List of Unicorn Startups in India

Unicorn Startups in india

This article is about Unicorn Startups in India. In recent years, India has emerged as a hotspot for startup innovation, with a growing number of companies reaching the coveted status of “unicorn” – a term used to describe privately-held startups valued at over $1 billion. These unicorns span various industries, from e-commerce and fintech to healthcare and edtech, reflecting the diverse entrepreneurial landscape of the country. Let’s delve into the vibrant ecosystem of Indian unicorns, exploring their origins, innovations, and impact on the global economy.

Overview of Unicorn Startups in India

CompanyFoundersIndustryFoundedValuation (USD)
Byju’sByju Raveendran, Divya GokunathEdTech200822.1 billion
Ola Electric MobilityBhavish Aggarwal, Anand Shah, Ankit JainElectric Vehicles20197.0 billion
MeeshoVidit Aatrey, Sanjeev BarnwalE-commerce20154.9 billion
Pine LabsAmrish Rau, Ajay Shekhar, Lokvir KapoorPayments20116.7 billion
ZomatoDeepinder Goyal, Gaurav Gupta, Pankaj ChaddahFood Delivery200810.9 billion
FlipkartSachin Bansal, Binny BansalE-commerce200737.6 billion
CredKunal ShahFinTech20182.2 billion
UdaanAmod Malviya, Vaibhav Gupta, Sujeet KumarB2B Marketplace20163.8 billion
DelhiverySahil Barua, Mohit Bhatnagar, Binny BansalLogistics20113.9 billion
PolicyBazaarYashish Dahiya, Alok BansalInsurance20086.5 billion
Digital InsuranceKamesh Goyal, Prem WatsaInsurance201611.1 billion
SwiggyNandan Nilekani, Rahul JaiminiFood Delivery201110.7 billion
FreshworksGirish Mathrubootham, Shan KrishnasamySaaS201010.3 billion
PharmEasyDharmil Sheth, Siddharth Shah, Harsha MajetyHealthcare20156.6 billion
Cars24Vikram Chopra, Mayank Jain, Gaurav MunjalAuto20153.3 billion
CureFitMukesh Bansal, Ankit NagoriHealthcare20164.5 billion
BrowserStackRitesh Agarwal, Harish AneySaaS20114.0 billion
ZetaBhavin Turakhia, Ramki GaddipatiFinTech20155.3 billion
MindTickleSarvjeet Singh, Abhishek SinghSaaS20113.2 billion
DealShareVineet Rao, Ankit Agarwal, Rajat SethiE-commerce20185.1 billion
ElasticRunSandeep Deshmukh, Prashant SinghE-commerce20163.7 billion
MobiKwikBipin Preet Singh, Upasana TakuFinTech20092.8 billion
LiciousVivek Gupta, Abhay Hanjura, Mukesh BansalFoodtech20155.1 billion
CredAvenueSumit Gupta, Mayank Malhotra, Ashish MohapatraFinTech20184.0 billion
AmagiSaurabh Gupta, Niraj Aggarwal, Ankit AggarwalSaaS20122.2 billion
EruditusGaurav Munjal, Roman SainiEdTech20123.0 billion
UniphoreP. Soundararajan, Umesh SachdevAI20082.9 billion
HasuraTanmai Gopal, Rajoshi GhoshSaaS2017N/A
HasuraHasura teamSaaS20162.1 billion
DarwinboxRohit Chanana, Sahil BarotHR Tech20152.1 billion
5irePratik Jain, Prashant JaiswalBlockchain20195.0 billion
LeadSquaredNilesh Patel, Prashant SinghSaaS20131.8 billion
OfBusinessAshneer GroverB2B Marketplace201510.0 billion
MamaearthVarun Alagh, Ghazal AlaghPersonal Care20162.0 billion
GlanceNaveen Tewari, Samir ModiAI-powered lockscreen20175.0 billion
UpstoxRavi Kumar, Saurabh MaheshwariFinTech20111.8 billion
SliceRajan Bajaj, Abhishek BansalFinTech20161.5 billion
BlackBuckRajesh Y. Agarwal, Vikas AgnihotriLogistics20151.5 billion
CommerceIQAnanth Narayanan, Akshay DhandRetail Tech20131.1 billion
GamezopAnirudh Jain, Ashwin SureshGaming20091.1 billion
PurplleManish Taneja, Rahul TanejaBeauty20121.5 billion
LivspaceRamakant Sharma, Anuj SrivastavaHome Interiors20153.0 billion
XpressBeesAmrish Rau, Inderjit SinghLogistics20131.2 billion
ZetwerkAmrit Acharya, Srinath RamasubramanianManufacturing20182.5 billion
OpenAnkit Bhatia, Abhinav ChaturvediFinTech20161.1 billion
PhysicsWallahAlakh PandeyEdTech20151.1 billion
VedantuSalil Bhatia, Vamsi KrishnaEdTech20118.0 billion
Tata NeuTata GroupSuper App20222.0 billion
OneCardAnup Jain, Sumeet SinghFinTech20181.0 billion
5paisaNithin KamathFinTech20091.0 billion
Cure.fitMukesh Bansal, Ankit NagoriHealthcare20163.6 billion
Zee5Subhash Chandra, Punit GoenkaOTT20081.5 billion
CrowdfireNaveen TewariSocial Media20101.0 billion
ShareChatAnkush Sachdeva, Farid AhsanSocial Media20153.7 billion
Urban CompanyAmit Agarwal, Abhiraj SinghHome Services20144.5 billion
DroomSandeep AggarwalAuto20142.0 billion
MonzoZac Birch, Jason BatesFinTech20151.5 billion
GoMechanicAmit Jain, Nikhil JainAuto20151.0 billion
InstamojoAkash Sinha, Sampad SwainPayments20121.0 billion
MFineAshutosh Ladhani, Sameer PuranikHealthcare20171.0 billion
Tata DigitalTata GroupE-commerce202110.0 billion
ApnaNirav Choksi, Sumit KhandelwalFinTech20191.0 billion
Elara HealthArvind LalHealthcare20161.0 billion
OkCreditGaurav Jalan, Pallav JainFinTech20161.0 billion
StealthPrashant Singh, Nilesh PatelSaaS20151.0 billion
BharatPeAshneer Grover, Shashank Bansal, Bhavik KoladiyaFinTech20182.5 billion
Kinetic GreenSandeep Upadhyay, Ajay UpadhyayRenewable Energy20141.0 billion
UnacademyGaurav Munjal, Roman SainiEdTech20153.4 billion
OYORitesh AgarwalHospitality20139.5 billion
Jio PlatformsMukesh AmbaniTelecom200797.0 billion
ZohoSridhar Vembu, TA KrishnanSaaS199613.9 billion
OlaBhavish Aggarwal, Ankit BhatiMobility20106.5 billion

