114 Unicorn startups in India | Indian Unicorn Startups

Soniya Pandey
February 3, 2024
February 3, 2026
Business / India

Oyo Rooms

Oyo Rooms (stylised as OYO), also known as Oyo Hotels & Homes, is an Indian hospitality chain of leased and franchised hotels, homes and living spaces. Founded in 2013 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels.

Zomato

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.

Ola Cabs

Ola Cabs (stylised as OLΛ) is an Indian ridesharing company offering services that include vehicle for hire and food delivery. The company is based in Bangalore, Karnataka, India and was developed by ANI Technologies Pvt. Ltd.

BigBasket

BigBasket is an Indian online grocer headquartered in Bangalore, India, and currently owned by Tata Digital. It was the first online grocer in India, set up in 2011. It is a registered company with name as the Supermarket Grocery Supplies Pvt. Ltd.

InMobi

InMobi is an Indian global mobile advertising technology company based out of Bangalore, India. Its mobile-first platform allows brands, developers and publishers to engage consumers through contextual mobile advertising.

Mu Sigma

Mu Sigma is an Indian decision sciences firm that primarily offers data analytics services. The firm’s name is derived from the statistical terms “Mu (μ)” and “Sigma (σ)” which symbolize the mean and the standard deviation, respectively, of a probability distribution. Mu Sigma is headquartered in Chicago, Illinois and has a global delivery center in Bangalore.

Upstox

Mentioned by Upstox there are trillions of rupees of wealth in India, lying in unproductive assets, losing value over time. We will help millions of Indians do better with their wealth. We will help them participate confidently in the public markets and build generational wealth through the power of compounding.

Groww

Groww app is a mobile app to invest in Stocks, F&Os, Fixed Deposits, Mutual Funds, IPOs, and US Stocks. Groww offers 2-in-1 account services that allow investors to open a Trading and Demat account.

ShareChat

ShareChat is an Indian social media company, based in Bangalore. It was founded by Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan, and incorporated on 8 January 2015. ShareChat is the parent company of applications such as ShareChat, Moj and Moj Lite+. ShareChat acquired MX TakaTak, one of the largest homegrown short video platforms in February 2022.

Zoho

Zoho Corporation is an Indian multinational technology company that makes computer software and web-based business tools. It is best known for the online office suite offering Zoho Office Suite.

5ire

5ire is an Indian blockchain technology ecosystem firm, founded in 2021. The firm became India’s 105th Unicorn with a valuation of $1.5 billion, In 2022.

Acko General Insurance

Acko General Insurance is a private sector general insurance company in India. Founded in November 2016, the company received its license from the Insurance Regulatory and Development Authority of India (IRDAI) in September 2017. Acko follows an online-led model and hence all operations for the company are offered through the digital platform.

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Amagi Media Labs

Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising platforms to TV networks and OTT providers, globally.Amagi has deployments in over 40 countries, enabling TV networks to launch, operate, and monetize channels anywhere in the world

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Apna

Apna is a social platform for skilled and semi-skilled job seekers that provides job opportunities and professional networking opportunities to job seekers as well as the best hiring solutions to employers.

BharatPe

BharatPe is an Indian fintech company that sells digital payment and financial services to small merchants and Grocery stores.

BillDesk

BillDesk is an Indian online payment gateway company based in Mumbai. The company provides an online payment platform for its clients which enables banking and merchant website transactions.

Blinkit

Blinkit and formerly Grofers, is an Indian instant delivery service. It was founded in December 2013 and is based out of Gurgaon. Customers of the company use a mobile application to order groceries and essentials online. Blinkit’s employees then secure the items from their warehouse and deliver the items to the consumer within 10 minutes.

BrowserStack

BrowserStack is a cloud web and mobile testing platform that provides developers with the ability to test their websites and mobile applications across on-demand browsers, operating systems and real mobile devices. The company is based in India.

Byju's

Byju’s (stylised as BYJU’S) is an Indian multinational educational technology company, headquartered in Bangalore. It was founded in 2011 by Byju Raveendran and Divya Gokulnath. As of Sept 2023, Byju’s was valued at $5.1 billion. As of April 2023, the company claims to have over 150 million registered students.

