Interesting Facts about Top Billion-Dollar Startups {UPDATED VERSION}
By tushar083 - August 13, 2017
1. Ninety-four percent of the unicorn founders are men. Six percent are women.
2. Stanford, Harvard and University of California are the top three alma maters of unicorn founders.
3. California is home to the most unicorn companies. New York has the second highest and the third jumps overseas to Beijing.
4. In Europe, London is the city with the most billion-dollar companies. Berlin is number two and Stockholm three.
5. Sixty-seven percent of the companies were launched by co-founders.
6. Thirty-seven percent were started by only one founder.
7. Sixty percent of the founders who reached the billion-dollar mark are first time founders. Twenty-three percent of founders are on their second attempts.
8. The people who have launched companies before receive higher valuations on their companies than first timers, an average of $5.88 billion compared to $4.29 billion.
9. The top three industries with the most unicorns are consumer internet, software and e-commerce.
10. The industries with the top valuations are slightly different. Consumer internet is still at the top. Those companies have a combined value of nearly $319 billion. But financial services is at number two with a combined value of more than $132 billion. E-commerce is number three. Those unicorns have a combined value of nearly $125 billion.
11. Twenty-nine companies holding their 10-year anniversaries this year are unicorns. 2007 is the year that yielded the most billion-dollar companies.
12. Thirty-five of the companies on the list were four years old when they achieved unicorn status.
13. In 2014, 58 companies became unicorns. In 2015, that shot up to 86, but in 2016, the number dropped to 41.
14. However, in 2016, Sage found that companies achieved unicorn status faster than any other year.
15. In 2016, China and the United States were neck and neck for the number of companies gaining unicorn status.
16. The top 10 most valued companies are evenly split between China and the United States.
17. The United States has 144 unicorns in total. China has 47 and India has 10.
18. One-hundred-fifty companies, the majority of the list, are valued between $1 billion and $2 billion. Sixteen businesses have a valuation of more than $10 billion.
19. Uber is the unicorn with the highest valuation, at $62,500,000,000.
20. There is only one company in the top 10 that was launched in the 1990s: Alibaba, at number five, started in 1999.
This Year 2017 Top Startups in India:-
marketplace
Founders: Rajat Gandhi & Vinay Mathews
Founders: Rajat Gandhi & Vinay Mathews
Faircent's Rajat Gandhi
Government policy has done a lot to boost the fortunes of peer-to-peer lending platform FairCent in 2016. From RBI's draft paper with guidelines for the industry to Digital India, FairCent benefited last year and looks to grow further in 2017. "From disbursing Rs 15-20 lakh loans a month, we are now disbursing Rs 1.5 crore a month. India's shift to digital payments has put us in a sweet spot," says Rajat Gandhi, founder, FairCent. The company, which began operations in 2014, helps customers get cheaper loans based on their creditworthiness and helps lenders earn high returns from their peers or community.
Government policy has done a lot to boost the fortunes of peer-to-peer lending platform FairCent in 2016. From RBI's draft paper with guidelines for the industry to Digital India, FairCent benefited last year and looks to grow further in 2017. "From disbursing Rs 15-20 lakh loans a month, we are now disbursing Rs 1.5 crore a month. India's shift to digital payments has put us in a sweet spot," says Rajat Gandhi, founder, FairCent. The company, which began operations in 2014, helps customers get cheaper loans based on their creditworthiness and helps lenders earn high returns from their peers or community.
STAQU
AI-driven solutions for retailers
Founders: Atul Rai, Abhishek Sharma
Staqu co-founders Atul Rai, Chetan Rexwal, Pankaj Sharma and Anurag Saini
70% of all data online comprises images and videos — a fact that excites Atul Rai, whose company helps users search for products using images rather than words. "If a user wants a floral print dress, she should be able to upload a picture and find similar products," says Rai, who set up Staqu in June 2015 to provide artificial intelligence (AI) driven solutions for e-commerce. Its product can be integrated into the search technology of e-commerce companies. Among Staqu's clients are Roposo, Karbonn and Panasonic, and Staqu is staring at a big opportunity as e-commerce is yet to hit the big league in India. The Gurugram-based company raised an undisclosed amount of funding from Indian Angel Network in June.
70% of all data online comprises images and videos — a fact that excites Atul Rai, whose company helps users search for products using images rather than words. "If a user wants a floral print dress, she should be able to upload a picture and find similar products," says Rai, who set up Staqu in June 2015 to provide artificial intelligence (AI) driven solutions for e-commerce. Its product can be integrated into the search technology of e-commerce companies. Among Staqu's clients are Roposo, Karbonn and Panasonic, and Staqu is staring at a big opportunity as e-commerce is yet to hit the big league in India. The Gurugram-based company raised an undisclosed amount of funding from Indian Angel Network in June.
FRESHTOHOME
Online fish, meat delivery
Founder: Shan Kadavil
FreshToHome founder Shan Kadavil
Shan Kadavil, who founded online fish and meat delivery service FreshToHome in Bengaluru in March 2016, has been doubling sales every three months, and is looking to expand to 20 cities in 2017. It has more than 80,000 customers in Kochi, Thiruvananthapuram, Bengaluru, Mysuru, and Delhi. "We have a centralised processing model, so it is easier to scale," he says. FreshToHome has angel investment from Mark Pincus, founder of gaming company Zynga, and Google Ventures CEO David Krane. Google India managing director and angel investor Rajan Anandan says the company has achieved the fastest zero to $5 million revenue in the e-commerce sector in India.
