The year 2019 is ending with India being on the 3rd number on the list of world’s biggest startup ecosystems. The last ten years were really successful when it comes to the startup area as not only a lot of common people willingly and happily became a part of the businesses, but also the way the founders have managed to enhance the funding.
Let’s look at 10 highly funded startups of India (Last Decade)
1. Paytm
Paytm is India’s one of the most convinient paying application that is found in almost everyone’s smartphones. It is also one of the most funded startup to be funded over $3.5 bn. According to calculations, by November 2019, it hit the evaluation of $16 bn.
2. Ola
Uber’s rival Ola is on the 2nd number on the list. Ola raised a total of $3.28 bn funding. The reports say that Ola is again planning to take another round of it which will make the evaluation $10 bn.
3. Oyo Rooms
‘Oyo Rooms’ has enhanced its funding over $3 bn. It is one of the most highlighted startup in the area of hotels.
4. Swiggy
Swiggy is an incredibly loved and operated applications by common people in India. The funding raised by Swiggy is $1.5 bn. It is giving an equal and tough competition to companies such as Zomato and Ubereats.
5. ReNew Power Venture
Sumant Sinha founded this venture in 2011. He has increased the funding over $1.4 bn. It is considered to be India’s largest and best power producer working independently.
6. Groffers
Groffers is a retail statup for groceries and has enhanced the funding up to $1.2 bn. Groffers has been expanding tremendously and now is in 27 cities in India. It also covers Tier 2 cities.
7. Byju’s
Byju’s is one of the fastest growing educational apps in India. The first successful edtech of India is valued $5.7 bn.
8. BigBasket
BigBasket is India’s E-Grocery application and has been successful so far. The total funding raised by BigBasket is $885 mn.
9. Udaan
Udaan has recently transformed into a Unicorn as it has raised the funding up to $870 mn.
10. Delhivery
We all have received our packages from Delhivery. It has increased its funding up to $780 mn till now.
