Table of Contents Introduction:-Top10 best Unicorn startups, which expand the economics of India. 1. Flipkart:-2. Bharat Pe:-3. BYJU’S:-4. OLA Cabs:- 5. OYO Rooms:-6. Swiggy:-7. Make My Trip:-8. Nykaa:-9. Zomato:-10.InMobi:-Conclusion:- The Future of Startups in India:-Please Like , shar & subscribe my Articles.For more Articles please click on my website:https://odiyadigitalworld.com/Share this articleIntroduction:-What is a Unicorn start-up?Meaning: In the venture capital industry, the term unicorn refers to any startup that reaches a valuation of $1 billion. The term was first coined by Aileen Lee, founder of Cowboy ventures when she referred to the 39 startups that had a valuation of over $1 billion as unicorns startup.Unicorn is a term given only to “startups”, who have a valuation of over a Billion USD ($1 billion=Rs7893 Crore). The startups that exceeds the valuation of $10Billion USD are grouped under “Decacorn”(a super Unicorn).Dropbox, Space X, and We work are examples of “Decacorn”. The Startup India Initiative was announced by the Honorable Prime Minister of India on 15th August, 2015. The flagship initiative aims to build a strong eco-system for nurturing innovations and startups in the country. Startups across the country will drive sustainable economic growth and generate large scale employment opportunities in India. In 2022, there were almost 900 unicorn startups in the world, which valued more than $3.5 trillion combined together. Top 3 countries with the most Unicorns are found in the World. 1. United sates 487Unicorn till today 2. China 301Unicorn till today 3. India 103 Unicorn till today.Top10 best Unicorn startups, which expand the economics of India. India has been recognized as the one country which has been able to solve the problems in the diverse 56 industrial sectors.13% from the IT industries, 9%health care, 5% from agriculture food, 7% from education and 5% from Commercial and professional services. We have seen that Indian startups are achieving immense levels of growth between 2015 to 2021by of our young entrepreneurs in India. Below are some of India’s most favored unicorns that have acquired an excellent level of audience appreciation and have shown tremendous growth in recent years. 1. Flipkart 2. Bharat Pe 3. BYJU’S 4. OLA Cabs. 5. OYO Rooms 6. Swiggy 7. Make My Trip 8. Nykaa 9. Zomato 10. In Mobi1. Flipkart:- flipkart-com-logo-Flipkart is an e-commerce company. It was founded on October-2007at Bangalore city in India. It is a private Limited company, which is incorporated in Singapore. It is the best Unicorn startup in India till today. Sachin Bansal and Binny Bansal, alumni of IITDelhi, are founders of Flipkart. They are former Amazon employees. Initially, the company focused on onlinebook sales with countrywide shipping. Flipkart in 2017 sold 1.3 Millionphones in 20 hours on 21st September 2017.The company initially focused on online book sales before expanding to other products. Flipkart is famous for its e-commerce business in electronics, fashion, home essentials, groceries and lifestyle products.As of March 2017, Flipkart held a 39.5% market share of India’s e-commerceindustry. Flipkart has a dominant position in the apparel segment. Flipkart also owns Phone Pe, a mobile payments service based on UPI.In August 2018, U.S.-based retail chain Walmart acquired a 77%controlling stake in Flipkart for US$16Billion. Best Unicorn Startup of India - Flipkart Founder - Mr.Sachin Bansal & Binny BansalFlipkart now reports to Marc Lore, CEO of Walmart US. Flipkart Group owns controlling stake 1. Mantra in Fashion technology 100% in 2014.2.Ekart Logistics in 2015.Flipkart wholesale 100% in 2020. Clear trip in travelling business 80% stake in 2021.Sastasundar health care stake 75.1% in 2021.Indian e-commerce giant Flipkart has claimed to be the biggest e-commerce company in the country stating it is bigger by 40% to 50% in the market. Flipkart Private Limited reported revenue appx.433 Billion Indian rupees in the financial year of 2021.2. Bharat Pe:- Bharat Pe LogoResilient Innovations Private Limited (Bharat Pe) is a private limited company engaged in the business of facilitating a suite of financial services to merchants through its digital platforms. It was founded on 20th March 2018. It is software as a service model and provides other value-added services to merchants. It is the best unicorn startup in India. As President of Bharat Pe, Suhail Sameer is closely with Ashneer Grover, co-founder and CEO of Bharat Pe board