Top 45 Unicorn Startups in India (2025 Collection)

India is one of the best countries to start a business, boosting favorable business conditions like a large market, business-friendly laws, and low operational costs.

With its unique blend of creativity and diversity, India is home to a herd of unicorns breaking new ground and reinventing success.

Flipkart, Paytm, Zomato, Ola Cabs, OYO Rooms, and Five Star Business Finance are popular Indian unicorns with values exceeding $1 billion.

This article explores the 45 top unicorn startups in India you can use as inspiration for growing your company.

Let's dive in.

1. Flipkart

Leading eCommerce Platform in India for Varieties of Products

Key Facts

Founders: Sachin Bansal, Binny Bansal
CEO: Kalyan Krishnamurthi
Headquarters: Bengaluru, India
Industry: eCommerce
Funds Raised: $14.9 billion
Number of Employees: 22,000

Flipkart is one of India's leading eCommerce platforms, offering various products ranging from electronics to fashion, providing customers convenient access to a wide range of products at competitive prices.

At the early stage, Flipkart focused solely on online book sales before expanding into other relevant product categories like consumer electronics, fashion, home necessities, groceries, and lifestyle products.

This eCommerce giant has a virtual storefront dedicated to the relevant academic needs of students named ‘Flipkart Student's Club.' The Flipkart Green venture provides certified sustainable products for customers who want a sustainable lifestyle.

Flipkart has grown its customer base, improved its technological prowess, and established itself as a significant force in the Indian eCommerce sector with the support of Tiger Global Management.

2. BharatPe

Best Fintech Company in India for Financial Services

Key Facts

Founders: Ashneer Grover, Shashvat Nakrani, and Bhavik Koladiya
CEO: Nalin Negi
Headquarters: New Delhi, India
Industry: Financials
Funds Raised: $780.5 million
Number of Employees: 603

BharatPe is an Indian Fintech company that provides small and medium businesses with digital payment solutions and financial services.

Through partnerships with financial institutions, BharatPe offers working capital loans to merchants in a timely and hassle-free manner.

Customers can apply for loans through the BharatPe mobile app, with the approval and disbursement processes faster than traditional lending institutions.

Since 2018, BharatPe has experienced rapid growth and garnered substantial attention in the Indian startup ecosystem. Investors and venture capital firms have helped the company expand and launch new products.

With its unique approach, BaharatPe facilitates transactions and empowers businesses and customers to savor every moment of the payment process. Convenience, security, and innovation are skillfully blended into one alluring experience for business models.

Sequoia Capital, an investment firm, provides the funding, expertise, and support to help this startup succeed.

3. Dream11

Best Unicorn Company in India for Fantasy Football

Key Facts

Founders: Harsh Jain, Bhavit Sheth
CEO: Harsh Jain
Headquarters: Mumbai, Maharashtra, India
Industry: Sports
Funds Raised: $1.6 billion
Number of Employees: 800+

Dream11 is an Indian fantasy sports platform that allows users to play various sports, including cricket, hockey, football, handball, basketball, and volleyball.

Indian sports fans can use the virtual platform to demonstrate and broaden their expertise in sports.

As the first Indian fantasy sports company to achieve unicorn status, it has paved the way for a new era of success. In October 2023, Dream11 reached a milestone of 200 million users, setting the standard for excellence.

Dream11 is the Official Fantasy Partner for the Caribbean Premier League, Indian Super League, and National Basketball Association (NBA). To participate in a Dream11 game, a user must be at least 18 and have their PAN verified.

4. PhonePe

Best Fintech Platform in India for Mobile Payments

Key Facts

Founders: Sameer Nigam, Rahul Chari, and Burzin Engineer
CEO: Sameer Nigam
Headquarters: Salarpuria Softzone, Bengaluru, Karnataka, India
Industry: Payment Processing
Funds Raised: $2.6 billion
Number of Employees: 5,400

PhonePe is a private limited company dedicated to making digital payments smooth, fast, accurate, and easy for Indian customers and merchants. This financial company is a reliable platform that simplifies payments and transfers easily, making your visit memorable.

Users can seamlessly send and receive money, make payments, recharge their phones, top up data cards, and pay for utilities using the PhonePe app.

PhonePe’s services are available in 11 Indian languages. For convenience, customers can converse with each other through the app's chat feature.

With Sands Capital's support, PhonePe has received funding to enhance its platform, develop new features, and expand its user base.

5. InMobi

Best Overall Unicorn Company in India for Mobile Advertising

Key Facts

Founders: Naveen Tewari, Amit Gupta, Abhay Singhal, and Mohit Saxena.
CEO: Naveen Tewari
Headquarters: Bangalore, Karnataka, India
Industry: Advertising
Funds Raised: $320.6 million
Number of Employees: 2,500

InMobi is a unicorn company in India that helps publishers and advertisers offer relevant and personalized advertisements to users visiting the mobile app or website.

You can picture the company as an international architect building transformative technologies to impact people, businesses, and societies worldwide positively.

InMobi's primary is mobile advertising with simple text-based ads, and it has moved to include other ad formats.

This Indian company is known for offering a Software Development Kit (SDK) for mobile app creators who wish to integrate InMobi's advertising within their app.

InMobi was featured amongst The Economic Times India's best workplaces of 2016 for culture transformation.

