Top Unicorn Startups in India: Today, there is a different wave of business and startups going on in our country, most people want to start their own new startups and businesses.
Top Unicorn Startups in India: Today, there is a different wave of business and startups going on in our country; most people want to start their own new startups and businesses.
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What is a unicorn startup?
10 Top Unicorn Startups in India
inmobi
Flipkart
dream 11
hail
OYO Rooms
One of the major reasons for this is that it has become very easy to start in India today and most of the startup investors are also investing their money in businesses in our country. This is why more than 100 unicorn startups have formed in India today.
In such a situation, there are many people who want to know about the top 10 unicorn startups in India, so in today’s article we will tell you about the top 10 unicorn startups in India, which are the 10 largest unicorn startups in India. . So let’s start.
What is a unicorn startup?
Before going further, let us tell you that a unicorn startup is a company valued at more than $1 billion Today, more than 100 unicorn startups have been formed in India.
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Also, our country India is the third country in the world with the highest number of unicorn startups, currently only China and America are ahead of us. But it is estimated that within the next year our country will become the second largest unicorn startup hub in the world.
10 Top Unicorn Startups in India
Below we have provided information about the 10 largest unicorn startups in India.
Inmobi
Inmobi Company started in 2007 in India, is a Bangalore based mobile advertising company that helps various mobile companies in their advertising. Naveen Tiwari is the founder and CEO of InMobi Company, we tell you that InMobi Company has become India’s first unicorn company.
In addition, Inmobi Company also launched its own subsidiary company Glance in 2019, which became a Unicorn Company in 2020.
Flipkart
You must know about Flipkart company that it is one of the largest online shopping platforms in India, where you can buy almost everything online. It was started by Binny Bansal and Sachin Bansal in 2007 in Bangalore.
According to reports, Flipkart’s company valuation will exceed $37 billion in 2023, making it one of the largest unicorn companies in India. Also, we also tell you that in 2018, Walmart Company acquired Flipkart for $16 billion.
Dream 11
If you have any knowledge of fantasy cricket, you must have heard about Dream 11 at some point or the other. The company is India’s largest sports fantasy company started in 2008 by Bhavait Seth and Harsh Jain.
We tell you that there are millions of users associated with Dream 11, who use Dream 11 to play fantasy sports. According to reports, this company is valued at $8 billion in 2021, making it one of the largest unicorn startups in India.
Hail
You must have at some point used Ola to book taxis and rides online, one of the largest online taxi ride booking companies in India. Used by millions of people every day, Ola was launched in 2010 by Bhavish Agarwal and Ankit Bhati.
Apart from this, Ola Company has also expanded its operations abroad, due to which many people outside India use Ola Company. According to reports, by 2020, this company’s valuation was more than 6 billion dollars, and that’s why this company is one of the biggest unicorn companies.
OYO Rooms
Best Online hotel room booking in India, started in 2013 by Ritesh Agarwal. Also, let us inform you that Ritesh was just 21 years old when he started this.
Today OYO is India’s largest online hotel room booking company. Due to which their business continues to grow, according to reports, the company was valued at $9 billion in 2021.
Apart from these Indian startups, the companies Swiggy, PhonePe, Zomato, Freshworks and Nykaa are also included in the list of top 10 unicorn startups in India.
Rank Company Industry Year of Establishment Founder(s) Valuation (as per 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 Seth, Harsh Jain- $8 billion (as of 2021)
4 Ola Ride-hailing 2010 -Bhavish Agarwal, 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 -Sriharsh Majeti, 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
9-FreshWorks Business Software, 2010—Girish Mathrubootham, $10 billion (as of 2021)
10—Nykaa Beauty and Wellness—2012—Falguni Nair—$8 billion (as of 2021)
Top 10 Unicorn Startups in India
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