Startups

List of Unicorn Startups in Asia (2026) — Every Asian $1B+ Company

The complete list of unicorn startups in Asia — every Chinese, Indian, Southeast Asian, Japanese, Korean, and Australian private company valued at $1 billion or more.

Victor OgonyoVictor Ogonyo
·2026-05-27·16 min read

Asia is home to the world's second and third largest unicorn ecosystems. China has 330, India has 131, and Southeast Asia adds dozens more. This is the complete list of every significant Asian unicorn by country.

Asia at a Glance

CountryUnicorn CountLargest
China330ByteDance ($600B)
India131Reliance Retail ($101B)
Singapore23Grab ($14B)
South Korea12Krafton ($5B+)
Indonesia9GoTo ($10B)
Japan10Preferred Networks ($4B+)
Australia14Canva ($42B)
Hong Kong8Lalamove ($10B)

China — 330 Unicorns

$100B+

CompanyValuationFoundedFoundersIndustry
ByteDance$600B2012Yiming Zhang, Rubo LiangSocial Media / TikTok
Ant Group$150B2014Jack MaFinTech / Alipay

$10B–$99B

CompanyValuationFoundedIndustry
Shein$66B2008Fast Fashion E-commerce
Alibaba Bendi Shenghuo$30B2023Local Services
Yangtze Memory Technologies$23B2016Semiconductors
ChangXin Memory Technologies$19B2016Semiconductors
Envision Group$21B2007Clean Energy
JD Digits$18B2013FinTech
Xiaohongshu (RedNote)$17B2013Social Commerce
Yuanfudao$17B2012EdTech
Trendyol (China ops)——E-commerce
GAC Aion$14B2017Electric Vehicles
Genki Forest$15B2016Consumer Beverages
Bitmain$15B2013Crypto Mining Hardware
Hozon Automotive (Neta)$12B2017Electric Vehicles
Xingsheng Youxuan$12B2018Community E-commerce
Moonshot AI (Kimi)$10B2023AI / LLMs
Zuoyebang$10B2015EdTech
Chehaoduo$10B2015Used Car E-commerce
DJI$15B2006Consumer Drones

$1B–$9.9B (Selected)

CompanyValuationFoundedIndustry
MiniMax$3.4B2021Generative AI
Zhipu AI$3B2019AI / LLMs
DeepSeek$5B+2023Open-source LLMs
Manbang (Full Truck Alliance)$20B2017Freight Logistics
BYD (EV unit)—1995Electric Vehicles
WeBank$6B2014Digital Bank (Tencent)
LAIX (LingoChamp)$1B+2013AI English Learning
Meituan Dianping(public)2010Food Delivery
Kuaishou(public)2011Short Video
Didi (partial)(public)2012Ride-hailing
Pinduoduo(public)2015Social Commerce
JD Logistics(public)2007Logistics
NIO (EV)(public)2014Electric Vehicles
Li Auto(public)2015Electric Vehicles
Xpeng(public)2014Electric Vehicles
SenseTime(public)2014AI / Computer Vision
iQIYI(public)2010Streaming
Horizon Robotics$3.5B2015Autonomous Driving AI
Megvii (Face++)$4B2011AI / Computer Vision
Cambricon$2.5B2016AI Chips
OneConnect$1.5B2015FinTech SaaS
WM Motor$5B2015Electric Vehicles
CATL (pre-IPO unit)—2011EV Batteries
Meituan AI$1B+—AI

India — 131 Unicorns (Complete List)

$10B+

CompanyValuationFoundedFoundersIndustry
Reliance Retail$101B2006Mukesh AmbaniRetail
Reliance Jio$58B2010Mukesh AmbaniTelecom
BYJU'S$22B*2011Byju Raveendran, Divya GokulnathEdTech
PhonePe$15B2015Sameer Nigam, Rahul Chari, Burzin EngineerFinTech / UPI
Swiggy$10.7B (public)2014Sriharsha Majety, Nandan Reddy, Rahul JaiminiFood Delivery
Mahindra Electric Auto$10B1994Mahindra GroupElectric Vehicles

*BYJU'S peaked at $22B; current valuation significantly lower.

