Tracxn - Top Business Models - India Tech - Apr 2022

TRACXN TOP BUSINESS MODELS REPORT
April 22, 2022
INDIA TECH

India Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
India Tech Funding Overview 3
Top Funded Business Models 4
One Pagers 9
Appendix 59
2

India Tech - Funding in last 1 year
3
Payments $4.0B
Horizontal E-Commerce $3.6B
K-12 EdTech $3.5B
Test Preparation Tech $2.9B
B2B E-Commerce $2.7B
Alternative Lending $2.4B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
LetsVenture
AngelList
71
69
67
Early
Stage
AngelList
Accel
Sequoia Capital
31
29
28
Late
Stage
Tiger Global Management
Sequoia Capital
Accel
47
30
20
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Flipkart
(2007, Bangalore)
$3.6B - Series J
Paytm
(2009, Noida)
$1.1B - Series H
BYJU'S
(2011, Bangalore)
$965M - Series F
BYJU'S
(2011, Bangalore)
$864M - Series F
VerSe
(2007, Bangalore)
$805M - Series J
Swiggy
(2014, Bangalore)
$700M - Series J
Eruditus
(2010, Mumbai)
$650M - Series E
Pine Labs
(1998, Noida)
$600M - Series E
Meesho
(2015, Bangalore)
$570M - Series F
Ola
(2010, Bangalore)
$500M - Series J
VerSe
(2007, Bangalore)
$450M - Series I
Unacademy
(2015, Bangalore)
$440M - Series H
Bangalore (39%)
Gurgaon (22%)
Noida (10%)
Mumbai (9%)
Delhi (8%)
Others (12%)

Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
India Tech - Top Business Models Report
India Tech - Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲55 B2C Multi Product Marketplaces $3.6B 12 Flipkart | $3.6B | Series J Link
2<> 0 Online Test Preparation Courses $2.7B 9 BYJU'S | $965M | Series F Link
3▲1 Vernacular Content Sharing Platforms $1.8B 6 VerSe | $805M | Series J Link
4▲61 Digital Wallets $1.1B 3 Paytm | $1.1B | Series H Link
5▼2 Hyperlocal Delivery $976M 6 Swiggy | $700M | Series J Link
6▲2 POS Payment Terminals $937M 9 Pine Labs | $600M | Series E Link
7▲25 Internet First Working Capital Loans Marketplaces $747M 5 OfBusiness | $325M | Series G Link
8▲13 E-commerce Delivery Services $725M 9 Delhivery | $277M | Series H Link
9-- Car Ride Hailing $679M 5 Ola | $500M | Series J Link
10▲17 Online Executive Education Courses $650M 1 Eruditus | $650M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5
11▲4 C2B Used Cars Marketplaces $642M 2 CARS24 | $342M | Series F Link
12▲58 Electric Scooter Manufacturers $624M 12 Ola Electric | $200M | Series B Link
13▼4 B2B Horizontal Marketplaces $615M 9 ElasticRun | $330M | Series E Link
14▼7 Social Reselling Platforms $604M 4 Meesho | $570M | Series F Link
15▲329 Online Professional Learning Courses $574M 18 upGrad | $185M | Series E Link
16▼5 Online Marketplace for Drugs $573M 4 PharmEasy | $300M | Series D Link
17-- E-Commerce Rollups $520M 15 Mensa Brands | $135M | Series B Link
18▲38 Cryptocurrency Exchanges $485M 3 CoinSwitch | $260M | Series C Link
19▼6
Internet First Banks for Businesses with Partner
Bank's License
$481M 8 Razorpay | $375M | Series F Link
20▼12 Credit Card Bill Payments $451M 2 CRED | $251M | Series E Link

6
21-- Online Eyewear Retailer $419M 5 Lenskart | $220M | Series G Link
22▲83 Online B2C Meat Retailer $397M 5 Licious | $192M | Series F Link
23▲19 Internet First Credit Cards $392M 6 slice | $220M | Series B Link
24▲28 Online Used Cars Outright Buyers $391M 3 Spinny | $283M | Series E Link
25▼8 Contract Manufacturing Marketplace $390M 5 Zetwerk | $210M | Series F Link
26▲319 Online B2B Horizontal Retailers $370M 4 Moglix | $250M | Series F Link
27▲14 QR Code Payments $370M 1 BharatPe | $370M | Series E Link
28▲114
Internet First Retail Banks with Partner Bank's
License
$319M 20 Niyo | $100M | Series C Link
29▲92 Internet First Insurers $287M 5 Digit Insurance | $200M | Series C Link
30▲535 Banking Software Suite $280M 2 Zeta | $250M | Series C Link

7
31▲802 Two Wheeler Ride Hailing $275M 3 Rapido | $180M | Series D Link
32▲7 Tech Enabled End to End Home Interior Designers $270M 9 LivSpace | $180M | Series F Link
33-- Online Consumer Services Providers $255M 1 Urban Company | $255M | Series F Link
34▼21 Healthcare Booking Platforms $250M 9 MediBuddy | $125M | Series C Link
35▼35 Fantasy Sports Platforms $247M 6 MPL | $150M | Series E Link
36▼2 Conversation AI Platforms $245M 2 Gupshup | $240M | Series F Link
37▲7 Hyperlocal Delivery Services $240M 2 Dunzo | $240M | Series E Link
38▲120 Lending As a Service Platforms $232M 9 CredAvenue | $137M | Series B Link
39▲5 B2B Farm Produce Marketplaces $231M 8 Ninjacart | $145M | Series D Link
40▲25 Ecommerce Fulfillment Software $231M 7 ShipRocket | $185M | Series E Link

8
41▼23 API Development Platforms $225M 3 Postman | $225M | Series D Link
42▼21 Applicant Tracking System $221M 5 Eightfold | $220M | Series E Link
43▼18 Employee Healthcare Benefits Administration $218M 5 Innovaccer | $150M | Series E Link
44▼33 Social Deal Sharing Platforms $210M 2 DealShare | $165M | Series E Link
45▲413 Content Optimization $208M 3 Instoried | $200M | Series B Link
46-- Used Vehicle Marketplaces $200M 1 Droom | $200M | Series G Link
47▼4 Used Cars Listing Platforms $200M 2 CarDekho | $200M | Series E Link
48▼8 Farming as a Service $198M 16 DeHaat | $115M | Series D Link
49▲62 Job Boards $188M 3 Apna | $100M | Series C Link
50▲16 Beauty and Personal Care Products Marketplaces $175M 3 Purplle | $75.0M | Series D Link

