India Adds Six New Unicorns in 2025

Netradyne and Porter Lead the Unicorn List

The first unicorn of 2025 was Netradyne, a Bengaluru-based AI fleet-safety and video-telematics startup that secured US$90 million in Series D funding, pushing its valuation to US$1.34 billion.

Its AI-driven dashcams and analytics tools help enterprises monitor driver behaviour, reduce risk and improve operational safety.

Soon after, logistics platform Porter entered the club with a major US$200 million round, valuing it at around US$1.1–1.2 billion.

Porter, which provides on-demand goods movement services for both consumers and enterprises, also reported profitability in FY25: a notable turnaround from the previous year.

Rising Sectors: Pet-Care, AI, B2B Commerce and Fintech

The other four unicorns: Drools, Fireflies.ai, Jumbotail and Dhan highlight rising momentum across pet-care, artificial intelligence, B2B retail and digital investing.

Drools became a unicorn after a strategic minority investment from a global consumer-goods giant, reflecting the booming demand in India’s pet-food segment.

Fireflies.ai, known for its AI meeting assistant used globally, crossed the billion-dollar mark through a secondary share sale. Jumbotail, a B2B marketplace serving kirana stores and emerging brands, raised US$120 million while expanding to over 400 cities.

Finally, fintech platform Dhan achieved unicorn status in October after a strong Series B round led by institutional and global investors.