Leader Biography
  • Home
  • People
  • Stories
  • Feed
No Result
View All Result
Leader Biography
No Result
View All Result
Leader Biography
Home Feed

India witnessed unprecedented growth of Unicorns in 2019; 6 startups join $1 Billion Club

2019 has produced over half a dozen unicorns so far

in Feed
0
startups
Share on FacebookShare on Twitter

An unprecedented growth of Indian startups has been recorded in 2019 as six companies reached unicorn status. Reportedly, 2019 has produced over half a dozen unicorns so far.

Contract management software platform Icertis is the latest to join the club. The company reportedly received $115 million investment last week. The funding round was led by the American VC firm Greycroft and Premji Invest, the family investment office of Azim Premji.

Delhivery, BigBasket and Rivigo are other interesting names which have become the part of the billion club of India this year.

In early 2019, Bigbasket raised $150 million by Mirae Asset Global Investments. Post investment, the grocery e-tailer valued around $1.2 billion. In March 2019, a prominent logistics startip – Delhivery raised $143 million from SoftBank’s Vision Fund to enter the unicorn club.

Radha Kizhanattam, Director of the United Ventures stated, “The state of today’s startup ecosystem has a lot to do with efforts of these early unicorns, startups which bore significant market development costs. Now add to this hugely favourable macro changes, capital supply and the maturing consumer, and you have a growing unicorn tribe.”

Dream11 being the only gaming startup to enter the unicorn club. Steadview Capital investment helped Dream11 to achieve a billion-dollar valuation earlier this year.

There is a long list of potential startups that are currently valued over $500 million. The startups are from different sectors including e-commerce, logistics and fintech as well as the content, social commerce and mobility sector.

Previous Post

Chandrayaan 2: Women spearhead India to success

Next Post

Sahil Barua

Leader Biography

Leader Biography

Next Post
sahil-barua-delhivery

Sahil Barua

Byju Raveendran, Founder & CEO - Byju's

Byju Raveendran

Byju Raveendran

Welcoming BYJU’s Raveendran to the billionaire club!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Reading

  • falguni nayar

    Falguni Nayar

    2480 shares
    Share 991 Tweet 620
  • Nykaa – Falguni Nayar’s baby at 50

    1081 shares
    Share 432 Tweet 270
  • Sahil Barua

    936 shares
    Share 374 Tweet 234
  • Sahil Lavingia

    675 shares
    Share 270 Tweet 169
  • Naveen Tewari

    657 shares
    Share 263 Tweet 164
  • Ian Frazer

    1017 shares
    Share 407 Tweet 254

About Us

Leader Biography provides you with a range of biographical references, and features the work of some of the leading minds in the business. These compelling stories will make you realize that one needs to be self-motivated in order to be inspired.

Follow Us

Featured Post

Success story of Li Ka-Shing – The Hong Kong-based ‘Superman’ billionaire

The ‘Carrie Bradshaw’ of India and the mind behind Mod Dotcom

An inspiring story of Sahil Barua, starting with a spark to establish a business of his own

Started with no house, UK’s youngest millionaire now rules the real estate

Nykaa – Falguni Nayar’s baby at 50

Kushal Pal Singh – Taking DLF from Rs 26 lakh to billion dollars in valuation

Rajat Khare Investor in Artificial intelligence and Deep Tech Domain 

Recent News

Leader Appoints: Flipkart’s Sandeep Patil joins Truecaller; Vodafone’s Arun Sarin joins Ola Electric

On Board Airbnb, Apple’s highest paid executive Angela Ahrendts spread wings on hospitality biz

Japan to live the OYO Life with Yahoo Japan Corporation

Promoting start-up ecosystem in Kerala: Centre invites start-ups for IT project worth upto Rs 1 crore

14 startups may bag $1 million post successful completion of YES SCALE

Cognizant buys Advanced Technology Group to expand consulting capabilities

  • Leader Biography
  • About
  • Advertise
  • Privacy & Policy
  • Research
  • Contribute Us
  • Contact Us

© 2020 Leader Biography. All Rights Reserved.

No Result
View All Result
  • Home
  • People
  • Stories
  • Feed

© 2020 Leader Biography. All Rights Reserved.

×