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List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities

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.
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.
List of Indian Cities With Their Unicorn Count in 2023 | Indian Unicorn Startups Cities
List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities

As of 2024, over 112 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 | 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 | 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.

Indian Unicorn Startups Cities

Here is the List of Indian Cities With Their Unicorn Count in 2024.

1. 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.
List of Indian Cities With Their Unicorn Count | 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 NameIndustryUnicorn Year
BYJU’sEdtech2017
SwiggySupply chain, logistics, & delivery2018
Ola CabsAuto & Transportation2014
RazorpayFintech2020
CREDFintech2021
Ola Electric MobilityAuto & transportation2019
ShareChatInternet software & services2021
VerSe InnovationMobile & telecommunications2020
MeeshoInternet software & services2021
Digit InsuranceFintech2021
UnacademyEdtech2020
UdaanSupply chain, logistics, & delivery2018
GrowwFintech2021
ZetwerkInternet software & services2021
Mobile Premier LeagueInternet software & services2021
CoinSwitch KuberFintech2021
SliceFintech2021
DealShareE-commerce & direct-to-consumer2022
CureFitHealth2021
AmagiInternet software & services2022
LivSpaceE-commerce & direct-to-consumer2022
Acko General InsuranceFintech2021
apnaInternet software & services2021
BlackBuckSupply chain, logistics, & delivery2021
HasuraInternet software & services2022
InMobiMobile & telecommunications2014
LeadSquaredInternet software & services2022
LiciousE-commerce & direct-to-consumer2021
Mensa Brandsother2021
NoBrokerInternet software & services2021
OpenFintech2022
VedantuEdtech2021
FlipkartEcommerce2012
BigBasketConsumer service2019
PostmanEnterprise tech2020
QuikrConsumer service tech2015
GlanceMedia & Entertainment2020
ZerodhaFintech2020
InnovaccerHealthtech2021
MU SigmaEnterprise Tech2013
zetaFintech2021

Here is details information about Startups in Bengaluru.

Read also – Top Incubation Centres for Startups in Utter Pradesh

2. 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.
List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities | 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 NameIndustryUnicorn year
Dream 11Internet software & services2019
National Stock Exchange of IndiaFintech2020
UpstoxFintech2021
Eruditus Executive EducationEdtech2021
Games24x7Internet software & services2022
UpGradEdtech2021
boATConsumer & retail2022
MyGlammE-commerce & direct-to-consumer2021
PurplleE-commerce & direct-to-consumer2022
Fractal AnalyticsData management & analytics2022
BrowserStackEnterprise tech2021
GupshupEnterprise tech2021
NykaaEcommerce2020
PharmEasyHealthtech2021
BillDeskFintech2018
LEAD SchoolEdtech2022
CoinDCXFintech2021

Know about the detail information about the Startups in Mumbai.

Read also – Top Incubation Centres for Startups in Uttarakhand

3. 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.
List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities | 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 NameIndustryUnicorn year
OYO RoomsTravel2018
OfBusinessE-commerce & direct-to-consumer2021
Cars24E-commerce & direct-to-consumer2020
PolicyBazaarFintech2019
Urban CompanyE-commerce & direct-to-consumer2021
SpinnyE-commerce & direct-to-consumer2021
Pristyn CareHealth2021
MamaearthE-commerce & direct-to-consumer2021
RivigoSupply chain, logistics, & delivery2019
MobikwikFintech2021
1mgHealth tech2022
Renew PowerEnergy Tech2022
OxyzoMedia & Entertainment2022
ShopcluesEcommerce2016
DroomEcommerce2021
ZomatoConsumer Service2018
DelhiveryLogistics2019
BlinkitConsumer Service2021

Get detailed information about startups in Gurugram.

Read also – Top 10 Best Coworking Startups in India

4. 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.
List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities | 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 NameIndustryUnicorn year
YubiFintech2022
ChargebeeFintech2021
UniphoreEnterprise tech2022
FreshworksEnterprise tech2018
ZohoEnterprise tech2021

5. 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.
List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities | 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

Startup NameIndustryUnicorn year
BharatPeFintech2021
ShiprocketSupply chain, logistics, & delivery2022
GlobalBees E-commerce & direct-to-consumer2021
SnapdealE-commerce & direct-to-consumer2014
HikeMedia & Entertainment2016
EaseMYTripTravel Tech2021
MapmyIndiaEcommerce2021
5ireBlockchain network2022

Get detailed information about startups in Delhi.

6. 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.
List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities | 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 NameIndustryUnicorn Year
FirstCryE-commerce & direct-to-consumer2020
ElasticRunSupply chain, logistics, & delivery2022
OneCardFintech2022
Rebel FoodsE-commerce & direct-to-consumer2021
XpressbeesSupply chain, logistics, & delivery2022
IcertisEnterprise Tech2019
DruvaEnterprise Tech 2019
Good Glamm GroupEcommerce2022
Mindtickle Enterprise Tech2021

Read also – Top Incubation Centres for Startups in Maharashtra

7. 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.
List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities | 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 NameIndustryUnicorn Year
Pine LabsFintech2020
PhysicsWallahEdtech2022
Paytm MallEcommerce2018
PaytmFintech2015
MoglixEcommerce2021
Info EdgeConsumer Service2014
IndiaMARTEcommerce2020

Read also – Top Incubation Centres for Startups in Rajasthan

8. Hyderabad

The State Government is planning and establishing conferences, hackathons, state initiatives, and development centers to make Hyderabad an entrepreneurship city.
List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities | Hyderabad

The State Government is planning and establishing conferences, hackathons, state initiatives, and development centers to make Hyderabad an entrepreneurship city.

Startup NameIndustryUnicorn Year
DarwinboxInternet software & services2022
ZenotiEnterprise Tech2020

Read also – Top Online Travel Tech Startups in India

9. 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.
List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities | 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

Startup NameIndustryUnicorn Year
CarDekhoE-commerce & direct-to-consumer2021

10. Thane

List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities | Thane
Startup NameIndustryUnicorn Year
Infra.MarketE-commerce & direct-to-consumer2021

Get detailed information about startups in Jaipur.

Read also – Top 20 Most Active Angel Investors in India’s Startup Ecosystem

11. Faridabad

List of Indian Cities With Their Unicorn Count | Indian Unicorn Startups Cities | 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 NameIndustryUnicorn Year
LenskartE-commerce & direct-to-consumer2019

Read also – Top 20 Best Online Grocery Startups in India

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 | 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?

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.

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