7 Indian startups valued over $1 billion


Flipkart Flipkart as a startup 9 years ago was a company with ambitions in the e-Commerce domain. The company started as an online platform for selling books in 2007 by Sachin Bansal is now valued at $ 15 billion offering a huge range of products categories. Snapdeal Snapdeal the e-commerce company bucked a slowdown in […]


Flipkart-Sachin_BansalFlipkart

Flipkart as a startup 9 years ago was a company with ambitions in the e-Commerce domain. The company started as an online platform for selling books in 2007 by Sachin Bansal is now valued at $ 15 billion offering a huge range of products categories.

snapdeal_ceo_Snapdeal

Snapdeal the e-commerce company bucked a slowdown in startup investments in India, securing $200 million from the Ontario Teachers’ Pension Plan and others that took the company’s valuation to $6.5 billion. Snapdeal was started by KunalBahl, a Wharton graduate as part of the dual degree M&T Engineering and Business program at Penn, and Rohit Bansal, an alumnus of IIT Delhi in February 2010.

paytm ceoPaytm

Launched in 2010, Paytm is an Indian e-commerce shopping website headquartered in Noida. In March 2015, Indian industrialist Ratan Tata made personal investment in the firm. The same month, the company received a $575 million investment from Chinese e-commerce company Alibaba Group, after Ant Financial Services Group, an Alibaba Group affiliate, took 25% stake in One97 as part of a strategic agreement. Paytm borrowed 300cr from ICICI Bank in March 2016 as working capital. Now the company’s valuation has touched $3-4 billion.

OLAOla

Ola is India’s third-most valuable venture-backed startup after online retailers, Flipkart and Snapdeal. Two engineers Bhavish Aggarwal and AnkitBhati Co-Founded Ola in 2011. The valuation of Ola today is $5 billion. Its investor roster includes leading VC firms Sequoia India, Accel Partners, Matrix Partners, Steadview Capital and Falcon Edge.

quikr pranay-chulet_Quikr

Quikr is the online classifieds major is valued at $1.5 billion which sets the 8 year old company on a new high. founded by Pranay Chulet and Jiby Thomas in 2008 Quikr is funded by some of the best names in business –Matrix Partners, Omidyar Network, Norwest Venture Partners and eBay amongst our shareholders.

zomatoZomato

Founded in 2008, Zomato is a restaurant search and discovery service by Deepinder Goyal and Pankaj Chaddah. It currently operates in 23 countries, including India, Australia and the United States. It has a valuation of about $1 billion.

inmobi naveen-tewariInMobi

Founded in 2007 in India by Naveen Tewari, InMobi is a mobile advertising and discovery platform backed by Soft Bank and Kleiner Perkins. The company has 17 offices across the globe. The company has a valuation of about $1 billion.

Purvi Shukla

A Journalist, Foodie, Traveller, Photographer. Purvi is an avid learner of Business and SME Sector. She can be reached on purvi.shukla@smepost.com

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