September 27, 2024

Most successful unicorns in India

Unicorn is a term used to describe startups that reach a valuation of $1 billion without going public. 

India has over 115 unicorn startups with a collective valuation of more than $350 billion. Let’s see the top 5 most valuable of them. 

This beauty and fashion retailer has a valuation of nearly $13 billion. In 2020, it became the first-ever woman-led unicorn. 

Nykaa

Valued at almost $12 billion, Swiggy is one of the biggest food delivery platforms in India. The company is expected to launch its IPO soon and is likely to raise ₹11,000 crore.

Swiggy

This online payment solutions provider has a valuation of almost $7.5 billion and is one of the most successful unicorns in India. 

Razorpay

It is one of the top three quick commerce platforms in India with a valuation of nearly $5 billion. 

Zepto

This is one of India's leading ride-hailing providers and has a valuation of nearly $7 billion. 

Ola Cabs

This fintech firm with a valuation of nearly $3.5 billion is one of the top investment platforms in India.

Upstox

This platform known for buying and selling pre-owned cars has a valuation of over $1.7 billion. 

Spinny

Image: Spinny

This is an Indian startup offering beauty and skincare products. It has a valuation of over $1.2 billion. 

Mamaearth

Top 5 IT sector stocks in India

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