India's unicorn startups — their journey, valuation milestones, and growth story.
* The round also saw participation from Climate Angels and a-IDEA, NAARM * Funds raised to be strategically deployed for geographical expansion, product development and building infrastructure for reaching Rs 100 crore ARR in the next 24 months * Cropcoin has grown 3X in revenues and expanded its farmer network from 20,000
Cashfree Payments, a fintech unicorn, was fined INR 3.1 lakh by the Reserve Bank of India (RBI) for failing to adhere to payment aggregator (PA) and payment gateway (PG) regulations. The Reserve Bank of India (RBI) said in a statement that it had inspected Cashfree in accordance with its
* Round also saw participation from Infynyte Club, Alok Soni, Yash Kotak, and a-IDEA NAARM * Funds raised to be strategically deployed for team expansion and market penetration, R&D, enhancement of Pashu.AI platform capabilities, and upgrading existing tech infra with Blockchain integration * The company has achieved 8X revenue growth
India’s fintech ecosystem is gearing up for another major public listing. Bengaluru-based fintech unicorn Moneyview has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company plans to raise INR 1,500 crore through
Amid the push for AI, home interior and innovation unicorn Livspace has let go of 1,000 workers, or 12% of its workforce. The startup's spokesman stated in a statement that the job layoffs were caused by automation and the integration of advanced AI agents throughout its main
Fabless Semiconductor startup Vervesemi has raised $10 million in a series A round led by ace market investor Ashish Kacholia and Unicorn India Ventures. The round also saw participation from Roots Ventures, Caperize Fina and MAIQ Growth Scheme. Funds raised will be deployed in 3 key strategic areas. The Company
India’s startup ecosystem saw significant action on 16 Feb 2026, featuring multi-million and billion-dollar funding rounds across AI, semiconductors, wealthtech and accelerator platforms. Gen-AI infrastructure player Neysa emerged as a unicorn after a Blackstone-led $1.2 billion funding, while C2i Semiconductors secured $15 million Series A for AI-centric power
Edtech company PhysicsWallah reported a strong set of financial results for the third quarter of FY26, showing solid growth in both revenue and profitability. The Noida-based education platform, which went public in November 2025, continues to strengthen its position in India’s competitive online and offline education market. For the
Marine Robotics start-up EyeROV (IROV Technologies Pvt. Ltd.) has raised Rs 13 crore in a pre-Series A round co-invested by AWE Funds and Unicorn India Ventures. Funds raised will be used to accelerate research and development, drive new product innovation, and support market expansion across India and global markets. Founded
Navigating many Indian cities can be a significant challenge. For a long time, finding a quick and affordable ride was difficult. A new generation of startups is addressing this, and Rapido is a notable example. They officially hit unicorn status in September 2024, which shows their strategy is working. So,
Coinbase Global Inc.'s proposal to purchase a minority share in DCX Global Ltd., the company that controls the brand, technology, and intellectual property of cryptocurrency unicorn CoinDCX, has been accepted by the Competition Commission of India (CCI). Coinbase, a US-based company, has lately extended its operations to India
According to various media reports, Zepto, a quick commerce (qcom) unicorn, is expected to submit the draft documents for its impending initial public offering (IPO) within the next seven to eight days, as reported by Business Standard. The business plans to go public the following year and is anticipated to
Climate tech startup, Aurassure that delivers real-time, hyperlocal visibility into environmental risks for enterprises operating in increasingly volatile climates, has raised Rs 25 Crore in Pre-Series A led by Rainmatter by Zerodha and Unicorn India Ventures. The round also saw participation from Maithan Alloys Limited. The funds raised will be
Key Highlights * Delhi NCR secured $2.4B in tech funding in 9M 2025 — up 12% YoY and 34% compared to 9M 2023 * $100M+ rounds remain steady: three mega deals recorded for the third consecutive year * Auto Tech, Retail and Enterprise Applications led funding activity * Delhi accounted for 57% of total
The knowledge base software industry is expanding, with market revenue valued at $1.43 billion in 2024 and projected to reach $4.56 billion by 2033, at a CAGR of 14.2% from 2026 to 2033. Businesses today are looking for smarter ways to manage product documentation, SOPs, and internal
According to various media reports, CarTrade Tech is planning to buy CarDekho (Girnar Software Pvt. Ltd.) in a significant consolidation move in India's online car industry. The sale is in early stages and is anticipated to be structured as a cash-and-stock transaction, according to a report by CNBC-TV18.
