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Unicorns In India Creating History

India has 70 unicorns today, more than 40% of which got created in the last 9 months. 90% of these unicorns are less than 10 years old, 70% of which are less than 5 years old.

UPI, India’s cashless payment ecosystem does more than 50% of all real-time payments volume in India, about 45 Billion payments worth $100 Billion in value annually, launched just 5 years back. Visa and MasterCard are both about 70 years old do < 10%, combined.

Zerodha, India’s biggest stock trading app has ~61% of its users under the age of 28.

India has 100 million crypto accounts, the highest in the world, next is USA with 27 Million. Half of them have never traded equity.

A Decacorn is a company valued at over $10 billion.

India’s FoodTech has 2 decacorns, at least 3 privately valued unicorns, more getting funded and growing every day.

Indian-funded EdTech is probably valued at over $100 Billion dollars today, if not more, growing at 25-35% every year.

India’s D2C ecosystem has multiple unicorns, very soon we will lose count in this space.


Between Cred, BharatPe, and RazorPay, India’s private fintech infrastructure is sorted. All multi Billion unicorns. The average age of which is about 5 years.

Indian SAAS has both privately owned and privately funded decacorns, growing and starting up like never before, from India’s largest and small towns alike. FreshWorks recently debuted at $13 Billion in Nasdaq.

India’s E-commerce market is growing at 30%+ almost every year, assumed to be at $ 100 Billion in value soon, private valuation of incumbent players is probably way more $250 Billion.

India’s electric vehicle market is appreciating in triple-digit percentages, in both business and consumer use cases. Ola Electric is said to be raising at $5 Billion valuations. It is 3 years old.

India has 238 Billionaires this year, it had 58 last year. The youngest of which is 23 years old, 15% or 3 years younger than the one last year, is of course a technology entrepreneur.

Byju’s Raveendran and family is worth at least $ 3.5 Billion dollars, who started the tech version of Byju’s in 2011, is richer than Anand Mahindra, whose company started in 1945.

PharmEasy, a MedTech startup that started less than 7 years back, bought India’s largest diagnostic company that started 25 years back, in my mind will be India’s first decacorn IPO from Medtech space in India.

Nykaa was founded by Falguni Nayar, Nykaa IPO is opening soon and following that PolicyBazar. PolicyBazaar All Set To Be First Indian Unicorn To Make Stock Market Debut. Online insurance aggregator PolicyBazaar’s co-founder Yashish Dahiya told Bloomberg that the startup plans to raise $250 Mn in a round of financing at a valuation of $2 Bn, before issuing its initial public offering (IPO) in September 2021

Unicorn in India is going to create history.


Are you going to watch by the sidelines as India becomes what it always wanted to be or will you join the people who are changing how India and the world operate? Doesn’t matter if it you are a founder, investor, or employee.

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