List of Unicorn startups in India – 2022

Indians founded 119 unicorns, of which 65 are outside of India and 54 are in India. Of those founded abroad, significantly all are in the USA, led by the Bay Area, with two in each of the UK and Singapore, and one in each of Germany and Mexico.

following is the list of Unicorn startups founded by Indians

InMobi

Sector	Adtech – Mobile Ads
Last Valuation	1
valuation Year	2011
Established
Location	Bangalore
Major Investors	KPCB, Sherpalo Ventures, SoftBank

Mu Sigma

Sector	SaaS – Analytics
Last Valuation	1.5
valuation Year	2013
Established
Location	Bangalore
Major Investors	Accel, Sequoia Capital, General Atlantic

Flipkart

Sector	E-Commerce
Last Valuation	37.6
valuation Year	2012
Established
Location	Bangalore
Major Investors	Accel, Tiger Global, Naspers, SoftBank, Tencent

Snapdeal

Sector	E-Commerce
Last Valuation	2.4
valuation Year	2014
Established
Location	Delhi
Major Investors	Kalaari Capital, Nexus Ventures, Bessemer, SoftBank, Alibaba

Ola Cabs

Sector	Mobility – Ride Aggregator
Last Valuation	6.7
valuation Year	2015
Established
Location	Bangalore
Major Investors	Tiger Global, Matrix Partners, Steadview, SoftBank, Tencent

PayTM

Sector	Fintech – Payments & Wallet
Last Valuation	16
valuation Year	2015
Established
Location	Noida
Major Investors	Saama Capital, Elevation Capital, Alibaba, Berkshire Hathway

Quikr

Sector	Marketplace – Classifieds
Last Valuation	1.5
valuation Year	2015
Established
Location	Bangalore
Major Investors	Matrix Partners, Omidyar Network, Norwest, Kinnevik

Zomato

Sector	Foodtech
Last Valuation	5.4
valuation Year	2015
Established
Location	Gurgaon
Major Investors	Info Edge, Sequoia Capital, Vy Capital, Alibaba

Hike

Sector	Social Media – Messaging
Last Valuation	1.4
valuation Year	2016
Established
Location	Delhi
Major Investors	Tiger Global, Tencent, Foxconn

ShopClues

Sector	E-Commerce
Last Valuation	1.1
valuation Year	2016
Established
Location	Gurgaon
Major Investors	Nexus Ventures, Helion Ventures, Beenos, Tiger Global, Others

BYJUS

Sector	Edtech
Last Valuation	16.5
valuation Year	2018
Established
Location	Bangalore
Major Investors	Aarin Capital, Sequoia Capital, Lightspeed Ventures, Tencent, General Atlantic, Tiger Global

PayTM Mall

Sector	E-Commerce
Last Valuation	3
valuation Year	2018
Established
Location	Bangalore
Major Investors	Elevation Capital, Alibaba, SoftBank, eBay

Swiggy

Sector	Foodtech
Last Valuation	5.5
valuation Year	2018
Established
Location	Bangalore
Major Investors	Accel, Elevation Capital, Norwest, Naspers, Tencent

PolicyBazaar

Sector	Fintech – Insurance
Last Valuation	2.4
valuation Year	2018
Established
Location	Gurgaon
Major Investors	Info Edge, Intel, Inventus Capital, Tiger Global, SoftBank, Tencent

OYO Rooms

Sector	Proptech – Hotel Booking
Last Valuation	9.6
valuation Year	2018
Established
Location	Gurgaon
Major Investors	Lightspeed Ventures, Sequoia Capital, SoftBank

Udaan

Sector	B2B E-Commerce
Last Valuation	3.1
valuation Year	2018
Established
Location	Bangalore
Major Investors	Lightspeed Ventures, DST Global, Tencent

Freshworks

Sector	SaaS – CRM
Last Valuation	3.5
valuation Year	2018
Established
Location	Chennai/San Mateo
Major Investors	Accel, Tiger Global, Google, Sequoia Capital

BillDesk

Sector	Fintech – B2B Payments
Last Valuation	1.6
valuation Year	2018
Established
Location	Mumbai
Major Investors	SIDBI VC, TA Associates, General Atlantic

