As of May 2023, over 108 unicorns were based in India. India’s top five unicorn headquarters are Bengaluru, Mumbai, Gurgram, Delhi, and Noida. India’s economy benefits from unicorn growth. Unicorns generate jobs, innovation, and economic prosperity. The Startup India project helps unicorns grow in India. In this post, We’ll talk about the List of Indian Cities With Their Unicorn Count in 2023 | Indian Unicorn Startups Cities.
Startups received tax incentives, cash, and other support from this campaign. Unicorns will continue to grow in India. The country’s strong talent pool and increasing economy support unicorn growth. Startup funding from the Indian government should boost unicorn growth. This blog article examines the Indian unicorn ecosystem. We’ll cover India’s top unicorn cities and what’s driven their success.
Read also – List of Unicorn Startups in India 2023 | Indian Unicorn Startups
Startups and venture capital firms in these cities foster unicorn growth. Unicorns generate jobs, innovation, and economic prosperity. The Startup India project helps unicorns grow in India. Startups received tax incentives, cash, and other support from this campaign. Unicorns will continue to grow in India. The country’s strong talent pool and increasing economy support unicorn growth. Startup funding from the Indian government should boost unicorn growth.
Here is the List of Indian Cities With Their Unicorn Count in 2023 | Indian Unicorn Startups Cities
Bengaluru
There are various reasons behind the high number of unicorn startups in Bengaluru (Silicon Valley of India). Bengaluru has the availability of investors, funds, facilities, a business environment, and a skilled workforce. They can use business infrastructure and the latest technology for their growth.
Read also – Top Incubation Centres for Startups in Tamil Nadu
| Startup Name | Industry | Unicorn Year |
| BYJU’s | Edtech | 2017 |
| Swiggy | Supply chain, logistics, & delivery | 2018 |
| Ola Cabs | Auto & Transportation | 2014 |
| Razorpay | Fintech | 2020 |
| CRED | Fintech | 2021 |
| Ola Electric Mobility | Auto & transportation | 2019 |
| ShareChat | Internet software & services | 2021 |
| VerSe Innovation | Mobile & telecommunications | 2020 |
| Meesho | Internet software & services | 2021 |
| Digit Insurance | Fintech | 2021 |
| Unacademy | Edtech | 2020 |
| Udaan | Supply chain, logistics, & delivery | 2018 |
| Groww | Fintech | 2021 |
| Zetwerk | Internet software & services | 2021 |
| Mobile Premier League | Internet software & services | 2021 |
| CoinSwitch Kuber | Fintech | 2021 |
| Slice | Fintech | 2021 |
| DealShare | E-commerce & direct-to-consumer | 2022 |
| CureFit | Health | 2021 |
| Amagi | Internet software & services | 2022 |
| LivSpace | E-commerce & direct-to-consumer | 2022 |
| Acko General Insurance | Fintech | 2021 |
| apna | Internet software & services | 2021 |
| BlackBuck | Supply chain, logistics, & delivery | 2021 |
| Hasura | Internet software & services | 2022 |
| InMobi | Mobile & telecommunications | 2014 |
| LeadSquared | Internet software & services | 2022 |
| Licious | E-commerce & direct-to-consumer | 2021 |
| Mensa Brands | other | 2021 |
| NoBroker | Internet software & services | 2021 |
| Open | Fintech | 2022 |
| Vedantu | Edtech | 2021 |
| Flipkart | Ecommerce | 2012 |
| BigBasket | Consumer service | 2019 |
| Postman | Enterprise tech | 2020 |
| Quikr | Consumer service tech | 2015 |
| Glance | Media & Entertainment | 2020 |
| Zerodha | Fintech | 2020 |
| Innovaccer | Healthtech | 2021 |
| MU Sigma | Enterprise Tech | 2013 |
| zeta | Fintech | 2021 |
Read also – Top Incubation Centres for Startups in Utter Pradesh
Mumbai
Mumbai is India’s financial center. Mumbai houses most financial institutions such as the Bombay Stock Exchange, RBI. Tata Group, Aditya Birla Group, and Reliance Industries have their headquarters here.
