Indian Startups that created Billion-Dollar Buzz

Here are some of Indian Tech startups that got boosted when Reliance JIO provided 4G services at low prices in India. There are five tech companies that are now valued over a Billion Dollars.

Before reading this article keep in mind that According to Wikipedia, A unicorn is a privately held startup company valued at over $1 billion.

Getting started with…

Swiggy

Indian Billion Dollar Business
Swiggy

Headquarters – Bengaluru

Funding – $210 million by Tencent, Naspers, Wellington Management, Hillhouse Capital and others.

There are a lot of startups in food tech Business but Swiggy has become the Household name for everyone. Swiggy was started in August 2014 and now delivering in almost all the Major cities.

According to the YourStory article, SriHarsha Majety, Founder and CEO of Swiggy says that “Entrepreneurship is in my blood as my father runs a restaurant and always plan to invest in the hospital sector. My mother is a Doctor and has her own clinic. Seeing my family charged, I’m taking inspiration from them.” says Harsha.

Swiggy has raised a total of $465 million since its inception.

Founder and CEOSriHarsha Majety
CFO Rahul Bohra
COOVivek Sundar
HRAsha Bhat
FinanceAbhinav Vijayvargiya
National AccountArpita Aditi
CatalogSouparnika HP
Head of Engineering Dale Vaz
swiggy founders gadacts
Founders of Swiggy

Byju’s

Byju's Gadacts Indian tech startups
Byju’s Learning App

Headquarters – Bengaluru

Funding – worth $40 million by Nasper Ventures

The Economic Times reported in March that Byju’s crossed $1 billion in estimated worth and entered the Unicorn Club. They also mentioned that Byju’s has aggressive overseas plans.

indian tech startups gadacts
Byju Raveendran, Founder & CEO, Byju’s.

Zomato

Indian startups gadacts
Source – VCCIRCLE, Zomato

Headquarters – Gurugram

Funding$210 million from Ant Financial in October 2018.

India’s food delivering and restaurant discovering company raised an amount of $210 million from Ant Financial Company. Media reports also show that the funding included $50 million in secondary share sale from the shareholder Info Edge India Ltd.

indian startups gadacts
Deepinder Goyal, Founder and CEO, Zomato
Source – iamwire.com

Policy Bazar

Indian startups gadacts
PolicyBazaar Logo, Source – Google Images

Headquarters – Gurugram

Funding – $238 million by Softbank.

Policy Bazaar was started by an IIT Alumni in 2008, the Parent Company of Policy Bazaar is ETechAces Marketing and Consulting. Paisa Bazaar is also one of their Digital Properties.

Yashish Dahiya also admitted that the investments from Policybazaar will be used to set up their new Telemedicine Business i.e, DocPrime. Ashish Gupta is CEO of DocPrime.

indian startups gadacts
Yashish Dahiya, Founder and CEO, Policybazaar
Source – BW BusinessWorld

Paytm Mall

indian startups gadacts
Paytm Mall app
Source – flashsaletricks.com

Headquarters – Noida

Funding – $450 million by Alibaba and Softbank

In April 2018, Paytm mall raised funding of Rs 2,900 Crore from Softbank Group Corp. and Alibaba Group. Paytm Mall came in competition with the bigwigs like Amazon and Flipkart. Paytm Mall also became the member of Unicorn club as it’s value at $1.6 to $2.0 Billion.

indian startups gadacts
Chief operating officer – Amit Sinha, Paytm Mall
Source – static-news.moneycontrol.com

So these are Indian Tech Startups that become Billion-Dollar Business, if you like reading this article then share it with your relatives and friends. Be motivated towards your thoughts, ideas and future.

Stay Tuned with Gadacts for more updates and stories.

Nand
Creator of Gadacts and undergrad CS student with interest in web development, UI designing and photography. Sharing my knowledge on Gadacts 🙂

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