6. BYJU’S

Popular EdTech Company in India for Coaching and Tutoring

Key Facts

Founders: Byju Raveendran, Divya Gokulnath
CEO: Byju Raveendran
Headquarters: Bangalore, Karnataka, India.
Industry: Online Education
Funds Raised: $6.3 billion
Number of Employees: 14,000+

BYJU’S is an EdTech company that offers a platform for users to learn online with full programs and exam preparation classes. This education company helps students explore, discover, and flourish in the limitless sphere of education.

Funding for BYJU’S has come from several investors, including the Chan Zuckerberg Initiative, Tencent Holdings, and Sequoia Capital.

As one of the most well-funded startups in the education sector, BYJU’S has expanded its reach beyond India with a presence in the United States, the United Kingdom, Australia, and the Middle East.

Moore Strategic Ventures has supported BYJU’S by expanding the platform, developing new courses, and reaching more students across India and globally.

BYJU’S uses technology to improve learning for students everywhere by making it more interesting, approachable, and efficient.

This EdTech company excels by offering engaging educational products through its app, employing effective pricing strategies, and implementing robust marketing techniques to attract and retain customers.

7. Ola Electric

Best Transport Tech Platform in India for Mobility

Key Facts

Founders: Bhavish Aggarwal, Ankit Bhati
CEO: Bhavish Aggarwal
Headquarters: Bangalore, Karnataka, India
Industry: Transportation
Funds Raised: $1.6 billion
Number of Employees: 6,005

Ola Electric is a unique tech mobility startup that provides easily accessible transit services.

This company offers a platform to collaborate with driver-partners, vehicle manufacturers, and battery companies and advance into making future technology for daily mobility.

The aim of creating the company centers around reducing the emission and fuel dependency of Ola Cabs and shifting to mass electric mobility.

Ola Electric offers a silent revolution with its sleek electric vehicles, sparking hope for a cleaner, greener commutes, and a brighter, sustainable future.

With Sequoia Capital India's support, Ola Electric has received funding to expand its operations, develop new technologies, and scale its electric vehicle offerings across India.

8. Ola Cabs

Best Rental Car Company in India

Key Facts

Founders: Bhavish Aggarwal, Ankit Bhati
CEO: Bhavish Aggarwal
Headquarters: Bangalore, Karnataka, India
Industry: Transportation
Funds Raised: $5 billion
Number of Employees: 11,402

Ola Cabs is a rental company providing cars on hire for local and online travel. This unicorn company from India sells cars to customers and runs Ola Cabs in 30 cities.

This transportation company primarily provides transportation and mobility services for interested visitors. Meal delivery services began in December 2017 to facilitate ease and convenience when clients purchase food.

Interested customers can access a platform that provides a wide range of vehicles and enhanced services.

With the support of TPG Growth, Ola has increased its customer base and expanded beyond its initial reach. The Ola Mobile app gives travelers access to a convenient transportation network at any time.

9. Oyo Rooms

Best Travel Tech Unicorn Company in India for Accommodation

Key Facts

Founders: Ritesh Agarwal
CEO: Ritesh Agarwal
Headquarters: Gurgaon, Haryana, India
Industry: Hospitality
Funds Raised: $3.3 billion
Number of Employees: 1,330

OYO Rooms is an Indian global hospitality brand that provides both leased and franchised hotel options. Picture OYO Rooms as your cool and budget-friendly accommodation platform for maximum satisfaction.

Travelers can easily make reservations on the user-friendly website, which offers a smooth experience from booking to checkout.

OYO Rooms maintains high standards across its lodging network, ensuring that available rooms are clean, comfortable, and well-equipped.

Through strategic investments and financial backing, the capital group has fueled OYO Rooms’ growth, allowing it to improve its technology and innovate its services.

10. Swiggy

Best Food Tech Company in India for Instant Grocery Delivery

Key Facts

Founders: Sriharsha Majety, Nandan Reddy, Rahul Jaimini
CEO: Sriharsha Majety
Headquarters: Bangalore, Karnataka, India
Industry: Food Delivery
Funds Raised: $3.6 billion
Number of Employees: 6,000

Swiggy is one of the most valuable online stores that allows users to order food from a wide range of restaurants through its website or mobile app.

Besides food delivery, the platform provides on-demand grocery deliveries under Instamart and a same-day package delivery service.

Beyond making visitors feel better when hungry, Swiggy helps users track their orders, personalize their meals, and even schedule deliveries.

With the help of private equity funding, Swiggy can work with more restaurants, grow its delivery network, and keep creating incredible features that will improve the ordering process.

11. Zomato

Leading Restaurant Company in India for Food Deliveries

Key Facts

Founders: Deepinder Goyal and Pankaj Chaddah
CEO: Deepinder GoyalDeepinder Goyal
Headquarters: Gurgaon, Haryana, India
Industry: Restaurant
Funds Raised: $3.4 billion
Number of Employees: 6,173

Zomato is a leading food delivery and restaurant platform in multiple countries worldwide. Apart from food delivery, Zomato provides table reservation services, which are helpful for users who want to eat out, ensuring hassle-free dining experiences.

With only a search of a customer's preferred restaurants, users of Zomato can find cafes, eateries, and other food-related businesses nearby.

Interestingly, Zomato hosts food-related events and get-togethers in several cities, drawing together food enthusiasts to discover new cuisines, explore fresh content, connect with other foodies, and interact with nearby eateries.

