During the covid epidemic in 2020 & 2021, Indian companies received more than $10 billion in investment. This does not include the approximately $22 billion in investment obtained by Reliance Industries’ digital and retail operations.
Despite the economic slowdown, Indian entrepreneurs raised over $10.8 billion in 614 transactions in the first half of 2021. This has elevated India to the top of the list of countries with the most valuable Startups in the world.
The following are the top ten most valuable Indian Startups as of 2022.
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Flipkart
Flipkart was launched in October 2007 by Sachin Bansal and Binny Bansal, both IIT-Delhi grads and former Amazon employees. Initially, the firm concentrated on online book sales with nationwide shipping. Flipkart gradually expanded in popularity, and by 2008, it was getting 100 orders per day. Flipkart purchased the Bangalore-based social book discovery business in 2010. What began as an online bookstore has evolved into a prominent Indian e-commerce enterprise.
$37.6 billion in value. Flipkart is now an established online business, do you too want to make your business renowned online ? Then you are at the right place, Adsthrive-Digital Marketing Agency In India, helps you establish your business online with their amazing online business strategies.
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BYJU’S
Byju’s is an educational tutoring software that operates on a freemium basis, with free material access restricted to 15 days after enrollment. It was established in August 2015, with instructional content for children in grades 4 to 12, and an early learning program for grades 1 to 3 began in 2019. It also prepares students for exams in India such as IIT-JEE, NEET, CAT, and IAS, as well as worldwide exams such as GRE and GMAT.
Byju’s is an Indian global education technology firm located in Bengaluru that was started in 2011 by Byju Raveendran and Divya Gokulnath. It recently purchased WhiteHat Jr, a coding platform for youngsters, Aakash Institute, an offline exam preparation company, and Topper, an online learning provider.
$16.5 billion in value.Similarly like Bjyu’s you can also start your own learning provider online.To do so you can get in touch a company that provides services regarding online education sector. Adsthrive is a renowned company that provides services of Digital Marketing for Education Business.
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PayTM
Paytm (pay through mobile) is an Indian multinational technology business established in Noida, Uttar Pradesh, that specializes in digital payment systems, e-commerce, and finance. Paytm is currently available in 11 Indian languages and provides online services such as mobile recharges, utility bill payments, travel, movie, and event bookings, as well as in-store payments via the Paytm QR code at grocery stores, fruits and vegetable shops, restaurants, parking, tolls, pharmacies, and educational institutions. Paytm is expected to be worth US$16 billion by 2020.
PayTM, a significant fintech business in the nation was founded in 2010 with an initial investment of US$2 million by its creator Vijay Shekhar Sharma.
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OYO Rooms
OYO Rooms (called OYO), commonly known as OYO Hotels & Houses, is a Multinational OTA that offers hotels, homes, and living spaces. OYO was founded in 2013 by Ritesh Agarwal and initially consisted mostly of low-cost hotels. The company expanded globally, with thousands of hotels, vacation homes, and millions of rooms in over 80 countries, including India, Malaysia, the United Arab Emirates, Nepal, China, and so on.
$9.6 billion in value.
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Ola Cabs
Ola Cabs (stylized as OLA) is a Multinational ridesharing firm that provides services such as car rental and for food delivery. The headquarters of the firm are in Bengaluru, Karnataka. Ola was valued at around US$6.7 billion as of October 2019. The firm is owned by a number of venture capitalists, including Softbank. Ola provides many degrees of service, ranging from low-cost to high-end travel. It claims to have more than 150,000 bookings per day on average and to have 60 percent of the market share in India.
Ola Cabs, which is owned by ANI Technologies Pvt. Ltd., was launched in 2010 by Bhavish Aggarwal and Ankit Bhati. The corporation is expanding into electric automobiles, which will take the company’s operations to a whole new level.
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Postman
Postman is an API platform for developing and consuming APIs that was founded in 2014 by Abhinav Asthana, Abhijit Kane, and Ankit Sobti. $5.6 billion in valuation.
Postman is an API developer collaboration tool. Postman streamlines collaboration and simplifies each stage of designing an API, allowing you to create better APIs quicker.
Postman began as a side project to tackle a specific problem: set out to build a tool that would ease the API testing process. Postman is currently the world’s premier collaboration tool for API development, and the three founders are still in charge.
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Swiggy
Swiggy was started in July 2014 and is India’s leading food ordering and delivery platform. Swiggy is headquartered in Bangalore and is present in 500 Indian cities. Swiggy also offers on-demand grocery deliveries under the brand Instamart, as well as a fast package delivery service called Swiggy Genie, in addition to food delivery. Swiggy Genie allows you to purchase products from local merchants such as medication, food, and veggies. You may also specify a pickup and a drop location to send packages from one place to another across town.
Nandan Reddy, Sriharsha Majety, and Rahul Jaimini started Swiggy in 2014. $5.5 billion in valuation.
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PhonePe
PhonePe is a mobile transaction and global financial firm based in Bangalore, India. Sameer Nigam, Rahul Chari, and Burzin Engineer started PhonePe in December 2015. PhonePe is built on the Unified Payments Interface (UPI).
PhonePe is accessible in more than 11 Indian languages. Users may use PhonePe to send and receive money, recharge mobile phones, DTH, and data cards, make utility payments, pay at stores, invest in tax-saving funds, liquid funds, and purchase insurance, mutual funds, and gold. $5.5 billion in valuation.
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Zomato
Deepinder Goyal and Pankaj Chaddah launched Zomato, an Indian international restaurant aggregator and meal delivery service, in 2008. Zomato offers restaurant information, menus, and user ratings, as well as meal delivery services from partner restaurants in various locations. As of 2019, the service is offered in 24 countries and over 10,000 cities worldwide.
Foodiebay was established in 2008 as a corporation. On January 18, 2010, it was renamed Zomato Media Pvt. Ltd. $5.4 billion in valuation.
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Dream11
Dream11 is a virtual sports website in India that allows users to play fantasy cricket, hockey, football, kabaddi, and basketball. Dream11 has become the first Online gambling firm to become a unicorn in April 2019.
Harsh Jain and Bhavit Sheth co-founded Dream11 in 2008.
They introduced freemium fantasy sports in India for cricket enthusiasts in 2012. The startup announced 1 million registered users in 2014, which increased to 2 million in 2016 and 45 million in 2018. It is an online game in which participants establish a virtual team of real-life players and receive points depending on their performance in real-life matches. At present, its value is $ 5 billion.
Conclusion:
This list can go on as numerous Startups in India are doing very well in their industries. To name a few, Flipkart, Byjus, Ola cabs, Oyo rooms, and phone pe are the names that need no introduction. As now we stepped to 2022 there are many Startups which has a massive impact. The emergence of these Startups is driven by the new force in the global economy, millions of new customers, a new international presence in India, and education.
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