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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

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