Indian Startup Unicorns

Written by mind2markets.com

1. Unicorns are startup companies that are privately held or backed by venture-capital. 2. The value of the company reached above $1 billion.  3. The valuation of unicorns is not directly linked to their current financial performance, rather based on their growth potential as perceived by investors and venture capitalists.

India produce over 100 unicorns. The country has witnessed the rise of 20 Unicorn companies in 2022 alone.  Bengaluru produced highest number with 19 Unicorns, followed by Mumbai and National Capital Region produced 12 Unicorns each.

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Mamaearth, Nykka, Byju is among the other Successful Startup Unicorns that India produced

Startup Companies Turned Unicorn in 2021

Game24, Purple, Xpressbees, Shiprocket, Livspace, Drawinbox, Elasticrun, Open, Fractal, 5ire, Dealshare are among them

Startup Companies Turned Unicorn in 2022

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