India has been growing tremendously when it comes to startups. It is exhilarating to see a lot of people taking the leap of faith. This has made our life easier, with so many inventions around and made people driven to pursue what they believe in.

While some startups are bootstrapped, others are one-person businesses, we have a lot of VC-funded startups which are converting into big brands and companies. There are a whopping 108 startups which have gained the status of unicorns in India.

Let us see who made it to the list of Unicorn startups in India until now.

1. MakeMyTrip

MMT became the first ever Unicorn in India in 2010. It is an online travel website which started with taking care of the travel from the US to India, but now has expanded in 14 countries.

It has strategically grown from just the US to India travel planning to catering more than 10 countries and now goes on to expand into the B2B segment.

Here are some crucial details about MakeMyTrip :

• Founding Year - 2000
• Unicorn Status gained - 2010
• Headquarters - Gurugram
• Industry - Online travel
• Founder - Deep Kalra
• Funding Amount - $748 M (In 6 rounds)
• Investors - Sierra Ventures, Helion Venture Partners and 4 others - rounding up to 6 total investors.

2. Inmobi

The second Unicorn in India was Inmobi, which gained its status in 2011. Inmobi is now a MNC, which helps mobile-first platforms with marketing, branding, and other effective strategies to grow the platform.  

It was first started in Mumbai as mKhoj but later it shifted to Bangalore, where there were ample opportunities and talented crew of software developers, as per Naveen.

Here are some crucial details about Inmobi -

• Founding Year - 2007
• Unicorn Status gained - 2011
• Headquarters - Bangalore
• Industry - AdTech
• Founder - Naveen Tiwari
• Funding Amount - $ 320M (Till the Venture Round)
• Investors - Lightbox and Tennenbaum Capital Partners, with 5 others.

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3. Flipkart

Flipkart is an e-commerce website, as famously known it was started with an agenda to sell books online and grew from there. It has now become one of the most common household names whenever anything is needed from a pen to an electronic device.

Flipkart has also had its share of ebbs while and after gaining the status as a Unicorn.

Here are some details about Flipkart -

• Founding Year -  2007
• Unicorn Status Gained - 2012
• Headquarters -  Bangalore
• Industry - E-commerce
• Founder - Binny and Sachin Bansal
• Funding Amount - $3.6 B
• Investors - Tencent and SoftBank Vision and 28 more.

4. Mu Sigma

Mu Sigma is a SaaS analytics company. It offers decisions sciences based on the data to companies. Its name is literally derived from mathematical symbols which mean ‘mean’ and ‘standard deviation’.

Here are some details about Flipkart -

• Founding Year - 2004
• Unicorn Status Gained - 2013
• Headquarters - Chicago, Illinois
• Industry - Management Consulting
• Founder - Dhiraj Rajaram
• Funding Amount - $ 211.4 M
• Investors - Sequoia Capital India, MasterCard and 2 others.

5. PayTM

PayTM became more than just an app, it has now become a way of life. ‘PayTM karo’ has stuck around since demonetization and its virality led on to become one of the most seen accessories from an individual to a small vegetable owner to the bigger brands like H&M and Starbucks.

Here are some other details about PayTm  -

• Founding Year - 2010
• Unicorn Status Gained - 2015
• Headquarters - Noida, UP
• Industry - FinTech
• Founder - Vijay Shekhar Sharma and Akshay Khanna
• Funding Amount - $4.6 B
• Investors - Warren Buffet, Alibaba and 6 more.

6. Zomato

It is an application which brings together various restaurants into a single application to order from. Zomato has stolen our hearts with all those quirky notifications and why not, it has always been on point. With its best in class tech. experience and customer loyalty, it is still going strong.

Here are some other details about Zomato  -

• Founding Year - 2008
• Unicorn Status Gained - 2015
• Headquarters - Gurugram, Haryana
• Industry - FoodTech
• Founder - Deepinder Goyal
• Funding Amount - $2.6 B
• Investors - Camas, ICICI Prudential, and 11 more investors.

7. OLA

Ola is an application which brings cabs/autos or bikes to your doorstep whenever needed. It has been around since 2010. It has now started operating in other business verticals such as financial services and cloud kitchens.

Here are some other details about OLA  -

• Founding Year - 2010
• Unicorn Status Gained - 2015
• Headquarters - Bangalore, Karnataka
• Industry - Transportation
• Founder - Bhavish Agarwal and Ankit Bhatil
• Funding Amount - $5 B
• Investors - Camas, ICICI Prudential, and 11 more investors.

8. ReNew Power

Being the largest company for renewable resources, it supports 110 operations in 18 states. In 2016, ReNew became the first renewable energy IPP to raise rupee-denominated masala bonds and the same year became the first Indian renewable energy company to achieve 1 GW capacity.

Here are some other details about ReNew Power  -

• Founding Year - 2011
• Unicorn Status Gained - 2017
• Headquarters - Gurugram, Haryana
• Industry - Renewable Energy
• Founder - Sumant Sinha
• Funding Amount - $4.2 B
• Investors - RaboBank, Goldman Sachs and 8 more.

9. BillDesk

It is an online payment gateway which is based in Mumbai. Billdesk is one of the few profitable fintech companies in India.

As of 2015, the company is worth USD 1 billion. Sanjeev Krishan, leader (transaction services and private equity) at PwC India estimated that in the year 2015, 70% of India's online billing transactions were conducted through BillDesk.

Here are some other details about Billdesk  -

• Founding Year - 2000
• Unicorn Status Gained - 2018
• Headquarters - Mumbai, Maharashtra
• Industry - FinTech
• Founder - M.N. Srinivasu, Karthik Ganapathy, Ajay Kaushal
• Funding Amount - $241 M
• Investors - Visa, TA Associates and 5 more.

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10. Policybazaar

It is an Indian insurance policy aggregator. The company is India's largest insurance aggregator, and has expanded its operations to the United Arab Emirates.

In June 2021, Policybazaar obtained the insurance broking license from IRADA and announced that it would set up 100 offline outlets across India. The company also surrendered its web aggregator license

Here are some other details about Policybazaar  -

• Founding Year - 2008
• Unicorn Status Gained - 2018
• Headquarters - Gurugram, Haryana
• Industry - FinTech
• Founder - Yashish Dahiya, Alok Bansal and Avaneesh Nirjar.
• Funding Amount - $ 800M
• Investors - Alpha Wave, Bay Capital and 21 more.

11. BYJU'S

Byju’s is an edtech company. It has expanded from teaching mid-school classes to competitive exams like JEE/NEET.

It is known to give highly adaptive, educational and engaging learning techniques to 150+ Million students. It took the EdTech Industry by a wave and is growing into an MNC with supporters like Ronaldo and SRK.

Here are some other details about Byjus

• Founding Year - 2011
• Unicorn Status Gained - 2018
• Headquarters - Bangalore, Karnataka
• Industry - EdTech
• Founder - Byju Raveendran, Divya Gokulnath
• Funding Amount - $5.8 B
• Investors - Chan-Zukerberg Initiative, Sequoia Capital India and 18 others.