Delhivery

Sector	Logistics Services
Last Valuation	3
valuation Year	2019
Established
Location	Gurgaon
Major Investors	Nexus Ventures, Multiples PE, Tiger Global, Carlyle, SoftBank, Fosun Group

Dream11

Sector	Gaming
Last Valuation	5
valuation Year	2019
Established
Location	Mumbai
Major Investors	Kalaari Capital, Tencent, Multiples PE, Steadview, Falcon Edge Capital

BigBasket

Sector	E-Commerce – Groceries
Last Valuation	2
valuation Year	2019
Established
Location	Bangalore
Major Investors	Ascent Capital, Helion Ventures, Bessemer, IFC, Alibaba

Rivigo

Sector	Logistics Services
Last Valuation	2
valuation Year	2019
Established
Location	Gurgaon
Major Investors	Elevation Capital, Warburg Pincus

Rivigo

Sector	Logistics Services
Last Valuation	1.1
valuation Year	2019
Established
Location	Gurgaon
Major Investors	Elevation Capital, Warburg Pincus

Druva Software

Sector	SaaS – Data Management
Last Valuation	2
valuation Year	2019
Established
Location	Pune/Sunnyvale
Major Investors	WestBridge, Nexus Ventures, Sequoia Capital

Icertis

Sector	SaaS – Contract Management
Last Valuation	2.8
valuation Year	2019
Established
Location	Pune/Bellevue
Major Investors	Eight Roads, B Capital, PremjiInvest

CitiusTech

Sector	IT Services – Healthcare
Last Valuation	1.1
valuation Year	2019
Established
Location	Mumbai/Princeton
Major Investors	General Atlantic, Baring Asia

Ola Electric

Sector	Mobility – Electric
Last Valuation	1.1
valuation Year	2019
Established
Location	Bangalore
Major Investors	SoftBank, Tiger Global, Matrix Partners

Lenskart

Sector	E-Commerce – Eyewear
Last Valuation	2.5
valuation Year	2019
Established
Location	Bangalore
Major Investors	SoftBank, Kedaara Capital, TPG, Chiratae Ventures, TR Capital

Pine Labs

Sector	Fintech – PoS Payment Solutions
Last Valuation	3
valuation Year	2020
Established
Location	Noida
Major Investors	Sequoia Capital India, New Atlantic Ventures, Altimeter Capital, Temasek, Mastercard

Nykaa

Sector	E-Commerce – Personal Care & Cosmetics
Last Valuation	1.8
valuation Year	2020
Established
Location	Mumbai
Major Investors	Techpro Ventures, TVS Capital, Sharrp Ventures, TPG Growth

Postman

Sector	SaaS – API Development & Testing
Last Valuation	5.6
valuation Year	2020
Established
Location	Bangalore/San Francisco
Major Investors	Nexus Ventures, Charles River Ventures, Insight Venture Partners

Unacademy

Sector	Edtech
Last Valuation	3.4
valuation Year	2020
Established
Location	Bangalore
Major Investors	Blume Ventures, Nexus Venture Partners, Sequoia Capital India, Elevation Capital, General Atlantic, SoftBank

RazorPay

Sector	Fintech – Payment Gateway
Last Valuation	3
valuation Year	2020
Established
Location	Bangalore
Major Investors	Matrix Partners India, Tiger Global, Sequoia Capital India, DST Global

Cars24

Sector	Marketplace – Used Cars
Last Valuation	1.8
valuation Year	2020
Established
Location	Gurgaon
Major Investors	Asia Venture Group, Apoletto, Unbound, DST Global, Sequoia Capital India, SoftBank

PhonePe

Sector	Fintech – Payments
Last Valuation	5.5
valuation Year	2020
Established
Location	Bangalore
Major Investors	Tiger Global, Tencent

Zenoti

Sector	SaaS – Salon & Spa Management
Last Valuation	1.5
valuation Year	2020
Established
Location	Hyderabad/Bellevue
Major Investors	Accel India, Norwest, Tiger Global, Steadview Capital, Advent International

