Gurgaon is the base for 12 unicorn startups, with a strong presence in e-commerce. Snapdeal holds a $7B valuation, while the eyewear brand Lenskart is valued at $6B.
The ecosystem is diverse, featuring companies like travel tech OYO, which has raised $3.6B. Fintech is also a key area, with OfBusiness reaching a valuation of $5B.
Below is the full list of 12 Gurgaon unicorn startups at this time.
Top 10 Most Valuable Gurgaon Unicorns
Tool
Fundraising OS
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Sheet
2,189 Accelerators & Incubators
Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Sheet
1,600+ Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50Sheet
250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Snapdeal runs a value-focused e-commerce platform in India, offering a wide assortment of products from a large network of sellers. They have built a strong presence in non-metro towns by providing an accessible and affordable online shopping experience.
| Valuation | $7B (Joined May 2014) |
| Year Founded | 2005 |
| Founders | Kunal Bahl, Rohit Bansal |
| Funding Amount | $1.8B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Bessemer Venture Partners, Temasek Holdings, RTP Global, BlackRock, Nexus Venture Partners |
Lenskart runs an e-commerce platform dedicated to eyewear, offering everything from prescription glasses to sunglasses and contact lenses. Their platform combines e-commerce with optical services, allowing customers to order custom prescription lenses and frames directly to their homes.
| Valuation | $6B (Joined December 2019) |
| Year Founded | 2008 |
| Founders | Amit Chaudhary, Peyush Bansal, Ramneek Khurana, Sumeet Kapahi |
| Funding Amount | $1.8B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Undisclosed |
| Top Investors | Kedaara Capital, Temasek Holdings, Fidelity, International Finance Corporation, TPG |
OfBusiness provides a technology platform that helps small and medium-sized businesses in India with raw material procurement and financing. The platform gives SMEs in manufacturing and infrastructure access to both essential materials and the credit lines needed to acquire them.
| Valuation | $5B (Joined July 2021) |
| Year Founded | 2015 |
| Founders | Asish Mohapatra, Bhuvan Gupta, Chandranshu Sinha, Nitin Jain, Ruchi Kalra, Srinath Ramakkrushnan, Vasant Sridhar |
| Funding Amount | $989.8M |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Venture Round |
| Top Investors | Titan Capital, Alpha Wave Global, Z47, Norwest, Tiger Global Management |
OYO operates a global travel technology platform that gives hotel and home owners a full suite of tools to manage their properties and increase earnings. Travelers can then book stays across this vast network of budget-friendly accommodations through the company's consumer-facing app and website.
| Valuation | $4B |
| Year Founded | 2012 |
| Founders | Ritesh Agarwal |
| Funding Amount | $3.6B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Venture Round |
| Top Investors | Microsoft, JP Morgan Chase, Lightspeed Venture Partners, Peak XV Partners, Lightspeed India Partners |
CARS24 operates a major online marketplace for buying and selling pre-owned vehicles. Their technology-driven platform manages the entire process, from inspection and financing to the final transaction, creating a more seamless experience for customers.
| Valuation | $3.3B (Joined November 2020) |
| Year Founded | 2015 |
| Founders | Gajendra Jangid, Mehul Agrawal, Ruchit Agarwal, Vikram Chopra |
| Funding Amount | $1.3B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Corporate Round |
| Top Investors | Alpha Wave Global, Peak XV Partners, 500 Global, Commercial Bank of Dubai, Alibaba Group |
Spinny runs a digital platform for buying used cars, simplifying the entire purchasing journey for customers. They are known for their rigorous vehicle inspections and end-to-end transaction management, which builds trust and ensures a seamless experience.
| Valuation | $2B (Joined November 2021) |
| Year Founded | 2015 |
| Founders | Ganesh Pawar, Mohit Gupta, Niraj Singh, Ramanshu Mahaur |
| Funding Amount | $683.5M |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series F |
| Top Investors | General Catalyst, Accel, Tiger Global Management, Elevation Capital, IAN Group |
boAt builds a wide array of audio-tech and wearable products, from headphones and earbuds to smartwatches. They have become a major consumer electronics brand by combining stylish designs with accessible pricing.
| Valuation | $1.4B (Joined October 2022) |
| Year Founded | 2016 |
| Founders | Aman Gupta, Sameer Mehta |
| Funding Amount | $177M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Undisclosed |
| Top Investors | InnoVen Capital, Navi Technologies, Qualcomm Ventures, Warburg Pincus, Fireside Ventures |
Pristyn Care built a healthcare platform to streamline the entire experience for elective surgeries. They connect patients with a network of specialized surgeons and hospitals, managing every step from consultation to recovery.
| Valuation | $1.4B (Joined December 2021) |
| Year Founded | 2018 |
| Founders | Garima Sawhney, Harsimarbir (Harsh) Singh, Vaibhav Kapoor |
| Funding Amount | $181M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Peak XV Partners, Tiger Global Management, Sequoia Capital, Epiq Capital, Hummingbird Ventures |
CarDekho created a comprehensive automotive portal for the Indian market, allowing users to buy, sell, and research vehicles. The platform simplifies the entire ownership journey by offering detailed comparisons, expert reviews, and integrated financing options.
| Valuation | $1.2B (Joined October 2021) |
| Year Founded | 2008 |
| Founders | Amit Jain, Anurag Jain, Umang Kumar, Umesh Hora |
| Funding Amount | $501.1M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series E |
| Top Investors | Hillhouse Investment, Sequoia Capital, Franklin Templeton, Peak XV Partners, LeapFrog Investments |
Oxyzo has created a financial platform that provides customized credit solutions to small and medium-sized businesses. They specialize in helping SMEs secure the necessary capital to expand their operations and improve overall profitability.
| Valuation | $1B |
| Year Founded | 2016 |
| Founders | Asish Mohapatra, Bhuvan Gupta, Ruchi Kalra |
| Funding Amount | $273.9M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series A |
| Top Investors | Z47, Tiger Global Management, Norwest, Alpha Wave Global, Aditya Birla Sun Life AMC |
The Remaining 2 Unicorns Founded in Gurgaon
While the top ten grab the headlines, they don't tell the whole story of Gurgaon's growth. Two more companies, one in mobility and another in logistics, have also reached billion-dollar valuations.
Their success highlights the range of industries where local founders are making an impact. Here’s a closer look at the remaining unicorns that make up the full list.