Cardekho

CarDekho is India’s leading car search venture that helps users buy cars that are right for them. Its website and app carry rich automotive content such as expert reviews, detailed specs and prices, comparisons as well as videos and pictures of all car brands and models available in India.

CARS24

CARS24 is an Indian multinational online used car marketplace headquartered in Gurgaon. The company is considered among the four major organised players in the used car segment in India.

ChargeBee

Chargebee provides a robust & flexible billing system to enable your sales & marketing team to run special promotions, and the right tools for your support team to billing accurately & respond faster for billing queries.

CitiusTech

CitiusTech is a global health information technology company based in Mumbai, India. The company provides services such as data management, consulting, digital engineering, and artificial intelligence to health and healthcare companies.

CoinDCX

CoinDCX is making crypto accessible in the easiest and safest format. The impact of the crypto market on India has a very significant effect which is helping to enhance the transparency movement where every transaction can be traced back to the source.

CoinSwitch

CoinSwitch, the leading crypto exchange in India, allows you to start crypto investments with as little as ₹100. Crypto trading and investing both aim to grow investments, but follow different strategies.

CommerceIQ

CommerceIQ is the pioneer in helping brands win on retail ecommerce channels such as Amazon, Walmart.com, and Instacart. Our unified platform applies machine learning and automation across marketing, supply chain, and sales operations to help brands gain market share profitably.

CRED

CRED allows its users to make credit card payments through its app and provides access to exclusive offers and discounts. The platform also helps users manage their credit card bills, track expenses, and earn rewards points for paying bills on time.

CredAvenue

CredAvenue can be understood as a fintech debt marketplace which brings lenders and borrowers under a single agnostic platform.

Cure.fit

Cure. fit is a healthcare startup that leverages technology and data to enable people to live a healthy lifestyle and get access to healthcare at an affordable cost

Dailyhunt

Dailyhunt (formerly News hunt) is an Indian content and news aggregator application based in Bangalore, India that provides local language content in 14 Indian languages from multiple content providers.Viru serves as Founder of Dailyhunt with Co-founder Umang Bedi.

DarwinBox

डार्विनबॉक्स एक क्लाउड आधारित इंटीग्रेटेड एचआर प्लेटफॉर्म है जो भर्ती, मुख्य लेनदेन, पेरोल, कर्मचारी आंदोलन, कर्मचारी सगाई, प्रतिभा प्रबंधन और पीपल एनालिटिक्स से एचआर प्रक्रियाओं को स्वचालित करता है, यह सभी एचआर को स्वचालित और सरल बनाते हुए कर्मचारियों को संलग्न और सशक्त बनाता है। प्रक्रियाएँ।

DealShare

DealShare makes it easier for these users to buy in a couple of clicks. Further, it allows the users to buy and share deals with their friends. They offer discounts depending on the number of people purchasing the products.

Delhivery

Delhivery is an Indian logistics and supply chain company, based in Gurugram. It was founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati. The company has over 85 fulfillment centers, 38 automated sort centers, 160 hubs, 7,500+ partner centers, and 3,500+ direct delivery centers, as of 2021.

Digit Insurance

In Digit Insurance digit is a digital insurance company that is aimed at making the insurance process simple for people. It was started in 2016 and is India’s first unicorn of 2021. Digit offers insurance solutions across verticals such as health, travel, businesses, vehicles, etc.

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Dream11

Dream11 is an Indian fantasy sports platform that allows users to play fantasy cricket, hockey, football, kabaddi, handball, basketball, volleyball, rugby, futsal, American football and baseball. In April 2019, Dream11 became the first Indian fantasy sport company to become a unicorn.

Droom

Droom Technology Limited is an Indian company that maintains an online marketplace for buying and selling used and new automobiles. Founded in April 2014, the company is based in Gurugram, Haryana and also operates in Singapore, Thailand, and Malaysia, besides 1,161 Indian town and cities.

