Soonicorns are startups which are likely to become Unicorns i.e. go past USD1billion in valuation this year.
Startup Ecosystem -2025
According to Datalab Inc42 by 2025 the number of startups in India is expected to cross 100K.
These startups are likely to create more than 3.25million jobs in the process.
The total funding to startups is likely to increase to over USD150 billion and with the total value creation expecting USD500 billion.
51 Indian Startups are likely to become Unicorns in the year 2020.
- Share-chat
- Urban-clap
- Growers
- Rebel Foods
- Cardekho
- Mobikwik
- Bookmyshow
- Justdial
- Mobikwik
- Incred
- Pinelabs
- Navi
- Digit
- Lendingkart
- Cred
- Khatabook
- Acko
- Bharatpe
- Capital Float
- Razor pay
- Bankbazaar
- Fino
- of Business
- Kissht
- mSwipe
- cureFit
- Pharmeasy
- Practo
- 1mg
- Medgenome
- Netmeds.com
- Pepper Fry
- Infibeam
- Nyakaa
- droom
- livespace.com
- moglix
- Cartrade.com
- Blackbuck
- Capillary
- Vedantu
- XressBees
- GreyOrange
- NinjaCart
- Unacademy
- Mygate
- Nazara
- dialyhunt
- Zoomcar
- NoBroker
- Indiamart
Fintech Startups
Fintech startups lead this race as as digital payments have achieved deep penetration in metros and in Tier 1 cities.
The consumers who are already using digital payments interface are more likely to adopt digital services such as digital lending, online insurance and Neo-banking.
Post Pandemic World
In the post pandemic world, health care startups are likely to do better.
India is likely to implement National Digital ID Health Plan - which will come up in the next few years.
As more and more people get covered under the Digital Health ID, there spend on healthcare will provide data to entrepreneurs to innovate products and services. This will create a new wave of startups and will better the healthcare ecosystem in India.
(Disclaimer : This blog is for information purposes only and not to solicit any business or provide any kind of advise.)
