Indian Unicorn Company Updated List
India’s startup ecosystem has experienced remarkable growth in recent years, and a key indicator of this growth is the emergence of unicorn companies. Unicorn companies are privately held startups valued at over $1 billion, representing a rare breed of high-potential, disruptive ventures. India had a growing list of unicorn companies, and in this article, we will explore some of the prominent players that are part of the unicorn club.
5ire
5ire is a fintech company that focuses on providing financial solutions, including digital lending services. At the time of my last update, the company was on its way to achieving unicorn status, showcasing the dynamism of the Indian fintech sector.
ACKO
ACKO is a digital insurance startup that had gained significant traction in the Indian market by offering innovative and user-friendly insurance products. Their approach to insurance aimed to simplify the often complex and traditional industry.
Amagi Media Labs
Amagi Media Labs specializes in cloud-based broadcast and targeted advertising solutions. They work with television networks and advertisers to deliver personalized ad content to viewers.
Apna
Apna is a professional networking platform that connects job seekers with employers and offers skill development and job opportunities. Its unique approach to job search and recruitment had garnered attention in India’s competitive job market.
BharatPe
BharatPe is a fintech startup that provides digital payment and lending solutions to small businesses. It was one of the rising stars in India’s digital payments landscape, offering merchants a seamless way to accept payments and access capital.
BlackBuck
BlackBuck is a logistics and supply chain startup that focuses on connecting truckers with businesses in need of transportation services. Their innovative platform aimed to streamline logistics operations in India.
BrowserStack
BrowserStack is a globally recognized software testing platform that allows developers and testers to test their websites and mobile applications on various browsers and devices. It had gained popularity among tech companies worldwide.
CarDekho
CarDekho is an online platform for buying and selling new and used cars. It provided a comprehensive solution for car buyers, offering information on pricing, reviews, and financing options.
Chargebee
Chargebee is a subscription billing and revenue management platform that helps subscription-based businesses manage their billing processes efficiently. It had established itself as a crucial tool for SaaS companies and other subscription-based businesses.
CoinDCX
CoinDCX is a cryptocurrency exchange platform that had experienced significant growth as digital currencies gained popularity in India. The platform aimed to make cryptocurrency trading accessible to a wide range of users.
CoinSwitch Kuber
CoinSwitch Kuber is another cryptocurrency exchange that sought to simplify cryptocurrency trading for Indian users. It had become a go-to platform for many Indians interested in cryptocurrencies.
CRED
CRED is a fintech startup that rewards credit card users for timely bill payments. It had created a unique loyalty program and aimed to improve credit awareness among users.
CureFit
CureFit is a health and fitness platform that offers a range of services, including fitness classes, healthy meals, and mental wellness programs. The platform aimed to promote a holistic approach to health.
Darwinbox
Darwinbox is a human resources management platform that provides HR solutions to companies. It had gained popularity for its user-friendly interface and comprehensive HR tools.
DealShare
DealShare is an e-commerce platform that focuses on providing value-driven shopping experiences to users. It aimed to cater to the needs of consumers in tier II and tier III cities in India.
Digit
Digit is a technology-driven general insurance company that aimed to simplify insurance for users. Their data-driven approach helped in customizing insurance plans.
Droom
Droom is an online marketplace for buying and selling automobiles. It provided users with a wide range of options and a transparent buying experience.
ElasticRun
ElasticRun is a logistics and supply chain management platform that connects local stores with suppliers and helps optimize the supply chain.
Eruditus
Eruditus is an edtech company that partners with top universities and business schools to offer executive education programs online. It aimed to make high-quality education accessible to professionals.
Fractal Analytics
Fractal Analytics is an AI and analytics company that helps businesses make data-driven decisions. It provides advanced analytics solutions across various industries.
GlobalBees
GlobalBees is an e-commerce aggregator that acquires and operates e-commerce brands. It aimed to consolidate and scale e-commerce businesses in India.
Groww
Groww is a fintech platform that provides investment and wealth management services to retail investors. It aimed to simplify the investment process for users.
Gupshup
Gupshup is a conversational messaging platform that helps businesses engage with customers through chatbots and messaging apps. It had gained popularity as businesses looked for innovative ways to connect with their audiences.
Hasura
Hasura is a tech startup that offers a GraphQL API for building scalable and real-time applications. It aimed to simplify backend development for developers.
Infra.Market
Infra.Market is a B2B tech startup that focuses on the construction and real estate sector. It aimed to streamline the supply chain for construction materials.
Innovaccer
Innovaccer is a healthcare technology company that provides data analytics and software solutions for healthcare organizations. It aimed to improve healthcare delivery through data-driven insights.
LEAD School
LEAD School is an edtech company that provides an integrated curriculum and technology platform to K-12 schools. It aimed to transform the education landscape in India.
Licious
Licious is an online meat and seafood delivery platform that aimed to provide high-quality, hygienic meat products to consumers.
Livspace
Livspace is an interior design and home decor platform that connects homeowners with designers and vendors. It aimed to simplify the process of home renovation and design.
