Top Funded Startups India 2019 | Top Startup Funding in India

Vidhi Punamiya Vidhi Punamiya Ashwini Ashwini
Feb 11, 2020 6 min read
Top Funded Startups India 2019 | Top Startup Funding in India

For a business venture, funding is important to survive the market drill. From, time to time, the business entrepreneurs and the business ventures, pitch their companies in front of the investors and Venture Capitalist, to get funding and grow their business. These funds are necessary to grow the market aspects of the business and good funding can change the whole face of the brand.

2019 has been a great year, in terms of Indian business and entrepreneurship. In just half way through the year (July report), there was total of $5.8 Billion were funded to Indian startups from different investors. The businesses were able to grow a lot because of the funding they have received.

So here are the Top 10  Funding rounds of 2019:-


Zomato Founder

Zomato is an Indian restaurant aggregator and food delivery startup.It was founded in 2008 by Deepindar Goyal and Pankaj Chaddah. It is known for providing information, menus, user-reviews of restaurants and food delivery options from the partner restaurants.

Zomato has raised over $600 million of funding from Chinese investors Alibaba's Ant Financial. The other important investors for Zomato are Infoedge, Temasek. Zomato's valuation has crossed over $3 billion in the new funding round, as they have managed to raise over $2 billion in funding in the earlier part of 2019.

Zomato has acquired the Indian operations of Uber Eats for around $350 million. Uber Eats is the food delivery biz run by Uber.

Also read: Why Zomato Elevated Gaurav Gupta from COO to Co-Founder?


Ola Founder

Ola has been the dominating player in the Indian-ride platform. It is a service that allows booking a range of cabs, bikes, rentals and other vehicles through a mobile app.

Ola has raised a total of $3.8B in funding over 25 rounds. Ola has raised over  1 billion dollars in funding through seed funding in 2019 and the funding is provided by Tiger Global and Matrix India. It raised $250 million in funding from Softbank in JULY 2019.

Also read: Success Story of Ola

Paytm Mall

After the successful e-wallet, paying bills, recharges, transferring money etc, PayTm introduced the Paytm Mall. It is a platform, where users can shop like any other e-commerce website or application. The user can sometimes get some extra benefits like cash backs,discounts, etc.

Paytm mall finalized investment deals from eBay of $160 at a 5.5% stake, at a valuation of $3 Billion. The investment also allowed eBay to sell their inventory on the platform of the Paytm mall.

Also read: List of Startups funded by Ratan Tata


PolicyBazaar is an Indian insurance aggregator and global financial technology startups. It was founded in June 2008 by Yashish Dahiya, Alok Bansal and Avaneesh Nirjar. It is a digital platform where users can compare financial services from major insurance companies.

In 2019, PolicyBazaar raised over $150 million in funding from Chinese Technology giant Tencent Holdings Pvt.Ltd. The funding will be used to start newer financial services verticals and to venture into newer segments' financial services, which will be a mix of B2B as well as B2C businesses.

Also read: Success Story of PolicyBazaar

Cure.Fit is an Indian health and fitness company, which offers digital and offline experiences across various activities like fitness, nutrition, mental well-being and operates gyms under Cult.Fit and healthy food offerings under Eat.Fit.

In 2019, raised a funding of over $75 million in April 2019 as a part of their round and then, further raised about $45 million dollars, making it a close of $120 million of funding for the company. The funding is a mix of both debt and equity funding and is led by Chiratae Ventures, Accel Partners, Kalaari Capital and Oaktree capital. Some new investors who also took part in the funding round are Kotak Mahindra Bank, Epiq Capital, Unilever Ventures and Innoven capital.


Byju's Founder

BYJU'S is one of the leading learning apps. It is the simple name of the brand "think and learn". BYJU'S is a Banglore-based educational technology and online tutoring firm, which was founded in 2011 and gained its popularity in India. The founder of BYJU'S is  Byju Raveendran.

In the year 2016, Byju's became the first company in Asia to receive funding from  Chan-Zuckerberg Initiative, which is a joint initiative by  Facebook founder Mark Zuckerberg and his wife Priscilla Chan. By 2019, it has funded over $785 million by investors like Sequoia Capital India, Chan Zuckerberg Initiative, Tencent, Sofina, Lightspeed Venture Partners, etc. In 2019, it has collected funding over $540 million. Recently in January 2020, Byju's raised $ 200 million from Tiger Global Management, after which the company was valued at $8 Million.  Again in February 2020, Byju's confirmed raising another $200 Million from New York based private equity firm General Atlantic.

Also read: Top Edtech Startups in India


Oyo Founder

OYO is an Indian hotel chain startup. It is the world's third-largest and fastest-growing hospitality chain of leased and franchised hotels, homes and a variety of living spaces. It was founded by the Ritesh Agarwal in 2013 and soon became one of the largest hotel chains in India. It has its services in cities of Malaysia, India, UAE, Nepal, China, Saudi Arabia, etc.

OYO has existing investors like Softbank, with a capital of $800 million and in 2019, the founder Ritesh Agarwal has raised over $2.2 billion in debt from a series of Japanese institutions, including Nomura Holdings and Mizuho


Swiggy is also one of the largest and popular online food ordering platform in India. As of 2019, it has been operating in more than 100 cities. It was founded in 2014 by Nandan Reddy, Sriharsha Majety and Rahul Jaimini. The services include restaurant search, online ordering and table reservations.

In 2019 , Swiggy raised over $1 billion in fresh capital which made it the biggest funding in India's food-tech sector. The existing investors on Swiggy are DTS Global, China's Meituan Dianping and Coatue Management and the new investors are Hillhouse Capital and Wellington Management CO. Swiggy raised over $2 million investment from Accel and SAIF partners in 2015, after their launch.

Also read: List of Food Tech startups in India


Razorpay is an online payment solution that enables Indian Businesses to accept, process and also arrange payments. It is known as the best payment gateway app in India. It grants access to multiple modes of payments including credit card, debit card, online banking, unified payments interface, etc.

Razopay has raised over $75 million dollars in 2019, in the latest round of equity financing which has led by financial technology-focused investment firm Ribbit Capital. Reportedly, Razorpay also managed to raise $450 million in funding from marquee venture capital firm Sequoia Capital, disclosed by a close source.


Snapdeal is an Indian e-commerce company, known for selling over 3 million products from 800+ categories from over 1,25,000 regional, national and international brands and retailers and has a reach in more than 6,000 towns and cities across the countries.

In 2019, Snapdeal raised over $1.8 billion in funding ad has been backed by investors like Alibaba, Foxconn, and Softbank.

Also read: Top Entrepreneurs of India


2019 has been a very smooth and fast year for many startups while others were struggling hard. We hear the news about funding each and every day, which we even cover on StartupTalky's social media handles. Funding has helped a lot to these companies to evolve and help the country to grow this year.

If you know any other startup which was funded in 2019, do let us know in the comments.

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