Over the years, this multinational food delivery company has expanded its operations to over 25 countries.

12. Freshworks

Best Saas-CRM Unicorn Company in India

Key Facts

Founders: Girish Mathrubootham
CEO: Girish Mathrubootham
Headquarters: San Mateo, California, United States
Industry: CRM (Customer Relationship Management)
Funds Raised: $484 million
Number of Employees: 4,900

Freshworks is a unique tech startup that develops amazing tools to assist companies globally in offering fantastic customer service.

Businesses use its software, such as Freshdesk, Freshchat, and Freshservice, to respond to customer inquiries, address their issues, and guarantee user satisfaction.

Freshworks is the unseen hand behind everything, whether you are chatting online with a customer service agent or asking for help with a problem.

This fintech company has received recognition in several industry reports, including Forbes Cloud 100 and the Gartner Magic Quadrant for customer engagement center CRM.

Freshworks is not just a software company but a group of people with a mission to change the nature of work and give more people a chance to succeed.

Freshsales is a software that the company launched as its second product. Improved and more efficient customer service is the goal shared by Freshworks and its venture partners.

13. UpGrad

Best EdTech Unicorn Company in India for Online Coaching

Key Facts

Founders: Ronnie Screwvala
CEO: Ronnie Screwvala
Headquarters: Mumbai, India
Industry: Education
Funds Raised: $668.2 million
Number of Employees: 3,000

UpGrad is a unique online learning platform that offers students worldwide access to high-quality education. This EdTech company provides many courses, from degree to short-term certificate programs.

Most courses are designed by leading universities and industry experts and delivered through various formats, including live lectures, recordings, and assignments.

UpGrad offers mentorship and career guidance to its students for all-round excellence. With the support of Prosus Ventures, UpGrad has received funding to expand its platform, develop new courses, and reach more learners.

14. MakeMyTrip

Best Online Travels in India

Key Facts

Founders: Deep Kalra
CEO: Rahul Garg
Headquarters: Gurugram, Haryana, India
Industry: Transportation
Funds Raised: $738 million
Number of Employees: 3,338

MakeMyTrip is one of India's top online travel companies, providing services such as airline tickets, domestic and international holiday packages, hotel reservations, and rail and bus tickets.

This ultimate travel companion company helps visitors plan and book every aspect of their journey quickly and conveniently.

The MakeMyTrip route planner feature allows users to access basic information on over one million routes across India.

In 2012, online travelers launched travel mobile applications for Windows Phone, iPhone, Android, and Blackberry devices.

MakeMyTrip provides flights, places to stay, villas, holiday packages, forex, and hotel booking services on mobile apps.

Travel management is seamless with the help of Alpha Wave Global, which makes it simpler for travel agencies to meet the demands of their staff effectively.

In May 2021, the unicorn company partnered strategically with Amazon to provide travel services.

This online travel company provides information on distance, available modes of transport (flights, trains, buses, cabs), estimated duration, and fares. Not only that, the company owns and operates its bus ticketing business.

15. Nykaa

Leading eCommerce Unicorn Company in India for Cosmetics

Key Facts

Founders: Falguni Nayar
CEO: Rahul Garg
Headquarters: Mumbai, Maharashtra, India
Industry: Cosmetics
Funds Raised: $215.4 million
Number of Employees: 5,074

Nykaa is a leading eCommerce platform that sells a wide range of cosmetics, skin, and fashion products through its website, mobile app, and over 100 physical stores. As of 2020, it retails over 2,000 brands and 200,000 products across its platforms.

This cosmetic company hosts beauty and fashion content via Nykaa TV on their YouTube channel.

Nykaa provides financial and social support in education, health, women's rights and empowerment, rural development, and disaster management.

Customers can trust the platform to offer everything interested visitors need to look good while exploring different beauty products.

Nykaa functions as a one-stop destination for all things beauty, offering its users convenience, variety, and expert advice.

With the support of Elevation Capital, the eCommerce company has received funding to expand its products, enhance its customer experience, and grow its market presence.

16. Policy Bazaar

Best Insurance Unicorn Company in India

Key Facts

Founders: Yashish Dahiya, Alok Bansal, Avaneesh Nirjar
CEO: Rahul Garg
Headquarters: Gurgaon, Haryana, India
Industry: Insurance
Funds Raised: $904.9 million
Number of Employees: 13,310

Policy Bazaar is among the most popular and trusted insurance companies in India. The unicorn company offers users a website and an app to compare insurance policies and other financial services provided by well-known companies.

Clients can use the Policy Bazaar website to research, compare, and buy insurance policies from other providers.

Insurance companies providing health care, life, corporate, vehicle, and travel insurance are Policy Bazaar's business partners.

Like a big market, Policy Bazaar helps customers understand their options and find the best policy to protect themselves and their belongings.

Chiratae Ventures is a company that invests in businesses like Policy Bazaar to help them grow, succeed, and be effective.

Policy Bazaar's role in the supply chain streamlines the purchasing process by providing a centralized platform for consumers to access multiple insurance options effortlessly.

17. CoinDCX

Best Unicorn Company in India for Cryptocurrency Exchange

Key Facts

Founders: Submit Gupta and Neeraj Angeles
CEO: Submit Gupta
Headquarters: Mumbai, India
Industry: Cryptocurrency
Funds Raised: $247 million
Number of Employees: 526

CoinDCX is a unicorn startup where customers can seamlessly buy and sell digital currencies, such as cryptocurrencies, for exchange. With an emphasis on security and compliance, CoinDCX is renowned for its user-friendly interface.

