According to the Forbes 2016 list, there are 174 Unicorns out of which five are from India. In the finance field, Unicorn is a start-up that is valued at USD 1 Billion or more. These are NOT public companies, but rather private companies. The United States is, of course, the home of the most Unicorns, followed by China with thirty-four. India is tied with U.K. with seven Unicorns and beats countries like Germany, South Korea, Canada, etc.
So for the curious the companies that are Unicorn from India are:
Company | Valuation in Billions of $ |
---|---|
Flipkart | 15 |
Snapdeal | 5 |
Ola | 5 |
One97 Communications | 1.8 |
Shopclues | 1.1 |
Zomato Media | 1 |
Quickr | 1 |
SOURCE: http://fortune.com/unicorns/
Expect this number to double by 2020…