India is achieving milestone in terms of Start-ups and Unicorns, 2022 is a important year for many Start-ups that turn into Unicorns, Know more about them!
The India Start-ups has been growing and recognized Globally. This year 92 Unicorn Start-ups have been proven to be the Future Pillars of India. Creating a Unicorn isn’t easy as it seems, you have to be dedicated, Innovative and Hardworking.
The Word Unicorn and Start-ups are two different terms but represents a powerful Company. “Unicorn” means a Company which has a valuation more than $1 Billion. Whereas a “Start-up” Means a privately owned company which is at its infancy Level.
There are many Start-ups from various countries, India ranked 3rd largest ecosystem in Unicorn Start-up in 2021. It was around 60,000 Start-ups in India 2016 that raised to 44 Start-ups made it as Unicorns in India 2021.
The Country has gained 94 Unicorns which gave total valuation of $319.67 Bn. Out of these 44 Unicorns total made a valuation of 94 Billion in 2021. In 2022, 13 Unicorns made a Valuation of $25.4 Bn.
2020, 2021 and 2022 have the record the maximum numbers of Unicorn Start-ups in India. The Covid-19 Pandemic Faced in 2020 affected in India’s Economy but these Start-up effortlessly contributed to India’s Economy.
According to Surveys, Out of every 10 Unicorns in the World 1 unicorn is from India. Have a look of some of the most popular unicorns in India 2022.
1. Flipkart
Flipkart has recorded as the First Indian Unicorn to achieve Unicorn Status after inMobi. Flipkart is an Online ecommerce Platform also known as Marketplace of India.
It has Achieved a milestone of acquiring over 350+ Million Users, 80+ Million Categories, 150+ Million Products.
Flipkart has became the best and most trusted ecommerce site across all over India. The growth rate of Flipkart was Fast and Easier.
The Founders of the Company Sachin Bansal and Binny Bansal recorded a valuation of $37.6 Billion. Flipkart is Considered as the Most Valued Company in India 2021.
It services are the best all over India that makes Customers Satisfied. Its major investors are Walmart and Softbank. The Festival Offers and Discounts increases it’s marketing to higher level.
2. BYJU’s
BYJU’s is a Bangalore Based Ed-Tech Platform providing it Online-tutoring and Coaching Facilities for Competitive Exams. The Company was started in 2011.
This Company is providing best education from past 10-12 Years. Most of the parents recommend BYJU’s because of its best Study Material and Personal Attention to each Student.
With this Education Company you can Improve your child better.The Company was Founded by BYJU Raveendran and Divya Gokulnath Started the Company. The Company Current Valuation is $16.5 Bn. It has been used by over 15th million students all over the world with 9 Million Paid Users.
It’s an Indian Multinational company headquarters in Bangalore. The Brand Ambassador of the Company is Shahrukh Khan since 2017 also known as the King of Bollywood.
3. Bharat pe
Bharat pe is an Indian Digital Payment application and merchant aggregator. This platform works through QR Code Scanning. Bharat pe is not a government company it’s a private limited company from Resilient Innovation Private Limited.
It is headquartered in New Delhi, India. the Company, has its valuation to $ 2.85 billion and has joined the Unicorn club on August 4, 2021.
The Unicorn Started by Ashneer Grover, Bhavik Koladiya and Shashvat Nakrani in 2018. BharatPe makes payment acceptance very simple by providing the merchants with a single QR to accept all kinds of payment applications.
4. OLA Cabs
Ola Cabs is India’s Ride-Sharing Company that was established in 2010. As of 2019, Ola has expanded to over 1.5 million drivers across 250 cities. Ola has expanded its services overseas in countries like Australia and New Zealand.
Ola started its operations in the UK, with the auto-rickshaw. This Company was founded by Bhavish Aggarwal and Ankit Bhati, serving in the industry of transportation with the headquarters in Bangalore.
It’s Valuation in 2022 is $5 Billion.
5. OYO Rooms
This unicorn was founded by Bhavish Aggarwal and Ankit Bhati, serving in the industry of transportation with the headquarters in Bangalore.
This startup has worked with some of the best existing hotels and has been providing travellers rooms at a significantly lower price; the rooms of Oyo start at a normal cost of rupees 999. By July 2021, it has achieved a valuation of $9 billion.
The Company has investors like Softbank Group, Greenock Capital, Lightspeed India, hero enterprise, Airbnb and China Lodging group. OYO stands for “on your own” rooms. Oyo rooms are very safe and always help us keep privacy in safe hands and provide a cup couple–friendly environment.
Which of these are your favourite Unicorn? Comment below!
