Top Funded Startups in India of All Time!

Companies in India That Has Received The Most Fundings of All Time!

  

India is making history in creating startups. Last year itself there 3000+ new startups has evolved in their Startup Ecosystem. And with over 45000 startups the country Ranks in the Top 5 globally. Indian’s startups are being funded or being acquired by the Top Investors/Companies in the world. They raised over $80M from thee Food Tech industry only and has a total amount of Funding of over $4B in 2016 despite of over 200 startups being shut down that year.

  

Even though they fell short in 2016 but many of their startups were being attracted by numerous VC/Angel Investors. Their startup Ecosystem contains over 50,000 startups. And some of them are leading from the front in Global Startup space with over Billion Dollar in Fundings.



 

 

Here is the List for the All Time Top Funded Startups in India:

   

1. Flipkart:

An online shopping destination for India founded in 2007 by Sachin Bansal and Binny Bansal. Flipkart offers over 20 million products across 70+ categories. Flipkart, started by a team of 2 is currently 20000 people strong and has 26 million registered users clocking over 8 million daily visits.

Total Funding: $7.3B in 18 Rounds(Series H)
Annual Revenue: $2.2B (2016)

Market Valuation: $11.6B (April 2016)

Flipkart Top Acquisitions: eBay India, Myntra, PhonePe, F1 Info Solutions & Services & 6 other Startups were being Acquired by Flipkart.

   

2. Ola:

With Total Funding of $3.01B(as of Oct 2, 2017), this Indian online transportation network company is the 2nd best funded startups in Indian history. It is India’s most popular mobile application for booking your cab, changing the way you travel in your city, forever! We bring together cab drivers and customers using technology to make transportation hassle free for everyone.

Total Funding: $3.01B in 14 Rounds from 27 Investors
Annual Revenue: $117.6 million(2016)

Market Valuation: $7B(as of Oct 2, 2017)

Ola’s Acquisitions: Qarth, Geotagg, TaxiForSure.com were being Acquired by Ola

  

3. SnapDeal:

An Indian online marketplace that offers daily deals on products such as mobiles, electronics, apparel, and accessories. It takes the company to raise a total amount of $1.78B in Funding to become the 3rd most funded startup in India. Launched in February 2010, it is the market leader in the retail services deals space, also the largest e-retailer of watches, sunglasses, jewellery, among other categories. SnapDeal has been rated as the number 1 e-commerce site in India by Dataquest/Sapient E-commerce Survey 2011.

Total Funding: $1.78B in 13 Funding Rounds(Last fundraiser was on May 29, 2017)
Annual Revenue: $225.11M (2017)

Market Valuation: $4.5B(as of May, 2017)

SnapDeal Top Acquisitions: Exclusively, RupeePower, Shopo, Reduce Data (Total 12 companies were being acquired by the company

  

4. Paytm:

An Indian electronic payment and e-commerce brand based out of Delhi NCR, India. it is a consumer brand of parent company One97 Communications. The name is an acronym for “Payment Through Mobile. It takes the company to receive a Total funding of $1.65B to be the 4th on the List. Founded in 2010, Noida, Uttar Pradesh, Paytm is India’s largest mobile commerce platform that started by offering mobile recharge and utility bill payments and today it offers a full marketplace to consumers on its mobile apps.

Total Funding: $1.65B in 4 Funding Rounds(Last fundraiser was on May, 2017)
Annual Revenue: $126.5 (2017)

Market Valuation: $8B (As of May, 2017)

Paytm Top Acquisitions: Insider.in, nearbuy, EduKart (Total 7 Companies were being bought by Paytm)

  

5. ReNew Power:

The 5th Spot belongs to ReNew Power, A leading renewable energy producers in India, initially focusing on purchasing and operating the majority of wind farms in India. The company was founded by Sumant Sinha in 2011 and is headquartered in Gurgaon, Haryana, India.

Total Funding: $1.18B in 6 rounds(Last fundraiser was on Aug 18, 2017)
Annual Revenue: $50M-$70M (2017)

Market Valuation: Unknown

ReNew Power Top Acquisitions: None found

  

6. Greenko Group:

An independent power producer developing clean energy assets Greenko, is a mainstream participant in the growing Indian energy industry and a market leading owner and operator of clean energy projects in India. The company was founded in 2004 by Anil Chalamalasetty and is based in Hyderabad, Andhra Pradesh, India.

