India is one of the world’s fastest-growing startup ecosystems. Investors are actively taking interest in investing in Indian startups. Indian people are also taking interest in entrepreneurship. India is also now seeing several startups with Unicorn status.
The term ‘unicorn’ within the startup ecosystem was personified by venture capitalist Aileen Lee in 2013. A startup becomes a unicorn after getting a valuation of over $1 Billion. Unicorns with a valuation of $10 billion are called decacon.
India got its first Unicorn in 2011 when InMobi became India’s first Unicorn. India only had 10 Unicorn startups until 2016 and 38 unicorns by 2020. The Indian startup ecosystem saw a huge boost in terms of investment. In 2021 alone, India saw 43 new unicorns. Now India has more than 100 unicorns. Some of the companies once managed to become unicorn but lost valuation later. If you want to check the complete list of Indian Unicorns, keep scrolling. We have made a complete list of Indian startups with the month and year when the company became a unicorn. The list is sorted by the year the company became a unicorn.
India’s Unicorn Club
| Startup | Industry | Unicorn Entry Year | Headquarter | Primary Investors | |
| 104 | 1mg | E-Commerce – Health Care – Pharmaceutical | Sep-2022 | Guruguram | Tata Digital |
| 103 | Molbio Diagnostics | Healthtech – Diagnostics | Sep-2022 | Goa | Temasek, Motilal Oswal |
| 102 | Shiprocket | Aggregator – Logistics Services | Aug-2022 | Delhi | Lightrock India, Info Edge, Tribe Capital, Temasek |
| 101 | OneCard | Fintech – Credit Cards | Jul-2022 | Pune | QED Investors, Matrix Partners India, Sequoia Capital India |
| 100 | Leadsquared | SaaS – CRM | Jun-2022 | Bangalore | Stakeboat Capital, Gaja Capital, WestBridge |
| 99 | Purplle | E-Commerce – Personal Care & Cosmetics | Jun-2022 | Mumbai | JSW Ventures, IvyCap Ventures, Blume Ventures, Kedaara Capital |
| 98 | PhysicsWallah | Edtech | Jun-2022 | Noida | GSV Ventures, WestBridge |
| 97 | Open Financial Technologies | Fintech – Neo Bank | May-2022 | Karnataka | 3ONE4 Capital, Tiger Global, Temasek, Speedinvest |
| 96 | Games24x7 | Gaming | Mar-2022 | Mumbai | Tiger Global, Malabar Investments, The Raine Group |
| 95 | Oxyzo Financial Services | Fintech – Marketplace – SME Lending | Mar-2022 | Guruguram | Alpha Wave Global, Matrix Partners India, Tiger Global, Norwest |
| 94 | Amagi Media Labs | SaaS – Local Ads Targeting | Mar-2022 | Bangalore | Avataar Venture Partners, PremjiInvest, Accel India, Norwest |
| 93 | CredAvenue | Marketplace – Lending | Mar-2022 | Chennai | B Capital Group, Insight Venture Partners, Lightrock India, TVS Capital |
| 92 | Hasura | SaaS – Programming Tools | Feb-2022 | Bangalore | Lightspeed Ventures, Nexus Venture Partners, Vertex, Strive VC |
| 91 | Uniphore Software Systems | SaaS – Conversational Service Automation | Feb-2022 | Chennai/Palo Alto | Iron Pillar, March Capital, Chiratae Ventures, NEA |
| 90 | XpressBees Logistics | Logistics Services | Feb-2022 | Pune | InvestCorp Group, Norwest, Gaja Capital, TPG Growth, ChrysCapital |