List of Unicorn Startups in India

  1. InMobi
  2. Flipkart
  3. BharatPe
  4. Dream11
  5. PhonePe
  6. BYJU’S
  7. OLA
  8. OYO Rooms
  9. Swiggy
  10. Zomato
  11. Freshworks
  12. Moglix
  13. upGrad
  14. MakeMyTrip
  15. Nykaa
  16. Policybazaar
  17. CoinDCX
  18. Pine Labs
  19. Highradius
  20. Zetwerk
  21. BlackBuck
  22. Droom
  23. OfBusiness
  24. ShareChat
  25. Verse Innovation
  26. PharmEasy
  27. MyGlamm
  28. CRED
  29. Meesho
  30. Urban Company
  31. Infra.Market
  32. Digit Insurance
  33. Innovaccer
  34. Five Star Business Finance
  35. Groww
  36. Gupshup
  37. Eruditus
  38. Chargebee
  39. Zeta
  40. BrowserStack
  41. Paytm
  42. Paytm Mall
  43. Zerodha
  44. ReNew Power
  45. BigBasket
  46. Udaan
  47. Ola Electric
  48. Mohalla Tech (Moj)
  49. FirstCry
  50. Lenskart
  51. Blinkit (ex-Grofers)
  52. Glance, Inmobi
  53. Dailyhunt
  54. Zenoti
  55. Cars24
  56. RazorPay
  57. Unacademy
  58. Postman
  59. CitiusTech
  60. Icertis
  61. Druva
  62. Rivigo
  63. Matic Network / Polygon
  64. MindTickle
  65. Delhivery
  66. Billdesk
  67. Mu Sigma
  68. Info Edge
  69. MPL
  70. Apna
  71. Vedantu
  72. Licious
  73. CoinSwitch Kuber
  74. Rebel Foods
  75. CarDekho
  76. MobiKwik
  77. Acko
  78. CureFit
  79. Mensa
  80. NoBroker
  81. Spinny
  82. Upstox
  83. Slice
  84. Pristyn Care
  85. GlobalBees
  86. Mamaearth
  87. Fractal Analytics
  88. LEAD School
  89. Darwinbox
  90. DealShare
  91. ElasticRun
  92. Livspace
  93. Xpressbees
  94. Uniphore
  95. Hasura
  96. CredAvenue
  97. Amagi
  98. CommerceIQ
  99. Oxyzo
  100. Games 24×7
  101. Open
  102. PhysicsWallah
  103. Purplle
  104. LeadSquared
  105. OneCard
  106. 5ire
  107. Shiprocket
  108. Tata 1mg
  109. Molbio Diagnostics
  110. Zepto
  111. Krutrim
  112. Perfios

1. InMobi

Overview
Startup NameInMobi
HeadquartersBangalore, Karnataka, India
IndustryAdvertising, Digital Media
Founded2007
FoundersAbhay Singhal, Amit Gupta, Mohit Saxena, Naveen Tewari, Piyush Shah
InvestorsLightbox, Softbank Group, Kleiner Perkins
Valuation (April 2021)$12 billion

InMobi, headquartered in Bangalore, India, is a pioneering force in the advertising and digital media industry. Founded in January 2007 by Abhay Singhal, Amit Gupta, Mohit Saxena, Naveen Tewari, and Piyush Shah, the company has emerged as a trailblazer in mobile advertising, optimizing the ranks of advertisements offered on mobile phones.