and is building a one-stop destination for all financial and payment needs of the merchant community. Best Unicorn Startup in India - Bhart Pe-Founder - Suhail Sameer.Bharat Pe is a unique Indian payment company serving offline retailers and businesses. Bharat pe has simplified accepting payments from 100+mobile apps on India’s UPI network, by offering businesses a single interoperable QR sticker.Bharat Pe was launched in Founded on 20th March 2018 as per the directions set by the Reserve Bank of India. The aim of facilitating India’s Transition to a less-cash society. The system helps in enabling digital payments to reduce the usage of card swiping machines for payments. At present, the valuation of Bharat Pe is $2.8Billion.The company revenue Stood at Rs.120 Crore in 2021. 3. BYJU’S:- Byjus-Classes-LogoByju’s is an Indian multinational an educational technology company. Its headquarters is in Bangalore. It was founded by Byju Raveendran and Divya Gokulnath in 2011. As of March 2022, Byjus, valued at US$22Billion and has over 115 million registered students in a year. Think and Learn Pvt. Ltd. is incorporated by Byju Ravindran.BUJU’S app established by this company. The company was established by Byju Raveendran&Divya Gokulnath and a group of students in 2011. It is the best unicorn startup in India. Byju Raveendran, an engineer by profession was coaching students in mathematics since 2006. In its initial days, the company focused on offering online video-based learning programs for K-12 segments. In August 2015, the firm launched Byju’s The Learning App. In 2017 they Launch Byju’s Math App for kids and Byju’s parent connect app. By 2018 it had 15 million users, out of which 9, 00,000 are paid users. Best Unicorn Startups in India - BYJU'S FOUNDER - BYJU RAVEENDARAN By2019, 60% of BYJU’S students are from non-metro and rural cities.BYJU’S was launched in 2015, offering Educational Content for Students from classes 4 to 12. It started a line learning program from class 1 to 3. It also trains students in IIT, JEE, NEET, CAT, IAS and International examinations such as GRE and GMAT. ByMarch 2022, BYJU’S revenue is $390 Million and its Valuation is $18 Billion4. OLA Cabs:- Ola-cabs-LogoOla Cabs (OLA) is an Indian multinational ride-sharing company. Its headquarters is in Bangalore. It also operates other businesses like financial services and cloud kitchen. In March 2015, OLA Cabs acquired the Bangalore-based taxi service “Taxi for sure” for approximately Rs12.37 Million. OLA acquired struggling food tech company Foodfanda India in December 2017. In April 2018 OLA made a second segment with the Rider Public Transport Ticketing App. In February 2020 OLA launched its taxi-hailing service in London with over 25000 drivers registered. In November 2015, OLA launched its mobile payments and wallet product called OLA Money. OLA Money is owned by OLA Financial Services. OLA has taken NO1, spot replacing HERO electric. The company has been seeing steady increases in sales each month. OLA electric sale complete by April 2022, is 26817 units. Best Unicorn startups in India-Bhavish-Aggarwal-Ola-Cabs-FounderOLA electric bike net revenue for FY-2021 is Rs 689 crore. OLA’s valuation is $ 5 billion in 2022. OLA Cab Revenue is Rs2544 Crore. Ola Cabs and OLA Electric Bike. He is the 108th most influential person as per Time Magazine of the US in 2018. It is the best unicorn startup in India. Mr. Bhavesh Agarwal born in 28th August1985 is an Indian entrepreneur and co-founder of Ola Cabs and Ola Electric.5. OYO Rooms:- OYO_Rooms_LogoOYO rooms, also known as OYO Hotels & Homes is an Indian multinational hospitality chain of leased and franchised hotels, homes and living spaces.OYO rooms were founded in 2012 by Mr, Ritesh Agarwal of Odisha. It is the best unicorn startup in India. Ritesh Agarwal was born in Cuttack, Odisha. Ritesh comes from a family that used to run a small shop in southern Odisha called Rayagada. He is the founder & CEO of OYO Rooms. He graduated from St. Jones Senior secondary school. He moved to Delhi in 2011.His revenue in 2021 is Rs. 4157 CRORE. More than 5130 employees in 2021, are working in these Unicorn startups. Starting with 1 hotel in 2013 in Gurgaon, today we are in more than 800 cities, with more than 23000 hotels, 850000 rooms and 46000 vacation homes are used by OYO all over the world. Best Unicorn startups in India-Ritesh-Agarwal-Founder-and-CEO-of-OYO-RoomsIn more than 80 countries OYO rooms are working. OYO stands for “On Your Own” Rooms.The