STARTUP

Indian Startups In Billion Dollar club

COMAPANY: FLIPKART
VALUE: $15 BILLION

Flipkart, the e-commerce giant founded by Sachin and Binny Bansal in 2007. The company, that boasts of 30 million products across more than 70 categories on its desktop, mobile and app platforms, is valued at $15 billion. It also claims to be the first billion dollar company in the Indian e-commerce market, that has shown significant growth across the years. Flipkart acquired fashion ecommerce company myntra in 2015

COMPANY: SNAPDEAL
VALUE: $5 BILLION

Snapdeal – started as a group deal companyis another eCommerce company. Ranked second in the club with a valuation of $5 billion, Snapdeal was founded by Kunal Bahl and Rohit Bansal in 2010. Acquired Freecharge a online rechange company in 2014. It raised $500 million from investors such as Alibaba Group and Foxconn.

COMPANY: OLA
VALUE: $5 BILLION

Along with e-commerce, ride-sharing apps have been a major success over the past couple of years in India. Ola, a mobile app for personal transportation, was founded in 2010 by Bhavish Aggarwal and Ankit Bhati and is now valued at $5 billion. Acquired TaxiforSure in 2014 to become largest fleet of taxi marketplace in India. Strongly competing with international player UBER.

COMAPNY: Paytm
Value: $2 billion

A simple recharge company gone miles with an aim to build cash free economy. Majority of investment done by Jack Ma alibaba group to take this company to billion dollar club. Post that investment PAYTM acquired close to 15 companies to expand its horizon in eCommerce space.

COMPANY: QUIKR
VALUE: $1.5 BILLION

Nobody imagined a second hand goods market place to become such big. With over a billion page views per month Quikr is the most visited sites in India. Competing with OLX. Recently was in news for acquiring common floor a real estate market place.

COMPANY: SHOPCLUES
VALUE: $1.1 BILLION

A low margin eCommerce marketplace selling goods across all categories recently raised 100m USD from tiger global to become a billion dollar eCommerce company.

COMPANY: INMOBI
VALUE: $1 BILLION

Founded in Bengaluru in 2007, InMobi advertisement delivery platform which directly competes with google on yahoo in advertising space. served more than 50 Billion ads across different devices globally. Considered as the top 50 disruptive startups by MIT review.

COMPANY: ZOMATO
VALUE: $1 BILLION

Restaurant discovery startup that was founded in 2008 by Deepinder Goyal and Pankaj Chaddah and is used widely in countries like India, US and Australia. The company has been regularly acquiring smaller startups in its attempt to expand its restaurant and menu database. Was recently in news for firing employees and shutting down meal delivery in some cities.

1 Comment

1 Comment

  1. Aashirvad Kumar

    June 4, 2017 at 12:27 pm

    Nice previous some days I am looking for travelling apps in India. And I got it.

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