Many startups who weren’t known to a larger audience have reached a high-level platform. Even many companies are now under the tagline of Unicorn. The term ‘Unicorn’ refers to a startup firm that contains a value of over $1 billion.
Out of India’s top 30 Unicorn companies, 18 of them have a link to Chinese investors. Big names like Alibaba Group and its associate Ant Financial, Fosun RZ Capital, and Tencent Holdings are there. They attempted to invest in some startup companies. Out of which, many of them achieved the status of being Unicorn. But when we have a look after the effects of the recent pandemic, various things are getting changed. Due to this move, there can be a hit on those Unicorn entities. And maybe some changes in their growth rates vary in the upcoming time.
But before discussing more on this topic, let’s have a look at the name of those 18 unicorn companies. And there is a description of the year in which they became Unicorn.
Table of Contents
1. Big Basket
- Founded-2011
- Founders-Abhinay Choudhari, Hari Menon, Vipul Parekh, VS Sudhakar
- Became Unicorn-2019
- Headquarters-Bengaluru
- Total Funding-$1.02 Billion
2. Byju’s
- Founded-2008
- Founders-Byju Raveendran, Divya Gokulnath
- Became Unicorn-2018
- Headquarters-Bengaluru
- Total Funding-$785 Million
3. Delhivery
- Founded-2011
- Founders-Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, Suraj Saharan
- Became Unicorn-2019
- Headquarters-Delhi-NCR
- Total Funding-$934.6Million
4. Dream11
- Founded-2011
- Founders-Harsh Jain, Bhavit Sheth
- Became Unicorn-2019
- Headquarters-Mumbai
- Total Funding-$100 Million
5. Flipkart
- Founded-2007
- Founders-Sachin Bansal, Binny Bansal
- Became Unicorn-2012
- Headquarters-Bengaluru
- Total Funding-$7.3 Billion
6. Hike Messenger
- Founded-2012
- Founder-Kavin Bharti Mittal
- Became Unicorn-2016
- Headquarters-Delhi-NCR
- Total Funding-$261 Million
7. MakeMyTrip
- Founded-2000
- Founders-Deep Kalra, Keyur Joshi, Rajesh Magow
- Became Unicorn-2010
- Headquarters-Delhi-NCR
- Total Funding-$548 Million
8. Ola
- Founded-2010
- Founders-Bhavish Aggarwal, Ankit Bhati
- Became Unicorn-2014
- Headquarters-Bengaluru
- Total Funding-$3.8 Billion
9. Oyo
- Founded-2013
- Founders-Ritesh Agarwal
- Became Unicorn-2018
- Headquarters-Delhi-NCR
- Total Funding-$3.3 Billion
10. Paytm
- Founded-2010
- Founders-Vijay Shekhar Sharma
- Became Unicorn-2015
- Headquarters-Delhi-NCR
- Total Funding-$2.5 Billion
11. Paytm Mall
- Founded-2016
- Founder-Vijay Shekhar Sharma
- Became Unicorn-2018
- Headquarters-Delhi-NCR
- Total Funding-$795 Million
12. Policybazaar
- Founded-2008
- Founders-Alok Bansal, Yashish Dahiya
- Became Unicorn-2018
- Headquarters-Delhi-NCR
- Total Funding-$496.6 Million
13. Quickr
- Founded-2008
- Founders-Jiby Thomas, Pranay Chulet
- Became Unicorn-2015
- Headquarters-Bengaluru
- Total Funding-$424.2 Million
14. Rivigo
- Founded-2014
- Founders-Deepak Garg, Gazal Kalra
- Became Unicorn-2018
- Headquarters-Delhi-NCR
- Total Funding-$257.4 Million
15. Snapdeal
- Founded-2010
- Founders-Kunal Bahl, Rohit Bansal
- Became Unicorn-2014
- Headquarters-Delhi-NCR
- Total Funding-$1.8 Billion
16. Swiggy
- Founded-2014
- Founders-Nandan Reddy, Rahul Jaimini, Sriharsha Majety
- Became Unicorn-2018
- Headquarters-Bengaluru
- Total Funding-$1.27 Billion
17. Udaan
- Founded-2016
- Founders-Sujeet Kumar, Vaibhav Gupta, Amod Malviya
- Became Unicorn-2018
- Headquarters-Bengaluru
- Total Funding-$899.9 Million
18. Zomato
- Founded-2008
- Founders-Deepinder Goyal, Pankaj Chaddah
- Became Unicorn-2015
- Headquarters-Delhi-NCR
- Total Funding-$840 Million
Note: You can see a variation in total funding as compared to the given data.
Interesting Fact
India stands as the third-largest startup ecosystem in the world. Around 31 Unicorns are there to see in the present time. Out of which, 2018 was the year when many startups became Unicorn. The last year also proved to be a good charm for platforms like Bigbasket, Delhivery, and Dream11.
Important Things To Know
News revealed from the government of India regarding foreign direct investments (FDI). The management said that all the foreign direct investments from countries like China will be subject to their sanction first.
Even one of the top government officials said one statement. It was that India is allowing for closer inspection of foreign direct investment in areas linked to national security. For the last five to six years, the Chinese investors were showing their interest in Indian startups. And now, the administration from India’s side is trying to keep things under their charge.
The Aim To Spread
If someone is dedicated to the wellbeing of its country, he or she needs to make positive attempts. These attempts can be in the form of elevating the standards of the country’s economy. Particularly talking about India, it proves to be a developing country. After the effects of COVID-19, several conditions have changed. We have seen a downfall in our economy. Now, we must fight and overcome this condition.
Many people are aware of the talks regarding the Indo-China border dispute. Though, attempts are under action to handle the situation to a positive note. On the other side, some officials have also blamed the opponent as a cause behind the pandemic. So, if we take all such things in mind, it will be better to make our country independent.
Ending Note
Try to take some steps that prove better for the welfare of the nation. Like, you can prefer those products which are made by our citizens as compared to the outsiders. We have achieved a great achievement in many sectors like E-commerce, real estate, business process outsourcing services and have become less-dependent now. So, it is time to limit the use of exported things and appreciate our country’s taste. We can attempt to promote those brands which belong to our country. After all, it is better to benefit our locality rather than others.
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