Four of the Seven Indian ‘Unicorn’ Startups Are Ecommerce, 11 More Might Soon Join the Club

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:

Company Category

Pepperfry Furniture

Lenskart Eyewear

UrbanLadder Furniture

FirstCry Baby products

BlueStone Jewellery

Limeroad Fashion

Zivame Lingerie

GreenDust Refurbished goods

Voonik Fashion

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.)

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  1. […] Four of the Seven Indian ‘Unicorn’ Startups Are Ecommerce, 11 More Might Soon Join the Club […]

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