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12. Swiggy

Swiggy is a FoodTech company. It has expanded vastly with Instamart and Minis as well. Swiggy continues to awe its users with its user experience. It has given great competition to Zomato since it was founded.

• Founding Year - 2014
• Unicorn Status Gained - 2018
• Headquarters - Bangalore, Karnataka
• Industry - FoodTech
• Founder - Sriharsha Majety and Nandan Reddy
• Funding Amount - $3.5 B
• Investors - Axis Growth Avenues AIF - I and ARK Impact and 39 others

13. Paytm Mall

Paytm Mall is an online shopping experience, which was initiated by Paytm. It is easy, effective and trouble-free for the users. The Paytm Mall business model is based on vendors, sellers and merchants. It earns by charging commission on the products sold.

• Founding Year - 2017
• Unicorn Status Gained - 2018
• Headquarters - Bangalore, Karnataka
• Industry - E-commerce Industry
• Founder -Vijay Shekhar Sharma
• Funding Amount - $795 M
• Investors - Ebay, Softbank and 104 others

14. OYO Rooms

OYO Rooms is a hospitality startup which became a unicorn. Oyo also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes and living spaces.

• Founding Year - 2013
• Unicorn Status Gained - 2018
• Headquarters - Gurugram, Haryana
• Industry - Hospitality
• Founder - Ritesh Agarwal
• Funding Amount - $ 4B
• Investors - Hindustan Media Venture, SoftBank and 28 more investors.

15. Udaan

Udaan is a B2B company. It operates in the categories that include lifestyle, electronics, FMCG, pharma, home and kitchen, staples, fruits and vegetables, toys, and general merchandise, according to the company.

• Founding Year - 2016
• Unicorn Status Gained - 2018
• Headquarters - Bangalore, Karnataka
• Industry - E-commerce
• Founder - Amod Malviya, Vaibhav Gupta, Sujeet Kumar
• Funding Amount - $1.5 B
• Investors - EvolutionX and 22 more investors

16. Freshworks

Freshworks is a cloud-based software services for businesses. It was founded by the former Zoho Execs. It gives marketing, sales, and IT solutions across the world. Bridgestone, Synergy and some of the clients.

• Founding Year - 2010
• Unicorn Status Gained - 2018
• Headquarters - California, United State
• Industry -Saas CRM
• Founder - Girish Mathrubootham and Shan Krishnasamy
• Funding Amount - $1 B
• Investors - Steadview Capital, Accel and 4 others

17. CitiusTech

CitiusTech is a consulting and digital technology for healthcare  and lifesciences. It was acquired by Baring Private Equity Asia in 2019 for $1 B.

• Founding Year - 2005
• Unicorn Status Gained - 2019
• Headquarters - Mumbai, Maharashtra
• Industry - HealthTech
• Founder - Bhaskar Sambasivan
• Funding Amount - $112 M
• Investors -Bain Capital Private Equity and General Atlantic

18. Dream11

Dream11 is an Indian fantasy gaming platform. It ranges from sports such as football to kabaddi. It became the first fantasy gaming platform to become a unicorn. Now, it has M.S Dhoni as its own ambassador which has pushed its value in the fantasy sport world.

• Founding Year - 2008
• Unicorn Status Gained - 2019
• Headquarters - Mumbai, Maharashtra
• Industry - Gaming
• Founder - Bhavith Sheth and Harshit Jain
• Funding Amount - $1.2 B
• Investors - Tencent and 20 others

19. Lenskart

Lenskart is an eyewear selling online shopping. It has come up with an AR way of trying the spectacles and ordering them online. Lenskart offers a wide variety of eye wear from regular spectacles to sunglasses etc.

• Founding Year - 2008
• Unicorn Status Gained - 2019
• Headquarters - New Delhi
• Industry - Eyewear E-com
• Founder - Peyush Bansal
• Funding Amount - $979 M
• Investors - Chiratae and DSM Mutual funds and 22 others

20. Rivigo

Rivigo attempts to automate the complex industry of Supply Chain and is trying to create a seamless experience. It was the first logistics company to gain unicorn status.

• Founding Year - 2014
• Unicorn Status Gained - 2019
• Unicorn Status Lost - 2022 (now acquired by Mahindra Logistics)
• Headquarters - Gurugram, Haryana
• Industry - Logistics
• Founder - Deepak Garg
• Funding Amount - $ 267.2 M
• Investors - Elevation Capital, Spring Canter Capital and 6 others.

21. BigBasket

BigBasket is a company which provides groceries and packed food at your doorstep. They have gained a unicorn status in the market and have provided fresh vegetables and fruits throughout.

• Founding Year - 2011
• Unicorn Status Gained - 2019
• Headquarters - Gurugram, Haryana
• Industry - Food Tech
• Founder - Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Ramesh, VS Sudhakar
• Funding Amount - $ 1.5B
• Investors - Tata Digital, Mirae asset and others

22. Druva

Druva Inc. is a privately-held software company based in Santa Clara, California. The company provides SaaS-based data protection and management products. The company was founded in 2008, raised several rounds of funding, and grew to more than 800 employees.

• Founding Year - 2008
• Unicorn Status Gained - 2019
• Headquarters - Gurugram, Haryana
• Industry - Saas- Data Management
• Founder - Jaspreet Singh, Milind Borate, and Ramani Kothandaraman
• Funding Amount - $ 475M
• Investors - Viking Global and 16 others

23. Ola Electric

Ola Electric is an automotive company which has revolutionized the way we look at vehicles. Bringing in the EV form into the vehicles it has been gaining popularity. The latest one is the OLA S1 Air.

• Founding Year - 2017
• Unicorn Status Gained - 2019
• Headquarters - Bangalore, Karnataka
• Industry - Automotive
• Founder - Bhavish Aggarwal
• Funding Amount - $ 861M
• Investors - Farhan Akhtar, Ritesh Agarwal and 18 others

24. Icertis

Icertis is a privately owned software company that provides contract management software to enterprise businesses using a software-as-a-service model.

• Founding Year - 2009
• Unicorn Status Gained - 2019
• Headquarters - Bellevue, Washington
• Industry - Saas- Contract Management
• Founder - Rajat Bahri
• Funding Amount - $ 521M
• Investors - Silicon Valley Bank and 12 others

25. Delhivery

Delhivery is a courier service, which made its way from being a conventional way of courier to its application, changing the way logistics work.

• Founding Year - 2011
• Unicorn Status Gained - 2019
• Headquarters - India
• Industry - Logistics
• Founder - Sahil Barua, Suraj Saharan, Kapil Bharati, Mohit Tandon, Bhavesh Manglani
• Funding Amount - $1.4B
• Investors - Government Pension Fund and others

26. Postman

Postman is an API platform where developers can build, test, iterate their applications. Almost any functionality needed by a developer has been encapsulated in this tool. By April 2022, it had become an API hub and developers have been drooling over it.

