THE
UNICORNS
OF INDIA

Founded in 2007 by Naveen Tewari, Abhay Singhal, Piyush Shah, Mohit Saxena, and Amit Gupta (ex-founder), InMobi is a prominent player in the adtech sector. The Bengaluru-based companys business model is centred around providing mobile advertising solutions that enable brands to engage with consumers through targeted advertising across various platforms, harnessing big data and advanced analytics.

InMobi achieved unicorn status in 2011. To date, the company has raised a total of $266 million in funding from notable investors, including SoftBank Vision Fund, Lightbox, and Kleiner Perkins.

Founded in 2007 by Binny Bansal and Sachin Bansal, Flipkart is an ecommerce platform based in Bengaluru. The company functions as a marketplace, connecting sellers with potential customers to facilitate sales. It operates on a Business to Customer (B2C) model, offering a wide range of products, including electronics, fashion, home goods, and groceries. Flipkart has also integrated features such as same-day delivery and a robust payment system, enhancing the shopping experience for millions of users across India.

The company, which achieved unicorn status in 2012, has raised a total of $12.1 billion in funding. In 2018, Walmart acquired a majority stake in Flipkart. The company was last valued at $36 billion, solidifying its position as one of the leading players in the Indian ecommerce sector. Some of its notable investors include Walmart, Tencent, SoftBank Vision Fund, CPP Investments, GIC, and Steadview Capital.

Founded in 2004 by Dhiraj Rajaram, MuSigma is an enterprise technology company with headquarters in Chicago, Illinois, and a global delivery center in Bengaluru. The company specialises in providing data analytics and decision science solutions, employing a unique business model that leverages cloud technology and workforce management to deliver actionable insights for businesses across various industries.

MuSigma achieved unicorn status in 2013. The company has raised a total of $215 million in funding from notable investors such as Mastercard, Fidelity, General Atlantic, Peak XV Partners, and FTV Capital.

Founded in 2010 by Bhavish Aggarwal and Ankit Bhati, Ola is a mobility technology company based in Bengaluru. The companys business model revolves around ride- hailing services, enabling users to book taxis through its user - friendly app.Ola focuses on offering a range of transportation options, including cabs, auto - rickshaws, and electric vehicles, catering to diverse customer needs.

Ola achieved unicorn status in 2015. Notable investors in Ola include SoftBank, Z47, Peak XV Partners, and Alpha Wave Global.

Founded in 2000 by Vijay Shekhar Sharma and Pravin Jadhav, Paytm (One 97 Communications) is a fintech company headquartered in Noida. The companys business model encompasses a comprehensive suite of digital financial services, including mobile payments, banking, ecommerce, and investment solutions.

The fintech company, which achieved unicorn status in 2015, has secured a total funding of $3.48 billion. Some of its notable investors include SoftBank, Alibaba Group, Ant Financial, Berkshire Hathaway, and Elevation Capital.

Founded in 2008 by Deepinder Goyal, Pankaj Chaddah, Gunjan Patidar, Mohit Gupta, and Akriti Chopra, Zomato is a foodtech company headquartered in Gurugram. The platform connects users with restaurants for food delivery, dining out, and discovering new culinary experiences. Its business model relies on a combination of commission-based income from restaurants and subscription services for users seeking premium features.

Zomato achieved unicorn status in 2018. Some of the notable investors include Sequoia Capital, Kora, Tiger Global Management, Baillie Gifford, Ant Group, Glade Brook Capital Partners, Sequoia Capital India, Temasek Holdings, Fidelity, and Mirae Asset Global.

Quikr, founded in 2008 by Pranay Chulet and Jiby Thomas, is an online marketplace based in Bengaluru. The platform connects buyers and sellers across a diverse range of categories, including real estate, employment, services, and goods. Quikrs business model revolves around enabling peer - to - peer transactions, offering users a convenient way to engage in local commerce through its website and mobile application.

Quikr achieved unicorn status in 2015, following a total funding of $370 million. Some of the notable investors in the company include Alpha Wave, Tiger Global, Warburg Pincus, and Z47.

Founded in 2012 by Kavin Bharti Mittal, New Delhi-based Hike is a prominent player in the conversational messaging sector. The company provides a messaging platform that integrates social networking features, allowing users to communicate effectively while also engaging in various social activities within the app.

Hike achieved unicorn status in 2016, raising a total of $261 million in funding. Some of its key investors include Tiger Global Management and Tencent, which have significantly contributed to Hikes growth by enhancing its technological capability and expanding its user base in the competitive messaging landscape.

Founded in 2011 by Sandeep Aggarwal, Radhika Ghai Aggarwal, Sanjay Sethi, and Mrinal Chatterjee, Shopclues is an ecommerce platform based in Gurugram. The company provides a marketplace for consumers to purchase a diverse array of products, ranging from electronics to fashion, directly from sellers, thus facilitating a wide online shopping experience.

Shopclues achieved unicorn status in 2015 after raising a total of $249 million in funding from notable investors such as Unilazer Ventures, GIC, Brand Capital, InnoVen Capital, Tiger Global Management, Nexus Venture Partners, Helion Venture Partners, and Beenos Partners.

Founded in 2010 by Rohit Bansal and Kunal Bahl, Snapdeal is an ecommerce platform based in Gurugram. The company operates a marketplace model, connecting buyers and sellers across a wide spectrum of products ranging from electronics to fashion. Snapdeal aims to provide a seamless online shopping experience, leveraging a robust logistics network and extensive vendor partnerships.

Achieving unicorn status in 2014, Snapdeal has raised a total funding of $1.8 billion, with its latest valuation standing at approximately $4.8 billion. Notable investors include Nexus Venture Partners, Clouse SA, Ontario Teachers Pension Plan, Alibaba Group, SoftBank Telecom Corp, Foxconn Technology Group, and Intel Capital.

Founded in 2000 by Deep Kalra and Rajesh Magow, MakeMyTrip is an online travel agency based in Gurugram. The company provides a comprehensive platform for booking flights, hotels, and holiday packages, catering to both leisure and business travellers. It leverages technology to offer users ease in travel planning and booking.

MakeMyTrip achieved unicorn status in 2010, reflecting its significant growth in the online travel sector. Some of the notable investors in the company include Trip.com, Tiger Global Management, Helion Venture Partners, Sierra Ventures, Prosus & Naspers, Elevation Capital, and SAIF Partners.

Founded in 2011 by Sumant Sinha, ReNew Power is a prominent player in the cleantech sector. Headquartered in Gurugram, the company focuses on renewable energy generation, particularly in wind and solar power, aiming to provide sustainable energy solutions to meet the growing demand while addressing environmental challenges. Its business model emphasises large-scale renewable energy projects and a commitment to reducing carbon emissions.

ReNew Power achieved unicorn status in 2017. Notable investors include CPP Investments, Goldman Sachs, ADIA, Venrock, and Madrona Venture Group, among others.

Founded in 2000 by Ajay Kaushal, Karthik Ganapathy, and Srinivasu MN, BillDesk is a prominent fintech company based in Mumbai. The firm offers a comprehensive online payment solutions platform, primarily facilitating bill payments for consumers and businesses by connecting them to various service providers. Its business model revolves around efficiency and convenience, leveraging technology to streamline the payment process and enhance user experience.

BillDesk achieved unicorn status in 2018. Some of its notable investors include General Atlantic, Visa, Clearstone Venture Partners, State Bank of India, and Temasek Holdings.

Founded in 2010 by Girish Mathrubootham, Shan Krishnasamy, and Vijay Shankar, Freshworks is a prominent enterprise technology company headquartered in California. The company develops cloud-based customer engagement software, enabling businesses to manage their customer interactions across various channels, enhancing customer support and experience through a unified platform.

Freshworks achieved unicorn status in 2018, taking roughly 8 years and 6 months to reach this milestone. The company has raised a total of $499 million in funding, with its last valuation reaching approximately $4.76 billion. Notable investors in Freshworks include Steadview Capital, Accel Partners, CapitalG, Peak XV Partners, and Tiger Global Management.

Founded in 2012 by Ritesh Agarwal, OYO is a prominent player in the travel technology sector, headquartered in Gurugram. The company operates a hospitality network with a focus on budget accommodations, providing a seamless booking experience for travellers. OYOs business model revolves around partnering with small hotels and turning them into branded, quality - assured living spaces, leveraging technology to enhance operational efficiency and standardisation.

Achieving unicorn status in 2018, OYO has secured a total funding of $3.47 billion to date, with a valuation reaching $4.1 billion. Key investors include SoftBank Vision Fund, Lightspeed India, and Microsoft, among others.

Founded in 2008 by Alok Bansal, Yashish Dahiya, Avaneesh Nirjar, and Sushant Khairnar, PolicyBazaar is an online insurance aggregator based in Gurugram. The companys business model revolves around providing consumers with a platform to compare and purchase insurance products from various providers, facilitating informed decision - making and enhancing transparency in the insurance sector.

PolicyBazaar achieved unicorn status in 2018, having raised a total of $1.1 billion from notable investors such as SoftBank, Info Edge, Capital Group, Tiger Global, Temasek, and Premji Invest. As of now, the company is valued at approximately $7.4 billion, reflecting its strong position in the fast-evolving fintech landscape in India.

Founded in 2014 by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini (Ex-founder), Swiggy has emerged as a prominent player in the foodtech sector. Headquartered in Bengaluru, the online food delivery platform connects consumers with local restaurants, facilitating convenient and quick meal deliveries through an efficient logistical network and a user-friendly app interface.

Swiggy attained unicorn status in 2018, having raised a total of $3.62 billion in funding over its operational years. Its latest private market valuation stands at approximately $10.7 billion. Key investors in Swiggy include Naspers, Norwest Venture Partners, Tencent, Prosus, Invesco Mutual Fund, Bessemer Venture Partners, DST Global, Accel, and SoftBank Vision Fund.