The Reserve Bank of India oversees the business, which complies with all relevant AML (anti-money laundering) and KYC (know your customer) regulations.

Many different cryptocurrencies are available for trading on this cryptocurrency exchange, including well-known choices like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC).

Users can trade these digital assets against one another or fiat currencies such as US dollars (USD) or Indian rupees (INR).

CoinDCX is part of the growing ecosystem of Indian startups exploring and leveraging digital currencies' potential, offering users a simple and secure means to engage with cryptocurrencies within the Indian market.

Impressively, within a relatively short period, the cryptocurrency exchange company has increased its reach and expertise to deliver the best to customers.

Coinbase Ventures, a significant investor in cryptocurrency-related companies, has supported CoinDCX to help it grow and succeed.

18. Pine Labs

Best Tech Company in India for Financial Payments

Key Facts

Founders: Lokvir Kapoor
CEO: Amrish Rau
Headquarters: Noida, India
Industry: Payment Processing
Funds Raised: $1.2 billion
Number of Employees: 3,527

Pine Labs is an Indian financial technology company that provides payment and merchant solutions in over 10 countries and serves over 150,000 merchants.

This fintech company provides eCommerce integration services, allowing merchants to accept online payments seamlessly. Users enjoy secure checkout options for online transactions and integrating payment gateways with their websites or mobile applications.

Pine Labs offers payment acceptance solutions for merchants, including point-of-sale (POS) terminals, QR codes, and online payment gateways.

This financial technology company provides value-added services like loyalty programs, gift cards, and analytics.

The unicorn company strongly focuses on innovation and has developed several patent-pending technologies. Nexus Ventures is a company that supports and invests in businesses like Pine Labs to help them grow and improve.

19. HighRadius

Best AI-Powered Fintech Platform in India

Key Facts

Founders: Sashi Marshato
CEO: Sashi Narahari
Headquarters: Noida, India
Industry: Financials
Funds Raised: $475 million
Number of Employees: 4,017

Highradius is a top-notch AI-powered, data-driven fintech enterprise software service (SaaS) platform offering self-managing software for easy and seamless cash, treasury, and record-keeping and reporting.

The fintech company is the world's number one data-driven AI software platform that helps optimize working capital, fast-track financial close, and improve productivity.

HighRadius is a SaaS company that develops artificial intelligence based on order-to-cash and treasury management software for users.

Venture capital company Ribbit Capital has invested in offering effective solutions for handling treasury and accounts receivable procedures.

20. Zetwerk

Best Manufacturing Unicorn Company in India

Key Facts

Founders: Srinath Ramakkrushnan, Vishal Chaudhary, and Rahul Sharma
CEO: Amrit Acharya
Headquarters: Bengaluru, India
Industry: Manufacturing
Funds Raised: $798.3 million
Number of Employees: 1,611

Zetwerk is a technology-driven platform connecting businesses with manufacturing partners to produce custom components, parts, and products.

This manufacturing company joined the unicorn club on August 20, 2021, and became India’s youngest billion-dollar company.

Businesses can use Zetwerk to efficiently source effective manufacturing services for various industries, including automotive, aerospace, and construction companies.

The platform facilitates transparency, quality assurance, and cost optimization throughout the manufacturing supply chain.

Zetwerk offers high-quality production, globally competitive costs, and unparalleled lead times in every manufacturing area.

Suppose a business wants to develop a brand-new type of skateboard. In that case, Zetwerk is the perfect location to locate the ideal factory to make it precisely what customers want.

By leveraging Zetwerk's platform, profitable companies can efficiently source custom-manufactured goods, reduce costs, and optimize their supply chain operations.

21. BlackBuck

Best Logistics Company in India

Key Facts

Founders: Rajesh Yabaji, Chanakya Hridaya
CEO: Rajesh Yabaji
Headquarters: Bangalore, India
Industry: Logistics
Funds Raised: $364 million
Number of Employees: 1,769

BlackBuck is one of India's largest truck aggregators, focusing on solving Indians' transportation and logistics problems.

Today, BlackBuck boasts of being one of the largest trucking networks in India, equipped with freight and fleet management technology platforms.

This logistics company has a collection of about 12,000,000 plus trucks and extends its services to more than 2,000+ locations with 15,000+ happy clients.

BlackBuck has obtained unicorn status after securing new funds for the benefit of its customers. The startup developed a simplified app for truck drivers in India who are not literate to help them accept work and easily navigate to their destination using Google Maps.

To keep technology at the core, BlackBuck is redefining the process for a sustainable tech community.

22. Droom

Best Automobile Platform in India For Buying and Selling

Key Facts

Founders: Sandeep Aggarwal, Rishab Malik
CEO: Sandeep Aggarwal
Headquarters: Gurugram, India
Industry: eCommerce
Funds Raised: $333 million
Number of Employees: 385

Droom is India’s largest automobile online platform for buying and selling new and used automobiles. On the marketplace run by the company, products are sold, including used cars, motorbikes, scooters, and other automotive items.

This eCommerce platform has an estimated 600,000 automobiles and dominates with a massive 80% market share of automobile transactions online.

Droom helps its customers to buy and sell automobiles and other products seamlessly. TVS Capital is a private equity firm that funds Droom's operations to support the company's expansion.