Total Funding: $777.62M in 5 rounds
Annual Revenue: $64.4M (2017)

Market Valuation: $6.2B(2017)

Greenko Top Acquisitions: SunEdison

  

7. Bigbasket:

This online food and grocery store becomes the 7th highest funded startups in India with a total of $572M in Funding. Bigbasket was founded in 2011 by Hari Menon, Vipul Parekh, Abhinay Choudhari, VS Sudhakar & VS Ramesh in Bangalore, Karnataka.

Total Funding: $577.1M in 11 Rounds
Annual Revenue: $140M-$160M(In 2017)

Market Valuation: $900M(2017)

Bigbasket Top Acquisitions: Unknown

  

8. OYO:

A technology driven chain of standardized budget hotels in 200+ Indian cities and over 7000 hotels. Oyo stands at No. 8 with a total amount of $450M in Funding. The company started with one city and one hotel in Gurugram in January 2013. The company, as of September 2017 has around 70,000 Rooms in 8,500 hotels across 230 towns of India.

Total Funding: $450M in 8 Rounds
Annual Revenue: $400M(in 2017)

Market Valuation: $800M(2017)

OYO Top Acquisitions: ZO rooms

  

9. Quikr:

The 9th place belongs to Quikr, A leading cross-category classifieds advertising platform that caters to over 30 million unique visitors every month. It has listings in over 900 cities in India in categories such as mobile phones, household goods, cars, real estate, jobs, services and education.

Total Funding: $430.2M in 10 Rounds
Annual Revenue: $43.6M(2016)

Market Valuation: $1.5B+(2017)

Quikr Top Acquisitions: CommonFloor Acquired by Quikr for $200

  

10. Spandana Sphoorty Financial:

With a total funding of $331.92M Spandana Sphoorty, a Micro Finance firm takes the 10th spot for the Top Funded startup in India. The company offers micro-credit products, including income generation loans; micro enterprise loans; non-micro finance loans given to middle income households who clear their old loans; loans for women to set up and expand income generating activities, smoothen household cash flows, and acquire productive assets; and gold loans. The company also provides credit plus services, which include safe drinking water interventions; renewable-energy product portfolio, such as solar lanterns and additional small income from carbon credits for reducing carbon emissions etc.

Total Funding: $331.92M in 3 Rounds
Annual Revenue: $20M (2017)

Market Valuation: $3.84B(2017)

Spandana Sphoorty Acquisitions: Unknown

  

11. InMobi:

With a total Funding amount of $320.6M, InMobi becomes the 11th highest funded startup in India. This global mobile advertising and discovery platform has over 1.5 billion unique mobile devices worldwide. InMobi was founded in 2007 under the moniker mKhoj by Naveen Tewari, Mohit Saxena, Amit Gupta and Abhay Singhal.

Total Funding: $320M in 6 rounds (Debt Financing)
Annual Revenue: $425M-$475 million(2017)

Market Valuation: $1B(2017)

Quikr Acquisitions: Sprout, Appstores.com, Metaflow Solutions, MMTG Labs

  

12. hike:

hike is a mobile app that enables its users to communicate with each other. It also enables its users to access group chats, pin important messages, send and receive attachments, and connect on both online and offline modes. It was launched on 12 December 2012 by Kavin Bharti Mittal and it is based in New Delhi, Delhi, India.

Total Funding: $261M in 5 Rounds(In Series D Funding)
Annual Revenue: $15M-$25M(2017)

Market Valuation: $1.4B(2017)

hike Acquisitions: InstaLively, CREO, Thought Mechanics

  

13. Delhivery:

Delhivery is an E-commerce logistics service company based out of Gurgaon. The company is run by a Gurgaon-based logistics company SSN Logistics Pvt Ltd. The company was started by a bunch of engineers including Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua and Suraj Saharan. And it is backed by Times Internet Ltd, which had acquired a minority stake in the firm in June last year.

Total Funding: $257.6M in 6 Rounds
Annual Revenue: $83.4M(2016)

Market Valuation: $650M(As of May 22, 2017)

Delhivery Investments: Invested in Qikpod, Parcelled.in, Parcelled.in, Rocketbox & Opinio

  

14. Byju’s:

Byju’s, largest Edtech (Learning) Company in India takes the 14th spot with a Total Funding Amount of $244M. The company offers learning programs that are effective and engaging for students in class 6-12, and for competitive exams like CAT, IAS, and GRE GMAT. It has 7 Mn+ users on it’s platform today.