  1. Founding and Headquarters: InMobi, founded in 2007, is headquartered in Bangalore, Karnataka, India.
  2. Industry: It operates in the advertising and digital media sector, specializing in mobile advertising solutions.
  3. Founders: The company was founded by Abhay Singhal, Amit Gupta, Mohit Saxena, Naveen Tewari, and Piyush Shah.
  4. Investors: InMobi has received investments from prominent entities such as Lightbox, Softbank Group, and Kleiner Perkins.
  5. Valuation: As of April 2021, InMobi boasts a valuation of $12 billion, solidifying its position as a significant player in the digital advertising landscape.
  6. Products and Services: InMobi offers a range of products and services, including InMobi Pulse and Mobile Marketing, which empower businesses to optimize their advertising strategies for mobile platforms.
  7. Market Impact: InMobi’s innovative approach to mobile advertising has made a significant impact on the industry, earning it the status of India’s first unicorn startup and paving the way for others.
  8. Subsidiary Ventures: InMobi has incubated subsidiary ventures such as Glance, which achieved unicorn status in 2020, showcasing its ability to foster groundbreaking ventures within its ecosystem.
  9. Future Outlook: With a commitment to excellence and innovation, InMobi continues to shape the future of advertising in the digital age, poised for further growth and expansion.

2. Flipkart

Overview
Startup NameFlipkart
HeadquartersBangalore, Karnataka, India
IndustryE-commerce, Retail
Founded2007
FoundersSachin Bansal, Binny Bansal
AcquisitionAcquired by Walmart in 2018 for $16 billion
Valuation (2021)$37.6 billion
  1. Founding and Headquarters: Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, with its headquarters located in Bangalore, Karnataka, India.
  2. Industry: It operates in the e-commerce and retail sector, offering a wide range of products across various categories.
  3. Acquisition: Flipkart was acquired by Walmart in 2018 for $16 billion, marking one of the largest e-commerce deals in history.
  4. Valuation: As of 2021, Flipkart’s valuation stands at $37.6 billion, reflecting its significant impact and market dominance.
  5. Key Offerings: Flipkart offers a diverse range of products, including electronics, fashion, home appliances, and groceries, through its user-friendly platform.
  6. Market Impact: Flipkart has played a pivotal role in driving the digital revolution in India and transforming the way Indians shop, disrupting traditional retail channels.
  7. Future Outlook: With the backing of Walmart and a strong focus on innovation and customer satisfaction, Flipkart is poised for further growth and expansion, shaping the future of retail in India and beyond.

3. BharatPe

Overview
Startup NameBharatPe
HeadquartersNew Delhi, India
IndustryFintech, Payments
Founded2018
FoundersAshneer Grover, Shashvat Nakrani
FundingOver $500 million (as of 2021)
Valuation (2021)Over $2 billion
  1. Founding and Headquarters: BharatPe was founded in 2018 by Ashneer Grover and Shashvat Nakrani, with its headquarters located in New Delhi, India.
  2. Industry: BharatPe operates in the fintech sector, specializing in digital payments solutions for merchants.
  3. Offerings: The company provides merchants with a range of payment solutions, including QR code-based payments, POS machines, and UPI-based transactions.
  4. Market Impact: BharatPe’s innovative approach to digital payments has had a significant impact on India’s merchant ecosystem, driving financial inclusion and promoting cashless transactions.
  5. Funding and Valuation: BharatPe has raised over $500 million in funding from leading investors and boasts a valuation of over $2 billion as of 2021, reflecting its rapid growth and market potential.
  6. Expansion and Growth: The company has been expanding its footprint across India, partnering with banks, financial institutions, and payment service providers to offer comprehensive payment solutions.
  7. Future Outlook: With ample funding and a strong focus on innovation, BharatPe is well-positioned to capitalize on the growing demand for digital payments in India and play a leading role in shaping the future of fintech and payments in the country.

4. Dream11

Overview
Startup NameDream11
HeadquartersMumbai, Maharashtra, India
IndustryFantasy Sports, Gaming
Founded2008
FoundersHarsh Jain, Bhavit Sheth
AcquisitionAcquired by Byju’s for $500 million (estimated) in 2022
Valuation (2021)$5 billion (estimated)

Dream11, headquartered in Mumbai, India, is a leading fantasy sports platform that has redefined the gaming landscape in India. Founded in 2008 by Harsh Jain and Bhavit Sheth, Dream11 has become synonymous with fantasy sports in the country.

