WHAT IS A UNICORN STARTUP? What are Top 10 Startups in India & World.

A unicorn is a term in business world to indicate a privately held startup company valued at over $1 billion. The term was coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures. Decacorn is a word used for those companies over $10 billion, while hectocorn is used for such a company valued over $100 billion.

There were 483 unicorns in July 2020. The largest unicorns included ByteDance, DiDi, Stripe, SpaceX, Palantir Technologies and Airbnb. Lyft is the most recent decacorn that turned into a public company on March 29, 2019. While the Indian tech ecosystem is gaining prominence, the number of unicorns—startups valued at over a billion dollars have risen in tandem.India will have 75-100 unicorns by 2025, the report says, adding that while sectors like ecommerce and fintech saw the initial wave and the maximum number of unicorns, it has diversified since.

Today, unicorns are coming up in spaces such as social networks, data analytics, logistics technology, and education, among others While India has 30 tech unicorns today, 21 of these were created in 2018 and 2019, with Bangalore and Delhi-NCR housing over 75% of these firms. Mumbai and other cities account for 3 and 4 unicorns respectively. Some of the large unicorns since 2018 includes food delivery firms Swiggy and Zomato, hoteling startup Oyo Rooms, payments firm PhonePe, and fantasy gaming startup Dream11.

History

When Aileen Lee originally coined the term “unicorn” in 2013, there were only thirty-nine companies that were considered unicorns. In a different study done by the Harvard Business Review, it was determined that startups founded between 2012 and 2015 were growing in valuation twice as fast as companies from startups founded between 2000 and 2013.

In 2018, 16 U.S. companies became unicorns, resulting in 119 private companies worldwide valued at $1 billion or more.

HOW TO BECOME UNICORN STARTUP

For some, originators, accomplishing unicorn status is a unimportant dream. Truth be told, under two percent of new businesses will accomplish a billion-dollar valuation. Not with standing, an expanding number of tech startup originators have focused on this grandiose benchmark.

4 Steps to Becoming a Tech Startup Unicorn

  1. Focus on Rapid Growth
  2. Fabricate the Right Product
  3. Secure the Right Investment
  4. Select a Space to Scale

TOP 10 UNICORNS STARTUPS IN INDIA

1.PAYTM

Founded by Vijay Shekhar Sharma

Valuation: $16 billion

Situated in: Noida

Area: FinTech

UNICORN STARTUP
Pic From Tenangles

Paytm is the most noteworthy esteemed Indian Unicorn at present. It was established by DTU-graduate Vijay Shekhar Sharma in 2010 with an underlying speculation of $2 million. The organization raised another billion dollars and as of now holds the title of being India’s most esteemed startup.

2. OYO

Founded by Ritesh Agrawal

Valuation: $8 billion

Situated in: Gurgaon

Part: E-business

UNICORN STARTUP
Pic From The Week

Ritesh Agrawal isn’t only the most youthful independent extremely rich person in the nation, but on the other hand he’s the most youthful among all of Indian Unicorn originators. In October 2019, the 26-year-old put $2 billion in the organization. Out of that amount, $1.3billion was utilized to purchase the stakes from two of the financial specialists of the startup. This move has now almost significantly increased Agarwal’s offer in the organization. The remaining $700 million were imbued as new capital. Visit the website OYO.

3. BYJU’s

Founded by Byju Raveendran

Valuation: $8 billion

Situated in: Bengaluru

Area: EdTech

UNICORN STARTUP
Pic From Nextbigbrand

Byju Raveendran’s ed-tech startup is at the third spot among all the Indian unicorns. It has a valuation of a noteworthy $8 billion after just being in presence for under nine years. In its ongoing financing round, the organization has raised $1.2 billion and is India’s biggest ed-tech startup, as of date.

4. OLA CABS

Founded by Bhavish Aggarwal and Ankit Bhati

Valuation: $6 billion

Situated in: Bengaluru

Area: Shared Economy

UNICORN STARTUP
Pic From NDTV

Another mainstream Indian startup to make it to the rundown is Ola. A year ago, the startup was worth $10 billion in October. Nonetheless, only two or three months back, due to COVID, it’s worth declined impressively. Satellite taxis worked by means of a versatile application came to Bhavish and Ankit, two understudies hailing from IIT Bombay in 2011. Today, SoftBank, Tiger Global, Tencent, Matrix Partners, and DST Global are the significant investors in the Unicorn startup.

