As of May 2024, India’s startup ecosystem is a powerhouse, ranking third in the world for the number of unicorns—startups valued at over $1 billion. Collectively, these unicorns are valued at an impressive $349.67 billion. In today’s fast-moving economy, Indian unicorns are not just innovating with cutting-edge solutions and technologies, but they are also driving substantial job creation and economic growth. A unicorn startup is a term used to describe a privately held startup company with a valuation of over $1 billion.
Company | Sector | Valuation ($B) |
Ather Energy | Mobility – Electric | 1.3 |
Rapido | Mobile App (Taxi Booking – Bikes) | 1 |
Perfios | Fintech -Credit Assessment | 1 |
Krutrim | Conversational AI | 1 |
InCred Finance | NBFC | 1.04 |
Zepto | E-Commerce – Groceries | 3.6 |
BoAt | IT Products (Hardware – Consumer Electronics) | 1.4 |
Molbio Diagnostics | Healthtech – Diagnostics | 1.53 |
Shiprocket | Aggregator – Logistics Services | 1.23 |
OneCard | Fintech – Credit Cards | 1.3 |
Leadsquared | SaaS – CRM | 1 |
Purplle | E-Commerce – Personal Care & Cosmetics | 1.1 |
PhysicsWallah | Edtech | 1.1 |
Open Financial Technologies | Fintech – Neo Bank | 1 |
Games24x7 | Gaming | 2.5 |
Oxyzo Financial Services | Fintech – Marketplace – SME Lending | 1 |
Amagi Media Labs | SaaS – Local Ads Targeting | 1 |
Yubi (Formerly Known as CredAvenue) | Marketplace – Lending | 1.3 |
Hasura | SaaS – Programming Tools | 1 |
Uniphore Software Systems | SaaS – Conversational Service Automation | 2.5 |
XpressBees Logistics | Logistics Services | 1.2 |
LivSpace | Interior Design – Modular Kitchens & Home Products | 1.2 |
ElasticRun | Logistics Services | 1.4 |
Polygon | Web3 Infrastructure – Dapps | 10 |
DealShare | E-Commerce – Social Commerce | 1.7 |
DarwinBox | SaaS – HR | 1 |
LEAD School | Edtech | 1.1 |
Fractal | SaaS – Analytics | 1 |
GlobalBees | Aggregator – Consumer Brands | 1.1 |
Mamaearth^ | D2C – Personal Care | 1.07 |
Pristyn Care | Healthtech – Elective Surgery Services | 1.4 |
Slice | Fintech – Credit Cards | 1 |
Upstox | Fintech – Brokerage | 3.4 |
Spinny | Marketplace – Used Cars | 1.8 |
NoBroker | Proptech – Classifieds | 1 |
Mensa Brands | Aggregator – Consumer Brands | 1.2 |
Cult.fit | Healthtech – Wellness | 1.5 |
MyGlamm | D2C – Personal Care | 1.2 |
Acko | Fintech – General Insurance | 1.1 |
Cardekho | Marketplace – Used Cars | 1.2 |
Rebel Foods | Foodtech – Cloud Kitchen | 1.4 |
CoinSwitch | Cryptocurrency Exchange | 1.9 |
Licious | D2C – Meat | 1.3 |
Vedantu | Edtech | 1 |
Apna.co | Marketplace – Jobs | 1.1 |
Mobile Premier League | Gaming | 2.3 |
Zetwerk | Marketplace – Manufacturing Services | 2.5 |
Blinkit^ | E-Commerce – Groceries | 0.568 |
Eruditus | Edtech – Executive Education | 3.2 |
CoinDCX | Cryptocurrency Exchange | 2.15 |
upGrad | Edtech – Higher Studies | 2.25 |
MindTickle | SaaS – HR – Training | 1.2 |
BharatPe | Fintech – Payments | 2.8 |
OfBusiness | NBFC – SME Loans | 5 |
Droom | Marketplace – Used Cars | 1.2 |
BlackBuck | Logistics Services | 1 |
BrowserStack | SaaS – Software Testing | 4 |
Zeta | Fintech – API – Banking Products | 1.5 |
Moglix | B2B E-Commerce – Industrial Equipment | 2.6 |
Urban Company | Marketplace – Handyman Services | 2.1 |
ChargeBee | SaaS – Subscription Billing Solution | 3.5 |
Gupshup | Conversational Messaging | 1.4 |
ShareChat | Social Media | 4.9 |
Groww | Fintech – Brokerage & Mutual Funds | 3 |
PharmEasy | E-Commerce – Online Pharmacy | 2.8 |
CRED | Fintech – Payments & Credit Card Rewards | 6.4 |
Meesho | E-Commerce – Social Commerce | 4.9 |
FirstCry^ | E-Commerce – Baby Care Products | 1.7 |
Five Star Business Finance^ | NBFC | 1.4 |
Infra.Market | B2B E-Commerce – Construction Materials | 2.5 |
Innovaccer | SaaS – Healthcare Data Analytics | 3.2 |
Digit^ | Fintech – General Insurance | 4 |
Glance InMobi | Content – Lockscreen | 2 |
Dailyhunt | Content – News | 5 |
Zenoti | SaaS – Salon & Spa Management | 1.5 |
PhonePe^ | Fintech – Payments | 12 |
Cars24 | Marketplace – Used Cars | 3.3 |
RazorPay | Fintech – Payment Gateway | 7.5 |
Unacademy | Edtech | 3.4 |
Postman | SaaS – API Development & Testing | 5.6 |
Nykaa^ | E-Commerce – Personal Care & Cosmetics | 1.8 |
Pine Labs | Fintech – PoS Payment Solutions | 5 |
Lenskart | E-Commerce – Eyewear | 4.5 |
Ola Electric^ | Mobility – Electric | 5.4 |
CitiusTech | IT Services – Healthcare | 1.1 |
Icertis | SaaS – Contract Management | 5 |
Druva Software | SaaS – Data Management | 2 |
Dream11 | Gaming | 8 |
BigBasket | E-Commerce – Groceries | 2 |
Rivigo | Logistics Services – Trucks | 1.1 |
Delhivery^ | Logistics Services | 3 |
BillDesk | Fintech – B2B Payments | 1.6 |
Udaan | B2B E-Commerce | 1.8 |
OYO Rooms | Proptech – Hotel Booking | 9.6 |
Freshworks^ | SaaS – CRM | 3.5 |
PolicyBazaar^ | Fintech – Insurance | 2.4 |
Swiggy | Foodtech | 10.7 |
PayTM Mall* | E-Commerce | 3 |
BYJUS | Edtech | 22 |
Hike* | Social Media – Messaging | 1.4 |
ShopClues* | E-Commerce | 1.1 |
Zomato^ | Foodtech | 5.4 |
Quikr* | Marketplace – Classifieds | 1.5 |
Ola Cabs | Mobility – Ride Aggregator | 7.3 |
PayTM^ | Fintech – Payments & Wallet | 16 |
Snapdeal* | E-Commerce | 2.4 |
Mu Sigma | SaaS – Analytics | 1.5 |
Flipkart^ | E-Commerce | 37.6 |
InMobi | Adtech – Mobile Ads | 1 |