- When a start-up company has a net worth of ૦૦ 1,000,000,000, it is called a unicorn.
- We are having a hard time getting investment to start-ups other than technology
- Know about decacorn? In other respects, even though China is ahead, it is behind us in mobile net usage
How many unicorns in which country?
- ૨૮૮ America has the most unicorns in the world.
- With 12, China comes second.
- સાથે India ranks third with Unicorn
- યુ The UK ranks fourth with unicorn companies.
- Germany ranks fifth with 12.
- There are also 10 unicorns in Brazil.
The secret to success is implementation
The key to success in business is implementation. If you don't even implement the idea, someone else will do it. The idea of cheap airlines Captain G. R. Gopinath came, but Indigo Airlines started. The idea for Cloud Kitchen came from Freshmenu, which Swiggy embodied.
The rack is also hidden in a good event in a bad event. For example, the Great Depression of 2008. Many American companies closed. What was the result? Reverse brain drain in India. It usually happens that the best talents here go abroad, but the recession of 2008 turned it upside down. Many talented young people living abroad became unemployed and returned to India. If you work hard here, something new will come out. They also benefited and the country also benefited. In the same way, when Corona came, the internet business increased, mobiles, laptops, tablets, PCs were sold like vegetables. Start-ups got new life. Online businesses are booming. Online payment transactions reached an all time high. Every negative event is sometimes new, unimaginable.
On the one hand, the GDP growth rate has fallen to minus, on the other hand, the good news is that the number of unicorn start-ups in India has increased to seven. Last year, 12 start-ups converted to Unicorn. 11 this year. When a start-up company has a net worth of ૧ 1,000,000,000, it is called a unicorn. Rs 3,50 crore The unicorn is a fictional animal. A horned flying horse, but these growing unicorn companies are the new reality of India. India ranks third in the world in terms of unicorn companies after the US and China.
Baiju is the largest unicorn in India. Baiju Ravindran and Divya Gokulnath its founders. His dream came true in 2011. Baiju Ravindran and Divya Gokulnath its founders. Both were teaching offline in Bangalore. In 2011, he started teaching online through a mobile app. Today it has 100 million users. The company is valued at 12.5 billion. (Rs. 1.5 lakh crore). It is India’s first decacorn. Decacorn is a start-up with an investment of Rs 10 billion or more.
Ravindran and his wife Gokulnath are ranked 7th in Forbes India's Rich List in 2020. The combined wealth of the two is 3.04 billion. That is Rs 2,50 crore. The total value of India's 3 unicorns is ૩૯ 12.5 billion. 10.3 lakh crore.
Shekhar Sharma, the founder of Paytm India, started the website when he was studying engineering. In the year 18. Two years later the same website sold for Rs. Then One2 started communication. It offered services like news, cricket scores and ringtones on mobile. Paytm launched to accept online payments for One Communication. And never had to look back. Mr. Sharma started One2 Communication with a loan of Rs. 8 lakhs. Today, its net worth is ૬ 16 billion. 1.18 lakh crore. It is owned by Intel Capital, Sapphire Ventures and Alibaba Group. On digital platforms, Paytm breathes Google, Facebook, Amazon, Flipkart-backed phonepen. It will be India's largest IPO this year. 3 billion. Rs. 1.5 lakh crore.
We have the most Unicorn Financial Technology and Software as a Services (SAAS) out there. Ola was created with inspiration from Uber. Oyo inspired by RBNB. Flipkart from Amazon. There is an app for online shopping and reselling, Misho. People can buy and sell goods on it. The app was launched by IIT Delhi batchmates Vidit Atre and Sanjeev Burnwal. He is a pioneer in his field. Today, the value of mustache is ૧ 2.1 billion. Rs 12,500 crore In the year 2020, 1,200 tech start-ups started in India. We have become the third largest start-up hub. According to NASSCOM's Strategic Review 2021, the total number of start-ups in India has reached 12,600.
Hershil Mathur and Shashank Kumar, former students of IIM-Roorkee, started RazorPay Payment Gateway in 2012. Today, its net worth is ત્રણ 3 billion. Rs 3,50 crore Swiggy was founded in 2012 by a trio of BITS alumni Shriharsha Majetti, Nandan Reddy and IIT Kharagpur graduate Rahul Jaimini. Today, it has a net worth of 4.5 billion. Rs.20,50 crore
According to the Internet and Mobile Association of India, 3% of India's population actively uses the Internet. 4% of the population is 25 million people. In the year 2020, the number of internet in the city increased by 4% while in the city it increased by 12%. Now the gap between city and village is narrowing. The people of the villages are also updated like the people of the cities. The number of mobile subscribers in India will reach 20 million in the next two years. In all other respects, even though China is ahead of us, we are ahead in terms of mobile internet access. According to 2016 data from the Indian Cellular and Electronic Association, Chinese mobile subscribers use an average of 7.5 GB of data per month, while Indians use an average of 7.5 GB. South Koreans use an average of 7.5 GB of data per month. The growing internet cut usage of people is giving tremendous support to start-ups.
This is nothing yet. The future of start-ups is endless. This is another sky that has no top. From January to May 2021 alone, Indian start-ups invested ૮ 2.3 billion. It is valued at Rs 2,050 crore in rupees. 30% more than in the first six months of last year.
The US Federal Reserve keeps interest rates close to zero percent. Why? So people invest in the market instead of putting money in the bank at interest. Small savings go to large investment companies and from there to start-ups. Excel, Sequoia Capital, Tedview Capital, Tiger Global are the names of all these investment firms. If so, there are another 500.
China's development has now reached its peak while India is still developing. Therefore, foreign investors have a special interest in India. Gaming start-ups are also on the rise as children are spending more and more time at home after the epidemic in India. Sports tech firm Dream Sports Inc. was started in the year 2007. Today, its only brand Dream 11 has one crore users on its mobile. According to a report by mobile advertising technology company In Moby India, one out of every 10 gamers in the world is Indian. Dream Sports currently has a net worth of 5 billion.
Start-ups in India are also having a bit of trouble. One is that most start-ups are at a loss as they sell goods or services cheaply. In this way, most of the start-up finances have dried up due to inability to convince investors for a brighter future. Start-ups other than the technology sector are not getting funding anytime soon. If these two issues are resolved, India can undoubtedly reach out to the US and China.
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