2021 could be the best year for Unicorns
3 years, 7 months ago

2021 could be the best year for Unicorns

Hindustan Times  

Unicorn companies are described as a privately held startup company with a valuation of over $1 billion. Paytm is India’s highest value Unicorn, seven more were added to the Unicorn list in 2021 In India, the top three Unicorn companies are One97 Communications, the ed-tech based Byjus, and travel-based Oyo rooms. The US has more Unicorns than India and China put together What makes Unicorns unique is the fact that they are able to attract large amounts of capital funding from venture capitalists. Data from the CBS Insights report shows that United States is the world’s best place for Unicorns to get investment followed by China and India. Between January and April 2021, 88 companies achieved Unicorn status in the US, making it the best year in history of US Unicorns.

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History of this topic

Six more unicorns added in 2024
4 days, 15 hours ago

Six more unicorns added in 2024

Deccan Chronicle  

Chennai: As the funding winter receded in 2024, the year saw 6 startups turning unicorns against two in 2023. After the funding winter in 2023, the startup ecosystem saw some respite in 2024 as six startups became unicorns. Platform to build Generative AI applications Krutrim joined the Unicorn Club in January after raising a $50 million Series B funding round. …

2024 Top 500 Unicorn Conference to kick off in Qingdao
6 months ago

2024 Top 500 Unicorn Conference to kick off in Qingdao

China Daily  

The 2024 Top 500 Unicorn Conference is scheduled to be held in Laoshan district, Qingdao, Shandong province from June 27 to 28. The 2024 Top 500 Unicorn Conference will be held in Qingdao, Shandong province from June 27 to 28 and will gather nearly 300 participants, aiming to promote exchanges, share insights, drive cooperation, and accelerate the rise of unicorn …

【双语财讯】2024全球独角兽榜出炉 中国以340家位居第二
8 months, 2 weeks ago

【双语财讯】2024全球独角兽榜出炉 中国以340家位居第二

China Daily  

胡润研究院9日发布的《2024全球独角兽榜》显示，全球独角兽企业数量达到1453家，中国有340家独角兽企业，总数位居全球第二，而美国则以703家独角兽企业位居第一。报告称，中国的独角兽企业主要分布在人工智能、半导体和新能源领域。 Led mainly by artificial intelligence, semiconductors and new energy, China developed 56 new unicorns in 2023, following the United States' 70 such firms, according to a global unicorn index released on Tuesday. 胡润研究院9日发布的《2024全球独角兽榜》显示，得益于人工智能、半导体和新能源的发展， 2023年中国新增56家独角兽企业，仅次于美国的70家。 The Global Unicorn Index 2024 is a ranking of the world's start-ups founded after 2000 that are worth at least 1 billion US dollars and …

2 Ningbo companies listed as unicorns
8 months, 2 weeks ago

2 Ningbo companies listed as unicorns

China Daily  

An electric car developed by Zeeker. Two additional companies based in Ningbo, Zhejiang province, have been recognized as unicorns, according to the Global Unicorn Index 2024 released by the Hurun Research Institute on April 9. The two companies, Zeeker and Rong Semiconductor, secured the 28th and 482nd positions on the list, with valuations reaching 92 billion yuan and 16 billion …

【双语财讯】2024全球独角兽榜出炉 中国以340家位居第二
8 months, 2 weeks ago

【双语财讯】2024全球独角兽榜出炉 中国以340家位居第二

China Daily  

胡润研究院9日发布的《2024全球独角兽榜》显示，全球独角兽企业数量达到1453家，中国有340家独角兽企业，总数位居全球第二，而美国则以703家独角兽企业位居第一。报告称，中国的独角兽企业主要分布在人工智能、半导体和新能源领域。 Led mainly by artificial intelligence, semiconductors and new energy, China developed 56 new unicorns in 2023, following the United States' 70 such firms, according to a global unicorn index released on Tuesday. 胡润研究院9日发布的《2024全球独角兽榜》显示，得益于人工智能、半导体和新能源的发展， 2023年中国新增56家独角兽企业，仅次于美国的70家。 The Global Unicorn Index 2024 is a ranking of the world's start-ups founded after 2000 that are worth at least 1 billion US dollars and …

18% of India’s total unicorns are founded by women, with 20 potential unicorns in the pipeline: Study
1 year, 9 months ago

18% of India’s total unicorns are founded by women, with 20 potential unicorns in the pipeline: Study