Founded in 2016 by Vaibhav Gupta, Sujeet Kumar, and Amod Malviya, Udaan is a prominent B2B ecommerce platform based in Bengaluru. The company focuses on connecting manufacturers, wholesalers, and retailers, thereby streamlining the supply chain for small and medium-sized enterprises across India. Udaans business model revolves around facilitating trade by providing a digital marketplace that simplifies transactions and improves access to goods.

Udaan achieved unicorn status in 2018. The company has attracted notable investors, including M&G, Lightspeed India, Nomura, Samena Capital, Altimeter Capital, Tencent, GGV Capital, Microsoft, Kaiser Permanente, and Arena Investors.

Founded in 2011 by Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan, Delhivery is a prominent player in the logistics technology sector based in Gurugram. The company leverages advanced technology and data analytics to provide comprehensive logistics solutions, including express parcel delivery, freight transportation, warehousing, and supply chain management, targeting both businesses and consumers.

Delhivery achieved unicorn status in 2019, having raised a total funding of $1.6 billion to date. As of its last funding round, the companys valuation stands at approximately $3.41 billion.Notable investors in Delhivery include Addition, FedEx, Fidelity, Steadview Capital, CPP Investments, SoftBank Vision Fund, Fosun International, The Carlyle Group, Tiger Global Management, Multiples, and Nexus Venture Partners.

Founded in 2008 by Bhavit Sheth and Harsh Jain, Dream11 is a leading fantasy sports platform based in Mumbai. The companys business model allows users to create virtual teams composed of real - life players from various sports and compete in matches for cash prizes based on the players actual performance.This innovative gaming technology offers a blend of sports engagement and entertainment while adhering to regulations regarding online gaming in India.

Dream11 achieved unicorn status in 2019 and has since raised a total funding of $1.6 billion, with a valuation of $8 billion. Notable investors include RedBird Capital Partners, Alpha Wave Global, Tiger Global Management, D1 Capital Partners, DST Global, TCV, Steadview Capital, Tencent, Multiples, and Kalaari Capital.

Founded in 2008 by Jaspreet Singh and Milind Borate, Druva is a prominent enterprise cloud data protection and management company based in California. The company provides organisations with data security, backup, and disaster recovery solutions through a cloud-native platform, thus enhancing data accessibility and compliance while reducing reliance on traditional hardware.

Druva achieved unicorn status in 2019, following a total funding of $475 million. The companys last private market valuation was reported at $2 billion, underlining its significant growth and the increasing demand for reliable data protection services in an era of digital transformation.Notable investors include Caisse de dpt et placement du Qubec(CDPQ), Viking Global Investors, Riverwood Capital, Peak XV Partners, Orios Venture Partners, Nexus Venture Partners, and IAN Group.

Founded in 2009 by Monish Darda and Samir Bodas, Icertis is a leading enterprise contract management platform headquartered in Washington. The company provides advanced software solutions that streamline and digitise the contract lifecycle, enabling businesses to effectively manage risk and compliance while optimising their operations.

Icertis achieved unicorn status in 2019, having raised a total funding of $447 million to date. The companys last private market valuation was approximately $5 billion.Notable investors in Icertis include Silicon Valley Bank, SAP, B Capital, Greycroft, PremjiInvest, Meritech Capital Partners, Ignition Partners, and Eight Roads Ventures.

Founded in 2010 by Peyush Bansal, Amit Chaudhary, Neha Bansal, Ramneek Khurana, and Sumeet Kapahi, Lenskart is a prominent eyewear retailer based in Gurugram. The company offers a wide range of eyewear products, including glasses, contact lenses, and sunglasses, primarily through its online platform and physical stores. It leverages technology to provide virtual try-ons and personalised recommendations, enhancing customer experience and accessibility.

Lenskart achieved unicorn status in 2019, having raised total funding of $1.8 billion across various rounds. Its last private market valuation stood at approximately $5.6 billion. Notable investors include Temasek Holdings, Chrys Capital, Abu Dhabi Investment Authority, DSP Mutual Fund, Ravi Modi Family Trust, Avendus Capital, Epiq Capital, Alpha Wave Incubation, and SoftBank Vision Fund.

Founded in 2017 by Bhavish Aggarwal, Ola Electric is an automotive company based in Bengaluru that focuses on the production of electric vehicles, particularly electric scooters. The company offers sustainable mobility solutions, aiming to transition consumers from traditional vehicles to electric alternatives through innovative technology and appealing designs.

Ola Electric achieved unicorn status in 2019, taking just 2 years and 6 months to reach this milestone. The company has successfully raised a total of $1.7 billion in funding, with a current valuation of $5.75 billion. Notable investors include Alteria Capital, EvolutionX Debt Capital, State Bank of India, Temasek Holdings, SoftBank, Kia Motors, Hyundai Motor Company, Tata Sons, and Tiger Global Management, among others.

Founded in 2014 by Deepak Garg and Gazal Kalra, Rivigo is a prominent logistics technology company based in Gurugram. The company leverages technology to enhance the efficiency of freight transportation, providing a unique relay system that ensures faster delivery while optimising fleet management. This approach addresses significant challenges in the Indian logistics sector, particularly concerning timeliness and reliability.

Rivigo achieved unicorn status in 2019. Notable investors in Rivigo include Elevation Capital, Spring Canter Investment, Trifecta Capital Advisors, SAIF Partners (Elevation Capital), KB Global Platform Fund, and Warburg Pincus.

Founded in 2012 by Rahul Chari, Sameer Nigam, and Burzin Engineer, PhonePe is a prominent fintech company based in Bengaluru. The company provides a digital payments platform that enables users to make transactions, pay bills, and transfer money seamlessly through their mobile devices. PhonePe has been instrumental in promoting cashless transactions in India, utilising a robust technological infrastructure to support various financial services.

Achieving unicorn status in 2020, PhonePe has raised a total of $2.6 billion in funding to date, with a last private market valuation of approximately $12 billion. Notable investors include General Atlantic, Tencent, Tiger Global, TVS Capital, and Flipkart, reflecting strong confidence in the companys ability to lead the digital payments revolution in the Indian market.

Founded in 2011 by Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Ramesh, and VS Sudhakar, BigBasket is a leading online grocery delivery service based in Bengaluru. The companys business model centres around delivering a wide variety of daily grocery essentials directly to consumers doorsteps, leveraging a vast network of warehouses and a sophisticated technological platform to optimise inventory management and logistics.

BigBasket achieved unicorn status in 2019 after seven years and three months since its founding. Investors in BigBasket include Tata Digital, British International Investment, Alibaba Group, Trifecta Capital Advisors, Mirae Asset-Naver Asia Growth Fund, and Helion Venture Partners.

Founded in 2012 by Falguni Nayar and Adwaita Nayar, Nykaa is a prominent ecommerce platform based in Mumbai, specialising in beauty and wellness products. The company provides a wide assortment of cosmetics, skincare, and personal care items, integrating both online sales and an extensive network of physical retail stores to enhance consumer accessibility and experience.

Nykaa achieved unicorn status in 2020, having taken 8 years and 2 months to reach this milestone. Notable investors include Fidelity, TPG Growth, and Ontario Teachers Pension Plan.This robust financial backing has aided Nykaa in solidifying its position in Indias rapidly growing beauty and personal care ecommerce sector, fostering significant brand loyalty and market presence.

Founded in 1998 by Lokvir Kapoor, Rajul Garg, and Tarun Upadhyay, Pine Labs is a prominent fintech company based in Noida offering a comprehensive suite of financial services. It provides merchant payment solutions and facilitates easy payment processing for businesses through its point-of-sale (POS) terminals. Pine Labs aims to enhance the payment experience by integrating advanced technology with a user-friendly interface for both merchants and consumers.

Pine Labs achieved unicorn status in 2020 and has raised a total of $1.32 billion in funding. Investors include Vitruvian Partners, Alpha Wave Global, State Bank of India, Invesco, and Mastercard, among others. This significant backing has enabled Pine Labs to strengthen its position in the rapidly evolving fintech sector and expand its offerings to a wide range of merchants across India and beyond.

Founded in 2014 by Abhijit Kane, Abhinav Asthana, and Ankit Sobti, Postman is a prominent enterprise technology platform based in California. The company provides a collaborative environment for API development, testing, and management, streamlining the workflow for developers and enhancing productivity through its comprehensive suite of tools and features.

Postman achieved unicorn status in 2020, following a rapid growth trajectory. The company has raised a total of $434 million in funding, with a current valuation of $5.6 billion. Notable investors include Insight Partners, CRV, Nexus Venture Partners, Gokul Rajaram, Battery Ventures, Junipero Capital, and Sahin Boydas. Postmans robust financial backing has enabled it to solidify its position as a leader in the enterprise technology sector.

Founded in 2015 by Gaurav Munjal, Dr Roman Saini, and Hemesh Singh, Unacademy is a prominent online learning platform based in Bengaluru. The company provides a wide range of educational courses across various subjects, catering to students preparing for competitive exams as well as those seeking to enhance their knowledge in different fields. Unacademy uses a subscription-based approach, allowing users to access a vast library of courses and learn from experienced educators through live sessions and recorded content.

Unacademy achieved unicorn status in 2020 and has raised a total funding of $880 million to date. Its most recent valuation stands at $3.44 billion, reflecting its significant growth in the rapidly evolving edtech sector. Key investors include General Atlantic, SoftBank, Peak XV Partners, Temasek, and Blume Ventures, all of whom have played a crucial role in supporting the platforms expansion and technological advancement.

Founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid, and Ruchit Agarwal, Cars24 is an innovative automotive platform based in Gurugram. The company simplifies the process of buying and selling used vehicles through its technology-driven approach. It offers instant valuations, hassle-free transactions, and a streamlined experience for both sellers and buyers, significantly enhancing the previously cumbersome process of used car trading.

Cars24 achieved unicorn status in 2020. It has raised over a billion dollars in funding and secured a notable valuation of $3.23 billion. The company has attracted prominent investors, including Mahendra Singh Dhoni, SoftBank, DST Global, Kingsway Capital, Alpha Wave, Unbound, and Peak XV. This strategic backing has enabled Cars24 to expand its market presence and enhance its offerings in the automotive sector.