  1. Founding and Headquarters: Dream11 was founded in 2008 by Harsh Jain and Bhavit Sheth, with its headquarters located in Mumbai, Maharashtra, India.
  2. Industry: The company operates in the fantasy sports and gaming sector, providing users with the opportunity to participate in various sports leagues through its platform.
  3. Offerings: Dream11 offers users the chance to create fantasy teams and compete in leagues for sports like cricket, football, basketball, and kabaddi.
  4. Market Impact: Dream11 has had a transformative impact on the gaming industry in India, engaging millions of users by combining sports fandom with gaming excitement.
  5. Acquisition by Byju’s: In 2022, Dream11 was acquired by educational technology company Byju’s for an estimated $500 million, further solidifying its position in the Indian gaming ecosystem.
  6. Valuation and Growth: As of 2021, Dream11’s valuation is estimated to be around $5 billion, reflecting its significant market presence and growth potential.
  7. Future Outlook: With the backing of Byju’s and a loyal user base, Dream11 aims to capitalize on the growing demand for fantasy sports in India, remaining at the forefront of the gaming industry through innovation and expansion.

5. PhonePe

Overview
Startup NamePhonePe
HeadquartersBangalore, Karnataka, India
IndustryFintech, Digital Payments
Founded2015
FoundersSameer Nigam, Rahul Chari
AcquisitionAcquired by Flipkart for $700 million in 2016
Valuation (2021)Over $5.5 billion (estimated)

PhonePe, headquartered in Bangalore, India, is a leading fintech company specializing in digital payments. Founded in 2015 by Sameer Nigam and Rahul Chari, PhonePe has emerged as one of India’s most popular digital payment platforms.

  1. Founding and Headquarters: PhonePe was founded in 2015 by Sameer Nigam and Rahul Chari, with its headquarters located in Bangalore, Karnataka, India.
  2. Industry: The company operates in the fintech sector, specializing in digital payments.
  3. Offerings: PhonePe offers a wide range of digital payment services, including UPI transactions, bill payments, recharges, and money transfers.
  4. Market Impact: PhonePe has played a significant role in driving the adoption of digital payments in India, revolutionizing the way Indians transact online.
  5. Acquisition by Flipkart: In 2016, PhonePe was acquired by Flipkart for $700 million, providing it with access to Flipkart’s customer base and infrastructure.
  6. Valuation and Growth: As of 2021, PhonePe’s valuation is estimated to be over $5.5 billion, reflecting its rapid growth and market dominance.
  7. Future Outlook: With the backing of Flipkart and a focus on innovation, PhonePe aims to remain at the forefront of the fintech industry, shaping the future of digital payments in India and beyond.

6. BYJU’S

Overview
Startup NameBYJU’S
HeadquartersBangalore, Karnataka, India
IndustryEducation Technology (EdTech)
Founded2011
FounderByju Raveendran
FundingOver $3 billion (as of 2021)
Valuation (2021)$16.5 billion

BYJU’S, headquartered in Bangalore, India, is a prominent education technology company that offers personalized learning experiences to students through its online platform. Founded in 2011 by Byju Raveendran, BYJU’S has transformed the way students in India approach learning.

  1. Founding and Headquarters: BYJU’S was founded in 2011 by Byju Raveendran, with its headquarters located in Bangalore, Karnataka, India.
  2. Industry: The company operates in the education technology (EdTech) sector, offering personalized learning experiences to students through its online platform.
  3. Offerings: BYJU’S provides interactive learning content for students from kindergarten to grade 12, covering subjects such as mathematics, science, and social studies.
  4. Market Impact: BYJU’S has had a profound impact on the education sector in India, offering students access to high-quality educational resources and personalized learning experiences.
  5. Funding and Valuation: BYJU’S has raised over $3 billion in funding from leading investors, with a valuation of $16.5 billion as of 2021, making it one of the most valuable startups in India.
  6. Expansion and Growth: BYJU’S has expanded its reach beyond India, with a presence in several countries worldwide. Through strategic partnerships and acquisitions, BYJU’S continues to broaden its offerings and enhance its presence in the global EdTech landscape.
  7. Future Outlook: With a strong focus on innovation and a commitment to transforming education, BYJU’S is poised for continued growth and success, aiming to empower students worldwide with the knowledge and skills they need to succeed in the digital age.

7. OLA

Overview
Startup NameOla
HeadquartersBangalore, Karnataka, India
IndustryTransportation Technology, Ride-hailing
Founded2010
FoundersBhavish Aggarwal, Ankit Bhati
FundingOver $4 billion (as of 2021)
Valuation (2021)Over $10 billion (estimated)

Ola, headquartered in Bangalore, India, is a leading transportation technology company that operates a ride-hailing platform. Founded in 2010 by Bhavish Aggarwal and Ankit Bhati, Ola has become synonymous with convenient and affordable transportation in India.

