India’s top 10 most valued startups which has the third largest startup ecosystem in the world with over 37 unicorns
Paytm is an Indian e-commerce payment system and financial technology company, based in Noida, Uttar Pradesh, India. Paytm is currently available in 11 Indian languages and offers online use-cases like mobile recharges, utility bill payments, travel, movies, and events bookings as well as in-store payments at grocery stores, fruits and vegetable shops, restaurants, parking, tolls, pharmacies, and educational institutions with the Paytm QR code. The Vijay Shekhar Sharma led company was last valued at $16 billion.
Byju’s is an Indian educational technology (edtech) and online tutoring firm founded in 2011 by Byju Raveendran. The company with a valuation of $11.1 billion, is a leading market player with the highest market share in India’s growing EdTech space. After raising $1.35billion last year, the startup is the most valued edtech co globally at $12 billion.
In 2012, Ritesh Agarwal launched Oravel Stays to enable listing and booking of budget accommodations. After undertaking months of research and staying in various bed and breakfast homes, guest houses, and small hotels across India, he renamed Oravel to OYO in 2013 Indian hospitality unicorn was last valued at $10 billion, but a human report in 2020 valued it at $8 billion.
Snapdeal is an Indian e-commerce company based in New Delhi, India. The company was founded by Kunal Bahl and Rohit Bansal in February 2010. Snapdeal was founded on 4 February 2010 as a daily deals platform but expanded in September 2011 to become an online marketplace. Snapdeal has grown to become one of the largest online marketplaces in India. The third-largest e-commerce firm was last valued at $6.5 billion, according to Venture Intelligence.
Ola Cabs is an Indian ridesharing company offering services that include vehicles for hire and food delivery. The company is based in Bangalore, Karnataka, India, and was developed by ANI Technologies Pvt. Ltd. A variety of venture capitalists including Softbank have large stakes in the company. The ride-hailing giant was valued at $6.2 billion.
Zomato is an Indian restaurant aggregator and food delivery start-up founded by Deepinder Goyal and Pankaj Chaddah in 2008. Zomato provides information, menus, and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities. The IPO-Bound food tech unicorn holds a valuation of $3.9 billion.
Swiggy is India’s largest and highest-valued online food ordering and delivery platform founded in 2014. Swiggy is based in Bangalore, India, and as of March 2019, was operating in 100 Indian cities. In early 2019, Swiggy expanded into general product deliveries under the name Swiggy Stores. Another food tech unicorn, Swiggy is valued at $3.6 billion.
Feature packed product suite for businesses of all sizes. Indian SaaS unicorn Freshworks holds a valuation of $3.5 billion.
Shop industrial tools and safety equipment at wholesale prices from India’s largest marketplace for B2B online shopping. The B2B e-commerce platform recently hit a valuation of $3.1 billion.
Dream11 is an Indian fantasy sports platform that allows users to play fantasy cricket, hockey, football, kabaddi, and basketball. In April 2019, Dream11 became the first Indian gaming company to enter the “Unicorn Club”.The gaming unicorn Dream11 is valued at $2.5 billion.