Total Funding: $244M in 7 Rounds
Annual Revenue: $40M-$50M(In 2017)

Market Valuation: $800M (As of July, 2017)

Byju’s Acquisitions: Acquired TutorVista.com , Vidyartha (SPAN Thoughtworks Pvt. Ltd.)

  

15. Zomato:

A restaurant search and discovery app and website, providing in-depth information for over 1.4 million restaurants across 23 countries. Zomato is used by consumers globally to discover, rate and review restaurants, as well as create their own personal network of foodies for trusted recommendations.

Total Funding: $243.8M in 9 Rounds from 5 Investors
Annual Revenue: $49M(2017)

Market Valuation: $1.4B (As of Sep, 2017)

Zomato Acquisitions: Acquired 11 companies including Runnr, NexTable, Inc., Urbanspoon, Cibando etc

  

16. CarTrade:

A leading online automotive market for buyers and sellers of new and used vehicles. CarTrade operates as a platform for business-to-business (B2B) and business-to-consumer (B2C) operations. With $240.2M in Total Funding CarTrade stands at No. 16th of the List.

Total Funding: $240.2M in round 6(Series F)
Annual Revenue: $5.2M(2016)

Market Valuation: Unknown
 

CarTrade Acquisitions:

CarTrade.com acquired CarWale, an online classifieds portal in for $90M in November 2015. It has also acquired vehicle inspection and valuation venture Adroit Inspection in an all-cash deal more than a year after buying rival CarWale.com.
  

17. Grofers:

An on-demand online grocery delivery service that was founded in December 2013 and is based in Gurgaon. As of Oct 25, 2017, Grofers has raised a total of $180.3M in Funding. Grofers holds the No. 17 on the Highest Funded Startups in India.

Total Funding: $180.3M in 2 rounds (Series D)
Annual Revenue: $2M-$5M(2017)

Market Valuation: $150-200M (As of May, 2017)
 

Grofers Acquisitions:

Mygreenbox & Townrush were being acquired by Grofers respectively on Apr 10, 2015 & Oct 27, 2015
  

18. Ecom Express:

Ecom Express Private Limited is a leading end-to-end logistics solutions provider with a focus on speed, safe and reliable nation-wide express delivery services to e-commerce industry. It provides, Order Fulfillment Services, Ecom fulfillment Services, Ecom network services, Cross-Border Services, Revers logistics services, Value Added Services and RVP+.

Total Funding: $176.45M in round 3
Annual Revenue: $10M(2016)

Market Valuation: $700M(April, 2017)
 

Ecom Express Acquisitions:

Unknown
  

19. Housing.com:

A Mumbai-based real estate search portal which allows customers to search for housing based on geography, number of rooms, and various other filters. The company has 6,000 brokers and serves 40 cities in India including Chennai, Mumbai, Bangalore, Kolkata and Delhi.

Total Funding: $159.2M in 6 rounds
Annual Revenue: $10M(2016)

Market Valuation: $240(Nov, 2016)
 

Acquisitions:

Housing.com was acquired by PropTiger on Jan 10, 2017
  

20. PolicyBazaar:

Policybazaar is an Indian online life insurance and general insurance comparison portal. The company was founded in 2008 by Alok Bansal & Yashish Dahiya and it is based Gurgaon, Haryana, India.

Total Funding: $146.6M in round 6
Annual Revenue: $10M-$15M(2016)

Market Valuation: $500M(As of Oct, 15 2017)
 

Acquisitions:

None
  

21. Shopclues:

India’s first and the largest managed marketplace with more than 100 million monthly visitors on its website. With $139M in total Funding, Shopclues stands at 21st spot among the Top Funded startups in India.

Total Funding: $138.98M in 8 Rounds
Annual Revenue: $35M-$40M(2016)

Market Valuation: $1.1B(As of May, 2017)
 

Acquisitions:

Acquired Momoe Technologies, A mobile payment solution company on Jul 15, 2016
  

22. Lenskart:

Lenskart is India’s leading online shopping portal for eyewear. It is the first of its kind online optical store in India, has made it possible to acquire a good quality pair of specs with prescription lenses for just Rs. 399, all this while you sit in the comfort of your home. With a 48-hour free home delivery guarantee and 365 days return policy, Lenskart.com is doing what ecommerce hasn’t been able to do in India yet.

