh Bansal
Valuation: $1.5B
Total Funding Amount: $624.6M
Key Investors: Accel, Temasek Holdings, Kalaari Capital, Chiratae Ventures
Founded Year: 2016
Cult.fit is a health and fitness company that offers a variety of digital and offline experiences across fitness, nutrition, and mental well-being. The company's mission is to make fitness fun and accessible to everyone. Cult.fit has over 100 centers across India, as well as a live streaming platform and a community of members who support each other on their fitness journey.
104. Fractal Analytics
Founders: Ashwath Bhat, Pranay Agrawal, Srikanth Velamakanni
Valuation: Over $1B
Total Funding Amount: $685M
Key Investors: TA Associates, Apax Partners, Khazanah Nasional, TPG Capital Asia, Aimia
Founded Year: 2000
Fractal Analytics is an AI company that provides solutions for marketing, distribution, actuarial, underwriting, claims, and operations. The company uses AI to analyze data and identify patterns to help businesses make better decisions. Fractal Analytics' products and services are cloud-based and scalable, making them accessible to businesses of all sizes.
105. Uniphore
Founders: Ravi Saraogi, Umesh Sachdev
Valuation: $2.5B
Total Funding Amount: $620.9M
. Key Investors: New Enterprise Associates, Chiratae Ventures, Indian Angel Network, March Capital, Sorenson Capital
Founded Year: 2008
Uniphore is a B2B AI-native company that helps businesses automate and improve customer experience, employee experience, and operational efficiency. The company's products and services use artificial intelligence to automate customer interactions in multiple modes, such as voice, text, and video. Uniphore's products and services are scalable and secure, and they are used by some of the world's largest companies.
106. CommerceIQ
Founders: Guru Hariharan
Valuation: Over $1B
Total Funding Amount: $195.5M
Key Investors: Insight Partners, Madrona, Trinity Ventures, SoftBank Vision Fund, Shasta Ventures
Founded Year: 2012
CommerceIQ is an omnichannel management platform that uses machine learning and automation to help large brands increase e-commerce sales. The platform provides a single source of truth for all retail data, including inventory, pricing, and promotions. It also offers a variety of tools and features to help brands optimize their marketing, pricing, and operations.
107. Games 24x7
Founders: Bhavin Pandya, Trivikraman Thampy
Valuation: Over $1B
Total Funding Amount: $75M
Key Investors: Malabar Investment Advisors
Founded Year: 2006
Games24x7 is one of the leading online gaming companies in India. Games24x7 operates a portfolio of skill games, including RummyCircle, the largest online rummy platform in India, and My11Circle, one of the country's top fantasy sports platforms.
108. OneCard
Founders: Rupesh Kumar, Anurag Sinha, Vibhav Hathi
Valuation: $1.3B
Total Funding Amount: $233M
Key Investors: Temasek, QED, Sequoia Capital India, Hummingbird Ventures
Founded Year: 2019
OneCard is a metal credit card that offers a premium rewards program and a variety of convenient features. Cardholders can earn 5X rewards on their top 2 spend categories, and they can also take advantage of a convenient EMI option, the ability to share their credit limit with family members, and a completely digital onboarding process.
109. 5ire
Founders: Aadit Palicha, Kaivalya V.
Valuation: $1.5B
Total Funding Amount: $121M
Key Investors: Launchpool, SRAM & MRAM
Founded Year: 2021
5ire is a blockchain network that is committed to sustainability. It is the world's first and only blockchain network with a sustainability rating of 100+ on the RISE framework. 5ire's mission is to make sustainability accessible, inclusive, and actionable for everyone.
110. Zepto
Founders: Aadit Palicha, Kaivalya V.
Valuation: $1.4B
Total Funding Amount: $566.5M
Key Investors: Goodwater Capital, Nexus Venture Partners, Y Combinator Continuity Fund, Contrary, StepStone Group, Glade Brook Capital Partners
Founded Year: 2020
Zepto is a grocery delivery service that promises to deliver your order in 10 minutes or less. With a wide selection of over 2,500 products, Zepto is revolutionizing the way people buy groceries.
111. Krutrim
Founder: Bhavish Aggarwal
Valuation: $1B
Total Funding Amount: $5M
Key Investors: Matrix Partners India
Founded Year: 2023
Krutrim is a trailblazing AI startup founded by Bhavish Aggarwal, the visionary behind Ola. With a focus on pioneering AI innovation, Krutrim is dedicated to reshaping industries and redefining possibilities through cutting-edge artificial intelligence solutions. Their mission revolves around unleashing the true potential of AI, driving transformative change, and unlocking new frontiers of innovation. As India's first AI startup to achieve unicorn status, Krutrim stands at the forefront of empowering the future with intelligent solutions that are poised to redefine what's possible.
FAQs
1. What is a Unicorn company?
Unicorn companies are privately held startup companies valued at over $1 billion. They are the rarest and most successful startups in the world, and they are shaping the future of the global economy.
2. How many Unicorn companies are there in India?
As of January 2024, India has 111 unicorn companies, making it the third-largest unicorn ecosystem in the world.
3. Which are the most valuable unicorn companies in India?
The most valuable unicorn company in India is Flipkart, an e-commerce company. Other notable unicorns include Paytm, Swiggy, and Zomato.
4. Which industries are most represented among Indian unicorns?
The E-Commerce sector accounts for the majority of unicorns in India, followed by the fintech sector. Other notable industries include health tech and ed-tech.
5. What is the impact of unicorn companies on the Indian economy?
Unicorn companies play an important role in the Indian economy by creating jobs, driving innovation, and attracting investment. They are also seen as a bellwether for the health of the startup ecosystem.
6. What does the future hold for unicorn companies in India?
The future of unicorn companies in India is bright. India is one of the fastest growing economies in the world, and it has a large and growing domestic market. The Indian government is also supportive of the growth of unicorn companies.
However, unicorn companies in India will need to overcome some challenges, such as competition from global giants and regulatory challenges. Overall, the future of unicorn companies in India is promising. They are poised to play an increasingly important role in the Indian economy in the years to come.