• Founding Year - 2014
• Unicorn Status Gained - 2020
• Headquarters - San Francisco, India
• Industry - Saas- API Development and Testing
• Founder - Abhinav Asthana
• Funding Amount - $ 433M
• Investors - Junipero Ventures and 8 others

27. Zenoti

Zenoti is a web-based software used by more than 10,000 spas, salons and medical spas worldwide from single location spas to large multicenter chains of over 200 locations.

A beautiful, all-in-one solution that's easy to use and drives real business results like increased customer loyalty, higher revenue, and more time to focus on your customers. Zenoti is everything you need to streamline and grow your business.

• Founding Year - 2010
• Unicorn Status Gained - 2020
• Headquarters - Bellevue, Washington
• Industry - Saas- Spa and Salon Services
• Founder - Sudheer Koneru
• Funding Amount - $ 331M
• Investors - Steadview Capital and 5 others

28. VerSe Innovation

VerSe Innovation allows people to create content for 350+ million in their own language. It is commonly known as the ‘Daily Hunt’. It also enables India’s no. 1 video creation application ‘Josh’.

• Founding Year - 2007
• Unicorn Status Gained - 2020
• Headquarters - Bangalore, Karnataka
• Industry - Content Technology
• Founder - Virendra Gupta
• Funding Amount - $1.7 B
• Investors - Google and 29 others

29. Highradius

HighRadius is a fintech company. It uses AI to help other companies automate accounts and treasury processes.It helps optimize accounts receivable with intuitive models that unify business operations and streamline processes.

• Founding Year - 2006
• Unicorn Status Gained - 2020
• Headquarters - Bangalore, Karnataka
• Industry - Fintech
• Founder - Sashi Narahari
• Funding Amount - $ 475M
• Investors - Citi Ventures and 10 others

30. Pine Labs

It has been redefining payments today. It accepts all sorts of payments to provide convenience for your buyer and increase the sales. A single platform that accepts all kinds of payment methods, from debit & credit cards, BNPL, to eWallets - bringing affordability to your customers and in turn, driving sales for you.

• Founding Year - 2006
• Unicorn Status Gained - 2020
• Headquarters - Noida, UP
• Industry - Fintech
• Founder - Amrish Rau
• Funding Amount - $ 1.2B
• Investors - Alpha Wave Global and 29 others

31. Nykaa

Nykaa is a E-commerce company which has expanded its products from cosmetics, to apparels and more. Nykaa has collaborated with high end brands and influencers which is now making a mark in the industry as a whole.

• Founding Year - 2012
• Unicorn Status Gained - 2020
• Headquarters - Mumbai, Maharashtra
• Industry - E-commerce
• Founder - Falguni Pathak
• Funding Amount - $ 215M
• Investors - Morgan Stanley Asia and Aditya Birla Sunlife Mutual Fund are the most recent investors

32. FirstCry

The company had over 380 stores across India. FirstCrys opened its first outlet in Srinagar in May 2019. Offering an array of products across comprehensive categories catering to the needs of newborns, babies & kids.

This business has grown multifold in the last 4 to 5 years. We currently have 2 branches in Cochin and Trivandrum respectively and process close to 1000 B2C Orders a day.

• Founding Year - 2010
• Unicorn Status Gained - 2020
• Headquarters - Pune, Maharashtra
• Industry - E-commerce
• Founder - Supam Maheshwari, Amitava Saha, Sanket Hattimattur, Prashant Jadhav
• Funding Amount - $ 741M
• Investors - Chrys Capital and 16 others

33. PhonePe

PhonePe is a Fintech company. It has been famously used by Blue collar people and gained its trust through better user experience and in-app process for transferring money.

• Founding Year - 2015
• Unicorn Status Gained - 2020
• Headquarters - maharashtra
• Industry - Fintech payments
• Founder - Sameer Nigam, Rahul Chari, Burzin Engineer
• Funding Amount - $ 1.7B
• Investors - Flipkart and 3 others

34. Zerodha

Zerodha is used for trading. It is the largest stock broker in India. It is commonly used among  youngsters - trading and mutual fund investing.

Nithin bootstrapped and founded Zerodha in 2010 to overcome the hurdles he faced during his decade-long stint as a trader. Today, Zerodha has changed the landscape of the Indian broking industry.

• Founding Year - 2010
• Unicorn Status Gained - 2020
• Headquarters - Bengaluru, Karnataka
• Industry - Trading
• Founder - Nitin Kamath
• Funding Amount - Bootstrapped
• Investors - Nitin Kamath and Kamath Family

35. RazorPay

Razorpay is the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite. This makes Razorpay the most valued privately-held fintech company in India, and the second most valued Indian fintech after One97 Communications Ltd owned by Paytm.

• Founding Year - 2014
• Unicorn Status Gained - 2020
• Headquarters - Bengaluru, Karnataka
• Industry - Fintech
• Founder -  Harshil Mathur & Shashank Kumar
• Funding Amount - $ 816.4 M
• Investors - Axevil Capital, Salesforce Ventures and 35 others

36. Glance, Inmobi

Glance is an AI-first Screen Zero content discovery platform. It is an Indian artificial intelligence based software company that delivers personalized content to the lock screens of smartphones.

The startup's business model comprises three broad areas, including mobile advertising, creator- or influencer-driven commerce, and digital commerce.

• Founding Year - 2019
• Unicorn Status Gained - 2020
• Headquarters - Bengaluru, Karnataka
• Industry - Mobile technology
• Founder -  Naveen Tiwari
• Funding Amount - $ 145M
• Investors - Google and others

37. Cars24

Cars24 allows car owners to sell their cars. On the other hand, interested buyers can buy a second hand car. The whole organization is based on this concept and has become a giant when it comes to trading of cars.

• Founding Year - 2015
• Unicorn Status Gained - 2020
• Headquarters - Gurugram, Haryana
• Industry - E-commerce
• Founder -  Vikram Chopra, Mehul Agrawal, Gajendra Jangid and Ruchit Agarwal
• Funding Amount - $ 145M
• Investors - Google and others

38. Unacademy

Unacademy is a platform which wants to provide hassle free education to the people. It provides education to all the people from someone cracking competitive exams to other people who want to work on their passion and start something for themselves.

• Founding Year - 2015
• Unicorn Status Gained - 2020
• Headquarters - Bengaluru, Karnataka
• Industry - E-commerce
• Founder -  Roman Saini
• Funding Amount - $ 838M
• Investors - General Atlantic and 42 others

39. Dailyhunt

Dailyhunt is an Indian content and news aggregator application based in Bangalore, India that provides local language content in 14 Indian languages from multiple content providers. It makes money on a completely ad based system.

• Founding Year - 2007
• Unicorn Status Gained - 2020
• Headquarters - Bengaluru, Karnataka
• Industry - Social News
• Founder -  Virendera Gupta and Shailendra Sharma
• Funding Amount - $ 240M
• Investors - Google, Microsoft and others

40. GlobalBees

GlobalBees, which raised one of the largest Series A financing rounds in India earlier this year, has entered the unicorn club as the New Delhi-headquartered firm scales its Thrasio-like house of brands. GlobalBees help firms scale and sell into marketplaces.