23. OfBusiness

Best Fintech Unicorn Company for Raw Materials

Key Facts

Founders: Asish Mohapatra, Bhuvan Gupta, Ex Chandranshu Sinha, Nitin Jain, Ruchi Kalra, Srinath Ramakkrushnan, and Vasant Sridhar
CEO: Asish Mohapatra
Headquarters: Gurugram, India
Industry: eCommerce
Funds Raised: $878.1 million
Number of Employees: 865

OfBusiness is a technology platform that facilitates raw material procurement for small and medium enterprises. This fintech company supports small businesses by providing services to help them grow and succeed in the competitive business world.

The unicorn startup focuses primarily on manufacturing and construction materials for industries.

OfBusiness offers loans to medium enterprises, helping customers get the funding they need to expand, purchase, or invest in equipment.

Hummingbird Ventures can be likened to business in India, as both entities focus on supporting and accelerating the growth of innovative startups.

24. ShareChat

Best Media and Technology Company in India for Communication

Key Facts

Founders: Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan
CEO: Ankush Sachdeva
Headquarters: Bengaluru, Karnataka
Industry: Media
Funds Raised: $1.7 billion
Number of Employees: 2,200

ShareChat provides a platform for users to express themselves, connect with others, and discover trending content in multiple languages.

This media platform offers users multiple options to express themselves through audio chat rooms, photo and video posts, status updates, blogging, and direct messaging in 15 Indian languages.

ShareChat functions as the “office supplies” of social media, offering users the resources and instruments they need to engage and communicate. Moj is also the parent company that oversees ShareChat's growth and improvement.

Customers can create and share their posters and creative content on ShareChat's platform, facilitating user-generated content creation.

ShareChat features trending content, helping users discover popular posts and topics on the website.

25. VerSe Innovation

Best Media and Entertainment Company in India

Key Facts

Founders: Virendra Gupta
CEO: Virendra Gupta
Headquarters: Bengaluru, Karnataka, India
Industry: Entertainment
Funds Raised: $1.7 billion
Number of Employees: 847

VerSe Innovation is a platform that uses new and creative approaches within industrial tools to improve processes, products, or services. Smart people work together to develop new ideas and inventions that make life better and more exciting.

An amazing local language technology platform currently powering two of the leading names among the Indian applications – Josh and Daily Hunt- and boasts a fantastic reach of over 300 million users.

This entertainment platform raised nearly $100 million in December 2020 from investors, including Google, Microsoft, Falcon Edge’s Alpha Wave Incubation, Sequoia Capital India, and Sofina Group.

VerSe Innovation is the 10th Indian startup to attain the unicorn valuation status in 2020. This entertainment company facilitates content curation and tracks user preferences through recommendation tools.

Hindustan Media Ventures embraces VerSe Innovation by creatively exploring new and unique ways to deliver news and information to the audience.

26. PharmEasy

Best Healthcare Unicorn Company in India

Key Facts

Founders: Dharmil Sheth, Dhaval Shah, Harsh Parekh, Siddharth Shah and Hardik Dedhia
CEO: Siddharth Shah
Headquarters: Mumbai, India.
Industry: Pharmaceuticals
Funds Raised: $1.4 billion
Number of Employees: 519

PharmEasy is a leading online healthcare platform based in India with a mission to change the state of healthcare in India completely.

This platform provides various healthcare products, including medicines, diagnostic tests, doctor consultations, and wellness products, accessible through the website or mobile app.

One of PharmEasy's primary goals is its medicine delivery service, which allows users to upload their prescriptions through the app.

PharmEasy facilitates the delivery of medicines to their doorstep. This convenient service saves users time and effort by removing the need to visit a physical pharmacy.

Through the creative use of technology, PharmEasy's healthcare delivery model has improved access, affordability, and convenience for millions of people.

PharmEasy has experienced rapid growth and expansion, forging partnerships with pharmacies, diagnostic centers, and healthcare providers, expanding its reach and service offerings to cater to a broader audience.

27. MyGlamm

India's N01 Direct-to-Consumer Makeup Brand

Key Facts

Founders: Darpan Sanghvi
CEO: Priyanka Gill
Headquarters: Mumbai, India
Industry: Cosmetics
Funds Raised: $138.4 million
Number of Employees: 97

MyGlamm is an Indian beauty and personal care company founded in 2017. The unicorn company strongly focuses on D2C (direct-to-consumer) sales, offering a wide range of products, including skincare, hair care, makeup, and fragrances.

Through social media, influencer partnerships, and community events, MyGlamm engages with its community of customers and beauty enthusiasts.

The brand promotes user-generated content, reviews, and feedback to create a feeling of community and belonging among its customers.

Collaboration with celebrities, models, influencers, and makeup artists to create exclusive collections and products is one of MyGlamm's stay-on-trend appeals to its target audience.

MyGlamm provides an innovative shopping experience through its website and mobile app, offering virtual try-on tools, personalized product recommendations, and interactive tutorials.

Customers can make informed purchasing decisions and discover new beauty looks and techniques.

MyGlamm is popular for its innovative and sustainable products and has received several awards. With Good Glam Group, MyGlamm has received support to develop its products, expand its market presence, and enhance its customer offerings.

