Top Unicorn Startups in South Asia for 2024

In South Asia, we rank 74 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 2024

SB Score:899

Byju's is a top edtech company providing interactive math and science learning programs for students worldwide. Their engaging platform offers a focus on these subjects, making learning fun and effective.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Bangalore)

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National Rank (India)

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SB Score:843

Swiggy, an Indian food delivery platform, brings local restaurant favorites straight to customers' doors with quick and convenient service. Enjoy a wide variety of delicious meals delivered right to your doorstep.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Bangalore)

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SB Score:822

Meesho empowers small businesses and individuals in India to launch online stores through social media, making it easy to sell products and reach a wider audience.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Bangalore)

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National Rank (India)

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Total amount:74

Best Software & Data Startups in South Asia for 2024

South Asia startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data unicorns in South Asia have raised more than USD 2.77B, an amount that is higher than the global industry average.
SB Score:775

Ola Cabs offers ride-hailing services in India and worldwide, providing a range of vehicle choices for convenient urban transport. Get affordable and hassle-free rides with just a few taps on the app.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Bangalore)

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National Rank (India)

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SB Score:771

NoBroker is a hassle-free real estate platform where users can buy, sell, or rent a house without any brokerage fees. Say goodbye to middlemen and enjoy a seamless experience in finding your dream home.

Industry:
Software & Data
Subindustry:
Software

City Rank (Bangalore)

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National Rank (India)

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Global Rank (WorldWide)

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SB Score:769

Vedantu offers an easy way for Institutes and Teachers to create their own Education App on iOS and Android. The app allows for real-time discussion, doubt sharing, assessment, and feedback, both online and offline. With strong encryption and offline test support, teachers can engage students and track progress effectively.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Bangalore)

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National Rank (India)

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Global Rank (WorldWide)

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Total amount:19

Most Valuable Unicorns in South Asia for 2024

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:899

Byju's is a top edtech company providing interactive math and science learning programs for students worldwide. Their engaging platform offers a focus on these subjects, making learning fun and effective.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Bangalore)

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National Rank (India)

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Global Rank (WorldWide)

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SB Score:764

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

Industry:
Social & Leisure
Subindustry:
Travel

City Rank (Gurgaon)

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National Rank (India)

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SB Score:843

Swiggy, an Indian food delivery platform, brings local restaurant favorites straight to customers' doors with quick and convenient service. Enjoy a wide variety of delicious meals delivered right to your doorstep.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Bangalore)

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National Rank (India)

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Global Rank (WorldWide)

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SB Score:680

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

City Rank (Mumbai)

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National Rank (India)

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SB Score:775

Ola Cabs offers ride-hailing services in India and worldwide, providing a range of vehicle choices for convenient urban transport. Get affordable and hassle-free rides with just a few taps on the app.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Bangalore)

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National Rank (India)

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SB Score:802

Razorpay is the ultimate payment solution for businesses in India, offering a seamless experience with services like payment gateway, payroll, and business banking all in one place.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Bangalore)

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National Rank (India)

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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

City Rank (Mumbai)

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National Rank (India)

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8th

Ramp
SB Score:112

RAMP is a cloud-based auto repair shop software that streamlines garage management, reducing administrative tasks and allowing for more focus on vehicle repairs. This smart car service software offers all the necessary features for efficient day-to-day auto service management.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Hyderabad)

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National Rank (India)

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SB Score:730

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

City Rank (Bangalore)

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National Rank (India)

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SB Score:758

ShareChat is an Indian social networking app that enables users to create, share, and discover content in various regional languages. Join now to connect with others in your language and explore a diverse range of content.

Industry:
Software & Data
Subindustry:
Software and Data-Other

City Rank (Bangalore)

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National Rank (India)

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Global Rank (WorldWide)

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Total amount:74

Top Hiring Unicorns in South Asia by Employee Number

The top three hiring unicorns in South Asia have an average employee size that is larger than to the global average. Among these, the Edtech industry features the unicorn with the largest workforce.
SB Score:899

Byju's is a top edtech company providing interactive math and science learning programs for students worldwide. Their engaging platform offers a focus on these subjects, making learning fun and effective.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Bangalore)

0

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National Rank (India)

0

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Global Rank (WorldWide)

0

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SB Score:843

Swiggy, an Indian food delivery platform, brings local restaurant favorites straight to customers' doors with quick and convenient service. Enjoy a wide variety of delicious meals delivered right to your doorstep.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Bangalore)

0

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National Rank (India)

0

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Global Rank (WorldWide)

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SB Score:800

Lenskart is a leading eyewear retailer in India, providing a diverse selection of glasses and contact lenses. Their services include home eye tests and virtual try-on, making it convenient for customers to find their perfect pair of eyewear.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

City Rank (New Delhi)

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National Rank (India)

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Global Rank (WorldWide)

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SB Score:759

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

City Rank (Pune)

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National Rank (India)

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Global Rank (WorldWide)

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Total amount:74

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.
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Global RankCountryTotal Score

Access subscores for 1000 cities and 100 countries

Quantity Score
Quality ScoreBusiness Score
1st
0
United States
215.001
00.00
00.00
00.00
2nd
0
United Kingdom
55.995
00.00
00.00
00.00
3rd
0
Israel
51.557
00.00
00.00
00.00
4th
0
Canada
38.254
00.00
00.00
00.00
5th
+
1
Singapore
37.736
00.00
00.00
00.00
6th
-
1
Sweden
27.024
00.00
00.00
00.00
7th
0
Germany
25.830
00.00
00.00
00.00
8th
0
France
24.894
00.00
00.00
00.00
9th
+
1
The Netherlands
24.462
00.00
00.00
00.00
10th
+
1
Switzerland
24.081
00.00
00.00
00.00
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