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Unicorn Companies in India List Ranking 2023 Updated
In recent years, India has developed itself as a startup hub. After the make in India policy of PM Modi, many entrepreneurs have founded their startups. Now you must be wondering that what is a startup and some of you would be familiar with the word. The startup is a new company that can be founded by one or more people with innovative ideas to serve the new generation with the latest technology products and services. At the initial stage of its operation, it requires funding from other investors like their family members, friends or other companies. There are various types of startups like wealth management startups, fintech startups, biotech startups, construction startups, and many more.
When a startup is successfully developed then it wants to get into the Unicorn club. Every startup desires to become a member of the prestigious Unicorn. When any startup or a company gets valued at over $1 billion it is said to be unicorn startup or a company. Like Paytm is a fintech startup that is the highest gainer in the Indian unicorn category. Currently, many startups have successfully entered in the billion-dollar unicorn club and India is planning to exceed the rate of unicorns till 2025. In the year 2020 despite the era of pandemic seven of the India startups have entered in the list of the unicorn that are Postman, Nykaa, Unacademy, Pine labs, etc. In this article, we will discuss some of the best startups that have got the Unicorn status.
What are the best Unicorn startups in India?
In India, there are about 61 unicorn startups that are valued more than $1 billion and as per the Hurun Global Unicorn list 2020, 40 Unicorns are based in other countries. In this article, we have listed the top 20 Unicorn startups in India.
Top 20 Unicorn startups in India
Quikr is a free classified and online marketplace where users can buy, sell or rent anything. The startup that has got the Unicorn startup status in the year 2015. The startup was founded by Jiby Thomas and Pranay Chulet in 2008. The head office of the company is located in Bangalore.
The startup has received the funding of $430 million from Kinnevik AB, Tiger Global Management, Brand capital, NGP Capital, Warburg Pincus, InnoVen Capital, Coatue, Falcon edge capital, Steadview capital, etc.
You can contact to Quikr through sending mail on firstname.lastname@example.org and you can call on +02267797979.
Nykaa is one of the successful startups in India founded by Falguni Nayan in 2012. It is an online platform which offers different types of all beauty and wellness products. The headquarters of the company is located in Mumbai, Maharashtra.
The startup has started NykaaNetwork which is an online platform for the subscribers to chat with each other. It also has started Nykaa Design Studio through you get the designer and premium brands apparel like ok Ritu Kumar and Masaba. In 2018, the startup has also launched Nykaa Men which is an eCommerce platform for every type of men’s products like sports nutrition, haircare, skincare, wellness, etc.
The startup has received the unicorn tag in May 2010 when it has raised the total funding of rs.66.64 crores from its investor Steadview Capital. Some of its other investors are Fidelity Management and research companies, Alia Bhatt, Katrina Kaif, TVS capital fund Sharpe venturesTPG growth, Lighthouse funds, etc.
You can contact to Nykaa through sending mail on email address email@example.com and you can call on +91 92 22 201010.
Dream11 is one of the topmost Media & entertainment startups that has received the status of unicorn startups. The startup was founded by Harsh Jain and Bhavit Sheth in 2011. The head office of the company is located in Mumbai. It is an online sports platform where users can play multiple games like hockey, football, basketball, cricket, etc.
Dream11 has raised the funding of $385 million and become the part of Unicorn startup in the year 2019. It is India’s first gaming company which has joined the “Unicorn Club”. Some of its major investors are Steadview Capital, Think Investments and Kalaari Capital.
OYO is a startup in India founded by Ritesh Agarwal in 2013. The head office of the company is located at Delhi NCR. It is a platform which is a network on several hotels created to provide you standardized stay experiences. The hotels under OYO provides room at reasonable prices with breakfast facility, hotel packages, etc.
The startup has received funding of $3.2 billion from its investors like SoftBank, Huazhu Hotels Group, Sequoia Capital, Light Speed venture partners and Greenoaks capital. OYO has received the Unicorn status in the year 2018.
You can contact to OYO through sending mail on firstname.lastname@example.org and you can call on +91 9313931393.
Ola is a startup in India founded by Bhavish Aggarwal and Ankit Bhati in 2010. The startup has got the Unicorn startup status in the year 2014. Through Ola people can book cabs, bikes, auto-rickshaws and shuttle bus and bring them at their doorstep to pick up. It is a mobile application through you can book the vehicle for city transportation. The app is accessible on Windows, Android and iOS platforms.
