List of 11 latest Unicorn Startup in India 2021

Unicorn Startup in India
  • Cred
  • Meesho
  • Sharechat
  • Digit
  • Pharmeasy
  • Fivestar
  • Gupshup
  • Chargebee
  • Innovaccer
  • Infra market
  • Groww
List of 11 Newest Unicorn Startup in India
List of 11 Newest Unicorn Startup in India

In India there are 11 newest unicorn in India Startup that have entered the unicorn club in first quarter of this year. Its raining unicorn in India. We have arranged them in the list according to their current valuation. We also discuss their first & recent funding rounds, company goal, headquarter, founder and share a small story of the company how they become a Unicorn. Did you know what the meaning of Unicorn in Business is? In business, a Unicorn is any startup that held a valuation over $1 billion.

Cred (Biggest Unicorn Startup of India)
Cred (Biggest Unicorn Startup of India)
Founder — Kunal Shah
Sector – Fintech
Current valuation – $2.2 B


Cred is one of the most latest Indian unicorn and fascinating business case studies in the Indian startup ecosystem. It is a fintech startup founded by kunal shah. In just 2 years cred went from 0 to hitting a $2.2 Billion valuation and became one of the youngest Indian startup to reach this milestone. Now, the Peculiarity of cred is that in 2020 alone it incurred a massive loss of 360 crores which is massive increased from 2019 by 492%. And for every rupee of revenue that it generated they spend 727 rupees which is massive cash burn. That make massive expenditure in creative marketing. Cred help in paying credit card bill & Wins Amazing rewards and check credit score. The startup has raised a total $471.2M. Their latest funding was raised on 6 April 2021. Dragon investment group and Tiger global management was most recent investor.

Meesho (Second largest Unicorn Startup in India)
Meesho (Second largest Unicorn Startup in India)
Founder – Vidit Aartrey and Sanjeev Barnwal
Sector – Social Commerce
Current valuation – $2.2 B

Meesho, is social e-commerce startup Started by IIT Delhi graduate vidit Aartrey and sanjeev Barnwal in December 2015. Meesho, is the latest Indian unicorn And its deals as a digital reselling platform that enable anyone to start online business without investment. The company headquarter is located in Bangalore, Karnataka. Meesho has raised a total $515.2M in funding over 9 rounds. Meesho latest funding was raised on April 5, 2021, from series “E” a $300M by SoftBank Vision fund and now current valuation of meesho is $2.2 Billion.

Sharechat - A social platform
Sharechat – A social platform
Founder – Ankush sachdev, Bjanu Ptratap Zssingh and Farid Ahsan
Sector – Social Media
Current valuation – $2.1B


Sharerchat is a Bangalore based social media is the latest Indian unicorn and now Its current valuation is $2.1B. It was founded by Ankush sachdev, Bjanu Ptratap singh and Farid Ahsan. The parent company of social chat is mohalla tech Pvt ltd. On sharechat Indians sharing their content. Enjoy funny short videos and different type of videos. Sharechat has acquired 5 startups. Their most recent acquisition was HPS films on sep 16 – 2020. Sharechat has raised total $824.8M in funding over 10 rounds. Their latest funding was raised on 8 April 2021 in from Series E round and Xiaomi was the most recent investor.

Digit Insurance - A digital insurance company
Digit Insurance – A digital insurance company
Founder – Kamesh Goyal
Sector – Digital Insurance
Current valuation – $2.1 B


Digit Insurance is one of the leading General insurance Startup in india and its main motive is to make insurance service Process simple for peoples. Digit is the first and latest Indian unicorn of this year after raising 135 Crores from its existing investors A91 partner, TVS capital and Fearing capital and now current valuation is $1.9B. The insurance company was founded by Kamesh Goyal in 2016 and its key investor is Canadian Billionaire Prem wastra’s Fairfax group. In term of overall financial Performance, Digit insurance Operation revenue grew 149.4% to Rs 1247 crores in financial year ended 2020 (FY 19-20).

PharmEasy
PharmEasy (first phareasy Unicorn Startup in India.)
Founder – Dharmil shreth and Dr. Dhaval Shah
Sector – E-Pharmacy
Current valuation – $1.5B


PharmEasy is one among the India’s commonest and trusted Online Pharmacy and medical stores offering Pharmatucals and health care product on a reduced price. It founded by Dharmil shreth and Dr. Dhaval Shah at Mumbai, India it was started in 2015 with an online platform that provide medicine delivery & diagnostic tests to patient pharmeasy operation started in eights cities of India. It raises funding from various investors its first funding was raised by Bessemer Venture partners and orios Venture partners and its latest was raised $323M in Series E round. from Prosus Venture and become India’s first E-Pharmacy Company to enter the Unicorn club at a Valuation of $1.5B. first phareasy Unicorn Startup in India.