Recent Funding Rounds
B2C Multi Product Marketplaces - India
01
9
Back to index
Horizontal E-Commerce (Snapdeal)
(# Cos: 1444 | $14.5B)
Marketplace (Flipkart)
(# Cos: 420 | $14.0B)
Taxonomy
$ Invested in last 1 year in India Tech
Key Stats
# Funding Rounds in last 1 year in India
Tech
$3.6B (▲5633%)
12(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$14.0B
44
-
420
6
Flipkart
(2007, Bangalore, $10.8B)
Snapdeal
(2010, Delhi, $1.8B)
ShopClues
(2011, Gurgaon, $249M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Flipkart (2007, Bangalore)
$3.6B - Series J - Jul 2021
LoveLocal (2015, Mumbai)
$18.0M - Series A - Oct 2021
Snapmint (2015, Mumbai)
$9.0M - Series A - Mar 2022
$2.7M - Series A - Jan 2022
$6.0M - Series A - Nov 2021
Sustainkart (2020, Hyderabad)
$500K - Seed - Jan 2022
OurBetterPlanet (2020, Bangalore)
$300K - Seed - Jul 2021
View all 12 Funding Rounds on Tracxn Platform

Online Test Preparation Courses - India
02
10
Back to index
Taxonomy
Key Stats
Tech
$2.7B (▲66.2%)
9(▼35.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$6.1B
31
-
407
3
Test Preparation Tech (Doubtnut)
(# Cos: 1857 | $6.8B)
Digital Learning (Vedantu)
(# Cos: 1712 | $6.7B)
Diversified (BYJU'S)
(# Cos: 457 | $6.5B)
Self-Paced (Unacademy)
(# Cos: 407 | $6.1B)
Unacademy
(2015, Bangalore, $881M)
BYJU'S
Toppr
(2013, Mumbai, $116M)
BYJU'S (2011, Bangalore)
$965M - Series F - Mar 2022
$864M - Series F - Sep 2021
$340M - Series F - Jun 2021
$50.0M - Series F - Jun 2021
Unacademy (2015, Bangalore)
$440M - Series H - Aug 2021
Entri (2015, Kochi)
$7.0M - Series A - Feb 2022
Vidyakul (2017, Gurgaon)
$4.2M - Seed - Sep 2021

Vernacular Content Sharing Platforms -
India
03
11
Back to index
Taxonomy
Key Stats
Tech
$1.8B (▲64%)
6( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$3.4B
10
-
25
4
Social Platforms (DailyRounds)
(# Cos: 1782 | $3.9B)
Horizontal (Trell)
(# Cos: 716 | $3.7B)
Photo and Video Sharing (VerSe)
(# Cos: 89 | $3.4B)
Vernacular (ShareChat)
(# Cos: 25 | $3.4B)
ShareChat
VerSe
Josh
(2020, Bangalore)
VerSe (2007, Bangalore)
$805M - Series J - Apr 2022
$28.0M - Series I - Jan 2022
$450M - Series I - May 2021
ShareChat (2015, Bangalore)
$60.5M - Series G - Mar 2022
$266M - Series G - Dec 2021
$145M - Series F - Jul 2021

Paytm (2009, Noida)
$1.1B - Series H - Nov 2021
MobiKwik (2009, Gurgaon)
$26.7M - Series E - May 2021
FLYK (2020, Mumbai)
$6.8K - Seed - Sep 2021
Digital Wallets - India
04
12
Back to index
Payments (Razorpay)
(# Cos: 1593 | $15.7B)
Consumer Payments (CRED)
(# Cos: 697 | $10.3B)
Wallets (PhonePe)
(# Cos: 197 | $8.6B)
Taxonomy
Key Stats
Tech
$1.1B (▲1989%)
3(▼70%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$8.6B
29
2
197
2
PhonePe
MobiKwik
(2009, Gurgaon, $256M)
FreeCharge
(2010, Gurgaon, $117M)

Swiggy (2014, Bangalore)
$700M - Series J - Jan 2022
Dunzo (2014, Bangalore)
$240M - Series E - Jan 2022
$265K - Series E - Sep 2021
Borzo (2012, Delhi)
$35.0M - Series C - Aug 2021
Pidge (2019, Gurgaon)
$1.0M - Seed - Oct 2021
Hanchens (2020, Gurgaon)
Undisclosed - Seed - Jan 2022
Hyperlocal Delivery - India
05
13
Back to index
Logistics Tech (ShipRocket)
(# Cos: 2631 | $8.9B)
Parcel (Shadowfax)
(# Cos: 608 | $4.5B)
Hyperlocal Delivery (Swiggy)
(# Cos: 388 | $4.2B)
Taxonomy
Key Stats
Tech
$976M (▼26.5%)
6( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$4.2B
25
-
388
4
Swiggy
Shadowfax
Dunzo

POS Payment Terminals - India
06
14
Back to index
Taxonomy
Key Stats
Tech
$937M (▲171%)
9(▲12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.9B
17
-
73
6
Payments (BharatPe)
(# Cos: 1593 | $15.7B)
Business Payments (Razorpay)
(# Cos: 789 | $4.7B)
POS Payments (Ezetap)
(# Cos: 105 | $1.9B)
POS Payment Terminal (Pine Labs)
(# Cos: 73 | $1.9B)
Pine Labs
(1998, Noida, $1.6B)
Ezetap
(2011, Bangalore, $59.1M)
Payswiff
(2013, Hyderabad, $12.8M)
Pine Labs (1998, Noida)
$50.0M - Series E - Mar 2022
$150M - Series E - Feb 2022
$20.0M - Series E - Jan 2022
$100M - Series E - Sep 2021
$600M - Series E - Jul 2021
Innoviti (2002, Bangalore)
$10.7M - Series D - Jan 2022
Ezetap (2011, Bangalore)
$5.1M - Series C - Jun 2021