• Founding Year - 2021
• Unicorn Status Gained - 2021
• Headquarters - Bengaluru, Karnataka
• Industry - E-commerce Retail
• Founder -  Nitin Agarwal and Supam Maheshwari
• Funding Amount - $ 186M
• Investors - Firstcry and 6 others

41. Mensa

Mensa is a financial service which helps companies build its name into a brand in this digital era. They want to leverage the digital world for a better brand building process. They aim to spike the user’s growth.

• Founding Year - 2021
• Unicorn Status Gained - 2021
• Headquarters - Bengaluru, Karnataka
• Industry - Financial services
• Founder -  Ananth Narayan
• Funding Amount - $ 218M
• Investors - Tiger Global and others

42. Rebel Foods

Rebel foods is an Indian Cloud Kitchen chain which takes care of outlets like Faasos and Oven Story. It has grown to be the biggest cloud kitchen chain with 450+ cloud kitchens in 10 countries.

It was initiated because of the craving of the Bengali food of one of the founders, while in Pune. It then turned into a Unicorn Startup.

• Founding Year - 2011
• Unicorn Status Gained - 2021
• Headquarters - Mumbai, Maharashtra
• Industry - Food Tech.
• Founder -  Jaydeep Barman and Kallol Banerjee
• Funding Amount - $ 548M
• Investors - Trifecta Capital and 23 others

43. MindTickle

MindTickle is a sales readiness software. It helps with onboarding, user guidance. It could also help the sales team to better equip the audience with coaching and product training. It also helps with acquisition strategies to win deal faster.

• Founding Year - 2011
• Unicorn Status Gained - 2021
• Headquarters - Pune, Maharashtra
• Industry - SaaS enterprise
• Founder -  Deepak Diwakar
• Funding Amount - $ 281M
• Investors - Canaan Partners and 7 others

44. Polygon

Polygon is an investment firm for blockchain. It plans to make a multi-layered blockchain ecosystem compatible with Ethereum.

MATIC tokens are used to govern and secure the Polygon network and pay transaction fees and investors can buy MATIC tokens on exchanges such as Coinbase or Kraken.

• Founding Year - 2017
• Unicorn Status Gained - 2021
• Headquarters - Bengaluru
• Industry - Blockchain
• Founder -  Sandeep Naiwal
• Funding Amount - $ 505M

45. Mohalla Tech (Moj)

Moj is an Indian video-sharing social networking service owned by Bangalore-based Mohalla Tech Pvt Ltd. It features special effects, emoticons, stickers and short videos that have a duration of 15 seconds to one minute under genres like dance, travel, singing, acting, comedy, and education.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Bengaluru
• Industry - Software
• Founder -  Ankush Sachdeva, Farid Ahsan, Bhanu Singh
• Funding Amount - $ 1.7B

46. BrowserStack

It is for making the app and browser testing become easy. It follows some simple steps in teaching the user to know better.

BrowserStack provides developers instant access to a cloud platform that allows them to comprehensively test their websites and mobile applications on 2,500+ real devices and browsers, replacing the need for teams to own and manage an in-house test infrastructure.

• Founding Year - 2011
• Unicorn Status Gained - 2021
• Headquarters - Bengaluru, karnataka
• Industry - Cloud Infrastructure and Software
• Founder -  Ritesh Arora
• Funding Amount - $ 250M
• Investors - Accel and 2 others

47. Zeta

It is a banking tech. Company. The company provides credit and debit processing, BNPL, core banking and mobile experiences. The company provides its services to fintechs and banks throughout the world.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Mumbai, Maharashtra
• Industry - Fintech
• Founder -  Bhavin Turakhia and Ramki Gaddipati
• Funding Amount - $ 340M
• Investors - MasterCard and 2 others

48. Chargebee

Chargebee is a SaaS platform that helps with billing subscriptions. Chargebee powers some of the fastest growing SaaS and subscription based companies in India.

Chargebee understands that everything comes down to service and experience and therefore, they founded Chargebee.

• Founding Year - 2011
• Unicorn Status Gained - 2021
• Headquarters - Chennai, Tamil Nadu
• Industry - Financial Services
• Founder -  Krish Subramaniam
• Funding Amount - $ 468M
• Investors - Sequoia and 7 others

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49. Gupshup

Gupshup is an AI powered tool for big and small businesses. It has been helping businesses build conversational messaging experiences for their customers. It helps the marketing, sales and support vertical of a business.

It has helped businesses grow and increase their revenue by increasing their sales and a rise in customer satisfaction.

• Founding Year - 2004
• Unicorn Status Gained - 2021
• Headquarters - San Francisco, California
• Industry - AI Software Services
• Founder - Beerud Sheth
• Funding Amount - $ 484M
• Investors - Tiger Global management and 18 others

50. Groww

Groww allows the users to invest in stocks and mutual funds. It is known for its rapid growth. It is a SEBI registered Stockbroker in the name of NextBillion Technology Private Limited.

• Founding Year - 2017
• Unicorn Status Gained - 2021
• Headquarters - Bengaluru, Karnataka
• Industry - FinTech
• Founder - Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal
• Funding Amount - $ 393M
• Investors - Ribbit Capital, Propel VC and 17 others

51. Innovaccer

Innovaccer is growing in the HealthTech domain with a clear vision of connecting and curating health information which is accessible to all. It is slowly becoming the #1 healthcare data platform. It emphasizes on growing through analytics and care in the complex domain of healthcare.

• Founding Year - 2014
• Unicorn Status Gained - 2021
• Headquarters - Noida, Uttar Pradesh
• Industry - HealthTech
• Founder - Abhinav Shashank, Kanav Hasija, and Sandeep Gupta
• Funding Amount - $ 397M
• Investors - Tiger Capital and 21 others

52. Digit Insurance

It is a general insurance company which provides insurance in all domains. The variety starts from travel and extends to health, home. Etc. The deposits are taken care of by Digit App. What makes digit different is its analytics system. It claims that

• Founding Year - 2016
• Unicorn Status Gained - 2021
• Headquarters - Bengaluru, Karnataka
• Industry -  Insurance
• Founder - Kamesh Goyal
• Funding Amount - $ 585M
• Investors - Sequoia Capital and 16  others

53. MyGlamm

MyGlamm is an e-commerce platform which helps with personal care and cosmetics products. It has its headquarters in Mumbai, and it is made for the women who want to be ‘unapologetically glamorous’. It has even collaborated with Manish Malhotra who has his haute couture line.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Mumbai, Maharashtra
• Industry -  Personal care marketplace
• Founder - Priyanka Gill
• Funding Amount - $ 311M
• Investors - Amazon, Trifecta and 17 others

54. PharmEasy

PharmEasy has made it easy for people to buy medications online. It falls under the category of E-Pharmacy. You will need to have a definitive prescription for placing an order. It has started a subscription based model for reducing delivery charges.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Mumbai, Maharashtra
• Industry - Online Pharmacy
• Founder - Dharmil Sheth and Dhaval Shah
• Funding Amount - $ 1.6B
• Investors - Steadview Capital and 43 others

55. Droom

Droom is an automotive marketplace. Droom is a technology and data science company that facilitates automobile buying and selling online through a combination of our asset-light automobile e-commerce platform along with a technology-driven vertically integrated proprietary ecosystem of products and services for the automobile industry.

