Key Highlights
- Hurun Report Inc. was established as a analysis unit in 1999 by British accountant Rupert Hoogewerf.
- Hurun analysis has discovered 586 Unicorn startups on the planet. Out of which, 61 are of Indian Origin.
- Paytm has change into India’s highest-valued startup with a complete valuation of US $16 Billion.
- As per the report, one-third of Indian Unicorns conduct enterprise within the e-commerce sector.
Within the month of August 2020, The Hurun Analysis Institute launched the Hurun International Unicorn Checklist 2020, a rating of the world’s billion-dollar tech ‘start-ups’ based within the 2000s and never but listed on a public change.
Hurun Analysis discovered 586 unicorns on the planet, primarily based in 29 nations and 145 cities.
As per the Hurun officers, India formally has 61 unicorns, however solely 21 are headquartered in India, with the remaining began up by Indians abroad.
11 Indian startup corporations have taken the spots within the Prime 10 Indian Unicorn ranks the place some are sharing the place with one other.
10. Udaan
Udaan is a B2B commerce platform that brings producers, merchants, retailers, and wholesalers right into a single platform. The corporate was based by former Flipkart executives Amod Malviya, Sujeet Kumar, and Vaibhav Gupta. Udaan’s internet price has been reported at $2.5 billion bringing it within the record of prime 10 most valued startups in India.
10. BigBasket
Bigbasket was based in 2011 by Hari Menon, VS Sudhakar, Abhinay Choudhari, Vipul Parekh, and VS Ramesh. The e-commerce firm has reported a valuation of US $2.5 billion making it India’s main on-line grocery retailer.
07. Zerodha
Based in 2010, Zerodha is an Indian monetary service firm, that gives retail and institutional broking, currencies and commodities buying and selling, mutual funds, and bonds. The fintech firm’s present valuation is US$Three billion, and shares the 108th place within the record, together with ReNew Energy.
07. ReNew Energy
Based by Sumant Sinha in 2011, ReNew Energy Restricted is reportedly the biggest renewable vitality IPP in India, close to the overall vitality technology capability. The corporate is valued at US$3billion and ranks 108th as per the record.
07. Paytm Mall
Paytm Mall is positioned at 108th rank within the Unicorn record with a complete valuation of US$3billion.
05. Zomato
Zomato is an Indian restaurant aggregator and meals supply start-up based by Deepinder Goyal and Pankaj Chaddah in 2008. With a valuation of US $3.5 billion, Zomato has change into India’s main meals supply platform
05. Swiggy
Swiggy is India’s largest and highest-valued on-line meals ordering and supply platform based in 2014. The Unicorn obtained US$43million as funding in April this yr and is at the moment valued at US $3.5 billion.
04. Ola Cabs
Based in 2010 in Banglore, Ola Cabs is an Indian ridesharing firm providing providers that embody automobiles for rent and meals supply. Ola ranks 49th within the record, with a enterprise valuation of US $6billion.
02. BYJU’s
Based in 2011 by Byju Raveendran at Bangalore, BYJU’s is an Indian academic expertise and on-line tutoring agency. The ed-tech startup ranks 31st within the Hurun International Unicorn Checklist 2020, with a valuation of US $8billion.
02. OYO Rooms
Based by Ritesh Agarwal, the web resort reserving platform OYO Rooms is at the moment valued at US $8billion.
01. Paytm
Paytm is an Indian e-commerce cost system and monetary expertise firm, based in 2010 in Noida, Uttar Pradesh, India. Valued at US$16 billion, Paytm is a number one Indian on-line funds firm. It ranks 13th within the Hurun International Unicorn Checklist 2020.