$5B–$9.9B

CompanyValuationFoundedFoundersIndustry
Dream11$8B2008Harsh Jain, Bhavit ShethFantasy Sports
Zerodha$8.2B2010Nithin Kamath, Nikhil KamathStock Brokerage
Razorpay$7.5B2014Harshil Mathur, Shashank KumarPayments
Zepto$7B2021Aadit Palicha, Kaivalya VohraQuick Commerce
Groww$7B2016Harsh Jain, Lalit Keshre, Ishan Bansal, Neeraj SinghInvestment App
Snapdeal$7B2005Kunal Bahl, Rohit BansalE-commerce
Ola$7B2010Bhavish Aggarwal, Ankit BhatiRide-hailing
Biocon Biologics$6B1978Kiran Mazumdar-ShawBiotech
CRED$6.4B2018Kunal ShahFinTech
Lenskart$6B2010Peyush Bansal, Amit ChaudharyEyewear D2C
Pine Labs$5B1998Lokvir KapoorFinTech / POS
VerSe Innovation$5B2007Virendra Gupta, Umang BediMedia / Josh
ShareChat$5B2015Ankush Sachdeva, Bhanu Pratap Singh, Farid AhsanSocial Media
OfBusiness$5B2015Asish Mohapatra, Ruchi Kalra, Vasant SridharB2B Commerce

$2B–$4.9B

CompanyValuationFoundedIndustry
Meesho$4B2015Social Commerce
Upstox$4B2009Stock Trading
OYO$4B2013Hospitality
Unacademy$3.44B2015EdTech
CARS24$3.3B2015Used Cars
Eruditus$3.1B2010Executive Education
Zetwerk$3.1B2018B2B Manufacturing
BharatPe$3B2018FinTech
Physics Wallah$3B2014EdTech
Infra.Market$3B2016B2B Construction
Games24x7$3B2006Gaming
Paytm Mall$3B2010E-commerce
Mobile Premier League$2.45B2018Gaming
UpGrad$2.25B2015EdTech
CoinDCX$2.15B2018Cryptocurrency
Polygon$2B2017Blockchain
Rapido$2B2015Bike Taxi
Spinny$2B2015Used Cars
InMobi$2B2007Mobile Advertising
Glance$2B2019AI Lock Screen
Yubi$2B2017FinTech
CoinSwitch$2B2017Crypto
Udaan$2B2016B2B Commerce
Xpressbees$2B2015Logistics
Cult.fit$2B2016Fitness Tech
ElasticRun$2B2016Retail Logistics

$1B–$1.9B

CompanyValuationFoundedIndustry
boAt$1.4B2016Consumer Electronics
Rebel Foods$1.4B2011Cloud Kitchens
Pristyn Care$1.4B2018Healthcare
Netradyne$1.34B2015AI Fleet Safety
Purplle$1.3B2012Beauty D2C
Shiprocket$1.21B2017Logistics AI
Raise Financial$1.2B2021FinTech
Porter$1.2B2014Intra-city Logistics
Livspace$1.2B2014Home Interiors
CarDekho$1.2B2008Automotive
The Good Glamm$1.2B2015Beauty D2C
Moneyview$1.2B2014FinTech
Apna$1.1B2019Jobs Platform
LEAD School$1.1B2012EdTech
InCred$1.05B2016FinTech Lending
Krutrim$1B2023AI
Acko$1B2016InsurTech
Vedantu$1B2011EdTech
NoBroker$1B2014Real Estate Tech
Licious$1B2015Fresh Meat D2C
JSW One$1B2020B2B Manufacturing
Jumbotail$1B2015B2B Grocery
Darwinbox$1B2015HR SaaS
Oxyzo$1B2016FinTech Lending
Open Financial$1B2017SME Neobank
Mensa Brands$1B2021D2C Brand Rollup
Droom$1B2014Used Vehicle Marketplace
Quikr$1B2008Classifieds
Perfios$1B2008FinTech SaaS
LeadSquared$1B2011CRM SaaS
Hasura$1B2017Cloud / GraphQL
1mg$1B2015Healthcare
Fireflies.ai$1B2016AI Meeting Tools
Drools$1B2012Premium Pet Food
Dhan$1B2019Stock Trading
Postman$5.6B2014API Dev Tools
Skyroot$1B+2018Space Tech
Neysa$1.4B2023AI Cloud

