India is a country with a huge population and hence, there should be enough job positions to accommodate everyone. According to global data, most of the jobs created in India are by startups rather than big organisations and companies. The culture has only been booming each year and thus, these startups deserve a round of applause.
The technology sector, in particular, has witnessed a lot of entrepreneurial development. And even if any of the listed startups do not actually belong to the technology sector, they owe their success to technological tools and development.
As per the infographic below, One97 Communications is the highest valued Indian startup, followed by BYJU's and OYO, third and second on the list. It is important to note that One97 is backed by Alibaba, which is a Chinese e-commerce giant. As for the other two, they are backed by Softbank, a Japanese entity.
Also See: The Future of Indian Startups Amidst COVID-19 #Infographic
The companies listed below are all valued at $1 billion and above. There are a total of 21 companies that have such a valuation and all these are collectively known as 'unicorn' startups. Most of these startups are based in the city of Bangalore. Have a look below to get to know the top eight unicorn startups.
Infographic by: Statista
