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Top 10 most successful startups of India

India is said to be the third-largest startup ecosystem in the world which attracts investors from all over to grow business opportunities. The largest eCommerce deal between Walmart and Flipkart of $16 billion belongs to one of the successful startups of India. India is home to 61 unicorn startups having a valuation of over 1$ billion and there are many other successful startups. The impact of India’s most successful startups isn’t just felt in the country but across the world. As Indian startup products and services cross over to international markets and creating a huge impact all over.

The Most Successful Startups In India

Indian startups have found success across all the leading sectors with their innovations in Enterprise tech, e-commerce, travel, and logistics, etc. At the same time, many of the Indian startups are expanding their footprints and scaling it globally.

1.Flipkart – Ecommerce

Flipkart was founded in the year 2007 by Sachin Bansal and Binny Bansal with an investment of INR 4 Lakh($6000 approx). Now it became the largest e-commerce startup in India having a valuation of over $20 Bn. In its decade long journey, Flipkart has had many achievements. One of them was a $16Bn investment by Walmart, which makes it the largest e-commerce deal in the world. Since then Flipkart has started focusing on its payments business Phonepe, which has grown into a unicorn by itself. Now Flipkart has also stepped into the OTT space with Flipkart Videos and food retail business with Flipkart FarmMart.

Started in :2007
Founders: Sachin Bansal, Binny Bansal
Headquarters : Bengalaru
Funding- $7.3 Bn
Unicorn Since : 2012
Key Investors: SoftBank, Naspers, Tiger Global Management, Microsoft, Tencent, eBay, Stead-view Capital, DST Global, Accel Partners
Estimates Net-worth: $24Bn

2.OYO – Travel Tech

OYO was started as a hotel startup and has become the fastest-growing hotel chain in the world. Now OYO has scaled over 800 cities and 80 countries.OYO was founded was Ritesh Agrawal who is one of the youngest entrepreneurs of India. He transformed his startup into India’s largest hospitality company. The OYO has an estimated valuation of $16Bn after its latest round.OYO holds full control over the hotel rooms while working with its hotel partners, ensuring a quality experience for its customers.

OYO turns all types of properties into modern & fully-furnished hotels under its other brands OYO Townhouse, OYO Rooms, and OYO Flagship. Over the past year, OYO has focussed heavily on the co-working space with Innov8 as a part of the OYO workstation.

Started in :2013
Founders: Ritesh Agarwal
Headquarters :  Delhi NCR
Funding- $1.7 Bn
Unicorn Since : 2018
Key Investors: SoftBank, Greenoaks Capital, Huazhu Hotels Group, Sequoia Capital, Lightspeed Venture Partners
Estimates Net-worth: $16 Bn

3.Paytm – Fintech

Paytm was founded by Vijay Shekhar Sharma as a Fintech startup with the intention of providing a digital wallet to users. Now Paytm claims to have more than a 130Million active users who can do individual payments and transactions, customers can pay bills for utilities, transfer funds to other bank accounts, book flights, train and movie tickets, and more. Paytm has also come up with its other brand like Paytm Financial Services, Paytm Entertainment, Paytm Money, Paytm Mall, and Paytm Insurance Corporation, and more.

Started in :2010
Founders: Vijay Shekhar Sharma
Headquarters : Delhi-NCR
Funding-  $ 2.5 Bn
Unicorn Since : 2015
Key Investors:SoftBank, Alibaba, Berkshire Hathaway, SAIF Partners, Intel Capital, and SAP Ventures
Estimates Net-worth:$15 Bn

4.Byjus – Edtech

BYJU’S was started by Byju Raveendran in year 2011 as a simple e-learning platform. But later it has grown as one of the largest Ed-tech brands. Today it is offering various online secondary and senior secondary courses suited to the Indian schooling system along with online study material for competitive examinations such as IAS, CAT, GRE, study material from Class IV to Class X for both CBSE/ICSE students and learning modules for pre-school children. Till now BYJU’S has registered 35 Mn users and 2.4 Mn annual paid subscribers.In April 2019 BYJU’S claimed that they had crossed INR 200 Cr ($28.61 Mn) in monthly revenue. It was last valued at $ 5.7 Bn and has raised over $969.8 Mn funding from investors such as General Atlantic, Tencent, Naspers, Qatar Investment Authority, and Canada’s Pension Plan Investment Board (CPPIB) among others.

Started in :2008
Founders: Byju Raveendran, Divya Gokulnath
Headquarters :  Bengaluru
Funding-  $819 Mn
Unicorn Since : 2018
Key Investors: General Atlantic, Tencent Holdings, Verlinvest, Sequoia Capital India, Sofina, Aarin Capital, Chan Zuckerberg Initiative
Estimates Net-worth: $5 Bn

5.Ola – Mobility

Once Bhavish Aggarwal was traveling from Bengaluru to Bandipur when the driver of his cab abandoned him en route to his destination over a failed renegotiation of the deal. His experience of being stranded in the middle of nowhere drove Aggarwal to launch cab aggregation startup Ola. He assigned Ankit Bhati as a co-founder, after extensive market research. Ola was started in 2015 and now it is offering its services across 50 cities in India, New Zealand, and Australia. Ola claims to complete over 1 Billion drives annually with 1.5 Million cab drivers. Ola also betting big on electric vehicles with Ola Electric, which became India’s fastest unicorn earlier this year.

