report on india's unicorn and high growth tech startups

13
The #DreamUnicorn Project : Insights On India’s High Growth (And Unicorn) Startups And Founders.

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Page 1: Report on India's Unicorn And High Growth Tech Startups

The #DreamUnicorn Project : Insights On India’s High Growth (And Unicorn) Startups And Founders.

Page 2: Report on India's Unicorn And High Growth Tech Startups

SECTORS & STARTUPS

Of India’s unicorn startups, 50% of unicorn tech startup are e-commerce companies while Adtech is 12.5% and so is Analytics, Classified and Foodtech.

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Page 3: Report on India's Unicorn And High Growth Tech Startups

FROM  START  TO  HIGH-­‐GROWTH.HOW  MANY  YEARS  DOES  IT  TAKE  TO  GROW  BIG?

ON  AN  AVERAGE,  IT  HAS  TAKEN  INDIAN’S  

UNICORN  STARTUPS  6.12  YEARS  TO  JOIN  

THE  UNICORN  CLUB.  

0

3

6

9

Flipkart Snapdeal Ola Inmobi Paytm MuSigma Zomato Quikr

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Page 4: Report on India's Unicorn And High Growth Tech Startups

THE IDEAL NUMBER OF CO-FOUNDERS

83% of High growth startups have 2 or 3 co-founders. Out of these, 43% of high

growth startup have started by 3 co-founders while 39% of them started by 2 cofounders.

Solopreneurs, the single-founder are in minority (only 13% of high growth startups are

founded by single founder).

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Page 5: Report on India's Unicorn And High Growth Tech Startups

STARTUPS AND AGE : IS THERE A CORRELATION?THE AVERAGE AGE OF HIGH-GROWTH STARTUP FOUNDER IS 29 AND THE AVERAGE UNICORN FOUNDER’S AGE IS 28.4 YEARS.

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Page 6: Report on India's Unicorn And High Growth Tech Startups

ENTREPRENEURSHIP: CAN YOU GET IT RIGHT THE FIRST TIME?

73% UNICORN TECH FOUNDERS HAD NO PRIOR STARTUP

EXPERIENCE !

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Page 7: Report on India's Unicorn And High Growth Tech Startups

JOB EXPERIENCE : DOES IT HELP? HOW MUCH IS ‘TOO MUCH’?

20% founders of unicorn startups had 2-4 years of work experience while 40% of them

had less than 2 years of working experience before they started up .

The average years of working experience for unicorn tech startup founder is 4.2 Years.

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Page 8: Report on India's Unicorn And High Growth Tech Startups

ENGINEERING  EDUCATION  &  ENTREPRENEURSHIP  93% OF HIGH GROWTH STARTUP FOUNDERS ARE ENGINEERS!! 43% OF FOUNDERS OF THE HIGH-GROWTH PRODUCT STARTUPS ARE

ENGINEERS FROM IITS.

Image  credit:  iitr  website.

Page 9: Report on India's Unicorn And High Growth Tech Startups

MBA AND ENTREPRENEURSHIP

67% founders of the unicorn

Indian Startup are Non-

MBAs, while 27% founders

have done MBA. 6%

founders have M.Tech / MS

degree.

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Page 10: Report on India's Unicorn And High Growth Tech Startups

WHERE DO UNICORN FOUNDERS COME FROM

74% of unicorn tech startups are from Tier 2 cities and 13% are from Tier-I and Tier 3 cities.

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Page 11: Report on India's Unicorn And High Growth Tech Startups

WHICH CITY RULES THE MOST?

BANGALORE AND NCR FARE EQUALLY WHEN IT COMES TO

UNICORN STARTUPS (37.5%), FOLLOWED BY MUMBAI (25%).

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Page 12: Report on India's Unicorn And High Growth Tech Startups

India’s Unicorn Club

The Indian product revolution has just begun. We currently have less than 10 tech Unicorns, but

many are on the way to become one.

Celebrating the Indian spirit of innovation and perseverance, NextBigWhat presents an insightful

study on India’s unicorn founders and high-growth technology product startups. We have taken

a deep look at various elements that make a great entrepreneur- right from educational

background to finding a correlation between work experience and entrepreneurial success.

Methodology Apart from the unicorn startups (with more than a billion dollar in valuation), we looked at

several high-growth technology startups across different categories (Enterprise, Consumer,

Healthcare, Education etc) and came with a list of 35 startups that are a representative sample

(of high growth startups in the country).  

We believe that the ecosystem needs several debates and discussions - fuelled by actual data.

About NextBigWhat NextBigWhat is India’s biggest startup media platform that focuses extensively on fostering the community of entrepreneurs, early adopters and investors.

At NextBigWhat, we see several great startups every week. We interact, engage with amazing founders and as a key player in shaping up the startup ecosystem, we believe that a data driven startup study will create more talking points, debates and discussions leading to collaboration and partnerships.

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Page 13: Report on India's Unicorn And High Growth Tech Startups

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http://www.nextbigwhat.com/indianstartupreport/

http://www.nextbigwhat.com

Email: [email protected]

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