Druva

Druva Inc. is a privately-held software company based in Santa Clara, California. The company provides SaaS-based data protection and management products. The company was founded in 2008, raised several rounds of funding, and grew to more than 800 employees.

EaseMyTrip

EaseMyTrip, is an Indian online travel company, founded in 2008 by Nishant Pitti, Rikant Pitti, and Prashant Pitti, headquartered in New Delhi, India. The company provides hotel bookings, air tickets, domestic and international holiday packages, bus bookings, and white-label services in AE, UK and Thailand.

ElasticRun

Elastic Run platform enables these transport companies to put their idle or under-utilized vehicles on its network to do runs between warehouses and grocery stores.

Eruditus Executive Education

Eruditus, promoted by Alumni of INSEAD and other top business schools, delivers high quality executive education programmes to corporations and participants across the globe. Eruditus collaborates with global business schools and renowned faculty in delivering these programmes.

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FirstCry

FirstCry is an Indian e-commerce company focused on baby products retailing. The company was started in 2010 and is headquartered in Pune. As of June 2023, the company had over 900 FirstCry and BabyHug stores across India.

Five Star Business Finance

Five Star provides Small Business loans and Small Mortgage loans to eligible borrowers to meet their business and personal needs, after due underwriting of their cashflows and backed by the collateral of their house property.

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Flipkart

Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.

Fractal Analytics

Fractal Analytics Private Limited is a multinational artificial intelligence company that provides services in consumer packaged goods, insurance, healthcare, life sciences, retail and technology, and the financial sector. The company has dual headquarters in Mumbai and New York City, with a presence in the United States, India and United Kingdom and fifteen other locations.

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Freshworks

Freshworks is a cloud-based customer service software company founded in 2010, in Chennai, India. Freshworks has been recognized in various industry reports, including the Forbes Cloud 100 and Gartner Magic Quadrant for Customer Engagement Center CRM.

Games24x7

Games24x7 is an Indian online gaming company founded in 2006 by Bhavin Pandya and Trivikraman Thampy. It’s headquartered in Mumbai, India. The company is known for its games like RummyCircle and My11Circle. The company has offices in Mumbai, Bengaluru, New Delhi, Miami, and Philadelphia.

Glance

Glance is an Indian artificial intelligence-based software company that delivers personalized content to the lock screens of smartphones.

GlobalBees

It aims to upscale merchants from an array of sectors such as fashion, home and kitchen, electronics, cosmetics, personal care, sports, and others. Globalbees works with entrepreneurs that have developed an internet-based business.

Good Glamm Group

The Good Glamm Group is a content-to-commerce company that produces and sells personal care and cosmetic products, with operations in India, Dubai, Singapore, and the USA.

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Gupshup

Gupshup gives you tools for the entire bot lifecycle. Gupshup also works across all platforms and allows bot builders to build, deploy and publish a bot in a matter of minutes.

Hasura

Hasura is the fastest way for developers to create a full-featured and production-grade API, with the ability to compose and bring in business logic using customizable open source connectors.

Highradius

HighRadius solutions have a proven track record of delivering increased operational efficiency through automation, accurate cash-flow forecasting, optimized cash management, lower days sales outstanding (DSO), and bad debt, to help companies achieve strong ROI in just a few months.

Icertis

Icertis is a privately owned software company that provides contract management software to enterprise businesses using a software-as-a-service model. The company, which was founded in 2009, is headquartered in Bellevue, Washington.

InCred Finance

InCred provides short term unsecured personal loans to retail customers with ticket sizes of Rs 50,000 to Rs 7.5 lakhs. InCred provides long-term loans to students pursuing higher education both in India as well as overseas.

Info Edge

Info Edge is an Indian technology holding company which owns, operates and invests in internet-led businesses. The company’s offerings include the flagship employment website Naukri.com, matrimonial website Jeevansathi.com, real estate classifieds platform 99Acres.com, and educational portal Shiksha.com, among others.

Infra.Market

Infra. Market is a B2B startup that sells construction materials and lifestyle products that elevate interiors through our robust B2B, retail and B2C network .

