101 unicorn of india

New Delhi India has 100 unicorns with a combined market capitalisation of $240 billion, and two-thirds of them have started after 2005 because of remarkable changes in the funding, infrastructure, regulatory and business environment, a Credit Suisse research report has said. A unicorn is a privately held startup company with a valuation of over $1 billion.(Reuters File Photo) Employing a “rigorous investigation”, the report found more unicorns in India than conventionally reported. “An unprecedented pace of new-company formation and innovation in a variety of sectors has meant a surge in the number of highly-valued, as-yet unlisted companies. While conventional Unicorn lists show 30-35 names for India, our exploration reveals a 100 of them!” Credit Suisse’s India Market Strategy report said. A unicorn is a privately held startup company with a valuation of over $1 billion. At the Prarambh: Startup India International Summit on January 16, Prime Minister Narendra Modi said there were only four Indian startups in the “unicorn club” in 2014, which grew to over 30. With a rapidly growing economy, the market capitalisation of listed equities in India has risen, making India the eighth largest market globally, and only 7% away from being the sixth largest after the US, China, HK, Japan and the UK, the report said. “The number of listed companies with market capitalisation above US$1 bn has risen to 336 from 178 in 2010 and just 72 in 2005,” it added. The report titled “100 Unico...

Flipkart – An Indian e-commerce company, Flipkart initially focused on selling books online before diversifying into other product categories. The company is headquartered in Bengaluru, Karnataka, and incorporated in Singapore as a private limited company. Flipkart strengthened its position in the apparel segment by acquiring Myntra in 2014. In 2016, it also acquired online payment app PhonePe. Flipkart’s current valuation stands at approximately $37.6 billion. OYO Hotels & Homes - Founded in 2013 by Ritesh Agarwal, OYO initially comprised budget hotels, but later expanded into a chain of leased and franchised hotels, homes and living spaces. Over a span of 9 years, the OYO group has expanded to over 500 cities in India with 18000+ hotels and 270,000+ rooms. The company started its international operations in 2018 and offers services in Asia, Europe and America. OYO got listed as a unicorn company after it raised $800 million from SoftBank in September 2018. The company was valued at $9.6 billion in August 2021, when OYO raised $5 million from Microsoft. Dream11 – Founded in 2008 by Harsh Jain and Bhavit Sheth, Dream11 is a fantasy sports platform that hosts fantasy cricket, hockey, football, kabaddi and basketball. In April 2019, Dream11 became the first Indian gaming company to become a unicorn. Among the many feats, Dream11 boasts of partnering with International Cricket Council (ICC), Pro Kabaddi League and International Hockey Federation, in 2018. In November 2021, Dr...

Open, a neobanking platform for Small and Medium Enterprises (SME), has raised $50 million at a valuation of $1 billion, sources revealed to Moneycontrol. This makes it the 100th unicorn to emerge from India, marking a seminal moment for the Indian startup ecosystem. The Series D round was led by IIFL and also saw participation from existing investors Temasek, Tiger Global and 3one4 Capital. The round was majorly a primary raise, with a small secondary component. The company is also the 16th unicorn of 2022. The round comes just six months after Open raised $100 million led by Google, Temasek, Visa, and Japan’s SoftBank Investments. The compay's valuation post the last round was $500 million, and the valuation has doubled with this round. Moneycontrol was the first to report that Open will soon look at a follow on round to reach the $1 billion valuation. Also Read | Startups and Unicorns: We have met the enemy and they are us Founded in 2017 by former PayU and Citrus Pay executives Anish Achuthan, Mabel Chacko and Ajeesh Achuthan, along with Deena Jacob, Open focuses on small and medium-sized businesses by offering them a business current account. The account includes services like digital banking, payments, invoicing, and automated bookkeeping services. Anish Achuthan, Mabel Chacko and Ajeesh Achuthan are second-time founders and became a part of Citrus Pay and later PayU after their first startup Zwitch Payments was acquired by Citrus Pay in 2015. Open is also one of the...

