There are over a billion successful startups in the world, every startup strives hard to be successful and reach the top, but only a few make it to the list of most valuable startups in the world.
Being the most valuable startup is a perk in itself because the funding secured is much more compared to other unicorns. Top 10 most highest valued startups include deacorns, deacorns are valued at over $10 billion. The top 10 list of deacorns also include Indian startup Paytm.
Here's a list of Top 10 Most Highest Valued Startups in the world
ByteDance Ltd. is a Chinese multinational internet technology company headquartered in Beijing, ByteDance was founded by Zhang Yiming in 2012. ByteDance operates a range of content platforms that inform, educate, entertain, and encourage people across languages, cultures, religions, etc.
ByteDance is the parent company of famous video-sharing social networking services TikTok and Vigo Video and many more, the infamous app Tiktok crossed 2 billion downloads globally on the App Store and Google Play. Bytedance also the parent company of Toutiao which is a news aggregator app that uses AI algorithms to track habits of the reader and deliver relevant content.
Bytedance is the most valued startup in the world with the current valuation of $100 billion as of 2020.
|Investors||Kohlberg Kravis Roberts, SoftBank Group, Sequoia Capital, General Atlantic, and Hillhouse Capital Group.|
|Products and services||Toutiao,TikTok,BuzzVideo,Vigo Video,Helo,Xigua Video|
2. Didi Chuxing, China
Didi Chuxing is a world-leading mobile transportation platform. DiDi provides automobile services, including sales, leasing, financing, maintenance, fleet operation, electric vehicle charging and co-development of vehicles with automakers. Didi uses artificial intelligence technologies and machine learning to optimize the dispatch system and route planning services of the platform.
Didi is similar to transportation service Uber, but it offers cheaper rides than Uber, DiDi platform provides over 10 billion passenger trips a year. The subsidiaries of Didi includes 99, Uber (China) Ltd, DIDI Bus, Xiaoju, Automobile Solutions Co. , AssureSec, Qingju Bike, Shanghai Dahuangfeng, Network Information Technology Co. Ltd, Shanghai Shiyuan Technology Co., Ltd.
The valuation of Didi Chuxing is over $56 billion which makes it the second most valuable startup in the world.
|Startup Name||Didi Chuxing|
|Parent organization||Beijing Xiaoju Technology|
|Investors||Tiger Global, Matrix Partners, and SoftBank.|
|Products and services||Taxi, Express, Premier, Luxe, Bus, Designated Driving, Enterprise Solutions, Bike Sharing, E-bike Sharing, Automobile Solutions and Food delivery|
3. Stripe, United States
Stripe is an online payment processing platform for internet businesses. Stripe provides an API to the web developers so that they can integrate payment processing on their websites and mobile applications. Stripe was founded by Patrick Collison and John Collison on 2009 in San Francisco, California and United States.
Stripe allows other companies to receive payments over the internet with the help of their platform. Square, Adyen, PayPal, WePay etc are the competitors of Stripe.
Also read: Top Payment Processing Software (SaaS)
|Headquarter||San Francisco, California|
|Industry||Financial services, Payment processor|
|Founder||Patrick Collison and John Collison|
|Investors||CapitalG and Khosla Ventures|
|Products and services||Payments Billing,Connect,Sigma,Atlas,Radar (fraud prevention),IssuingTerminal|
4. SpaceX, United States
Its no surprise that SpaceX made it to the list of top 10 most valuable startups in the world. SpaceX is private American aerospace manufacturer and space transportation services company that manufacturers rocket engines and thrusters. SpaceX has developed several launch vehicle and spacecraft.
SpaceX was founded by Elon musk who also owns Tesla and pay pal, he founded SpaceX on 6 May 2002 which is now headquartered in Hawthorne, California, United States. SpaceX became the first private space company to launch humans into space. The main aim of SpaceX is to reduce space transportation costs and colonize Mars.
Also read: Best Space Tech Companies In The World
SpaceX has a current valuation of over $33.3 billion.
|Headquarter||Hawthorne, California, U.S.|
|Investors||Google, Fidelity, Draper Fisher Jurvetson, Founders Fund, Valor Equity Partners and Capricorn.|
|Products and services||launch vehicles, rocket engines, Dragon capsules, Starship (in development),Starlink,ASDS landing platforms,Orbital rocket launch|
5. Airbnb, United States
Airbnb is nothing but an accommodation marketplace that provides access to over 6 million unique places to stay comfortably and at their leisure in nearly 100,000 cities and 191 countries. The company does not owns any of the real estate listings, it just acts as a broker and earns commission from each booking.