The startup has received the funding of $3.8 billion from SoftBank, Tencent Holdings, Hussam Khoury, DIG Investment, Samih Toukan, Deshe Holdings, Kia Motors, Hyundai motor company and Tekne Capital.
You can contact to Ola through sending mail on email@example.com and you can call on 080-67350900.
Delhivery is one of the successful logistics startups in India that has entered into the unicorn status in 2019. It was launched in 2011 by Bhavesh Manglani, Mohit Tandon, Kapil Bharati, Sahil Barua and Suraj Saharan. The head office of Delhivery is located at Delhi NCR. The company provides several services like transportation, Warehousing, freight and order fulfilment services.
The startup has received the total funding of $959.6 million from Steadview Capital, Canada Pension plan contributors and beneficiaries, Softbank, The Carlyle Group, Fosun International and Tiger Global management.
You can contact to Delhivery through sending mail on firstname.lastname@example.org and you can call on +91 (124) 6719500.
Policy Bazaar is one of the successful fintech startups in India that has received the status of Unicorn in 2018. The company was developed by Alok Bansal, Avanessh Nirjar, Manoj Sharma, Tarun Mathur and Yashish Dahiya in 2008. The head office of the company is located in Delhi NCR. Through Policybazaar users can compare the life insurance and general insurance online.
The startup has raised funding of $626.6 million from Wellington Management, Inventus capital partners, Softbank vision fund, Tencent Holdings, Temasek Holdings, Tiger Globe management and PremjiInvest.
You can contact to Policy bazaar through sending mail on email@example.com and you can call on 1800-208-8787.
Paytm is a startup in India that has received unicorn status in the year 2015. The startup is founded by Vijay Shekhar Sharma in 2010. The head office of the company is located in Delhi NCR. It provides an online platform to make payments. It allows all the payment methods like cards, bank accounts and digital credit among others.
The startup has raised funding of $2.5 billion from investors like Softbank, SAIF Partners, Alibaba Berkshire Hathaway, Intel capital and SAP ventures.
You can contact to Paytm through sending mail on firstname.lastname@example.org and you can call on 0120-4456-456.
PhonePe is one of the leading fintech startups in India that has got the unicorn status in 2018. The startup was developed by Rahul Chari and Sameer Nigam in 2015. The head office of the company is located in Bangalore. It is a mobile payment application through users can transfer money easily and quickly.
The startup has raised the funding of $1.4 billion from Flipkart and Walmart.
You can contact to PhonePe through sending mail on email@example.com and you can call on 080-68727374.
Icertis is an enterprise tech startup that has entered into the unicorn status in 2019. The startup was founded by Samir Bodas and Monish Darda in 2009. The head office of the company is in Pune. The platform is created to solve contract management problems.
The startup has raised funding of $211 from Greycroft, B Capital Group, Ignition Partners, Eight Roads, cross creek, Meritech Capital Partners, e. ventures, PSP growth and PremjiInvest.
You can contact to Icertis through sending mail on firstname.lastname@example.org and you can also call on (425)869-7649.
Freshworks is one of the successful enterprise tech startups in India that has entered into the startups of the unicorn in 2018. The startup was founded by Girish Mathrubootham and Shan Krishnasamy in 2010. The head office of the company is located in Chennai. It offers businesses with SaaS customer engagement solutions.
The startup has raised the funding of $484 million from Accel, Tiger global management, Sequoia capital India, Steadvies capital, and Capital G.
You can contact to Freshworks through sending mail on email@example.com and you can call on +1 (855) 747 6767.
Shopclues is an eCommerce startup in India that was founded by Radhika Aggarwal, Sandeep Aggarwal and Sanjay Sethi in 2011. The startup has got the unicorn status in 2016. The head office of the company is located in Delhi NCR. Through this online shopping platform, you can purchase anything.
The startup has raised the funding of $257 million from Helion Venture Partners, Nexus Venture Partners, CluesNetwork, Unilazer Ventures, GIC, Matrix partners India, InnoVen Capital and Tiger global management.
You can contact to Shopclues through sending mail on firstname.lastname@example.org.
Snapdeal is an eCommerce startup in India that has entered into the unicorn status in 2014. The startup was founded by Kunal Bahl and Rohit Bansal in 2010. The head office is located in Delhi NCR. The startup offers great ranges of products across 600+ categories from 500,000+ seller base.
The startup has raised the funding of $1.8 billion from Softbank, kalaari capital, Foxconn tech, Alibaba, RuNet holdings and Blackrock.
