Top 10 Unicorn Startups of India: Complete list of Unicorn Startups!

Top 10 Unicorn Startups of India: Today, there is a different wave of business and startups in our country, most people want to start their own new startup and business.

One of the primary reasons behind the rapid growth of unicorn startups in India today is the significantly simplified process of starting a business. In addition, most investors are actively investing their funds in the country's business enterprises. This dual phenomenon has led to the emergence of more than 100 unicorn startups in India.

As India's business ecosystem is evolving, the barriers to entry for startups have reduced significantly. Government initiatives along with advances in technology and access to resources have streamlined the startup inception process. Additionally, the flow of capital from domestic and international investors has provided startups with the necessary financial support to fuel their growth and innovation.

This favorable environment has encouraged aspiring entrepreneurs to pursue their business ideas, resulting in increased startup activity across various sectors. From e-commerce and technology to healthcare and fintech, startups in India are disrupting traditional industries and creating new market opportunities.

Further, the success stories of major unicorn startups such as Flipkart, Ola, and Oyo Rooms have inspired confidence among investors and entrepreneurs, further fuelling the growth of the startup ecosystem. As a result, India has become a hub of entrepreneurial activity, attracting talent and investments from across the world.

In conclusion, a confluence of favourable regulatory policies, strong investor interest, and a favorable business environment has driven the growth of unicorn startups in India. With continued support and innovation, India is set to foster even more unicorn companies in the years to come, cementing its position as a global hub for startup innovation and entrepreneurship.

What is a Unicorn Startup?
The term unicorn refers to a privately held startup company valued at more than $1 billion. It is commonly used in the venture capital industry. The term was first popularized by venture capitalist Aileen Lee. Unicorns are very rare and require innovation. Due to their enormous size, unicorn investors are private investors or venture capitalists, which means they are out of reach of retail investors. Although it is not necessary, many unicorns work their way to go public.

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List of Top 10 Unicorn Startups of India

Inmobi

The InMobi company was started in India in the year 2007, it is a college based mobile advertising company that helps different mobile advertising companies in their advertising. The founder and CEO of the InMobi company is Naveen Tiwari, and also let us tell you that the InMobi company became India's first unicorn company.

Apart from this, Inmobi company also started a subsidiary company named Glance in the year 2019, which became a Unicorn company in the year 2020 itself.

Flipkart

You must know about Flipkart company that it is one of the largest online shopping platforms in India, where you can shop almost everything online. It was started in the year 2007 in Bengaluru by Binny Bansal and Sachin Bansal.

According to reports, the valuation of Flipkart company in the year 2023 is more than $ 37 billion, due to which it is one of the largest Unicorn companies in India. Apart from this, let us also tell you that in the year 2018, Flipkart was acquired by Walmart company for $ 16 billion.

Dream11

If you know about Fantasy Cricket, then you must have heard about Dream11 at some time or the other. This company is India's largest Sports Fantasy company, which was started in the year 2008 by Bhavit Sheth and Harsh Jain.

Let us tell you that crores of users are associated with Dream11, who use Dream11 to play Fantasy Sports. According to reports, in the year 2021, the valuation of this company was $ 8 billion, due to which it is also a part of India's largest Unicorn Startups.

Ola

You must have used Ola at some time to book taxis and rides online, it is the most online taxi ride booking company in India. Which is used by millions of people every day. Ola was started in the year 2010 by Bhavish Aggarwal and Ankit Bhati.

Also, Ola company has also expanded its operations abroad, due to which people use Ola company in many countries outside India. According to reports, by the year 2020, the valuation of this company was more than $ 6 billion, and that is why this company is also one of the biggest Unicorn companies.

OYO Rooms

OYO Rooms company is most used for online hotel room booking in India. It was started by Ritesh Agarwal in the year 2013. Also, let us tell you that when Ritesh started it, he was only 21 years old at that time.

Today OYO is India's largest online hotel room booking company. Also, it has also invested its money in many properties across the country. Due to this, this business is expanding. According to reports, in the year 2021, the valuation of this company was $ 9 billion.

Apart from these Indian Startups, Swiggy, PhonePe, Zomato, Freshworks and Nykaa companies are also included in the list of 10 Top Unicorn Startups of India.

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