| 89 | LivSpace | Interior Design – Modular Kitchens & Home Products | Feb-2022 | Bangalore | KKR, Jungle Ventures, TPG Growth, Bessemer, Goldman Sachs |
| 88 | ElasticRun | Logistics Services | Feb-2022 | Pune | SoftBank, Goldman Sachs, Prosus Ventures, Kalaari Capital, Avataar Venture Partners |
| 87 | Polygon | Web3 Infrastructure – Dapps | Feb-2022 | Bangalore | Coinbase Ventures, Sequoia Capital India, Tiger Global, SoftBank |
| 86 | DealShare | E-Commerce – Social Commerce | Jan-2022 | Jaipur | Whiteboard Capital, Z3Partners, Alpha Wave Global, Matrix Partners India, Tiger Global |
| 85 | DarwinBox | SaaS – HR | Jan-2022 | Hyderabad/Singapore | 3ONE4 Capital, Lightspeed Ventures, Sequoia Capital India, TCV, Endiya Partners |
| 84 | LEAD School | Edtech | Jan-2022 | Mumbai | GSV Ventures, WestBridge, Elevar Equity, TPG Growth |
| 83 | Fractal | SaaS – Analytics | Jan-2022 | Mumbai/New York | TPG Capital, TA Associates, Khazanah, Apax Partners |
| 82 | GlobalBees | Aggregator – Consumer Brands | Dec-2021 | Delhi | PremjiInvest, SoftBank Corp, TPG Capital, Steadview Capital |
| 81 | Mamaearth | D2C – Personal Care | Dec-2021 | Guruguram | Sequoia Capital India, Sofina, Sharrp Ventures, Fireside Ventures |
| 80 | Pristyn Care | Healthtech – Elective Surgery Services | Dec-2021 | Guruguram | Tiger Global, Sequoia Capital India, Hummingbird Ventures, Epiq Capital |
| 79 | Slice | Fintech – Credit Cards | Nov-2021 | Bangalore | Tiger Global, Blume Ventures, Das Capital, Simile Venture Partners, Gunosy Capital |
| 78 | Upstox | Fintech – Brokerage | Nov-2021 | Mumbai | Tiger Global, Ratan Tata, Kalaari Capital |
| 77 | Spinny | Marketplace – Used Cars | Nov-2021 | Guruguram | Tiger Global, Blume Ventures, General Catalyst Partners, Elevation Capital, Accel India |
| 76 | NoBroker | Proptech – Classifieds | Nov-2021 | Bangalore | Tiger Global, General Atlantic, Elevation Capital, Beenext, Moore Strategic Ventures |
| 75 | Mensa Brands | Aggregator – Consumer Brands | Nov-2021 | Bangalore | Tiger Global, Alpha Wave Global, Accel India, Norwest, Prosus Ventures |
| 74 | CureFit | Healthtech – Wellness | Nov-2021 | Bangalore | Accel India, Kalaari Capital, Chiratae Ventures, Zomato, Temasek, Endiya Partners |
| 73 | MyGlamm | D2C – Personal Care | Nov-2021 | Mumbai | Amazon, Ascent Capital, Bessemer, Accel India, Wipro Ventures, Kalaari Capital |
| 72 | Acko | Fintech – General Insurance | Oct-2021 | Bangalore | Accel India, Elevation Capital, Amazon, General Atlantic, Multiples PE |
| 71 | Cardekho | Marketplace – Used Cars | Oct-2021 | Jaipur | Sequoia Capital India, Hillhouse Capital, CapitalG, LeapFrog |
| 70 | Rebel Foods | Foodtech – Cloud Kitchen | Oct-2021 | Mumbai | Sequoia Capital India, Lightbox, Coatue Management, RTP Global, QIA, Evolvence India |
| 69 | CoinSwitch | Cryptocurrency Exchange | Oct-2021 | Bangalore | Tiger Global, Sequoia Capital India, Ribbit Capital, Andreessen Horowitz, Coinbase Ventures |
| 68 | Licious | D2C – Meat | Oct-2021 | Bangalore | Mayfield, 3ONE4 Capital, Sistema Asia Fund, Bertelsmann India, Vertex, Multiples PE |
| 67 | Vedantu | Edtech | Sep-2021 | Bangalore | Accel India, Tiger Global, Omidyar Network, WestBridge, ABC World Asia |
