Tracxn report lists India’s startup giants of the decade. Retail, FinTech, Energy, Enterprise Application, Auto & Tech recorded good growth. Angel Investors focused on AI and Tech startups. 7 startups entered Unicorn club in 2019; in total 30.
Ola Electric became the third fastest Unicorn in terms of the best performance. Launched in 2019, Druva, Icertis, CitiusTech, Delhivery & Rivigo performed well. Bengaluru-based companies received the most funding. 50 startups to enter the Unicorn club soon
Paytm, Ola, Oyo, Swiggy, Grofers, Byju’s, BigBasket, Udaan & Delhivery received good funding. Retail sector tops the list securing $19.96 Bn through 1856 funding rounds. Fintech comes second earning $8.9 Bn via 1222 round of funding.Social commerce platforms Meesho, Mall91 and W Mall also made good progress.Goldman Sachs reports Indian Internet industry will hit $160 Bn by 2025.