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Friday, July 19, 2024

Top 10 Indian Unicorn Start-ups in India

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Each start-up that has made it to the valuation of $1 Billion is known as a Unicorn Start-up. And India is home to the world’s 3rd largest pool of Unicorn start-up ventures and has one of the most thriving and fastest-growing ecosystems. In 2021 alone, there were 33 Indian start-ups who were identified as Unicorn start-ups and has now ahead of the United Kingdom which had a total of 15 start-ups during the same period.

Top 10 Indian Unicorn Start-ups in India

Here are the top 10 Indian Unicorn Start-Ups in India that have become multi-billion dollar players.

  1. Flipkart

As one of the biggest E-Commerce platforms in India, they boast a staggering 150 million products on their application. Founded in the year 2007 by Binny Bansal & Sachin Bansal is headquartered in Bengaluru, Karnataka, and is valued at over $37.6 Billion.

  1. BYJU’S

At a market capitalization of over $16.5 Billion, BYJU’s is the biggest Edtech Company in India. Starting in 2011 it provides online coaching services BYJU’S was founded by Byju Raveendra and Divya Gokulnath in Bangalore.

  1. Paytm

Based out of Noida, Uttar Pradesh Paytm was founded by Vijay Shekhar Sharma and is now valued at over $ 16 Billion. According to the market stats Paytm accounts for nearly 12% of all digital transactions in India as of 2021.

  1. Zomato

As a food delivery service, Zomato has made an unrivaled name for itself in the Indian market. Under Pankaj Chaddha and Deepinder Goyal Zomato came into existence in 2008. It current valuation is over $ 8 Billion.

  1. Ola

Ever since its inception in 2010, Ola Cabs have been the preferred ride-sharing service in India with services in more than 250 cities.  With a market cap of over $ 6.5 Billion was founded was by Bhavish Aggarwal & Ankit Bhati and is based in Bangalore.

  1. Sharechat

In 2015 this Bangalore-based company came into being and currently hosts over 50 million content creators. Valued at $ 3 Billion ShareChat was founded by Ankush Sachdeva, Bhanu Pratap Singh, and Faris Ahsan as social networking and content sharing service.

  1. BharatPe

At a market value of over $ 2.85 billion, BharatPe is the fastest-growing fintech platform in India. Founded by Shashvat Nakrani, Ashneer Grover, and Bhavik Koladiya and operating from New Delhi, the company’s value has tripled in 2021 making it a part of the Unicorn ecosystem.

  1. Policybazaar

Founded in the year 2008 by Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar Policybazaar is the most renowned and reliable company that deals in life & insurance, and also a motor, travel, insurance company. Policybazaar is currently valued at $ 2.4 Billion.

  1. Nykaa

A cosmetic e-commerce platform and company, Nykaa was founded by Falguni Nayar in the year 2012. Its valuation of over $ 2.3 billion makes it one of the popular brands in India. Headquartered in Mumbai, Maharashtra offers a wide variety of cosmetics, skincare ranges via its mobile application and website.

  1. Droom

With a market valuation of over $ 1.2 Billion Droom facilitates a virtual platform for selling used automobiles and other related products. It has integrated most modern data science technology for a seamless experience. It was founded in the year 2014 by Sandeep Aggarwal and is based out of Haryana.

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