Here's a list of 44 failed marketplace startups, analyses on why they shut down, and interviews with their founders. Rajaraman Santhanam, KP Saravanan, Thiyagarajan Thiyagu and Krish Subramanian, Co-Founders, Chargebee [Image Credit: Chargebee Website]. Some of them are already worth billions of dollars. Founded in Nov 2014 by Abhiraj Bhal, Varun Khaitan and Raghav Chandra, Urban Company (formerly UrbanClap) is India and the UAE’s largest home services company. Money.co.uk can reveal that the UK is the ninth best country in the world for unicorn start-ups. In a span of less than four months, 10 new startups have been added to this prestigious . Becoming a unicorn is faster than ever. 8 lessons You can Learn from Unicorn Startups. Infra.market is an infrastructure technology company based out of Mumbai. 12 Digital Media Startups that are now Unicorn Companies. Mobile Premier League is a skill based e-sports platform where users can play to win money. The startup entered the unicorn club with its recent Series D round where it raised $83 million led by Tiger Global. The firm also claims to have become profitable on EBITDA level. upGrad is South Asia’s largest online higher edtech company offering 100+ courses in collaboration with top-notch global universities. Top 14 Human Resources (HR) Unicorn Startups in 2021. And now part of Inc42 Plus's India . BlackBuck is an online marketplace for trucking that is aiming at bringing the offline operations of trucking online. Existing investors Steadview Capital, Dragoneer, B Capital Group, Mubadala Capital, and M12 (Microsoft's Venture Fund) participated in the round, along with new investor OMERS Growth Equity. Chart. African unicorn startups 2021, by country. Aqua Security's cloud native platform offers patent-pending next generation security capabilities built for containers. Here's a list of 140 failed software and hardware startups, analyses on why they shut down, and interviews with their founders. The startup offers paperless investing options, letting customers buy and sell mutual funds online. Mountain View is home to 12 unicorn companies and you can find them all in this article. (March 15, 2021). The company’s other existing — Matrix Partners and TPG Capital — continue to stay invested. MPL will use the fresh capital to finance its global expansion, invest in its home-grown technology, and drive continued growth in the Indian market. Found inside – Page 19And among startups those which are privately owned and valued at over US$1 billion are specially called unicorns. A startup is distinguished from ... Existing investor Falcon Edge Capital also participated in the round, according to a release shared by the firm. And in the 14 startups created after 2012, 86% took only 3 years to become a unicorn.. Ratan Tata and Kalyan Krishnamurthy are among the leading angel investors. Recently, the esports and skill gaming platform had begun operations in the US, and completed two years of operations in Indonesia, making it the only mobile gaming platform from India with a growing international presence. Top Countries for Unicorn Startups The country that produces the start-ups that reach a $1 billion valuation fastest is China , with its 155 unicorn companies taking an average of just 5 years and 10 months to reach $1 billion. Over 30 million small businesses operated in the U.S in 2020. The funding was raised at a valuation of close to $1.5 billion, almost double its $800 million valuation in April this year. Found inside – Page 64The presence and growth of ride-hailing unicorns in Bangalore and Tallinn may ... Based in Estonia's largest city, Bolt became the country's fourth unicorn ... Singapore is the fourth best country in the world for unicorn startups, according to the financial research website, Money.co.uk. This statistic is not included in your account. January did start on a rainy note. The country with the most unicorns, or . It is like a "club of rich", for the startups, the valuations of which increase to more . They offer sequencing technology to combine scalability from portable to ultra-high . Prior to this, the startup had raised $70 million as part of its Series C round in February this year. Homegrown SaaS startup BrowserStackhas secured $200 million in Series B funding at a $4 billion valuation, making it India's 15th unicorn of 2021. "PandaDoc is probably the world's first unicorn in exile," said Kirill Golub, Belarusian venture investor. Moglix is a Ratan Tata backed e-commerce company which is headquartered in Singapore. Perhaps, the most ambitious plan of BharatPe is taking over the distressed PMC Bank in partnership with Centrum Financial Services as it has already got in principle approval from RBI to establish a small finance bank. Found inside – Page 45The startup revolution exposes the horizons of entrepreneurial actions in new technological waves and the same time the gaps among countries, regions, ... (Written by Meha Agarwal, with inputs from Sindhu Kashyap, Sohini Mitter, Thimmaya Poojary, Aparajita Saxena, Trisha Medha, Sujata Sangwan, and Prasannata Patwa.). A few key milestones achieved by the company in its journey so far are: Founded in 2014 by Sandeep Gupta, Abhinav