What was for a better a half of a decade a trickle developed right into a stampede as virtually 39 startups achieved billion-dollar valuations this year. Here’s a have a look at all 39 Indian startups that joined the unicorn membership in 2021. San Francisco-based low-code platform Retool is increasing its presence in India with unique offerings because it sees large traction from IT service providers and startups alike. News of a possible Byju’s-Toppr deal comes at a time when India’s largest edtech startup is claimed to have signed a deal to accumulate Aakash Institute. As India reopens amid ‘hybrid regular’ and schools and colleges return to regular, edtech platforms see a big dip within the demand for on-line learning and some of such companies have either shut shops or fired staff in latest days. India has 250M students within the K-12 section and that is anticipated to the touch 335M by 2022 making it the most important K-12 market on the planet.
Has 10+ years of cross – functional experience across diverse sectors starting from Manufacturing, Human Resources and Education to Financial Services with main organizations like Sharekhan and Financial Planning Standards Board. Anu is currently the Regional Spoke- Western Region at Indian Angel Network dealing with the western area operations. IAN is India’s first and the world’s largest angel investor group with over 400 traders from 10 international locations, over a hundred firm portfolio and growing mfine bangalorebased 48m moore ventures unfold across 7 nations and 17 sectors. It has been labelled because the Top Funder in India and offering perhaps the very best returns to seed / early stage traders. Comes with a deep understanding of the entrepreneurial mindset and challenges confronted by the fast growing start-ups. Rahul Maroli is a enterprise leader with demonstrated capability of building businesses for profit, development and scale.
He is also the founding father of the “Innovation in Tech” working group at Tech London Advocates, India. After graduating from IIT Bombay in 2003, he began his career in patents at IRCC, IIT Bombay. At Metayage IP, Arjun has prepared and prosecuted hundreds of patent functions within the US and India. He has been a speaker at IP Conferences by CII, FICCI, LES, TiE, Global IP Convention, IP Leadership discussion board, and at numerous startup incubators and universities.
Of the promotions, 7 shot straight into the Hurun Global 500, changing into one of the 500 most precious corporations on the planet, led by San Francisco-based on-line marketplace for lodging Airbnb. Others embody Snowflake, e-cars Xpeng Motors and Chehejia, crypto exchange Coinbase Global, Unity Technologies and Palantir Technologies. With its personal on-line healthcare ecosystem, PingAn Healthcare Technology is essentially the most priceless at US$9bn, followed by Hangzhou-based WeDoctor (US$7bn). With a US$13bn valuation San Francisco-based AI-powered writing assistant Grammarly leads the business adopted by China-based SenseTime (US$12bn). The most dear FinTech unicorn is Ant Group (US$150bn), followed by funds platform Stripe (US$95bn) and Klarna (US$46bn).
Think Elevation Capital Growth Opportunities, a SPAC arrange by Elevation Capital’s Ravi Adusumalli and Think Investments’ Shashin Shah, is elevating $225 million through an IPO for Indian tech startups looking to list on Nasdaq. Vedantu has raised $100 million in a new funding round led by Temasek-backed ABC World Asia, catapulting it into the unicorn membership. Tiger Global, Dragoneer, Steadview Capital and General Atlantic have purchased $50 million Unacademy shares from current buyers to extend their stake in the edtech startup. Freshworks has turn out to be the primary Indian software products company to list on Nasdaq, raising more than $1.03 billion from investors through its initial public offering at a market cap of $10.13 billion. Bhavin Turakhia — who made his first ever startup funding — and existing investor Dragoneer collectively put in $10 million in Unacademy’s $440-million funding spherical, CEO Gaurav Munjal says.
X is the innovation lab the place some of Alphabet’s most vital tasks happen, corresponding to graduated initiatives Google Glass and self-driving automotive firm Waymo. With $689 Mn invested during the first 4 months of 2021, the sector has already raised 30% more funding than 2020. A ‘disease fighting’ superfood from India can management a $7-billion global market. Startups are anticipated to scale and broaden in 2021, especially with the ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives promoting entrepreneurship in a big way amongst young aspirants.
He career contains leadership roles in Teneoris Networks, Ishoni Networks and Multi-Tech. He is an engineering diploma holder in Computer Science from Mysore University and is a constitution member of TIE Bangalore. Pranav leads business improvement for a fourth generation family-run real estate investment and advisory focused company. His core areas of interest and expertise are sports, advertising and realty tech.
The whole value of all biotech unicorns involves US$70bn or simply beneath 1.9% of the total. Guangzhou-based attire retailer Shein and Indonesia’s J&T Express lead the trade with US$20bn valuations, adopted by Beijing-based Cars with US$10bn. Top SaaS companies are Australia based mostly Canva (US$40bn) is amongst the most valuable software startup followed by Shanghai-based Xiaohongshu (US$20bn) and San Francisco-based software startup Airtable (US$12bn).