28. CRED

Best Fintech Unicorn Company in India for Financial Planning

Key Facts

Founders: Kunal Shah
CEO: Kunal Shah
Headquarters: Bangalore, Karnataka, India
Industry: Financials
Funds Raised: $801.5 million
Number of Employees: 800

CRED is an Indian fintech company with a members-only credit card platform that rewards members with CRED coins on all mobile payments made via the app.

As one of the top startups in India, CRED partners with the best premier and luxury brands to bring you an unmatched experience at the end of every credit card bill payment cycle.

The use of personalized financial planning tools helps to guide customers as they embark on a financial journey.

In 2021, Cred's advertising content and videos created a stir on social media due to its peculiarity. With Faering Capital's support, CRED has received funding to grow its platform and expand its user base.

Insight Partners, a private equity and venture capital firm, has invested in CRED to expand its platform, develop new features, and reach more users. With over 6 million registered users, this platform has partnered with over 80 credit card issuers.

29. Meesho

Best Social Commerce Platform for Selling Products

Key Facts

Founders: Vidit Aatrey, Sanjeev Barbwal
CEO: Vidit Aatrey
Headquarters: Bangalore, Karnataka
Industry: eCommerce
Funds Raised: $1.1 billion
Number of Employees: 10,372

Meesho is an Indian social commerce platform that enables individuals to start and grow their online businesses by selling products via social media channels such as WhatsApp, Facebook, and Instagram.

Interestingly, the app offers a user-friendly interface with product-sharing tools, order management, and in-app messaging for customer communication.

This online social commerce platform is a reseller platform that connects suppliers, manufacturers, and wholesalers with micro-entrepreneurs.

Resellers can browse a catalog of products across various categories, like fashion, beauty, home decor, electronics, and more, and promote and sell these products to their network of contacts.

One of Meesho's key features is its zero-investment model, which allows individuals to start their businesses without any upfront investment or inventory holding.

Clients can choose products from the Meesho catalog, share them with their contacts, and earn a commission on each sale.

30. Urban Company

Best Unicorn Company in India for Home Services

Key Facts

Founders: Abhiraj Singh Bhal, Varun Khaitan
CEO: Abhiraj Singh Bhal
Headquarters: Gurugram, India
Industry: Home Services
Funds Raised: $445.9 million
Number of Employees: 5,803

Urban Company (formerly known as Urban Clap) is a leading Indian online marketplace for home services. This online platform offers cleaning, plumbing, and beauty services.

Customers can book or make reservations through the Urban Company website for one-time and recurring appointments. The platform offers flexible scheduling options and real-time tracking of service appointments.

Providing a user-friendly platform on the mobile app, customers can easily browse services, compare prices, read reviews, and book appointments with professionals of their choice.

Urban Company maintains transparency by providing upfront quotes to customers before booking. Customers can view service prices, select add-ons or customizations as needed, and make payments securely through the platform.

This online marketplace company prioritizes its customers' and service professionals' safety and well-being.

The unicorn company implements strict safety protocols and hygiene standards, including using PPE (personal protective equipment) and sanitization practices.

31. Infra.Market

Best B2B eCommerce in India for Variety of Products

Key Facts

Founders: Souvik Sengupta and Aaditya Sharda
CEO: Aaditya Sharda
Headquarters: Mumbai, India
Industry: Construction
Funds Raised: $658.7 million
Number of Employees: 2,459

Infra.Market is a platform that supplies construction materials and related products to contractors, real estate developers, and construction companies.

As a business-to-business (B2B) marketplace, Infra.Market provides many building supplies, including cement, steel, tiles, plumbing fixtures, and electrical components.

This Indian unicorn company has the support of top partners like Accel, Tiger Global, InnoVen Capital, and Nexus Venture Partners,

Infra.Market offers a one-stop solution for sourcing high-quality construction materials at competitive prices, with features such as transparent pricing, bulk discounts, and timely delivery.

The platform connects suppliers, manufacturers, and distributors with construction professionals, providing a convenient and transparent marketplace for sourcing materials.

Infra.Market provides suppliers access to a larger customer base, improved visibility into market demand, and tools for optimizing inventory management and pricing strategies.

32. Digit Insurance

Best Insurance Company in India

Key Facts

Founders: Kamesh Goyal and Amitabh Chaudhry
CEO: Kamesh Goyal
Headquarters: Mumbai, India
Industry: Insurance
Funds Raised: $585.6 million
Number of Employees: 2,052

Digit Insurance is a technology-driven insurance company based in India. This fintech company provides various insurance services, including car, health, and travel insurance.

The company’s website and app are user-friendly, which makes it easy for customers to purchase and manage their policies.

Digit Insurance has shown steady growth since its founding and is supported by solid financial resources. Prominent investors have contributed to the company's capital, which is well-positioned financially to meet its insurance obligations and fund its growth objectives.

With Norwest Venture Partners' support, digital insurance companies can develop and enhance their online platforms, offer a wider range of insurance products, and improve customer experiences.

33. Innovaccer

Best Healthcare Tech Company in India

Key Facts

Founders: Abhinav Shashank, Kanav Hasija, and Sandeep Gupta
CEO: Abhinav Shashank
Headquarters: San Francisco, California, United States
Industry: Healthcare
Funds Raised: $379.1 million
Number of Employees: 1,441

Innovaccer is a healthcare technology company that was founded in 2012. The platform helps organizations use data to improve healthcare delivery, population health, and financial performance.