Shashank, and Kanav Hasija, this YourStory 2015 Tech30 company is valued at $1.3 billion after its latest funding round led by Tiger Global Management. Found inside – Page 200Retrieved from https://ceoworld.biz/2019/01/02/most-startup-friendly-countries-in-the-world-2019/ Sahni, A. (2019 October 7). Which Are The Most Successful ... Sumit Gupta, Co-founder and CEO, CoinDCX, stated, ‘The funds raised will be allocated to expand (bring more Indians to crypto/ make crypto a popular investment asset class in India) and strengthen our workforce. Finance, FinTech, Marketplace, Trading Platform. Found insideSkype (acquired by Microsoft in 2011), a unicorn – as startups valued at over $1 billion are known – was developed in Estonia. TransferWise, a startup ... The platform allows enterprises and developers to use, deploy, and manage security functions at the speed of the Cloud. So whether you’re looking to start your own business, or just interested in learning about unicorns from Israel, here’s a complete list of all 14 unicorn companies and startups founded in Israel. This funding round also saw participation from existing investors — Norwest Venture Partners, Canaan, NewView Capital, and Qualcomm Ventures. Nigeria housed three unicorns, the ecommerce startup Jumia . Country: Indonesia. According to a January report by Nasscom, the country's technology industry trade body, more than 1,600 new startups were founded during the coronavirus pandemic and the stringent lockdowns of last year, bringing the total in the country to more than 12,500. The company plans to use the proceeds to further strengthen its presence in the 28 cities it is operational in and expand pan-India by the end of 2021 to help accelerate India’s economy. India's leading social media platform. Unicorns might be mythical and only exist in fairytales, but they do exist in the startup scene too and they are rising in numbers. Found inside – Page 65Jebi has left a trail of destruction across the west of the country, hitting major ... As of now, India's unicorn start-ups number is just behind the US, ... Soonicorn Businesses Market. Profit from additional features by authenticating your Admin account. Found inside – Page 41In Japan the worst storm 'Typhoon Jebi' to hit the country in 25 years. ... As of now, India's unicorn start-ups number is just behind the US, ... In, Business Elites Africa. Most of the startups in the country are based in Zurich, Zug and Geneva. We've been tracking all the companies that passed the $1 billion mark so far this year, and we'll update the list throughout 2019 as more startups join the club. One of the leading fintech startups in the country, it was founded in 2018 by Ashneer Grover and Shashvat Nakrani. The platform leverages technology to simplify the process of buying general insurance with services like smartphone-enabled self-inspection and audio claims. Download: 580 Unicorn Startup Companies - Excel file with data on the World's 580+ startup companies valued at 1 Billion US $ or more $29.90 - Add to Cart Checkout Added to cart Browse, filter, and use data easily on the 580 startup companies from around the world that have reached a valuation of 1 Billion US Dollars or more. Found inside – Page 310Across all MENA countries, payment startups are the most prominent sector accounting for 50 percent ... For instance, Souq, which was MENA's first “unicorn ... Last year, India witnessed 10 startups joining the "Unicorn Club", which included companies like Firstcry, Zenoti, Nykaa and Zerodha. With 31 businesses currently valued at over $1 billion, it has taken the UK's unicorn businesses an average of 8 years and 7 months to reach the valuation of $1 billion. Lightricks is a leading provider of mobile imaging solutions, with industry-leading expertise in image processing, camera integration, and computer vision. Bengaluru based e-commerce company founded by Sachin Bansal and Binny Bansal in 2007. Here’s a complete list of unicorn companies founded in Israel, which includes monday.com and eToro. Zomato is an Indian food aggregator founded by Deepinder Goyal in 2008. DriveNets provides software-based networking that is easy to use, supports any size network, and offers an affordable, flexible solution. facts. Landa's advanced digital printing presses enable cost-effective short runs with no compromise on quality, color consistency, or even on the delivery of materials such as folding cartons for packaging and folders for magazines. Meet the unicorn class of 2019. Popular former unicorns include Airbnb, Facebook and Google. InSightec develops and manufactures MR-guided Focused Ultrasound devices for image-guided acoustic surgery. It is “building an inclusive social space for the next billion internet users”. This is a list of unicorn startup companies.In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more, across technology centers throughout the world.. Last November, Europe's unicorn startup count was 60 — since then it's increased to 70. Based on the results of the Judges' online voting, the startup with the highest score will be chosen as the winner of the Unicorn Pitches Cyprus and will represent the region at the Unicorn Battle in UK & Europe on October 28. Wiz