List Of 54 Unicorn Companies In India 2024

Last Updated: 6 January 2024

Hi, If you’re looking for the list of Unicorn Companies in India in 2024, You came to the right place. Before we begin let us first get some insights about what actually are Unicorn Companies.

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What is a Unicorn Startup?

In business, a Unicorn Company is a privately held startup company valued at over US$1 billion. The term was first published in 2013, coined by venture capitalist Aileen Lee, who chose the mythical animal to represent the statistical rarity of such successful ventures.

Aileen Lee originated the term “Unicorn” in a 2013 TechCrunch article, “Welcome To The Unicorn Club: Learning from Billion-Dollar Startups”. At the time, 39 companies were identified as unicorns.

A different study by Harvard Business Review determined that startups founded between 2012 and 2015 were growing in valuation twice as fast as startup companies founded between 2000 and 2003.

Some Fun Facts

Unicorns with over $10 billion in valuation have been designated as “Decacorn” companies.

For private companies valued over $100 billion, the terms “Centicorn” and “Hectocorn” have been used.

In 2018, 16 US companies became unicorns, resulting in 119 private companies worldwide valued at $1 billion or more.

According to CB Insights, there were more than 803 unicorns as of August 2021, with ByteDance, SpaceX, and Stripe among the largest, and 30 decacorns, including SpaceX, Getir, Goto, J&T Express, Stripe, and Klarna.

Israelis have created more than 90 unicorns.

Unicorn Companies In India (2021-2024)

No.	Company	Sector	Entry Valuation ($B)	Entry
54	Zepto	Quick commerce	1.4	Aug 2023
53	Molbio Diagnostics	Healthtech	1.53	Sep 2022
52	Shiprocket	Aggregator	1.23	Aug 2022
51	OneCard	Fintech	1.3	Jul 2022
50	Leadsquared	SaaS	1	Jun 2022
49	Purplle	E-Commerce	1.1	Jun 2022
48	PhysicsWallah	Edtech	1.1	Jun 2022
47	Open Financial Technologies	Fintech	1	May 2022
46	Games24x7	Gaming	2.5	Mar 2022
45	Oxyzo Financial Services	Fintech	1	Mar 2022
44	Amagi Media Labs	SaaS	1	Mar 2022
43	CredAvenue	Marketplace	1.3	Mar 2022
42	Hasura	SaaS	1	Feb 2022
41	Uniphore Software Systems	SaaS	2.5	Feb 2022
40	XpressBees Logistics	Logistics Services	1.2	Feb 2022
39	LivSpace	Interior Design	1.2	Feb 2022
38	ElasticRun	Logistics Services	1.4	Feb 2022
37	Polygon	Web3 Infrastructure	10	Feb 2022
36	DealShare	E-Commerce	1.62	Jan 2022
35	DarwinBox	SaaS	1	Jan 2022
34	LEAD School	Edtech	1.1	Jan 2022
33	Fractal	SaaS	1	Jan 2022
32	GlobalBees	Aggregator	1.1	Dec 2021
31	Mamaearth	D2C	1.07	Dec 2021
30	Pristyn Care	Healthtech	1.4	Dec 2021
29	Slice	Fintech	1	Nov 2021
28	Upstox	Fintech	3.4	Nov 2021
27	Spinny	Marketplace	1.5	Nov 2021
26	NoBroker	Proptech	1	Nov 2021
25	Mensa Brands	Aggregator	1.2	Nov 2021
24	CureFit	Healthtech	1.5	Nov 2021
23	The Good Glamm Group	D2C	1.2	Nov 2021
22	Acko	Fintech	1.1	Oct 2021
21	Cardekho	Marketplace	1.2	Oct 2021
20	Rebel Foods	Foodtech	1.4	Oct 2021
19	CoinSwitch	Cryptocurrency Exchange	1.9	Oct 2021
18	Licious	D2C	1	Oct 2021
17	Vedantu	Edtech	1	Sep 2021
16	Apna.co	Marketplace	1.1	Sep 2021
15	Mobile Premier League	Gaming	2.3	Sep 2021
14	Zetwerk	Marketplace	1	Aug 2021
13	Blinkit	E-Commerce	1	Aug 2021
12	Eruditus	Edtech	3.2	Aug 2021
11	CoinDCX	Cryptocurrency Exchange	1.1	Aug 2021
10	upGrad	Edtech	1.2	Aug 2021
9	MindTickle	SaaS	1.2	Aug 2021
8	BharatPe	Fintech	2.8	Aug 2021
7	OfBusiness	NBFC	1.5	Jul 2021
6	Droom	Marketplace	1.2	Jul 2021
5	BlackBuck	Logistics Services	1	Jul 2021
4	BrowserStack	SaaS	4	Jun 2021
3	Zeta	Fintech	1.4	May 2021
2	Moglix	B2B E	1	May 2021
1	Urban Company	Marketplace	2.1	Apr 2021

Regardless of administrative obstacles and fierce rivalry, both the Indian Government and the Business Sector are effectively supporting new companies. The influence of unicorns in India hugely affects its economy, and society is set to endure, with additional pioneering enterprises trying to accomplish this esteemed status in the times ahead.

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