Australia — 14 Unicorns

CompanyValuationFoundedFoundersIndustry
Canva$42B2013Melanie Perkins, Cliff Obrecht, Cameron AdamsDesign Software
Airwallex$8B2015Jack Zhang, Max Li, Lucy Liu, Ki-Lok WongFinTech / FX
Atlassian(public) $30B+2002Mike Cannon-Brookes, Scott FarquharEnterprise SaaS
Afterpay(acquired)2014Nick Molnar, Anthony EisenBNPL
Rokt$2.4B2012Bruce BuchananE-commerce Marketing
Culture Amp$1.5B2011Didier ElzingaPeople Analytics
Employment Hero$2B2014Ben ThompsonHR SaaS
Buildkite$1.7B2013Lachlan Donald, Keith PittDeveloper Tools
SafetyCulture$1.6B2004Luke AnearWorkplace Safety SaaS
Deputy$1.3B2008Ashik Ahmed, Steve ShelleyWorkforce Management
Skedulo$1B+2013Matt FairhurstField Service Management

Singapore — 23 Unicorns (Selected)

CompanyValuationFoundedFoundersIndustry
Grab$14B (public)2012Anthony Tan, Tan Hooi LingSuper App
Sea Limited / Shopee$20B+ (public)2009Forrest LiE-commerce / Gaming
Shein (HQ)$66B2008Chris XuFast Fashion
Thunes$1B+2016Peter De CaluweGlobal Payments
PatSnap$1B+2007Jeffrey TiongIP Intelligence
Coda Payments$1B+2011Philippe Peyresaubes, Neil DavidsonDigital Payments
Funding Societies$1B+2015Kelvin Teo, Reynold WijayaSME Lending
Doctor Anywhere$1B+2017Lim Wai MunTelehealth
DayOne$13B2020—FinTech

Indonesia — 9 Unicorns

CompanyValuationFoundedFoundersIndustry
GoTo (Gojek+Tokopedia)$10B (public)2010Nadiem Makarim / William TanuwijayaSuper App
Xendit$7B2015Moses Lo, Bo ChenPayments
Akulaku$1.6B2016William LiBNPL
Traveloka$3B2012Ferry Unardi, Derianto KusumaTravel Tech
OVO$2.9B2017Jason ThompsonE-wallet
Kredivo$1B+2015Akshay GargFinTech Lending
Kopi Kenangan$1B+2017Edward Tirtanata, James PranantoCoffee Chain
Shipper$1B+2017Phil OpamuratawongseLogistics

Japan — 10 Unicorns (Selected)

CompanyValuationFoundedIndustry
Preferred Networks$4B+2014Deep Learning / Robotics
SmartHR$1.6B2015HR SaaS
Spiber$1.2B2007Synthetic Protein Materials
Sakana AI$1B+2023AI (nature-inspired)
Freee$2B (public)2012Cloud Accounting
Moneyforward$1.5B (public)2012FinTech
Anyca$1B+2015Car Sharing
Photosynth$1B+2009Smart Lock SaaS

South Korea — 12 Unicorns (Selected)

CompanyValuationFoundedIndustry
Krafton$5B+ (public)2009Gaming (PUBG)
Kakao(public) $10B+2010Super App
Dunamu (Upbit)$3B+2012Cryptocurrency
Viva Republica (Toss)$7.4B2013FinTech Super App
Krafton$5B+2009Gaming
Coupang(public) $20B+2010E-commerce
Yanolja$1.7B2005Travel Tech
Zigbang$1B+2010Real Estate Tech
Kurly$2.2B2015Online Grocery
Moloco$1.5B2013Ad Tech / ML

See Also

Building something great?

List your startup on Startup Launch Page -- reach real investors, founders, and early adopters.

Launch your startup →
← Back to Blog