During the decade 2010-19, India witnessed its startup segment getting solid with a plethora of startups proving their capability even globally. Whether it be on the benchmarks of funding, innovation, technological advancement, Indian startups prove their might. India is a fertile land for startups to thrive on. Or else, how can an edtech startup launched by a Malayali can become the official sponsor of the Indian national cricket team and that too in a short period of time?
Startup ecosystem of India promises growth prospects in almost every segment. There are buyers and givers for all segment of operations. Noida based Paytm has become the most funded Indian startup of the decade. Also, mobility startup Ola, food tech startup Swiggy, edtech startup Byjus and hospitality startup OYO Rooms are close in the race.
Almost all of these startups have entered the coveted Unicorn Club. For any startup to enter the Unicorn club, they must cross the valuation mark of $1 Bn. In that sense, this decade saw India’s official entry into Unicorn Club.Grocery platforms like Bigbasket, Udaan and Delhivery are the proof that e-commerce is still the hot segment for investors in India.
