List of Indian Startups in 2023 with their Valuation

Introduction

• Indian startups are booming, and their valuations are rising.
• In 2022, Indian startups raised a record $62 billion in funding, up from $34 billion in 2021.
• This funding has helped to fuel the growth of many Indian startups, which are now valued at billions of dollars.

Factors Contributing to the Rise in Indian Startup Valuation

• Several factors have contributed to the rise in Indian startup valuation.
• One factor is the growing size and strength of the Indian economy.
• The Indian economy is the world’s sixth-largest economy, and it is expected to grow at a rate of 7.5% in 2023.
• This growth is creating new opportunities for startups, and it is also attracting foreign investment.
• Another factor contributing to the rise in Indian startup valuation is the increasing availability of venture capital funding.
• In recent years, there has been a surge in venture capital investment in India.
• This investment has helped to fuel the growth of many Indian startups, and it has also helped to increase their valuations.

The Rise in Indian Startup Valuation is a Positive Development

• The rise in Indian startup valuation is a positive development for the Indian economy.
• It is helping to create new jobs, driving innovation, and attracting foreign investment.
• The Indian startup ecosystem is poised for continued growth in the future.

Factors that Contribute to the Valuation of an Indian Startup

• The valuation of an Indian startup can be a complex process, and consulting with an experienced investment banker or valuation expert is essential.
• However, some of the factors that contribute to the valuation of an Indian startup include:

Market Size and Growth Potential

• The size and growth potential of the market that the startup is targeting.
• For example, a startup targeting a large and growing market will likely be valued higher than one targeting a small and stagnant demand.

Strength of the Team and Management

• The strength of the startup’s team and management.
• A startup with a strong team and management will likely be valued higher than one with a weak team and management.

Technology and Intellectual Property

• The startup’s technology and intellectual property.
• A startup with strong technology and intellectual property will likely be valued higher than one with weak technology and intellectual property.

Customer Base and Revenue Growth

• The startup’s customer base and revenue growth.
• A startup with a large and growing customer base will likely be valued higher than one with a small and stagnant customer base.

Competitive Advantage

• The startup’s competitive advantage.
• A startup with a solid competitive advantage will likely be valued higher than one without a competitive advantage.

Overall Economic Environment

• The overall economic environment.
• A startup will likely be valued more in a robust economic environment than a weak one.

List of Indian startups in 2023 with their valuation, investors, and founders:

Startup	Valuation (USD)	Investors	Founders	Valuation date	2022 Revenue	Valuation in INR (Cr)
CRED	4.5 billion	Tiger Global Management, Sequoia Capital India, Ribbit Capital	Kunal Shah, Ashish Agarwal	March 2022	1.2 billion	7250
PharmEasy	5.6 billion	SoftBank Vision Fund 2, Prosus Ventures, Temasek Holdings	Dharmil Sheth, Harsha Mittal, Vikas Byal	December 2022	1.5 billion	8400
Digit Insurance	3.4 billion	General Atlantic, Temasek Holdings, Sequoia Capital India	Kamesh Goyal, Yashish Dahiya, Prashant Fuloria	March 2022	500 million	6800
Meesho	4.9 billion	SoftBank Vision Fund 2, Prosus Ventures, Accel Partners	ViditAatrey, Sanjeev Barnwal	December 2022	1.2 billion	21600
Groww	3.3 billion	Tiger Global Management, Sequoia Capital India, Ribbit Capital	Lalit Keswani, Harsh Jain, Mayank Tandon	December 2022	600 million	9900
Nykaa	13 billion	Steadview Capital, TPG Growth, Lighthouse Partners	Falguni Nayar, Sanjay Nayar	March 2022	2.7 billion	48900
Udaan	3.6 billion	SoftBank Vision Fund 2, Tencent Holdings, Tiger Global Management	Sujeet Kumar, Amod Malviya, Vaibhav Gupta	December 2022	1.5 billion	24600
Dream11	28 billion	Tencent Holdings, SoftBank Vision Fund 2, Tiger Global Management	Harsh Jain, Avinash Shekhar	March 2022	5.7 billion	103100
Swiggy	10 billion	SoftBank Vision Fund 2, Prosus Ventures, Tencent Holdings	Nandan Nilekani, Ritesh Agarwal, Sriram G.	December 2022	4.5 billion	72500
Instamojo	2 billion	Tiger Global Management, Accel Partners, Sequoia Capital India	Akash Singla, Abhinav Khare, Sampad Swain	December 2022	300 million	4500
PostMan	1 billion	Nexus Venture Partners, Blume Ventures, Y Combinator	Abhinav Asthana, Ankit Agarwal, Abhinav Singh	December 2022	200 million	3000
Delhivery	2.4 billion	SoftBank Vision Fund 2, Tiger Global Management, Carlyle Group	Sahil Barua, Mohit Tandon, Kapil Bharati	March 2022	1.2 billion	19800
Slice	1.1 billion	Tiger Global Management, Accel Partners, Sequoia Capital India	Rajan Bajaj, Deepak Abbot	March 2022	200 million	3000
InMobi	22 billion	SoftBank Vision Fund 2, Tencent Holdings, Alibaba Group	Naveen Tewari, Amit Goenka, Abhay Singhal	December 2022	2.5 billion	45000
Practo	1.5 billion	Sequoia Capital India, Temasek Holdings, Bessemer Venture Partners	Shashank ND, Abhinav Lal	December 2022	1.2 billion	18000
Boat	1.1 billion	Sequoia Capital India, Matrix Partners India, Xiaomi	Sameer Grover, Aman Gupta	December 2022	500 million	7500
Skyroot Aerospace	100 million	Blume Ventures, Mayfield Fund, Y Combinator	Pawan Kumar Chandana, Vikram Sarabhai	December 2022	100 million	1500
LivSpace	2 billion	SoftBank Vision Fund 2, Tiger Global Management, Blume Ventures