Q&A Which startups based out of India could join the unicorn club in 2017?


Mohan K

Response by Mohan K, Editor @ MyDigitalStartup.net

First things first, What is a unicorn?

“unicorns” are private companies valued at $1 billion or more. The billion-dollar technology startup was once the stuff of myth. Today they’re seemingly everywhere, backed by a bull market and a new generation of disruptive technology.

Here is The Unicorn List 2016 from Fortune. And the unicorn list: There are now 131 startups valued at $1B or more – geekwire

Is it possible for startups based in India to attain unicorn status in 2017? Probably.

Image result for flipkart

 

However, it would be futile to speculate on which startup would attain that status. Why?

  • While a “billion dollar” valuation would be nice to have, it alone would not change the startup ecosystem.
    • Media and the public would love the story
    • However, if the unicorn decides to go public and leads to a lot of Stock-option millionaires, it would change the startup ecosystem considerably.
  • “India based” is a fuzzy term. For instance the eCommerce giant Flipkart – (Wikipedia) has a “complex business structure which included nine firms, some registered in Singapore and some in India.” Many Indians think of Flipkart as being India based, which is partly true.
  • It is likely that by the time a startup based in India acquires a Unicorn status, it might be funded by a global VC or investor group.

(reposted on MyDigitalStartup.net )

 


 

what are the best sources to do some data analysis from secondary resources. Preferably free resources

 

The approach would be similar to research of any other domain.

  • Define a frame of reference and domain.
    • What is Travel industry?
    • What are the travel industry segments you wish to review
  • Identify sources of information
    • Travel journals, magazines
    • Travel blogs, websites and portals
    • Industry research reports
  • Review sources of information, filtering by your domain reference
  • Review results. Continue the process

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