Quartz summarizing data from Bengaluru-based data curation platform Tracxn:
Four of the seven Indian unicorns—Flipkart, Snapdeal, Paytm, and Shopclues—are into e-commerce. However, unlike these multi-category players, the next batch will be those focused on specific segments such as furniture, jewellery, or apparel.
Here’s the list of e-commerce soonicorns as per Tracxn:
FirstCry Baby products
GreenDust Refurbished goods
IndiaMart B2B retail
Power2SME B2B retail
Just another effect coming from the fact how huge the Indian ecommerce market is going to be in a few years. (Remember those valuations come from private venture capital investment rounds. They mainly represent a belief in growth; for those companies and the market they are in.)