Total Funding: $129.6M in 6 Rounds
Annual Revenue: $10M-$15M(In 2016)

Market Valuation: Approximately $900M(As of May, 2017)
 

Investment:

Lenskart invested $11M to 6over6 & $1M to DITTO.com
  

23. Rivigo:

Rivigo is a technology-enabled company that offers logistics services and solutions in India. With ground-breaking technology solutions and advanced data analytics. The company was founded in 2014 Rivigo(trucksfirst) is built for clients who need hassle free, reliable, professional and super-express logistics services.

Total Funding: $129.8M from 4 Rounds(Late Stage Venture)
Estimated Annual Revenue: $200M(2017)

Market Valuation: Over $1B(As of August, 2017)
 

Investment:

None
  

24. Hero Future Energies:

Hero Future Energies is a Hero Group Company, one of the leading Independent Power Producers in the Renewable Energy Sector. The company provides clean power to industries, businesses, educational institutes, non-profits and governmental organizations at competitive rates.

Total Funding: $125M in 1 round (Private Equity)
Estimated Annual Revenue: $1M-5M(2017)

Market Valuation: Not found
 

Investment:

None
  

25. BookMyShow:

Bigtree Entertainment’s BookMyShow is India’s largest entertainment ticketing website. With BookMyShow’s application you can now book tickets for movies, plays, concerts, sports and many other events happening in your city. You can book and buy movie tickets online. Our app also lets you check movie show timings, theatre lists, read reviews & news.

Total Funding: $124.5M in 3 Rounds
Estimated Annual Revenue: $50M-$60M(2017)

Market Valuation: $465.8M (As of July, 2016)
 

Acquisitions:

These 6 companies- nFusion, burrp!, Townscript, MastiTickets, Eventifier & Fantainwere being acquired by BookMyShow
  

26. Urban Ladder:

An online furniture company that aims to provide a curated destination for home solutions, to help the Urban Indian build well-furnished, beautiful homes. With $95.2M in total funding to date Urban Ladder becomes the 26th companies that has received the most fundings.

Total Funding: $95.2M in round 6(Series E)
Estimated Annual Revenue: $80M-$100M(2017)

Market Valuation: $126M (As of Feb, 2017)
 

Acquisitions:

None
  

27. Yepme:

Yepme is an online shopping company headquartered in Gurgaon, Haryana, India. It was established in April 2011. The company specializes in the online retailing of men’s and women’s garments and accessories. In August 2011, the company positioned itself as a fully-fledged private label fashion brand.

Total Funding: $90M (Series- Unknown)
Estimated Annual Revenue: $45M(2016)

Market Valuation: Unknown
 

Acquisitions:

None
  

28. Capital Float:

An online platform that provides working capital finance to SMEs in India. It offers flexible, short-term loans that can be used to purchase inventory, service new orders or optimize cash cycles.

Total Funding: $88.5M in 5 rounds (Series C)
Estimated Annual Revenue: $5-$10M(2016)

Market Valuation: $100M(May 12, 2016)
 

Acquisitions:

None
  

29. InCred:

InCred is a new-age financial services group that leverages technology and data-science to make lending quick and easy. It uses technology and data-science to make lending quick, simple and hassle-free. InCred offers a broad portfolio of products that cuts across affordable home loans, personal loans, education loans and SME business loans.

Total Funding: $75M in 1 Round(Venture – Series Unknown)
Estimated Annual Revenue: $3-$5M(2016)

Market Valuation: Unknown
 

Investments:

Invested in DigiLend Analytics & Technology & KNAB Finance
  

30. Lendingkart:

Lendingkart is an online financing company dedicated to help entrepreneurs and small businesses with Working Capital Loans. We use Analytics and Big data scoring to evaluate our customer’s business. It was incorporated in 2014 and is based in Ahmedabad, India with additional offices in Bangalore and Mumbai.

Total Funding: $65M (Venture – Series Unknown)
Estimated Annual Revenue: $5(2016)

Market Valuation: Approximately $100M (As of Jan, 2017)
 

Acquisitions:

Acquired KountMoney on Oct 18, 2016
  

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