Indian Startup Unicorn 2020-India first Angel network which not only helps in funding but also helps to accelerate business growth

 


 Indian Startup Unicorn 2020-India first Angel network which not only helps in funding but also helps to accelerate business growth

Let’s start by understanding what a Unicorn is before we discuss which startups are boon or unicorns of 2020. A Unicorn is a mythical creature, something so amazing who is hard to even catch or simply very rare to find. Hence, when we denote Unicorn to a Startup it’s a business that held value at 1 Billion USD, this term is coined in 2013 by VC Aileen Lee.

There are 11 Indian companies/ Startups which have gained the value of Unicorns in 2020 because of their growth aspect, performance, and leadership qualities.

Startups starting from Unacademy, followed by Pinelab, Firstcry, Zenoti, Nykaa, Postman, RezorPay, Cars-24, Daily Hunt, DailyHunt, and last but not least Zerodha.

Where Unacademy is an Edutech application helps students or we could say learners to learn new subjects. It not only covers the syllabus for school students but even for well-renowned examinations like JEE- Mains, JEE- Advanced, NEET, NET, and GATE, etc…

Pinelab is India based card swipe machine, it is most likely that you see Pinelab when you are using your debit or credit card. Though it was incorporated in Singapore its key investors are Sequoia India, Mastercard, Actis Capital, Termasek, PayPal, and Sofina. Whereas RazorPay is the fastest growing online payment platform, it had made its way into the market because of its access through credit and debit cards, UPI, and popular mobile wallets, and easy-access facilities.

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