Innovaccer

Innovaccer Inc. is a Silicon Valley-based digital healthcare company, founded by Abhinav Shashank, Kanav Hasija, and Sandeep Gupta that provides physician practices, hospitals, health systems, and other healthcare providers with different digital products.

LEAD School

LEAD School is used to make international standard education accessible and affordable to every child. Innovation: to transform education as India’s first integrated school edtech solution.

Leadsquared

LeadSquared is a new-age SaaS CRM platform that provides end-to-end sales, marketing, and onboarding automation solutions.

Lenskart

Lenskart is an Indian multinational optical prescription eyewear retail chain, based in Gurgaon. As of March 2023, Lenskart has more than 2,000 retail stores, three-fourths of which are in India. Its manufacturing facility in New Delhi manufactures 3 lakh glasses a month.

Licious

Licious is an e-commerce service that sells seafood and meat, in addition to ready-to-cook and ready-to-eat products. It is operated by Delightful Gourmet Private Limited and headquartered in Bangalore. It was launched in 2015 by Abhay Hanjura and Vivek Gupta.

Livspace

Livspace (pronounced as li-v-space), is a home interior and renovation company headquartered in Singapore. It provides interior design and renovation services in Singapore and India. The company was founded in 2014 by Anuj Srivastava and Ramakant Sharma and has raised funding of $450 million.

MakeMyTrip

MakeMyTrip is an Indian online travel company founded in 2000. Headquartered in Gurugram, Haryana, the company provides online travel services including airline tickets, domestic and international holiday packages, hotel reservations, rail, and bus tickets.

Mamaearth

The Mamaearth company is an Indian unicorn brand and is based out of Gurugram, Haryana. It was founded by Varun and Ghazal Alagh in 2016 to provide toxin-free, natural baby care, skincare, haircare products, and more for babies and everyone else.

MapmyIndia

MapmyIndia is an Indian technology company that builds digital map data, telematics services, location-based SaaS and GIS AI technologies. The company was founded in 1995 and is headquartered at New Delhi with regional offices in Mumbai and Bengaluru and smaller offices across India. It also has international offices in the San Francisco Bay Area and Tokyo.

Polygon (blockchain)

Polygon (formerly Matic Network) is a blockchain platform which aims to create a multi-chain blockchain system compatible with Ethereum. As with Ethereum, it uses a proof-of-stake consensus mechanism for processing transactions on-chain. Polygon’s native token is named MATIC.

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Meesho

Meesho is an online shopping platform owned by the Indian company Fashnear Technologies Private Limited. It is an online marketplace that facilitates trade between suppliers, resellers and customers, with heavy reliance of external social media platforms such as Facebook and Instagram.

Mensa Brand

Mensa identifies and invests into proven digital first brands in the lifestyle, home and beauty verticals. Leveraging its expertise in driving growth, product, merchandising, technology, supply chain, product and access to global markets, they profitably grow brands beyond 10X in a very short period of time.

MindTickle

MindTickle helps sales teams in large organizations and enterprise companies identify customer problems, prescribe the best possible remedy, and develop full-bodied strategies to win deals faster.

MobiKwik

MobiKwik is an Indian payment service provider founded in 2009 that provides a mobile phone-based payment system and digital wallet. Customers can add money to an online wallet that can be used for payments.

Mobile Premier League

Mobile Premier League (MPL) is an Indian online gaming platform. It is based in Bengaluru, India. Founded in 2018 by Srinivas Kiran and Shubham Malhotra, the company currently offers 60 games in categories such as fantasy sports, sports games, puzzle, casual and board games.

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Moglix

Moglix is an Indian e-commerce company headquartered in Singapore, established in 2015. It operates in India, the USA, the UK, and Europe. As of January 2022, Moglix had a valuation of $2.6 billion and once claimed to be the largest e-commerce company in the industrial goods category in India.

Molbio Diagnostics

Molbio Diagnostics, brings to the healthcare professionals worldwide the TruelabTM Real Time quantitative micro PCR system, that makes Real Time PCR testing simple and possible in all laboratories, in the field and in near-patient settings.