5. SWIGGY

Founded by Sriharsha Majety, Nadan Reddy, Rahul Jaimini

Valuation: $3.5 billion

Situated in: Bengaluru

Segment: On-Demand Delivery


The online food conveyance startup Swiggy is as of now esteemed at $3.5 billion. Swiggy initially started its activities in August 2014. In those days, it was made by Majety and Reddy, who named it Bundl and it was utilized to encourage messenger benefits just as boat products. Be that as it may, they went to the food conveyance advertise soon enough, in spite of seeing the battle of existing applications like Food Panda and Zomato, in the wake of drawing nearer Rahul who was then working with Myntra. Subsequently, in April this year, Swiggy got $43 million in subsidizing and took the complete financing sum raised by the startup to $156 million in its most recent round. Both Majety and Reddy hail from BITS Pilani, while Jaimini moved on from IIT Kharagpur. It is one of the Unicorn startup.

6. ZOMATO

Founded by Deepinder Goyal and Pankaj Chaddah

Valuation: $3.5 billion

Situated in: Gurgaon

Segment: On-Demand Delivery

ZOMATO
Pic from Business Today

Esteemed at $3.5 billion, Zomato which isn’t just among the best Indian Unicorns but at the same time is a main food conveyance stage. The organization was established in 2008 by Deepinder Goyal and Pankaj Chaddah. To remain the main pony in the race, Zomato has put resources into a few different new companies like UberEats and even EagleTech, an organization that only works with drones, opening up conceivable outcomes of automaton conveyed food. During the COVID-19 pandemic, the organization stayed at the bleeding edge with contactless conveyances and even basic food item conveyances. Starting a year ago, this India-based help is accessible in more than 24 nations and in excess of 10,000 urban communities.

7. RENEW POWER

Founded by Sumant Sinha

Valuation: $3 billion

Situated in: Gurgaon

Part: New Energy

RENEW POWER
Pic From Prnewswire

Soumant Sinha is making ready ahead for ReNew Power, which is as of now esteemed at $3 billion and positions 108th according to the worldwide rundown. The sustainable power source organization started its tasks in January 2011. It raised $250 million from Overseas Private Investment Corporation (OPIC) in February a year ago and their sustainable power source ventures are spread all through a few states in the nation. The organization’s sustainable power source ventures are spread all through a few Indian states. one of the rapid growing Unicorn startup in India.

8. ZERODHA

Founded by Nithin and Nikhil Kamath

Valuation: $3 billion

Situated in: Bengaluru

Segment: Fintech

ZERODHA
Pic from The Week

Zerodha, the Bengaluru-based Fintech isn’t simply among the best Indian Unicorns but at the same time is the country’s biggest stockbroker. Nithin first worked with Reliance Money in 2006 and afterward held hands with his more youthful sibling to make Zerodha in 2010. Since this endeavor is among the Indian Unicorns, these two siblings are extending their points of view. They are currently putting into new companies through their fintech hatchery, Rainmatter and are overseeing riches utilizing their riches the executives arm, True Beacon.

9. BIGBASKET

Founded by V S Sudhakar, Hari Menon, Vipul Parekh, Abhinay Choudhari and V S Ramesh

Valuation: $2.5 billion

Situated in: Bengaluru

Area: Food & Grocery

BIGBASKET
Pic From Entrepreneur

BigBasket, India’s driving on the web market, is among those Indian Unicorns that was broadly utilized during the lockdown forced because of the COVID-19 pandemic. The Bengaluru-based beginning up was established in October 2011. This endeavor was established by similar individuals who made India’s first web-based business website FabMart in 1999 and afterward proceeded to set up Fabmall-Trinethra, which was a chain of in excess of 200 basic food item grocery store stores in southern India. In May 2019, BigBasket made sure about a subsidizing of $150 million and figured out how to be among the best 10 Indian unicorns. Best Unicorn startup know to everyone.

10. UDAAN

Founded by Amod Malviya, Vaibhav Gupta, and Sujeet Kumar

Valuation: $2.5 billion

Situated in: Bengaluru

Part: E-business

UDAAN
Pic from Softfeed

The last organization to have made it to the main 10 Indian Unicorns list is Udaan, which is a B2B purchasing for retailers. It is intended to tackle center exchange issues for little, medium and enormous organizations across India. It was established in 2016 by three ex-Flipkart representatives, Amod Malviya, Vaibhav Gupta, and Sujeet Kumar.

TOP 10 UNICORN STARTUPS IN THE WORLD

1.BYTEDANCE, CHINA

ByteDance is a tech organization working an assortment of substance stages that advise, teach, engage and support individuals across dialects, societies, religions, and so on. It was established by Zhang Yiming in 2012. The best two most significant new companies inside the world are Chinese. ByteDance is the parent organization of worldwide hit applications TikTok and Toutiao. TikTok has become a worldwide hit, piling on more downloads than Facebook and Instagram. Toutiao is a news aggregator application that utilizes AI calculations to follow peruser propensities and convey significant substance. There mission is to motivate inventiveness and improve life.

