Meet 10 unicorn With Unique Idea

India has seen a meteoric increase in the number of unicorns or privately held companies with over $1 billion valuations in the last decade. Stimulating demands can be explained by the development of entrepreneurial activity in the country, the large and largely untapped market, and a growing number of requests from investors. Below is the list consisting of the major unicorns operating in India which would help to understand the variation of the start-ups in India.

Perfios
Perfios is an established name in the fintech space which is into data aggregation and analytics. In helping the financial firms get the precise and timely insights they need, Perfios has emerged as an essential component of the nascent transformation of the financial industry. It supports top to bottom credit checking, fraud identification, and accounts management, and is an essential tool for any bank and other financial institutions.
Krutrim
Krutrim is one of the unicorns that have problem solving abilities in the area of AI. The company operates in different segments and provides AI solutions in the spheres of healthcare, finance, and retail. This means that Krutrim’s innovative technologies have provided solutions to the existing problems of organizations in improving their operational efficiency, satisfying the clients as well as encouraging innovation. The company’s seal algorithm is known for it efficiency and accuracy when dealing with large data sets making it stand out in a crowded market.
InCred
InCred is a NBFC which deals with loans and investment products for consumers and corporates. Technology is integrated in the company in an effort to streamline the loans giving process in a bid to extend the financial services to the common people. Thus a unique concept of putting customer first and being innovative have made InCred a Unicorn and a key player in the Indian financial market.
Zepto
Zepto has disrupted the Grocery delivery market in India claiming to deliver Grocery in under 10 minutes. They also pointed that the organization’s unique selling proposition is the ability to deliver groceries in less than 10 minutes, thus, meeting the increasing need of speedy services in towns. This rapid growth of Zepto along with the new customer base shows the firm’s capabilities that can make it a leader in e-commerce business.
1mg
1mg is one of the largest digital health platforms in India where people can get online pharmacy delivery, diagnostics, and other tele consultation services. It has been a key in ensuring that health care service delivery becomes more accessible and affordable to millions of Indian populace. Due to 1mg’s innovation in its model of health care delivery, it has gained steady client base, which has played a major role in the making of the company a unicorn.
Shiprocket
Shiprocket is an e-commerce shipping & logistics solution that helps businesses of all sizes to manage their order & logistics. Shipping, tracking and returns become easier to handle with the help of platform thus facilitating sales for e-commerce companies. Mechanized and with a rich integration of connectors with numerous couriers, Shiprocket has become a popular solution for e-commerce in India.
5ire
5ire is a sustainability innovation economy on the blockchain. The idea of the company is the use of the blockchain to the SDGs to make the process more transparent. 5ire’s systematic integration of technology together with aspects of environmental and social governance has drawn a lot of investor attention to propel the firm to unicorn status.
OneCard
OneCard is an organisation that provides a metal credit card which is available only with a mobile application and does not have joining fees. To target the customers in the digital world, the card has various features like Instant cash reward, EMI options, etc. , Smart app management. This company has created a unique approach to credit and, as their customer base proves, has become quite popular among consumers rapidly.
LeadSquared
LeadSquared is a SaaS firm specialised in offering CRM and marketing automation systems and services. It’s helps companies to organize and improve their sales processes, leads, and customers. Because of its work on sales effectiveness and the solid technology that drives it Lead Squared has already turned into a unicorn CRM market player.
Purplle
Purplle is one of the fastest growing online store that deals in beauty and personal care products from various brands. It has a simple and easy-to-use layout which adapts according to the customer’s preferences and good prices. Purplle has been following a tremendous growth path with its focus on beauty products market that is expanding in India and thus making it tougher contender in the e-commerce domain.
PhysicsWallah (PW)
PhysicsWallah (PW) is an e-learning platform that provides students studying for competitive exams with courses and study content. The affordably coupled with quality content has make the platform favorite among the students. Looking at the accomplishments of PhysicsWallah in the EdTech space can be explained by the increasing need for education in India and affordable platforms that can provide knowledge

Summary
The Indian unicorn companies are as heterogeneous as they are in the process of constant evolution and they specifically cover the domains of fintech, e-commerce, EdTech, healthcare as well as AI. These young enterprises of India such as Perfios, Krutrim, InCred, Zepto, and 1mg are not just rewriting the business strategies but also setting new standards of innovation and consumers. Others such as Shiprocket, 5ire, OneCard, Leadsquared, Purplle, and PhysicsWallah (PW) are other emerging platforms that are expanding boundaries, and generating value in their respective sectors. Not only these unicorns are defining future of India economy they are equally contributing to the global economy.