Physics Wallah, an edtech unicorn, announced on 10 November that it has secured INR 1,563 crore from anchor investors, one day before its initial public offering (IPO) opened. This will be the nation's first significant pure-play edtech company to list on an initial public offering (IPO). A
* Funds raised will be used for future growth, marketing & supporting the acquisition of Teleport * SMV recently acquired Kunal Shah-backed Teleport to grow its operations in South India * The fund raise also comes on the back of critical milestones achieved by the company, with a 4X growth in revenues and
India’s startup and business ecosystem witnessed several significant developments on 6th October 2025. From major funding deals to strategic business moves, here’s a quick roundup of the top stories shaping the market today. Highlights include JSW One Platforms securing INR 575 crore to expand its B2B e-commerce operations,
Mumbai-based fintech firm Raise Financial Services, the parent company of stock trading platform Dhan, has officially entered the unicorn club following a Series B funding round of $120 million. The investment was led by Hornbill Capital and included participation from MUFG, BEENEXT, and notable investors such as Ramesh Damani, DSP
Spinny's revenue grew 25% to INR 4,657 crore in FY25, while net losses fell to INR 424 crore. The used-car unicorn improved margins, reduced expenses, and strengthened its path toward breakeven amid a challenging market.
Physics Wallah, most popularly known as PW, has become a familiar name in India’s EdTech domain. It all started in 2016 as a YouTube channel by Alakh Pandey, sharing physics lessons, and has today grown into a unicorn company. These days, millions of students now rely on PW for
Zealthix, a comprehensive SaaS based Healthcare platform has raised USD 1.1 Million in a seed round led by Unicorn India Ventures with participation from AlphaGen Venture Capital. Funds raised will be used for expansion and revenue growth. Additionally, a sizable portion will also be invested in making technology more
Technological growth and affordable equipment have devised a new scheme of learning in this modern world. They have refreshed our education system and made learning easy, simple, and interesting. This change in the system seems so quick that, shortly, students might no longer carry books and will have the option
A technology platform that offers a wide range of home services, Urban Company, allows customers to book appointments for services such as beauty treatments, haircuts, massage therapy, cleaning, plumbing, carpentry, appliance repair, painting, and more. These services are delivered in the comfort of the customer’s home and at a
According to the Hurun Global Unicorn Index 2025, the number of privately held unicorns worldwide has increased by 70 from the previous year to a record 1,523 companies valued at over $1 billion each. India now boasts 73 unicorns in 2025, up from just one in 2011, securing its
Fractal is looking to raise $560 million (₹4,900 crore) through its IPO, and here’s what you need to know.
India's edtech industry is valued at $7.5 billion in 2024, and is projected to grow to $29 billion by 2030. One name stands out: Physics Wallah, an Indian unicorn edtech startup founded in 2016 by Alakh Pandey and Prateek Maheshwari. Today, the brand is a household name
Mumbai/Chennai/Thiruvanthapuram, 24th July 2025, Kerala-based Semiconductor startup Netrasemi has raised Rs 107 crore in Series A round from Zoho Corporations Ltd & Unicorn India Ventures. Funds raised will be used for accelerating research and development initiatives, expand manufacturing capabilities, enhance marketing efforts to capture larger domestic and global
Deep-tech startup backed by RTP Global, Unicorn India Ventures, and Blume Founders Fund to build GenAI-powered cloud stack; hiring to scale across engineering and go-to-market functions. Kluisz.ai, a deep tech, GenAI-powered cloud startup, today announced a $9.6 million seed round led by RTP Global, a global early-stage VC.