Founded in 2014 by Harshil Mathur and Shashank Kumar, Razorpay is a prominent fintech company based in Bengaluru. The firm provides a comprehensive payment solution that allows businesses to accept, process, and disburse payments with ease, offering services such as payment gateways and neobanking. Razorpays business model focuses on enabling digital transactions for merchants across various sectors, catering to both small enterprises and large corporations.

The company, which achieved unicorn status in 2020, has a notable valuation of $7.5 billion. Key investors in the company include Lightspeed Venture Partners, TCV, Lone Pine Capital, Alkeon Capital, Salesforce Ventures, GIC, Peak XV Partners, Ribbit Capital, Tiger Global Management, and Mastercard, who have helped enhance Razorpays ability to innovate and expand its services in the rapidly evolving fintech landscape in India.

Founded in 2007 by Umang Bedi, Virendra Gupta, Chandrashekhar Sohoni, and Umesh Kulkarni, DailyHunt is a prominent digital content platform based in Bengaluru. The companys business model centres around aggregating news and information from various sources and providing users with personalised content tailored to their preferences, thus enhancing the overall reader experience.

DailyHunt achieved unicorn status in 2020. Notable investors in DailyHunt include Epiq Capital, Trifecta Capital Advisors, Alpha Wave Global, ByteDance, and Peak XV Partners, among others. This strategic backing has strengthened DailyHunts position in the rapidly evolving media and entertainment sector in India.

Founded in 2019 by Naveen Tewari, Abhay Singhal, Mohit Saxena, and Piyush Shah, Glance is an innovative media and entertainment platform that delivers personalised content directly to smartphone lock screens. The company leverages advanced algorithms to curate and display a variety of engaging content, including news, entertainment, and interactive experiences, thereby enhancing user engagement without requiring additional app downloads.

The Singapore- and Bengaluru-based company achieved unicorn status in 2020, a little over a year after its inception. It has raised a total of $390 million in funding and its current valuation is around $1.7 billion. Notable investors in the company include Jio, Mithril, and Google, which have significantly contributed to Glances vision of reshaping digital content consumption in India and beyond.

Founded in 2010 by Sudheer Koneru, Dheeraj Koneru, Anand Arvind, and Saritha Katikaneni, Zenoti is a prominent enterprise technology company based in Washington state. The company offers a cloud-based software platform designed for the health and wellness industry, enabling businesses to manage operations such as scheduling, billing, and customer engagement efficiently.

Zenoti achieved unicorn status in 2020, marking a significant milestone after nearly 11 years of operation. To date, it has raised a total of $331 million in funding, and is currently valued at $1.5 billion. Notable investors include TPG, Advent International, Steadview Capital, Tiger Global Management, Accel, and Norwest Venture Partners. Crucial investor support has empowered Zenoti to enhance its product offerings and expand its reach in the burgeoning wellness market.

Founded in 2010 by Supam Maheshwari, Amitava Saha, Prashant Jadhav, and Sanket Hattimattur, FirstCry is a prominent ecommerce platform based in Pune that specialises in babycare and maternity products. The company provides a comprehensive range of babycare supplies, including clothing, toys, and educational products, directly to consumers through a user-friendly online interface.

FirstCry achieved unicorn status in 2020 and has raised funding from notable investors including PremjiInvest, TPG Capital Asia, Chrys Capital, SoftBank Vision Fund, Valiant Capital Partners, Vertex Ventures, and Chiratae Ventures. The strategic investments have enabled FirstCry to expand its market presence significantly, tapping into the growing demand for baby and maternity products in Indias burgeoning ecommerce sector.

Founded in 2016 by Kamesh Goyal, Digit Insurance is a prominent player in the fintech sector based in Bengaluru. The company uses technology to simplify and enhance the insurance experience for consumers. It offers a range of insurance products, including health, travel, and vehicle insurance, and employs a customer-centric approach, making policies more accessible and user-friendly.

Digit Insurance achieved unicorn status in 2021, reflecting its rapid growth and acceptance in the market. Investors include Peak XV Partners, TVS Capital Funds, Faering Capital, A91 Partners, and Fairfax Financial Holdings. This diverse range of investment has significantly strengthened Digits capabilities, allowing it to innovate and expand in the competitive Indian insurance landscape.

Founded in 2016 by Aaditya Sharda and Souvik Sengupta, Infra.Market is a prominent B2B marketplace based in Thane, specialising in construction materials and solutions. The company seeks to provide a seamless platform for building materials procurement, connecting manufacturers with buyers to streamline the supply chain and ensure timely delivery.

Infra.Market achieved unicorn status in 2021, within five years of its inception, and has raised a total funding of $592 million. The companys last private market valuation was $2.8 billion, bolstered by investments from notable backers including Mars Unicorn Fund, Avendus Capital, Tiger Global Management, InnoVen Capital, Evolvence India Fund, and prominent investors Ashish Kacholiya, Nikhil Kamath, and Trifecta Capital.

Founded in 2014 by Abhinav Shashank, Kanav Hasija, Sandeep Gupta, and Sachin Jaiswal, Innovaccer is a California-based healthtech company that provides a data activation platform designed to improve patient outcomes and operational efficiency in healthcare. The company utilises data analytics to enable healthcare providers to deliver more personalised care and improve their operational workflows.

Innovaccer, which achieved unicorn status in 2021, has raised a total of $675 million across various funding rounds. Its current valuation of $2.13 billion - $4.06 billion signals strong investor confidence in its innovative solutions within the healthcare sector. Notable investors in Innovaccer include Mubadala Capital Ventures, Tiger Global Management, M12 - Microsofts Venture Fund, WestBridge Capital, and Peak XV Partners.

Founded in 2015 by Sanjeev Barnwal and Vidit Aatrey, Meesho is a prominent ecommerce platform based in Bengaluru. The companys unique business model enables small businesses and individual entrepreneurs to sell products through social media channels, primarily focusing on reselling by users.By leveraging the power of social commerce, Meesho empowers its sellers with tools to manage inventory and fulfil orders seamlessly.

Meesho achieved unicorn status in 2021. It has raised a total funding of $1.3 billion from multiple notable investors including WestBridge Capital, Trifecta Capital Advisors, Fidelity, B Capital, SoftBank Vision Fund, Prosus & Naspers, Meta, Shunwei Capital, Tiger Global Management, and DST Partners. Its last private market valuation was $3.9 billion, reflecting a robust growth trajectory in the competitive ecommerce landscape in India.

Founded in 2018 by Kunal Shah and Rohan Naresh Shah, CRED is a fintech company based in Bengaluru. The platform aims to encourage and reward users for timely credit card payments by offering a unique rewards system, which allows users to redeem points for various products and services. CRED leverages user data to provide personalised financial products and insights, facilitating an enhanced user experience in managing credit.

CRED, which achieved unicorn status in 2021, has raised a total of $942 million in funding. Its last private market valuation was approximately $6.4 billion, reflecting significant investor confidence and interest in its innovative approach to personal finance. Investors in CRED include GIC, Tiger Global Management, Alpha Wave Global, Coatue, DST Global, Ribbit Capital, Gemini Investments, Peak XV Partners, and Sofina.

Founded in 2015 by Dharmil Sheth, Dhaval Shah, Harsh Parekh, Siddharth Shah, and Hardik Dedhia, Pharmeasy is a prominent healthtech company based in Mumbai. The company operates an online platform that facilitates the delivery of pharmaceuticals and healthcare products directly to consumers, combining technology with logistics to provide convenient access to essential health services.

Pharmeasy achieved unicorn status in 2021 after an impressive journey of 6 years and 9 months. Investors backing Pharmeasy include MEMG Family Office, Naspers, Temasek Holdings, EvolutionX Debt Capital, Vestin Wolf Capital Management, Trifecta Capital Advisors, Arokiaswamy Velumani, B Capital, and TPG Growth. This substantial financial support has empowered Pharmeasy to expand its services in the rapidly evolving healthtech sector in India.

Founded in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, Groww is a prominent fintech platform based in Bengaluru. The company simplifies investment for retail investors, allowing users to invest in mutual funds, stocks, and other financial products through an intuitive online platform. Groww aims to democratise finance by making investment accessible to all.

Groww achieved unicorn status in 2021, reflecting its rapid growth and popularity. To date, the company has secured a total funding of $393.3 million, with a last private market valuation of approximately $6.8 billion. Notable investors in Groww include ICONIQ Growth, Tiger Global Management, Y Combinator Continuity Fund, Ribbit Capital, Peak XV Partners, and Alkeon Capital. Investor support has helped Groww to enhance its platform and expand its offerings in the market.

Founded in 2015 by Ankush Sachdeva, Bhanu Pratap Singh, and Farid Ahsan, ShareChat is a prominent social commerce platform based in Bengaluru. The companys business model revolves around creating a vibrant community - driven space where users can share content in various Indian languages, facilitating social interaction while also engaging in commerce.

The startup achieved unicorn status in 2021. Notable investors include Temasek, Alkeon Capital, Moore Strategic Ventures, Lightspeed Venture Partners, Tiger Global Management, and Twitter Ventures (now X). Aided by these investments, ShareChat has expanded its user base and enhanced its offerings in the fast-growing social commerce landscape in India.

Founded in 2011 by KP Saravanan, Krish Subramanian, Rajaraman Santhanam, and Thiyagarajan Thiyagu, Chargebee is a prominent enterprise technology company headquartered in California. The firm provides a subscription management and billing platform that enables businesses to manage their subscription models efficiently, offering features such as invoicing, customer management, and revenue recognition. Chargebees business model is designed to streamline financial operations for recurring revenue businesses, thereby enhancing operational efficiency and customer experiences.

The startup, which achieved unicorn status in 2021, has raised a total of $475 million in funding, with a current valuation of $3.5 billion. Investors in Chargebee include Peak XV Partners, Tiger Global Management, Sapphire Ventures, Insight Partners, Steadview Capital, Accel, and Gopal Srinivasan. Strong financial backing has been instrumental in accelerating Chargebees growth and expansion in the competitive B2B tech landscape.