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MyGlamm

MyGlamm is an online makeup brand headquartered in Mumbai, Maharashtra. Founded in October 2017, MyGlamm is part of the Good Glamm Group— South Asia’s largest content-to-commerce beauty and personal care conglomerate. In 2021, Its parent company became India’s first unicorn startup in the DTC beauty and personal brand industry, after securing $150 million in funding and a valuation of $1.2 billion.

NoBroker

NoBroker is a platform that removes this information asymmetry and provides a marketplace for free exchange of this information that used to cost 1-2 months of rent as brokerage.

Nykaa

Nykaa is an Indian e-commerce company headquartered in Mumbai. It sells beauty, wellness and fashion products through its website, mobile app, and over 100 physical stores. In 2020, it became the first Indian unicorn startup headed by a woman. Nykaa sells products which are manufactured in India as well as internationally.

OfBusiness

OfBusiness will act as a buyer/aggregator, procuring materials and delivering them without asking for collateral.

Ola Electric

Ola Electric Mobility (stylized as OLΛ ELECTRIC) is an Indian electric two-wheeler manufacturer, based in Bengaluru, Karnataka, India. It is India’s largest electric two-wheeler manufacturer valued around US$5.4 billion as of September 2023. I

Open Financial Technologies

Open financial Technologies deliver a truly seamless business banking experience and make managing finances a breeze.

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Oxyzo Financial Services

The platform helps its clients tap the capital market for long-term funds, access supply chain finance solutions from banks and NBFCs and raise working capital.

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Paytm

Paytm (acronym for “pay through mobile”) is an Indian multinational financial technology company, that specializes in digital payments and financial services, based in Noida, India. It was founded in 2010 by Vijay Shekhar Sharma under One97 Communications.

PharmEasy

PharmEasy is an Indian multinational e-pharmacy company that sells medicines, diagnostics and telehealth online.

PhonePe

PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016.

Physics Wallah

Physics Wallah Private Limited (commonly known as Physics Wallah; or simply PW) is an Indian multinational educational technology company headquartered in Noida, Uttar Pradesh. It was founded by Alakh Pandey and Prateek Maheshwari in 2020. It became a unicorn in June 2022 after raising $100 million at a valuation of $1.1 billion.

Pine Labs

Pine Labs is an Indian company that provides financing and retail transaction technology. Founded in 1998, it is a unicorn startup, with a valuation of over US$5 billion.The company makes Android-based point of sale (PoS) machines.

Policy bazaar

Policybazaar is an Indian insurance aggregator and multinational financial technology company based in Gurgaon. The company was founded in June 2008 by Yashish Dahiya, Alok Bansal and Avaneesh Nirjar.

Polygon Labs

Polygon Labs is a software development company that builds open, permissionless blockchain infrastructure solutions and complementary software, including zk-enabled technology, to make mass adoption of a blockchain-based Internet a reality.

Postman (software)

Postman is an API platform for developers. The company is headquartered in San Francisco and maintains an office in Bangalore, where it was founded. As of February 2023, Postman reports having more than 30 million registered users and 75,000 open APIs, which it says constitutes the world’s largest public API hub.

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Pristyn Care

Pristyn Care is a Gurugram based health-tech company that deals in minimal invasive medical and surgical interventions. The organization has a network of more than 700 partnered hospitals and 100 clinics. The company was started in 2018 and covers proctology, gynaecology, IVF, urology, vascular, otorhinolaryngology, laparoscopy, anaesthetics, and ophthalmology.

Rebel Foods

Rebel Foods is an Indian online restaurant company which operates 11 cloud kitchen brands including Faasos, Behrouz Biryani and Oven Story. It is the largest cloud kitchen restaurant chain in the world, operating more than 450 cloud kitchens in 10 countries, as of April 2022.

ReNew Power

ReNew is India’s largest renewable energy company by operational capacity. Based in Gurgaon, Haryana, it has an asset base of over 10 GW, with around 5 GW operational. ReNew Power operates over 110 projects across 18 states in India, developing, building.

Rivigo

Rivigo express logistics service provider with a mission to revolutionize goods mobility and bring down the overall logistics cost in India.