  1. Founding and Headquarters: Ola was founded in 2010 by Bhavish Aggarwal and Ankit Bhati, with its headquarters located in Bangalore, Karnataka, India.
  2. Industry: The company operates in the transportation technology sector, offering ride-hailing services through its mobile app.
  3. Offerings: Ola provides various transportation services, including bike rides, auto rickshaws, and car rides, making commuting convenient and accessible for users.
  4. Market Impact: Ola has revolutionized the transportation industry in India, offering commuters a reliable and affordable alternative to traditional modes of transportation.
  5. Funding and Valuation: Ola has raised over $4 billion in funding from leading investors, with a valuation estimated to be over $10 billion as of 2021.
  6. Expansion and Growth: Ola has expanded its services beyond India to international markets like Australia, New Zealand, and the United Kingdom, through strategic partnerships and acquisitions.
  7. Future Outlook: With a strong foundation and commitment to innovation, Ola aims to redefine the future of mobility globally, making transportation more accessible, efficient, and sustainable for people worldwide.

8. OYO Rooms

Overview
Startup NameOYO Rooms
HeadquartersGurugram, Haryana, India
IndustryHospitality, Accommodation
Founded2013
FoundersRitesh Agarwal
FundingOver $4 billion (as of 2021)
Valuation (2021)Over $10 billion (estimated)

OYO Rooms, headquartered in Gurugram, India, is a leading hospitality company that operates a network of budget hotels and accommodation services. Founded in 2013 by Ritesh Agarwal, OYO Rooms has disrupted the traditional hotel industry with its innovative business model.

  1. Founding and Headquarters: OYO Rooms was founded in 2013 by Ritesh Agarwal, with its headquarters located in Gurugram, Haryana, India.
  2. Industry: The company operates in the hospitality and accommodation sector, offering standardized and affordable lodging options.
  3. Offerings: OYO Rooms provides travelers with a wide range of budget hotels, guesthouses, and vacation rentals through its online platform, ensuring convenient and comfortable stays at competitive prices.
  4. Market Impact: OYO Rooms has disrupted the traditional hotel industry in India by offering reliable and affordable accommodation options, catering to both leisure and business travelers.
  5. Funding and Valuation: OYO Rooms has raised over $4 billion in funding from leading investors, with a valuation estimated to be over $10 billion as of 2021.
  6. Expansion and Growth: OYO Rooms has expanded its operations internationally to countries like the United States, China, and Europe, through strategic partnerships and acquisitions, enhancing its global presence in the hospitality industry.
  7. Future Outlook: With a strong foundation and commitment to innovation, OYO Rooms aims to continue capitalizing on the growing demand for affordable and standardized accommodation worldwide, redefining the hospitality experience for travelers globally.

9. Swiggy

Overview
Startup NameSwiggy
HeadquartersBangalore, Karnataka, India
IndustryFood Delivery
Founded2014
FoundersSriharsha Majety, Nandan Reddy, Rahul Jaimini
FundingOver $2 billion (as of 2021)
Valuation (2021)Over $5 billion (estimated)

Swiggy, headquartered in Bangalore, India, is a leading food delivery platform that connects customers with restaurants and eateries in their vicinity. Founded in 2014 by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini, Swiggy has revolutionized the food delivery industry in India.

  1. Founding and Headquarters: Swiggy was founded in 2014 by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini. Its headquarters is located in Bangalore, Karnataka, India.
  2. Industry: Swiggy operates in the food delivery sector, connecting customers with restaurants and eateries in their vicinity.
  3. Offerings: Swiggy offers a wide selection of restaurants and cuisines for online food ordering through its mobile app or website, with features like live order tracking and quick delivery.
  4. Market Impact: Swiggy has significantly impacted the food delivery landscape in India, providing customers with a convenient and reliable way to order food from their favorite restaurants.
  5. Funding and Valuation: Swiggy has raised over $2 billion in funding from investors like Naspers and Tencent, with a valuation estimated to be over $5 billion as of 2021.
  6. Expansion and Growth: Swiggy has expanded its operations to over 500 cities in India and introduced additional services like Swiggy Genie for hyperlocal delivery and Swiggy Instamart for instant grocery delivery.
  7. Future Outlook: With its strong market presence and commitment to innovation, Swiggy aims to continue leading the food delivery industry in India, providing delightful culinary experiences to customers nationwide.

10. Zomato

Overview
Startup NameZomato
HeadquartersGurugram, Haryana, India
IndustryFood Delivery, Restaurant Aggregator
Founded2008
FoundersDeepinder Goyal, Pankaj Chaddah
FundingOver $2 billion (as of 2021)
Valuation (2021)Over $5.4 billion (estimated)

Zomato, headquartered in Gurugram, India, is a leading food delivery and restaurant aggregator platform. Founded in 2008 by Deepinder Goyal and Pankaj Chaddah, Zomato has transformed the way people discover and order food from restaurants.