Founded in 2014 by Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra, Urban Company is a prominent consumer services platform based in Gurugram. The company connects skilled service professionals with customers seeking various home services, including cleaning, plumbing, and beauty treatment. Its business model capitalises on a technology-driven approach, enabling users to easily book services through a mobile app while ensuring quality delivery by verified professionals.

Urban Company achieved unicorn status in 2021 and has raised a total of $376 million in funding. Its latest valuation stands at $2.53 billion, demonstrating significant confidence from investors including Dharana Capital, Wellington Management, and Tiger Global Management. This robust financial backing has empowered Urban Company to expand its service offerings and enhance its market presence in the growing on-demand services sector in India.

Founded in 2015 by Bhavin Turakhia and Ramakrishna Gaddipati, Zeta is a fintech company based in California. The company provides a unified digital banking platform designed for banks and fintech infrastructure. Zeta aims to enhance customer experiences in banking through innovative technology solutions that streamline financial operations and promote efficiency.

Zeta, which achieved unicorn status in 2021, has raised a total of $390 million in funding. The companys last private market valuation stands at $2 billion.Investors in the startup include Softbank, Mastercard, Sodexo, and Optum, whose financial backing has significantly supported Zetas growth and expansion in the fintech landscape.

Founded in 2015 by Rahul Garg, Moglix is a prominent fintech company headquartered in Singapore. The company primarily operates in B2B procurement, offering a digital platform that connects businesses with a vast range of products. It streamlines the purchasing process through technology and logistics management.

Moglix achieved unicorn status in 2021, taking approximately 6 years and 4 months to reach this milestone. To date, it has raised a total of $471 million in funding. The companys latest valuation stands at above $2.51 billion.Notable investors include Alpha Wave Global, Tiger Global Management, Harvard Management Company, Peak XV Partners, Composite Capital Management, Kalyan Krishnamurthy, Accel, International Finance Corporation, and Bessemer Venture Partners.This diverse investment base has helped Moglix expand its market presence and innovative solutions in the procurement and supply chain sectors.

Founded in 2011 by Nakul Aggarwal and Ritesh Arora, BrowserStack is an innovative enterprise technology company headquartered in Dublin. The company provides a cloud-based platform that enables developers to test their websites and mobile applications across various devices and browsers without the need for physical hardware. This robust solution streamlines the development process, ensuring compatibility and performance across different environments.

BrowserStack achieved unicorn status in 2021 and has garnered a total funding of $253 million to date. Its current market valuation is $1.38 billion. Investors in the startup include Insight Partners, Accel, and Bond, whose support has significantly enhanced BrowserStacks market position, enabling it to cater to the growing demands in the field of software testing and quality assurance.

Founded in 2004 by Beerud Sheth, Rakesh Mathur, Viswanath Ramachandran, and Milind R Agarwal, Gupshup is a prominent player in the conversational messaging sector, headquartered in California. The company provides a platform for businesses to facilitate interactive communication with their customers through various messaging channels, thus enhancing customer engagement and experience.

Gupshup attained unicorn status in 2021 and has raised a total funding of $484 million to date. The company is currently valued at $500 million, reflecting its strong market position and capability to innovate in the field of conversational messaging. Notable investors in Gupshup include Tiger Global Management, White Oak Global Advisors, CRV, Tenaya Capital, and Fidelity, who have helped Gupshup to enhance its technological offerings and expand its presence in both local and global markets.

Founded in 1984 by V K Ranganathan, Five Star Finance is a prominent fintech company based in Chennai. The company primarily focuses on providing secured loans to micro, small, and medium enterprises (MSMEs) and individuals who may not have access to traditional banking services. Its business model revolves around offering quick and hassle-free financing solutions while leveraging technology to streamline the loan application and approval process.

The startup achieved unicorn status in 2021. Notable investors in the company include KKR, Sequoia Capital India (Peak XV), Norwest Venture Partners, and TVS Capital. This substantial backing has enabled Five Star Finance to enhance its market presence and expand its financial offerings to the underserved segments of the economy.

Founded in 2015 by Chanakya Hridaya, Rajesh Yabaji, and Ramasubramanian B, BlackBuck is a prominent player in the logistics technology sector based in Bengaluru. The companys business model revolves around optimising freight transportation by connecting shippers with truck owners through its digital platform, thereby enhancing efficiency and reducing costs in the logistics chain.

BlackBuck achieved unicorn status in 2021. Notable investors include VEF, Tribe Capital, IFC Asset Management Company, Trifecta Capital Advisors, Accel, Goldman Sachs, Peak XV Partners, InnoVen Capital, Sands Capital Ventures, and Tiger Global Management. The strategic investments have enabled BlackBuck to strengthen its technological capabilities and expand its market presence in the evolving logistics landscape in India.

Founded in 2014 by Sandeep Aggarwal and Rishab Malik, Droom is a prominent online marketplace based in Gurugram that focuses on the buying and selling of vehicles. The company facilitates transactions for both new and used automobiles, accompanied by various value-added services such as financing, insurance, and a robust inspection process to ensure quality.

Droom, which achieved unicorn status in 2021, has raised a total of over $340 million in funding to date. Its last valuation stands at approximately $360 million, reflecting its significant growth in the competitive automotive ecommerce landscape. Investors in Droom include rapper Badshah, 57 Stars, Joe Hirao, BEENEXT, Digital Garage, Lightbox, Seven Train Ventures, and Finvolve, among others. The companys strategic capital infusion supports its ambition to expand and enhance its marketplace capabilities in Indias automotive sector.

Founded in 2015 by Asish Mohapatra, Bhuvan Gupta, Chandranshu Sinha, Nitin Jain, Ruchi Kalra, Srinath Ramakkrushnan, Vasant Sridhar, Biswajit Mishra, and Dhaval Radia, Ofbusiness is a prominent player in the enterprisetech sector, based in Gurugram. The company operates a unique business model that leverages technology to provide a platform for procurement and financing solutions tailored for small and medium enterprises. Using data analytics, Ofbusiness simplifies the supply chain process and offers competitive pricing on raw materials and credit facilities.

Ofbusiness achieved unicorn status in 2021. The startups investors include Tiger Global Management, SoftBank Vision Fund, Alpha Wave Global, Norwest Venture Partners, InnoVen Capital, Zodius Capital, Creation Investments Capital Management, and Kotak Mahindra Bank.This substantial backing has allowed Ofbusiness to strengthen its market presence and expand its service offerings for SMEs across India.

Founded in 2018 by Ashneer Grover, Bhavik Koladiya, and Shashvat Nakrani, BharatPe is a prominent fintech company based in New Delhi. The firms business model centres on providing payment solutions for small merchants, including a unique QR code mechanism that allows for seamless transactions, as well as offering lending services.By streamlining digital payments and credit access, BharatPe aims to empower small business owners across India.

BharatPe achieved unicorn status in 2021. Investors in BharatPe include Ribbit Capital, Peak XV, Innoven Capital, Mas Financial Services, Amplo, Beenext, Coatue Management, Dragoneer Investment Group, Steadfast Capital, Steadview Capital, and Tiger Global.

Founded in 2011 by Deepak Diwakar, Krishna Depura, Mohit Garg, and Nishant Mungali, MindTickle is an innovative enterprise technology company based in California. The firm specialises in sales readiness and enablement solutions, helping businesses enhance their sales performance through a suite of digital training platforms and analytics tools. Its business model primarily revolves around subscription-based offerings that empower organisations to effectively onboard, train, and assess their sales teams.

Achieving unicorn status in 2021, MindTickle has raised a total of $281.3 million in funding at a valuation of $1.2 billion. Notable investors include the SoftBank Vision Fund, Norwest Venture Partners, Canaan Partners, Accel, New Enterprise Associates, NewView Capital, and Qualcomm Ventures. The strategic backing from these investors has enabled MindTickle to strengthen its position in the fast-evolving enterprise technology landscape, supporting its mission to transform sales training and readiness initiatives for businesses.

Founded in 2015 by Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, and Ronnie Screwvala, Mumbai-based upGrad is a prominent player in the edtech sector. The company provides higher education degrees and enables skill development through online courses, catering to professionals seeking to enhance their skills or change careers. Its business model revolves around offering a range of programmes in collaboration with universities and industry experts, making quality education accessible to a wider audience.

Achieving unicorn status in 2021, upGrad has raised a total of $370 million in funding, with its latest valuation standing at $2.25 billion. Notable investors include Ronnie Screwvala, Temasek Holdings, EvolutionX Debt Capital, ETS Global, and IIFL Finance. The companys innovative approach to online education has positioned it as a leader in the rapidly evolving edtech landscape in India.

Founded in 2018 by Neeraj Khandelwal and Sumit Gupta, CoinDCX is a prominent cryptocurrency exchange. The Mumbai-based companys business model revolves around facilitating the buying, selling, and trading of a wide variety of cryptocurrencies, catering to both retail and institutional investors.CoinDCX leverages advanced technology and security measures to provide a seamless trading experience while promoting financial literacy in the crypto space.

Achieving unicorn status in 2021, CoinDCX has raised a total of $247 million in funding, with a valuation reaching $2.15 billion. Notable investors include Pantera Capital, Steadview Capital, Bain Capital Ventures, and Coinbase Ventures. CoinDCX serves as a key player in Indias rapidly evolving cryptocurrency landscape.

Founded in 2010 by Ashwin Damera and Chaitanya Kalipatnapu, Eruditus is a prominent player in the edtech sector. The Mumbai-based company focuses on providing high-quality online education through collaborations with various prestigious institutions across the globe. Its business model centres on offering professional and executive education programs, leveraging a blend of online and offline learning experiences to enhance accessibility and engagement for students.

Achieving unicorn status in 2021, Eruditus has raised a total funding of $1.3 billion, with a last private market valuation of approximately $3.1 billion. Notable investors include The Rise Fund, CPP Investments, Accel, SoftBank Vision Fund, Prosus Ventures, Leeds Illuminate, Peak XV Partners, Bertelsmann India Investments, and the Chan Zuckerberg Initiative. This strategic backing has empowered Eruditus to expand its offerings and solidify its position as an edtech company.