Internet First Working Capital Loans
Marketplaces - India
07
15
Back to index
Taxonomy
Key Stats
Tech
$747M (▲578%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$954M
5
-
12
2
Alternative Lending (INDMoney)
(# Cos: 1158 | $6.7B)
Online Lenders (Rupeek)
(# Cos: 815 | $5.6B)
Business Loans (Indifi)
(# Cos: 182 | $2.5B)
Working Capital Loans (Progcap)
(# Cos: 16 | $973M)
Marketplace (OfBusiness)
(# Cos: 12 | $954M)
OfBusiness
(2015, Gurgaon, $892M)
Progcap
(2016, Delhi, $61.1M)
Aagey
(2017, Bangalore, $446K)
OfBusiness (2015, Gurgaon)
Progcap (2016, Delhi)
$30.0M - Series C - Sep 2021
$25.0M - Series B - Jun 2021

E-commerce Delivery Services - India
08
16
Back to index
Taxonomy
Key Stats
Tech
$725M (▲350%)
9(▲12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$2.0B
18
1
44
7
Logistics Tech (Swiggy)
(# Cos: 2631 | $8.9B)
Ecommerce Logistics (ShipRocket)
(# Cos: 228 | $2.6B)
End to End Delivery Services (Pickrr)
(# Cos: 51 | $2.1B)
Own Fleet (Delhivery)
(# Cos: 44 | $2.0B)
Delhivery
(2011, Gurgaon, $1.4B)
Pickrr
(2015, Faridabad, $16.4M)
XpressBees
(2015, Pune, $276M)
Delhivery (2011, Gurgaon)
$98.9M - Series J - Dec 2021
$125M - Series I - Sep 2021
$100M - Series H - Jul 2021
$277M - Series H - May 2021
XpressBees (2015, Pune)
$100M - Series F - Feb 2022
Pickrr (2015, Faridabad)
$12.0M - Series B - Aug 2021
Prozo (2014, Noida)
$10.1M - Series A - Mar 2022

Car Ride Hailing - India
09
17
Back to index
Taxonomy
Key Stats
Tech
$679M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$4.2B
17
-
335
2
Road Transport Tech (redBus)
(# Cos: 2258 | $6.3B)
Ride Hailing (Jugnoo)
(# Cos: 798 | $4.7B)
Cars (Savaari)
(# Cos: 695 | $4.2B)
Taxi (Blu Smart)
(# Cos: 631 | $4.2B)
Intracity (Meru)
(# Cos: 456 | $4.2B)
Aggregator (Ola)
(# Cos: 335 | $4.2B)
Ola
Meru
(2007, Mumbai, $135M)
Blu Smart
(2018, Ahmedabad, $41.8M)
Ola (2010, Bangalore)
$20.0M - Series J - Feb 2022
$20.0M - Series J - Jan 2022
$139M - Series J - Dec 2021
$500M - Series J - Jul 2021
Blu Smart (2018, Ahmedabad)
$26.2M - Series A - Aug 2021

Online Executive Education Courses -
India
10
18
Back to index
Taxonomy
Key Stats
Tech
$650M (▲475%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$814M
1
-
2
1
Continued Learning (Edureka)
(# Cos: 2759 | $1.7B)
Professional (upGrad)
(# Cos: 1988 | $1.6B)
Online Learning (Simplilearn)
(# Cos: 1948 | $1.6B)
Executive Education (Stratex)
(# Cos: 2 | $814M)
Online Courses (Eruditus)
(# Cos: 2 | $814M)
Eruditus
(2010, Mumbai, $814M)
Stratex
Eruditus (2010, Mumbai)
$650M - Series E - Aug 2021

C2B Used Cars Marketplaces - India
11
19
Back to index
Taxonomy
Key Stats
Tech
$642M (▲216%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.0B
3
-
3
1
Auto E-Commerce & Content (GoMechanic)
(# Cos: 1085 | $3.8B)
Second Hand Vehicles (CarDekho)
(# Cos: 182 | $3.0B)
Cars (Spinny)
(# Cos: 120 | $2.6B)
C2B Marketplace (CARS24)
(# Cos: 3 | $1.0B)
CARS24
(2015, Gurgaon, $1.0B)
BlueJack
(2015, Delhi, $2.3M)
Carbiqi
(2015, Ghaziabad)
CARS24 (2015, Gurgaon)

Electric Scooter Manufacturers - India
12
20
Back to index
Taxonomy
Key Stats
Tech
$624M (▲1175%)
12(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.2B
22
1
96
5
Electric Vehicles (KPIT Technologies)
(# Cos: 834 | $2.1B)
Automaker (Hero Electric)
(# Cos: 477 | $1.5B)
Two Wheelers (Ola Electric)
(# Cos: 156 | $1.3B)
Scooters (Ather Energy)
(# Cos: 96 | $1.2B)
Ather Energy
Ola Electric
Hero Electric
(2007, Gurgaon, $71.7M)
Ola Electric (2017, Bangalore)
$200M - Series C - Jan 2022
$139M - Series C - Dec 2021
$200M - Series B - Sep 2021
Hero Electric (2007, Gurgaon)
$29.5M - Series B - Jul 2021
Simple Energy (2019, Bangalore)
$21.0M - Seed - Nov 2021
$9.3M - Seed - Aug 2021
Ather Energy (2013, Bangalore)
$20.3M - Series D - Jan 2022

ElasticRun (2016, Pune)
$330M - Series E - Feb 2022
$75.0M - Series D - Apr 2021
udaan (2016, Bangalore)
$200M - Series D - Jan 2022
Anar Technologies (2019, Mumbai)
$6.2M - Seed - Sep 2021
Bzaar (2020, Bangalore)
$4.0M - Seed - Sep 2021
GramFactory (2018, Gurgaon)
$2.8M - Series A - May 2021
Kirana247.com (2017, Delhi)
$1.0M - Seed - Aug 2021
B2B Horizontal Marketplaces - India
13
21
Back to index
B2B E-Commerce (WayCool)
(# Cos: 1442 | $5.6B)
Horizontal (IndiaMART)
(# Cos: 295 | $2.6B)
Marketplace (udaan)
(# Cos: 149 | $1.9B)
Taxonomy
Key Stats
Tech
$615M (▲114%)
9(▲125%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.9B
29
1
149
2
udaan
IndiaMART
(1996, Noida, $35.3M)
ElasticRun
(2016, Pune, $461M)

