Presenting, the technology unicorns – companies that have been valued at $1 billion (approximately INR 6400 crores) or higher based on their fundraisings. In this list, we have only considered companies related to internet technology and have not included 4-5 companies in sectors such as Big Data Analytics, Medical Science & Real Estate.
Of the 19 companies in the list, 7 are from India – something that makes us extremely proud. Another 7 are from the United States, 4 from China and just 1 from Europe. While billion dollar tech start-ups are not a surprise in the US, for India it is a matter of great achievement and speaks of the entrepreneurial brilliance of our country’s youth.
As the start-up environment gets more fertile, India will see a lot more billion dollar tech start-ups dominate the global economy. We are sure that the next big Google or Facebook idea would be from India.
Sector: e-Commerce
Famous for: Uber App (Taxi hailing service)
Sector: e-Commerce
Famous for: Smart Phones
Sector: e-Commerce
Famous for: www.airbnb.com/ AirBNB App (Hotel/ home stay booking service)
Sector: e-Commerce
Famous for: www.flipkart.com/ Flipkart App (Online store)
Famous acquisition: Myntra Fashion (India)
Sector: Social Media
Famous for: Snapchat App (Photo & Video Sharing Messaging Service)
Sector: Social Media
Famous for: www.pintrest.com | Pintrest App
Sector: Cloud Storage
Famous for: Large file transfers through www.dropbox.com
Sector: e-Commerce Transport
Famous for: Didi Kuaidi Website (Taxi hailing service)
Sector: Music Streaming
Famous for: www.spotify.com | Spotify App
Sector: Online Deals
Famous for: www.meituan.com | Meituan App
Sector: Internet Retail
Famous for: www.snapdeal.com | Snapdeal App
Sector: Local Business Reviews
Famous for: www.dianping.com | Dianping App
Sector: Mobile Payments
Famous for: www.stripe.com | Stripe App
Sector: Internet Retail
Famous for: www.fanatics.com | Fanatics App
Sector: Internet Transportation
Famous for: Ola App (Taxi hailing service)
Sector: Mobile Payments, Internet Retail
Famous for: www.paytm.com | PayTM App
Sector: Mobile Advertisements
Sector: Internet Fashion Retail
Famous for: www.jabong.com | Jabong App
Sector: Restaurant Discovery | Internet Food Orders
Famous for: www.zomato.com | Zomato App
Famous acquisition: Urban Spoon (United States)