The term “unicorn” is used to refer to start-ups that have achieved a valuation of $1 billion or more. India is home to several such companies. The top unicorns in India include:
1. OYO: OYO is India’s largest hospitality company and the world’s third-largest chain of hotels, homes, managed living and workspaces. Founded in 2013 by Ritesh Agarwal, OYO has raised over $2 billion in equity and debt financing, making it India’s most valuable start-up.
2. Paytm: Paytm is India’s leading digital payments company with a valuation of over $16 billion. Founded in 2010 by Vijay Shekhar Sharma, Paytm offers a comprehensive mobile e-commerce platform and financial services.
3. Flipkart: Flipkart is India’s largest online marketplace with a valuation of around $21 billion. Founded in 2007, Flipkart is owned by Walmart and is one of the largest employers in the country.
4. Udaan: Udaan is India’s largest B2B e-commerce platform, offering an online marketplace for traders and small businesses. Founded in 2016 by Amod Malviya and Sujeet Kumar, Udaan has raised over $2 billion in funding.
5. Swiggy: Swiggy is India’s leading online food delivery platform with a valuation of over $3 billion. Founded in 2014 by Sriharsha Majety, the company has raised over $2.3 billion in funding.
6. Byju’s: Byju’s is India’s leading ed-tech platform, offering personalized learning experiences for students of all ages. Founded in 2011 by Byju Raveendran, Byju’s has raised over $1.5 billion and is valued at over $8 billion.
Who is India’s fastest unicorn?
India’s fastest unicorn is PayTM, a digital payments platform founded in August 2010. The company is valued at over $16 billion, making it the highest valued Indian startup and the first to achieve a valuation of over $10 billion.
PayTM started as a service for mobile recharges and bill payments and has since expanded its offerings to include merchant payments, financial services and banking, insurance, and e-commerce. Its quick and easy payment solutions have made it one of the most popular and widely used fintech apps in the country.
According to a report by a financial intelligence firm, PayTM has around 100 million users and processes over 1 billion transactions in a month.
Is physics wallah a unicorn?
No, physics wallah is not a unicorn. Physics wallah is a term often used to refer to someone who has an extraordinary aptitude or passion for physics. While they may have advanced skills in the subject, they are not mythical creatures like unicorns.
Unicorns have been around in myths, legends, and folklore for thousands of years, while the term “physics wallah” has only been around for a few decades.
How many unicorns are in the US?
It is difficult to definitively answer how many unicorns are in the US due to the mythical nature of unicorns. If one is referring to companies that are valued at over $1 billion, the US is home to the most unicorns in the world, with over 200 unicorns.
These companies include a variety of household names like Uber, Airbnb, WeWork, SpaceX and Palantir. Furthermore, the US is also home to some of the most valuable unicorns, such as UBER ($68 billion), Airbnb ($35 billion) and WeWork ($10 billion).
As unicorn companies continue to raise large amounts of funding and scale their operations, this number is sure to grow.
What is the rank of India in unicorn list?
India is currently ranked third in the world for having the largest number of “unicorn” firms (start-up companies valued at over $1 billion). Three Indian unicorns—Paytm, Ola and Flipkart—are currently ranked amongst the top 10 most valuable unicorns in the world.
India is home to around 22 unicorns, including some of the most well-known start-ups like Byju’s, OYO, BigBasket, Swiggy, and Zomato. India currently has the third largest pool of unicorns across the globe, behind only the US and China, which have a combined total of 201 unicorns.
Which country has highest unicorns?
According to a Global Unicorn Ranking report released by Hurun Research Institute, the United States holds the record for the largest number of unicorns, with 206 unicorns as of October 2020. China came in second with 106 unicorns, followed by India with 15.
Of the United States’ 206 unicorns, Silicon Valley holds the largest number at 94, followed by New York with 34. The global Unicorn Ranking report also detailed the industries where the unicorns are located: fintech (27), e-commerce (25), ride-hailing (19), AI & big data (13), healthcare (11), and software & SaaS (6).
Overall, the United States leads the pack when it comes to the number of unicorns, followed by China and India. The unicorn companies located in the United States are primarily based in the Silicon Valley and New York areas, and are spread across various industries, including fintech, e-commerce, ride-hailing, AI & big data, healthcare, and software & SaaS.
Which company is billion dollar in India?
Reliance Industries Limited (RIL) is the largest privately owned corporation in India and the most valuable company in India, with a market capitalization of over US$ 85 billion. Founded in 1966 by Dhirubhai Ambani, RIL is now responsible for more than 40% of the total market capitalization of India’s Bombay Stock Exchange.
The company 10 subsidiaries in different sector, including Reliance Industries Retail, Reliance Petroleum, and Reliance Industrial Infrastructure – all of which are billion-dollar companies in India.
In addition, the company has a controlling stake in several renowned Indian companies, such as Reliance Jio, which is now India’s largest telecom service provider. Reliance Industries is also the world’s largest producer of polyester fibers and yarns, accounting for almost 20% of the world’s total production.
With such a diverse portfolio, the company continues to be an important source of revenue for the Indian economy.
Does India have 100 unicorns?
No, India does not have 100 unicorns at present. A ‘unicorn’ is a startup company valued at over US$1 billion. According to some reports, India currently has around 20 such startups that meet the criteria to be classified as a ‘unicorn.’
These include Flipkart, Paytm, Ola, Udaan, OYO, Zomato, and MakeMyTrip. Moreover, the current economic slowdown caused by the Covid-19 pandemic has had a negative impact on a number of Indian startups, with some of them even having to lay off employees or go through some other form of restructuring.
Therefore, it is unlikely that India will soon have 100 unicorns.
Which Indian unicorn is profitable?
One Indian unicorn that is profitable is Paytm. Founded in 2010, Paytm is India’s largest digital goods and mobile commerce platform with over 300 million registered users. Paytm’s success is due mainly to its highly focused approach to digital payments; offering users a wide array of services including digital wallets, pre-paid mobile top-up, online shopping, bus ticket bookings, and more.
Paytm is backed by Alibaba Group, SAIF Partners, and SoftBank Group, making it one of the most well-funded startups on the planet. In 2015, Paytm became a unicorn after a $680 million round of funding from Alibaba Group and its affiliate Ant Financial.
Over the years, Paytm has become a key partner for the Indian government. In 2018, the company launched Paytm Payments Bank with the approval of the Reserve Bank of India. Over time, Paytm has grown to become not just a payments processor, but also a full-fledged financial services platform with a presence in insurance, mutual funds, and wealth management.
Paytm has been profitable since its inception. According to its lastly released financial statement, Total Revenue was up 30.2% to Rs 3,558.3 crores. Net Profit was up 26.8% to Rs 454.5 crores in the year ended 31 March 2021 compared to the year ended 31 March 2020.
The company also implemented a number of cost-cutting measures which resulted in increased savings of nearly Rs 450 Crores in FY2021.
Paytm has consistently found new ways to stay ahead of the curve and continues to be a leader in digital payments and financial services in India.
