In the first four months of 2021, 11 companies came unicorn status of at least $ 1 billion in damages, according to the data we Tracxn platform. The five startups that hit the milestone in April alone. By comparison, in the 2020 they were about 13, 10, and in the parts of India, 2019. The subject of the Over the wealthy men, the leaders of the tech which is swelling rapidly as a result.
These companies are not only increasing their money than ever, but they’re not doing well as a record-breaking clip. And some of India’s most successful startups – Flipkart and the Zomato – are reportedly exploring potential listings this year. Zomato declined to comment on Flipkart and I will not answer to them.
“Not to go into Indian startups are funding a boom. But you do not need to be on business models that make a lot of money to survive,” said Radhika Gupta, CEO of Edelweiss Asset Management Limited. “Even Google, Amazon, or can be, not numbers alone can not survive the competition.”
First the good news
It was an object of hatred in the mean time has went on to encourage pandemic in The majority outside the cities, the people, the money to spend online, the velocity of the digitization And the more business opportunities opening in technology organizations.
He found that the venture capital firm takes the time to $ 1 billion for a tech startup valuation has shrunk dramatically, from 2.4 years to about 15 years in 2005, in 2016 and 2017.
Luxoriosam the risk of perishing
Some experts, though, in the point that the money you are bringing out a search, in the field of investment firms started to be great.
“And give in to capitalize on company-1.5 2 times the necessary amount of times, “said Amit Ranjan, co-founder of the presentation-sharing service SlideShare. And now it’s working on the right project with the Indian government said DigiLocker locker.
“It is only through this competition to bludgeon,” Ranjan told CNN Business.
However, Rehan Yar, the chance to associate managing rises Venture Partners, does not see the inflow of money as a “big worry.” In truth Even big companies need amounts of capital to capture the market’s huge potential of India.
He referred to PharmEasy, an online firm, that by the example of others. The first song investor in the firm that is before this year is a rhinoceros.
‘E-prescription is not covered only 3% of India’s market, “said Kan.” … then it will naturally increase more money. ”
Yet another headache considered. If it comes from a unicorn and on-funded fizzle before its exit plan?
Indian-tech firms do not hold on only a handful of these two you have a reality in recent decades, one can take away from the listings. And worth more than $ 1 billion tech startup is not lost to the public.
“By inflating the private market valuations are postponing your ability to market to the public,” said Karthik Reddy, co-founder of venture capital firm Blume Ventures. he He believes Indian firms have to think about faster initial public offerings more And then how to build sustainability startup ecosystem.
“We do not have big tech acquirers, and thither ye can not come; so now I will wait upon thee to buy from the Walmart, the biggest soccer, all the time, “she added.
The same is He, and the year?
There are huge murmurs in the Indian tech circles about the upcoming exits. Reddy recalled that football is capable of not only its 2021 funding boom, but also in keeping the industry in a cultural shift.
“It will unleash its India tech firms in the public market,” he said. “Now that Indian citizens were hardly any exposure to the wild-boom”.