INDIA WILL HAVE 122 unicorns in the next two to four years, according to the Hurun India Future Unicorns Index 2022 released by Hurum Research Institute. The projection is in line with the recent trends. In just one year, the number of unicorns has increased 65 per cent probably spurred by the pandemic.
As we celebrate India's emergence as the third largest ecosystem for startups after the US and China, we need to pause and review the emergence of unicorns and their impact on the capital market. The questions that naturally arise pertain to valuations and IPOs. However, leading investors feel that the valuation is between two-parties and has nothing to do with public money.
Valuation vs growth
Higher valuations are no longer a sign of healthy startup growth, especially so for a unicorn. However, since a number of unicorns are also some of the largest employers in the Indian market, a decline in valuation and business slowdown can be catastrophic, not just in terms of venture capital (VC) funds but by way of major job losses.
"We are in the middle of the year, Q3 or the second half of the year has just started. The Covid outbreak has been unfortunate but the last couple of years have been very healthy for venture capital. Just one word of caution is, of course, valuations. Indian ecosystem is creating digital tailwinds. What has happened in the ecosystem actually is not unhealthy, because one never wants over-valuations, but rather always wants companies to be rightly valued. I can see a silver lining in that companies get rightly valued and not richly valued," says Sanjay Nath, Founder, Blume Ventures, sharing his viewpoint on the current scenario.
هذه القصة مأخوذة من طبعة 30 July 2022 من Businessworld India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة 30 July 2022 من Businessworld India.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Is Leadership Without Hierarchies Possible?
LEADERSHIP IN THE current era is more challenging than ever before.
The Rise and Evolution of Coffee Culture in India
AS A BANGALORE native, South Indian filter ‘Kaapi’ has always been a significant part of our tradition.
The Daily Ground Goes Desi
Success in Tier-2 and Tier-3 cities hinges on several key factors, with one of the most important being the ability to offer high-quality products at an accessible price point
Cracking The Indian Code
TARUN JAIN, CEO of Tim Hortons India believes in creating an experience at cafes by blending global quality, local flavours and affordability
Making Coffee the New Chai in India
Affordable, great-tasting coffee made fast-abCoffee is reshaping how India drinks coffee
Scripting A New Era Of Coffee In India
From a bootstrapped startup to international expansion, NOTHING BEFORE COFFEE is brewing its way to the top by challenging the giants of the coffee industry with innovation, personalisation, and sustainability
"Driven By A Younger Demographic, Coffee Culture Is On The Upswing"
SUNIL D'SOUZA, Managing Director and CEO of Tata Consumer Products, discusses the company's strategic growth in India's booming coffee market, focusing on premiumisation, innovation, and expanding consumer experiences both at home and in cafés, in this exclusive conversation with BW Businessworld's Tarannum Manjul
Fresh Brew, Big Ambitions
From startups to stores, Beanly's Samayesh Khanna and Rahul Jain elevate India's coffee culture by making freshly brewed coffee a daily delight
"On Track To Become India's Top Café Chain"
In an exclusive interview, RAJAT AGRAWAL, CEO of Barista Coffee, shared insights on the company's current market position, expansion strategies, and its response to growing competition
"Ensuring A Seamless Coffee Experience Outside The Cafe Is The Next Big Thing To Watch Out For"
In an exclusive conversation with BW Businessworld's Resham Suhail, Third Wave Coffee CEO RAJAT LUTHRA and its Co-founder AYUSH BATHWAL delve on how they are navigating the competitive landscape, going beyond retail and tapping changing consumer preferences