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How many Indian startups are unicorns now?
82 unicorns
Today, India has 82 unicorns with a total funding of over $38.4 billion (from 2014 till December 4, 2021), according to data provided by leading startups publication Inc42. India emerged as the third largest startup ecosystem in the world this year, after the US and China, according to Hurun Research Institute.
How many startups in India fail?
India has the third-largest ecosystem for startups, yet 80-90\% of Indian startups fail within the first 5 years of their inception.
Which is the fastest Indian startup to hit a billion-dollar valuation?
A B2B online market place, Udaan is considered to be the fastest Indian startup to hit a billion dollar valuation. The company was started in 2016 by three former Flipkart executives. Some of the big investors in Udaan are DST Global and Lightspeed Venture Partners.
Who are the biggest investors in Udaan?
Some of the big investors in Udaan are DST Global and Lightspeed Venture Partners. Another survivor in the food tech business doing very well is Zomato. In October 2018, Ant Financial put $210 million in Zomato which valued the company at close to $2 billion.
Who are the investors of the gaming Unicorn game platform?
The company raised $130 from investors led by US-based Viking Global Investors, Neuberger Berman and Atreides Management to hit a valuation of over $1 billion. The only gaming based startup to become a unicorn is fantasy sports platform Dream11. Steadview Capital’s investment earlier this year helped Dream11 to achieve a billion dollar valuation.
Is Pune’s Druva a unicorn startup?
The latest entrant to the unicorn club is Pune-based data protection firm Druva. The company raised $130 from investors led by US-based Viking Global Investors, Neuberger Berman and Atreides Management to hit a valuation of over $1 billion. The only gaming based startup to become a unicorn is fantasy sports platform Dream11.