To provide a thorough picture of patient and population health trends, the healthcare tech additionally cleans, normalizes, and enriches the data.

Innovaccer serves diverse customers, including healthcare providers, payers, accountable care organizations (ACOs), and healthcare technology companies. Medical organizations of all sizes use the company's health diagnoses, from small clinics to large health systems.

Healthcare organizations benefit greatly from Innovaccer's health examinations, which help them achieve better clinical and financial outcomes, optimize resource utilization, improve patient engagement, and improve care coordination.

Steadview Capital is a venture firm that has invested in Innovaccer to expand its customer base and enhance its healthcare solutions.

34. Groww

Best Investment Unicorn Company in India

Key Facts

Founders: Kevin Sandhu & Daniel Cowx
CEO: Lalit Keshre
Headquarters: Koramangala, Bangalore
Industry: Financials
Funds Raised: $393.3 million
Number of Employees: 1,035

Groww is one of India's most popular online investment platforms that helps its customers achieve their investment goals. The parent company of Groww is Nextbillion Technology.

This mutual fund investment platform offers direct investments in stocks, digital gold, and exchange-traded funds. Groww teaches you how to invest money, new things about money, and how to manage it wisely.

Nexus Venture provides a user-friendly interface for buying and managing investments. Groww’s app is designed with a unique but straightforward feature for new visitors, even if you're new to investing.

With Helion Venture Partners' support, Groww has received funding to expand its platform, develop new features, and reach more users.

35. Gupshup

Best Enterprise Tech Company in India for Communication

Key Facts

Founders: Beerud Sheth
CEO: Beerud Sheth
Headquarters: San Francisco, California
Industry: Communication
Funds Raised: $484.1 million
Number of Employees: 1,108

Gupshup is a messaging platform designed to automate business conversations. This unicorn platform is a software company that offers valuable services such as SMS, email, voice, and IP messaging.

The artificial intelligence-powered messaging app allows clients to engage with intelligent chatbots for various tasks, join groups, and converse with friends.

In April 2021, Gupshup raised a $100 million Series F funding round led by Tiger Global at a valuation of $1.4 billion, becoming a unicorn.

Harbour Spring Capital is an investment firm that has invested in Gupshup to enhance its messaging platform, develop new features, and expand its reach to more businesses and users.

36. Eruditus

Best EdTech Unicorn Company in India For Learning

Key Facts

Founders: Chaitanya Kalipatnapu and Ashwin Damera
CEO: Ashwin Damera
Headquarters: Mumbai, Maharashtra, India
Industry: e-Learning
Funds Raised: $814 million
Number of Employees: 650+

Eruditus is a company that helps other businesses and universities create online courses from which users can learn.

This Edutech company boasts of partnering with over 30 universities, such as MIT, Columbia, and Harvard Business School, with more than 100 courses extending to students from over 80 countries.

Students can access classes taught by experts from top universities and companies to learn new skills and knowledge without leaving their homes.

Eruditus provides global access to executive education programs. The Eruditus Executive Education offers the best executive education programs from the world's top business schools.

Users enjoy executive learning programs like data science and technology, banking, and finance.

37. Chargebee

Best Unicorn Company in India For Financial Services

Key Facts

Founders: Krish, Rajaraman, KPS, and Thiyagu
CEO: Krish Subramanium
Headquarters: San Francisco, California
Industry: Financials
Funds Raised: $218.17 million
Number of Employees: 1,105

Chargebee is a SaaS company that provides subscription and recurring billing-based SaaS and e-commerce services like invoices, taxes, SaaS metrics, accounting, and customer management.

The unicorn company sets up different subscription plans, like monthly or yearly, and makes sure customers are billed correctly.

Chargebee is like a digital cashier for online businesses. The SaaS startup has gathered 3,000 customers, most from America, Europe, and India.

38. Zeta

Best Fintech Unicorn Company in India For Digital Payments

Key Facts

Founders: Bhavin Turakhia
CEO: Bhavin Turakhia
Headquarters: Mumbai, Maharashtra
Industry: Payment Processing
Funds Raised: $280 million
Number of Employees: 1,783

Zeta is a financial technology company that offers digital banking and payment solutions to enable users to manage their money easily through mobile apps and online platforms.

The unicorn company aims to include expense tracking, budgeting tools, and payment processing for individuals and businesses.

With Zeta, users can monitor their spending, set budgets, and make payments conveniently, all from their smartphones or computers.

Zeta is a top-notch budgeting app for couples that integrates personal and shared accounts, including bank accounts, loans, and credit cards.

So far, the website has over 2 million users with over 1 million transactions daily, making it convenient for users to handle their finances efficiently.

39. BrowserStack

Best Unicorn Company in India For Cloud Infrastructure and Software

Key Facts

Founders: Ritesh Arora, Nakul Aggarwal
CEO: Ritesh Arora
Headquarters: Mumbai, India
Industry: App Testing
Funds Raised: $250 million
Number of Employees: 900

BrowserStack is a unique cloud web and mobile testing platform that allows trained developers to test their websites and mobile applications across on-demand browsers, operating systems, and real mobile devices.

This software helps to catch any bugs or problems before the website goes live, ensuring a smooth experience for everyone who visits the site.

BrowserStack has five primary products: Live, App Live, Automate, App Automate, and Percy. Web and mobile application developers use BrowserStack to ensure their products work perfectly on all devices, from phones to laptops.