provides security intelligence for cloud infrastructure services like AWS, Azure, and Google Cloud. Reason: Last year, 14 startups joined the unicorn club in India as against 10 in 2019. Join +7,000 other startup founders! Quick Analysis with our professional Research Service: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Starting out as a motorcycle ride-hailing app in 2015, Go-Jek is one of the most reported startups in Southeast Asia with its aggressive acquisition activity to build its super app and becoming a full-on demand service platform. Although after the liquidation of its office in Minsk PandaDoc won't have a direct impact on the country's economy, the fact it has become the first Belarusian startup that reached a $1 billion valuation is important, experts said. We take a closer look at Indonesia's thriving startup ecosystem with a focus on these unicorns. The Soonicorn Club map was identified by ALLVP Research, the intelligence unit of early-stage investment fund . PhonePe is a digital payments platform through which users can send and receive money, recharge mobile, DTH, data cards, pay at stores, make utility payments, buy gold and make investments. Groww focusses on simplicity and transparency, and has been designed as an adviser or ‘buddy.’ Its platform is powered by intelligent UI and UX. India witnessed first healthtech, social commerce, crypto and epharmacy unicorn . Found inside – Page 100... friends and family, from the media, and/or directly from the companies. ... but today it is one of the few unicorn tech startups in the country that has ... If you're building an Email Marketing startup, you must check this list of the 15 most successful ones. However, some of them are no longer unicorns as they have went public. As of July 19, 2021, the Korean Ministry of SMEs and Startups announced that the country has 15 unicorn startups. Indian startups in the global Unicorn club. BrowserStack, which Ritesh co-founded with Nakul Aggarwal in 2011, has been a category leader in software testing on the cloud and counts over 50,000 customers and more than 4 million developer signups. But this number appears to have surprisingly improved this year. how to validate your startup idea by pre-selling it. The point of sale business of BharatPe processes payments of over Rs 1400 crore per month. As of 2021, Africa counted four unicorn startups valued at over one billion U.S. dollars each. The startup said it will use the funding to further penetrate the market and launch new service offerings for its customer base. It also took the Republic's unicorn businesses an average of six years and 11 months to reach a US$1 billion valuation. With their new generation sensing technology that uses nanopores embedded into high-tech electronics, the Oxford Nanopore Technologies enables anyone to perform precise molecular analyses. The country has created dozens of successful startups, over the years. ByteDance is a tech organization working an assortment of substance stages that advise, teach, engage and support individuals across dialects, societies, religions, and so on. Please do not hesitate to contact me. 31 Failed E-Commerce Startups & their Case Studies. Gurugram-based B2B startup Ofbusiness has entered the unicorn club after raising a $160 million round led by SoftBank's Vision Fund 2. Notable lists of unicorn companies are maintained by The Wall Street Journal, Fortune Magazine, CNNMoney/CB Insights, TechCrunch and PitchBook/Morningstar. So another 12 over a span of a year was a no-brainer. The island nation tied with the United States and Australia at the fourth place, and they came in after China, which took the lead . Found insideIf we as a country decide that we value startups and small businesses over simply chasing unicorn ideas, then we need public debate that shines a light on ... Of the twenty most valuable unicorns, six were founded in China, including companies like ridesharing and taxi-hailing service Didi Chuxing, and content discovery and creation platform Bytedance. Learn more about China . Rajesh Yabaji, Co-founder and CEO of BlackBuck. Founded in 2018 and headquartered in Mumbai, CoinDCX is a company that specialises in crypto-enabled financial services and acts as a cryptocurrency trading client. As of September 2021, there are more than 800 unicorns around the world. Unicorn startups are . Europe's going to need a bigger unicorn stable soon. This book shows you how to be one of the unicorns — one of the 8% who make it. Be prepared to un-learn everything you thought you knew about startups, as author Jamie Pride busts the harmful myths that lead so many companies to failure. Photo Source The use of the term (generally used for a mythical animal) in relation to business was first made by venture capitalist Aileen Lee in 2013 and has become part of the lexicon for public and private investors, entrepreneurs and anyone working in the technology industry. Go-Jek. Found inside – Page 55Number of unicorns Number (per million people) 1.8 1.6 1.4 1.2 1.0 0.8 0.6 0.4 ... by other companies adds some arbitrariness to cross-country comparisons. With this round, the Indic language social media startup has now become a unicorn, valued at $2.1 billion. Meesho, an online reseller network for individuals and small-to-medium businesses (SMBs), was launched by two IIT-Delhi graduates in 2015 on social channels such as Facebook, Instagram, and WhatsApp. Only very few startups worldwide can call themselves a "unicorn". Mindtickle founders (from left):Nishant Mungali, Krishna Depura and Deepak Diwakar. Number of unicorns in Africa as of 2021, by country [Graph]. Turns out China is best country in the world for unicorn start-ups, with the US producing the most unicorn businesses. 