BYTEDANCE
Pic From Tech Portal

Financial specialists: Coatue, KKR, SoftBank, General Atlantic, Hillhose, SIG Investment, Source Code Capital and Sequoia Capital China.

Items and Services: Toutiao, Douyin, TikTok, Xigua Video, Helo, Lark, Babe, Tech for Good

Industry: Artificial Intelligence

Valuation: $75 billion

2. DIDI CHUXING, CHINA

Didi Chuxing additionally DiDi is known as the world’s driving versatile transportation stage. The organization offers a full vareity of application-based transportation administrations for 550 million clients across Asia, Latin America and Australia. A great many drivers who find adaptable work openings on the DiDi stage give more than 10 billion traveler trips a year. It is China’s driving on the web to-disconnected organization. Didi has likewise made vital interests in a few different new businesses including Grab, Ola, Uber, and Lyft. Bo Zhang and Wei Cheng set up the organization in 2012. Its crucial to manufacture a superior excursion. one of the Unicorn startup.

DIDI CHUXING
Pic From CrunchBase

Financial specialists: Tiger Global, Matrix Partners, and SoftBank.

Items and Services: Taxi, Express, Premier, Luxe, Bus, Designated Driving, Enterprise Solutions, Bike Sharing, E-bicycle Sharing, Automobile Solutions and Food conveyance

Industry: Transportation

Valuation: $56 billion

3. STRIPE, UNITED STATES

Stripe is an installment stage that permits people and organizations to send and get installments on the web. It is a worldwide innovation organization that assembles financial framework for the web. Patrick Collison and John Collison, siblings who established Stripe in 2010, are among the world’s most youthful very rich people. Organizations of each size whether little or large from new businesses to open organizations like Salesforce and Facebook utilize the organization’s product to just acknowledge online installments and run complex worldwide tasks. Stripe’s strategic to enable more organizations to begin and flourish and eventually to develop the GDP of the web.

STRIPE
Pic From Woocommerce

Financial specialists: capitalG and Khosla Ventures.

Items and Services: specialized, extortion anticipation, and banking framework required to work online installment frameworks.

Industry: Fintech

Valuation: $35.25 billion

4. SPACEX, UNITED STATES

Very rich person Elon Musk‘s SpaceX was established in 2002. It is an American aviation producer and space transportation administrations organization. It accomplished the unicorn status in 2012. SpaceX intends to decrease space transportation costs and colonize Mars. It has drastically diminished the expense of rocket dispatches by effectively handling the rockets vertically. SpaceX has built up a few dispatch vehicles, the Starlink satellite heavenly body, and thusly the Dragon shuttle.

SPACEX
Pic from CNBC

Financial specialists: Rothenberg Ventures and Founders Fund.

Items and Services: Several dispatch vehicles, Rocket motors, Dragon containers, Starship (being developed), Starlink ASDS landing stages, Orbital rocket dispatch

Industry: Space Flight

Valuation: $33.3 billion

5. AIRBNB, UNITED STATES

Airbnb is an American online commercial center situated in San Francisco, California, United States. And Airbnb offers plan to its clients for housing, essentially homestays, or the travel industry encounters. The organization doesn’t possess any of the land postings, nor does it have occasions; it goes about as an intermediary, getting commissions from each reserving. Airbnb’s valuations have endured a gigantic shot due to the coronavirus pandemic. one of the Unicorn startup. The movement and get-away rental organizations have stopped. As per the Wall Street Journal, Airbnb’s valuation has dropped from $31 billion a year ago to $18 billion in the most recent financing round. The organization is likewise cutting its showcasing spending plan.

Established in 2008 by Brian Chesky, Joe Gebbia, Nathan Blecharczyk, Airbnb’s strategic to help make an existence where you can have a place anyplace and where individuals can live in a spot, rather than simply making a trip to it.

AIRBNB
Pic From Medium.com

Speculators: Greylock Partners, SV Angel, Sequoia Capital, Keith Rabois, Ashton Kutcher, Elad Gil, Jeremy Stoppelman, Y Ventures.

Items: Platform to oblige visitors with transient housing and the travel industry related exercises

Industry: Travel

Valuation: $18 billion

6. KUAISHOU, CHINA

Relatively few individuals in Western nations have known about Kuaishou. It’s a Chinese short video offering stage to more than 200 million dynamic clients. Notwithstanding China, it’s likewise increased extensive ubiquity in different markets: it’s bested the Google Play and Apple App Store “most downloaded” records in eight nations outside of China. It is regularly referenced as “Kwai” in abroad markets. It is probably the greatest contender of TikTok in China. They accomplished the unicorn status in January 2015.-Unicorn startup

Kuaishou was established by Su Hua and Cheng Yixiao. Set for increment each individual’s satisfaction through huge information and A.I. innovation, Kuaishou was made dependent on the supposition that everybody’s lives merit chronicling.