• Founding Year - 2014
• Unicorn Status Gained - 2021
• Headquarters - Gurugram, Haryana
• Industry - Marketplace- Automotives
• Founder -  Sandeep Agarwal
• Funding Amount - $ 333M
• Investors - Lightbox and 17 others

56. BlackBuck

Blackbuck has made logistics operations, a highly offline task converted to online. Blackbuck has been successfully matching truckers with shippers. It also takes care of other things such as payments, insurance, and financial services.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, karnataka
• Industry -  Logistics
• Founder - Rajesh Yabaji
• Funding Amount - $ 365M
• Investors - Sands Capital and 16 others

57. CoinDCX

CoinDCX is an application on which you can build your Crypto portfolio. It has proven to be safe and simple. It enables users to invest as low as rs 100 as they understand that the risk appetite of all users might not be the same.

• Founding Year - 2018
• Unicorn Status Gained - 2021
• Headquarters - Mumbai, Maharashtra
• Industry -  Cryptocurrency Exchange
• Founder - Sumit Gupta and Neeraj Khandelval
• Funding Amount - $ 244M
• Investors - Polychain and 28 others

58. CoinSwitch Kuber

It is India’s largest crypto company. CoinSwitch wants to democratize cryptocurrency. It wants to make investing in crypto easy and accessible to everyone.

• Founding Year - 2017
• Unicorn Status Gained - 2021
• Headquarters - Bengaluru, Karnataka
• Industry -  Cryptocurrency Exchange
• Founder - Ashish Singhal
• Funding Amount - $ 300M
• Investors - 16z and 6 others

59. OfBusiness

OfBusiness is a raw material collector and supplier of procurement financing. The firm collaborates with banks to provide loan lines to small and medium-sized businesses with annual sales of more than $3 million. The platform gathers information about user behavior that it uses to insure loans to firms who use the OfBusiness platform to get raw materials and bids.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Gurugram, Haryana
• Industry -  Building Material
• Founder - Asish Mohapatra, Ruchi Kalra, Vasant Sridhar, Bhuvan Gupta, Nitin Jain
• Funding Amount - $ 878M
• Investors - Alpha Wave Global and 16 others

60. Infra.Market

Infra.Market depends on a network of SMEs to fulfill demand for construction materials such as tiles, electricals, sanitaryware, walling solutions and steel. The company has partnered with projects like Chennai Metro, Delhi Metro, Mumbai Metro and NHAI among others.

• Founding Year - 2016
• Unicorn Status Gained - 2021
• Headquarters - Gurugram, Haryana
• Industry -  Building Material
• Founder - Aaditya Sharda, Souvik Sengupta
• Funding Amount - $ 406M
• Investors - Mars growth capital and 26 others

61. Mamaearth

Mamaearth started to create products which were safe to use for the baby and the family. It grew from having a very small following to being a unicorn with its pure and non-toxicated products.

Ghazal, the chief mama has become a well-known face in the industry and a power- woman who helped build this startup from it’s inception.

• Founding Year - 2016
• Unicorn Status Gained - 2021
• Headquarters - Gurugram, Haryana
• Industry -  E-Commerce Personal Marketplace
• Founder - Ghazal and Varun Alagh
• Funding Amount - $ 111M
• Investors - Shlipa Shetty and 10 others

62. CureFit

Cure fit is for an initiative to improve the health of people. CureFit allows its clientele to book a class online or attend a class. It helps a person improve in all aspects of mental well-being, physical well-being, and nutrition.

• Founding Year - 2016
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - Healthcare
• Founder - Mukesh Bansal
• Funding Amount - $ 626M
• Investors - Mukesh Bansal and 37 others

63. CRED

Cred has made a mark with its innovative marketing and application interface, with the user experience. It has grown from being an application which enables the users to take care of bills & other expenses. It gives cashback and other discounts to save people's money.

• Founding Year - 2018
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - Fitness and Health
• Founder - Kunal Shah
• Funding Amount - $ 801M
• Investors - Alpha wave and 33 others

64. Slice

Slice is a fintech startup focused on India’s youngsters. We aim to build a smart, simple, and transparent financial platform to redesign the financial experience for the millennials.

• Founding Year - 2016
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - FinTech
• Founder - Rajan Bajaj
• Funding Amount - $ 258M
• Investors - Moore Strategic Ventures and 28 others.

65. Upstox

Upstox has the mission to take care of people’s wealth which is not invested in any asset. Upstox helps people invest by providing the right financial education to make the right investment decisions at the right time.

• Founding Year - 2010
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - FinTech
• Founder - Kavitha Subramaniam and Ravi Kumar
• Funding Amount - $ 145M
• Investors - Blacksoil and 6 others.

66. Vedantu

Vedantu wants to reimagine the way education works in India. They want to stream it into making a better and structured pathway to it. Teaching and learning are set to transform at a rapid pace and our mission at Vedantu is to accelerate these transformations.

• Founding Year - 2011
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - EdTech
• Founder -  Vamsi Krishna, Pulkit Jain, Anand Prakash, Saurabh Saxena
• Funding Amount - $ 292M
• Investors - GGIV capital and 12 others

67. Prystin Care

Pristyn Care is a Gurugram based health-tech company that deals into minimal invasive medical and surgical interventions. The organization has a network of more than 700 partnered hospitals and 100 clinics.

• Founding Year - 2018
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - Healthcare
• Founder -  Dr. Vaibhav Kapoor, Dr. Garima Sawhney, Harsimarbir Singh
• Funding Amount - $ 117M
• Investors - Kunal Shah and 13 others

68. Blinkit (ex-Grofers)

BlinkIt literally. Zomato acquired instant delivery app, delivers groceries, packed food, or some other instant supplies to your doorstep instantly. It has been admired for its instant delivery which averages around 10 minutes.

BlinkIt runs on a B2C model while it gains its commission from the bulk supplies that are then distributed.

• Founding Year - 2013
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - E-commerce
• Founder - Albinder Dhindsa, Saurabh Kumar
• Funding Amount - $ 1B
• Investors - Tiger Global Management and 14 others

69. Meesho

Meesho is an application which allows people to resell at a lower price. It has become the no. 1 reselling application. The platform enables small businesses and individuals to start their online stores via social channels such as WhatsApp, Facebook, Instagram etc.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - E-commerce
• Founder - Sanjeev Barnwal, Vidit Aatrey
• Funding Amount - $ 1.1B
• Investors - Meta and 36 others

70. Zetwerk

Zetwerk is a Manufacturing Businesses, a global managed marketplace for contract manufacturing. They offer best in class manufacturing solutions for all the industries. This is one of a kind industrial solution to join the Unicorn club.