Live Mint  

With 28,000 active digital start-ups, India has a thriving ecosystem, but tragically, only 18% of them are female founders or co-founders. According to a collaborative research by TiE Delhi-NCR, Zinnov, Google, NetApp, and Indian Angel Network titled "Creating 10X Women Founders in India," one of the primary aspects that prevent women from establishing startups are the traditional stereotypes and prejudices …

India adds 1,300 new startups, 23 unicorns
1 year, 10 months ago

India adds 1,300 new startups, 23 unicorns

Deccan Chronicle  

Chennai: Over 1,300 technology-focused start-ups were added in 2022, taking the total number of active tech start-ups to 25,000 – 27,000. India also added the second highest number of unicorns in the world — over 23 in 2022. The country also added the second highest number of unicorns in the world, with over 23 added in the calendar year 2022. …

Data | Indian startups founded in 2021 took only 28 months to go from seed stage to Series A funding: RBI paper
1 year, 10 months ago

Data | Indian startups founded in 2021 took only 28 months to go from seed stage to Series A funding: RBI paper

The Hindu  

A recent article titled ‘What drives startup fundraising in India?’ was published as a part of the January 2023 issue of the Reserve Bank of India’s monthly bulletin. The article also points out that the number of months taken by startups in India to climb up the funding ladder has drastically declined in recent years. Only those entities which work …

Despite 'Funding Winter', Hurun Says 122 More Startups Can Become Unicorns in 4 Yrs
2 years, 5 months ago

Despite 'Funding Winter', Hurun Says 122 More Startups Can Become Unicorns in 4 Yrs

News 18  

Despite the ongoing ‘funding winter’ which can impact start-up valuations, the number of unicorns or startups valued at over USD 1 billion will grow by 122 to cross the 200 companies mark in the next four years, a report said on Wednesday. The number of unicorns stand at 84 right now as against 51 in the year-ago period, and there …

Indian cities rise in global start-up ranks, China’s ecosystems slip
2 years, 6 months ago

Indian cities rise in global start-up ranks, China’s ecosystems slip

Live Mint  

Several Indian ecosystems have risen in the global start-up ecosystem rankings, most notably Delhi, according to a report. Delhi is 11 places higher than in 2021, entering the top 30 for the first time at 26, says a report by Startup Genome, a policy advisory and research organization for public and private organizations. The performance of Chinese startup hubs is …

Indian startups continued to create wealth even during COVID: PM Modi
2 years, 6 months ago

Indian startups continued to create wealth even during COVID: PM Modi

The Hindu  

Noting that the number of unicorns in India has reached the 100-mark, Prime Minister Narendra Modi on May 29 said that even during the COVID pandemic, India's startups continued to create wealth and value. This means that even during the global pandemic our startups continued to create wealth and value," he said. Mr. Modi said the average annual growth rate …

Total 100 Unicorn Start-Ups In India Now But Only 23 In Profit: Report; Know In Details
2 years, 7 months ago

Total 100 Unicorn Start-Ups In India Now But Only 23 In Profit: Report; Know In Details

News 18  

With the country getting its 100th unicorn last week, Open, after it raised USD 50 million at a valuation of USD 1 billion, start-ups have so far raised over USD 80 billion from investors to date, creating a total market value of more than USD 300 billion. The year 2021 experienced a huge surge in the number of unicorns, registering …

India's Unicorn Boom Continues in 2022: 13 Recorded So far, May Touch 100 This Year
2 years, 8 months ago

India's Unicorn Boom Continues in 2022: 13 Recorded So far, May Touch 100 This Year

News 18  

This week India found its 13th unicorn of 2022, marking one of the country’s quickest rates of unicorn formation to date. The rapid development of unicorns this year—roughly one per week—indicates that the investment boom in 2021 wasn’t a fluke and that foreign investors who flocked to India last year are still interested in the country’s prospects, despite the global …

India has Created a Unicorn Every Five Days in 2022 So Far, Says Piyush Goyal
2 years, 10 months ago

India has Created a Unicorn Every Five Days in 2022 So Far, Says Piyush Goyal

News 18  

Starting 2022 on a high, 8 new Indian startups have made it to the list of Unicorns in the first 40 days of the year. Making the announcement on Twitter, Minister of Commerce, and Industry, Piyush Goyal revealed that India has created a unicorn every five days in 2022 so far. https://twitter.com/PiyushGoyal/status/1492377133209223169?s=20&t=_R1JER_Se3-eGa847O9vvw Earlier last month, Goyal, while speaking at the …

India has 83 unicorns with a total valuation of $277.77 bn: Economic Survey
2 years, 10 months ago

India has 83 unicorns with a total valuation of $277.77 bn: Economic Survey

The Hindu  

India had 83 ‘unicorns’ with a total valuation of $277.77 billion, as on January 14, 2022, according to the Economic Survey 2021-22 released by the Ministry of Finance on Monday. The year 2021-22 had so far been ‘an exceptional year’ for the primary markets with a boom in fundraising via initial public offerings by many new-age companies and technology start-ups, …

What explains India's unicorn boom in 2021?
3 years ago

What explains India's unicorn boom in 2021?