Founded in 2018 by Amrit Acharya, Rahul Sharma, Srinath Ramakkrushnan, and Vishal Chaudhary, Zetwerk is an innovative manufacturing platform based in Bengaluru. The company connects businesses with manufacturers, streamlining the supply chain process, and facilitating the production of custom products across various industries. Its business model focuses on digitising the manufacturing sector to make it more efficient, transparent, and accessible for both suppliers and buyers.

Zetwerk achieved unicorn status in 2021 and has raised a total of $768 million in funding. Currently, its valuation stands at $3.1 billion. Notable investors include Rakesh Gangwal, Khosla Ventures, Wheelhouse Ventures, BlackSoil, Avenir, Edelweiss Financial Services, Greenoaks, TradeCred, D1 Capital Partners, and Mars Growth Capital. The companys significant financial backing has positioned it to play a vital role in the crucial manufacturing and supply chain solutions landscape in India.

Founded in 2013 by Albinder Dhindsa, Rishi Arora (ex-co-founder), and Saurabh Kumar, Blinkit is a prominent grocery delivery service headquartered in Gurugram. The Eternal-owned company operates on a swift delivery model, focusing on ultra-fast grocery deliveries, often within minutes, utilising a network of dark stores carefully located for efficient logistics and rapid order fulfilment.

Achieving unicorn status in 2021, Blinkit has raised a total of $1.1 billion in funding, with a current valuation of $13 billion. Notable investors in Blinkit include Zomato, Tiger Global Management, KTB Ventures, Bennett Coleman and Co, SoftBank Vision Fund, Abu Dhabi Capital Group, Peak XV Partners, Sequoia Capital, and DSTs Apoletto Managers.This substantial financial backing has enabled Blinkit to expand its operations significantly and strengthen its market position in the burgeoning grocery ecommerce sector in India.

Founded in 2018 by Sai Srinivas Kiran G and Shubham Malhotra, Mobile Premier League (MPL) is a prominent gaming platform based in Bengaluru. The gaming tech company offers a variety of online games, including skill-based and casual games, where players can compete for real cash prizes. Its platform combines gaming with elements of esports, targeting an engaged audience looking to monetise their gaming skills.

MPL achieved unicorn status in 2021 and has secured a total funding of $390.5 million to date. The company is currently valued at approximately $2.19 billion, reflecting its significant growth within the competitive gaming market. Notable investors in MPL include Legatum, Moore Strategic Ventures, Composite Capital Management, Pegasus Tech Ventures, RTP Global, and Peak XV Partners. MPL has expanded its reach and reinforced its position as a leader in the burgeoning gaming industry in India.

Founded in 2019 by Nirmit Parikh and Aryan Kenchin (ex-co-founder), Apna is a prominent HRTech platform based in Bengaluru. The company connects blue-collar workers with potential employers, facilitating job opportunities through an innovative technology platform that effectively streamlines the hiring process.

Apna achieved unicorn status in 2021, taking just 2 years and 8 months to reach this milestone. To date, it has raised a total of $194 million in funding, with a current valuation of $1.1 billion. Notable investors include Tiger Global Management, Insight Partners, Peak XV Partners, and Lightspeed India Partners. This substantial financial backing has enabled Apna to expand its reach and enhance its offerings for blue-collar workers in India.

Founded in 2011 by Anand Prakash, Pulkit Jain, Saurabh Saxena (ex-co-founder), and Vamsi Krishna, Vedantu is a prominent online edtech platform. The Bengaluru-based companys business model revolves around providing live, interactive online tutoring sessions for students, catering to various academic needs across different age groups.Vedantu employs a technology - driven approach to enhance learning experiences and has developed a range of digital tools to facilitate virtual classrooms effectively.

Vedantu achieved unicorn status in 2021, with a valuation of approximately $920 million. The company has raised a total of $326 million in funding from notable investors such as Orios Venture Partners, ABC World Asia, Coatue, KB Global Platform Fund, WestBridge Capital, Tiger Global Management, Omidyar Network India, GGV Capital, and Accel.

Founded in 2015 by Abhay Hanjura, Vivek Gupta, Joe Manavalan (ex-co-founder), and Varun Sadana (ex-co-founder), Licious is a Bengaluru-based foodtech company specialising in the supply of fresh meat and seafood through its online platform. The companys business model centres on providing high - quality, hygienically processed, and farm - fresh products directly to consumers, leveraging a seamless technology platform to ensure efficiency in inventory management and delivery.

Licious achieved unicorn status in 2021, with a current valuation of $1.46 billion. The company has secured a total funding of $489.5 million from notable investors including 3one4 Capital, Multiples, Temasek Holdings, Vertex Growth Fund, Nichirin, Vertex Ventures, Bertelsmann, and Avendus. This strategic backing has empowered Licious to expand its presence and enhance market penetration in the rapidly evolving Indian foodtech landscape.

Founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, CoinSwitch Kuber is a prominent cryptocurrency exchange based in Bengaluru. The company enables users to trade a variety of cryptocurrencies seamlessly, offering an intuitive platform that simplifies the trading experience for both novice and seasoned investors.

CoinSwitch Kuber attained unicorn status in 2021, achieving a valuation of $1.9 billion within just 4 years and 9 months of its inception. To date, the company has raised a total of $300.6 million from notable investors such as Andreessen Horowitz, Coinbase Ventures, Tiger Global Management, and Ribbit Capital. This strategic funding has fortified its position in the increasingly competitive Indian cryptocurrency market.

Founded in 2010 by Jaydeep Barman and Kallol Banerjee, Rebel Foods is a prominent player in the foodtech sector. The Mumbai-headquartered company operates as a cloud kitchen, delivering foods from a variety of cuisines through its multiple brands, including Faasos, Behrouz Biryani, and Oven Story. Its unique business model leverages a network of kitchen facilities designed for efficiency and scalability, catering to the rising demand for food delivery in urban areas.

Achieving unicorn status in 2021, Rebel Foods has raised a total of $773 million in funding over its journey. Its last private market valuation stood at $1.4 billion, reflecting significant investor confidence in its innovative approach to the food delivery space. Notable investors include KKR, Temasek Holdings, Alteria Capital, InnoVen Capital, Qatar Investment Authority, Coatue, Goldman Sachs, and Lightbox. The strategic backing from these investors has enabled Rebel Foods to enhance its operational capabilities and expand its market presence in the competitive foodtech landscape.

Founded in 2008 by Amit Jain, Anurag Jain, and Umang Kumar, CarDekho is a prominent automotive platform based in Gurugram. The company provides users with comprehensive information on new and used cars, facilitating purchases through a seamless online experience. CarDekho also offers ancillary services such as insurance and loans, connecting buyers with dealerships and financial institutions.

Achieving unicorn status in 2021, CarDekho has raised a total of $692 million in funding to date, with its latest private market valuation reaching approximately $1.2 billion. Notable investors include Navis Capital Partners, LeapFrog Investments, Ping An Global Voyager, Hillhouse Investment, CapitalG, and Peak XV Partners, alongside Trifecta Capital Advisors.

Founded in 2009 by Bipin Singh, Chandan Joshi, Upasana Taku, and Sunali Aggarwal (ex-co-founder), MobiKwik is a leading fintech company based in Gurugram. The company primarily operates as a digital wallet and payment gateway, enabling users to make seamless online transactions, pay bills, and transfer money, thereby leveraging technology to simplify financial services for consumers and merchants alike.

MobiKwik achieved unicorn status in 2021, with a valuation of $474 million. To date, it has raised a total funding of $284 million from various notable investors, including BlackSoil, Karnation, Abu Dhabi Investment Authority, Hindustan Media Venture, Atma Securities, Bajaj Finserv, NDTV Limited, Trifecta Capital Advisors, Tianying Fu, and Gaurav Manglik.

Founded in 2016 by Varun Dua and Ruchi Deepak, ACKO Insurance is an innovative fintech company based in Bengaluru that offers digital insurance solutions. The companys business model centres around providing personalised insurance products directly to consumers through a digital platform, significantly simplifying the insurance purchasing process and enhancing customer experience.

ACKO achieved unicorn status in 2021, having raised a total of $595 million in funding. Its last private market valuation stood at $1.4 billion. Notable investors in ACKO include General Atlantic, Multiples, Munich Re Ventures, Binny Bansal, Ascent Capital, Amazon, NuVentures, Rajeev Gupta, Kris Gopalakrishnan, and Catamaran. The strategic funding has enabled ACKO to scale its innovative offerings in the competitive insurance landscape in India.

Founded in 2015 by Darpan Sanghvi, Priyanka Gill (ex-co-founder), and Naiyya Saggi, MyGlamm is a Mumbai-based beauty commerce platform that focuses on offering a diverse range of cosmetics and personal care products directly to consumers. The companys innovative business model integrates ecommerce with an extensive offline presence, allowing for a seamless shopping experience through both online and physical retail channels.

Achieving unicorn status in 2021, MyGlamm has raised a total of $138.4 million in funding to date, with a valuation of $1.2 billion. Notable investors include Trifecta Capital Advisors, Stride Ventures, Accel, Shraddha Kapoor, Amazon, Ascent Capital, Wipro Consumer Care Ventures, LOccitane en Provence, and Bessemer Venture Partners.The companys strategic investments have enabled it to strengthen its market presence in the rapidly evolving beauty and cosmetics industry in India.

Founded in 2016 by Ankit Nagori, Mukesh Bansal, and Rishabh Telang, Cure.fit is a prominent health and fitness company based in Bengaluru. The companys business model combines technology with physical fitness services, offering a holistic approach to health that includes fitness centres, healthy meal delivery, and mental well - being programmes.Through its innovative platform, Cure.fit aims to create a comprehensive ecosystem that addresses fitness, nutrition, and mindfulness.