| 66 | Apna.co | Marketplace – Jobs | Sep-2021 | Bangalore | Sequoia Capital India, Lightspeed Ventures, Tiger Global, Insight Venture Partners |
| 65 | Mobile Premier League | Gaming | Sep-2021 | Bangalore | Sequoia Capital India, Beenext, Moore Strategic Ventures, RTP Global, VH Capital |
| 64 | Zetwerk | Marketplace – Manufacturing Services | Aug-2021 | Bangalore | Kae Capital, Sequoia Capital India, Accel India, Lightspeed Ventures, D1 Capital Partners |
| 63 | Blinkit^ | E-Commerce – Groceries | Aug-2021 | Guruguram | Tiger Global, Sequoia Capital India, SoftBank, Apoletto, Zomato |
| 62 | Eruditus | Edtech – Executive Education | Aug-2021 | Mumbai/Singapore | SoftBank, Accel, Sequoia Capital India, Bertelsmann India Investments |
| 61 | CoinDCX | Cryptocurrency Exchange | Aug-2021 | Mumbai | B Capital, Coinbase Ventures, Polychain Capital |
| 60 | upGrad | Edtech – Higher Studies | Aug-2021 | Mumbai | Temasek, IFC, Lupa Systems |
| 59 | MindTickle | SaaS – HR – Training | Aug-2021 | Bangalore/San Francisco | SoftBank, Accel India, Qualcomm Ventures, Norwest |
| 58 | BharatPe | Fintech – Payments | Aug-2021 | Delhi | Beenext, Sequoia Capital India, Tiger Global, Steadview Capital |
| 57 | OfBusiness | NBFC – SME Loans | Jul-2021 | Guruguram | SoftBank, Tiger Global, Matrix Partners India, Zodius Capital, Alpha Wave Global |
| 56 | Droom | Marketplace – Used Cars | Jul-2021 | Guruguram | Beenos Partners, Lightbox, Axis Capital Partners, Beenext |
| 55 | BlackBuck | Logistics Services | Jul-2021 | Bangalore | Accel India, Sequoia Capital India, Sands Capital, IFC, Tiger Global |
| 54 | BrowserStack | SaaS – Software Testing | Jun-2021 | Mumbai/Dublin | Accel, Bond Capital, Insight Venture Partners |
| 53 | Zeta | Fintech – API – Banking Products | May-2021 | Bangalore/San Francisco | SoftBank, Mastercard |
| 52 | Moglix | B2B E-Commerce – Industrial Equipment | May-2021 | Noida/Singapore | Accel India, Jungle Ventures, Tiger Global, Sequoia Capital India, IFC |
| 51 | Urban Company | Marketplace – Handyman Services | Apr-2021 | Delhi | Tiger Global, Steadview Capital, Accel India, Elevation Capital, Vy Capital, Prosus Ventures |
| 50 | ChargeBee | SaaS – Subscription Billing Solution | Apr-2021 | Chennai/San Francisco | Tiger Global, Steadview Capital, Sapphire Ventures, Accel India, Insight Venture Partners |
| 49 | Gupshup | Conversational Messaging | Apr-2021 | Mumbai/San Francisco | Tiger Global, Charles River Ventures, Helion Ventures |
| 48 | ShareChat | Social Media | Apr-2021 | Bangalore | India Quotient, Elevation Capital, Lightspeed Ventures, Tiger Global, Twitter |
| 47 | Groww | Fintech – Brokerage & Mutual Funds | Apr-2021 | Bangalore | Sequoia Capital India, Y Combinator, Tiger Global, Ribbit Capital |
| 46 | PharmEasy | E-Commerce – Online Pharmacy | Apr-2021 | Mumbai | Orios VP, Eight Roads Ventures, Temasek, Naspers, Steadview Capital |
| 45 | CRED | Fintech – Payments & Credit Card Rewards | Apr-2021 | Bangalore | Sequoia Capital India, Ribbit Capital, DST Global, Alpha Wave Global |
| 44 | Meesho | E-Commerce – Social Commerce | Apr-2021 | Bangalore | Sequoia Capital India, Elevation Capital, SoftBank, Naspers |
