OfBusiness, an online e-commerce platform for raw materials, was one of the most valued Indian unicorns as of October 2023. The company based in Gurugram was estimated at five billion U.S. dollars. In contrast, Lenskart had a valuation of over four billion U.S. dollars during the same year.
Most valued e-commerce and direct-to-consumer unicorns in India as of October 2023
(in billion U.S. dollars)
A unicorn company is a privately owned startup that has a current valuation of one billion U.S. dollars or over. Once a company has gone public (IPO) or has been acquired it is no longer termed as a unicorn.
Where companies crossed industries, the major category was used as determined by the source. Where companies have multiple countries listed the country of headquarters has been used.
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CB Insights. (October 31, 2023). Most valued e-commerce and direct-to-consumer unicorns in India as of October 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1282105/highest-valued-e-commerce-startup-companies-india/
CB Insights. "Most valued e-commerce and direct-to-consumer unicorns in India as of October 2023 (in billion U.S. dollars)." Chart. October 31, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1282105/highest-valued-e-commerce-startup-companies-india/
CB Insights. (2023). Most valued e-commerce and direct-to-consumer unicorns in India as of October 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1282105/highest-valued-e-commerce-startup-companies-india/
CB Insights. "Most Valued E-commerce and Direct-to-consumer Unicorns in India as of October 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Oct 2023, https://www.statista.com/statistics/1282105/highest-valued-e-commerce-startup-companies-india/
CB Insights, Most valued e-commerce and direct-to-consumer unicorns in India as of October 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1282105/highest-valued-e-commerce-startup-companies-india/ (last visited November 21, 2024)
Most valued e-commerce and direct-to-consumer unicorns in India as of October 2023 (in billion U.S. dollars) [Graph], CB Insights, October 31, 2023. [Online]. Available: https://www.statista.com/statistics/1282105/highest-valued-e-commerce-startup-companies-india/