Social Reselling Platforms - India
14
22
Back to index
Taxonomy
Key Stats
Tech
$604M (▲98%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.1B
6
-
25
2
Social Commerce (Trell)
(# Cos: 127 | $1.8B)
Reselling Platforms (Shop101)
(# Cos: 29 | $1.2B)
Multi Category (CoutLoot)
(# Cos: 29 | $1.2B)
Diversified (Meesho)
(# Cos: 25 | $1.1B)
Meesho
CoutLoot
(2016, Mumbai, $41.5M)
Shop101
(2015, Mumbai, $20.3M)
Meesho (2015, Bangalore)
CoutLoot (2016, Mumbai)
$8.0M - Series A - Sep 2021
$25.0M - Series A - Jul 2021
BizzTM (2020, Gurgaon)
$1.2M - Seed - Sep 2021

Online Professional Learning Courses -
India
15
23
Back to index
Taxonomy
Key Stats
Tech
$574M (▲ >10K%)
18(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$692M
52
-
696
6
Continued Learning (IndianMoney)
(# Cos: 2759 | $1.7B)
Professional (Edureka)
(# Cos: 1988 | $1.6B)
Online Learning (Eruditus)
(# Cos: 1948 | $1.6B)
Multi Disciplinary (upGrad)
(# Cos: 766 | $703M)
Online Courses (Simplilearn)
(# Cos: 696 | $692M)
Simplilearn
upGrad
(2015, Mumbai, $477M)
Scaler
upGrad (2015, Mumbai)
$29.0M - Series E - Jul 2021
$103M - Series E - May 2021
$120M - Series D - Apr 2021
$40.0M - Series D - Apr 2021
Scaler (2015, Bangalore)
$55.0M - Series B - Jan 2022
Simplilearn (2010, Bangalore)
$36.0M - Series D - Aug 2021

Online Marketplace for Drugs - India
16
24
Back to index
Taxonomy
Key Stats
Tech
$573M (▲110%)
4(▼69.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$1.5B
38
-
608
3
Healthcare Booking Platforms (1mg)
(# Cos: 3596 | $3.7B)
Pharmacies (HealthKart)
(# Cos: 1104 | $1.9B)
Drugs (Netmeds.com)
(# Cos: 633 | $1.6B)
Diversified (PharmEasy)
(# Cos: 608 | $1.5B)
PharmEasy
(2015, Mumbai, $1.1B)
Netmeds.com
(2015, Chennai, $109M)
SastaSundar
(2013, Kolkata, $38.3M)
PharmEasy (2015, Mumbai)
$227M - Series E - Oct 2021
$44.5M - Series D - Jun 2021
$300M - Series D - Jun 2021
Tablt (2018, Kolkata)
$1.5M - Seed - Feb 2022

E-Commerce Rollups - India
17
25
Back to index
Brands Tech (ShipRocket)
(# Cos: 92 | $1.3B)
Tech First Ecommerce Brand Acquirers (Mensa
Brands)
(# Cos: 10 | $523M)
Taxonomy
Key Stats
Tech
$520M ( -- )
15( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$523M
9
-
10
6
Mensa Brands
G.O.A.T Brand Labs
GlobalBees
(2021, Delhi, $187M)
Mensa Brands (2021, Bangalore)
$135M - Series B - Oct 2021
$50.0M - Series A - May 2021
GlobalBees (2021, Delhi)
$112M - Series B - Dec 2021
$75.0M - Series A - Jul 2021
UpScalio (2021, Gurgaon)
$42.5M - Series A - Aug 2021
10club (2020, Bangalore)
$40.0M - Seed - Jun 2021
G.O.A.T Brand Labs (2021, Bangalore)
$20.0M - Series A - May 2021

Cryptocurrency Exchanges - India
18
26
Back to index
Taxonomy
Key Stats
Tech
$485M (▲690%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$559M
9
-
167
4
Cryptocurrencies (Bitbns)
(# Cos: 646 | $621M)
Financial Services (CoinDCX)
(# Cos: 449 | $614M)
Investment Industry (Unocoin)
(# Cos: 343 | $583M)
Crypto Exchanges (CoinSwitch)
(# Cos: 167 | $559M)
CoinSwitch
Unocoin
CoinDCX
(2018, Mumbai, $247M)
CoinSwitch (2017, Bangalore)
$260M - Series C - Oct 2021
CoinDCX (2018, Mumbai)
$90.0M - Series C - Jun 2021

Internet First Banks for Businesses with Partner
Bank's License - India
19
27
Back to index
Taxonomy
Key Stats
Tech
$481M (▲85%)
8(▲167%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$891M
6
-
18
3
Banking Tech (Zeta)
(# Cos: 629 | $3.0B)
Internet First Banks (Open)
(# Cos: 69 | $1.4B)
Through Bank Partnerships (Niyo)
(# Cos: 61 | $1.4B)
Business Banking (Razorpay)
(# Cos: 18 | $891M)
Razorpay
Open
Chqbook
(2017, Gurgaon, $11.9M)
Razorpay (2014, Bangalore)
$375M - Series F - Dec 2021
Open (2017, Bangalore)
$100M - Series C - Sep 2021
$339K - Series B - May 2021
Chqbook (2017, Gurgaon)
$5.4M - Series A - Sep 2021
mewt (2021, Bangalore)
$590K - Seed - Sep 2021
Nemo (2019, Hyderabad)
Undisclosed - Seed - Feb 2022
$97.0K - Seed - May 2021