Read also – Top Incubation Centres for Startups in Bihar
Mumbai is the financial capital of India. It has many modes of transportation and a vast talent pool. Mumbai is the best place for corporations and networking.
| Startup Name | Industry | Unicorn year |
| Dream 11 | Internet software & services | 2019 |
| National Stock Exchange of India | Fintech | 2020 |
| Upstox | Fintech | 2021 |
| Eruditus Executive Education | Edtech | 2021 |
| Games24x7 | Internet software & services | 2022 |
| UpGrad | Edtech | 2021 |
| boAT | Consumer & retail | 2022 |
| MyGlamm | E-commerce & direct-to-consumer | 2021 |
| Purplle | E-commerce & direct-to-consumer | 2022 |
| Fractal Analytics | Data management & analytics | 2022 |
| BrowserStack | Enterprise tech | 2021 |
| Gupshup | Enterprise tech | 2021 |
| Nykaa | Ecommerce | 2020 |
| PharmEasy | Healthtech | 2021 |
| BillDesk | Fintech | 2018 |
| LEAD School | Edtech | 2022 |
| CoinDCX | Fintech | 2021 |
Read also – Top Incubation Centres for Startups in Uttarakhand
Gurugram
The Haryana government has always taken a proactive stance to assist startup businesses and make it easier to do business there. The State has implemented specific policy-level interventions to position Haryana as a leading investment destination in order to achieve the same.
| Startup Name | Industry | Unicorn year |
| OYO Rooms | Travel | 2018 |
| OfBusiness | E-commerce & direct-to-consumer | 2021 |
| Cars24 | E-commerce & direct-to-consumer | 2020 |
| PolicyBazaar | Fintech | 2019 |
| Urban Company | E-commerce & direct-to-consumer | 2021 |
| Spinny | E-commerce & direct-to-consumer | 2021 |
| Pristyn Care | Health | 2021 |
| Mamaearth | E-commerce & direct-to-consumer | 2021 |
| Rivigo | Supply chain, logistics, & delivery | 2019 |
| Mobikwik | Fintech | 2021 |
| 1mg | Health tech | 2022 |
| Renew Power | Energy Tech | 2022 |
| Oxyzo | Media & Entertainment | 2022 |
| Shopclues | Ecommerce | 2016 |
| Droom | Ecommerce | 2021 |
| Zomato | Consumer Service | 2018 |
| Delhivery | Logistics | 2019 |
| Blinkit | Consumer Service | 2021 |
Read also – Top 10 Best Coworking Startups in India in 2023
Chennai
The second-largest economy in the nation, Tamil Nadu ranks third nationally for startup activity. The state’s startup economy is driven by both established industries and new ones. Chennai has a good literacy rate so very easy to get talented and skilled employees. Special Economic Zone and Increased export goods and services trade promotion is the biggest reasons people want to start startups in Chennai.
Read also – Top Incubation Centres for Startups in Tamil Nadu
| Startup Name | Industry | Unicorn year |
| Yubi | Fintech | 2022 |
| Chargebee | Fintech | 2021 |
| Uniphore | Enterprise tech | 2022 |
| Freshworks | Enterprise tech | 2018 |
| Zoho | Enterprise tech | 2021 |
New Delhi
New Delhi, India’s capital, has become a startup hub and Delhi is home to many startups and unicorns. Making coworking spaces available to all is a big reason for becoming a startup hub.