Shan Kadavil, who founded online fish and meat delivery service FreshToHome in Bengaluru in March 2016, has been doubling sales every three months, and is looking to expand to 20 cities in 2017. It has more than 80,000 customers in Kochi, Thiruvananthapuram, Bengaluru, Mysuru, and Delhi. "We have a centralised processing model, so it is easier to scale," he says. FreshToHome has angel investment from Mark Pincus, founder of gaming company Zynga, and Google Ventures CEO David Krane. Google India managing director and angel investor Rajan Anandan says the company has achieved the fastest zero to $5 million revenue in the e-commerce sector in India.
ID FOODS
Packaged ready-to-cook idli/dosa batter, chappatis
Founders: P C Musthafa, Samsudeen T K, Abdul Nazer, Jafar T K & Noushad T A
The iD Fresh Foods team
Bengalurians consume 1 crore idlis a day. In that fact P C Musthafa sees a daily opportunity of Rs 3 crore (at Rs 3 an idli). That's what pushed the IIM-B graduate to start iD Fresh Foods with four of his cousins in 2006, delivering homemade batter in Bengaluru. Today, its idli/dosa batter is available in 14 cities, and iD's revenues crossed Rs 100 crore last year. "From the beginning, we were clear that we were not a ready-to-eat brand. Ours is ready-to-cook food," says Musthafa. iD seems to have cracked the risky fresh food business and 2017 might be the year they cross revenues of Rs 200 crore with plans to launch vada and ragi dosa batter.
Bengalurians consume 1 crore idlis a day. In that fact P C Musthafa sees a daily opportunity of Rs 3 crore (at Rs 3 an idli). That's what pushed the IIM-B graduate to start iD Fresh Foods with four of his cousins in 2006, delivering homemade batter in Bengaluru. Today, its idli/dosa batter is available in 14 cities, and iD's revenues crossed Rs 100 crore last year. "From the beginning, we were clear that we were not a ready-to-eat brand. Ours is ready-to-cook food," says Musthafa. iD seems to have cracked the risky fresh food business and 2017 might be the year they cross revenues of Rs 200 crore with plans to launch vada and ragi dosa batter.
FRESHMENU
Online food delivery
Founder: Rashmi Daga
FreshMenu founder Rashmi Daga
The food-tech sector has really faced fire in the past two years, but one of the few startups to emerge unscathed is FreshMenu, which cooks and delivers food from its own kitchens in Bengaluru, Mumbai, New Delhi and Gurugram. Founder Rashmi Dagga, an IIM-A alumnus who set up the company in 2014, says the company registered 3x growth in the number of orders in 2016. FreshMenu is backed by Zodius Capital and LightSpeed Ventures. In 2017, the company plans to increase its product catalogue as well as expand to Hyderabad and Pune.
The food-tech sector has really faced fire in the past two years, but one of the few startups to emerge unscathed is FreshMenu, which cooks and delivers food from its own kitchens in Bengaluru, Mumbai, New Delhi and Gurugram. Founder Rashmi Dagga, an IIM-A alumnus who set up the company in 2014, says the company registered 3x growth in the number of orders in 2016. FreshMenu is backed by Zodius Capital and LightSpeed Ventures. In 2017, the company plans to increase its product catalogue as well as expand to Hyderabad and Pune.
CAPITAL FLOAT
Digital financing platform for SMEs
Founders: Gaurav Hinduja and Sashank Rishyasringa
Capital Floats' Gaurav Hinduja and Sashank Rishyasringa
Bengaluru-headquartered Capital Float considers 2016 a remarkable year for fintech startups. "The sector attracted $150 million in funding. Digital India and demonetisation will only give further impetus to the sector," says Gaurav Hinduja, co-founder, Capital Float. The company, which started in 2013 with loans to SMEs, has come up with innovative products such as 'Pay Later', which gives loans to retailers against data on PoS machines. Capital Float, which primarily handles e-commerce finance, has seen 8x growth in 2016, its biggest so far. From Rs 150 crore loans disbursed in 2015, it disbursed Rs 1,000 crore in 2016. Capital Float tied up with 45 new players, including Amazon, Yatra and Ola.
Bengaluru-headquartered Capital Float considers 2016 a remarkable year for fintech startups. "The sector attracted $150 million in funding. Digital India and demonetisation will only give further impetus to the sector," says Gaurav Hinduja, co-founder, Capital Float. The company, which started in 2013 with loans to SMEs, has come up with innovative products such as 'Pay Later', which gives loans to retailers against data on PoS machines. Capital Float, which primarily handles e-commerce finance, has seen 8x growth in 2016, its biggest so far. From Rs 150 crore loans disbursed in 2015, it disbursed Rs 1,000 crore in 2016. Capital Float tied up with 45 new players, including Amazon, Yatra and Ola.
UNBXD
Product discovery services for ecommerce companies
Founders: Pavan Sondur and Prashant Kumar
Unbxd's Pavan Sondur and Prashant Kumar
Unbxd works with 1,200 ecommerce companies in 40 countries, and almost 80% of its revenue comes from outside India. It works with e-commerce companies such as PepperFry, Lenskart and Caratlane to power search, navigation and product recommendations. Engineers Pavan Sondur and Prashant Kumar set up the company in 2011, and have since been backed by Nirvana Ventures, IDG, Inventus and Indian Angel Network. The Bengaluru-based company claims to have grown almost 10 times in 2016 and is looking to strengthen its hold in the North American market in 2017.
Unbxd works with 1,200 ecommerce companies in 40 countries, and almost 80% of its revenue comes from outside India. It works with e-commerce companies such as PepperFry, Lenskart and Caratlane to power search, navigation and product recommendations. Engineers Pavan Sondur and Prashant Kumar set up the company in 2011, and have since been backed by Nirvana Ventures, IDG, Inventus and Indian Angel Network. The Bengaluru-based company claims to have grown almost 10 times in 2016 and is looking to strengthen its hold in the North American market in 2017.
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