The Full List of 37 Karnataka Unicorn Startups (2026)
Karnataka is home to 37 unicorn startups, making it a key region for new companies in India. The area is known for its mix of technology and financial service companies.
The educational technology company BYJU'S leads the group with a valuation of $22B. Fintech is also a major industry, with companies like Razorpay and Groww valued at over $7B each.
Below is the full list of 37 Karnataka unicorn startups at this time.
Top 10 Most Valuable Karnataka Unicorns
BYJU'S develops personalized learning programs for K-12 students through its widely used educational app. They offer comprehensive video lessons and interactive content designed to make learning more effective and engaging.
| Valuation | $22B |
| Year Founded | 2011 |
| Founders | Byju Raveendran, Divya Gokulnath |
| Funding Amount | $6.3B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | Peak XV Partners, Bond, BlackRock, Lightspeed Venture Partners, B Capital |
Razorpay builds a full-stack payments platform that enables businesses to accept, process, and disburse payments. Their product suite is designed to help companies manage the entire money flow for their operations.
| Valuation | $7.5B (Joined October 2020) |
| Year Founded | 2014 |
| Founders | Harshil Mathur, Shashank Kumar |
| Funding Amount | $816.4M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Ribbit Capital, Z47, Lightspeed Venture Partners, Y Combinator, Peak XV Partners |
Groww built a popular investment platform that provides access to a variety of financial products, from stockbroking to direct mutual funds. They are known for a user-friendly design that simplifies the process of investing in financial markets.
| Valuation | $7B (Joined April 2021) |
| Year Founded | 2016 |
| Founders | Harsh Jain, Ishan Bansal Dean, Lalit Keshre, Neeraj Singh |
| Funding Amount | $593.3M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Y Combinator, ICONIQ Growth, Peak XV Partners, Ribbit Capital, Tiger Global Management |
Ola operates a leading mobility platform that connects millions of users with drivers for ride-hailing services. Their popular mobile app allows users to book a wide range of vehicles, including cars, bikes, and auto-rickshaws, for on-demand travel.
| Valuation | $7B |
| Year Founded | 2010 |
| Founders | Ankit Bhati, Bhavish Aggarwal, Pranay Jivrajka |
| Funding Amount | $5B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series J |
| Top Investors | Peak XV Partners, Titan Capital, Z47, Accel, Temasek Holdings |
CRED operates a members-only platform that rewards individuals for paying their credit card bills. They also provide access to exclusive offers and have expanded into other financial products like rent payments and personal loans.
| Valuation | $6.4B (Joined April 2021) |
| Year Founded | 2018 |
| Founders | Cameron Hejazi, Kunal Shah |
| Funding Amount | $873.6M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Ribbit Capital, Insight Partners, General Catalyst, Peak XV Partners, RTP Global |
Biocon Biologics develops and commercializes high-quality biosimilars to make treatments for chronic diseases more affordable. They focus on global markets to expand patient access to therapies for conditions like diabetes, cancer, and autoimmune disorders.
| Valuation | $6B |
| Year Founded | 1978 |
| Founders | Kiran Mazumdar-Shaw |
| Funding Amount | $482.4M |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Corporate Round |
| Top Investors | Serum Life Sciences, Tata Capital, Goldman Sachs, True North, ADQ |
VerSe Innovation develops content and social media platforms that use recommendation tools to deliver personalized experiences. Their technology powers some of India's largest content discovery and short-form video applications, reaching hundreds of millions of users.
| Valuation | $5B (Joined December 2020) |
| Year Founded | 2007 |
| Founders | Shailendra Sharma, Umang Bedi, Virendra Gupta |
| Funding Amount | $1.7B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series J |
| Top Investors | Goldman Sachs, Z47, Glade Brook Capital Partners, B Capital, Peak XV Partners |
ShareChat operates a social media platform that allows users across India to connect and share content in their native languages. Their focus on regional content has established the app as a major hub for communication and entertainment outside of English-speaking social networks.
| Valuation | $5B (Joined April 2021) |
| Year Founded | 2015 |
| Founders | Ankush Sachdeva, Bhanu Pratap Singh, Farid Ahsan |
| Funding Amount | $1.8B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series H |
| Top Investors | HarbourVest Partners, India Quotient, Lightspeed Venture Partners, Elevation Capital, Temasek Holdings |
Meesho runs a social commerce platform that lets individuals and small businesses start online stores without any investment. They are known for a reselling model where users can sell products from a central catalog through their social networks.
| Valuation | $4B (Joined April 2021) |
| Year Founded | 2015 |
| Founders | Sanjeev Barnwal, Vidit Aatrey |
| Funding Amount | $1.7B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | South Park Commons, B Capital, Elevation Capital, Peak XV Partners, Y Combinator |
Unacademy has built a massive online learning platform offering video lectures, live classes, and extensive test preparation materials. They are best known for connecting millions of students with top educators, helping them prepare for competitive exams across India.
| Valuation | $3.44B (Joined September 2020) |
| Year Founded | 2015 |
| Founders | Gaurav Munjal, Hemesh Singh, Roman Saini, Sachin Gupta |
| Funding Amount | $838.5M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series H |
| Top Investors | Sequoia Capital, Peak XV Partners, Nexus Venture Partners, Elevation Capital, General Atlantic |
The Remaining 27 Karnataka Unicorns
The top ten companies offer just a glimpse into the area's broader startup activity. Together, the remaining unicorns have raised over $11 billion, with many working in retail, enterprise software, and financial tech.
These companies range from recent ventures to businesses that have been building for more than a decade. Below is a look at the other startups that complete Karnataka's unicorn landscape.
| Unicorn Startup | Main Industry | Year Founded | Amount Raised | Valuation |
|---|---|---|---|---|
 Zetwerk | Enterprise | 2018 | $882M | $3.1B |
 Mobile Premier League | Gaming | 2018 | $390.5M | $2.45B |
 Polygon | Crypto | 2017 | $451.5M | $2B |
 Rapido | Data | 2015 | $825.4M | $2B |
 InMobi | Marketing | 2007 | $424.3M | $2B |
 Glance | AI | 2019 | $390M | $2B |
 CoinSwitch | Crypto | 2017 | $301.5M | $2B |
 slice | Fintech | 2016 | $386.9M | $2B |
 Mu Sigma | Analytics | 2004 | $211.9M | $2B |
 Udaan | Enterprise | 2016 | $2.1B | $2B |
 DealShare | Retail | 2018 | $390.3M | $2B |
 Cult.fit | Media | 2016 | $636.8M | $2B |
 Porter | Logistics | 2014 | $356.9M | $1.2B |
 Livspace | Retail | 2014 | $482.5M | $1.2B |
 Moneyview | Fintech | 2014 | $188.3M | $1.2B |
 Apna | Media | 2019 | $193.5M | $1.1B |
 Krutrim | AI | 2023 | $303.7M | $1B |
 Vedantu | Education | 2011 | $306.2M | $1B |
 NoBroker | Real Estate | 2014 | $379.9M | $1B |
 Licious | Logistics | 2015 | $489.5M | $1B |
 Jumbotail | Retail | 2015 | $298.6M | $1B |
 Open Financial Technologies | Fintech | 2017 | $190.8M | $1B |
 Mensa Brands | Retail | 2021 | $293.9M | $1B |
 Quikr | Marketing | 2008 | $424.2M | $1B |
 Perfios Software Solutions | Enterprise | 2008 | $441.2M | $1B |
 LeadSquared | SaaS | 2011 | $187.9M | $1B |
 Hasura | Cloud | 2017 | $136.5M | $1B |