  1. Founding and Headquarters: Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chaddah. Its headquarters is located in Gurugram, Haryana, India.
  2. Industry: Zomato operates in the food delivery and restaurant aggregation industry, providing users with a platform to discover, explore, and order food from restaurants.
  3. Offerings: Zomato offers a comprehensive platform for users to browse restaurant menus, read reviews, and place food orders for delivery or pickup, enhancing the overall dining experience.
  4. Market Impact: Zomato has significantly impacted the food industry in India by providing a convenient and efficient platform for users to discover and order food from a wide range of restaurants.
  5. Funding and Valuation: Zomato has raised over $2 billion in funding from investors and has a valuation estimated to be over $5.4 billion as of 2021.
  6. Expansion and Growth: Zomato has expanded its operations internationally and diversified its services to include loyalty programs like Zomato Pro and dining memberships like Zomato Gold, catering to the evolving needs of its users.
  7. Future Outlook: With a strong market presence and commitment to innovation, Zomato aims to continue leading the food delivery and restaurant aggregation industry, enhancing the dining experience for users worldwide.

11. Freshworks

Overview
Startup NameFreshworks
HeadquartersChennai, Tamil Nadu, India
IndustrySoftware as a Service (SaaS), Customer Relationship Management (CRM)
Founded2010
FoundersGirish Mathrubootham, Shan Krishnasamy
FundingOver $500 million (as of 2021)
Valuation (2021)Over $3.5 billion (estimated)

Freshworks, headquartered in Chennai, India, is a leading provider of software as a service (SaaS) solutions for customer engagement and relationship management. Founded in 2010 by Girish Mathrubootham and Shan Krishnasamy, Freshworks has become synonymous with innovative and user-friendly CRM software.

  1. Founding and Headquarters: Freshworks was founded in 2010 by Girish Mathrubootham and Shan Krishnasamy. Its headquarters is located in Chennai, Tamil Nadu, India.
  2. Industry: Freshworks operates in the software as a service (SaaS) industry, specializing in customer relationship management (CRM) and customer engagement solutions.
  3. Offerings: Freshworks offers a suite of cloud-based software products, including Freshdesk (customer support), Freshsales (CRM), Freshchat (customer messaging), and more, designed to help businesses manage customer relationships and support.
  4. Market Impact: Freshworks has significantly impacted the SaaS industry by empowering businesses to deliver exceptional customer experiences through its intuitive and customizable software solutions.
  5. Funding and Valuation: Freshworks has raised over $500 million in funding from investors and has a valuation estimated to be over $3.5 billion as of 2021.
  6. Expansion and Growth: Freshworks serves over 50,000 customers worldwide and has expanded its global presence to over 120 countries. The company continues to innovate and expand its product offerings to meet the evolving needs of businesses across industries.
  7. Future Outlook: With a focus on innovation and customer success, Freshworks aims to capitalize on the growing demand for cloud-based CRM and customer engagement solutions, empowering businesses to build lasting relationships with their customers and drive growth in the digital age.

12. Moglix

Overview
Startup NameMoglix
HeadquartersNoida, Uttar Pradesh, India
IndustryB2B E-commerce, Industrial Supplies
Founded2015
FounderRahul Garg
FundingOver $200 million (as of 2021)
Valuation (2021)Over $1 billion (estimated)

Moglix, headquartered in Noida, India, is a leading B2B e-commerce platform that specializes in industrial supplies and procurement solutions. Founded in 2015 by Rahul Garg, Moglix has emerged as a key player in the digital transformation of the industrial supply chain.

  1. Founding and Headquarters: Moglix was founded in 2015 by Rahul Garg, with its headquarters located in Noida, Uttar Pradesh, India.
  2. Industry: The company operates in the B2B e-commerce sector, specializing in industrial supplies and procurement solutions.
  3. Offerings: Moglix offers a wide range of industrial products, including electrical, mechanical, and safety equipment, through its online platform. It also provides procurement solutions and supply chain optimization services to businesses.
  4. Market Impact: Moglix has revolutionized the B2B e-commerce landscape in India by providing businesses with a transparent and efficient platform to purchase industrial supplies. Its digital procurement solutions have enabled companies to access a wider range of products and suppliers, leading to increased efficiency and cost savings.
  5. Funding and Valuation: Moglix has raised over $200 million in funding from investors such as Tiger Global Management and Sequoia Capital. As of 2021, the company’s valuation is estimated to be over $1 billion, making it one of the fastest-growing startups in India.
  6. Expansion and Growth: Moglix has expanded its operations internationally to markets like Southeast Asia and the Middle East. The company has also partnered with leading manufacturers and distributors to enhance its product offerings and strengthen its supply chain network.
  7. Future Outlook: With a focus on innovation and customer satisfaction, Moglix aims to capitalize on the growing demand for digital procurement solutions in the B2B sector. As it continues to expand its reach and offerings, Moglix seeks to empower businesses worldwide with the tools and resources they need to thrive in an increasingly digital economy.

