India’s startups that are closest to becoming unicorns are already major employers. The 2026 ASK Private Wealth Hurun India Gazelle Index, released on…
1/101. Infinx | HealthTech company Infinx is the largest employer among India’s 51 Gazelles, with about 7,000 staff, around 37% more than the No. 2. It is headquartered in the US, one of ten Gazelles with a base outside India. It also has the biggest employee stock ownership pool in the cohort at 30.7%, more than double the next company’s. (Image: Infinx)
2/102. Finova Capital | FinTech lender Finova Capital employs 5,118 people, the second-largest workforce among Gazelles. Its co-founder Sunita Sahney is one of six women founders across the cohort. (Image: Finova Capital)
3/103. Pocket FM | Pocket FM is the only Media & Entertainment company in the top 10 by headcount, with 4,000 employees. Founder Rohan Nayak studied at IIT Kharagpur, the most common undergraduate institution among Gazelle founders, with 13 of them. (Image: Pocket PM)
4/104. EatClub | FoodTech company EatClub Brands has 3,600 employees and is the only food company in the top 10. It is also one of just five Gazelles with an employee stock pool of 10% or more, at 10.5%. Founder Anshul Gupta holds a postgraduate degree from IIT Bombay. (Image: EatClub)
5/105. Ninjacart | AgriTech company Ninjacart shares fifth place with 3,000 employees. It has also raised ₹4,919 crore, the most funding of any Gazelle and about 1.4 times the next company on that list. (Image: Ninjacart)
6/106. Rayzon Solar | CleanTech manufacturer Rayzon Solar, founded in 2017, also employs 3,000 people. Its FY2025 revenue of ₹2,833 crore is the third-highest in the cohort. It is one of three CleanTech Gazelles, alongside Lohum and Carbon Clean Solutions. (Image: Rayzon Solar)
7/107. InsuranceDekho | FinTech platform InsuranceDekho employs 2,400 people. It has raised ₹3,465 crore, the second-most among Gazelles after Ninjacart, and holds a 12.0% employee stock pool, the third-largest in the cohort. (Image: InsuranceDekho)
8/108. DeHaat | Gurugram-based AgriTech company DeHaat, founded in 2012, has 1,800 employees. It was promoted from the Cheetah cohort to Gazelle status this year. Its FY2025 revenue of ₹3,041 crore is the second-highest among Gazelles, behind only Captain Fresh. (Image: DeHaat)
9/109. Mintifi | FinTech company Mintifi has 1,600 employees, and its founders include Ankit Mehta (IIT Bombay) and Anup Agarwal (University of Mumbai). It is one of three FinTech names in the top 10. FinTech is also the largest sector in the whole cohort, with 13 of the 51 Gazelles. (Image: Mintifi)
10/1010. Practo | Bengaluru-based HealthTech company Practo, founded in 2008, closes out the list with 1,600 employees. It was promoted from Cheetah to Gazelle this year and holds the second-largest employee stock pool in the cohort, at 13.2%. The ten companies on this list together employ 33,118 people, roughly half of the cohort’s 60,000-plus workforce. (Image: Practo)
Source link
