Business Economy


ASK Wealth-Hurun 2025 Report lists Ai.tech as fastest rising start-up company

Mumbai, Sep 11 (UNI) Ai.tech, a pioneering startup studio and holding company, founded in January 2022 by Divyank Turakhia, has emerged as the fastest rising unicorn of 2025, according to the ASK Private Wealth Hurun India Unicorn and Future Unicorn Report 2025, released here today.

Valued at USD 1.5 billion, Ai.tech is dedicated to building businesses powered by artificial intelligence and machine learning, with a portfolio which already includes global leaders such as advertising, tech and media, together employing more than 1,600 people worldwide.
Ai.tech joined peers such as CRED, Zetwerk, BharatPe and Pristyn Care this year, all of which hit the billion-dollar milestone within three year. This trend shows that technology-driven, bootstrapped companies are rapidly scaling to billion-dollar valuations.
The report reveals that there are a total of 73 unicorns, which are companies founded in or after the year 2000 having a valuation of USD 1 billion or more. There are also 46 Gazelles, which are companies whose valuations are between USD 500 million and USD 1 billion.
The ASK Private Wealth Hurun India Unicorn and Future Unicorn Report 2025 is a ranking of India’s start-ups founded in the 2000s, worth at least USD 200 million (Rs 1,710 crore), which are not yet listed on the stock exchange.
The classification of startup companies in the report is based on regulatory filings, insights from fellow entrepreneurs and feedback from leading India-focused venture capital funds and angel investors.
However, finTech remained the dominant force, with Navi Technologies (USD 1.7 billion) co-founded by Sachin Bansal, Moneyview (USD 1.2 bn) founded by Puneet Agarwal and Sanjay Aggarwal, Vivriti Capital (USD 1.3 bn), JusPay (USD 1 bn) and Veritas Finance (USD 1 bn) all achieving unicorn status. Rapido (USD 3 bn, Shared Economy) and Netradyne (USD 1.4 bn) showcased India’s growing strength in transportation and auto tech innovation.
E-commerce and SaaS also saw representation, with Jumbotail and DarwinBox crossing the billion-dollar mark. In consumer goods, Drools (USD 1 bn) highlighted India’s ability to produce scalable ventures across both traditional and emerging sectors.
With these 11 new additions, India’s unicorn tally has reached 73 companies in 2025, reflecting the breadth of opportunity across technology, mobility, finance and sustainability.
Speaking at the launch of the report, ASK Private Wealth Co-Founder, CEO & MD Rajesh Saluja said, “As we mark five years of the ASK Private Wealth Hurun India Unicorn and Future Unicorn Index, it is inspiring to see how India’s start-up ecosystem has matured into a powerful engine of innovation and economic value creation. The increasing depth across FinTech, AI, SaaS and Consumer sectors not only underscores the ingenuity of Indian entrepreneurs but also positions India at the forefront of shaping the next wave of global disruptors.”
Hurun India Founder & Chief Researcher Anas Rahman Junaid said, “We have been publishing the ASK Private Wealth Hurun India Future Unicorn Index for the past four years. We are pleased to present the ASK Private Wealth Hurun India Unicorn and Future Unicorn Report 2025, Powered by the ASK Private Wealth Hurun Cheetah–Gazelle–Unicorn Index (CGU Index). This year, we are delighted to extend our partnership to showcase India’s entire unicorn universe as well. The report provides a complete picture of India’s innovation pipeline and the long-term potential of the country’s entrepreneurial ecosystem.”
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