| 43 | FirstCry | E-Commerce – Baby Care Products | Mar-2021 | Pune | Chiratae Ventures, Elevation Capital, Vertex, SoftBank |
| 42 | Five Star Business Finance | NBFC | Mar-2021 | Chennai | Matrix Partners India, Sequoia Capital India, Norwest, Morgan Stanley, TPG Capital |
| 41 | Infra.Market | B2B E-Commerce – Construction Materials | Feb-2021 | Thane | Accel India, Nexus Venture Partners, Tiger Global, Evolvence India |
| 40 | Innovaccer | SaaS – Healthcare Data Analytics | Feb-2021 | Noida/San Francisco | WestBridge, Lightspeed Ventures, M12 (Microsoft), Tiger Global, Steadview Capital |
| 39 | Digit | Fintech – General Insurance | Jan-2021 | Bangalore | Fairfax Holdings, A91 Partners, Faering Capital, TVS Capital |
| 38 | Glance InMobi | Content – Lockscreen | Dec-2020 | Bangalore/Singapore | Mithril Capital, Google |
| 37 | Dailyhunt | Content – News | Dec-2020 | Bangalore | Matrix Partners India, Omidyar Network, Sequoia Capital India, Alpha Wave Global, CPPIB |
| 36 | Zenoti | SaaS – Salon & Spa Management | Dec-2020 | Hyderabad/Bellevue | Accel India, Norwest, Tiger Global, Steadview Capital, Advent International |
| 35 | PhonePe | Fintech – Payments | Dec-2020 | Bangalore | Tiger Global, Tencent |
| 34 | Cars24 | Marketplace – Used Cars | Nov-2020 | Guruguram | Asia Venture Group, Apoletto, Unbound, DST Global, Sequoia Capital India, Alpha Wave Global |
| 33 | RazorPay | Fintech – Payment Gateway | Oct-2020 | Bangalore | Matrix Partners India, Tiger Global, Sequoia Capital India, DST Global |
| 32 | Unacademy | Edtech | Sep-2020 | Bangalore | Blume Ventures, Nexus Venture Partners, Sequoia Capital India, Elevation Capital, General Atlantic, SoftBank, Steadview Capital |
| 31 | Postman | SaaS – API Development & Testing | Jun-2020 | Bangalore/San Francisco | Nexus Ventures, Charles River Ventures, Insight Venture Partners |
| 30 | Nykaa | E-Commerce – Personal Care & Cosmetics | Mar-2020 | Mumbai | Techpro Ventures, TVS Capital, Sharrp Ventures, TPG Growth, Steadview Capital |
| 29 | Pine Labs | Fintech – PoS Payment Solutions | Jan-2020 | Noida | Sequoia Capital India, New Atlantic Ventures, Altimeter Capital, Temasek, Mastercard |
| 28 | Lenskart | E-Commerce – Eyewear | Sep-2019 | Delhi | SoftBank, Kedaara Capital, TPG, Chiratae Ventures, TR Capital |
| 27 | Ola Electric | Mobility – Electric | Jul-2019 | Bangalore | SoftBank, Tiger Global, Matrix Partners |
| 26 | CitiusTech | IT Services – Healthcare | Jul-2019 | Mumbai/Princeton | General Atlantic, Baring Asia |
| 25 | Icertis | SaaS – Contract Management | Jul-2019 | Pune/Bellevue | Eight Roads, B Capital, PremjiInvest |
| 24 | Druva Software | SaaS – Data Management | Jun-2019 | Pune/Sunnyvale | WestBridge, Nexus Ventures, Sequoia Capital |
| 23 | Dream11 | Gaming | Apr-2019 | Mumbai | Kalaari Capital, Tencent, Multiples PE, Steadview, Alpha Wave Global |
| 22 | BigBasket | E-Commerce – Groceries | Mar-2019 | Bangalore | Ascent Capital, Helion Ventures, Bessemer, IFC, Alibaba |
| 21 | Rivigo | Logistics Services – Trucks | Feb-2019 | Guruguram | Elevation Capital, Warburg Pincus |
