Nxtra, Bizongo lead emerging unicorns
Financial Express Bengaluru|January 07, 2025
INDIA'S UNICORN CLUB may soon welcome five new members, as startups valued at or above $900 million prepare to cross the $1-billion valuation threshold by 2025.
Surender Negi

Leading the pack is Airtel-backed Nxtra Data, valued at $986 million post-money, followed closely by Bizongo at $980 million. Bluestone ($965 million), Turtlemint and Leap (both $900 million) round out the list of emerging contenders, according to Crunchbase data.

Post-money valuation reflects a firm's worth after its most recent funding round. Nxtra's ascension to the unicorn status would be particularly significant for Bharti Enterprises, following Airtel CEO Gopal Vittal's 2022 prediction that the group could add five unicorns to India's tally.

This story is from the January 07, 2025 edition of Financial Express Bengaluru.

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