The Indian startup culture has witnessed a boom in the past couple of years. Though the pandemic slowed down the progress a little, these startups have been picking up the pace quickly.
While many startups went public this year, some were able to raise money through various rounds of funding.
Here are the top 10 Indian startups that raised more than $7 Billion in 2021.
Flipkart – $3.6 Billion
In July this year, Flipkart raised $3.6 billion as part of a new funding round led by parent Walmart Inc. and returning investor SoftBank Group Corp., valuing the online retailers’ total worth at $37.6 billion.
Byju’s – $1.3 billion
The ed-tech startup, Byju’s, has raised more than $1.3 Bn over the past 18 months, The fresh round of investment takes BYJU’s valuation to $16.8 Bn.
Swiggy – $1.2 billion
Swiggy has raised $1.2 billion in funding led by SoftBank Vision Fund 2 and Prosus. With this funding, the startup aims to accelerate growth in food delivery and invest in non-food categories.
Meesho – $870 million
Meesho has raised $570 million in fundraising led by Fidelity Management and Research and Facebook co-founder Eduardo Saverin’s B Capital Group, more than doubling the Bengaluru-based startup’s valuation to $4.9 billion.
Earlier in April, Meesho raised $300 million led by Japan’s SoftBank Group Corp making it a unicorn.
Dream Sports – $840 million
India’s leading sports tech company with owns Dream11 among other brands, Dream Sports, has received an investment of $840 million at an $8 billion valuation, led by Falcon Edge, DST Global, D1 Capital, Redbird Capital, and Tiger Global.
PineLabs – $700 million
Payments and merchant commerce startup PineLabs has raised $700 million this year in several tranches spread across the year, raising its valuation to $3.5 billion.
Eruditus – $650 million
Earlier in August this year, executive education platform Eruditus has raised $650 million as part of its latest Series E funding round led by Accel US and SoftBank Vision Fund II, valuing the startup at $3.2 billion.
ShareChat – $647 million
Mohalla Tech, a Bengaluru-based startup that owns Moj & ShareChat app, is in process of raising $500 million which will bring the company’s estimate to $5 billion.
The company raised almost $647 million this year. In July, it raised $145 million, continuing its $502 million Series F round driven by Singapore state investor Temasek, Moore Strategic Ventures, and Mirae-Naver Asia Growth Fund.
CRED – $547 million
India’s fintech startup, CRED, has raised over $500 million from investors in the last 12 months. In April, the fintech firm raised $215 million in its Series D round at a valuation of $2.2 billion.
Ola – $500 million
Investment titans Temasek and Warburg Pincus participated in the round, along with Ola’s CEO Bhavish Aggarwal, raising $500 million recently.
