Meet India’s Quiet Billion-Dollar Club
Let’s take a closer look at 12 lesser-known, super-successful Indian startups you probably haven’t heard of—but definitely should.
Infra.Market
- Industry: Construction Tech
- Valuation: $2.5 billion
- Founded: 2016, Mumbai
Ever heard of a unicorn in construction? Infra.Market is streamlining the construction supply chain using tech to connect builders with raw materials at better prices. Think Amazon for cement and steel. India’s real estate boom just found its best friend.
Razorpay
- Industry: Fintech / Payments
- Valuation: $7.5 billion
- Founded: 2014, Bangalore
OfBusiness
- Industry: B2B Commerce
- Valuation: $5 billion
- Founded: 2015, Gurgaon
OfBusiness is all about bringing efficiency to India’s industrial supply chain. It blends fintech with B2B commerce by offering credit and procurement tools for SMEs—sort of like a financial oxygen tank for India’s factories and workshops.
Digit Insurance
- Industry: Insurtech
- Valuation: $4 billion
- Founded: 2016, Bangalore
CRED
- Industry: Fintech / Rewards
- Valuation: $6.4 billion
- Founded: 2018, Bangalore
CRED rewards you for paying your credit card bills on time—yep, that’s a real thing. A mix of premium user targeting and sleek UX has made it one to watch.
Moglix
- Industry: B2B Ecommerce / Industrial Supplies
- Valuation: $2.6 billion
- Founded: 2015, Noida
Think Amazon meets Grainger. Moglix helps businesses buy industrial tools, office supplies, and safety equipment online. With a solid backend and fast delivery model, it’s a lifeline for manufacturing and infrastructure companies.
Gupshup
- Industry: Conversational AI / SaaS
- Valuation: $1.4 billion
- Founded: 2004, Mumbai (yes, it’s that old!)
Gupshup lets businesses build chatbots and messaging APIs for platforms like WhatsApp, SMS, and Slack. It’s the backbone of how banks, brands, and services communicate with customers in real-time—but hardly anyone talks about it.
Lead School
- Industry: Edtech / SaaS
- Valuation: $1.1 billion
- Founded: 2012, Mumbai
Eruditus
- Industry: Edtech / Executive Education
- Valuation: $3.2 billion
- Founded: 2010, Mumbai
Partnering with the likes of Harvard and Wharton, Eruditus offers online executive courses targeted at working professionals in emerging markets.
Meesho
- Industry: Social Commerce
- Valuation: $4.9 billion
- Founded: 2015, Bangalore
- Meesho is disrupting traditional e-commerce by making it…well, way more Desi.
Rebel Foods
- Industry: Cloud Kitchen / Foodtech
- Valuation: $1.4 billion
- Founded: 2011, Mumbai
Behind brands like Faasos and Behrouz Biryani, Rebel Foods runs one of the world’s largest internet restaurant chains—without a single dine-in outlet. Welcome to the ghost kitchen revolution, Desi-style.
Zetwerk
- Industry: Manufacturing / Tech-enabled Supply Chain
- Valuation: $2.7 billion
- Founded: 2018, Bangalore
Zetwerk connects manufacturers with buyers globally, using software to make custom manufacturing more efficient and scalable.
Why You Should Care
They’re building in B2B, infrastructure, insurtech, and education—sectors with deep impact and serious revenue.
What Sets Them Apart?
- Low media exposure, high business value
- Product-focused, not just PR-focused
- Serving underserved sectors—education, insurance, industrial supply
FAQs
Q: How do these companies reach billion-dollar valuations?
Through strong market fit, rapid scaling, investor funding, and solving real-world problems at scale.
FOR MORE BLOGS – beyondthepunchlines.com
Author: Team BTP
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