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
Company | Founders | Industry | Founded | Valuation (USD) |
Byju’s | Byju Raveendran, Divya Gokunath | EdTech | 2008 | 22.1 billion |
Ola Electric Mobility | Bhavish Aggarwal, Anand Shah, Ankit Jain | Electric Vehicles | 2019 | 7.0 billion |
Meesho | Vidit Aatrey, Sanjeev Barnwal | E-commerce | 2015 | 4.9 billion |
Pine Labs | Amrish Rau, Ajay Shekhar, Lokvir Kapoor | Payments | 2011 | 6.7 billion |
Zomato | Deepinder Goyal, Gaurav Gupta, Pankaj Chaddah | Food Delivery | 2008 | 10.9 billion |
Flipkart | Sachin Bansal, Binny Bansal | E-commerce | 2007 | 37.6 billion |
Cred | Kunal Shah | FinTech | 2018 | 2.2 billion |
Udaan | Amod Malviya, Vaibhav Gupta, Sujeet Kumar | B2B Marketplace | 2016 | 3.8 billion |
Delhivery | Sahil Barua, Mohit Bhatnagar, Binny Bansal | Logistics | 2011 | 3.9 billion |
PolicyBazaar | Yashish Dahiya, Alok Bansal | Insurance | 2008 | 6.5 billion |
Digital Insurance | Kamesh Goyal, Prem Watsa | Insurance | 2016 | 11.1 billion |
Swiggy | Nandan Nilekani, Rahul Jaimini | Food Delivery | 2011 | 10.7 billion |
Freshworks | Girish Mathrubootham, Shan Krishnasamy | SaaS | 2010 | 10.3 billion |
PharmEasy | Dharmil Sheth, Siddharth Shah, Harsha Majety | Healthcare | 2015 | 6.6 billion |
Cars24 | Vikram Chopra, Mayank Jain, Gaurav Munjal | Auto | 2015 | 3.3 billion |
CureFit | Mukesh Bansal, Ankit Nagori | Healthcare | 2016 | 4.5 billion |
BrowserStack | Ritesh Agarwal, Harish Aney | SaaS | 2011 | 4.0 billion |
Zeta | Bhavin Turakhia, Ramki Gaddipati | FinTech | 2015 | 5.3 billion |
MindTickle | Sarvjeet Singh, Abhishek Singh | SaaS | 2011 | 3.2 billion |
DealShare | Vineet Rao, Ankit Agarwal, Rajat Sethi | E-commerce | 2018 | 5.1 billion |
ElasticRun | Sandeep Deshmukh, Prashant Singh | E-commerce | 2016 | 3.7 billion |
MobiKwik | Bipin Preet Singh, Upasana Taku | FinTech | 2009 | 2.8 billion |
Licious | Vivek Gupta, Abhay Hanjura, Mukesh Bansal | Foodtech | 2015 | 5.1 billion |
CredAvenue | Sumit Gupta, Mayank Malhotra, Ashish Mohapatra | FinTech | 2018 | 4.0 billion |
Amagi | Saurabh Gupta, Niraj Aggarwal, Ankit Aggarwal | SaaS | 2012 | 2.2 billion |
Eruditus | Gaurav Munjal, Roman Saini | EdTech | 2012 | 3.0 billion |
Uniphore | P. Soundararajan, Umesh Sachdev | AI | 2008 | 2.9 billion |
Hasura | Tanmai Gopal, Rajoshi Ghosh | SaaS | 2017 | N/A |
Hasura | Hasura team | SaaS | 2016 | 2.1 billion |
Darwinbox | Rohit Chanana, Sahil Barot | HR Tech | 2015 | 2.1 billion |
5ire | Pratik Jain, Prashant Jaiswal | Blockchain | 2019 | 5.0 billion |
LeadSquared | Nilesh Patel, Prashant Singh | SaaS | 2013 | 1.8 billion |
OfBusiness | Ashneer Grover | B2B Marketplace | 2015 | 10.0 billion |
Mamaearth | Varun Alagh, Ghazal Alagh | Personal Care | 2016 | 2.0 billion |
Glance | Naveen Tewari, Samir Modi | AI-powered lockscreen | 2017 | 5.0 billion |
Upstox | Ravi Kumar, Saurabh Maheshwari | FinTech | 2011 | 1.8 billion |
Slice | Rajan Bajaj, Abhishek Bansal | FinTech | 2016 | 1.5 billion |
BlackBuck | Rajesh Y. Agarwal, Vikas Agnihotri | Logistics | 2015 | 1.5 billion |
CommerceIQ | Ananth Narayanan, Akshay Dhand | Retail Tech | 2013 | 1.1 billion |
Gamezop | Anirudh Jain, Ashwin Suresh | Gaming | 2009 | 1.1 billion |
Purplle | Manish Taneja, Rahul Taneja | Beauty | 2012 | 1.5 billion |
Livspace | Ramakant Sharma, Anuj Srivastava | Home Interiors | 2015 | 3.0 billion |