Read also – Top Incubation Centres for Startups in Delhi 2023
| Startup Name | Industry | Unicorn year |
| BharatPe | Fintech | 2021 |
| Shiprocket | Supply chain, logistics, & delivery | 2022 |
| GlobalBees | E-commerce & direct-to-consumer | 2021 |
| Snapdeal | E-commerce & direct-to-consumer | 2014 |
| Hike | Media & Entertainment | 2016 |
| EaseMYTrip | Travel Tech | 2021 |
| MapmyIndia | Ecommerce | 2021 |
| 5ire | Blockchain network | 2022 |
Pune
Pune is Maharashtra’s cultural capital and an automotive and IT hub. Indian investors like Pune. It enabled several startups. Its proximity to Mumbai boosts trade, business, and lifestyle. Thus, Pune attracts company startup investors. This section lists popular Pune startups.
| Startup Name | Industry | Unicorn Year |
| FirstCry | E-commerce & direct-to-consumer | 2020 |
| ElasticRun | Supply chain, logistics, & delivery | 2022 |
| OneCard | Fintech | 2022 |
| Rebel Foods | E-commerce & direct-to-consumer | 2021 |
| Xpressbees | Supply chain, logistics, & delivery | 2022 |
| Icertis | Enterprise Tech | 2019 |
| Druva | Enterprise Tech | 2019 |
| Good Glamm Group | Ecommerce | 2022 |
| Mindtickle | Enterprise Tech | 2021 |
Read also – Top Incubation Centres for Startups in Maharashtra
Noida
In the middle of Ghaziabad and Delhi is Noida. Over the past 20 years, the town’s population has increased significantly; today, there are more than 7 million residents.
| Startup Name | Industry | Unicorn Year |
| Pine Labs | Fintech | 2020 |
| PhysicsWallah | Edtech | 2022 |
| Paytm Mall | Ecommerce | 2018 |
| Paytm | Fintech | 2015 |
| Moglix | Ecommerce | 2021 |
| Info Edge | Consumer Service | 2014 |
| IndiaMART | Ecommerce | 2020 |
Read also – Top Incubation Centres for Startups in Rajasthan
Hyderabad
The State Government is planning and establishing conferences, hackathons, state initiatives, and development centers to make Hyderabad an entrepreneurship city.
| Startup Name | Industry | Unicorn Year |
| Darwinbox | Internet software & services | 2022 |
| Zenoti | Enterprise Tech | 2020 |
Read also – Top Online Travel Tech Startups in India in 2023
Jaipur
With the aid of startups, the state government of Rajasthan encourages innovation, creates jobs, and facilitates investment in the state. More startups and business establishments will come as a result of the government providing infrastructure to the city.
Read also – Top 10 Best Cyber Security Startups in India in 2023
| Startup Name | Industry | Unicorn Year |
| CarDekho | E-commerce & direct-to-consumer | 2021 |
Thane
| Startup Name | Industry | Unicorn Year |
| Infra.Market | E-commerce & direct-to-consumer | 2021 |
Read also – Top 20 Most Active Angel Investors in India’s Startup Ecosystem
Faridabad
It’s one of Haryana’s most populous cities and part of the Delhi NCR. The city is now a prominent startup hub. Haryana’s industrial heartland, Faridabad, is in the southeast.
| Startup Name | Industry | Unicorn Year |
| Lenskart | E-commerce & direct-to-consumer | 2019 |
Read also – Top 20 Best Online Grocery Startups in India in 2023
In conclusion, Bangalore, Mumbai, Gurgram, and New Delhi are the cities having the highest concentration of unicorns in India. Startups find these places appealing for a variety of reasons, such as the abundance of skilled individuals, the supportive nature of the government, and the burgeoning economies. The prevalence of unicorns in India is probably going to increase as the nation develops.
This was the List of Indian Cities With Their Unicorn Count in 2023 | Indian Unicorn Startups Cities. We hope this is useful to you. The order of this list is random.
Frequently asked questions (FAQs)
Which Indian state has the most unicorn startups?
The most unicorn startups are found in Karnataka.
What is the List of Indian Cities With Their Unicorn Count in 2023?
Bangalore, Mumbai, Gurgram, and New Delhi are the cities having the highest concentration of unicorns in India.
How many unicorns are there in India?
India is home to over 108 unicorns, and the number is expected to grow in the coming years.
Which city has the most unicorns?
Bengaluru has the most number of unicorns.