KUAISHOU
Pic From Technode

Speculators: Kuaishou tallies Baidu and Sequoia Capital

Items and Services: Sharing of short recordings, photographs and livestreams

Industry: Video Sharing

Valuation: $18 billion

7. PAYTM, INDIA

One97 is a main installment specialist organization in India under the brand name Paytm. The fintech startup accomplished the unicorn status in 2015. It has likewise propelled Paytm Payments Bank and Paytm Mall. Established in 2010 by Vijay Shekhar Sharma, Paytm is an installment door that gives installment administrations to shippers and permit customers to make consistent portable installments from cards, financial balances, and advanced credit among others.

The organization keeps up an open culture where everybody is a hands-on donor and feels great imparting thoughts and insights. Paytm’s crucial to perue computerized greatness, increment winning development and to perdure strategically pitching chances.

PAYTM
Pic From TimesofIndia

Speculators: Alibaba, Ant Financial, Intel Capital, and Warren Buffett’s Berkshire Hathaway

Items: Paytm Mall, Paytm Money, Paytm Payments Bank, Gamepind, Paytm Smart Retail

Industry: E-business

Valuation: $16 billion

8. EPIC GAMES, UNITED STATES

Epic Games is an American PC game and programming organization that makes games and offers its game motor innovation to different engineers. The Epic Games is the designer behind a portion of the world’s most well-known games including Gears of War, Fortnite, and Infinity Blade. With the soaring prevalence of its games, it turned into a unicorn in October 2018. Established by Mark Rein and Tim Sweeney in 1991, Epic Games is in the mission of making fun games we need to play and building the craftsmanship and apparatuses we have to rejuvenate those games

EPIC GAMES UNICORN STARTUP
Pic From Siliconangle

Financial specialists: Tencent Holdings, KKR, and Smash Ventures.

Items and Services: Unreal Engine, Epic Games Store, Unreal arrangement, Gears of War arrangement, Fortnite

Industry: Games

Valuation: $15 billion

9. DJI INNOVATIONS, CHINA

DJI creates and produces stunning and inventive automaton and camera innovation for business and recreational use. Shenzhen, generally thought about China’s Silicon Valley, China-based DJI is one of the world’s driving creators of shopper automatons and activity cameras for photography and videography. DJI overwhelms the worldwide regular citizen drone industry with over 70% piece of the pie. Established in 2006 by Frank Wang, DJI’s strategic to making ethereal photography, filmmaking and information assortment more solid and available for makers and trailblazers around the globe.

DJI acquires an income from direct access to the providers, crude materials, and youthful, inventive ability pool essential for continued achievement. Drawing on these assets, they have developed from one little office in 2006 to an overall workforce. Their workplaces would now be able to be found in the United States, Germany, the Netherlands, Japan, South Korea, Beijing, Shanghai, and Hong Kong. As a private and worked organization, DJI centers around their own vision, supporting imaginative, business, and not-for-profit utilizations of their innovation.

DJI INNOVATIONS
Pic From HBS

Speculators: Kleiner Perkins Caufield and Byers, Maison Capital, LightHouse Capital Management, Aeternam Stella Financial Holdings

Items and Services: Huge assortment of automatons

Industry: Drones

Valuation: $18 billion

10. SNATCH, SINGAPORE

Snatch Holdings Inc., ordinarily alluded to as Grab, is a global ride-hailing organization situated in Singapore. The organization offers a scope of administrations, including transport, on-request conveyance, customer and monetary administrations on a solitary versatile stage. Its valuation has remained generally equivalent to a year ago. Get has a solid nearness in Singapore, Indonesia, Malaysia, Thailand, Vietnam, and Myanmar. It is additionally Southeast Asia’s first ‘Decacorn,’ a startup esteemed at $10 at least billion.

Established in 2012 by Anthony Tan and Taan Hooi Ling the organization’s strategic to “Drive Southeast Asia Forward” through development and coarseness. They do this by tackling world issues that more than 620 million individuals face over the district.

Speculators: Softbank, Didi, Honda, CIC, Toyota

Items and Services: GrabTaxi, GrabCar, GrabHitch, GrabShare, GrabCoach, GrabShuttle, GrabShuttle Plus, GrabFamily, JustGrab, GrabNow, and GrabRental.

Industry: Transportation

Valuation: $14.3 billion

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