Credit Card Bill Payments - India
20
28
Back to index
Taxonomy
Key Stats
Tech
$451M (▲52.3%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$903M
3
-
4
1
Payments (Razorpay)
(# Cos: 1593 | $15.7B)
Consumer Payments (PhonePe)
(# Cos: 697 | $10.3B)
Vertical Payments (Niki)
(# Cos: 416 | $932M)
Bill Payments (Paymatrix)
(# Cos: 379 | $923M)
Credit Cards (CRED)
(# Cos: 4 | $903M)
CRED
Walnut
(2014, Pune, $9.4M)
Wizi
(2019, Chennai)
CRED (2018, Bangalore)
$200M - Series E - Apr 2022

Online Eyewear Retailer - India
21
29
Back to index
Taxonomy
Key Stats
Tech
$419M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$920M
3
-
36
1
Fashion Tech (Zivame)
(# Cos: 4238 | $2.8B)
B2C Commerce (Myntra)
(# Cos: 3882 | $2.7B)
Accessories (BlueStone)
(# Cos: 918 | $1.3B)
Eyewear (ClearDekho)
(# Cos: 61 | $937M)
Inventory-led (EyeMyEye)
(# Cos: 36 | $920M)
Retailer (Lenskart)
(# Cos: 36 | $920M)
Lenskart
(2010, Delhi, $915M)
EyeMyEye
(2021, Gurgaon, $4.4M)
Cool Winks
(2016, Gurgaon)
Lenskart (2010, Delhi)
$100M - Series I - Apr 2022
$220M - Series G - Jul 2021
$95.0M - Series G - May 2021
EyeMyEye (2021, Gurgaon)
$2.9M - Seed - Nov 2021
$1.5M - Seed - Jun 2021

Online B2C Meat Retailer - India
22
30
Back to index
Taxonomy
Key Stats
Tech
$397M (▲1540%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$532M
11
-
124
4
Online Grocery (Milkbasket)
(# Cos: 3101 | $8.2B)
B2C Ecommerce (Swiggy)
(# Cos: 2766 | $7.1B)
Meat and Seafood (FreshToHome Foods)
(# Cos: 154 | $685M)
Retailer (TenderCuts)
(# Cos: 142 | $532M)
Meat (Licious)
(# Cos: 124 | $532M)
Licious
TenderCuts
(2016, Chennai, $19.5M)
Fipola
(2016, Chennai, $12.8M)
Licious (2015, Bangalore)
$150M - Series F - Mar 2022
Undisclosed - Series F - Feb 2022
$52.0M - Series F - Oct 2021
$192M - Series F - Jun 2021
Fipola (2016, Chennai)
$3.0M - Angel - Mar 2022

Internet First Credit Cards - India
23
31
Back to index
Taxonomy
Key Stats
Tech
$392M (▲348%)
6(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$496M
7
-
15
3
Payments (Razorpay)
(# Cos: 1593 | $15.7B)
Consumer Payments (PhonePe)
(# Cos: 697 | $10.3B)
Payment Cards (FamPay)
(# Cos: 75 | $677M)
Credit Cards (Uni Cards)
(# Cos: 28 | $561M)
General Purpose (slice)
(# Cos: 15 | $496M)
slice
Uni Cards
OneCard
(2019, Pune, $126M)
slice (2016, Bangalore)
$220M - Series B - Nov 2021
$6.3M - Series A - Aug 2021
$20.0M - Series A - Jun 2021
OneCard (2019, Pune)
$76.0M - Series C - Dec 2021
Uni Cards (2020, Bangalore)
$70.0M - Series A - Dec 2021
PayCrunch (2019, Bangalore)
$125K - Seed - Feb 2022

Online Used Cars Outright Buyers - India
24
32
Back to index
Taxonomy
Key Stats
Tech
$391M (▲501%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$530M
1
-
6
1
(# Cos: 1085 | $3.8B)
Second Hand Vehicles (CARS24)
(# Cos: 182 | $3.0B)
Cars (CarDekho)
(# Cos: 120 | $2.6B)
Outright Buyer (Spinny)
(# Cos: 6 | $530M)
Spinny
(2015, Gurgaon, $530M)
Gaadi.com
(2008, Jaipur)
Driveo
(2015, Delhi)
Spinny (2015, Gurgaon)
Undisclosed - Angel - Dec 2021
$283M - Series E - Dec 2021
$108M - Series D - Jul 2021

Contract Manufacturing Marketplace -
India
25
33
Back to index
Manufacturing Tech (Moglix)
(# Cos: 401 | $1.2B)
Contract Manufacturer Marketplace (Bijnis)
(# Cos: 19 | $625M)
Taxonomy
Key Stats
Tech
$390M (▲138%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$625M
5
-
19
4
Bijnis
(2014, Delhi, $43.5M)
Zetwerk
Fashinza
(2020, Gurgaon, $25.3M)
Zetwerk (2018, Bangalore)
$210M - Series F - Dec 2021
Bijnis (2014, Delhi)
$30.0M - Series B - Sep 2021
Fashinza (2020, Gurgaon)
$20.0M - Series A - Aug 2021
Schrocken (2018, Hyderabad)
Undisclosed - Series A - Jan 2022

Moglix (2015, Noida)
$250M - Series F - Jan 2022
$120M - Series E - May 2021
Tradyl (2021, Bangalore)
Bluerickshaw (1957, Delhi)
$300K - Angel - Dec 2021
Online B2B Horizontal Retailers - India
26
34
Back to index
B2B E-Commerce (WayCool)
(# Cos: 1442 | $5.6B)
Horizontal (udaan)
(# Cos: 295 | $2.6B)
E-Distributor (Moglix)
(# Cos: 41 | $612M)
Taxonomy
Key Stats
Tech
$370M (▲ >10K%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$612M
6
1
41
2
Moglix
(2015, Noida, $471M)
LockTheDeal
(2016, Gurgaon, $12.8M)
Just Buy Live
(2015, Mumbai, $126M)

BharatPe (2018, Bangalore)
QR Code Payments - India
27
35
Back to index
Payments (Pine Labs)
(# Cos: 1593 | $15.7B)
Business Payments (Razorpay)
(# Cos: 789 | $4.7B)
QR Code Payments (BharatPe)
(# Cos: 9 | $618M)
Taxonomy
Key Stats
Tech
$370M (▲311%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$618M
3
-
9
1
BharatPe
Trupay
(2015, Gurgaon, $1.0M)
Zithara
(2020, Hyderabad)

