$1 Billion Race!
👉 The COVID-19 pandemic has just ruined 2020 for many people. The lockdown and
the subsequent recession caused major crises for many businesses all over the
world.
👉 Yet, some India based startups managed to overcome this hardship, raise
significant funding and revenue reaching the valuation of $1 billion thus rising
to unicorn status during the pandemic.
11 Indian startups joined the unicorn status in 2020: 👇
🔺Unacademy
🔺Pine Labs
🔺FirstCry
🔺Zenoti
🔺Nykaa
🔺Postman
🔺Zerodha
🔺Razorpay
🔺Cars24
🔺Dailyhunt
🔺Glance
👉 There are a lot of startups in the market, but the question is why were these
ones able to achieve such status during a pandemic?
🔺According to the experts, these startups actually worked towards the
difficulties faced by the people amidst the lockdown.
🔺For example, due to the lockdown and strict COVID-19 restrictions, all
schools, colleges and coaching institutes were shut indefinitely.
🔺This led to the increase in popularity of online learning thus increasing the
significance of Unacademy exponentially in the market.
Source: Yahoo
Posted by Ashwini Mahesh (ashblessy) on LinkedIn
link: linkedin.com/in/ashwini-mahesh
👉 The COVID-19 pandemic has just ruined 2020 for many people. The lockdown and
the subsequent recession caused major crises for many businesses all over the
world.
👉 Yet, some India based startups managed to overcome this hardship, raise
significant funding and revenue reaching the valuation of $1 billion thus rising
to unicorn status during the pandemic.
11 Indian startups joined the unicorn status in 2020: 👇
🔺Unacademy
🔺Pine Labs
🔺FirstCry
🔺Zenoti
🔺Nykaa
🔺Postman
🔺Zerodha
🔺Razorpay
🔺Cars24
🔺Dailyhunt
🔺Glance
👉 There are a lot of startups in the market, but the question is why were these
ones able to achieve such status during a pandemic?
🔺According to the experts, these startups actually worked towards the
difficulties faced by the people amidst the lockdown.
🔺For example, due to the lockdown and strict COVID-19 restrictions, all
schools, colleges and coaching institutes were shut indefinitely.
🔺This led to the increase in popularity of online learning thus increasing the
significance of Unacademy exponentially in the market.
Source: Yahoo
Posted by Ashwini Mahesh (ashblessy) on LinkedIn
link: linkedin.com/in/ashwini-mahesh