• Founding Year - 2018
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - Marketplace, Consumer goods
• Founder - Amit Acharya
• Funding Amount - $ 649B
• Investors - D1 capital partners and 21 others

71. Licious

Licious is a one-stop shop for fresh meat. It has been delivering fresh chicken and meat to the doorstep, again making it one of a kind. It works on a farm-to-fork model. It owns the entire backend supply chain and the cold chain.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - Meat Products, E-commerce
• Founder - Abhay Hanjura and Vivek Gupta
• Funding Amount - $ 489M
• Investors - Amansa Capital and 32 others

72. CarDekho

CarDekho is a car search venture which helps users find what is the best for them. The startup, which buys cars from customers and then sells them, offers a catalog of more than 3,000 certified pre-owned cars for online purchase.It has expanded over to 100 marketplaces.

• Founding Year - 2008
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - Automotive Ecommerce
• Founder - Amit Jain
• Funding Amount - $ 497M
• Investors - Changer club and 21 others

73. BharatPe

BharatPe makes payment methods easy by offering merchants a single QR, to which payment can be sent to for all the platforms combined. There is no transaction fee for any payment received by the business.

• Founding Year - 2018
• Unicorn Status Gained - 2021
• Headquarters - New Delhi, India
• Industry - FinTech
• Founder - Ashneer Grover and Shashvat Nakrani
• Funding Amount - $ 680M
• Investors - Ribbit Capital and 22 others

74. Urban Company

Urban Company (formerly Urban Clap)  provides services like plumbing, deep cleaning, and salon to your doorstep. It is the best home service in India and UAE. The company partners with tens of thousands of service professionals, helping them with training, credit, product procurement, insurance, and technology.

• Founding Year - 2014
• Unicorn Status Gained - 2021
• Headquarters - Gurugram, Haryana
• Industry - Home Service
• Founder - Abhiraj Bhal, Varun Khaitan and Raghav Chandra
• Funding Amount - $ 445M
• Investors - Wellington Management and 15 others

75. Apna

Apna is a free job posting application, especially for Indians. It is also for the self-improvement of a candidate. It has proven to get a person hired in 2 days of the recruitment process.

• Founding Year - 2019
• Unicorn Status Gained - 2021
• Headquarters - Gurugram, Haryana
• Industry - Marketplace - Employment
• Founder - Nirmit Parikh
• Funding Amount - $ 193M
• Investors - Tiger Global and 7 others

76. upGrad

upGrad is an edtech company which provides you with education online. It also offers other programs such as a hybrid one which has both online and offline mode in some other countries. It helps to evaluate your profile and take a decision accordingly.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Mumbai, Maharashtra
• Industry - Edtech
• Founder -  Ronnie Screwvala, Mayank Kumar, Phalgun Kompalli, Ravijot Chugh
• Funding Amount - $ 631M
• Investors - Ets Global and 15 others

77. Eruditus

The Eruditus group, consisting of Eruditus Executive Education and its online division Emeritus, partners with top-tier universities across the United States, Europe, Latin America, India and China to bring world-class business and professional education to a global audience.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Mumbai, Maharashtra
• Industry - Edtech
• Founder -  Ashwin Damera
• Funding Amount - $ 1.2B
• Investors - CPP Investments and others

78. ShareChat

ShareChat is the leading Indian social media platform that allows users to share their opinions, document their lives, and make new friends in their native language. Sharechat is the parent company of Moj and Moj Lite+.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry -  Social Media
• Founder -  Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan
• Funding Amount - $ 1.7B
• Investors - Google and 26 others

79. Acko

ACKO General Insurance is a verified company as it is licenced and certified by the Insurance Regulatory and Development Authority of India (IRDAI), the regulator of insurance companies in India. It is a non-government Indian company.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Mumbai, Maharashtra
• Industry - InsureTech
• Founder -  Varun Dua
• Funding Amount - $ 465M
• Investors - Canada Pension Plan and others

80. MPL

Mobile Premier League (MPL) is India's largest eSports and mobile gaming platform that offers 60+ games for free download in categories such as fantasy sports, card games, arcade games, puzzle games, action games, and more.

It is a recognised gaming platform with over 9 crore users playing real money games such as Rummy, Chess, Fantasy Cricket, Fruit Chop, 8 ball Pool, Carrom, and more on a single platform.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - New Delhi, India
• Industry - Esports
• Founder - Srinivas Kiran and Shubham Malhotra
• Funding Amount - $ 390M
• Investors - SIG and 21 others

81. Spinny

Spinny is a new age used car end-to-end platform in India. By establishing absolute trust & simplicity in transactions, they are bringing radical change to the way people buy used cars. They follow a full-stack business model to offer Value, Transparency, and Simplicity to our customers.

• Founding Year - 2015
• Unicorn Status Gained - 2021
• Headquarters - Gurugram, Haryana
• Industry - E-commerce Cars
• Founder -  Niraj Singh, Ramanshu Mahaur, Ganesh Pawar, Mohit Gupta
• Funding Amount - $ 513M
• Investors - Sachin Tendulkar and 19 others

82. MobiKwik

Mobikwik is an Indian payment service provider. It provides phone-based and digital payment systems. It is now known to be one of the safe payment methods.

• Founding Year - 2009
• Unicorn Status Gained - 2021
• Headquarters - Gurugram, Haryana
• Industry - FinTech
• Founder - Bipin Preet Singh
• Funding Amount - $ 177M
• Investors - BlackSoil and 16 others

83. NoBroker

NoBroker is a disruptive real-estate platform that makes it possible to buy/sell/rent a house without paying any brokerage. It ensures that all the listing is verified and all the details are available for the one seeking a house.

The founders believe that paying a heavy brokerage is not the only way to find a house on rent, hence they founded NoBroker.

• Founding Year - 2014
• Unicorn Status Gained - 2021
• Headquarters - Bangalore, Karnataka
• Industry - PropTech
• Founder - Amit Kumar Agarwal, Saurabh Garg, Akhil Gupta
• Funding Amount - $ 426M
• Investors - BlackSoil and 16 others

84. Moglix

Moglix provides brands at the most competitive value. It is a one-stop shop for all needs. This company provides a wide range of industrial and business supplies.

Moglix primarily earns from the sale of industrial equipment and supplies through its eCommerce website, which is further complemented by the commissions it receives on the sales on its platform and other ancillary IT-related services.

• Founding Year - 2014
• Unicorn Status Gained - 2021
• Headquarters - Noida, Uttar Pradesh
• Industry - E-commerce
• Founder - Rahul Garg
• Funding Amount - $ 472M
• Investors - Alpha wave global and others

85. Elastic Run

Elastic Run is a B2B e-commerce company for rural India. Opening up new possibilities for brands to make their products available to consumers.

ElasticRun extends the reach of the brand's direct distribution networks to deep rural markets.

• Founding Year - 2016
• Unicorn Status Gained - 2021
• Headquarters - Pune, Maharashtra
• Industry - E-commerce
• Founder - Sandeep Deshmukh
• Funding Amount - $ 434M
• Investors - Goldman Sachs and 7 others

86. Oxyzo

Oxyzo financial services provides tech solutions to finance companies. These are in the form of design and development. They also help improve with increase in revenue and operations. They are more specialized in creating fintech applications.

