Top Unicorn Companies in India

Here’s a refined and organized summary of the information provided about some of India’s top unicorn companies:

InMobi

InMobi, founded by Naveen Tiwari in 2007, is a Bengaluru-based mobile advertising company. It helps various mobile companies with their advertising needs. Notably, InMobi became India’s first unicorn company. In 2019, InMobi launched its subsidiary, Glance, which became a unicorn in 2020.

Flipkart

Flipkart is one of India’s largest e-commerce platforms, founded by Binny Bansal and Sachin Bansal in Bengaluru in 2007. By 2023, Flipkart’s valuation exceeded $37 billion, making it one of the largest unicorns in India. In 2018, Walmart acquired Flipkart for $16 billion.

Dream11

Dream11, founded by Bhavith Sheth and Harsh Jain in 2008, is India’s largest sports fantasy company. It has millions of users playing fantasy sports. By 2021, the company was valued at $8 billion, marking it as one of India’s significant unicorn startups.

Ola

Ola, founded in 2010 by Bhavish Aggarwal and Ankit Bhati, is a major online taxi ride booking company in India, used by millions daily. Ola has expanded internationally and was valued at over $6 billion by 2020.

OYO

OYO Rooms, founded by Ritesh Agarwal in 2013 when he was just 21 years old, is the most used online hotel booking company in India. OYO has invested in numerous properties across the country, growing its business significantly. In 2021, OYO’s valuation was $9 billion, cementing its place as a leading unicorn.

This summary encapsulates the key achievements and milestones of these companies, highlighting their growth and contributions to the Indian startup ecosystem.