13. upGrad

Overview
Startup NameupGrad
HeadquartersMumbai, Maharashtra, India
IndustryOnline Education, EdTech
Founded2015
FoundersRonnie Screwvala, Mayank Kumar, Phalgun Kompalli, Ravijot Chugh
FundingOver $295 million (as of 2021)
Valuation (2021)Over $1.2 billion (estimated)

upGrad, headquartered in Mumbai, India, is a leading online education platform that offers a wide range of courses and programs for professionals looking to upskill or reskill. Founded in 2015 by Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, and Ravijot Chugh, upGrad has become a prominent player in the EdTech industry.

  1. Founding and Headquarters: upGrad was founded in 2015 by Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, and Ravijot Chugh. Its headquarters is located in Mumbai, Maharashtra, India.
  2. Industry: The company operates in the online education sector, specializing in providing courses and programs for professionals to upskill or reskill.
  3. Offerings: upGrad offers a wide range of online courses, certifications, and degree programs in collaboration with universities and industry partners. Its offerings cover various domains such as data science, business management, and technology.
  4. Market Impact: upGrad has significantly impacted the online education landscape in India by providing learners with flexible and personalized learning experiences. Its industry-relevant curriculum and career support services have helped professionals advance their careers.
  5. Funding and Valuation: upGrad has raised over $295 million in funding from investors such as Temasek and Sequoia Capital India. As of 2021, the company’s valuation is estimated to be over $1.2 billion.
  6. Expansion and Growth: upGrad has expanded its course offerings and reach beyond India to international markets like the United States and Australia. The company has also formed partnerships with universities and corporates to enhance its offerings.
  7. Future Outlook: With a focus on innovation and learner success, upGrad aims to capitalize on the growing demand for online education worldwide. It seeks to empower professionals with the skills and knowledge needed to succeed in a rapidly evolving global economy.

14. MakeMyTrip

Overview
Startup NameMakeMyTrip
HeadquartersGurugram, Haryana, India
IndustryOnline Travel, E-commerce
Founded2000
FoundersDeep Kalra
FundingOver $800 million (as of 2021)
Valuation (2021)Over $2 billion (estimated)

MakeMyTrip, headquartered in Gurugram, India, is a leading online travel company that provides a wide range of travel-related services, including flight bookings, hotel reservations, holiday packages, and more. Founded in 2000 by Deep Kalra, MakeMyTrip has become a household name in the Indian travel industry.

  1. Founding and Headquarters: MakeMyTrip was founded in 2000 by Deep Kalra. Its headquarters is located in Gurugram, Haryana, India.
  2. Industry: The company operates in the online travel and e-commerce sector, providing services such as flight bookings, hotel reservations, holiday packages, and more.
  3. Offerings: MakeMyTrip offers a comprehensive platform for travelers to plan and book their travel experiences, including flights, hotels, buses, trains, holiday packages, and travel insurance.
  4. Market Impact: MakeMyTrip has significantly impacted the travel industry in India by providing convenient and affordable travel solutions through its user-friendly platform and extensive network of partners.
  5. Funding and Valuation: MakeMyTrip has raised over $800 million in funding from investors such as SoftBank and Tiger Global Management. As of 2021, the company’s valuation is estimated to be over $2 billion.
  6. Expansion and Growth: MakeMyTrip has expanded its operations internationally to markets like the United States and the Middle East. The company has also diversified its offerings to include travel-related services such as car rentals and activities.
  7. Future Outlook: With a strong market position and commitment to innovation, MakeMyTrip aims to capitalize on the growing demand for travel-related services globally. It seeks to enhance the travel experience for customers by providing accessible and enjoyable travel solutions worldwide.

15. Nykaa

Overview
Startup NameNykaa
HeadquartersMumbai, Maharashtra, India
IndustryE-commerce, Beauty and Wellness
Founded2012
FounderFalguni Nayar
FundingOver $700 million (as of 2021)
Valuation (2021)Over $3 billion (estimated)

Nykaa, headquartered in Mumbai, India, is a leading e-commerce platform specializing in beauty and wellness products. Founded in 2012 by Falguni Nayar, Nykaa has become synonymous with quality beauty products and excellent customer service.