Airbnb was founded by Brian CheskyJoe, Gebbia Nathan, Blecharczyk on August 2008. Airbnb's current valuation is $26 billion.
|Headquarter||San Francisco, California|
|Founders||Brian Chesky, Joe Gebbia,Nathan Blecharczyk|
|Investors||Greylock Partners, SV Angel, Sequoia Capital, Keith Rabois, Ashton Kutcher, Elad Gil, Jeremy Stoppelman, Y Ventures|
|Products and services||Lodging and Hospitality|
6. Kuaishou, China
Kuaishou is short video social platform which is not much popular in western countries. It is a short video sharing platform which had over 200 million active users in 2019. It is listed on most downloaded apps on google play and apps store outside of china, kuaishou is often referred as Kwai in overseas markets.
Kuaishou was founded by Su Hua, Cheng Yixiao in march 2011. The direct competitor of kuaishou is the infamous app Tiktok.
|Founder||Su Hua, Cheng Yixiao|
|Investors||Kuaishou counts Baidu and Sequoia Capital|
|Products and services||Sharing of short videos, photos and livestreams|
7. DJI Innovations, China
DJI is a global leader in developing and manufacturing drones and aerial imaging technology for personal and professional use. DJI dominates the drone industry in USA, it holds over 77% of market share for consumer drones in US.
DJI's drone technology has been used widely in the music, television and film industries. The company's products have also been used by military and police forces for surveillance purposes, but US government institutions have issued statements discouraging their internal use of DJI products.
|Startup Name||DJI Innovation|
|Headquarter||Shenzhen, Guangdong, China|
|Investors||Kleiner Perkins Caufield & Byers, Accel, Maison Capital, LightHouse Capital Management, Aeternam Stella Financial Holdings|
|Products and services||Unmanned aerial vehicles,Camcorder,Camera stabilizer,Flight platform,Gimbal,Flight controller,Propulsion system|
8. Epic Games, United States
Epic Games is a american game software company that offers its game engine technology to other developers and also makes games. Epic games develops unreal engine that is used by game developers. Unreal engine is an commercially available game engine which was named the most successful game engine in 2014 by the Guinness book of world records.
Unreal also powers famous games like Gears of War and fortnite that are internally developed game series.
|Startup Name||Epic Games|
|Headquarter||Cary, North Carolina, US|
|Investors||Tencent Holdings, KKR, and Smash Ventures|
|Products and services||Unreal Engine,Epic Games Store,Unreal series,Gears of War series,Fortnite|
9. Paytm, India
Paytm is one of the biggest payment service provider in India. The fintech startup is famous for its payment gateway service which helps consumers to make seamless payments to the seller from their bank accounts. Paytm entered the unicorn club in 2015, in 2015 paytm's valuation was over $7 billion and it has increased now to $16 billion in 2020.
Paytm is the only Indian startup to make it to the list of top 10 valuable startups in 2020 with a valuation of over $16 billion.
|Headquarter||Noida, Uttar Pradesh, India|
|Parent organization||One97 Communications|
|Founder||Vijay Shekhar Sharma|
|Investors||Alibaba, Ant Financial, Intel Capital, and Warren Buffett’s Berkshire Hathaway|
|Products and services||Paytm Mall,Paytm Payments Bank,Paytm Money,Gamepind,Paytm Smart Retail Payment systems, digital wallets, mobile payments banking ,online shopping|
10. Grab, Singapore
Grab is a multinational ride hailing company based in Singapore. It operates in south Asian countries and it is it's region's first Deacorn(a startup with a valuation of over US $10 billion). It provides services like transportation, on demand delivery and financial services on a single mobile platform.
|Startup Name||Epic Games|
|Headquarter||One-north, Queenstown, Singapore Jakarta, Indonesia|
|Founder||Anthony Tan and Tan Hooi Ling|
|Investors||Softbank, Didi, Honda, CIC, Toyota|
|Products and services||GrabTaxi, GrabCar, GrabHitch, GrabShare, GrabCoach, GrabShuttle, GrabShuttle Plus, GrabFamily, JustGrab, GrabNow, and GrabRental.|
This is the list of Top 10 Most Highest Valued Startups in the world