ByteDance, the parent company of TikTok, has emerged as the world’s most valuable startup, boasting a valuation of $225 billion. This figure surpasses the combined net worth of India’s two wealthiest individuals, Mukesh Ambani and Gautam Adani. According to the Bloomberg Billionaires Index, Ambani’s wealth is valued at $116 billion, while Adani’s stands at $104 billion, totaling $220 billion together—still lower than ByteDance’s massive valuation.
Global Startup Rankings: ByteDance Leads, SpaceX Follows
The global startup landscape is heavily dominated by companies from the US and China, with ByteDance at the top. Elon Musk’s SpaceX holds second place with a valuation of $200 billion, followed by OpenAI, backed by Microsoft, at $80 billion. American financial technology company Stripe is ranked fourth, valued at $70 billion.
Other notable startups in the top 10 include China’s Shein ($66 billion), the UK’s Revolut ($45 billion), and US-based Databricks ($43 billion). The top 10 list features seven companies from the US, two from China, and one from the UK.
India’s Startup Scene: Byju’s Tops the Chart
India’s startup ecosystem is still growing, and Byju’s leads the pack with a valuation of $11.5 billion, placing it at the 40th spot globally. Following Byju’s, Oyo Rooms holds a valuation of $9 billion. Other notable Indian startups include Swiggy and Dream11, each valued at $8 billion as they prepare for their IPOs. Razorpay, a fintech company, is valued at $7.5 billion, while CRED stands at $6.4 billion.
India is witnessing rapid growth in its startup ecosystem, but no company has yet to breach the global top 10 rankings dominated by American and Chinese firms.