Achieving unicorn status in 2021, Cure.fit has raised a total of $665 million in funding to date, with a current valuation of $1.5 billion. Notable investors include Valecha Investments, Zomato, Tata Digital, and Temasek Holdings, among others.

Founded in 2021 by Ananth Narayanan, Aniket Nikumb, Pawan Kumar Dasaraju, and Vinay Juluri, Mensa Brands is a Bengaluru-headquartered company operating on a house of brands strategy. The company acquires and scales digital-first consumer brands across various categories, allowing for synergistic growth and shared operational efficiencies.

Mensa Brands achieved unicorn status in the same year of its founding, taking just 10 months to reach a valuation of $1 billion. To date, the company has secured total funding amounting to $294 million. Notable investors include EvolutionX Debt Capital, TradeCred, Alpha Wave Global, Norwest Venture Partners, InnoVen Capital, and Accel, all of whom have contributed to Mensas ambitious objective of building and nurturing successful digital brands in India.

Founded in 2014 by Akhil Gupta, Amit Kumar Agarwal, and Saurabh Garg, NoBroker is a pioneering proptech platform based in Bengaluru. The companys business model is centred around eliminating brokerage fees in property transactions by connecting property owners directly with renters and buyers, thereby facilitating a more cost - effective process for all parties involved.

NoBroker achieved unicorn status in 2021, having raised a total funding of $368 million from notable investors, including Google, General Atlantic, Moore Strategic Ventures, Tiger Global Management, KTB Ventures, BEENEXT, and Elevation Capital. Its latest valuation stands at approximately $1.015 billion. The strategic investments have greatly enhanced NoBrokers capabilities and its position within the competitive Indian real estate market.

Founded in 2015 by Ganesh Pawar (ex-co-founder), Mohit Gupta, Niraj Singh, Ramanshu Mahaur, and Aarti Gupta, Spinny is a prominent automotive platform based in Gurugram. The company operates on a direct-to-consumer model, offering a hassle-free way to buy and sell pre-owned cars online. By providing customers with a transparent pricing mechanism and a quality assurance process, Spinny aims to simplify the often complex used car market in India.

Achieving unicorn status in 2021, Spinny has raised a total of $631 million in funding, with a current valuation between $1.7 billion and $8 billion. Its impressive list of investors includes notable figures and entities such as Sachin Tendulkar, Avenir, Abu Dhabi Growth Fund, Tiger Global Management, General Catalyst, Fundamentum, Accel, Elevation Capital, Blume Ventures, and Kunal Shah.

Founded in 2009 by Kavitha Subramanian, Raghu Kumar (ex-co-founder), Ravi Kumar, and Shrinivas Viswanath, Upstox is a prominent fintech company based in Mumbai. The company operates as a discount brokerage platform, enabling users to trade in stocks, commodities, and currencies. Its business model leverages technology to provide seamless trading experiences, making financial markets accessible to a broader audience.

Upstox achieved unicorn status in 2021 after raising a total funding of $220 million. The company has been valued at $3.5 billion, indicating strong investor confidence and significant growth potential within the Indian fintech landscape. Notable investors include BlackSoil, Xceed Investments, Tiger Global Management, Stride Ventures, InnoVen Capital, GVK Davix Technologies, and Kalaari Capital.

Founded in 2015 by Rajan Bajaj and Deepak Malhotra (ex-co-founder), Slice is a fintech company based in Bengaluru. The company offers innovative financial solutions, particularly targeting young consumers with its credit offerings, including virtual cards and easy payment solutions that are designed to simplify online shopping.

Slice achieved unicorn status in 2021, after a remarkable growth trajectory of 6 years and 10 months. It has raised a total funding of $342 million, with a latest valuation of $1.8 billion. Notable investors in Slice include Tiger Global Management, Insight Partners, and Blume Ventures, among others. This strategic backing has empowered Slice to enhance its product offerings and expand its presence in the rapidly evolving Indian fintech landscape.

Founded in 2018 by Dr Garima Sawhney, Harsimarbir (Harsh) Singh, and Dr Vaibhav Kapoor, Pristyn Care is a healthtech company based in Gurugram. It provides a seamless healthcare experience through advanced surgical procedures and patient-centric care. It leverages technology to connect patients with medical professionals, ensuring efficient service throughout the treatment process.

Pristyn Care achieved unicorn status in 2021, taking a total of 3 years and 11 months to reach this milestone. The company has raised a total funding of $181 million, with a current valuation of approximately $1.4 billion. Notable investors include Sequoia Capital, Tiger Global Management, Epiq Capital, Peak XV Partners, Hummingbird Ventures, Trifecta Capital, Kunal Shah, Winter Capital, and Tenacity Ventures. This backing has enabled Pristyn Care to expand its footprint in India.

"Founded in 2016 by Varun Alagh and Ghazal Alagh, Mamaearth is a prominent player in the beauty and personal care sector based in Gurugram. The companys business model centers around providing toxin-free, natural baby care, skincare, and haircare products. What started as a quest to find safer products for their newborn has evolved into a comprehensive personal care brand targeting millennials and Gen Z consumers. Mamaearth positions itself as Asias first brand to be certified 100% non-toxic by MADE SAFE and operates under parent company Honasa Consumer Pvt Ltd, offering over 80 natural products with ingredients like vitamin C, onion, charcoal, and ubtan.

Mamaearth achieved unicorn status in January 2022, becoming the first unicorn of 2022, after raising $52 million in funding led by Sequoia Capital at a valuation of $1.2 billion. The company has raised a total of $89.4 million over 7 rounds from notable investors including Sequoia Capital, Sofina Ventures, Fireside Ventures, Stellaris Venture Partners, Evolvence Capital, Peak XV Partners, Shilpa Shetty Kundra, and Kunal Bahl among others. The company went public in November 2023 through an IPO, making it one of the youngest Indian unicorns to list on the stock exchange, though it has since seen market valuation fluctuations.

Founded in 2021 by Supam Maheshwari and Nitin Agarwal, GlobalBees operates on a house of brands strategy. The Delhi-based company focuses on acquiring and scaling digitally native brands across various categories, employing a data-driven approach to optimise operations and enhance brand visibility through strategic marketing and distribution channels.

GlobalBees achieved unicorn status within just 11 months of its inception in 2021, reflecting its rapid growth and market acceptance. The company has raised a total of $279 million in funding, with a current valuation of $1.13 billion. Key investors include Avendus Capital, PremjiInvest, Trifecta Capital Advisors, FirstCry, Steadview Capital, SoftBank Vision Fund, Lightspeed India Partners, Chiratae Ventures, and Chrys Capital. This diverse backing underscores the confidence in GlobalBees innovative business model and its potential to dominate the ecommerce landscape.

Founded in 2000, Fractal is a prominent player in the analytics sector. The company leverages advanced analytics and artificial intelligence to help enterprises make data-driven decisions and drive business growth. Its business model centres on providing customised analytics solutions across various industries, enhancing operational efficiency and strategic capabilities.

Fractal achieved unicorn status in 2022, reflecting its significant growth and market presence. While specific revenue figures are not disclosed, the company has raised a total funding of approximately $685 million from a consortium of investors, including TPG Capital Asia, TA Associates, Khazanah Nasional, and Apax Partners.

Founded in 2012, Mumbai-based LEAD is a prominent player in the edtech sector. The company primarily focuses on providing school management solutions and educational content, aiming to empower educational institutions to deliver quality learning experiences through innovative technology.

LEAD achieved unicorn status in 2022, marking a significant milestone in its growth journey, which has taken a decade. The company has bagged a total of $185 million and was last valued at $1.1 billion after its Series E round, reflecting its strong position in the rapidly evolving education technology landscape. It has gained the trust of investors, including Stride Ventures, Alteria Capital, WestBridge Capital, GSV Ventures, and Elevar Equity.

Founded in 2015 by Chaitanya Peddi, Rohit Chennamaneni, and Jayant Paleti, Darwinbox is a prominent HRTech company based in Hyderabad. The company provides a comprehensive human resources management platform that integrates various HR functions, such as recruitment, onboarding, performance management, and employee engagement, through a user-friendly interface. Its business model centres on delivering a cloud-based software solution tailored to enhancing workforce productivity and streamlining HR processes for organisations.

Achieving unicorn status in 2022, Darwinbox has attracted significant investment from notable investors, including State Bank of India, Microsoft, SCB 10X, TCV, Salesforce Ventures, Peak XV Partners, iLabs Capital, StartupXseed Ventures, and Lightspeed India Partners. The companys last reported valuation reached $1.4 billion, reflecting growing confidence in its innovative approach to HR solutions in the competitive Indian market.

Founded in 2018 by Rajat Shikhar, Sankar Bora, Sourjyendu Medda, and Vineet Rao, DealShare is a social commerce platform based in Bengaluru. The company focuses on making groceries and daily essentials accessible to consumers through a peer-to-peer model that encourages group buying. This approach not only reduces costs but also enhances customer engagement by leveraging social connections.

DealShare achieved unicorn status in 2022, with a valuation of $1.7 billion. The startup has raised a total of $393 million from notable investors, including Tiger Global Management, Alpha Wave Global, WestBridge Capital, and Unilever Ventures. This substantial funding has empowered DealShare to expand its market reach and refine its platform, aiming to cater to Indias price - sensitive consumer base while fostering community - driven shopping experiences.

Founded in 2014 by Anuj Srivastava, Ramakant Sharma, Saurabh Jain, and Shagufta Anurag, Bengaluru-based Livspace is a prominent player in the home interiors sector. The company operates an integrated home renovation platform that connects consumers with a network of designers and contractors, offering a range of services from design planning to execution, thereby simplifying the home improvement process for homeowners.

Livspace achieved unicorn status in 2022, following a total funding of $527 million. Its latest valuation stands at approximately $1.2 billion, making it one of the leading startups in Indias home interiors market.The company has attracted substantial investment from notable firms such as Kohlberg Kravis Roberts, Saint - Gobain, Trifecta Capital Advisors, Tahoe Investment Group, Kharis Capital, Venturi Partners, IKEA, Goldman Sachs, and TPG Growth.This strategic backing has greatly enhanced Livspaces capabilities in capturing market share in the rapidly evolving home renovation landscape.