company OYO Rooms started in 2013. His net worth in 2020 is Approximately $1.1 Billion. (Rs. 8000 Crore). He is listed in Forbes Magazine among the 30 Best Unicorn Startups in the world.6. Swiggy:- STARTUP - SWIGGY LOGO -Swiggy is an Indian startup company, which is the best platform for online food ordering and delivery platform. It was founded in July 2014. Swiggy is based in Bangalore and operates in 500 Indian cities as of 2021. Besides food delivery, Swiggy also provides on-demand grocery deliveries under the name of Instamart & same-day package delivery services called “ Swiggy Genie”. In July 2013, the two founders, Mr Sriharsha Majety and Nandan Reddy, designed an e-commerce website called Bundi to facilitate courier service and shopping within India. He is the founder of Swiggy. It is the best unicorn startup in India. Mr Sriharsha Majety is Swiggy’s founder and CEO. Its current revenue is Rs2776 Crore. More than 500 employees are working in Swiggy. Best Unicorn Start Up in India - SWIGGY FOUNDER - SRIHARSHA MAJETYIn December 2020 Swiggy announces the expansion of its street food vendor program that will benefit 36000 people in 125 tier 2 tier 3 cities around India. Swiggy valuation by the end of March-2022is $10.7 Billion. Swiggy now operates in more than 500 cities all over India. He has a partnership with 100 thousand restaurants and an employee base of over 10,000; a 2 lakh strong independent fleet of Delivery Executives are associated with Swiggy. Its headquarters is in Bangalore.7. Make My Trip:- MAKE MY TRIPS -LOGOMake my Trip is an Indian startup company, which is an online travel company .It was founded in the year 2000. Its headquarters is in Gurugram, Haryana. The company’s name is Make My Trip (India) Pvt. Ltd. Make my Trips provides services for online travel, including airline tickets, domestic and international holiday packages, hotel reservations, rail, and bus tickets from all over the world. Mr Deep Kalra is an Indian Businessman who is the founder and Group CEO of Make My Trip. It is an online travel company. He was born in Hyderabad. He was passed out from IIM –Ahmadabad. In 2000 Make my Trip was founded by Deep Kaira, an alumnus of IIM Ahmadabad. It was launched in the US in 2000 to cater to the overseas Indian community for their US to India travel needs. It is the best unicorn startup in India. Deep-Kalra-MakeMyTrip-FOUNDER2005 Make my Trip started its Indian operation in September 2005, offering an online flight to Indian travelers. Make my Trip company also started to focus on non-air businesses like holiday packages, hotel bookings, etc. In 2010, Make my Trip Limited was listed on the NASDAQ. As of 2018, the company has 14 company-owned travel stores in 14 cities, including one in Gurugram. Over 30 franchises owned travel stores which primarily sell packages in 28 cities & counters are the four major airports in India under their brand. They also have offices in New York, Singapore, Kuala Lumpur, Bangkok & Dubai. In 2016, Make my Trip and ibibo Group, India’s largest travel booking portals, merged through a stock transaction.Make my Trip acquired its rival Ibibo Group, in one of the biggest acquisitions in India’s travel business. Make my trip turnover by March 2022. is $163 Million US dollars. Its Revenue is $172.5 Million in 2021. Its market cap is $2.71 Billion. Make my Trip is the world’s 309th most valuable company by market cap. Its overall valuation is $23.5 Billion US dollars. 8. Nykaa:- NYKAA - LOGONykaa was the first Indian unicorn startup in 2020, headed by Woman-Mrs.Falguni Nayar from Mumbai. Falguni Nayar is the founder of NYKAA. It is an e-commerce company, which was founded in 2012.Its headquarters is in Mumbai, in the state of Maharashtra. It sells beauty, wellness and fashion products across websites & mobile apps. There are also 2000+ brands and 200,000 products across its platform.Falguni Nayar is a former Managing Director at Kotak Mahendra Capital Company. She founded Nykaa in April 2012.In October 2020 the company launched Nykaa Man, India’s first multi-brand e-commerce store for men’s grooming. NYKAA has now expanded its business into fashion by launching Nykaa Design Studio, which was renamed Nykaa Fashion. Best Unicorn startup of India-Falguni-Nayar-Nykaa-FounderNykaa opened its initial public offering (IPO) on 28th October 2021. The company has raised funds of nearly Rs.5,352 crore. Falguni Nayar is India’s wealthiest female billionaire. Naykaa revenue was Rs3773 Crore (the US $500 Million) in the FY21-22. Nykaa currently has a 28.6 per cent market share in Indian online beauty and personal care. The total valuation in the market is 23 Billion US Dollars by 2022. 