XpressBees | Amrish Rau, Inderjit Singh | Logistics | 2013 | 1.2 billion |
Zetwerk | Amrit Acharya, Srinath Ramasubramanian | Manufacturing | 2018 | 2.5 billion |
Open | Ankit Bhatia, Abhinav Chaturvedi | FinTech | 2016 | 1.1 billion |
PhysicsWallah | Alakh Pandey | EdTech | 2015 | 1.1 billion |
Vedantu | Salil Bhatia, Vamsi Krishna | EdTech | 2011 | 8.0 billion |
Tata Neu | Tata Group | Super App | 2022 | 2.0 billion |
OneCard | Anup Jain, Sumeet Singh | FinTech | 2018 | 1.0 billion |
5paisa | Nithin Kamath | FinTech | 2009 | 1.0 billion |
Cure.fit | Mukesh Bansal, Ankit Nagori | Healthcare | 2016 | 3.6 billion |
Zee5 | Subhash Chandra, Punit Goenka | OTT | 2008 | 1.5 billion |
Crowdfire | Naveen Tewari | Social Media | 2010 | 1.0 billion |
ShareChat | Ankush Sachdeva, Farid Ahsan | Social Media | 2015 | 3.7 billion |
Urban Company | Amit Agarwal, Abhiraj Singh | Home Services | 2014 | 4.5 billion |
Droom | Sandeep Aggarwal | Auto | 2014 | 2.0 billion |
Monzo | Zac Birch, Jason Bates | FinTech | 2015 | 1.5 billion |
GoMechanic | Amit Jain, Nikhil Jain | Auto | 2015 | 1.0 billion |
Instamojo | Akash Sinha, Sampad Swain | Payments | 2012 | 1.0 billion |
MFine | Ashutosh Ladhani, Sameer Puranik | Healthcare | 2017 | 1.0 billion |
Tata Digital | Tata Group | E-commerce | 2021 | 10.0 billion |
Apna | Nirav Choksi, Sumit Khandelwal | FinTech | 2019 | 1.0 billion |
Elara Health | Arvind Lal | Healthcare | 2016 | 1.0 billion |
OkCredit | Gaurav Jalan, Pallav Jain | FinTech | 2016 | 1.0 billion |
Stealth | Prashant Singh, Nilesh Patel | SaaS | 2015 | 1.0 billion |
BharatPe | Ashneer Grover, Shashank Bansal, Bhavik Koladiya | FinTech | 2018 | 2.5 billion |
Kinetic Green | Sandeep Upadhyay, Ajay Upadhyay | Renewable Energy | 2014 | 1.0 billion |
Unacademy | Gaurav Munjal, Roman Saini | EdTech | 2015 | 3.4 billion |
OYO | Ritesh Agarwal | Hospitality | 2013 | 9.5 billion |
Jio Platforms | Mukesh Ambani | Telecom | 2007 | 97.0 billion |
Zoho | Sridhar Vembu, TA Krishnan | SaaS | 1996 | 13.9 billion |
Ola | Bhavish Aggarwal, Ankit Bhati | Mobility | 2010 | 6.5 billion |
List of Unicorn Startups in India
- InMobi
- Flipkart
- BharatPe
- Dream11
- PhonePe
- BYJU’S
- OLA
- OYO Rooms
- Swiggy
- Zomato
- Freshworks
- Moglix
- upGrad
- MakeMyTrip
- Nykaa
- Policybazaar
- CoinDCX
- Pine Labs
- Highradius
- Zetwerk
- BlackBuck
- Droom
- OfBusiness
- ShareChat
- Verse Innovation
- PharmEasy
- MyGlamm
- CRED
- Meesho
- Urban Company
- Infra.Market
- Digit Insurance
- Innovaccer
- Five Star Business Finance
- Groww
- Gupshup
- Eruditus
- Chargebee
- Zeta
- BrowserStack
- Paytm
- Paytm Mall
- Zerodha
- ReNew Power
- BigBasket
- Udaan
- Ola Electric
- Mohalla Tech (Moj)
- FirstCry
- Lenskart
- Blinkit (ex-Grofers)
- Glance, Inmobi
- Dailyhunt
- Zenoti
- Cars24
- RazorPay
- Unacademy
- Postman
- CitiusTech
- Icertis
- Druva
- Rivigo
- Matic Network / Polygon
- MindTickle
- Delhivery
- Billdesk
- Mu Sigma
- Info Edge
- MPL
- Apna
- Vedantu
- Licious
- CoinSwitch Kuber
- Rebel Foods
- CarDekho
- MobiKwik
- Acko
- CureFit
- Mensa
- NoBroker
- Spinny
- Upstox
- Slice
- Pristyn Care
- GlobalBees
- Mamaearth
- Fractal Analytics
- LEAD School
- Darwinbox
- DealShare
- ElasticRun
- Livspace
- Xpressbees
- Uniphore
- Hasura
- CredAvenue
- Amagi
- CommerceIQ
- Oxyzo
- Games 24×7
- Open
- PhysicsWallah
- Purplle
- LeadSquared
- OneCard
- 5ire