Business Standard  

About a week ago, an Indian startup founder quipped on Twitter that the definition of a ‘Unicorn’ as used in the venture capital industry should now change to $1 billion of funding raised. In a blockbuster year for startup funding, India saw creation of 42 unicorns, a three times jump from 11 new unicorns in 2020 and nine in the …

Over-valued unicorns in a distressed economy
3 years, 1 month ago

Over-valued unicorns in a distressed economy

The Hindu  

Early this month, the biggest-ever initial public offering in India fell flat on its face on the first day of its listing in the stock exchange, with shares being traded at prices less than 27% of the IPO price. An ecosystem which combines thriving digital payments, a growing smartphone user base and digital-first business models adopted by many start-ups has …

No more a myth: 30 startups join the unicorn club in 2021
3 years, 2 months ago

No more a myth: 30 startups join the unicorn club in 2021

Hindustan Times  

A decade since the birth of its first unicorn—InMobi, a provider of advertising services for mobile phones—India has proved that these capital-fuelled creatures aren’t so rare, minting 30 of them in 2021 so far. By 2025, the country is expected to host as many as 62,000 startups, including 100 unicorns, according to an October 2020 report prepared by TiE- Delhi, …

India becomes third largest Unicorn ecosystem in the world: Report
3 years, 3 months ago

India becomes third largest Unicorn ecosystem in the world: Report

Op India  

Hurun India released the Hurun India Future Unicorn List 2021 on September 2, 2021 which ranks start-ups founded in 2000s, with a worth of at least US$200mn, or INR 1,500 crores. This is a lost opportunity for India and it is important that these start-ups are incentivized to stay back in the country.” Source: Hurun Research Institute Anas Rahman Junaid, …

Indian unicorns double in 2021; regulatory scene forcing some startups to leave: Report
3 years, 3 months ago

Indian unicorns double in 2021; regulatory scene forcing some startups to leave: Report

The Hindu  

India added three 'unicorns' per month in 2021 to nearly double the overall number of startups valued at over $1 billion to 51 as of August-end, a report said on Thursday. Even as cumbersome regulations are forcing startups to leave India and settle in other countries where they enjoy better treatment, as per the Hurun India, which prepared the list. …

EXPLAINED: What Are Unicorns, And Why RBI Says They Are Bringing In A 'New Era' For India
3 years, 4 months ago

EXPLAINED: What Are Unicorns, And Why RBI Says They Are Bringing In A 'New Era' For India

News 18  

In its latest outlook on the ‘State of the Economy’, the Reserve Bank of India has noted that “debut offerings by Indian unicorns” show that a “new era has clearly begun” that could make 2021 “India’s year of the initial public offering”. Swiss-based investment bank Credit Suisse said that “against 336 listed companies with a ~$1 billion market capitalisation, there …

2021 appears set to be the best year for unicorns
3 years, 7 months ago

2021 appears set to be the best year for unicorns

Hindustan Times  

Unicorn companies are described as privately held startups with a valuation of over $1 billion. Paytm is India’s highest value Unicorn, 7 more were added to the unicorn list in 2021 In India, the top three unicorn companies are One97 Communications, the ed-tech based Byju’s, and travel-based OYO Rooms. CB Insights data shows that United States is the world’s best …

21 Indian Startups are 'Unicorns' Valued over $1 Billion, Just a Tenth of China's: Study
4 years, 4 months ago

21 Indian Startups are 'Unicorns' Valued over $1 Billion, Just a Tenth of China's: Study

News 18  

India is home to 21 unicorns, or startups with over USD 1 billion in valuation each, and 40 more of such companies have been founded overseas by people of Indian origin, a report said on Tuesday. With the 21 unicorns collectively valued at USD 73.2 billion, India is the fourth biggest in terms of unicorns, behind the US, China and …

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