India Welcomes 7 New Unicorns in 2025

India added seven new unicorns in 2025, reflecting strong growth across fintech, AI, consumer goods, and B2B commerce. Startups Jumbotail, Drools, and JSW One MSME reached $1 billion valuations, while fintech super‑app Navi hit $1.7 billion. AI venture AI.TECH, founded by Divyank Turakhia, achieved $1.5 billion without external funding. Fintech firms Juspay ($1.24B) and Raise ($1.2B) also joined the list. These companies highlight India’s diverse startup ecosystem — from kirana‑focused marketplaces and pet food brands to advanced fintech platforms and AI‑driven businesses — cementing the country’s position as a global innovation hub.

Dec 30, 2025 0 14

India’s startup ecosystem continued its strong momentum in 2025, adding seven new unicorns across sectors like artificial intelligence, fintech, consumer goods, and B2B commerce.

According to startup data platform Tracxn, Jumbotail, Drools, and JSW One MSME each reached the $1 billion mark. Fintech super‑app Navi crossed $1.7 billion, while AI venture AI.TECH hit $1.5 billion. Fintech players Juspay and Raise were valued at $1.24 billion and $1.2 billion, respectively.

This mirrors 2024, when seven startups also achieved unicorn status.

Fintech Leaders

Juspay: Operates behind the scenes as a payments technology provider, powering apps and online businesses with orchestration and checkout solutions.
Navi: A consumer‑focused super‑app offering loans, insurance, investments, UPI payments, and home loans, designed to make financial services simple and digital.
Raise (via Dhan): A trading and investment platform offering advanced tools for stock and options trading, appealing to both active traders and long‑term investors.

AI Innovation

AI.TECH: Founded in 2022 by Divyank Turakhia, the company scaled to a $1.5 billion valuation without external funding. It runs global AI‑driven businesses like Advertising.tech and Media.net, employing over 1,600 people worldwide.

Consumer & B2B Growth

Jumbotail: A fast‑growing B2B marketplace for kirana stores, integrating wholesale procurement, supply chain services, logistics, and embedded credit.
Drools: One of India’s largest home‑grown pet food brands, offering 650+ products across Pure Pet, Meat Up, and Canine Creek. It became a unicorn after Nestlé acquired a minority stake.
JSW One MSME: A tech‑enabled B2B platform serving construction and manufacturing MSMEs with seamless sourcing of steel, cement, and industrial materials, alongside logistics and credit solutions. It reached unicorn status in May 2025 after raising ₹340 crore.