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Top Unicorn Startups in South Asia for 2026

In South Asia, we rank 68 unicorn startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in South Asia are falling behind the performance of their global counterparts.

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Top Unicorn Startups in South Asia for 2026

SB Score:799

Meesho operates as an online reselling platform that enables anyone to start a business without investment. Meesho connects manufacturers, wholesalers, and suppliers with resellers who use social media platforms like WhatsApp and Facebook to sell products to their network of friends and family. The company was founded in 2015 by Vidit Aatrey and Sanjeev Barnwa and is headquartered in Bangalore, Karnataka.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

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SB Score:785

Swiggy is an on-demand food delivery platform that brings food from neighborhood restaurants directly to customers' doors. The company's food delivery platform lists local restaurants and menu lists on an app for users to order from and track the delivery of its delivery executives, enabling users to order food with speed and convenience. Its service is used to pick up and drop off a diverse array of items, including laundry and document or parcel deliveries to business clients and retail customers.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:778

Groww simplifies investing with technology and expert financial advice. Easily grow your money with our user-friendly platform.

Industry:
Fintech
Subindustry:
Financial Services

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Total amount:68

SB Score:799

Meesho operates as an online reselling platform that enables anyone to start a business without investment. Meesho connects manufacturers, wholesalers, and suppliers with resellers who use social media platforms like WhatsApp and Facebook to sell products to their network of friends and family. The company was founded in 2015 by Vidit Aatrey and Sanjeev Barnwa and is headquartered in Bangalore, Karnataka.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

National Rank (India)

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SB Score:785

Swiggy is an on-demand food delivery platform that brings food from neighborhood restaurants directly to customers' doors. The company's food delivery platform lists local restaurants and menu lists on an app for users to order from and track the delivery of its delivery executives, enabling users to order food with speed and convenience. Its service is used to pick up and drop off a diverse array of items, including laundry and document or parcel deliveries to business clients and retail customers.

Industry:
Software & Data
Subindustry:
Apps

National Rank (India)

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SB Score:778

Groww simplifies investing with technology and expert financial advice. Easily grow your money with our user-friendly platform.

Industry:
Fintech
Subindustry:
Financial Services

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Total amount:68

Most Valuable Unicorns in South Asia for 2026

The top three most valuable unicorns in South Asia have raised total funding of more than USD 16.2B. Among the top three funded unicorns, the most popular industry, based on total funding, is Software & Data.
SB Score:739

OYO Rooms revolutionizes budget hospitality by offering affordable accommodations, simplifying the fragmented industry.

Industry:
Social & Leisure
Subindustry:
Travel

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SB Score:785

Swiggy is an on-demand food delivery platform that brings food from neighborhood restaurants directly to customers' doors. The company's food delivery platform lists local restaurants and menu lists on an app for users to order from and track the delivery of its delivery executives, enabling users to order food with speed and convenience. Its service is used to pick up and drop off a diverse array of items, including laundry and document or parcel deliveries to business clients and retail customers.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:265

Dream 11 is an Indian fantasy sports platform where users can participate in fantasy cricket, kabaddi, and other leagues. Play and strategize with friends to win exciting prizes.

Industry:
Software & Data
Subindustry:
Software

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SB Score:761

Razorpay is a platform that enables businesses to accept, process, and disburse payments with its product suite. It gives access to all payment modes including credit card, debit card, net banking, UPI and popular wallets including JioMoney, Mobikwik, Airtel Money, FreeCharge, Ola Money, and PayZapp. The company was founded in 2014 and is headquartered in Bangalore, Karnataka.

Industry:
Fintech
Subindustry:
Financial Services

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5th

Ola
SB Score:699

Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.

Industry:
Software & Data
Subindustry:
Apps

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The National Stock Exchange of India is a top stock exchange globally, known for its high daily turnover and trade volume in equities and derivatives. It is a leading platform for trading, offering a range of investment opportunities for investors.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:667

Ola Electric paves the way for sustainable mobility, driving the world towards a greener future. Revolutionizing transportation with cutting-edge technology, they are accelerating the transition to eco-friendly solutions. Join them on the journey to a more sustainable tomorrow.

