10 Top Unicorn Startups of India: See The Full List Of India’s Largest Unicorn Startups Here!
10 Top Unicorn Startups of India: Nowadays, our nation is seeing a distinct surge of startups and company ventures, with the majority of individuals desiring to launch their own ventures.
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10 Top Unicorn Startups of India
The fact that starting a startup in India is now quite simple and that the majority of startup investors are funding Indian companies is one of the main causes of this. This explains why over 100 unicorn startups have arisen in India to far.
Given the circumstances, it is understandable that a great deal of interest exists among readers about the Top 10 Unicorn Startups of India, which comprise the country’s ten largest unicorn startups. For this reason, we will discuss the Top 10 Unicorn Startups of India in this article. So let’s get going.
How Does Unicorn Startup Work?
10 Top Unicorn Startups of India: Let me clarify before moving on: a firm valued at more than $1 billion is referred to be a unicorn startup. In India, over 100 unicorn startups have emerged to far.
Furthermore, India ranks third globally in terms of the total number of unicorn startups founded; the United States and China now hold the top two spots. However, projections indicate that in the next years, our nation will rank as the second-largest Unicorn Startup Hub globally.
Inmobi
Inmobi is a mobile advertising firm situated in Bengaluru, India, that was founded in 2007 and assists many mobile companies with their advertising. The CEO and founder of Inmobi is Naveen Tiwari. Allow us to inform you that Inmobi became the first unicorn business in India.
In addition, in 2019 the Inmobi firm launched Glance, a subsidiary that merged with another company to become a Unicorn in 2020.
Flipkart
You should be aware that the Flipkart firm is one of India’s biggest online retailers, offering almost anything for sale. In Bengaluru, it was founded in 2007 by Binny and Sachin Bansal.
Flipkart, one of the biggest unicorn firms in India, is expected to be valued at over 37 billion dollars in 2023, according to projections. In addition, let us inform you that Walmart purchased Flipkart in 2018 for a sum of sixteen billion dollars.
Dream11
You have probably heard of Dream 11 at some time if you are familiar with Fantasy Cricket. Founded in 2008 by Bhvait Sheth and Harsh Jain, this is the biggest Sports Fantasy firm in India.
It is noteworthy to mention that millions of people use Dream 11 to participate in Fantasy Sports. Based on estimates, this firm was valued at $8 billion in 2021, which makes it one of India’s biggest unicorn startups.
Ola
Ola is one of the biggest online taxi ride booking firms in India, therefore you have probably used it at some point to book trips and cabs. Ola, a daily use app used by millions of people, was founded in 2010 by Bhavish Aggarwal and Ankit Bhati.
In addition, Ola has increased its global reach, which has led to a large user base outside of India. As to the reports, this company’s value reached over $6 billion by 2020, making it one of the biggest unicorn firms.
OYO Rooms
In India, OYO Rooms is the most popular website for booking hotel rooms online. Ritesh Agarwal founded the firm in 2013. Let us also mention that Ritesh was just 21 years old when he began this.
OYO is now the biggest online hotel reservation firm in India. OYO has also made several real estate investments around the nation using its funds. According to sources, this company’s worth in 2021 was $9 billion, indicating that their firm is still growing.
All 4 Company Name
Rank | Company | Industry | Founding Year | Founder(s) | Valuation (as of latest available data) |
---|---|---|---|---|---|
1 | Inmobi | Mobile Advertising | 2007 | Naveen Tiwari | $12-15 billion (as of 2021) |
2 | Flipkart | E-commerce | 2007 | Binny Bansal, Sachin Bansal | $37 billion (as of 2023) |
3 | Dream11 | Sports Fantasy | 2008 | Bhavit Sheth, Harsh Jain | $8 billion (as of 2021) |
4 | Ola | Ride-hailing | 2010 | Bhavish Aggarwal, Ankit Bhati | $6 billion (as of 2020) |
5 | OYO Rooms | Online Hotel Booking | 2013 | Ritesh Agarwal | $9 billion (as of 2021) |
6 | Swiggy | Food Delivery | 2014 | Sriharsha Majety, Nandan Reddy | $5.5 billion (as of 2022) |
7 | PhonePe | Mobile Payments | 2015 | Sameer Nigam, Rahul Chari | $12 billion (as of 2023) |
8 | Zomato | Food Delivery | 2008 | Deepinder Goyal, Pankaj Chaddah | $13 billion (as of 2023) |
9 | Freshworks | Business Software | 2010 | Girish Mathrubootham | $10 billion (as of 2021) |
10 | Nykaa | Beauty and Wellness | 2012 | Falguni Nayar | $8 billion (as of 2021) |
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