Internet First Retail Banks with Partner Bank's
License - India
28
36
Back to index
Taxonomy
Key Stats
Tech
$319M (▲2187%)
20(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$513M
25
-
37
7
Banking Tech (Zeta)
(# Cos: 629 | $3.0B)
Internet First Banks (Open)
(# Cos: 69 | $1.4B)
Through Bank Partnerships (Razorpay)
(# Cos: 61 | $1.4B)
Retail Banking (Niyo)
(# Cos: 37 | $513M)
Niyo
Zolve
Avail Finance
Niyo (2015, Bangalore)
$100M - Series C - Feb 2022
Jupiter (2019, Mumbai)
$87.0M - Series C - Dec 2021
$50.9M - Series B - Jun 2021
Fi (2019, Bangalore)
$50.0M - Series B - Oct 2021
$12.0M - Series A - Jun 2021
Zolve (2020, Bangalore)
$40.0M - Series A - Oct 2021
Onebanc (2019, Gurgaon)
$5.8M - Series B - Aug 2021

Digit Insurance (2016, Bangalore)
$70.0M - Series D - Jan 2022
$16.3M - Series C - Aug 2021
$200M - Series C - Jul 2021
SafeTree (2020, Delhi)
$1.0M - Angel - Sep 2021
Toffee (2017, Gurgaon)
$950K - Series A - Nov 2021
Internet First Insurers - India
29
37
Back to index
Internet First Insurance Platforms (Policybazaar)
(# Cos: 234 | $2.6B)
Internet First Insurers (Acko)
(# Cos: 40 | $1.1B)
Diversified (Digit Insurance)
(# Cos: 8 | $492M)
Taxonomy
Key Stats
Tech
$287M (▲1453%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$492M
4
-
8
2
Digit Insurance
Zopper
(2011, Noida, $40.6M)
Toffee
(2017, Gurgaon, $8.1M)

Banking Software Suite - India
30
38
Back to index
Banking Tech (Razorpay)
(# Cos: 629 | $3.0B)
Banking Software Suite (Zeta)
(# Cos: 88 | $376M)
Taxonomy
Key Stats
Tech
$280M (▲ >10K%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$376M
11
6
88
1
Zeta
InfrasoftTech
(1995, Mumbai, $24.7M)
Nucleus Software
(1986, Noida)
Zeta (2015, Bangalore)
$30.0M - Series C - Mar 2022
$250M - Series C - May 2021

Rapido (2015, Bangalore)
$52.0M - Series C - Aug 2021
$43.4M - Series C - Apr 2021
Two Wheeler Ride Hailing - India
31
39
Back to index
Road Transport Tech (redBus)
(# Cos: 2258 | $6.3B)
Ride Hailing (Ola)
(# Cos: 798 | $4.7B)
Motorized Two-Wheelers (Rapido)
(# Cos: 46 | $359M)
Taxonomy
Key Stats
Tech
$275M (▲ >10K%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$359M
7
-
46
1
Rapido
Bikxie
(2015, Gurgaon, $619K)
DOT
(2015, Gurgaon, $253K)

Tech Enabled End to End Home Interior
Designers - India
32
40
Back to index
Taxonomy
Key Stats
Tech
$270M (▲189%)
9(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$708M
7
-
31
4
Property Management Tech (MyGate)
(# Cos: 606 | $835M)
Home Improvement Services (Houzz India)
(# Cos: 163 | $721M)
Interior Design (HomeLane)
(# Cos: 103 | $715M)
Inhouse (LivSpace)
(# Cos: 31 | $708M)
LivSpace
HomeLane
Design Cafe
LivSpace (2014, Bangalore)
$180M - Series F - Feb 2022
$35.6M - Series F - Oct 2021
HomeLane (2014, Bangalore)
$50.4M - Series E - Sep 2021
$7.1M - Series D - May 2021
Design Cafe (2015, Bangalore)
$25.0M - Series B - Jun 2021
Arrivae (2017, Mumbai)
$10.0M - Series B - Feb 2022
$6.6M - Angel - Oct 2021

Urban Company (2014, Gurgaon)
$255M - Series F - Apr 2021
Online Consumer Services Providers -
India
33
41
Back to index
Local Services (GoMechanic)
(# Cos: 4336 | $2.3B)
Multi Services (Sulekha)
(# Cos: 1209 | $738M)
Own Fleet (Urban Company)
(# Cos: 50 | $502M)
Taxonomy
Key Stats
Tech
$255M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$502M
6
-
50
2
Urban Company
(2014, Gurgaon, $470M)
Housejoy
Sayfix
(2015, Bangalore, $160K)

Healthcare Booking Platforms - India
34
42
Back to index
Healthcare Booking Platforms (PharmEasy)
(# Cos: 3596 | $3.7B)
Diversified (1mg)
(# Cos: 404 | $1.2B)
Taxonomy
Key Stats
Tech
$250M (▲23.1%)
9(▼35.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.2B
42
1
404
9
1mg
(2015, Gurgaon, $141M)
MediBuddy
Mfine
MediBuddy (2013, Bangalore)
Tata Digital Health (2017, Bangalore)
$67.1M - Series A - Jul 2021
Mfine (2017, Bangalore)
$48.0M - Series C - Jul 2021
Meddo (2018, Gurgaon)
$6.0M - Seed - Jun 2021
ZenOnco (2019, Bangalore)
$1.4M - Seed - Oct 2021
ShopDoc (1997, Kochi)
$1.4M - Seed - Oct 2021
Medpho (2021, Dehradun)
$1.0M - Seed - Sep 2021