- Shiprocket
- Tata 1mg
- Molbio Diagnostics
- Zepto
- Krutrim
- Perfios
1. InMobi
Overview | |
---|---|
Startup Name | InMobi |
Headquarters | Bangalore, Karnataka, India |
Industry | Advertising, Digital Media |
Founded | 2007 |
Founders | Abhay Singhal, Amit Gupta, Mohit Saxena, Naveen Tewari, Piyush Shah |
Investors | Lightbox, 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.
- Founding and Headquarters: InMobi, founded in 2007, is headquartered in Bangalore, Karnataka, India.
- Industry: It operates in the advertising and digital media sector, specializing in mobile advertising solutions.
- Founders: The company was founded by Abhay Singhal, Amit Gupta, Mohit Saxena, Naveen Tewari, and Piyush Shah.
- Investors: InMobi has received investments from prominent entities such as Lightbox, Softbank Group, and Kleiner Perkins.
- Valuation: As of April 2021, InMobi boasts a valuation of $12 billion, solidifying its position as a significant player in the digital advertising landscape.
- 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.
- 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.
- 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.
- 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 Name | Flipkart |
Headquarters | Bangalore, Karnataka, India |
Industry | E-commerce, Retail |
Founded | 2007 |
Founders | Sachin Bansal, Binny Bansal |
Acquisition | Acquired by Walmart in 2018 for $16 billion |
Valuation (2021) | $37.6 billion |
- Founding and Headquarters: Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, with its headquarters located in Bangalore, Karnataka, India.
- Industry: It operates in the e-commerce and retail sector, offering a wide range of products across various categories.
- Acquisition: Flipkart was acquired by Walmart in 2018 for $16 billion, marking one of the largest e-commerce deals in history.
- Valuation: As of 2021, Flipkart’s valuation stands at $37.6 billion, reflecting its significant impact and market dominance.
- Key Offerings: Flipkart offers a diverse range of products, including electronics, fashion, home appliances, and groceries, through its user-friendly platform.
- 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.
- 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 Name | BharatPe |
Headquarters | New Delhi, India |
Industry | Fintech, Payments |
Founded | 2018 |
Founders | Ashneer Grover, Shashvat Nakrani |
Funding | Over $500 million (as of 2021) |
Valuation (2021) | Over $2 billion |
- Founding and Headquarters: BharatPe was founded in 2018 by Ashneer Grover and Shashvat Nakrani, with its headquarters located in New Delhi, India.
- Industry: BharatPe operates in the fintech sector, specializing in digital payments solutions for merchants.
- Offerings: The company provides merchants with a range of payment solutions, including QR code-based payments, POS machines, and UPI-based transactions.
- 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.
- 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.
- 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.
- 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 Name | Dream11 |
Headquarters | Mumbai, Maharashtra, India |
Industry | Fantasy Sports, Gaming |
Founded | 2008 |
Founders | Harsh Jain, Bhavit Sheth |
Acquisition | Acquired 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.
