India has been at the forefront of startup revolution over the past several years. The country has produced a great number of startups that are leading at the global stage. Recent statistics depicts that, there are around 39, 200 startups currently active in India. And the numbers are growing by the day.
India, a land of half a billion consumers and it's large number of young & energetic talent base; has enticed all major investors. Everybody wants to get a piece of the vast consumer base. And the numbers shows just that. In 2017, a whooping $13.7B of funding were raised by the Indian startups. Following that, they secured another $13B in 2018, giving them a valuation of nearly $140B.
The biggest online store for Mobiles, Fashion (Clothes/Shoes), Electronics, Home Appliances, Books, Jewelry, Home, Furniture, Sporting goods, beauty and more. Flipkart was founded in 2007 by Sachin Bansal & Binny Bansal and has it's headquarter in Bengaluru.
Total Funding: $7.5B in 19 Funding Rounds (Last Funding Type: Corporate Round)
Lead Investors: SoftBank, Tencent, Tiger Global, eBay etc.
Valuation: Flipkart was reported a Valuation of $21B as of May 09, 2018
Ola is one of the world’s largest ride-hailing companies, serving 125+ cities, across India, Australia, New Zealand, and the UK. It offers to book cabs nearby your location for best fares. For best taxi service at lowest fares, say Ola! Ola Cabs was developed by ANI Technologies Pvt. Ltd.
Total Funding: $3.8B in 21 Funding Rounds (Last Funding Type: Corporate Round)
Lead Investors: Temasek Holdings, SoftBank, Tencent Holdings etc.
Valuation: Ola was valued at nearly $6B as of Mar 18, 2019
India’s largest payments company that offers multi-source and multi destination payment solutions. Paytm was founded on August 2010 by Vijay Shekhar Sharma, based out of Noida, Uttar Pradesh. The company is owned by India’s largest mobile-internet firm One97 Communications.
Total Funding: $2.3B in 5 Funding Rounds (Last Funding Type: Undisclosed)
Lead Investors: Alibaba Group, SoftBank, Berkshire Hathaway, Sapphire Ventures among others
Valuation: Paytm was valued at $10B as of Jan 2018
Snapdeal is an Indian online marketplace that offers daily deals on products such as mobiles, electronics, apparel, and accessories. It was started on 4 February 2010 by Kunal Bahl and Rohit Bansal. The company has it's headquarter in Gurgaon, Haryana, India.
Total Funding: $1.8B in 12 Funding Rounds (Last Funding Type: Venture - Series Unknown)
Lead Investors: SoftBank, Alibaba, Foxconn, Temasek, Bessemer Venture Partners etc.
Valuation: SnapDeal was valued at a massive $6.5B in Jul 18, 2017, but it's valuation has since dropped to $1.1B according to several resources (sighted in Apr 2019).
OYO Rooms, commonly known as OYO, is an Indian hospitality service and budget hotel network. It is a technology driven chain of standardized budget hotels in 200+ Indian cities and over 7000 hotels. OYO was founded in 2013 by Ritesh Agarwal based out of Gurugram, Haryana, India.
Total Funding: $1.7B in 12 Funding Rounds (Last Funding Type: Series E)
Lead Investors: Softbank Group, Lightspeed Venture Partners, Sequoia Capital, Greenoaks Capital etc.
Valuation: OYO was valued at over $5B as of Apr 1, 2019
A food ordering and delivery company that provides food service solutions for restaurants. Swiggy was founded in Aug 1, 2014 by Sriharsha Majety, Rahul Jaimini, & Nandan Reddy. The company has presence in over 60 locations in PAN India.
Total Funding: $1.5B in 9 Funding Rounds (Last Funding Type: Series H)
Lead Investors: Naspers, DST Global, Tencent Hondings, Wellington Management etc.
Valuation: Swiggy was valued at $3.3B in Dec 20, 2018
Bigbasket is an online food and grocery store. It is India's largest online supermarket delivering straight to your home. The company was founded in 2011 by Hari Menon, Vipul Parekh, Abhinay Choudhari, VS Sudhakar & VS Ramesh.
Total Funding: $989.5M in 14 Funding Rounds (Last Funding Type: Venture - Series F)
Lead Investors: Alibaba Group, Bessemer Venture Partners, Sands Capital Ventures, Mirae Asset Global Investments etc.
Valuation: Bigbasket was valued at $2.1B in Feb 08, 2019
Byju's is India' largest Edtech (Learning) Company that is reinventing how students learn through its learning app (Byju's- The Learning App). It 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. The company was founded in 2008 by Byju Raveendran in Bangalore, Karnataka.
Total Funding: $819.8M in 10 Funding Rounds (Last Funding Type: Private Equity Round)
Lead Investors: General Atlantic, Tencent Holdings, Naspers, IFC Venture Capital Group etc.
Valuation: BYJU'S was valued at $3.6B as of Dec 11, 2018
A restaurant search and discovery app that provides information and reviews on restaurants, including images of menus where the restaurant does not have its own website. Zomato was founded in 2008 by Deepinder Goyal and Pankaj Chaddah. With headquartered in Gurgaon, Haryana, INDIA, the company currently operates in 23 countries, including India, Australia, and United States.
Total Funding: $755.6M in 13 Funding Rounds (Last Funding Type: Corporate Round)
Lead Investors: Ant Financial, Alipay Singapore, Sequoia Capital India, Temasek Holdings etc.
Valuation: Zomato was valued at $3.6B as of Mar 1, 2019.
Delhivery private limited is India's largest and most profitable fulfilment and logistics company for digital commerce and order/waybill tracking. It's mission is to fulfill all of India's online consumption demand through best-in-class industry solutions,domain expertise and pan-India operations. Delhivery was founded in May 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan & Kapil Bharati.
Total Funding: $670.6M in 7 Funding Rounds (Last Funding Type: Series F)
Lead Investors: Softbank, Tiger Global Management, Multiples, Carlyle Group etc.
Valuation: Delhivery was valued at $1.6B in Mar 24, 2019
A online travel company providing holiday packages, travel guides, and booking services for flights, hotels and buses. MakeMyTrip is the leading player in online flight bookings in India, offering great offers, some of the lowest airfares, exclusive discounts and a seamless online booking experience. MakeMyTrip was founded in 2000 by Deep Kalra.
Total Funding: $548M in 5 Funding Rounds (Last Funding Type: Post IPO Equity)
Lead Investors: Naspers, Ctrip, Tiger Fund, Helion Venture Partners, Sierra Ventures etc.
Valuation: Valued at IPO $850M in Aug 20, 2010/ Mkt Cap: $2.65B in Apr 18, 2019
Grofers is an Indian on-demand online grocery delivery service that connects consumers with local merchants. It offers a wide assortment of groceries, fruits & vegetables, cosmetics, electronics, bakery items, pet care products and much more. Grofers was founded in December 2013 by Albinder Dhindsa & Saurabh Kumarand, based out of Gurgaon, Harayana.
Total Funding: $502M in 7 Funding Rounds (Last Funding Type: Series F)
Lead Investors: SoftBank, Tiger Global, Sequoia Capital etc.
Valuation: Grofers was valued at $425M in Feb 28, 2019