The Indian startup ecosystem is one of the growing sectors, There are lots of startups that are becoming successful businesses not only in India as well out of the country.
These startups are not only changing traditional industries but also helping in the country’s economic growth. In this article, we will see some valued startups in India.
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Top Startups in India by Valuation 2024
Here is the list of the Top 10 Most Valuable Startups in India.
1. Flipkart – Most Valued Startups in India
Flipkart is a Bengaluru-based e-commerce platform that provides every type of product. It is founded by Binny Bansal and Sachin Bansal in 2007. It offers every type of product such as electronics, fashion, home essentials & groceries, and lifestyle products.
Apart from Flipkart it also owns some other companies like Myntra, PhonePe, and Ekart. The company’s current valuation is more than $37.6 billion.
2. BYJU’s – Highest Valued Startup in India
Byju’s is a Banglore-based ed-tech startup, the company aims to revolutionize the education system. It was founded by Byju Raveendran and Divya Gokulnath in 2011. In its initial days, Byjus started as an offline teaching center in Bengaluru and later they shifted to an online learning platform.
Byju provides a comprehensive learning app, where they teach students from different age groups through video lessons. It also helps in competitive exams such as UPSC, JEE, CAT, NEET, GRE and GMAT. The current valuation of Byju’s is $22bn (£17.28bn).
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3. Swiggy – Highest Valued Startup in India
Bengaluru-based Swiggy is one of the leading on-demand delivery platforms in India. It was founded by Nandan Reddy, Sriharsha Majety, and Rahul Jaimini in 2014. it began operations in Bengaluru and now its service is available in more than 100 Indian cities.
The company aims to provide a fast, seamless, and reliable delivery experience to its customers all over India. The current valuation of Swiggy is $5.5 Bn.
Read also – Best EdTech Startups in India 2024
4. Nykaa – Indian Startups by Valuation
Nykaa is a Mumbai-based direct-to-consumer (D2C) eCommerce brand. The company sells beauty, wellness, and fashion products online but later it also opened some offline stores.
The company directly deals with brands and sells their products on their platform. It is founded by Falguni Nayar and Adwaita Nayar in 2012. The market cap of Nykaa is $5.18 Billion.
5. Dream11 – Wealthiest Startups in India
Mumbai-based Dream11 is the biggest fantasy sports platform. The Company has more than 10 crore users and users can play multiple types of games such as fantasy cricket, kabaddi, hockey, volleyball, handball, football, rugby, baseball, and basketball.
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Users can build their real-life players from the coming matches and score points based on their on-field performance.
6. OYO – Billion Dollar Startups in India
OYO is a Delhi-based global platform, that provides hotel rooms. They also help entrepreneurs and small businesses by offering full-stack technology products and services.
Their tools are designed to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers across the globe. Their service is available in more than 35+ countries with a network of more than 157,000 hotels.
7. Razorpay
Razorpay is a Banglore-based full-stack financial solutions provider founded by Harshil Mathur in 2014. The company helps businesses by providing them with payment-related solutions.
Mainly it offers a payment gateway for businesses where they accept payment easily. The company also help in the customer’s marketplace, automating NEFT, RTGS, IMPS bank transfers, and other payment-related solution in a single platform.
8. Zomato
Zomato is a food-tech platform founded in 2008 by Deepinder Goyal and Pankaj Chaddah. It is a food delivery startup that connects customers, restaurant partners, and delivery partners.
The company started as Foodiebay but was later renamed Zomato. Currently, it operates in more than 24 countries. The current valuation of Zomato is $10.86 Billion.
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9. Postman
Postman is an API platform that is specially designed for developers. It was founded by Abhinav Asthana, Ankit Sobti, and Abhijit Kane. It is one of the leading API platforms.
The Company simplifies every step of making an API and streamlines collaboration to build APIs faster. Currently, postman is used by 25 million developers and 500,000 businesses. The company’s valuation is more than $5.6 billion.
10. Paytm
Paytm is a fintech platform founded by Vijay Shekhar Sharma in 2010. It is a payment gateway where they offer payment services for customers and merchants.
The Platform offers multiple types of services such as mobile recharges, bill payments, ticket bookings, and an online marketplace.
Conclusion
Indian startups are doing very well not only in the country as well globally, these startups are giving their impact all over the world. Changing the traditional business and coming up with new ideas also create lots of jobs. In the upcoming years, they will grow more due to their experience and strong financial background.
This was our selection of the Top 10 Most Valuable Startups in India. We hope this is useful to you. The order of this list is random.
Frequently Asked Questions (FAQs)
Which are the Top 10 Most Valuable Startups in India?
Flipkart, BYJU’s, Swiggy, nykaa, Dream11, OYO, Razorpay, Zomato, Postman, and Paytm are the Top 10 Most Valuable Startups in India.
How do startups help the Indian economy?
The Startup helps the Indian economy by providing employment, attracting foreign investors, the flow of capital in the Indian market, and more.
Who is the founder of Swiggy?
it was founded by Nandan Reddy, Sriharsha Majety, and Rahul Jaimini.