Mamaearth
Mamaearth is a brand that offers natural and toxin-free personal care and baby care products. It had gained popularity among environmentally conscious consumers.
Mensa
Mensa is an edtech startup that focuses on skill development and job readiness. It aimed to bridge the skill gap in India’s job market.
Meesho
Meesho is a social commerce platform that allows individuals to start their online businesses by reselling products. It had created opportunities for micro-entrepreneurs in India.
MindTickle
MindTickle is a sales enablement and readiness platform that helps sales teams improve their performance through training and coaching.
MobiKwik
MobiKwik is a digital wallet and payment platform that offers a range of financial services, including mobile recharges, bill payments, and digital payments.
NoBroker
NoBroker is a property rental and real estate platform that aimed to eliminate the need for middlemen in property transactions. It provided a platform for property owners and tenants to connect directly, saving both time and money.
OfBusiness
OfBusiness is a fintech startup that provides credit and procurement solutions to SMEs (Small and Medium Enterprises). It aimed to empower Indian businesses by offering them financial support and access to essential supplies.
Open
Open is a neobanking platform that offers banking and financial services to businesses, including startups and SMEs. It aimed to simplify financial management for entrepreneurs and businesses.
Oxyzo Financial Services
Oxyzo Financial Services is a fintech company that provides digital lending solutions to individuals and businesses. It aimed to cater to the growing demand for convenient and accessible credit options.
Paytm
Paytm is one of India’s most well-known fintech companies, offering a wide range of digital payment and financial services, including mobile wallets and e-commerce. It had a significant user base and played a crucial role in the digital payments revolution in India.
Pharmeasy
Pharmeasy is an online pharmacy and healthcare platform that provides prescription medicines and healthcare products. It aimed to make healthcare more accessible and convenient for consumers.
PhysicsWallah
PhysicsWallah is an edtech platform that focuses on providing high-quality online education in the field of physics and science. It had gained popularity among students preparing for competitive exams.
Pristyn Care
Pristyn Care is a healthcare startup that offers surgical and medical treatments in a patient-centric and tech-enabled manner. It aimed to provide hassle-free healthcare experiences to patients.
Purplle
Purplle is an e-commerce platform for beauty and personal care products. It offered a wide range of beauty products and aimed to cater to the growing demand for online beauty shopping.
Rebel Foods
Rebel Foods, formerly known as Faasos, is a cloud kitchen and restaurant platform that operates multiple virtual restaurant brands. It aimed to revolutionize the food delivery and dining experience.
Razorpay
Razorpay is a fintech company that provides payment solutions and services to businesses. It aimed to simplify online and offline payments for businesses of all sizes.
ShareChat
ShareChat is a social media platform that focuses on regional languages and content. It aimed to connect users from diverse linguistic backgrounds and provide a platform for sharing content.
Shiprocket
Shiprocket is a logistics and shipping platform that helps e-commerce businesses streamline their shipping and delivery processes. It aimed to provide cost-effective and efficient shipping solutions.
Slice
Slice is a fintech startup that offers credit and financial services to young professionals and students. It aimed to provide a hassle-free and transparent credit experience.
Spinny
Spinny is an online platform for buying and selling used cars. It aimed to provide a trusted and convenient way for users to purchase pre-owned vehicles.
upGrad
upGrad is an online education platform that offers a range of courses and programs for professional development. It aimed to upskill individuals and enhance their career prospects.
Upstox
Upstox is a fintech company that provides online stock trading and investment services. It aimed to make stock trading accessible to a broader audience.
Vedantu
Vedantu is an edtech platform that offers live online tutoring and educational content. It aimed to provide personalized learning experiences to students.
Xpressbees
Xpressbees is a logistics and delivery service provider that focuses on e-commerce deliveries. It aimed to ensure fast and reliable delivery services for online retailers.
Yatra
Yatra is an online travel agency that provides a platform for booking flights, hotels, and holiday packages. It aimed to simplify travel planning and booking for customers.
Zetwerk
Zetwerk is a B2B marketplace that connects manufacturing businesses with suppliers and contractors. It aimed to streamline procurement and production processes for businesses.
India’s unicorn ecosystem was thriving, with startups across various industries making significant strides in innovation and disruption. These unicorn companies represented the dynamism and potential of India’s startup ecosystem, attracting attention from investors and stakeholders worldwide.
It’s important to note that the information provided in this article is based on data available up to September 2021. The landscape of Indian startups is constantly evolving, and there may have been new additions to the unicorn list or changes in the status of the mentioned companies since that time.
As India continued to foster an environment conducive to entrepreneurship and innovation, it was expected that more startups would join the unicorn club in the coming years. These companies not only contributed to economic growth but also played a vital role in shaping the future of various industries and addressing the evolving needs of Indian consumers and businesses.
The success of India’s unicorn companies served as an inspiration for aspiring entrepreneurs and a testament to the country’s potential as a hub for innovation and technology-driven solutions. As the Indian startup ecosystem continued to evolve, it was anticipated that more unicorns would emerge, further solidifying India’s position on the global entrepreneurial stage.