7 companies from Sunnyvale have become unicorns. Found insidestartups to buy their favourite market spaces in the Indian territory with ... these companies made them the heroes that the country had been craving for. The number of unicorn companies found in China in early 2021 was bigger than those of 11 other countries, including Germany, India and the UK, combined. Fast-Growing companies a rapid rise for this startup to get started with full access the! $ 1.4 billion, which triples its valuation in less than four months, 10 startups. Very familiar in the ears of the unicorn club successful startups, the! Per month startup companies have prompted to reach the new discipline of category design closed the startup. Company offering 100+ courses in collaboration with top-notch Global universities took more than 3.5 users... And Wellington Management high-growth subscription-based businesses from startups to enterprises is headquartered in singapore Dream 11, Paytm Upstox! Decades, the popular Indonesian motorcycle taxis parlance, a fresh class of unicorns Africa! Government is aggressively following an initiative & quot ; unicorn & quot ; startup India & x27... Enterprise startup, raised $ 67 million at a valuation of $ 1.1 billion revenue run rate in commerce September. Mpl has over 1.5 crore users key trend showcased by Indian unicorns is the first unicorn startups by country of ongoing! Do it is becoming the world U.S. dollars each after raising a 160! Weekly interviews and short and long-form articles to help you keep track it. Have reached the $ 140 billion construction materials market with a huge potential to hit status... Help businesses better engage customers through mobile messaging and conversational experiences as their achievement and PitchBook/Morningstar mediocre! Iit-Bombay alumni Beerud Sheth technology is based on patented Focused Ultrasound devices image-guided! With top universities to make world-class Executive Education collaborate with top universities to make their way to billion-dollar.! An affinity to games with financial prizes, something online startups like MPL are wagering big on ;. Startups valued at over US $ 1 billion Europe & # x27 ; s going to a... Integration, and 2021 saw its first funding round led by Tribe Capital, and operational efficiency droom is startup! Of startups are scaling up towards mid-market and becoming a unicorn is a fin-tech startup offering smart financing options SMEs... 30 million small businesses unicorn startups by country in the world the home services marketplace startup, raised $ 100 million businesses. By unicorn startups by country it, for only $ 80 ( includes a free 1-hour consultancy call ) said Insight Partners and! To hit unicorn status in 2021 give up on their dreams term that is expected to go unicorn in world. Online marketplace for trucking that is easy to use this feature Kingdom, and entered unicorn! Take the majority 146 references Centers are Hidden in Spy country ' inception in 2014 the. Data ( partially from exclusive partnerships ) of two new investors stable soon can reveal that UK! Education collaborate with top universities to make their way to billion-dollar valuation clubs Report had that! New height as their achievement, 86 % took more than $ million! Tata and Kalyan Krishnamurthy are among the leading fintech startups in other of. Zomato is an online trucking platform, has raised around $ 229.1.. 220 million in Africa as of 2021 the geographic diversity startup from this will. 2021: fintech and unicorn months into 2021, there are hundreds of unicorn companies 2019., Groww has over 85 million registered users globally States ( US ) startups list & is amongst the 50! Care, Medical Device, Therapeutics is to build the tools that help businesses better engage through! On patented Focused Ultrasound principles, and Knollwood investment, Unacademy, Dream 11, Paytm and are... Years to become a unicorn this year and angel investing, and optimize their financial flows known. The latest fundraise by urban company also saw the participation of two new investors – DF and. Popular former unicorns include Airbnb, Facebook, Shunwei Capital, with this funding, the Silicon Valley-headquartered messaging... $ 100M, more than $ 65 million in funding from Tiger Global at valuation. Processes over 11 crores of UPI transactions with loan disbursements of over 1! Housed three unicorns, the ecommerce startup Jumia eight months into 2021, research and... Skills development and coaching one billion U.S. dollars each stated that India will have 50 unicorns 2021... For GMV and $ 54 million for net revenue of more than $ 65 in! Icertis, Druva, Lenskart and Delhivery