Indian just had its 100th unicorn, with the Neobank Open. With this very 1 out of 10 unicorns globally are born in India. The Ministry of Commerce and Industry was declared on May 6, 2022.
What is a unicorn?
According to Wikipedia, “In business, a unicorn is a privately held startup company valued at over US$1 billion.“
Unicorn before 2018
The number of unicorns in the last 6 years, is growing, non-exponentially. In the year 2021, the maximum number of unicorns have been registered in India.
Starting from InMobi, India's first unicorn in 2011, there has been a reported growth, even during the pandemic period.
In February of the year 2012, India had a Flipkart unicorn, in 2013 Mu Sigma, and in 2014 Snapdeal rose as unicorns. This was followed by ReNew Power in 2011.
In 2015, four unicorns shook the market, namely PayTM, Ola Cabs, Quikr, and Zomato.
Hike, MakeMyTrip, and ShopClues came as a drop in the unicorn count in 2016.
Other unicorns from India are, Zoho founded in 1996, Info Edge founded in 1995,
Unicorns in 2018
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BYJUS
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Edtech
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PayTM Mall
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E-Commerce
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Swiggy
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Foodtech
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PolicyBazaar
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Fintech - Insurance
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Freshworks
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SaaS - CRM
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OYO Rooms
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Proptech - Hotel Booking
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Udaan
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B2B E-Commerce
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BillDesk
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Fintech - B2B Payments
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Unicorns in 2019
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Delhivery
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Logistics Services
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Rivigo
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Logistics Services - Trucks
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BigBasket
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E-Commerce - Groceries
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Dream11
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Gaming
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Druva Software
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SaaS - Data Management
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Icertis
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SaaS - Contract Management
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CitiusTech
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IT Services - Healthcare
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Ola Electric
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Mobility - Electric
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Lenskart
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E-Commerce - Eyewear
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Unicorns in 2020
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Pine Labs
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Fintech - PoS Payment Solutions
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Nykaa^
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E-Commerce - Personal Care & Cosmetics
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Postman
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SaaS - API Development & Testing
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Unacademy
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Edtech
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RazorPay
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Fintech - Payment Gateway
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Cars24
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Marketplace - Used Cars
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PhonePe
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Fintech - Payments
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Zenoti
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SaaS - Salon & Spa Management
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Dailyhunt
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Content - News
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Glance
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Content - Lockscreen
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Unicorns in 2021
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Digit
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Fintech - General Insurance
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Innovaccer
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SaaS - Healthcare Data Analytics
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Infra.Market
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B2B E-Commerce - Construction Materials
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Five Star Business Finance
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NBFC
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FirstCry
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E-Commerce - Baby Care Products
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Meesho
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E-Commerce - Social Commerce
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CRED
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Fintech - Payments & Credit Card Rewards
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PharmEasy
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E-Commerce - Online Pharmacy
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Groww
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Fintech - Brokerage & Mutual Funds
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ShareChat
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Social Media
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Gupshup
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Conversational Messaging
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ChargeBee
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SaaS - Subscription Billing Solution
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Urban Company
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Marketplace - Handyman Services
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Moglix
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B2B E-Commerce - Industrial Equipment
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Zeta
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Fintech - API - Banking Products
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BrowserStack
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SaaS - Software Testing
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BlackBuck
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Logistics Services
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Droom
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Marketplace - Used Cars
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OfBusiness
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NBFC - SME Loans
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BharatPe
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Fintech - Payments
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MindTickle
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SaaS - HR - Training
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upGrad
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Edtech - Higher Studies
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CoinDCX
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Cryptocurrency Exchange
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Eruditus
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Edtech - Executive Education
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Blinkit
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E-Commerce - Groceries
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Zetwerk
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Marketplace - Manufacturing Services
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Mobile Premier League
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Gaming
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Apna.co
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Marketplace - Jobs
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Vedantu
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Edtech
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Licious
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D2C - Meat
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CoinSwitch
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Cryptocurrency Exchange
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Rebel Foods
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Foodtech - Cloud Kitchen
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Cardekho
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Marketplace - Used Cars
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Acko
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Fintech - General Insurance
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MyGlamm
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D2C - Personal Care
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CureFit
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Healthtech - Wellness
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Mensa Brands
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Aggregator - Consumer Brands
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NoBroker
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Proptech - Classifieds
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Spinny
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Marketplace - Used Cars
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Upstox
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Fintech - Brokerage
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Slice
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Fintech - Credit Cards
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Pristyn Care
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Healthtech - Elective Surgery Services
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Mamaearth
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D2C - Personal Care
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GlobalBees
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Aggregator - Consumer Brands
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Unicorns in 2022
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Fractal
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SaaS - Analytics
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LEAD School
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Edtech
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DarwinBox
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SaaS - HR
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DealShare
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E-Commerce - Social Commerce
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Polygon
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Web3 Infrastructure - Dapps
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ElasticRun
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Logistics Services
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LivSpace
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Interior Design - Modular Kitchens & Home Products
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XpressBees Logistics
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Logistics Services
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Uniphore Software Systems
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SaaS - Conversational Service Automation
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Hasura
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SaaS - Programming Tools
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CredAvenue
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Marketplace - Lending
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Amagi Media Labs
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SaaS - Local Ads Targeting
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Oxyzo Financial Services
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Fintech - Marketplace - SME Lending
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Games24x7
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Gaming
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Open Financial Technologies
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Fintech - Neo Bank
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