Fantasy Sports Platforms - India
35
43
Back to index
Taxonomy
Key Stats
Tech
$247M (▼69.9%)
6(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.3B
18
-
98
6
Sports Tech (Sportskeeda (Absolute Sports))
(# Cos: 1141 | $1.5B)
Fantasy Sports (Games24x7)
(# Cos: 357 | $1.4B)
Online Platforms (MPL)
(# Cos: 317 | $1.4B)
Multi Sports (Dream11)
(# Cos: 98 | $1.3B)
Dream11
(2008, Mumbai, $785M)
MPL
Games24x7
(2006, Mumbai, $107M)
MPL (2018, Bangalore)
$150M - Series E - Sep 2021
Games24x7 (2006, Mumbai)
$75.0M - Series C - Mar 2022
$18.1M - Series B - Jun 2021
Fantasy Akhada (2020, Gurgaon)
$2.4M - Seed - Sep 2021
HalaPlay (2016, Bangalore)
$1.2M - Angel - May 2021
Paytm First Games (2018, Noida)
Undisclosed - Series C - Jun 2021

Gupshup (2004, Mumbai)
$240M - Series F - Jul 2021
E42 (2012, Pune)
$5.4M - Series A - Oct 2021
Conversation AI Platforms - India
36
44
Back to index
AI Infrastructure (HyperVerge)
(# Cos: 174 | $458M)
Natural Language Processing (Niki)
(# Cos: 44 | $422M)
Conversational AI (Gupshup)
(# Cos: 22 | $419M)
Taxonomy
Key Stats
Tech
$245M (▲142%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$419M
6
-
22
3
Gupshup
(2004, Mumbai, $390M)
Niki
Haptik
(2013, Mumbai, $12.2M)

Hyperlocal Delivery Services - India
37
45
Back to index
Local Services (Urban Company)
(# Cos: 4336 | $2.3B)
Concierge (Dunzo)
(# Cos: 55 | $402M)
Taxonomy
Key Stats
Tech
$240M (▲218%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$402M
6
-
55
1
Dunzo
DoneThing
(2015, Gurgaon, $536K)
HelloGenie
(2015, Chennai, $273K)
Dunzo (2014, Bangalore)
$265K - Series E - Sep 2021

CredAvenue (2017, Chennai)
$137M - Series B - Mar 2022
$90.0M - Series A - Sep 2021
Rupifi (2019, Delhi)
$25.0M - Series A - Jan 2022
$1.0M - Seed - Oct 2021
Skeps (2005, Gurgaon)
Niro (2021, Bangalore)
$3.5M - Seed - Sep 2021
Falcon (2013, Raipur)
$1.9M - Seed - Nov 2021
Lending As a Service Platforms - India
38
46
Back to index
Alternative Lending (Rupeek)
(# Cos: 1158 | $6.7B)
Enablers (CreditVidya)
(# Cos: 52 | $486M)
Lending-as-a-service (CredAvenue)
(# Cos: 34 | $295M)
Taxonomy
Key Stats
Tech
$232M (▲2080%)
9(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$295M
14
1
34
6
CredAvenue
(2017, Chennai, $227M)
Rupifi
(2019, Delhi, $30.1M)
YAP
(2014, Chennai, $15.9M)

B2B Farm Produce Marketplaces - India
39
47
Back to index
Taxonomy
Key Stats
Tech
$231M (▲208%)
8( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$506M
19
-
84
6
B2B E-Commerce (udaan)
(# Cos: 1442 | $5.6B)
Food & Beverages (Jumbotail)
(# Cos: 191 | $995M)
Groceries (ShopKirana)
(# Cos: 181 | $993M)
Farm Products (WayCool)
(# Cos: 146 | $761M)
Marketplace (Ninjacart)
(# Cos: 84 | $506M)
Ninjacart
Arya
(1982, Noida, $78.4M)
Bijak
(2019, Gurgaon, $34.1M)
Ninjacart (2015, Bangalore)
$145M - Series D - Dec 2021
$9.5M - Series C - May 2021
Arya (1982, Noida)
$46.8M - Series C - Sep 2021
Bijak (2019, Gurgaon)
$19.3M - Series B - Jan 2022
AGRIM (2020, Gurgaon)
$10.0M - Series A - Nov 2021
Qwipo (2016, Hyderabad)
$603K - Seed - May 2021
Poshn (2020)
$158K - Seed - Oct 2021

ShipRocket (2012, Delhi)
$185M - Series E - Nov 2021
$41.3M - Series D - Jul 2021
Shipway (2015, Gurgaon)
$2.4M - Seed - Apr 2021
Dropshop Network (2019, Bangalore)
$1.3M - Seed - Apr 2021
Shyplite (2015, Delhi)
$1.0M - Seed - Jun 2021
eShipz (2019, Bangalore)
$700K - Seed - Sep 2021
Unicommerce (2012, Gurgaon)
Undisclosed - Series C - Dec 2021
Ecommerce Fulfillment Software - India
40
48
Back to index
Logistics Tech (Swiggy)
(# Cos: 2631 | $8.9B)
Ecommerce Logistics (Delhivery)
(# Cos: 228 | $2.6B)
Fulfillment Enablers (ShipRocket)
(# Cos: 94 | $337M)
Taxonomy
Key Stats
Tech
$231M (▲368%)
7(▼30%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$337M
13
-
94
2
ShipRocket
(2012, Delhi, $287M)
Unicommerce
(2012, Gurgaon, $16.9M)
Holisol Logistics
(2009, Delhi, $22.4M)

Postman (2014, Bangalore)
$225M - Series D - Aug 2021
Hasura (2018, Bangalore)
Hoppscotch (2019)
Undisclosed - Seed - Dec 2021
API Development Platforms - India
41
49
Back to index
API Management (Canonic)
(# Cos: 66 | $571M)
API Tools (Hasura)
(# Cos: 50 | $571M)
Development (Postman)
(# Cos: 17 | $571M)
Taxonomy
Key Stats
Tech
$225M (▲50%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$571M
4
-
17
2
Postman
Hasura
Canonic
(2020, Delhi)

Eightfold (2016, Noida)
$220M - Series E - Jun 2021
ZappyHire (2018, Kochi)
$494K - Seed - Nov 2021
Reculta (2017, Noida)
$98.8K - Seed - Jul 2021
TurboHire (2019, Hyderabad)
Undisclosed - Angel - Nov 2021
Hyreo (2013, Thiruvananthapuram)
Undisclosed - Seed - Jul 2021
Applicant Tracking System - India
42
50
Back to index
HRTech (TeamLease)
(# Cos: 4833 | $2.0B)
Applicant Tracking System (Talview)
(# Cos: 555 | $559M)
Suite (Eightfold)
(# Cos: 229 | $433M)
Taxonomy
Key Stats
Tech
$221M (▲74.2%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$433M
25
-
229
3
Eightfold
(2016, Noida, $410M)
Superset
Zwayam