| 20 | Delhivery | Logistics Services | Jan-2019 | Guruguram | Nexus Ventures, Multiples PE, Tiger Global, Carlyle, SoftBank, Fosun Group, Steadview Capital |
| 19 | BillDesk | Fintech – B2B Payments | Nov-2018 | Mumbai | SIDBI VC, TA Associates, General Atlantic |
| 18 | Udaan | B2B E-Commerce | Sep-2018 | Bangalore | Lightspeed Ventures, DST Global, Tencent |
| 17 | OYO Rooms | Proptech – Hotel Booking | Sep-2018 | Guruguram | Lightspeed Ventures, Sequoia Capital, SoftBank |
| 16 | Freshworks | SaaS – CRM | Jul-2018 | Chennai/San Mateo | Accel, Tiger Global, Google, Sequoia Capital, Steadview Capital |
| 15 | PolicyBazaar | Fintech – Insurance | Jun-2018 | Guruguram | Info Edge, Intel, Inventus Capital, Tiger Global, SoftBank, Tencent, Steadview Capital |
| 14 | Swiggy | Foodtech | Jun-2018 | Bangalore | Accel, Elevation Capital, Norwest, Naspers, Tencent, Invesco |
| 13 | PayTM Mall | E-Commerce | Apr-2018 | Noida | Elevation Capital, Alibaba, SoftBank, eBay |
| 12 | BYJUS | Edtech | Jan-2018 | Bangalore | Aarin Capital, Sequoia Capital, Lightspeed Ventures, Tencent, General Atlantic, Tiger Global |
| 11 | ReNew Power | Renewable energy | May-2017 | Guruguram | Abu Dhabi Investment Authority, OPOC, Goldman Sachs |
| 10 | Hike | Social Media – Messaging | Aug-2016 | Delhi | Tiger Global, Tencent, Foxconn |
| 9 | ShopClues | E-Commerce | Jan-2016 | Guruguram | Nexus Ventures, Helion Ventures, Beenos, Tiger Global, Others |
| 8 | Zomato | Foodtech | Sep-2015 | Guruguram | Info Edge, Sequoia Capital, Vy Capital, Alibaba, Steadview Capital |
| 7 | Quikr | Marketplace – Classifieds | Apr-2015 | Bangalore | Matrix Partners, Omidyar Network, Norwest, Kinnevik, Steadview Capital |
| 6 | Ola Cabs | Mobility – Ride Aggregator | Mar-2015 | Bangalore | Tiger Global, Matrix Partners, Steadview, SoftBank, Tencent |
| 5 | PayTM | Fintech – Payments & Wallet | Feb-2015 | Noida | Saama Capital, Elevation Capital, Alibaba, Berkshire Hathway |
| 4 | Snapdeal | E-Commerce | Oct-2014 | Delhi | Kalaari Capital, Nexus Ventures, Bessemer, SoftBank, Alibaba |
| 3 | Mu Sigma | SaaS – Analytics | Feb-2013 | Bangalore/Chicago | Accel, Sequoia Capital, General Atlantic |
| 2 | Flipkart | E-Commerce | Feb-2012 | Bangalore/Singapore | Accel, Tiger Global, Naspers, SoftBank, Tencent |
| 1 | InMobi | Adtech – Mobile Ads | Sep-2011 | Bangalore/Singapore | KPCB, Sherpalo Ventures, SoftBank |
List Of Fintech Unicorns In India
The above table has included all the unicorn startups in the country. I have also mentioned the industry they operate. Several Fintech companies recently raised funds to become unicorn. Here is a complete list of India’s Fintech Unicorns.
- Paytm
- Acko Insurance
- BharatPe
- BillDesk
- Digit Insurance
- PhonePe
- Pine Labs
- Razorpay
- Policybazaar
- MobiKwik
- Zeta
- Zerodha
- CRED
- Slice
- CredAvenue
- Groww
- MobiKwik
- OneCard
- Open
- Oxyzo
- CoinSwitch Kuber
- CoinDCX
- Chargebee
List Of Crypto Unicorns In India
Only two crypto companies have become unicorns so far. So, India only has CoinDCX and CoinSwitch Kuber crypto companies. Blockchain platform 5ire also became Unicorn recently.
- CoinSwitch Kuber
- CoinDCX