Aravind Sanka, co‑founder and CEO of Rapido, has played a big role in changing how people travel in Indian cities. He helped build Rapido into a unicorn by focusing on what customers need and making it easy to use. But Aravind is not just building one company, he is
Indian startups raised fresh funding across various sectors on 30 June 2025. From large growth rounds to early-stage deals, the day saw strong investor interest in infra-tech, agri-tech, AI, and more. Here’s a quick look at the companies that secured funding. Daily Indian Startup Funding Digest - 30 June
According to people familiar with the situation, the fintech unicorn Pine Labs filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on June 26. According to a media report, the company intends to raise up to INR 2,600 crore ($304 million) through
In the first two weeks of July, the unicorn in the eyewear industry, Lenskart, will file DRHP for its IPO. It will opt for a public DRHP rather than the confidential DRHP route. Lenskart is choosing full public disclosure over the confidential IPO filing path with the Securities and Exchange
Zomato is an Indian restaurant search, discovery, and online food delivery service. The food tech unicorn was founded by Deepinder Goyal and Pankaj Chaddah in 2008. Zomato is well known throughout the country and has also managed to venture into many international markets over the years. It currently operates in
According to reports, Good Glamm Group has postponed staff salaries for the second consecutive month in May. April and May's pay were meant to coincide, according to a news source that quoted an employee, but that doesn't appear likely to happen anytime soon. It's
The first official step towards a stock market debut has been taken by wealthtech unicorn Groww, which has confidentially registered for an IPO through the Securities and Exchange Board of India's pre-filing method. Groww's parent company, Billionbrains Garage Ventures Limited, stated in a public notice issued
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The digital demand for smart applications is exploding like it was never before. To satisfy our daily food needs, we all buy groceries. You only need an app on your Android phone to have
Did you know Delhivery became India’s first logistics unicorn in 2019 and was also the first logistics startup in the country to get listed on the stock market in 2022? It all began over a decade ago with a small team and a big idea to fix the way
Zepto, the 10-minute grocery delivery app turned unicorn, has taken a major step forward in its business model with the launch of Zepto Atom, a paid analytics tool aimed at helping consumer brands make more informed, data-driven decisions. While the offering enhances value for brands selling on the platform, it
JSW One Platforms emerges as one of the fastest entrants to the unicorn club in India’s B2B e-commerce space. JSW One Platforms Ltd., India’s leading tech-led B2B e-commerce platform, has raised INR 340 crore of fresh capital, led by Principal Asset Management, OneUp, JSW Steel, and other investors.
With the rise of technology, it was just a matter of time before people shifted to online transactions. While this mode of payment became popular, many companies introduced the idea of e-wallets. One company that stands out in this space is MobiKwik. It is an Indian fintech unicorn that has
In a bold departure from the valuation-driven unicorn narrative, Titan Capital, one of India’s leading seed-stage venture capital firms founded by Kunal Bahl and Rohit Bansal, unveiled the ‘Indicorns 2025 List’ at India Internet Day. The Indicorns index honours startups that have not only surpassed ₹100 crore in annual
In an exclusive interaction with StartupTalky, Prashant Singh, COO and Co-founder of LeadSquared, discusses the company's journey from its early days as a marketing platform to becoming a new-age SaaS CRM platform. He shares insights into building a high-growth SaaS venture, LeadSquared’s journey to becoming a unicorn
PhysicsWallah (PW), the renowned edtech unicorn, has appointed three independent directors to its board as it prepares for an initial public offering (IPO) later this year. The new appointees are Nitin Savara, Rachna Dikshit, and Deepak Amitabh. Strategic Board Appointments The inclusion of these independent directors is a strategic move
Amit Jain, the face of CarDekho and a known Shark Tank India judge, is shaping India’s startup space with his smart investments. CarDekho, established in 2008, offers a comprehensive online marketplace for car buyers and sellers. Beyond steering CarDekho to unicorn status, Amit has invested in many companies like
HiWiPay, a next-generation cross-border payments platform revolutionizing international remittances for students, parents, and businesses has raised $2 Million in a seed round led by Unicorn India Ventures. The round also saw participation from Dewang Neralla's family office and Jupiter Metaverse LLP along with other well known angels -
The quick commerce industry is one of the fastest-growing industries in India, and Zepto has fueled this industry with its innovative marketing strategies. Zepto, India's fastest online grocery delivery app, has disrupted the entire quick commerce market in a short period. Convenience and super-fast delivery are the two
India's most valuable unicorn is a transformed ride-hailing firm called Ola, with Bhavish Aggarwal and Ankit Bhati establishing the company way back in 2010 through a new approach and bold strategy in marketing. It later on became the top app out of several ride-hailing applications that appear in
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. Logistics has always been an important sector for any country, including India, but the space had never seen such a ground-breaking turn before Delhivery came into being. Proving itself since 2011 as a great
Inefficiencies have long plagued the construction materials industry, but Souvik Sengupta saw an opportunity to change that. As the co-founder of Infra.Market, he’s flipped the script on B2B construction procurement, turning his startup into a unicorn in record time. But his journey wasn’t a straight shot to