Dailyhunt

Sector	Content – News
Last Valuation	3
valuation Year	2020
Established
Location	Bangalore
Major Investors	Matrix Partners India, Omidyar Network, Sequoia Capital India, Falcon Edge Capital

Glance InMobi

Sector	Content – Lockscreen
Last Valuation	1
valuation Year	2020
Established
Location	Bangalore
Major Investors	Mithril Capital, Google

Digit

Sector	Fintech – General Insurance
Last Valuation	3.5
valuation Year	2021
Established
Location	Bangalore
Major Investors	Fairfax Holdings, A91 Partners, Faering Capital, TVS Capital

Innovaccer

Sector	SaaS – Healthcare Data Analytics
Last Valuation	1.3
valuation Year	2021
Established
Location	Noida
Major Investors	WestBridge, Lightspeed Ventures, M12 (Microsoft), Tiger Global

Infra.Market

Sector	B2B E-Commerce – Construction Materials
Last Valuation	2.5
valuation Year	2021
Established
Location	Thane
Major Investors	Accel India, Nexus Venture Partners, Tiger Global, Evolvence India

Five Star Business Finance

Sector	NBFC
Last Valuation	1.4
valuation Year	2021
Established
Location	Chennai
Major Investors	Matrix Partners India, Sequoia Capital India, Norwest, Morgan Stanley, TPG Capital

FirstCry

Sector	E-Commerce – Baby Care Products
Last Valuation	1.7
valuation Year	2021
Established
Location	Pune
Major Investors	Chiratae Ventures, Elevation Capital, Vertex, SoftBank

Meesho

Sector	E-Commerce – Social Commerce
Last Valuation	4.9
valuation Year	2021
Established
Location	Bangalore
Major Investors	Sequoia Capital India, Elevation Capital, SoftBank, Naspers

CRED

Sector	Fintech – Payments & Credit Card Rewards
Last Valuation	4
valuation Year	2021
Established
Location	Bangalore
Major Investors	Sequoia Capital India, Ribbit Capital, DST Global, Falcon Edge Capital

PharmEasy

Sector	E-Commerce – Online Pharmacy
Last Valuation	5.6
valuation Year	2021
Established
Location	Mumbai
Major Investors	Orios VP, Eight Roads Ventures, Temasek, Naspers

Groww

Sector	Fintech – Brokerage & Mutual Funds
Last Valuation	3
valuation Year	2021
Established
Location	Bangalore
Major Investors	Sequoia Capital India, Y Combinator, Tiger Global, Ribbit Capital

ShareChat

Sector	Social Media
Last Valuation	2.8
valuation Year	2021
Established
Location	Bangalore
Major Investors	India Quotient, Elevation Capital, Lightspeed Ventures, Tiger Global, Twitter

Gupshup

Sector	Conversational Messaging
Last Valuation	1.4
valuation Year	2021
Established
Location	Mumbai
Major Investors	Tiger Global, Charles River Ventures, Helion Ventures

ChargeBee

Sector	SaaS – Subscription Billing Solution
Last Valuation	1.4
valuation Year	2021
Established
Location	Chennai
Major Investors	Tiger Global, Steadview Capital, Sapphire Ventures, Accel India, Insight Venture Partners

Urban Company

Sector	Marketplace – Handyman Services
Last Valuation	2.1
valuation Year	2021
Established
Location	Delhi
Major Investors	Tiger Global, Steadview Capital, Accel India, Elevation Capital, Vy Capital, Prosus Ventures

Moglix

Sector	B2B E-Commerce – Industrial Equipment
Last Valuation	1
valuation Year	2021
Established
Location	Noida
Major Investors	Accel India, Jungle Ventures, Tiger Global, Sequoia Capital India, IFC

Zeta

Sector	Fintech – Enterprise Software – Neo Banking
Last Valuation	1.4
valuation Year	2021
Established
Location	Bangalore/San Francisco
Major Investors	SoftBank

BrowserStack

Sector	SaaS – Software Testing
Last Valuation	4
valuation Year	2021
Established
Location	Mumbai/Dublin
Major Investors	Accel, Bond Capital, Insight Venture Partners