• • June 8, 2022 PW (PhysicsWallah), an edtech platform, has become India's 101st unicorn after raising US$ 100 million in Series-A funding from Westbridge and GSV Ventures. Following the transaction, the company was valued at US$ 1.1 billion. So far, the company has been bootstrapped, so the series A funding is the first time outside investors have come on board. PW plans to use the funds for business expansion, branding, the opening of additional learning centres, and the introduction of new courses. PW currently has 5.2 million Play Store downloads, a 4.7 rating, and 6.9 million YouTube subscribers. PW is already planning to launch educational content in nine vernacular languages, including Bengali, Marathi, Tamil, Telugu, Gujarati, Odia, Malayalam, and Kannada, as part of its future growth plans. The core idea behind this step is to reach every corner of the country and connect with 250 million+ students by 2025. The firm looks to bridge the accessibility gap by opening 20 offline coaching classrooms, called ‘Pathshala’, across India. PW already has established more than 20 centres across 18 cities, with more than 10,000 students enrolled for the 2022-23 session. Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same. All material, information, data, images or content on this website is subject to copyright or other applicable intellectual property laws and no part of it can be reproduced in any...

• • • • Meet all the 42 unicorns born in 2021, the highest ever for any year Meet all the 42 unicorns born in 2021, the highest ever for any year Indian startups, from fintech, edtech, healthtech and even proptech, are becoming favourites of investors at home and across the world. Here's a quick lowdown of all the 42 unicorns that were born in India in 2021 Image: Shutterstock As of November 24, 2021, India has emerged as the third-largest ecosystem for startups globally. It has over 59,000 startups across 634 districts recognised by the Department of Promotion of Industry and Internal Trade. As per Invest India, the national investment promotion and facilitation agency, the Indian startup ecosystem has seen a 9x increase in the number of investors, a 7x increase in the total funding of startups, and a 7x increase in the number of incubators. In today’s dynamic economy, Indian unicorns are flourishing. At the time of publishing (December 31, 2021), India is home to 79 unicorns, with a total valuation of $260.5 billion. Out of the total, 42 unicorns with a total valuation of $82.1 billion emerged in 2021 alone, a record year for the country. 2020 and 2019 saw 10 and 9 unicorns, respectively. Bengaluru is India’s unicorn capital with the highest number of unicorns headquartered there, followed by Delhi (NCR) and Mumbai. Also Read: Here’s a list of all the 42 unicorns that were born in India in 2021: Pristyn Care - Became unicorn in December 2021Co-founded by Dr Vaibhav Kapoo...

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With Open becoming a unicorn, India now has 100 startups in the coveted club These 100 unicorns have collectively raised $90 Bn in funding and are valued at $333 Bn Inc42’s Unicorns Of India report decodes the journey of India’s most valuable startups After Games24x7 became a unicorn in March this year, everyone was waiting with bated breath to see which Indian startup would become the 100th unicorn. After more than a month, the Indian startup ecosystem achieved a major milestone, with Bengaluru-based neobanking startup Open becoming the The moment was long in the making. The Indian startup ecosystem has come a long way over the last decade or so. The unicorn journey began in 2011 when InMobi became the first startup of the coveted club. Ecommerce giant Flipkart followed soon, emerging as the second unicorn in the country. The aftermath saw a flurry of unicorns such as Mu Sigma, Ola and other startups attaining a $1 Bn valuation. After a couple of steady years, 2021 turned out to be a landmark year for Indian startups. Investors went ballistic as startups innovated and wooed them with their top-of-the-line solutions. The result was 42 startups turned unicorns in 2021. Another two listed ones – MapmyIndia and EaseMyTrip – also entered the coveted club. Announcing “Unicorns Of India” Report We at Inc42 have been tracking t he country’s startup l andscape for the past couple of years. As the Indian startup ecosystem celebrates the historic landmark of having 100 unicorns, we ...

3.3 Who are the investors of Physicswallah? Background: The 30- year old Businessman Alakh Pandey hails from Allahabad. He did his schooling at Bishop Johnson school and college. Since the 8th standard, he started giving tuitions. Though initially, he used to do it for financial reasons. But by and by, his interest in teaching grew so much that his parents appreciated his teaching skills. He taught at various coaching institutes and his teaching skills became outstanding. His way of teaching while interacting with students is what differentiated him from regular tutors. Though he dreamt of getting admission to IIT, things didn’t fall in place as expected as he couldn’t crack the IIT entrance exam. Then he joined Mechanical Engineering at an Institute in Kanpur but chose to drop out after 3 years. Having nowhere to go, he came back to Allahabad and started teaching at a coaching center earning only 5000 per month. Though the income was minimal, the fame was enough. He became famous for his interesting way of teaching and became a favorite of many. Being an academic as well as a drama lover, he joined both his skills to provide education with ease and interest. Later, he started his youtube channel and it changed his life forever. So now, it’s time to move forward with the success story of Physicswallah- The start of the journey towards ‘Unicorn’: Though In 2017, he left his job at the coaching center since he wanted to divert all his attention toward the channel. Though ini...