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The Full List of 37 Karnataka Unicorn Startups (2026)

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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.

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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 Founded2011
FoundersByju Raveendran, Divya Gokulnath
Funding Amount$6.3B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusPrivate Equity
Top InvestorsPeak 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 Founded2014
FoundersHarshil Mathur, Shashank Kumar
Funding Amount$816.4M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries F
Top InvestorsRibbit 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 Founded2016
FoundersHarsh Jain, Ishan Bansal Dean, Lalit Keshre, Neeraj Singh
Funding Amount$593.3M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries F
Top InvestorsY 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 Founded2010
FoundersAnkit Bhati, Bhavish Aggarwal, Pranay Jivrajka
Funding Amount$5B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusSeries J
Top InvestorsPeak 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 Founded2018
FoundersCameron Hejazi, Kunal Shah
Funding Amount$873.6M
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsRibbit 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 Founded1978
FoundersKiran Mazumdar-Shaw
Funding Amount$482.4M
Company SizeEnterprise Organization (5,001+)
Last Funding StatusCorporate Round
Top InvestorsSerum 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 Founded2007
FoundersShailendra Sharma, Umang Bedi, Virendra Gupta
Funding Amount$1.7B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries J
Top InvestorsGoldman 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 Founded2015
FoundersAnkush Sachdeva, Bhanu Pratap Singh, Farid Ahsan
Funding Amount$1.8B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries H
Top InvestorsHarbourVest 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 Founded2015
FoundersSanjeev Barnwal, Vidit Aatrey
Funding Amount$1.7B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsSouth 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 Founded2015
FoundersGaurav Munjal, Hemesh Singh, Roman Saini, Sachin Gupta
Funding Amount$838.5M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries H
Top InvestorsSequoia 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 StartupMain IndustryYear FoundedAmount RaisedValuation
Zetwerk logo ZetwerkEnterprise2018$882M$3.1B
Mobile Premier League logo Mobile Premier LeagueGaming2018$390.5M$2.45B
Polygon logo PolygonCrypto2017$451.5M$2B
Rapido logo RapidoData2015$825.4M$2B
InMobi logo InMobiMarketing2007$424.3M$2B
Glance logo GlanceAI2019$390M$2B
CoinSwitch logo CoinSwitchCrypto2017$301.5M$2B
slice logo sliceFintech2016$386.9M$2B
Mu Sigma logo Mu SigmaAnalytics2004$211.9M$2B
Udaan logo UdaanEnterprise2016$2.1B$2B
DealShare logo DealShareRetail2018$390.3M$2B
Cult.fit logo Cult.fitMedia2016$636.8M$2B
Porter logo PorterLogistics2014$356.9M$1.2B
Livspace logo LivspaceRetail2014$482.5M$1.2B
Moneyview logo MoneyviewFintech2014$188.3M$1.2B
Apna logo ApnaMedia2019$193.5M$1.1B
Krutrim logo KrutrimAI2023$303.7M$1B
Vedantu logo VedantuEducation2011$306.2M$1B
NoBroker logo NoBrokerReal Estate2014$379.9M$1B
Licious logo LiciousLogistics2015$489.5M$1B
Jumbotail logo JumbotailRetail2015$298.6M$1B
Open Financial Technologies logo Open Financial TechnologiesFintech2017$190.8M$1B
Mensa Brands logo Mensa BrandsRetail2021$293.9M$1B
Quikr logo QuikrMarketing2008$424.2M$1B
Perfios Software Solutions logo Perfios Software SolutionsEnterprise2008$441.2M$1B
LeadSquared logo LeadSquaredSaaS2011$187.9M$1B
Hasura logo HasuraCloud2017$136.5M$1B

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