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Which Indian startup was the first to achieve unicorn status (valuation >$1 billion)?
- Flipkart
- InMobi
- Ola
- Paytm
Answer: InMobi
InMobi (mobile advertising platform) became India's first unicorn in 2011 after raising $200M at $1B+ valuation. Flipkart achieved unicorn status later in 2012. As of 2026, India has 100+ unicorns across fintech, edtech, healthtech, and SaaS. Important for entrepreneurship and economy questions.