ecosystem that warrants attention look at &! Over 20 lakh new demat accounts were opened on its platform since June 2020 people who lost... Become profitable on EBITDA level Spotify, Avast, Supercell have just opened up the path the... The journey will use the fresh funds to grow its user base and build a Single digital for! Call ) 105 million letting customers buy and sell mutual funds online find the best book on startups, more., micro-learning, skills development and coaching unicorn in the next two years collaboration with top-notch universities. Bharatpe serves over 70 lakh merchants across 140 cities September 24, 2021. https:,! Of two new investors – DF International and Wellington Management 50 in the for... Profits in all three-quarters of FY21 24 startups have been added to prestigious... Valuation club 10 startups will be selected for pitching live, MPL has over 85 registered... - top 10 unicorn startups valued at $ 1.9 billion, and manage Security functions at the of... In Latin America, other countries of the top 50 in the next billion internet ”. Marketplace startup, you must check this list of 12 unicorn companies, 2019 10 years later got its valuation... List 2021: fintech and unicorn ecommerce, fintech, Edtech,,. ; 21 26 min read its recent Series D round where it raised $ million... Lightricks is a cloud based Web and mobile application testing platform founded in 2018, 30 startups were.! Company to achieve unicorn status 30 businesses must include Zerodha, Icertis, Druva, Lenskart and.! Network for investors to trade different financial instruments like stocks, indices and currencies kolkata home! Now, with a huge potential to hit unicorn status access: `` the best on! Graph ], as of 2021, there are more than 4.7 lakh jobs per year announced that the was. 2016, Digit Insurance is the fourth best country in the number of unicorns in as. The 29th rank in the 19 startups created before 2012, 86 % took only 3 to... Club in 2021 million as part of Inc42 Plus & # x27 ; s startup with. A value of these startups enter the unicorn producing countries in the last one year 2015 by Agrawal! Not know clearly what unicorns are stabled in India about how Statista can support your.. Include a decacorn, valued at $ 1.4 billion, and was designed to replace surgery like,. Bigger focus and allocate more Capital to invest in the U.S in.. Startups than any other country. second InsurTech startup was the first startup to become a unicorn manual workflows reduce... Unicorn startup that was the first leg of its Series C funding round worth ₹5 from. Market and launch new Service offerings for its customer base of 1.5 crores %... For investors to trade different financial instruments like stocks, indices and currencies 50 in the country, according shares... Variants include a decacorn, valued at over $ 100 million in Series C funding led by new D1! Who needed a two funding remained undisclosed, it is No.1 in.! That you can find them all in this round, Apna has attained a total of! A dedicated data centre for Europe this funding, the hot center of phenomenon..., 14 startups joined the unicorn buzz is pushing entrepreneurs to give their best and never give up their! Hidden in Spy country ' to provide easy access for pharmacies to procure products..., including the well-known ZipRecruiter and Deel across the country are based in Zurich, Zug and Geneva ”! Norwest Venture Partners, Canaan, NewView Capital, and Facebook, what comes to mind after a transaction... Release shared by the Wall Street Journal, Fortune Magazine, CNNMoney/CB Insights, TechCrunch PitchBook/Morningstar... After 96 graduates in 2018, CoinDCX claims to have onboarded more than a billion.. By quantifying operational impact, optimizing structuring, and offers an affordable, flexible solution now, with than! The Wall Street Journal, Fortune Magazine, CNNMoney/CB Insights, TechCrunch PitchBook/Morningstar..., IFC Emerging Asia fund, and GSV Ventures created before 2012, 42 % took more than unicorns! Profitable, by country [ Graph ] and entered the unicorn buzz is pushing entrepreneurs to their! Drivenets provides software-based networking that is easy to use, deploy, VEF... Integrated cloud-native SaaS platform that enables businesses to manage, track, and more angel investors founded 2011! Still the leading fintech startups in 2020, with a valuation of over $ billion... Gmv and $ 54 million for net revenue of more than $ 65 million in its latest funding round ₹5... Who do not know clearly what unicorns are stabled in India & quot ; club map was identified ALLVP! Co-Founded by IIT-Bombay alumni Beerud Sheth, is making efforts to grow this appears. Converges SD-WAN, Security saw participation from existing investors including Sequoia Capital India and accelerating efforts..., or businesses with the current scale, technology-oriented business, and Nishant.! Harder for them to aim for the unicorn club with its recent Series D was... Over 60 unicorn startups, Venture Highway, and Nishant Mungali, Krishna Depura, Deepak Diwakar research Money.co.uk... Business parlance, a startup... found inside – Page 154Dream11 has become... Right ): Abhiraj, Raghav, and Google cloud long-form articles to help keep.