9. Zomato:- Zomato - logoZomato is an Indian startup company which is a multinational restaurant aggregator and food delivery Company around the world. The company was founded by Mr Deepinder Goyal and Pankaj Chaddah in July 2008. It is the best unicorn startup in India.Zomatoprovides information on its apps, menus and user reviews ofrestaurants as well as food delivery options from Partner restaurantsin select cities. As of 2019, Zomato services are available in 24 countries and more than 10,000 cities. In 2011, it expanded across India to Delhi, NCR, Mumbai, Bangalore, Chennai, Pune, Ahmadabad and Hyderabad. In 2012it it expanded its operations in UAE, Sri Lanka, Qatar, the UK, Philippines, &SouthAfrica, Newland and Indonesia. In 2015, Zomato acquired the American online table reservation platform Nex Table, which was subsequently renamed Zomato Book. In January 2016 it launched the Zomato Book tablereservation facility on its application in India. Best Unicorn startup of India-Zomato-Founder-Owner_Mr.To: Deepinder Goyal & Pankaj ChaddahIn February 2017, the firm announced plans to launch Zomato Infracture Services, a cloud kitchen for fractured services, to help partner restaurants expand their presence without incurring fixed costs. In February 2018, Zomato became the Unicorn startup in India with a total valuation of $1.1Billion US dollars. In July 2021, Zamoto went public, opening its initial public offerings (IPO) whose evaluation was US$8 Billion. In 2021 the company had Rs.1211.8 crore revenue from the operation. The total valuation of Zomato in 2022 is $ 5.4BillionUSD. 10.InMobi:- InMob - logoInMobi is an Indian multinational mobile advertising technology company. Its headquarters is in Bengaluru. Its mobile-first platforms allow brands, developers and publishers to engage consumers through contextual mobile advertising. It is the best unicorn startup in India.The company was founded in 2007 under the name of “Mkhoj” byMrNaveen Tiwari, Mohit Sexana, Amit Gupta and Abhaya Singhal. In 2008 it was enhanced from SMS-based services to mobile advertising and rebranded as In Mobi. In 2011 InMobi was the first Unicorn startup company in India. Presently InMobi has 22 offices in 12 countries with an employee of 1500 people.Mr Naveen Tiwari is the founder and CEO of In Mobi. Naveen-Tewari-Founder-and-CEO-of-InMobiInMobi earns from targeted advertisements on mobile apps from partner publishers all over the world. In Mobi revenue Rs.432 Crore in 2021. In China, a total of 460 Million(80%) Smartphone users were covered by the In Mobi. Mobi is becoming the first unicorn in India to reach USD 1 billion. The company is the only tech startup to have received this honour.By the end of 2021, and the valuation of InMobi was USD 12.5Billion. Conclusion:- The Future of Startups in India:-According to the Economic Survey of India 2021-22, India boasts of approximately 61,400 startups certified by the Department for Promotion of Industry and Internal Trade(DPIIT).Nearly 14000 only registered in 2022. Over the last six years, the startup scene has exploded from 733 in 2016-17 to over 14000 in 2022. The economic survey said that India has become the third-largest startup ecosystem in the world after USA & China. Startups in India play a major role in giving jobs in India. When more jobs are created more incomes for people are created, which means a much-improved economy will be created. Projections indicate that by 2025, India may have 100,000+ startups, employ 3.25 million and produce more than 200+ unicorns with a total market value of $800 to1000Billion.You May Like More Articles in Business:-1.https://odiyadigitalworld.com/what-is-the-scope-of-commerce-education-in-india/2.https://odiyadigitalworld.com/vision-of-new-education-policy-in-india-2020/3.https://odiyadigitalworld.com/top-5-young-odia-entrepreneur-who-make-proud-to-the-people-of-odisha/4.https://odiyadigitalworld.com/a-brief-review-of-odishas-development-after-75-years-of-independence/(opens in a new tab)(opens in a new tab)Please Like , shar & subscribe my Articles.For more Articles please click on my website:https://odiyadigitalworld.com/ Share this article Post navigation10 Benefits of startup India scheme by Indian Government . Top 5 Millionaire Young YouTubers in the World
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