Five Star
Five Star sixth Unicorn startup of India
Founder – VK Ranganathan
Sector – Non Banking firm
Current valuation – $1.5B

Five star is a Loan providing startup for small businesses and small mortgage loans to eligible borrowers to meet their needs. It is register as a Non-banking finance company wit Reserve Bank of India (RBI). This company is founded by VK Ranganathan at 1984. The headquarter is located in kilpauk, Tamilnadu, India. Five star business finance Ltd has raised a total of $456.1M funding in 7 rounds. Their latest funding was raised on 26 March 2021 from a private equity round. It is funded by 8 investors. Norwest Venture partner and Kholberg Kravish Robert are the most recent investors and now it enter the Unicorn club with the valuation of $1.4B.

Gupshup
Gupshup
Founder – Beerud Sheth
Sector – Enterprise Marketing
Current valuation – $1.4B

Gupshup is the india’s leading conversational messaging startup. It also operates in US and UK. The startup has provides services like SMS, Email, Chatbot development and IP messaging services to retail and E-commerce companies. The founder of Gupshup is Beerud Sheth is founded at San Francisco, California, United States in 2004. This startup has raise total $144.1M in funding over 6 rounds. Their latest funding was raised on 8 April 2021 from a Series F rounds. and its funded by 8 investor Tiger global management CRV are the most recent investors and now its entered in the unicorn club with the valuation of $1.4M. Newest Unicorn Startup in India.

Chargebee (Second fintech Unicorn Startup in India of this year)
Chargebee (Second fintech Unicorn Startup in India of this year)
Founder – KP Saravanan, Krish Subramanian, Thiyagarajan Thiyagu
Sector – Fintech
Current valuation – $1.4B


Chargebee is a fintech startup it recurs billing and subscription management system that help saas, subscription, e-commerce and provide membership services. The main aim of this startup is to managing the subscription and simplifying the billing system for their customers. The Chargebee is founded by KP Saravanan, Krish Subramanian, Thiyagarajan Thiyagu in 15 june 2011. The headquater is located at San Francisco Bay Area, West coast, western US. Chargebee has raised total funding $218M over 7 rounds. Their latest funding was raised on 20 April 2021 From Series G round. Now current valuation of the startup is $1.4B. Chaargebee funded by 5 investors. the most recent investor are the tiger global management and sapphire venture. it is the Second fintech Unicorn Startup in India of this year

Innovaccer
Founder – Abhinav Shashank, Kanav hasija, Sandeep k Gupta
Sector – Software
Current valuation – $1.3B

Innovaccer is a Heath care based startup that delivers health care data through pioneering analytics and data. This startup has been working on collecting health care data with the help of Artificial intelligence and it recognizes data activation platform. Innovaccer successfully implement data for several institutions, government organization and some other Nonprofit organizations. This startup is founded by Abhinav Shashank, Kanav hasija, Sandeep k Gupta at San Francisco Bay Area, West coast, western US in 1 August 2014. Innovaccer has raised total $229.1M Funding in 6 rounds their latest funding was raised on 19 Feb, 2021 From a Series D round. After the new funding this startup entered in the unicorn club. It funded by 19 investors the most recent investor are Dragoneer investment group and Tiger global management.

Infra Market ( Unicorn Startup in India
Infra Market ( Unicorn Startup in India)
Founder – Aditya Sharda and Souvik sengupta
Sector – Infrastructur
Current valuation – $1B


Infra market the technological infrastructure based startup that has providing the one stop marketplace for construction material. In Conclusion, There has main aim to providing all construction material at fair price and on time with delivery tracking system and providing easy credit facilities to the customers. firstly, Infra market was founded by Aditya Sharda and Souvik sengupta on 15 July 2016. Therefore headquarter is located in Thane, Maharashtra India but Infra market has raises total $161.1M funding in 7 Rounds very easily. This startup is funded by 8 investor. Their most recent investor are Tiger global management and Sistema Asia capital after fresh funding this startup entre into unicorn club.

Groww - Fastest growing Unicorn Startup in India of this year
Groww – Fastest growing Unicorn Startup in India of this year
Founder – by Lalit keshre with their friends HArh jain, Ishan bansal and Neeraj singh.
Sector – Stock Broking
Current valuation – $1B

Groww is an Bangalore, India based online trading & investment platform that offers anew way of investing money with stockbroking and direct mutual funds. However there motive of this startup is to simplifying the way investment & trading for their Potential customers. firstly, It was started on April 2016 in Bangalore and certainly, it sees high growth in few years. As, feb 2021 groww had more than 10 Million registered users on its platform. It has founded by Lalit keshre with their friends HArh jain, Ishan bansal and Neeraj singh. Groww has raised total $142.3M in funding over 6 rounds. Their latest funding was raised on 7 April 2021from series D round and its entered in the unicorn club. It funded by 16 investors. Tiger global management and Y combination continuity fund are the most recent investors.

The Article written by Startuphulk after a deep Research.

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