A name synonymous with innovation in the e-commerce logistics industry, Shiprocket's CEO and co-founder is Saahil Goel. He revolutionized the logistics and delivery ecosystem in India, transforming the shipping needs of small and medium-sized businesses, with ease and efficiency, scaling them up. But little did Saahil know that
India is becoming the world's fastest-growing startup ecosystem with 118 Unicorn Startups, as of January 2025. In today's world, unicorn startups are not as uncommon as before; however, building a unicorn startup is not easy. It takes a lot of hard work, commitment, and perseverance throughout
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The medicine industry has always been as disorganized as we can imagine. Though we were all pleasantly happy with the wholesale and retail market structure that the pharmaceutical industry has offered its customers, the
Harsh Jain is the Chief Executive Officer (CEO) and Co-founder of India's biggest Fantasy Sports platform, Dream11. Harsh co-founded Dream11 with Bhavit Sheth in 2008, which has 60 million plus users today. Dream11 became the first Indian gaming company to enter the Unicorn Club in April 2019. Under
PhysicsWallah, a prominent Edtech startup, has gone public in anticipation of its 2025 initial public offering (IPO). A resolution to rename the edtech unicorn from PhysicsWallah Private Limited to PhysicsWallah Limited, a public business, was passed by the board earlier this month. In a regulatory filing, the company stated, "
According to reports, fintech unicorn InCred Financial Services has started the process of going public and intends to generate between INR 4,000 Cr (about $470 million) and INR 5,000 Cr (roughly $590 million) through an initial public offering (IPO) in the latter part of next year. According to
Ever wondered how a simple idea can transform urban travel? Meet Aravind Sanka, one of the masterminds behind Rapido, India's go-to bike taxi service, valued at $1.1 billion in 2024. A seed of an idea for what eventually became Rapido was likely sown in Aravind’s mind
Louvain-la-Neuve (Belgium) [Europe], December 2: Odoo S.A., a leading provider of integrated business software, today announced a $526 million transaction led by CapitalG and Sequoia Capital, with participation from BlackRock, Mubadala Investment Company, HarbourVest Partners, AVP, and Alkeon. This secondary capital transaction reflects strong confidence in the company’s
Meesho, an e-commerce unicorn located in Bengaluru, has introduced a state-of-the-art multilingual voice bot driven by generative AI with the goal of transforming customer support. The speech bot is intended to offer scalable, human-like assistance, particularly to customers in tier II towns in India. In order to meet the demands
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. Facing problems each day reaching the office on time? Don't want to travel with the group, want to go alone to the destination? Driver's not at home and meeting your
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. India’s eCommerce market has seen rapid growth in the last decade, while the similar is still growing. With business giants like Amazon, Flipkart, Meesho, Swiggy, and more, a widened pathway has been built
Cred, a fintech unicorn that formerly focused on lending and payments, has now expanded into the distribution of insurance goods, starting with auto insurance. According to Akshay Aedula, head of product and growth at Cred, the company is using its vehicle management platform, Cred Garage, to market insurance products to
The massive South Korean gaming company Krafton hopes to increase its presence in India by assisting domestic investors in taking advantage of the country's developing startup scene. The first of these investors is IMM Investment, a multi-asset investment company established in South Korea that manages assets under management
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. A new restaurant at the corner of the lane, online offers, sale season, and food applications make life easy by delivering in your footsteps; all of these are so tempting. With over a hundred
According to reports, Dutch investment firm Prosus is nearing $60 million (INR 503 Cr) in funding for Indian ride-hailing unicorn Rapido through a combination of main and secondary share sales. According to insiders, Rapido's current $200 million funding round will include this additional funding. The conditions of the
According to a media report, PhysicsWallah, the leading ed-tech unicorn, has picked four investment banks as advisors as it prepares for its 2025 IPO plans, following a capital round last month that valued it at $2.8 billion. PhysicsWallah has selected Axis Capital, Kotak Mahindra Capital, Goldman Sachs, and JP
One of the biggest technology investors in the world, Prosus, is increasing its position in the home services platform Urban Company by almost double. The Netherlands-based investor wants to increase its holdings before the business goes public early next year. According to a media report, Prosus, which has funded some
United States, 30 Sep 2024: Tracxn, a leading global SaaS-based market intelligence platform, has released its Geo Quarterly Report: US Tech Q3 2024. The report, based on Tracxn’s extensive database, provides insights into the US Tech space. The United States remained the highest-funded country in Q3 2024. US-based tech
India's mega unicorn, Bengaluru-based Flipkart, is about to list in the US market. Sachin Bansal and Binny Bansal, the founders of Flipkart, are former IIT Delhi graduates. They quit their lucrative positions at Amazon to pursue their startup dreams. As a result, in October 2007, Flipkart started its
Slice, a unicorn in the financial technology industry, has been granted permission by the National Company Law Tribunal (NCLT) to merge with North East Small Finance Bank (NESFB). Both businesses made the announcement that they would be merging in October of 2023. In March of the previous year, Slice paid