Innovaccer (2014, Noida)
$150M - Series E - Dec 2021
Loop Health (2018, Pune)
$25.0M - Series B - Apr 2022
$12.0M - Series A - Sep 2021
OnSurity (2020, Bangalore)
$16.0M - Series A - Jul 2021
EKincare (2014, Hyderabad)
$15.0M - Series B - Mar 2022
Employee Healthcare Benefits
Administration - India
43
51
Back to index
Employee Health IT (cult.fit)
(# Cos: 150 | $1.3B)
Healthcare Benefits Administration (Plum)
(# Cos: 22 | $531M)
Benefits Management (Innovaccer)
(# Cos: 15 | $494M)
Taxonomy
Key Stats
Tech
$218M (▲96.9%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$494M
8
-
15
4
Innovaccer
(2014, Noida, $378M)
OnSurity
EKincare

Social Deal Sharing Platforms - India
44
52
Back to index
Social Commerce (Meesho)
(# Cos: 127 | $1.8B)
Social Deal Sharing (DealShare)
(# Cos: 1 | $393M)
Taxonomy
Key Stats
Tech
$210M (▲27.3%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$393M
1
-
1
1
DealShare
(2018, Jaipur, $393M)
DealShare (2018, Jaipur)
$45.0M - Series E - Feb 2022

Instoried (2017, Bangalore)
$200M - Series B - Apr 2022
$8.0M - Series A - Oct 2021
$142K - Seed - Jul 2021
Content Optimization - India
45
53
Back to index
MarketingTech (Freshworks)
(# Cos: 2701 | $1.2B)
Content Marketing (Vidooly)
(# Cos: 238 | $223M)
Content Optimization (Reverie Language
Technologies)
(# Cos: 7 | $215M)
Taxonomy
Key Stats
Tech
$208M (▲ >10K%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$215M
3
-
7
1
Reverie Language Techn..
Instoried
Megdap
(2015, Pune, $162K)

Used Vehicle Marketplaces - India
46
54
Back to index
Taxonomy
Key Stats
Tech
$200M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$342M
2
-
10
1
(# Cos: 1085 | $3.8B)
Second Hand Vehicles (Spinny)
(# Cos: 182 | $3.0B)
Multi Category (Carandbike)
(# Cos: 31 | $344M)
Marketplace (Droom)
(# Cos: 10 | $342M)
Droom
(2014, Gurgaon, $342M)
WagonBee
(2016, Noida)
eDiig
(2010, Chennai)
Droom (2014, Gurgaon)
$200M - Series G - Jul 2021

Used Cars Listing Platforms - India
47
55
Back to index
Taxonomy
Key Stats
Tech
$200M (▲171%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$952M
7
-
73
2
(# Cos: 1085 | $3.8B)
Second Hand Vehicles (CARS24)
(# Cos: 182 | $3.0B)
Cars (Spinny)
(# Cos: 120 | $2.6B)
Listings (CarDekho)
(# Cos: 73 | $952M)
CarDekho
(2008, Jaipur, $570M)
CarTrade
(2009, Mumbai, $328M)
CarWale
(2005, Mumbai, $9.9M)
CarDekho (2008, Jaipur)
Motozite (2021, Gurgaon)
Undisclosed - Seed - Dec 2021

DeHaat (2019, Patna)
$115M - Series D - Oct 2021
Arya (1982, Noida)
$46.8M - Series C - Sep 2021
Vegrow (2020, Hyderabad)
$13.0M - Series A - Jul 2021
Unnati (2017, Noida)
$8.1M - Series A - Nov 2021
Our Food (2016, Hyderabad)
$6.0M - Series A - Jan 2022
Aqgromalin (2020, Hyderabad)
$5.9M - Seed - Jun 2021
Farmstock Technologies (2019, Delhi)
$3.7M - Seed - Jan 2022
Farming as a Service - India
48
56
Back to index
Crop Tech (WayCool)
(# Cos: 1697 | $2.1B)
Farming as a Service (Arya)
(# Cos: 125 | $385M)
Tech Enabled Services (DeHaat)
(# Cos: 95 | $380M)
Taxonomy
Key Stats
Tech
$198M (▲162%)
16(▼5.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$380M
32
-
95
9
DeHaat
(2019, Patna, $162M)
Arya
(1982, Noida, $78.4M)
Unnati
(2017, Noida, $10.3M)

Job Boards - India
49
57
Back to index
Taxonomy
Key Stats
Tech
$188M (▲816%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$234M
22
1
1000
1
HRTech (DarwinBox)
(# Cos: 4833 | $2.0B)
Job Board (TeamLease)
(# Cos: 1804 | $304M)
Industry Specific (Waahjobs)
(# Cos: 1345 | $237M)
Multi Industry (Apna)
(# Cos: 1000 | $234M)
Apna
Waahjobs
Monster
Apna (2019, Bangalore)
$100M - Series C - Sep 2021
$70.0M - Series B - Jun 2021
Monster (2001, Hyderabad)
$18.2M - Series A - Dec 2021

Beauty and Personal Care Products
Marketplaces - India
50
58
Back to index
Taxonomy
Key Stats
Tech
$175M (▲280%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$276M
1
-
7
1
Beauty Tech (Zenoti)
(# Cos: 1010 | $1.6B)
Ecommerce (Mamaearth)
(# Cos: 606 | $1.3B)
Multi Category (Myntra)
(# Cos: 297 | $1.1B)
Full Range (Nykaa)
(# Cos: 146 | $592M)
Marketplace (Purplle)
(# Cos: 7 | $276M)
Purplle
(2011, Mumbai, $276M)
YincMall
(2016, Bangalore)
Cosmetic Bazaar
(2016, Sonipat)
Purplle (2011, Mumbai)
$34.7M - Series D - Jan 2022
$65.0M - Series D - Nov 2021
$75.0M - Series D - Oct 2021

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