- Founding and Headquarters: Dream11 was founded in 2008 by Harsh Jain and Bhavit Sheth, with its headquarters located in Mumbai, Maharashtra, India.
- 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.
- Offerings: Dream11 offers users the chance to create fantasy teams and compete in leagues for sports like cricket, football, basketball, and kabaddi.
- 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.
- 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.
- Valuation and Growth: As of 2021, Dream11’s valuation is estimated to be around $5 billion, reflecting its significant market presence and growth potential.
- 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 Name | PhonePe |
Headquarters | Bangalore, Karnataka, India |
Industry | Fintech, Digital Payments |
Founded | 2015 |
Founders | Sameer Nigam, Rahul Chari |
Acquisition | Acquired 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.
- Founding and Headquarters: PhonePe was founded in 2015 by Sameer Nigam and Rahul Chari, with its headquarters located in Bangalore, Karnataka, India.
- Industry: The company operates in the fintech sector, specializing in digital payments.
- Offerings: PhonePe offers a wide range of digital payment services, including UPI transactions, bill payments, recharges, and money transfers.
- Market Impact: PhonePe has played a significant role in driving the adoption of digital payments in India, revolutionizing the way Indians transact online.
- Acquisition by Flipkart: In 2016, PhonePe was acquired by Flipkart for $700 million, providing it with access to Flipkart’s customer base and infrastructure.
- Valuation and Growth: As of 2021, PhonePe’s valuation is estimated to be over $5.5 billion, reflecting its rapid growth and market dominance.
- 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 Name | BYJU’S |
Headquarters | Bangalore, Karnataka, India |
Industry | Education Technology (EdTech) |
Founded | 2011 |
Founder | Byju Raveendran |
Funding | Over $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.
- Founding and Headquarters: BYJU’S was founded in 2011 by Byju Raveendran, with its headquarters located in Bangalore, Karnataka, India.
- Industry: The company operates in the education technology (EdTech) sector, offering personalized learning experiences to students through its online platform.
- Offerings: BYJU’S provides interactive learning content for students from kindergarten to grade 12, covering subjects such as mathematics, science, and social studies.
- 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.
- 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.
- 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.
- 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 Name | Ola |
Headquarters | Bangalore, Karnataka, India |
Industry | Transportation Technology, Ride-hailing |
Founded | 2010 |
Founders | Bhavish Aggarwal, Ankit Bhati |
Funding | Over $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.
- Founding and Headquarters: Ola was founded in 2010 by Bhavish Aggarwal and Ankit Bhati, with its headquarters located in Bangalore, Karnataka, India.
- Industry: The company operates in the transportation technology sector, offering ride-hailing services through its mobile app.
- Offerings: Ola provides various transportation services, including bike rides, auto rickshaws, and car rides, making commuting convenient and accessible for users.
- Market Impact: Ola has revolutionized the transportation industry in India, offering commuters a reliable and affordable alternative to traditional modes of transportation.
- 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.
- 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.
- 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 Name | OYO Rooms |
Headquarters | Gurugram, Haryana, India |
Industry | Hospitality, Accommodation |
Founded | 2013 |
Founders | Ritesh Agarwal |
Funding | Over $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.
- Founding and Headquarters: OYO Rooms was founded in 2013 by Ritesh Agarwal, with its headquarters located in Gurugram, Haryana, India.
- Industry: The company operates in the hospitality and accommodation sector, offering standardized and affordable lodging options.
- 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.
- 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.
- 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.
- 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.
- 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 Name | Swiggy |
Headquarters | Bangalore, Karnataka, India |
Industry | Food Delivery |
Founded | 2014 |
Founders | Sriharsha Majety, Nandan Reddy, Rahul Jaimini |
Funding | Over $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.
- Founding and Headquarters: Swiggy was founded in 2014 by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini. Its headquarters is located in Bangalore, Karnataka, India.
- Industry: Swiggy operates in the food delivery sector, connecting customers with restaurants and eateries in their vicinity.
- 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.
- 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.
- 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.
- 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.
- 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 Name | Zomato |
Headquarters | Gurugram, Haryana, India |
Industry | Food Delivery, Restaurant Aggregator |
Founded | 2008 |
Founders | Deepinder Goyal, Pankaj Chaddah |
Funding | Over $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.
