Rewind 2020: Unicorn sightings in a pandemic year

Rewind 2020: Unicorn sightings in a pandemic year
Photo Credit: 123RF.com
31 Dec, 2020

In 2020, a year that saw most startups struggle to raise capital, as many as 12 Indian technology companies turned unicorns. What’s more -- ecommerce, a sector that was battered by the pandemic, produced the maximum number of unicorns, along with the fintech and SaaS sectors.

Also in the unicorn club are Zerodha, with a self-assessed valuation, and Bharti Airtel’s data centre business Nxtra Data. Although Glance and Nykaa reportedly entered the club this year, the companies did not confirm the valuation.

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