  1. Founding and Headquarters: Nykaa was founded in 2012 by Falguni Nayar. Its headquarters is located in Mumbai, Maharashtra, India.
  2. Industry: The company operates in the e-commerce sector, specializing in beauty and wellness products.
  3. Offerings: Nykaa offers a wide range of beauty and wellness products, including skincare, haircare, makeup, fragrances, and personal care items. It also provides beauty tips, tutorials, and product reviews to enhance the shopping experience.
  4. Market Impact: Nykaa has significantly impacted the beauty and wellness industry in India by providing customers with access to a diverse range of high-quality products from international and domestic brands. Its user-friendly interface and efficient delivery have made it a preferred destination for beauty enthusiasts.
  5. Funding and Valuation: Nykaa has raised over $700 million in funding from investors such as TPG and Steadview Capital. As of 2021, the company’s valuation is estimated to be over $3 billion.
  6. Expansion and Growth: Nykaa has expanded its offerings to include fashion, accessories, and home essentials. It has also launched its own private label brands and expanded its presence in the market.
  7. Future Outlook: With a focus on customer satisfaction and innovation, Nykaa aims to continue leading the e-commerce industry in India. It seeks to provide customers with an unparalleled shopping experience and become the ultimate destination for all their beauty and wellness needs.

16. Policybazaar

Overview
Startup NamePolicybazaar
HeadquartersGurugram, Haryana, India
IndustryFintech, Insurance, Online Marketplace
Founded2008
FoundersYashish Dahiya, Alok Bansal, Avaneesh Nirjar
FundingOver $500 million (as of 2021)
Valuation (2021)Over $1.5 billion (estimated)

Policybazaar, headquartered in Gurugram, India, is a leading online insurance aggregator that helps customers compare and purchase insurance policies. Founded in 2008 by Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar, Policybazaar has become the largest insurance marketplace in India.

  1. Founding and Headquarters: Policybazaar was founded in 2008 by Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar. Its headquarters is located in Gurugram, Haryana, India.
  2. Industry: The company operates in the fintech sector, specializing in insurance and online marketplace services.
  3. Offerings: Policybazaar offers customers a platform to compare and purchase various insurance products, including health, life, car, and travel insurance. It also provides personalized policy recommendations based on individual needs.
  4. Market Impact: Policybazaar has significantly impacted the insurance industry in India by providing transparency, choice, and convenience to customers seeking insurance policies. Its user-friendly platform and extensive network of insurance providers have made it a trusted destination for insurance seekers.
  5. Funding and Valuation: Policybazaar has raised over $500 million in funding from investors such as SoftBank and Tencent. As of 2021, the company’s valuation is estimated to be over $1.5 billion.
  6. Expansion and Growth: Policybazaar has expanded its offerings to include financial products such as loans, credit cards, and mutual funds. It has also expanded its presence in international markets and formed partnerships with leading banks and financial institutions.
  7. Future Outlook: With a focus on customer-centricity and innovation, Policybazaar aims to continue disrupting the insurance industry and expanding its market reach. Leveraging technology and data analytics, the company seeks to empower customers with the information and tools they need to make informed decisions about their financial future.

17. CoinDCX

Overview
Startup NameCoinDCX
HeadquartersMumbai, Maharashtra, India
IndustryCryptocurrency Exchange, Fintech
Founded2018
FoundersSumit Gupta, Neeraj Khandelwal, and Sanjay Bhatt
FundingOver $90 million (as of 2021)
Valuation (2021)Over $1 billion (estimated)

CoinDCX, headquartered in Mumbai, India, is one of the leading cryptocurrency exchanges in the country. Founded in 2018 by Sumit Gupta, Neeraj Khandelwal, and Sanjay Bhatt, CoinDCX has emerged as a key player in the rapidly growing cryptocurrency market in India.

  1. Founding and Headquarters: CoinDCX was founded in 2018 by Sumit Gupta, Neeraj Khandelwal, and Sanjay Bhatt. Its headquarters is located in Mumbai, Maharashtra, India.
  2. Industry: The company operates in the cryptocurrency exchange and fintech sector, providing a platform for buying, selling, and trading digital assets.
  3. Offerings: CoinDCX offers users a user-friendly platform for trading a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Ripple. It also provides advanced trading features and tools for experienced traders.
  4. Market Impact: CoinDCX has significantly impacted the cryptocurrency landscape in India by providing investors with a safe, secure, and reliable platform for trading digital assets. Its intuitive interface, robust security measures, and responsive customer support have made it a preferred choice among cryptocurrency enthusiasts.
  5. Funding and Valuation: CoinDCX has raised over $90 million in funding from investors such as Coinbase Ventures and Polychain Capital. As of 2021, the company’s valuation is estimated to be over $1 billion, reflecting its rapid growth and market dominance.
  6. Expansion and Growth: CoinDCX has expanded its offerings beyond basic cryptocurrency trading to include services such as staking, lending, and futures trading. The company has also launched educational initiatives and community-building efforts to promote cryptocurrency adoption and awareness in India.
  7. Future Outlook: With a focus on innovation and regulatory compliance, CoinDCX aims to continue leading the cryptocurrency market in India. As it expands its product offerings and user base, CoinDCX seeks to empower individuals to participate in the digital economy and capitalize on the potential of blockchain technology.

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