India's Trailblazing Tech:
Unicorns and Decacorns
Explore the dynamic landscape of India's startup ecosystem, featuring
companies that have achieved billion and ten-billion dollar valuations. This
presentation highlights their journey, impact, and current status.
Defining Success:
Unicorns &
Decacorns
Unicorn Status
A private startup company with a valuation of over $1 billion. Achieving
this status signifies rapid growth, significant market disruption, and
strong investor confidence.
Decacorn Status
An even rarer feat, a decacorn is a private startup company valued at
over $10 billion. These companies often dominate their respective
sectors, showcasing massive scale and innovation.
InMobi: Pioneering Mobile Advertising
Founders
Naveen Tewari, Abhay Singhal, Piyush Shah, Mohit
Saxena
Unicorn Year
2011
Current Status
Still a dominant force in programmatic
advertising, continually expanding its technology
and global reach.
Business: InMobi is a leading global mobile advertising and
marketing platform. It enables brands and developers to engage
consumers through data-driven advertising experiences, leveraging
AI and machine learning.
Ola Cabs: Reshaping Urban Mobility
Business
Ola Cabs is India's largest ride-hailing company,
offering various transport services from cabs and
auto-rickshaws to bike taxis.
Founders
Bhavish Aggarwal, Ankit Bhati
Unicorn Year
2014
Current Status: Diversifying beyond ride-sharing into electric
vehicles (Ola Electric) and quick commerce, aiming for integrated
mobility solutions.
Paytm: Digital Payments Revolution
01 02 03
Financial Services Powerhouse Founder & Milestone Evolution & Challenges
Paytm is a prominent Indian multinational Founded by Vijay Shekhar Sharma, Paytm While publicly listed, Paytm continues to
financial technology company achieved unicorn status in 2015, driven be a major player in India's digital
specializing in digital payments and by India's digital transformation. payment ecosystem, navigating evolving
financial services. It offers mobile regulatory landscapes.
payments, online shopping, and banking
solutions.
Oyo Rooms: Disrupting Hospitality
Business: Oyo Rooms, or OYO, is a global hospitality chain of
leased and franchised hotels, homes, and living spaces. It
aims to standardize budget accommodation and improve
customer experience.
Founder
Ritesh Agarwal
Unicorn Year
2019
Current Status: Despite global expansion and adapting its business model, Oyo continues to operate in various markets,
focusing on a robust asset-light approach.
Byju's: The EdTech Giant
Revolutionizing Learning Visionary Leadership Global Reach
Byju's is India's largest online Co-founded by Byju Raveendran Byju's expanded globally through
education technology company, and Divya Gokulnath, Byju's acquisitions like Osmo and Epic,
offering personalized learning achieved unicorn status in 2017. aiming to be a leader in digital
programs for students from K-12, education worldwide. Facing
competitive exams, and recent financial re-evaluations, it
professional courses. remains a significant player.
Swiggy: Delivering Convenience
Food Delivery & Beyond
Swiggy is a prominent online food ordering and delivery
platform in India. It has diversified into quick commerce with
Instamart, delivering groceries and essentials.
Founders
Nandan Reddy, Rahul Jaimini, Sriharsha Majety
Unicorn Year
2018
Current Status: A leader in India's hyper-local delivery market, constantly innovating its service offerings and expanding its
reach across cities.
Flipkart: E-commerce Pioneer
Business: Flipkart is India's largest e-commerce company,
offering a vast range of products including electronics,
fashion, home essentials, and groceries. It revolutionized
online retail in India.
Founders: Sachin Bansal, Binny Bansal
Decacorn Year: Achieved unicorn status in 2012, and its
decacorn valuation milestone was crossed around 2017 with
SoftBank's investment.
Current Status: Majority-owned by Walmart, Flipkart
continues to dominate the Indian e-commerce landscape,
expanding into new categories and services.
PhonePe: Leading Digital
Payments
10B+ 500M+
Annual Transactions Registered Users
Processing billions of transactions A rapidly growing user base across
annually, showcasing its massive India's diverse demographics.
scale.
$12B
Decacorn Valuation
Achieved decacorn status in 2022,
a testament to its market
leadership.
Business: PhonePe is a leading digital payments platform and financial
services company based in India. It is primarily known for its UPI-based
payment system but also offers insurance, mutual funds, and gold.
Founders: Sameer Nigam, Rahul Chari, Burzin Engineer. Current Status: A
formidable player in the UPI ecosystem, aggressively expanding its
financial product offerings and market share.