Wellington Management is an investment firm that provides funding and support to BrowserStack, helping it grow and innovate its services.

40. Paytm

Best eCommerce Finance Company in India For Mobile Payments

Key Facts

Founders: Vijay Shekhar Sharma
CEO: Vijay Shekhar Sharma
Headquarters: Noida, Uttar Pradesh, India
Industry: Payment Processing
Funds Raised: $4.92 billion
Number of Employees: 15,665

Paytm (an acronym for “pay through mobile”) is an Indian multinational financial technology company that specializes in seamless digital payments and other financial services.

This finance company provides mobile payment services to consumers while enabling merchants to receive payments through QR codes, Payment Soundbox, Android-based payment terminal, and online payment gateway.

Apart from basic transactions like bill payments and money transfers, the company provides ticketing services, retail brokerage products, and online games.

Paytm is one of the biggest unicorn startups in India, among the largest digital payment service providers, with a market share of 11.63%.

The fintech startup is famous for its payment gateway service, which helps consumers make seamless payments to the seller from their bank accounts.

Paytm entered the unicorn club in 2015 with a valuation of over $7 billion, which increased to $16 billion in 2020. The mobile app helps people book tickets for cricket matches, live entertainment shows, and sports games online.

41. Paytm Mall

Best eCommerce Unicorn Company in India

Key Facts

Founders: Vijay Shekhar Sharma
CEO: Vijay Shekhar Sharma
Headquarters: Delhi NCR, Delhi, India
Industry: eCommerce
Funds Raised: $795 million
Number of Employees: 698

Paytm Mall is an online and mobile marketplace exclusively for shopping purposes where customers can earn discounts using various coupons.

This eCommerce company offers products within categories like beauty and personal care, home and kitchen, sports and health, appliances, mobile phones, laptops and electronics, cars, and bikes.

Paytm Mall offers a convenient way to shop without going to physical stores, and you can often find good deals and discounts.

42. Zerodha

Best Investment Unicorn Company in India for Stocks, Derivatives, and Mutual Funds

Key Facts

Founders: Nithin Kamath & Nikhil Kamath
CEO: Nithin Kamath
Headquarters: India, Bangalore
Industry: Investment
Number of Employees: 2,425

Zerodha is an Indian fintech startup that offers investment in retail and institutional broking, currencies and commodities trading, mutual funds, and bonds.

In June 2020, Zerodha entered the “unicorn club” with a self-valuation of around $1 billion. Zerodha offers educational resources to help you understand investing more and how the stock market works.

The unicorn company helps you keep track of how your investments are doing. You can see if they're going up or down in value.

This fintech company is a virtual gateway that seamlessly makes buying and selling stocks, mutual funds, and other financial instruments.

43. ReNew

Best Renewable Energy Company in India for Electricity

Key Facts

Founders: Sumant Sinha
CEO: Nothing Kamath
Headquarters: Gurgaon, Haryana, India
Industry: Renewable Energy
Funds Raised: $12.7 billion
Number of Employees: 1,382

ReNew is a company that focuses on providing renewable energy solutions. This unicorn company works on projects related to solar power, wind energy, and other sustainable sources of electricity.

The company's main goal is to reduce reliance on nonrenewable resources like coal and oil, helping to protect the environment and create a more sustainable future.

ReNew can achieve this by developing and implementing innovative technologies that harness the power of nature to generate clean energy.

The company has funded initiatives that have impacted over a million people, including climate education, school electrification, women in energy, and water conservation. ReNew’s current valuation is $8 billion, making it one of India's most valuable companies.

44. BigBasket

Best eCommerce Grocery Brand in India

Key Facts

Founders: V. S. Sudhakar, Hari Menon, V.S.Ramesh, Vipul Parekh, Abhinay Choudhari
CEO: Hair Menon
Headquarters: Bangalore, India
Industry: eCommerce
Funds Raised: 1.5 billion
Number of Employees: 14,650

BigBasket is India's largest online grocery store, offering thousands of products, including fruits and vegetables, meats, spices, toiletries, baby products, and pet food. You browse their website or app, add items to your virtual shopping cart, and checkout.

This eCommerce company offers products with various payment options, including cash on delivery and online. BigBasket has launched three new businesses: BB Daily, BB Instant, and BB Beauty.

45. Udaan

Best B2B Trading Platform in India

Key Facts

Founders: Amod Malviya, Sujeet Kumar
CEO: Vaibhav Gupta
Headquarters: Bangalore, India
Industry: eCommerce Trading
Funds Raised: $2 billion
Number of Employees: 12,166

Udaan is a B2B e-commerce platform that offers top-notch wholesale product solutions to different vendors in all categories. This eCommerce company is a digital marketplace enabling businesses to conduct trade efficiently and effectively.

Manufacturers, wholesalers, traders, and retailers are connected, allowing them to buy and sell goods online.

Udaan operates as a marketplace where businesses can buy and sell goods in categories like electronics, fashion, home goods, and more.

Venture Highway is an investment firm that provides funding and support to early-stage technology startups in Udaan.

Explore Further

• Top IT Companies in the World
• Future of Technology in India
• Top Software and IT Companies In India
• Top Indian Startups To Watch
• Top Best Young Indian Entrepreneurs
• Top Entrepreneurs of India
• Best eCommerce Platforms in India
• How to Start a Business in India

Was This Article Helpful?