• Founding Year - 2016
• Unicorn Status Gained - 2022
• Headquarters - Gurugram, Haryana
• Industry - Software
• Founder - Asish Mohapatra
• Funding Amount - $ 200M
• Investors - Alpha Wave global and 4 others

87. CommerceIQ

CommerceIQ is an omnichannel management program. It helps large brands use machine learning and increase e-commerce sales.

• Founding Year - 2012
• Unicorn Status Gained - 2022
• Headquarters - California, US
• Industry - Management Platform, E-commerce
• Founder - Guru Hariharan
• Funding Amount - $ 195M
• Investors - Shasta Ventures and 4 others

88. Yubi (CredAvenue)

Yubi is a fully integrated, unified digital platform that helps discover, trade, execute and fulfill debt solutions for investors.

CredAvenue is one such platform that enables companies big or small to access the debt market to seek capital and receive loans, as well as banks and NBFCs to lend and track loans. Investors see this offering as one-of-a-kind and ideal for a debt-strapped country like India.

• Founding Year - 2017
• Unicorn Status Gained - 2022
• Headquarters - Chennai, India
• Industry - FinTech
• Founder - Gaurav Kumar
• Funding Amount - $ 226M
• Investors - Sequoia Capital and 9 others

89. Hasura

Hasura is a company which provides programming tools to the companies which have an idea that has to be executed. Hasura is used by 52 companies all over.

• Founding Year - 2017
• Unicorn Status Gained - 2022
• Headquarters - Bangalore, Karnataka
• Industry - SaaS programming tools
• Founder - Tanmai and Rajoshi
• Funding Amount - $ 136M
• Investors - Strive and 11 others

90. Uniphore

Uniphore is a conversational automation technology company. Uniphore sells software for different services such as analytics, conversational assistance and others. It aims to be India Product MNC in speech recognition.

• Founding Year - 2008
• Unicorn Status Gained - 2022
• Headquarters - Bangalore, Karnataka
• Industry - SaaS (Automation)
• Founder - Umesh Sachdev
• Funding Amount - $ 620M
• Investors - GoldenArc Capital and 21 others

91. Livspace

LivSpace is an interior design company which provides designing solutions constrained to a home. This is a home interior and renovation company head-quartered in Singapore. It provides interior design and renovation services in Singapore and India.

• Founding Year - 2014
• Unicorn Status Gained - 2022
• Headquarters - Bangalore, Karnataka.
• Industry - E-commerce Interior Design
• Founder - Anuj Srivastava, Ramakant Sharma
• Funding Amount - $ 431M
• Investors - GoldenArc Capital and 21 others

92. Darwinbox

Darwinbox is a leading provider of cloud-based human resources management software. It has made the HR system easy and structured so as to take care of all the employee leaves, policies, and other formalities. It is a mobile first HR-Tech experience which is based completely on AI and ML.

• Founding Year - 2015
• Unicorn Status Gained - 2022
• Headquarters - Bangalore, Karnataka.
• Industry - SaaS HR-Tech
• Founder - Chaitanya Peddi, Jayant Paleti and Rohit Chennamaneni
• Funding Amount - $ 111M
• Investors - Microsoft and 11 others

93. Fractal Analytics

Fractal Analytics enables its Fortune 500 clients to make better business decisions through deep understanding of consumer behavior and drive higher business performance globally.  In 2015 they acquired Imagna Analytics and Mobius Innovations.

• Founding Year - 2000
• Unicorn Status Gained - 2022
• Headquarters - California, US
• Industry - SaaS Analytics
• Founder - Abhicine, Pranay Agrawal, Nirmal Palaparthi, Pradeep Suryanarayan and Ramakrishna Reddy
• Funding Amount - $ 685M
• Investors - TA Associates and 4 others

94. Amagi Media Labs

Amagi Media Labs Private Limited is a software as a service (SaaS) solution provider. The Company offers solutions for media and entertainment industries such as cloud managed live and on demand video infrastructure for television and over the top (OTT) media services. Amagi Media Labs serves customers worldwide.

• Founding Year - 2008
• Unicorn Status Gained - 2022
• Headquarters - Bangalore, Karnataka
• Industry - Media and Advertising
• Founder - Baskar Subramaniam
• Funding Amount - $ 349M
• Investors - General Atlantic and 9 others

95. Games24x7

Games24x7 is a pioneer in the fast-growing online gaming industry in India and has built a highly profitable business with outstanding acquisition and retention metrics. It uses behavioral science, artificial intelligence, and technology to great experience across all platforms.

• Founding Year - 2006
• Unicorn Status Gained - 2022
• Headquarters - Mumbai, Maharashtra
• Industry - Gaming
• Founder - Bhavin Pandya and Trivikraman Thampy
• Funding Amount - $ 75M
• Investors - Tiger Global Management and 4 others

96. LEAD School

LeadSchool is for the management of the school systems. It is an academic content provider, primarily. It also provides student performance monitoring, teacher monitoring etc. It aims at providing international education to Indians.

• Founding Year - 2012
• Unicorn Status Gained - 2022
• Headquarters - Mumbai, Maharashtra
• Industry - EdTech Management
• Founder - Sumeet Mehta and Smita Deorah
• Funding Amount - $ 170M
• Investors - WestBridge Capital and 3 others

97. Xpressbees

Xpressbees is a logistics provider for B2B, B2C, 3PL, and cross border. It is present in 3000 cities and is processing 3M+ orders per day.

It has grown to be one of the most used and reliable logistics partners. It is being used by different small/medium size business to conduct their everyday delivery business.

• Founding Year - 2012
• Unicorn Status Gained - 2022
• Headquarters - Pune, Maharashtra
• Industry - Logistics
• Founder - Goku Jangra
• Funding Amount - $ 607M
• Investors - Chrys Capital and 14 others

98. DealShare

DealShare is a platform for buying groceries from. It guarantees the best rate throughout the town. B2B e-commerce platform DealShare, has forayed into the private label business and plans to invest Rs 500 crore over the next 2 to 3 years to expand its private brands, the company announced in a press release on Wednesday.

• Founding Year - 2018
• Unicorn Status Gained - 2022
• Headquarters - Bangalore, karnataka
• Industry -  E-commerce
• Founder - Vineet Rao
• Funding Amount - $ 390M
• Investors - Tiger Global Management and 30 others

99. Purplle

Purplle offers beauty-oriented products and appliances. It offers education about the same - Personal care, wellness and skin care. It took off at an early stage and is now among the top selling beauty brands in India.

• Founding Year - 2012
• Unicorn Status Gained - 2022
• Headquarters - Mumbai, Maharashtra
• Industry - E-commerce; Personal Care
• Founder - Manish Desh and Rahul Dash
• Funding Amount - $ 296M
• Investors - Blume Ventures and 18 others

100. Open

Open.Money is a neobank providing hassle free solutions to SMBs and Startups. Open.Money The Open business account comes with a VISA business card that combines banking, payments,accounting, expense management & taxes, in one place.