Founded in 2014 by Sandeep Deshmukh, Saurabh Nigam, and Shitiz Bansal, ElasticRun is a logistics technology company based in Pune. The firm operates a unique business model that leverages a network of rural transporters to facilitate the movement of goods from sellers to consumers, effectively bridging the gap in last-mile delivery in underserved areas. This innovative approach has enabled ElasticRun to optimise logistics for various sectors, enhancing operational efficiency across the supply chain.

Achieving unicorn status in 2022, ElasticRun has raised a total funding of $462 million, with a current valuation of $800 million, down from its previous valuation of $1.5 billion. Notable investors include Goldman Sachs, SoftBank Vision Fund, Avataar Venture Partners, Prosus Ventures, Kalaari Capital, Norwest Venture Partners, InnoVen Capital, and Chimera Investment.

Founded in 2015 by Amitava Saha and Supam Maheshwari, Xpressbees is a prominent logistics technology company based in Pune. The companys business model revolves around providing comprehensive logistics solutions, including last - mile delivery, warehousing, and supply chain management, efficiently leveraging technology to enhance operational effectiveness.

Xpressbees attained unicorn status in 2022, following a total funding of $630 million and a valuation of $1.47 billion. The companys investors include renowned names such as Teachers Venture Growth, Khazanah Nasional, Avendus Wealth Management, Chrys Capital, Blackstone Group, TPG Growth, Investcorp, Gaja Capital, Norwest Venture Partners, and Alibaba Group.This robust investment network has empowered Xpressbees to scale its operations in the rapidly evolving logistics sector in India.

Founded in 2008 by Ravi Saraogi and Umesh Sachdev, Uniphore is a pioneering enterprise technology company based in Palo Alto. The company focuses on conversational AI and automation, offering solutions that enhance customer experience through voice and speech recognition technologies. Uniphores business model centres on integrating AI - driven conversational capabilities into customer service, enabling businesses to streamline operations and improve service delivery.

Uniphore achieved unicorn status in 2022. Notable investors in the unicorn include New Enterprise Associates, Sorenson Capital, March Capital, and Kris Gopalakrishnan. This backing has positioned Uniphore as a key player in the growing enterprise tech sector, driven by the demand for innovative customer engagement solutions.

Founded in 2017 by Rajoshi Ghosh and Tanmai Gopal, Hasura is an enterprise technology company based in San Francisco. The company provides instant GraphQL APIs for existing databases, enabling developers to build and deploy applications rapidly. It offers a serverless platform that simplifies and accelerates the development of data-driven applications, catering to both startups and enterprises seeking to streamline their development processes.

Hasura, which achieved unicorn status in 2022, has raised a total of $239 million in funding. Its valuation currently stands at $1 billion. Investors include STRIVE, Vertex Ventures, Lightspeed Venture Partners, Greenoak, SAP.iO, and Michael Stoppelman. The financial backing has positioned Hasura to expand its reach and continue innovating within the rapidly evolving enterprise technology sector.

Founded in 2020 by Gaurav Kumar and Vineet Sukumar, CredAvenue, now rebranded as Yubi, operates in the fintech sector. The Chennai-based company provides a comprehensive platform for debt financing, connecting borrowers with lenders efficiently and transparently. This business model simplifies the capital-raising process for businesses by leveraging technology to streamline transactions and reduce costs.

CredAvenue achieved unicorn status in 2022, taking just over two years since its inception to do so. Notable investors in CredAvenue include Insight Partners, B Capital Group, Dragoneer, Sequoia Capital, Lightspeed, TVS Capital Funds, and Lightrock. This strategic backing has significantly bolstered the companys growth trajectory in the fintech space in India, enabling it to enhance its service offerings and expand its market reach.

Founded in 2008 by Baskar Subramanian, Srinivasan KA, and Srividhya Srinivasan, Amagi is an innovative enterprise technology company based in New York. The company primarily provides cloud-based solutions for broadcasting and streaming services, enabling clients to efficiently manage their content and distribution across various platforms.

The startup achieved unicorn status in 2022. It has raised a total funding of $359 million, and its last private market valuation stands at $1.44 billion. Notable investors in Amagi include General Atlantic, Accel, Emerald Media, PremjiInvest, Avataar Venture Partners, Norwest Venture Partners, Nadathur Holdings, and Ojas Venture Partners, who have facilitated Amagis growth and expansion within the media and entertainment sector.

Founded in 2016 by Asish Mohapatra, Bhuvan Gupta, and Ruchi Kalra, Oxyzo is a fintech company based in Gurugram. The companys business model revolves around providing financial solutions tailored for small and medium - sized enterprises(SMEs) in India.Oxyzo leverages technology to offer services such as online credit, invoice discounting, and working capital financing, enabling businesses to manage their cash flow more effectively.

The company became a unicorn in 2022. It has raised a total of $201 million in funding from notable investors including Alpha Wave Global, Norwest Venture Partners, Creation Investments Capital Management, LLC, Tiger Global Management, and Z47. Its last valuation stands at $1 billion, reflecting its robust growth and the increasing demand for digital financial services in the SME sector.

Founded in 2006 by Bhavin Pandya and Trivikraman Thampy, Games24x7 is a Mumbai-based company operating in the gaming tech sector. The firm develops a variety of online gaming experiences, including fantasy sports and casual games, leveraging advanced technology to enhance user engagement and retention.

Games24x7 attained unicorn status in 2022. It has a valuation of $2.5 billion and a total funding of $100 million. Notable investors include Malabar Investment Advisors, Tiger Global Management, and The Raine Group. The strategic investments have positioned Games24x7 to expand its market presence and innovate further within Indias burgeoning online gaming industry.

Founded in 2017 by Ajeesh Achuthan, Anish Achuthan, Deena Jacob, and Mabel Chacko, Open is a prominent fintech company based in Bengaluru. The company focuses on providing digital banking solutions for small and medium enterprises (SMEs), offering features such as business accounts, expense management, and automated financial insights. Its business model revolves around enhancing banking experiences through technology, streamlining financial operations for businesses.

Open achieved unicorn status in 2022, taking 5 years and 4 months since its founding to reach this milestone. To date, the company has raised a total of $186 million in funding. Its current valuation is about $940 million. Notable investors in Open include Arvon Investments, Temasek, Tiger Global Management, India Infoline, Speedinvest, 3one4 Capital, Wellfound, Beenext, Unicorn India Ventures, and Tanglin Venture Partners. This strategic influx of capital has enabled Open to strengthen its market position and expand its suite of services in India.

Founded in 2014 by Puneet Agarwal and Sanjay Aggarwal, Moneyview is a fintech company based in Bengaluru. Its business model revolves around providing users with comprehensive personal finance management tools, including budgeting, expense tracking, and investment insights. The fintech firm aims to empower consumers to make informed financial decisions.

Moneyview achieved unicorn status in 2024, taking approximately 10 years and 8 months to reach this milestone. The company has raised a total of $220 million in funding, and its latest valuation is $1.21 billion. Notable investors in the startup include Accel, Apis Partners, Tiger Global Management, Winter Capital, and Ribbit Capital, which have collectively supported the firm in enhancing its platform and expanding its user base in India.

Founded in 2013 by Swapnil Jain, Tarun Mehta, and Arun Vinayak, Ather Energy is a pioneering electric vehicle manufacturer based in Bengaluru. The company focuses on developing smart electric scooters and charging infrastructure, employing a direct-to-consumer model that enhances customer experience with connected technology and features.

Ather Energy achieved unicorn status in 2024, after 11 years and 4 months of operation. The company has raised a total of $502 million in funding, and has a current valuation of $714 million. Key investors include the National Investment and Infrastructure Fund (NIIF), Stride Ventures, Hero MotoCorp, GIC, Caladium Investments, and InnoVen Capital. This strategic backing has enabled Ather Energy to expand its production capacity and innovate within the rapidly growing electric vehicle market in India.

Founded in 2015 by Aravind Sanka, Pavan Guntupalli, and Rishikesh SR, Rapido is a Bengaluru-based startup operating in the automotive sector. The company provides mobility services aimed at addressing urban transportation challenges by offering fast and economical alternatives. Users can book rides through a mobile app, which connects them with registered riders, enhancing both convenience and accessibility.

Achieving unicorn status in 2024, Rapido has raised a total funding of $559 million, with its last private market valuation at $1.08 billion. Notable investors include Prosus Ventures, WestBridge Capital, Swiggy, and Nexus Venture Partners, among others. This significant financial backing has enabled Rapido to expand its service offerings and bolster its market positioning in Indias burgeoning transportation ecosystem.

Founded in 2014 by Pranav Goel, Uttam Digga, and Vikas Choudhary, Porter is a prominent logistics startup based in Bengaluru. The companys business model focuses on providing on - demand logistics solutions, enabling businesses and individuals to transport goods efficiently through a user - friendly app that connects clients with drivers.

Achieving unicorn status in 2024, Porter has raised a total of $332 million in funding. Notable investors include Peak XV Partners, Sequoia Capital, Mahindra, Vitruvian Partners, Tiger Global Management, Kae Capital, Lightstone Ventures, Innoven Capital, Lightrock, and QED Innovation Labs.

Founded in 2008 by Debasish Chakraborty, V.R. Govindarajan, Kunnath Santosh, and Sandal Kotawala, Perfios is a Bengaluru-based fintech company. The companys business model revolves around providing automated financial data aggregation and analysis solutions for banks, lending institutions, and businesses.By leveraging advanced technology, Perfios enables its clients to make data - driven decisions and streamline their operations.

Perfios achieved unicorn status in 2024, taking 16 years and 2 months to reach this milestone. The companys total funding amounts to $441 million.Notable investors include Teachers Venture Growth, Kedaara Capital, Bessemer Venture Partners, Warburg Pincus, and Stride Ventures, among others.These strategic investments have enhanced Perfioss capabilities in the competitive fintech landscape, supporting its growth in the evolving digital finance sector in India.

