Indian Startups That Became Unicorns in Under 3 Years

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By Jiya Bhatt | June 26, 2025

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Founded: 2021 Unicorn in: 2023 (in just 1.5 years!) What it does: 10-minute grocery delivery Founders: Aadit Palicha & Kaivalya Vohra (both Stanford dropouts)

By Jiya Bhatt

Zepto

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Founded: 2021 Unicorn in: 2021 (in 6 months!) Model: Acquires and scales D2C brands Founder: Ananth Narayanan (ex-Myntra CEO) Quick stat: Fastest Indian startup to reach unicorn status — ever.

By Jiya Bhatt

Mensa Brands

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Founded: 2018 Unicorn in: 2021 (in 2.5 years) What it does: Rewards users for paying credit card bills Founder: Kunal Shah Trivia: Despite no clear revenue model early on, it attracted massive investor interest.

By Jiya Bhatt

 Cred

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Founded: 2019 Unicorn in: 2021 (in 2 years) What it does: Job marketplace for blue/grey-collar workers Founder: Nirmit Parikh Impact: Millions placed in local jobs using this platform — digital “naukri” for the masses.

By Jiya Bhatt

Apna

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Founded: 2021 Unicorn in: 2021 (in 8 months) What it does: D2C brand aggregator Model: “India’s Thrasio” — scaling local brands across personal care, home, etc. Backers: SoftBank, FirstCry, Lightspeed

By Jiya Bhatt

GlobalBees

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Founded: 2018 Unicorn in: 2021 (in 3 years) What it does: UPI QR payments, lending for merchants Founder: Ashneer Grover (you may know him from Shark Tank India) Twist: Controversial exit of Ashneer made headlines in 2022

By Jiya Bhatt

BharatPe

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Founded: 2020 Unicorn in: 2022 (in just 2 years!) What it does: Online education platform for competitive exams (NEET, JEE, UPSC) Founder: Alakh Pandey

By Jiya Bhatt

PhysicsWallah

First bootstrapped Indian edtech to become a unicorn