Shiprocket

Shiprocket enables eCommerce sellers with AI-driven technology and dependable services encompassing conversion, order fulfillment, shipping, buyer communication, returns management, and more.

Spinny

Spinny is the most simple way of selling your car with the assurance of getting the best price in the market. With SellRight, you can say goodbye to weeks of uncertainties around your car’s sale and get paid in just 1 day.

Swiggy

Swiggy is an Indian online food ordering and delivery platform. Founded in 2014, Swiggy is headquartered in Bangalore and operates in more than 500 Indian cities as of September 2021.

Tata 1mg

Tata 1mg, previously 1mg, is a healthcare platform based in Gurugram, India. It provides services, including e-pharmacy, diagnostics, e-consultation, and health content. It was founded in April 2015 by Prashant Tandon, Gaurav Agarwal, and Vikas Chauhan.

Unacademy

Unacademy, is an Indian multinational educational technology company that provides online educational platform with its headquarters in Bangalore. It prepares students for various competitive exams, as well as provides content on foundational (K-12) and skill building courses (programming, photography, entrepreneurship, etc).

Uniphore

Uniphore is a conversational automation technology company. Uniphore sells software for conversational analytics, conversational assistants and conversational security. The company is headquartered in Palo Alto, California, with offices in the United States, Singapore, India, Japan, Spain, and Israel.

upGrad

The upGrad app lets you connect and engage with industry professionals, teachers, and fellow students, allowing you to enhance your knowledge, expand your network, and explore various opportunities.

Urban Company

Urban Company has a partner network of over 25,000 hand-picked service professionals, who are provided financing, training, and product or consumables support.

Vedantu

Vedantu is an Indian multinational online tutoring platform launched in 2014 based in Bengaluru, India. It primarily provides services to students from grades 4 to 12.

Verse Innovation

VerSe Innovation’s proprietary technology platform powers 350 million + users to consume content in their local language on Dailyhunt. Its technology also powers India’s 1 and most engaging short video app Josh.

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XpressBees Logistics

Xpressbees is an Indian logistics and courier company specializing in e-commerce deliveries. They cater to a variety of clients, from small businesses to large online marketplaces, offering comprehensive supply chain solutions that include last-mile delivery, reverse logistics, payment collection, and more.

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Zepto

Zepto is a quickly-growing grocery delivery platform in India. It promises to deliver groceries to your doorsteps within 10 minutes. Other companies offer delivery within 30 minutes.

Zerodha

Zerodha works on an online discount brokerage model wherein only online trading services are offered to customers.

Zetwerk

Zetwerk is a partner to leading players in precision parts, capital goods and consumer goods categories, offering a full spectrum of manufacturing services – from custom-made components to mass production, from quality certification to inventory and supply chain management.

Udaan

Udaan enables small manufacturers, farmers, and brands to market and sell their products across the country at low cost with 100% payment security and complete transparency.

BlackBuck

BlackBuck is India’s largest trucking network, and our robust ‘Freight’ and ‘Fleet Management’ technology platforms deliver reliability, efficiency and seamless experience for shippers and truckers.

BoAt

BoAt is an India-based consumer electronics brand established in 2015 that markets earphones, headphones stereos, travel chargers, and premium rugged cables.

Onecard

OneCard is a metal credit card that is offered in collaboration with several providers including SBM Bank, South Indian Bank, Federal Bank, BOB Financial and CSB Bank.

Purplle comapny

Purplle is an online space for beauty and wellness needs that aims to take its customers’ shopping experience to a completely different level.

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Razorpay

Razorpay offers a fast, affordable and secure way for merchants, schools, e-commerce, and other companies to accept and disburse payments online, own a fully-functional current account, and avail of working capital loans.

Slice

Slice is a digital lending platform that offers Slice Credit Card in collaboration with several NBFCs. With this card, you can get up to 2% cashback on every transaction in the form of rewards.

Zeta (company)

Zeta is a next-gen banking tech company by founders Bhavin Turakhia and Ramki Gaddipati in 2015. The company provides credit and debit card issuer processing, BNPL, core banking and “mobile experiences”. Zeta provides its products to banks and fintechs globally.

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