Top 10 Unicorn Startups of India: In today’s time, a different wave of business and start-ups is going on in our country, most people want to start their own new start-up and business.
One of the biggest reasons for this is that it has become very easy to start startups in India in today’s time, at the same time, most of the startup investors are also investing their rightful money in the business of our country. That is why today more than 100 Unicorn Startups have been formed in India.
In such a situation, there are many people who want to know about the 10 Top Unicorn Startups of India, so in this article, we will tell you about the Top 10 Unicorn Startups of India.
What is a Unicorn Start-up?
Before we move ahead, let us tell you that a Unicorn Startup is a company whose valuation is more than 1 billion dollars, in today’s time more than 100 Unicorn Startups have been formed in India.
At the same time, our country India is the third country in the world in which the most unicorn start-ups have been created, at this time 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.
Top 10 Unicorn Startups in India
Below we have given information about the 10 biggest Unicorn Startups of India.
Inmobi
InMobi, founded in 2007 in India, is a Bengaluru-based mobile advertising company that helps mobile companies in their advertising. Naveen Tiwari is the founder and CEO of InMobi, India’s first unicorn company.
In 2019, Inmobi launched its own subsidiary called Glance, which became a Unicorn in 2020.
Flipkart
Flipkart is one of the largest online shopping platforms in India. It was started in 2007 by Binny Bansal and Sachin Bansal in Bengaluru.
According to reports, in the year 2023, the valuation of Flipkart Company is more than $37 billion, due to which it is one of the largest Unicorn companies in India. In 2018, Flipkart was acquired by Walmart for $16 billion.
Dream11
If you know about fantasy cricket, then you must have heard about Dream 11 sometime or the other. This company is India’s largest sports fantasy company which was started by Bhvait Sheth and Harsh Jain in the year 2008.
Let us tell you that many millions of users are associated with Dream 11, who use Dream 11 to play Fantasy Sports. According to reports, the company’s valuation was $8 billion in 2021, due to which it is also a part of India’s largest Unicorn Startups.
Ola
You must have used Ola to book online taxis and rides, it is one of the largest online taxi ride booking companies in India. Millions of people use it every day, Ola was founded in 2010 by Bhavish Aggarwal and Ankit Bhati.
At the same time, Ola has also expanded its operations abroad, due to which people in many countries outside India use Ola. According to reports, by the year 2020, the company’s valuation was more than $6 billion, and for this reason these companies are also one of the largest Unicorn companies.
OYO Rooms
OYO Rooms, which is the largest online hotel room booking company in India, was started by Ritesh Agarwal in 2013. Let me also 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 and has invested in many properties across the country. As a result, their business continues to grow. According to reports, the company’s valuation was $9 billion in 2021.
Apart from these Indian startups, Swiggy, PhonePe, Zomato, Freshworks and Nykaa are also 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) |
10 Top Unicorn Startups of India
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