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Unicorn Company

With the rise of startup culture globally, several high valued companies have been created in the last two decades. One of the most important requirements to make your startup successful is to get a steady source of required investment. The investments for startups can be obtained using several different strategies. Some of the most common sources of investment include angel investors, equity firms, investment companies, venture capitalists, etc.

And during the different investment rounds held by startups, the investors first evaluate the company based on the assets owned by the company, future scope of growth, products, services delivered, etc. Then, after creating an evaluation, the investors decide to invest in these startups. And you must have heard that a startup has achieved Unicorn status. So, the following article will provide you with all the necessary details about a Unicorn company.

Unicorn Company

A company or a startup is referred to as a Unicorn when that company's value is $1billion or more. And it is considered a very big achievement for a startup when it can get a valuation of $1billion. Also, the road to becoming a Unicorn company is very tough and requires the best delivery of products or services to get the billion-dollar valuation.

Unicorn Company


A unicorn is a mythical creature that has been mentioned in several old texts and stories. And thus, it is very rare to come across such an exquisite animal. So, to express the rarity of such billion-dollar companies, Aileen Lee first popularised this term in 2013. Since then, the term "Unicorn" has become very popular globally, and several other related terms have also become popular. Currently, there are more than 800 unicorn startups globally, and many more are achieving this reputed status of a Unicorn company.

Valuation Process

The process behind the valuation of modern-day startups is comprised of different factors. Firstly, the value is evaluated based on the other market leaders in the same line of business. Secondly, the past performances of the company, and based on these performances, the startup is given a valuation. Also, a company has the opportunity to become a Unicorn through a buyout by another major company. Recently, becoming a Unicorn by a buyout has become very common in many companies. Some of the most common examples of Unicorn companies who achieved Unicorn status after a buyout are WhatsApp and Instagram, both acquired by Facebook, making them Unicorn companies. Moreover, the chances of future growth of the company also play an important role in providing Unicorn valuation to a company.

Popular Unicorn Companies around the globe

Some of the most popular Unicorn Companies of the world are as follows:

  • Uber
  • Instagram
  • WhatsApp
  • ByteDance
  • SpaceX
  • Canva
  • Alibaba
  • Instacart
  • Shein
  • Revolut
  • Stripe
  • Ant Group
  • Epic Games
  • Canva
  • Grammarly
  • GoodLeap
  • Dollar Shave Club

Indian Unicorn Companies

The development in the startup culture of the world has also helped the Indian startups obtain the required investments and achieve the required valuation. In the last decade, many homegrown startups have been able to get the Unicorn valuation. Especially, the year 2021 proved to be one of the biggest successes for the Indian startups, and 54 startups achieved Unicorn status in one year only.

Some of the most popular Unicorn startups in the world are as follows:

  • Flipkart
  • Paytm
  • PhonePe
  • Bharat
  • Byju's
  • Unacademy
  • Razorpay
  • OYO
  • Swiggy
  • Zomato
  • Ola
  • PharmEasy
  • CRED
  • Dream11
  • Meesho
  • Zerodha
  • Postman App
  • Browser Stack
  • InMobi

DECA Unicorn or Decacorn Company

The term "Decacorn" refers to a company that has achieved a valuation of $10 billion or more. This term came into use when several startups successfully crossed the $10 billion valuations.

Some of the popular Decacorn Companies are as follows:

  • ByteDance
  • Uber
  • Flipkart
  • Paytm
  • Revolut
  • BYJU's
  • FTX


From the above article, it is clear that the current startup ecosystem is just the beginning of a festival for budding startups worldwide. With the help of investment-friendly government policies and proper guidance from established entrepreneurs, people will start many more Unicorn startups in the future.

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