India has seen a rapid growth in its startup ecosystem, with many companies reaching unicorn status, which means they are valued at over $1 billion. As of January 2024, India boasts 111 unicorn startups across various sectors. Here’s a list of some of the fastest-growing unicorn companies in India:

10. Kunal Shah's CRED reached unicorn status in 3 years.

9. Spinny, founded by Niraj Singh, Ramanshu Mahaur, and Mohit Gupta, became a unicorn in 2.9 years.

8. Nirmit Parikh's Apna achieved unicorn status in 2.4 years.

7. Dharmil Sheth and Dhaval Shah led PharmEasy to unicorn status in 2.2 years.

6. Bhavish Aggarwal's OLA Electric became a unicorn in 2.1 years.

5. Naveen Tewari's Glance reached unicorn status in 1.8 years.

4. Paytm Mall, founded by Vijay Shekhar Sharma, became a unicorn in 1.6 years.

3.  Gaurav Kumar achieved unicorn status for CredAvenue in 1.5 years.

2. Nitin Agarwal led Globalbees to unicorn status in 7 months.

1. Founded by Vaibhav Gupta, Mensa became a unicorn in just 6 months.