In May 2021, Forbes stated that Kylie Jenner is no longer a self-made billionaire. Forbes claims that Kylie inflated the sales figures of Kylie Cosmetics, accusing her team of forging tax returns to boost her net worth and thus revoking her billionaire status. Kylie Jenner sold her company 51% to
In recent years, India has witnessed a remarkable surge in startups achieving the prestigious "unicorn" status. These privately held startup companies, valued at over $1 billion, signify the vibrant growth of India's startup ecosystem. While the United States and China lead globally in the number of
A unicorn is a privately held startup with a valuation of $1 billion or above. This financial milestone raises these companies in the eyes of investors, entrepreneurs, and the general public, as only a few companies achieve such high valuations before going public or being acquired. Unicorns have a remarkable
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. For business owners, monitoring their clients' subscriptions and ensuring a positive experience with their product or service is no easy process. The list is limitless such as gathering client information, creating bills, collecting
The article has been contributed by the QuickCompany's team India has secured the 3rd most prominent position in the world as an ecosystem for startups with a strength of 77,000 DPIIT-recognized startups across 656 districts, while China and USA hold the second and first positions, respectively. Since
The startup industry in India is growing faster than we could have imagined. They are now paving a new way for the future of India. Some popular startups that caught the eyes of everyone in the past few years are Zomato, BYJUs, Nykaa, and more. These are living proof of
Most companies focus on IPO (Initial Public Offering) only after they have attained unicorn status. But, is it actually the criteria for it? After all, this is one of the best measures to generate funds for your company. In this blog, we will discuss the various aspects of IPO and
If I ask you to name an e-learning app where students can attend live classes, watch pre-recorded videos and give tests, most of you will surely name Byju's. And why not! Byju’s is India's most famous edtech decacorn valued at $22 billion. Currently, the app
Gojek is an Indonesian super app which is a one-stop destination for paying bills, booking movie tickets, ordering food, buying groceries, sending or receiving packages, booking two-wheeler or four-wheeler taxis, paying money digitally and much more. The company provides 20+ services to consumers. The company which started as a ride-hailing
India is now ranked third globally in terms of unicorns, with a number of 100 unicorns worth $332.7 billion as of May 5. While this is terrific news for unicorn startups in the future, we must remember the earlier startups and their founders who paved the path for them.
Ever heard of a unicorn? If you are imagining the beautiful mythical creature then you are wrong! Today’s generation has a different understanding of unicorns, thanks to Mr Aileen Lee, who popularized the term in 2013. So, what exactly is a unicorn? It is a private startup company that
India is known to have the third-largest startup ecosystem in the world. According to the Nasscom report, the country will have more than 50 unicorns [https://startuptalky.com/startup-unicorn-company/] by the end of 2021 and more the 100 by 2025. This growth has only been made possible because of the
Radhika Ghai Aggarwal is the current Chief Business Officer (CBO) and Co-founder of the e-commerce [https://startuptalky.com/start-ecommerce-business-guide/] ShopClues, which was established in 2011 with just 10 team members. She is the first woman Co-founder in India, whose company entered the Unicorn Club [https://startuptalky.com/indian-unicorn-startups/]. Radhika'
Tiger Global Management is known to be the most statistical and voracious startup investors among all. It has developed with a great prospect and is proceeding towards investing in more prominent startups, especially those who hold the potential to earn unicorn status someday. And in recent years, Tiger Global Management
You might be wondering, which countries are known to have the highest number of unicorns around? Well, answering simple, countries in Europe have been known to have these numbers rising more by each year. Startups are majorly recognised by their valuation. And, in Europe, around 10 new unicorns have been
Work culture is a basic requirement to sustain and progress in a company. Companies like Google and Tesla are known for their "Chill" work environment, where the employee's mental health is given a priority. Many office settings are choosing an informal environment for better productivity. The
People know about popular unicorn companies like Uber, Swiggy, Airbnb, Snapchat, and Pinterest and their journey to success, but most people don't know what a unicorn company exactly means. What are the different criteria for a startup company to become a unicorn? A unicorn in the Business world
In 2020, the normal lives of all the people in the world came to a standstill for more than half of the year. While some countries came out of it in a jiffy and some unfortunate ones like India and US got rattled by a second wave. The world economy
TATA Group has been looking to acquire the grocery delivery startup Bigbasket. The company has received approval from The Competition Commission of India (CCI) to acquire the unicorn grocery delivery startup of India. Let’s look at how TATA will soon compete with Jiomart and the further details of the
Startups are dynamic, and flexible, and this makes them ideal for rapidly changing landscapes like the drone space. If you are wondering how to get your piece of the pie that is the drone industry, and are looking to raise funds for a potential unicorn-valuation startup, here are 5 potential