Started in :2010
Founders:  Bhavish Aggarwal, Ankit Bhati
Headquarters :  Delhi NCR
Funding- $3.2 Bn
Unicorn Since : 2014
Key Investors: SoftBank, Tencent Holdings, Tekne Capital
Estimates Net-worth: $6.2 Bn

6.Policy Bazaar – Financial Technology

Policy Bazaar was founded by Yashish DahiyaAlok Bansal, and Avaneesh Nirjar in June 2008. They had created to meet all the insurance-related needs of customers on one platform. Now they offer more than 250 insurance plans and around 50 insurance brands on their platform.

Started in :Jun 2008
Founders: Alok Bansal, Avaneesh Nirjar, Manoj Sharma, Tarun Mathur, Yashish Dahiya
Headquarters :  Gurgaon
Funding- $626.6 Mn
Unicorn Since : 2017
Key Investors: SoftBank, Greenoaks Capital, Huazhu Hotels Group, Sequoia Capital, Lightspeed Venture Partners, Tencent, etc.
Estimates Net-worth: $1 Bn

7.Swiggy-Consumer Service

Swiggy started its operations in 2014 at Bengaluru’s neighborhood Koramangala, covering only one neighborhood with 25 partner restaurants and 6 delivery executives. Swiggy provides a complete food ordering and delivery solution from a wide range of restaurants in urban areas.Now Swiggy has over 2.1 lakh active delivery partners and processes nearly 1.4 Mn food orders daily across India, compared with about 700K orders per day last year.

Started in :2014
Founders: Nandan Reddy, Rahul Jaimini, Sriharsha Majety
Headquarters : Bengaluru
Funding- $1.27 Bn
Unicorn Since : 2018
Key Investors: SDST Global, Naspers, Bessemer Venture Partners, Norwest Venture Partners, Accel, SAIF Partners
Estimates Net-worth: $3.3Bn

8.Zomato-Consumer Service

Zomato was started in the year 2008 by Deepinder Goyal. It was started for aggregating restaurants food delivery service online but has gone on to do several different things since then. It started running the popular Zomato Gold loyalty program, and even runs Hyper pure, which delivers fresh ingredients to restaurants. Zomato is valued at $2.18 billion in the year 2020.

Started in :2008
Founders: Deepinder Goyal, Gunjan Patidar, Guarav Gupta and Mohit Gupta
Headquarters : Gurugram, Haryana, India
Funding- $1.9 Bn
Unicorn Since : 2015
Key Investors: Baillie Gifford, Stead view capital, Kora, Tiger global management, Luxor capital group, etc.
Estimates Net-worth: $2.8 Bn

9.Delhivery Logistics

Logistics unicorn Delhivery is the brainchild of Mohit Tandon, Sahil Barua, and Suraj Saharan. It was launched in 2011 with the aim of disrupting the logistics supply chain market in India. Delhivery currently provides services in about 600 cities across 8,500 pin codes in India. Delhivery currently working with e-commerce giants such as Flipkart and Paytm and has 12 fulfilment centres for B2C and B2B services.

Started in :2011
Founders:  Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, Suraj Saharan
Headquarters :  Delhi NCR
Funding- $670 Mn
Unicorn Since : 2019
Key Investors: SoftBank, Fosun, Carlyle Group, Tiger Global, Nexus Venture Partners, Times Internet
Estimates Net-worth: $1.6 Bn

10. Inmobi – Adtech

Indian Startu - InMobi

InMobi was founded in 2006 by Naveen Tiwari .But later on, it became a mobile advertising and content discovery platform. Naveen led a number of acquisitions at InMobi, growing the company so phenomenally that it became India’s first unicorn. His company supports businesses in launching captivating ad campaigns on mobile devices through app partners, and help them in making smart marketing decisions on where to spend their money. It is putting a tough fight with the two biggest global players in the space Facebook and Google for a slice of the worldwide mobile internet ad spending pie.

Started in :2007
Founders:  Naveen Tewari, Amit Gupta, Mohit Saxena
Headquarters :  Bengaluru
Funding- $320 Mn
Unicorn Since : 2014
Key Investors: Kleiner Perkins Caufield & Byers, Tennenbaum Capital Partners, Sherpalo Ventures ,SoftBank etc.
Estimates Net-worth: $1 Bn
Aman Malviyahttp://www.theinfogeeks.com
I am an Engineering student, Blogger, and Full-stack web developer.

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