BlackBuck

Sector	Logistics Services
Last Valuation	1
valuation Year	2021
Established
Location	Bangalore
Major Investors	Accel India, Sequoia Capital India, Sands Capital, IFC, Tiger Global

Droom

Sector	Marketplace – Used Cars
Last Valuation	1.2
valuation Year	2021
Established	Gurgaon
Location
Major Investors	Beenos Partners, Lightbox, Axis Capital Partners, Beenext

OfBusiness

Sector	NBFC – SME Loans
Last Valuation	3
valuation Year	2021
Established
Location	Gurgaon
Major Investors	SoftBank, Matrix Partners India, Zodius Capital, Falcon Edge Capital

BharatPe

Sector	Fintech – Payments
Last Valuation	2.8
valuation Year	2021
Established
Location	Delhi
Major Investors

MindTickle

Sector	SaaS – HR – Training
Last Valuation	1.2
valuation Year	2021
Established
Location	Pune/San Francisco
Major Investors	SoftBank, Accel India, Qualcomm Ventures, Norwest

upGrad

Sector	Edtech – Higher Studies
Last Valuation	1.2
valuation Year	2021
Established
Location	Mumbai
Major Investors	Temasek, IFC

CoinDCX

Sector	Cryptocurrency Exchange
Last Valuation	1.1
valuation Year	2021
Established
Location	Mumbai
Major Investors	B Capital, Coinbase Ventures, Polychain Capital

Eruditus

Sector	Edtech – Executive Education
Last Valuation	3.2
valuation Year	2021
Established
Location	Mumbai
Major Investors	SoftBank, Accel, Sequoia Capital India, Bertelsmann India Investments

Grofers

Sector	E-Commerce – Groceries
Last Valuation	1
valuation Year	2021
Established
Location	Gurgaon
Major Investors	Tiger Global, Sequoia Capital India, SoftBank, Apoletto, Zomato

Zetwerk

Sector	Marketplace – Manufacturing Services
Last Valuation	1
valuation Year	2021
Established
Location	Bangalore
Major Investors	Kae Capital, Sequoia Capital India, Accel India, Lightspeed Ventures, D1 Capital Partners

Mobile Premier League

Sector	Gaming
Last Valuation	2.3
valuation Year	2021
Established
Location	Bangalore
Major Investors	Sequoia Capital India, Beenext, Moore Strategic Ventures, RTP Global, VH Capital

Apna.co

Sector	Marketplace – Jobs
Last Valuation	1.1
valuation Year	2021
Established
Location	Bangalore
Major Investors	Sequoia Capital India, Lightspeed Ventures, Tiger Global, Insight Venture Partners

Vedantu

Sector	Edtech
Last Valuation	1
valuation Year	2021
Established
Location	Bangalore
Major Investors	Accel India, Tiger Global, Omidyar Network, WestBridge, ABC World Asia

Licious

Sector	D2C
Last Valuation	1
valuation Year	2021
Established
Location	Bangalore
Major Investors	Mayfield, 3ONE4 Capital, Sistema Asia Fund, Bertelsmann India, Vertex, Multiples PE

CoinSwitch

Sector	Cryptocurrency Exchange
Last Valuation	1.9
valuation Year	2021
Established
Location	Bangalore
Major Investors	Tiger Global, Sequoia Capital India, Ribbit Capital, Andreessen Horowitz, Coinbase Ventures

Rebel Foods

Sector	Foodtech – Cloud Kitchen
Last Valuation	1.4
valuation Year	2021
Established
Location	Mumbai
Major Investors	Sequoia Capital India, Lightbox, Coatue Management, RTP Global, QIA, Evolvence India

Cardekho

Sector	Marketplace – Used Cars
Last Valuation	1.2
valuation Year	2021
Established
Location	Jaipur
Major Investors	Sequoia Capital India, Hillhouse Capital, CapitalG, LeapFrog

Acko

Sector	Insurance – General
Last Valuation	1.1
valuation Year	2021
Established
Location	Bangalore
Major Investors	Accel India, Elevation Capital, Amazon, General Atlantic, Multiples PE