Founded in 2016 by Bhupinder Singh, InCred Finance is a Mumbai-based financial services company. The firm focuses on providing innovative lending solutions across various consumer and small business segments, utilising technology to enhance customer experience and streamline operations.

InCred achieved unicorn status in 2023, after 7 years and 10 months of operation. The company has raised a total funding of $373 million, with a valuation of $1.04 billion. Notable investors include KKR, Paragon Partners, FMO, Ranjan Pai, Barclays, Investcorp, Bank of India, Elara Capital, and Union Bank of India.

Founded in 2020 by Aadit Palicha and Kaivalya Vohra, Zepto is an innovative quick commerce platform headquartered in Bengaluru. The companys business model centres on rapid grocery delivery, offering a wide selection of everyday essentials delivered to consumers within minutes, facilitated by a network of strategically located dark stores.

Zepto achieved unicorn status in 2023, having raised a total of $1.95 billion to date. Its latest valuation stands at $5 billion, reflecting strong investor confidence and rapid growth in the fast-paced quick commerce sector. Notable investors in Zepto include Motilal Oswal Wealth, General Catalyst, Mars Growth Capital, StepStone Group, Nexus Venture Partners, Glade Brook Capital Partners, Goodwater Capital, and Y Combinator Continuity Fund, among others. The strategic funding has enabled Zepto to scale its operations and strengthen its position in the competitive grocery delivery market in India.

Founded in 2016 by Aman Gupta and Sameer Mehta, boAt is an Indian consumer electronics brand based in Gurugram. The company specialises in producing a range of stylish audio products, including headphones, earphones, and speakers, as well as smart wearable devices like smartwatches. boAt offers high-quality products at competitive prices, leveraging a strong online presence and strategic partnerships for distribution.

Achieving unicorn status in 2022, boAt has raised a total of $176 million in funding, with a notable valuation of $1.4 billion. Key investors include Fireside Ventures, Warburg Pincus, Qualcomm Ventures, Malabar Investments, South Lakes Investment, Innoven Capital, Navi, and celebrity investor Ranveer Singh. This influx of capital has enabled boAt to enhance its product offerings and expand its reach within the rapidly growing consumer electronics market in India.

Founded in 2000 by Chandrasekhar Nair and Sriram Natarajan, Molbio Diagnostics is a pioneering company based in Goa. It focuses on manufacturing diagnostic solutions, particularly for infectious diseases. The companys business model centres on developing cutting - edge technologies that enable rapid, accurate, and decentralised testing, significantly enhancing healthcare delivery in resource - limited settings.

Achieving unicorn status in 2022, Molbio Diagnostics has raised a total of $124 million in funding, and its latest private market valuation is approximately $1.6 billion. Notable investors include Motilal Oswal, Temasek, and Ashish Kacholia, alongside a consortium of other financial entities. This substantial financial backing has facilitated the companys expansion and innovation within the rapidly evolving diagnostics sector in India.

Founded in 2012 by Akshay Ghulati, Gautam Kapoor, Saahil Goel, and Vishesh Khurana, Shiprocket is a prominent ecommerce logistics platform headquartered in Gurugram. The companys business model centres on providing end - to - end logistics solutions for ecommerce businesses, enabling them to streamline their shipping processes by integrating with multiple courier partners and offering competitive rates.

Shiprocket achieved unicorn status in 2022, having raised a total of $399 million in funding to date. The company is currently valued at $1.2 billion, reflecting its significant impact on the logistics landscape for ecommerce in India. Notable investors include KdT Ventures, McKinsey & Company, Lightrock, Temasek Holdings, Zomato, PayPal Ventures, Bertelsmann India Investments, Info Edge Ventures, Tribe Capital, and Nirvana Venture Advisors.

Founded in 2019 by Anurag Sinha, Rupesh Kumar, Vibhav Kirit Hathi, Hari Velayudan, and Devang Shah, OneCard is a fintech company based in Pune. The companys business model revolves around providing a digital banking platform that offers users a seamless credit card experience, integrating payments and financial management tools through its mobile application.

OneCard achieved unicorn status in 2022, having raised a total funding of $262 million, with a valuation of $1.4 billion. Notable investors include QED Investors, Temasek, Sequoia Capital, Peak XV Partners, Z47, Hummingbird Ventures, and Alteria Capital. This strategic backing has enabled OneCard to expand its offerings and enhance its presence in the competitive fintech sector in India.

Founded in 2011 by Nilesh Patel, Prashant Singh, Sudhakar Gorti (ex-co-founder), Sukhbir Kalsi, and Anand Kumar, LeadSquared is a prominent SaaS (software-as-a-service) platform based in Bengaluru. The companys business model centres around providing comprehensive marketing automation and customer relationship management solutions, designed to help businesses optimise their customer engagement and streamline sales processes.

Achieving unicorn status in 2022, LeadSquared has raised a total of $204 million in funding. Notable investors include Gaja Capital, JI Company, WestBridge Capital, Dinesh Agarwal, Stakeboat Capital, Jyoti Bansal, Sheshagiri Rao Papilkar, Saksoft, and Prashant Chaudary.

Founded in 2011 by Manish Taneja, Rahul Dash, and Suyash Katyayani, Purplle is an ecommerce platform specialised in beauty and personal care products. Headquartered in Mumbai, the company offers a wide array of cosmetics, skincare, and wellness products to consumers through its user-friendly online marketplace, while also leveraging partnerships with various brands to enhance its product offerings and customer experience.

Purplle achieved unicorn status in 2022, following a significant fundraising journey that accumulated a total of $560 million in funding. Notable investors in Purplle include Blume Ventures, the Abu Dhabi Investment Authority (ADIA), Sequoia Capital, Goldman Sachs, Premji Invest, and Kedaara, among others.

Founded in 2020 by Alakh Pandey and Prateek Maheshwari, Physics Wallah is a prominent edtech platform based in Noida. The company aims to provide affordable and quality educational resources primarily for engineering and medical entrance examinations. Its business model primarily revolves around offering online classes, recorded lectures, and curated study materials, making education more accessible to students across India.

Physics Wallah achieved unicorn status in 2022. Notable investors in the company include WestBridge Capital, Hornbill Capital, Lightspeed Venture Partners, GSV Ventures, MMPL Trust, Konark Trust, Setu Aif Trust, and Rajat Pandey. This robust funding has enabled the company to enhance its offerings and expand its user base in the competitive edtech landscape.

Founded in 2004 by Bhanu Chopra, RateGain is a prominent player in the hospitality sector, headquartered in Noida. The company offers AI-driven solutions that assist hotels, travel companies, and online travel agencies in revenue management, distribution, and marketing, optimising their operations and enhancing profitability.

RateGain achieved unicorn status in 2024, highlighting its significant growth over two decades. Notable investors in the company include TA, Avataar Ventures, Plutus Wealth Management, Ajay Bahl, Ankit Aggarwal, and Mark Skroch.

Founded in 2008 by Nishant Pitti, Prashant Pitti, and Rikant Pitti, EaseMyTrip is an online travel and tourism company based in New Delhi. It provides users with a comprehensive platform for booking flights, hotels, and holiday packages, thereby simplifying the travel experience through competitive pricing and a user-friendly interface.

EaseMyTrip attained unicorn status in 2021, following a noteworthy journey of 13 years in the industry. Some of the notable investors in the company include Nomura, among others, reflecting strong confidence in EaseMyTrips potential to capture a growing share of the rapidly expanding ecommerce travel market in India.The companys strategic initiatives continue to enhance its reputation as a reliable and efficient travel service provider.

Founded in 2021 by Prateek Dwivedi, Pratik Gauri, and Vilma Mattila (ex-co-founder), 5ire is a London-based fintech company that aims to revolutionise the financial sector through its innovative blockchain technology. The companys business model focuses on providing solutions that enhance trust and efficiency in financial transactions, primarily targeting enterprises and institutions looking to integrate blockchain into their operations.

5ire achieved unicorn status in 2022, just 11 months after its founding, reflecting its rapid growth and market acceptance. The company has raised a total of $121 million in funding, with a last reported valuation of $1.5 billion. Notable investors in 5ire include Global Emerging Markets, Alphabit, Extra Watts, Magnus Capital, Cosmo, Alpha Capital, GAINS Associates, MH Ventures, Avstar, and Moonrock Capital. This strategic backing has enabled 5ire to strengthen its market presence and accelerate the development of its fintech solutions.

Founded in 2015 by Gaurav Agarwal, Prashant Tandon, and Vikas Chauhan (ex-co-founder), 1MG is a prominent player in the healthtech sector. The Gurugram-based company operates an online platform that provides a range of healthcare services, including the sale of medicines, health products, and access to diagnostic services. Its business model integrates ecommerce with healthcare, facilitating consumers to manage their health needs conveniently from their homes.

1MG achieved unicorn status in 2022. Notable investors in the company include HBM Healthcare Investments, Sequoia Capital, the International Finance Corporation (IFC), Maverick Ventures, and the Gates Foundation, among others.

Founded in 2023 by Bhavish Aggarwal, Krutrim is an innovative player in the generative AI sector based in Bengaluru. The company is focused on harnessing advanced AI technologies to create tailored solutions for various industries, enhancing productivity and enabling automation in creative processes.

Krutrim achieved unicorn status in 2024. Some of its notable investors include Z47 and the Sarin Family India. This substantial backing has positioned Krutrim to expand its operations and continue driving innovation within the rapidly evolving generative AI landscape.

Founded in 2015 by Avneesh Agrawal and David Julian, Netradyne is a pioneering technology company based in San Diego, California, specialising in fleet management. The company leverages advanced artificial intelligence (AI) and machine learning (ML) to enhance driver safety and efficiency. Netradyne provides robust analytics and real-time feedback to commercial fleets, helping reduce operating costs and improve overall performance.

Netradyne achieved unicorn status in 2025. Notable investors in the company include Point72 Private Investments, Qualcomm Ventures, Pavilion Capital, SoftBank, M12 (Microsofts Venture Fund), and Reliance Industries.