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Metro area · Asia

Delhi

Metro area · India · Pop. 28.5M · #28 city by EV

A public taster of the full Delhi ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

🦄 New unicorns by year
0
Annual $1B+ outcomes, unsmoothed
🐎 Cumulative thoroughbreds
29
Company revenue history, 2016-2025
Enterprise value
$229B
Actual EV series, 2015-2025

Largest rounds

Largest funding rounds in Delhi

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into Delhi-headquartered companies, grouped by Dealroom sector.

Largest rounds in Delhi - 2026

Every $100M+ VC round into Delhi-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
Live from Dealroom API Open full VC dashboard

Startup funnel

Delhi's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
607
Seed
410
Series A
262
Series B
145
Series C
72
Unicorn
26
Decacorn
3

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

VC investment

How much venture capital flows into Delhi

VC investment into Delhi-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage. Live from the Dealroom Next Gen API.

Notable companies

Top private companies in Delhi

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 3
ZomatoPolicyBazaarLenskart
Unicorns $1B+ valuation 26
PhysicsWallahDroomOYORivigoSnapdealOfBusinessGlobalLogicCARS24DelhiveryBoAt5ireBharatPeDMI FinanceMamaearthPine LabsSpinny1mgMakeMyTripOne97Oxyzo Financial Services+6 more
Thoroughbreds+ $100M+ revenue 29
OfBusinessZomatoMankind PharmaDelhiveryMakeMyTripOne97LenskartCARS24OYOPolicyBazaarSpinnyPhysicsWallahBoAt1mgPine LabsBharatPeShipRocketGlobal BeesNewgen Software TechnologiesHealthkart

Academia

Delhi's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Delhi.

University-linked startup formation
23
University spinouts
1,638
Total alumni-founded companies
986
Of which startups (<$15M raised)
434
Breakouts ($15M-100M)
218
Scaleups ($100M+)

Location comparison

How Delhi stacks up

Compare Delhi with peers from the same country (India) — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.

$286B
Delhi
$220B
$198B
$36.8B
$32.2B
$25.1B
$9.8B
$8.6B

Combined enterprise value of each ecosystem.

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Delhi dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Delhi's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Delhi's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Delhi's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Delhi's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Delhi
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Delhi
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Get the full Delhi ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.