10 Top Unicorn Startups of India: In today’s time, a different wave of business and startups is going on in our country, most of the people want to start their own new startup and business.
One of the biggest reasons for this is that it has become very easy to start Startups in India today, along with this most of the Startups investors are also investing their right money in the business of our country. This is the reason that today more than 100 Unicorn Startups have been formed in India.
There are many people who want to get information about the 10 Top Unicorn Startups of India, that is why in today’s article we will tell you about the Top 10 Unicorn Startups of India, which are the 10 biggest Unicorn Startups of India, so let’s start.
What is Unicorn Startup?
Before moving forward, let us tell you that a Unicorn Startup is a company whose valuation is more than 1 billion dollars, today more than 100 Unicorn Startups have been formed in India.
Also, our country India is the third country in the world in which the maximum number of Unicorn Startups have been formed, at present only China and America are ahead of us. But it is being estimated that in the coming years, our country will become the second largest Unicorn Startup Hub in the world.
10 Top Unicorn Startups of India
Below we have given information about the 10 biggest Unicorn Startups of India.
Inmobi
Inmobi company was started in India in the year 2007, it is a Bangalore based mobile advertising company which helps different mobile companies in their advertising. The founder and CEO of Inmobi company is Naveen Tiwari, along with this, let us tell you that Inmobi company became India’s first Unicorn company.
Apart from this, Inmobi company also started its own subsidiary company named Glance in the year 2019, which became a Unicorn company in the year 2020 itself.
Flipkart
You must know about Flipkart company that it is one of the largest online shopping platforms in India, where you can shop almost everything online. It was started in the year 2007 in Bangalore by Binny Bansal and Sachin Bansal.
According to reports, the valuation of Flipkart company in the year 2023 is more than $ 37 billion, due to which it is one of the largest Unicorn companies in India. Apart from this, let us also tell you that in the year 2018, Flipkart was acquired by Walmart company for $ 16 billion.
Dream11
If you know about Fantasy Cricket, then you must have heard about Dream 11 at some time. This company is India’s largest sports fantasy company which was started in the year 2008 by Bhvait Sheth and Harsh Jain.
Let us tell you that crores of users are associated with Dream 11, who use Dream 11 to play Fantasy Sports. According to reports, the valuation of this company in the year 2021 was $ 8 billion, due to which it is also a part of India’s largest Unicorn Startups.
Ola
You must have used Ola at some point to book taxi and ride online, it is one of the most online taxi ride booking companies in India. Which is used by millions of people every day, Ola was started in the year 2010 by Bhavish Aggarwal and Ankit Bhati.
Along with this, Ola company has also spread its operations abroad, due to which many people outside India use Ola company. According to reports, by the year 2020, the valuation of this company was more than 6 billion dollars, and due to this reason this company is also one of the biggest Unicorn companies.
OYO Rooms
OYO Rooms company is most used for online hotel room booking in India, it was started by Ritesh Agarwal in the year 2013. Also, let us tell you that when Ritesh started it, he was only 21 years old at that time.
Today OYO is India’s largest online hotel room booking company, as well as OYO has also invested its money in many properties across the country. Due to which their business is growing further, according to reports, in the year 2021, the valuation of this company was $ 9 billion.
Apart from these Indian Startups, Swiggy, PhonePe, Zomato, Freshworks and Nykaa companies are also included in the list of 10 Top Unicorn Startups of India.
| 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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