You can contact to Snapdeal through sending mail on email@example.com and you can call on +91 92126 92126.
Flipkart is one of the popular eCommerce startups in India that has received the unicorn tag in 2012. The startup was founded by Sachin Bansal and Binny Bansal in 2007. The headquarter of the company is located in Bangalore. It is an e-commerce platform that provides great ranges of over 30 million products across 70+ categories. You can purchase anything from Flipkart like home & kitchen appliances, beauty products, apparels, accessories, music, games, books, mobile and mobile accessories, computer, laptop, electronic items, etc.
The startup has raised the funding of $9 billion from Tiger global management, Naspers, Accel Partners, DST Global, Steadview Capital, eBay, Softbank, Microsoft and Tencent.
You can contact to Flipkart through sending mail on firstname.lastname@example.org and you can call on 800 208 9898.
Swiggy is founded by Nandan Reddy, Rahul Jaimini and Sriharsha Majety in 2014. The startup has received the unicorn status in 2018. The main office of Swiggy is located in Bangalore. It is a food delivery startup in India through you can order food and they will deliver it to your door quickly.
The startup has raised funding of $1.6 billion from DST global, Bessemer venture partners, Norwest venture partners, accel, SAIF Partners and Naspers.
You can contact to Swiggy through sending mail on email@example.com.
Big basket is a startup in India developed by Abhinay Choudhari, Hari Menon, Vipul Parekh and VS Sudhakar in 2011. The central office is located in Bangalore. It has got the unicorn status in 2019. It is an online grocery store in India through users can order grocery from a wide range of brands.
The startup has raised the funding of $1.02 from Alibaba Group, Paytm Mall, Helion venture partners.
You can contact Big basket through calling on 1860-123-1000.
Zomato is a food delivery startup in India founded by Deepinder Goyal and Pankaj Chaddah in 2008. The head office of the company is located in Delhi NCR. It has got the unicorn status in 2015. It is an online platform through people to order food by offering them the online restaurant guide.
The startup has received the funding of $1.9 billion from Sequoia capital, Temasek holdings, Infoedge, Vy Capital, Luxor Capital Group, Mirae asset venture investment, Baillie Gifford, Steadview capital and ant financial.
You can contact to Zomato through sending mail on firstname.lastname@example.org and you can call on +91 011 30806376.
Postman is a collaboration platform for API development. The startup was launched in 2014 by Abhijit Kane, Abhinav Asthana and Ankit Sobti. The main office of the company is located in Bangalore. It is India’s fastest SaaS startup that has reached to the unicorn tag. It has 10 million developers and 500,000 companies across the world.
In June 2020 the startup has completed its Series C funding round of $150 million valued at $2 billion and received funding from Insight partners, Nexus venture partners and CRV.
You can contact to Postman through sending mail on email@example.com and you can call on 415 796 6470.
Unacademy is one of the best online forums for students who are preparing for competitive examination. It provides lectures on videos and content for all type of exams for free. The startup was developed by Gaurav Munjal, Hemesh Singh, Roman Saini and Sachin Gupta in 2015. The office of the company is based in Bangalore. Initially, Unacademy was started in 2010 as a Youtube channel to provide lectures. Currently, Unacademy has a network of more than 18,000 teachers and 350,000 subscribers.
The startup has received funding of $398.5 million from Tiger global management, general Atlantic, Steadview Capital, Dragoneer investment group, Nexus Ventures partners, Sequoia capital, etc. In Sep 2020, the startup has got the tag of Unicorn startup.
You can contact to Unacademy through sending mail on firstname.lastname@example.org.
DailyHunt is a startup that is responsible for developing mobile application software that provides its uses the updates on trending topics. The startup was founded by Umesh Kulkarni and Virendra Gupta in 2007. The head office of the company is in Bangalore. It provides online books, news and magazines. It offers its content in almost 14 languages. Currently, about 300 million people are using the Daily Hunt app.
Till now the startup has raised the total funding of $100 million from its investors including AlphaWave, Google and Microsft, Lupa Systems, Sofina Group. When it has completed the funding of $100 million in Dec 2020 the startup has got the unicorn status.
You can contact to DailyHunt through sending mail on email address email@example.com and you can call on +91 8041233611.
Above mentioned are some of the best startups from different industries and sectors that have successfully created their place in the Unicorn club by reaching to more than $1 billion. I hope that this article would like this and it would also be informative for you.