In today’s world, unicorn startups are not as uncommon as ever; however, building a unicorn startup is not easy. Climbing the unicorn ladder requires a lot of hard work, commitment, and perseverance throughout the startup journey. And those who have received the title of unicorn are discussed in this article.
Unicorn startup consists of two words, “unicorn” and “startup”. Unicorn is a business term used to define startups with a valuation of over $1 billion. The term was coined by Aileen Lee, a venture capitalist, and a seed investor. On the other hand, startups are privately-owned companies that are usually in the early stages of their development.
CARS24
CARS24 brings buyers and sellers online through an intuitive, tech-enabled platform that simplifies and streamlines the pre-owned car buying process.
Industry: AI, B2C, eCommerce, Sales Automation, Software
Valuation: $1.00B (November 2020)
Founders: Gajendra Jangid, Mehul Agrawal, Ruchit Agarwal, Vikram Chopra
Founded: 2015
Location: Gurugram, India
BharatPe
BharatPe is an Indian digital payments app, merchant aggregator, and payment platform that encourages digital payments through QR and POS. This is not a government company but a private limited company known as Resilient Innovation Pvt Ltd.
Industry: Financial Services, Fintech
Valuation: $2.85 Billion (August 2021)
Founders: Ashneer Grover, Bhavik Koladiya, Shashvat Nakrani
Founded: 2018
Location: Delhi, India
Delhivery
Delhivery is a state-of-the-art logistics service provider that develops customized supply chain solutions for enterprises.
Industry: E-Commerce, Logistics, Shipping, Supply Chain Management, Transportation
Valuation: $1.50B (February 2019)
Founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, Suraj Saharan
Founded: 2011
Location: Gurugram, India
Nxtra Data
Nxtra Data is a leading information technology-based company, providing businesses worldwide with high-quality and technology-driven data products, services, and solutions.
Industry: Data Center, Information Services, Information Technology
Valuation: $1.20B (July 2020)
Founders: Rajesh Tapadia
Founded: 2013
Location: Gurugram, India
Urban Company
Urban Company is Asia’s largest home service company as it is an all-in-one platform that helps users to find professionals for various home services. The platform is based out of Gurgaon and provides professional home cleaning services to beauticians, masseuses, and even carpenters.
Industry: Home Services
Valuation: $2.1 billion (June 2021)
Founders: Abhiraj Bhal, Varun Khaitan, and Raghav Chandra
Founded: 2014
Location: Gurugram, India
Paytm
Paytm is one of the largest unicorn startups in India. The fintech startup is famous for its payment gateway service, which helps consumers make seamless payments to vendors from their bank accounts.
Industry: E-commerce finance
Valuation: $16 billion (June 2021)
Founders: Vijay Shekhar Sharma
Founded: 2010
Location: Noida, India
OYO
OYO is one of the top travel startups in India. Budget hotels are among the biggest hospitality startups in India. The startup also works in liaison with existing hotels and provides vacant rooms to travelers at affordable rates.
Industry: Hospitality
Valuation: $9 billion (July 2021)
Founders: Riteish Agarwal
Founded: 2013
Location: Gurgram, India
Pine Labs
Pine Labs is an Indian merchant platform, equipped with financing and last-mile retail transaction technology, to help merchants and institutions receive their payments through easy and secure POS apps and devices.
Industry: Fintech, Financial Services, Payments
Valuation: $3 billion (May 2021)
Founders: Rajul Garg, Tarun Upaday
Founded: 1998
Location: Noida, India
GlobalBees
GlobalBees is a Thracio-style startup focused on acquiring other companies, especially startups, and raising them with enough funding and resources to create delightful product experiences. GlobalBees can also be considered as the enterprise arm of FirstCry.
Industry: Investment
Valuation: $1.1 billion+ (December 2021)
Founders: Nitin Agarwal, Supam Maheshwari
Founded: 2021
Location: Delhi, India
Zomato
Zomato is an Indian food delivery startup restaurant aggregator. Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chadha. Zomato primarily provides solid restaurant information, menus, and user reviews. Along with this, Zomato also has the option of food delivery from partner restaurants in select cities.
Industry: Online food ordering and Retail
Valuation: $8 billion (July 2021)
Founders: Deepinder Goyal, Pankaj Chaddah
Founded: 2008
Location: Gurugram, India
