India's largest e-commerce marketplace for electronics, fashion, and lifestyle products
Founded:
2007
Founders:
Sachin Bansal, Binny Bansal
Location:
Bengaluru, Karnataka
Acquired by:
Walmart (
United States)
Year:
2018
Amount:
$16 billion
Walmart (majority stake ~77%)
Acquired by American retail giant Walmart in 2018, making it foreign-controlled despite Indian origins
Digital payments, financial services, and e-commerce platform
Founded:
2010
Founders:
Vijay Shekhar Sharma
Location:
Noida, Uttar Pradesh
Acquired by:
Ant Group (Alibaba), SoftBank (
China, Japan)
Year:
2015-2017
Amount:
Multiple rounds totaling $2+ billion
Ant Group (~25%), SoftBank, other foreign investors hold majority
Significant foreign ownership from Chinese (Ant Group/Alibaba) and Japanese (SoftBank) investors, though founder retains some control
Online travel booking platform for flights, hotels, and holiday packages
Founded:
2000
Founders:
Deep Kalra
Location:
Gurugram, Haryana
Acquired by:
Ctrip (now Trip.com Group) (
China)
Year:
2016
Amount:
$1.4 billion (merger)
Trip.com Group (majority shareholder)
Merged with Chinese travel giant Ctrip (Trip.com), which became the largest shareholder
Ride-hailing and mobility platform
Founded:
2010
Founders:
Bhavish Aggarwal, Ankit Bhati
Location:
Bengaluru, Karnataka
Acquired by:
SoftBank, Hyundai, Kia (
Japan, South Korea)
Amount:
$3.8+ billion (cumulative investment)
SoftBank (~45%), founders retain control but significant foreign ownership
While founders maintain operational control, SoftBank and other foreign investors hold majority stake
Food delivery and quick commerce platform
Founded:
2014
Founders:
Sriharsha Majety, Nandan Reddy, Rahul Jaimini
Location:
Bengaluru, Karnataka
Acquired by:
Prosus (Naspers), SoftBank, Accel (
Netherlands/South Africa, Japan, USA)
Amount:
$3.6+ billion (cumulative)
Prosus (~33%), SoftBank, other foreign investors hold majority
Majority owned by foreign investment firms, though founders retain operational control
Food delivery, dining, and restaurant discovery platform
Founded:
2008
Founders:
Deepinder Goyal, Pankaj Chaddah
Location:
Gurugram, Haryana
Acquired by:
Info Edge, Ant Group, Uber (
India (Info Edge is Indian), China, USA)
Amount:
$2.1+ billion (cumulative)
Info Edge (~18%), Ant Group, Uber, public shareholders
Significant foreign ownership from Ant Group (China) and other international investors, though publicly traded in India
Online insurance aggregator and comparison platform
Founded:
2008
Founders:
Yashish Dahiya, Alok Bansal, Avaneesh Nirjar
Location:
Gurugram, Haryana
Acquired by:
SoftBank, Tiger Global, Temasek (
Japan, USA, Singapore)
Amount:
$766 million (cumulative)
SoftBank, foreign investors hold significant stake, publicly traded
Substantial foreign investor ownership, though publicly listed in India
EdTech platform offering online learning and test preparation
Founded:
2011
Founders:
Byju Raveendran
Location:
Bengaluru, Karnataka
Acquired by:
General Atlantic, Sequoia, Tiger Global, Qatar Investment Authority (
USA, Qatar)
Amount:
$5.8+ billion (cumulative)
Foreign investors hold majority stake
Majority owned by American and Middle Eastern investment firms
Digital payments and financial services platform
Founded:
2015
Founders:
Sameer Nigam, Rahul Chari, Burzin Engineer
Location:
Bengaluru, Karnataka
Acquired by:
Walmart (via Flipkart) (
United States)
Year:
2016 (acquired), 2022 (separated)
Amount:
$16 million (initial), separated in 2022
Walmart (majority stake post-separation)
Owned by American retail giant Walmart after Flipkart acquisition and subsequent separation
API development platform for building, testing, and managing APIs
Founded:
2012
Founders:
Abhinav Asthana, Ankit Sobti, Abhijit Kane
Location:
Bengaluru, Karnataka
Acquired by:
Insight Partners, Coatue, Battery Ventures, BOND Capital (
United States)
Amount:
$434 million (cumulative funding)
Foreign investors hold majority stake (>50%), exact percentages undisclosed
Majority equity held by US-based venture capital firms. Company relocated legal headquarters to San Francisco in 2017
Online learning platform for competitive exam preparation and skill development
Founded:
2015
Founders:
Gaurav Munjal, Roman Saini, Hemesh Singh
Location:
Bengaluru, Karnataka
Acquired by:
SoftBank, General Atlantic, Temasek, Tiger Global (
Japan, United States, Singapore)
Amount:
$880 million (cumulative funding)
Foreign investors ~60-65%, Founders ~9%
Foreign investors control majority stake. Founders stepped down from operations (May 2025), with board representatives from SoftBank and General Atlantic
Subscription billing and revenue management platform
Founded:
2011
Founders:
Krish Subramanian, Rajaraman Santhanam, Thiyagarajan Sivakumar, Saravanan KP
Location:
Chennai, Tamil Nadu
Acquired by:
Tiger Global, Sequoia Capital, Insight Partners, Sapphire Ventures (
United States)
Amount:
$475 million (cumulative funding)
Foreign investors likely hold majority stake (exact percentages undisclosed)
Delaware C-Corp incorporated in USA with headquarters in San Francisco. $475M foreign funding suggests majority foreign ownership despite Indian founders retaining operational control
Payment gateway and financial services platform for businesses
Founded:
2014
Founders:
Harshil Mathur, Shashank Kumar
Location:
Bengaluru, Karnataka
Acquired by:
Tiger Global, Peak XV Partners (Sequoia), GIC, Lone Pine Capital (
United States, Singapore)
Amount:
$742 million (cumulative funding)
Tiger Global ~25-30%, other foreign investors likely hold majority collectively
Significant foreign ownership with Tiger Global alone holding 25-30% stake. Despite 2025 reverse flip to India for IPO, foreign investors likely control majority equity
Customer engagement software suite including CRM, customer support, marketing automation, and IT service management (Freshdesk, Freshsales, Freshservice, Freshchat, Freshcaller, Freshmarketer)
Founded:
2010
Founders:
Girish Mathrubootham, Shan Krishnasamy
Location:
Chennai, Tamil Nadu
Acquired by:
Public shareholders - majority US institutional investors (
United States)
Year:
N/A (IPO 2021)
Amount:
IPO on NASDAQ raised $1.03 billion
CapitalG (Google) 8.1%, Vanguard 7.6%, Tiger Global ~20%, WestBridge 10.24%, Founder 4%
Delaware-incorporated US company with American CEO (Dennis Woodside since May 2024), headquartered in San Francisco. Majority owned by American institutional investors (~60%+ foreign ownership). Legally and operationally an American company despite Indian origins