- Founding and Headquarters: Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chaddah. Its headquarters is located in Gurugram, Haryana, India.
- Industry: Zomato operates in the food delivery and restaurant aggregation industry, providing users with a platform to discover, explore, and order food from restaurants.
- 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.
- 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.
- 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.
- 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.
- 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 Name | Freshworks |
Headquarters | Chennai, Tamil Nadu, India |
Industry | Software as a Service (SaaS), Customer Relationship Management (CRM) |
Founded | 2010 |
Founders | Girish Mathrubootham, Shan Krishnasamy |
Funding | Over $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.
- Founding and Headquarters: Freshworks was founded in 2010 by Girish Mathrubootham and Shan Krishnasamy. Its headquarters is located in Chennai, Tamil Nadu, India.
- Industry: Freshworks operates in the software as a service (SaaS) industry, specializing in customer relationship management (CRM) and customer engagement solutions.
- 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.
- Market Impact: Freshworks has significantly impacted the SaaS industry by empowering businesses to deliver exceptional customer experiences through its intuitive and customizable software solutions.
- 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.
- 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.
- 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 Name | Moglix |
Headquarters | Noida, Uttar Pradesh, India |
Industry | B2B E-commerce, Industrial Supplies |
Founded | 2015 |
Founder | Rahul Garg |
Funding | Over $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.
- Founding and Headquarters: Moglix was founded in 2015 by Rahul Garg, with its headquarters located in Noida, Uttar Pradesh, India.
- Industry: The company operates in the B2B e-commerce sector, specializing in industrial supplies and procurement solutions.
- 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.
- 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.
- 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.
- 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.
- 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 Name | upGrad |
Headquarters | Mumbai, Maharashtra, India |
Industry | Online Education, EdTech |
Founded | 2015 |
Founders | Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, Ravijot Chugh |
Funding | Over $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.
- 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.
- Industry: The company operates in the online education sector, specializing in providing courses and programs for professionals to upskill or reskill.
- 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.
- 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.
- 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.
- 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.
- 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 Name | MakeMyTrip |
Headquarters | Gurugram, Haryana, India |
Industry | Online Travel, E-commerce |
Founded | 2000 |
Founders | Deep Kalra |
Funding | Over $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.
- Founding and Headquarters: MakeMyTrip was founded in 2000 by Deep Kalra. Its headquarters is located in Gurugram, Haryana, India.
- Industry: The company operates in the online travel and e-commerce sector, providing services such as flight bookings, hotel reservations, holiday packages, and more.
- 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.
- 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.
- 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.
- 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.
- 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 Name | Nykaa |
Headquarters | Mumbai, Maharashtra, India |
Industry | E-commerce, Beauty and Wellness |
Founded | 2012 |
Founder | Falguni Nayar |
Funding | Over $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.
- Founding and Headquarters: Nykaa was founded in 2012 by Falguni Nayar. Its headquarters is located in Mumbai, Maharashtra, India.
- Industry: The company operates in the e-commerce sector, specializing in beauty and wellness products.
- 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.
- 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.
- 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.
- 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.
- 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 Name | Policybazaar |
Headquarters | Gurugram, Haryana, India |
Industry | Fintech, Insurance, Online Marketplace |
Founded | 2008 |
Founders | Yashish Dahiya, Alok Bansal, Avaneesh Nirjar |
Funding | Over $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.
- Founding and Headquarters: Policybazaar was founded in 2008 by Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar. Its headquarters is located in Gurugram, Haryana, India.
- Industry: The company operates in the fintech sector, specializing in insurance and online marketplace services.
- 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.
- 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.
- 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.
- 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.
- 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 Name | CoinDCX |
Headquarters | Mumbai, Maharashtra, India |
Industry | Cryptocurrency Exchange, Fintech |
Founded | 2018 |
Founders | Sumit Gupta, Neeraj Khandelwal, and Sanjay Bhatt |
Funding | Over $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.
- Founding and Headquarters: CoinDCX was founded in 2018 by Sumit Gupta, Neeraj Khandelwal, and Sanjay Bhatt. Its headquarters is located in Mumbai, Maharashtra, India.
- Industry: The company operates in the cryptocurrency exchange and fintech sector, providing a platform for buying, selling, and trading digital assets.
- 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.
- 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.
- 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.
- 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.
- 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.