Industry:
Transportation
Subindustry:
Automotive

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SB Score:564

OFB Tech (OfBusiness) is a tech-enabled platform that facilitates raw material procurement and credit for SMEs with a focus on the manufacturing and infrastructure sectors. It integrates technology to SME's buying behavior to make available better products, at better prices, in better timelines to customers with comprehensive online and offline support. Key raw materials include metals, chemicals, polymers, Agri commodities, petrochemicals, and building materials. OfBusiness provides SMEs access to cash flow-based financing for buying raw materials through its NBFC 'Oxyzo Financial Services'. The Company also offers a host of tech services for SMEs including BidAssist for new growth opportunities.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:727

Zepto provides a groundbreaking 10-minute grocery delivery service through its user-friendly e-grocery app. With a selection of over 2,500 products, it transforms the grocery shopping experience by ensuring customers receive their essentials promptly and efficiently.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:636

Pine Labs offers a merchant platform that includes technology and financial solutions for merchants. These solutions are aimed at helping merchants in increasing their revenue and reduce cost, complexity, and risk. The company connects financial institutions and consumer brands to enable merchants to deliver value to their retail customers. It powers offline and online last-mile retail transactions, provides customer insights for targeted sales, and offers financial solutions. The company’s cloud-based platform powers 3,50,000+ POS terminals across 3700 cities and towns in India and Malaysia. Over 1,00,000 merchants across sectors - electronics, food and beverage, fashion, airlines, and more, use Pine Labs’ solutions. 15 major banks, 7 financial institutions, and 100+ brands are part of Pine Labs’ platform.

Industry:
Fintech
Subindustry:
Financial Services

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Total amount:68

Top Hiring Unicorns in South Asia by Employee Number

The top three hiring unicorns in South Asia have an average employee size that is smaller than to the global average. Among these, the Edtech industry features the unicorn with the largest workforce.
SB Score:757

Lenskart, the first of its kind online optical store in India, has made it possible to acquire a good quality pair of specs with prescription lenses for just Rs. 399. With a 48-hour free home delivery guarantee and 365 days return policy, Lenskart.com is doing what e-commerce hasn’t been able to do in India yet. The website has over 500 designs of eye frames, in multiple colors, for all age groups, from Rs. 399 all the way to Rs. 4,000 for a pair. All one needs to do is select a frame, fill in their power, and place an order. You can pay online or at the time of delivery. Lenskart.com has the biggest collection of discounted contact lenses consisting of all top-notch brands (viz. Johnson & Johnson, Bausch & Lomb, Ciba Vision to name a few) and be it disposable, toric, colored, or bifocal contact lenses, you can find all possible types here. Lenskart is dedicated to providing its customers with a simple, hassle-free way to replace their contact lenses. One can receive the exact same contact lens, their doctor prescribed, delivered to their door, at a great price.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

National Rank (India)

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SB Score:739

OYO Rooms revolutionizes budget hospitality by offering affordable accommodations, simplifying the fragmented industry.

Industry:
Social & Leisure
Subindustry:
Travel

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SB Score:708

Xpressbees is a leading Indian logistics company that specializes in fast and reliable delivery services for e-commerce and various industries. With a strong focus on customer satisfaction, they ensure efficient and secure delivery options for businesses and individuals across the country.

Industry:
Transportation
Subindustry:
Logistics

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Total amount:68

Best Countries for Startups

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Global RankCountryTotal ScoreAnnual Growth

Access subscores for 1000 cities and 100 countries

Quantity Score
Quality ScoreBusiness Score
1st
0
United States
314.096
0.0%
00.00
00.00
00.00
2nd
0
United Kingdom
80.114
0.0%
00.00
00.00
00.00
3rd
0
Israel
71.462
0.0%
00.00
00.00
00.00
4th
0
Singapore
68.043
0.0%
00.00
00.00
00.00
5th
0
Canada
49.534
0.0%
00.00
00.00
00.00
6th
0
Sweden
40.781
0.0%
00.00
00.00
00.00
7th
0
Germany
37.644
0.0%
00.00
00.00
00.00
8th
+
1
Switzerland
36.108
0.0%
00.00
00.00
00.00
9th
+
3
Australia
35.438
0.0%
00.00
00.00
00.00
10th
0
The Netherlands
34.514
0.0%
00.00
00.00
00.00
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