• Founding Year - 2017
• Unicorn Status Gained - 2022
• Headquarters - Bangalore, Karnataka
• Industry - Fintech
• Founder - Ajeesh Achunath
• Funding Amount - $ 190.8M
• Investors - IIFL Finance and 18 others

101. LeadSquared

LeadSquared is a venture which captures leads, does sales management and analytics, all in one platform. LeadSquared is a cloud-based marketing automation and customer relationship management (CRM) solution for businesses of all sizes.

• Founding Year - 2011
• Unicorn Status Gained - 2022
• Headquarters - Bangalore, Karnataka
• Industry - Saas-CRM
• Founder - Sudhakar Gorti
• Funding Amount - $ 187M
• Investors - Stakeboat Capital and 4 others

102. PhysicsWallah

PhysicsWallah is an online edtech platform. It is for the people who want affordable and comprehensive courses. It is for people ranging from 6th to 12th and competitive exams like JEE and NEET.  Alakh Pandey started as a teacher earning 5000 rs, and then founded this unicorn which was valued at 777 crore.

• Founding Year - 2016
• Unicorn Status Gained - 2022
• Headquarters -Noida, Uttar Pradesh
• Industry - EdTech
• Founder - Alakh Pandey
• Funding Amount - $ 100M
• Investors - Westbridge Capital and GSV Ventures

103. OneCard

OneCard is an app first metal credit card and not a BNPL service. It's a co-branded credit card, where the line of credit is extended by RBI regulated banks. It is a credit-card with lifetime access. You can make the payment using UPI, Gpay etc. Recently another option through bank transfer has been added to the medium of payments.

• Founding Year - 2019
• Unicorn Status Gained - 2022
• Headquarters -Noida, Uttar Pradesh
• Industry - FinTech
• Founder - Rupesh Kumar, Anurag Sinha, and Vibhav Hathi
• Funding Amount - $ 227M
• Investors - Sequoia Capital and others

104. 5ire  

5ire aims to become a blockchain ecosystem for the 5th industrial revolution, where self-sovereign decentralized organizations are empowered.  5ire includes 5ireChain, the world’s first sustainable blockchain, 5ire VC, 5ire’s venture capital arm, and 5ire Labs, 5ire’s research and development hub.

• Founding Year - 2021
• Unicorn Status Gained - 2022
• Headquarters - London, UK
• Industry - BlockChain
• Founder - Prateek Gauri
• Funding Amount - $ 121M
• Investors - Diamond Hands and 12 others

105. Shiprocket

Shiprocket is a logistics aggregator which aims at democratizing E-commerce. It is one of the leading companies in end-to-end logistics. It has recently acquired one of its competitors Pickrr. It has a B2B2C model. It has different verticals such as fulfillment, cross-border, and core.

• Founding Year - 2018
• Unicorn Status Gained - 2022
• Headquarters - New Delhi, India
• Industry - Logistics
• Founder - Saahil Goel, Gautam Kapoor, Akshay Gulati, and Vishesh Khanna
• Funding Amount - $ 356M
• Investors - Lightrock and 30 others

106. Tata 1mg

Tata 1mg, previously 1mg, is a healthcare platform. It provides services such as e-pharmacy, diagnostics, e-consultation and health content. It has started opening its physical stores which provide all the medicines.

• Founding Year - 2018
• Unicorn Status Gained - 2022
• Headquarters - Gurugram, Haryana
• Industry - Healthtech
• Founder - Prashant Tandon, Gaurav Agarwal, Vikas Chauhan
• Funding Amount - $ 230M
• Investors - Tata Digital and 19 investors

107. Molbio Diagnostics

Molbio Diagnostics wants to enable better medicine through precise, faster, cost effective diagnosis at the Point of Care (POC). It wants to continue to innovate and bring new technologies for social betterment. It is building to decentralization and democratization of diagnostics through high ended point of care technologies.

• Founding Year - 2010
• Unicorn Status Gained - 2022
• Headquarters - Verna, Goa
• Industry - Healthtech
• Founder - Sriram Natarajan
• Funding Amount - $ 117M
• Investors - Motilal Oswal and Temasek Holdings

108. Five Star Business Finance (FSBF)

It provides small businesses loans and small mortgages to the people in need for personal or professional growth. Five Star Housing Finance Private Limited which is the company’s subsidiary is designed to help its clients with small housing loans.

• Founding Year - 1984
• Unicorn Status Gained - 2021
• Headquarters - Tamil Nadu, India
• Industry - Financial Services
• Founder - V K Ranganathan
• Funding Amount - $ 234M
• Investors - 4 investors

Frequently Asked Questions (FAQ’s)

Q1. How many unicorn startups are in India?

As of January 2023, There are a total 108 unicorn start-ups in India. It constitutes almost 10% of the total unicorns of the whole world. There are approx. 1000 Unicorns in the whole world. If we may call it, the Alphabet Inc. is the ‘super-unicorn’ or decacorn.

Q2. Which is India's first unicorn startup?

India’s first startup which went on to become Unicorn was ‘MakeMyTrip’. It was founded in 2000 and became a unicorn startup in 2010.

Q3. Which is the latest unicorn startup in India?

According to Startuptalky, the latest startup in India is Molbio Diagnostics.

Q4. Which are the top Indian unicorns?

The Top Five well performing unicorns of India in 2022 came out to be Fractal, LivSpace, Lead Square, Purplle, and 5ire.

Q5. Which Indian startups turned unicorn startups in 2021?

• Digit Insurance
• Innovaccer
• Five Star Finance
• Meesho , Infra.Market
• CRED (fintech)
• Pharmeasy
• Groww
• Gupshup
• Mohalla Tech
• Chargebee
• Urban Company
• Moglix
• Zeta
• BrowserStack
• BlackBuck
• Droom
• Ofbusiness
• BharatPe
• MindTickle
• upGrad
• CoinDCX
• Eruditus
• Zetwerk
• Grofers
• Mobile Premier League
• Apna
• Vedantu
• Licious
• CoinSwitch Kuber
• Rebel Foods
• CarDekho
• MobiKwik
• ACKO Insurance
• The Good Glamm Group,
• Cure.fit
• Mensa Brands
• NoBroker
• Spinny
• Slice
• Pristyn Care
• Mamaearth
• And GlobalBees are the 42 startups that became Unicorn in 2021.

Q6. Which Indian startups turned unicorns in 2022?

• Fractal
• LeadSquare
• Darwinbox
• DealShare
• ElasticRun
• Livspace
• Xpressbees
• Uniphore
• Hasura
• CredAvenue
• Amagi
• Oxyzo
• Games24X7
• Open
• PhysicsWallah
• Purplle
• OneCard
• 5ire
• Shiprocket
• Tata 1 mg
• Open are some startups that became unicorn in 2022.

Q7. What are unicorns in India?

Unicorn is a term used in the VC (Venture Capital) world to describe a privately held startup company with a value of over $1 billion.

[This is a running list of Unicorns in India and we will be updating this list whenever an Indian startup enters the unicorn club]

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