BookMyShow’s Diversification Hurts Profits

The increasing penetration of Internet and smartphones have given rise to many successful businesses in India. One of them is online entertainment ticketing portal BookMyShow.

How is Amazon Performing in India?

Amazon (NASDAQ: AMZN) reported a mixed third quarter last week. For the second straight quarter, it missed estimates of revenue while earnings estimates blew past estimates. International sales have also seen a slowdown due to late onset of Diwali this year. This was the fourth straight quarter of profit above $1 billion, but the volatile

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Billion Dollar Unicorns: Indian B2B Marketplace Udaan Flies In

According to a 2016 report by Deloitte and the Confederation of Indian Industry, the B2B e-commerce market is expected to reach $700 billion by 2020 and is becoming a hot destination for venture capital. About $200 million was raised in 2017 for startups in the sector, up from $115 million in 2016 and $30 million

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Billion Dollar Unicorns: How will Paytm Navigate Rising Competition?

India’s digital payments market is expected to grow five times to reach $1 trillion by 2023. Following the acquisition of Flipkart, digital payment company Paytm has become the most valauble startup among Indian Billion Dollar Unicorns despite struggling with profitability. 

Billion Dollar Unicorns: Profitable PolicyBazaar Focuses on Health, Delays IPO

According to a NASSCOM-KPMG report, the Indian FinTech market is expected to grow at a CAGR of 22% to be worth $2.4 billion in 2020 and is a hot favorite for VC funding. PolicyBazaar is a recent entrant to the Billion Dollar Unicorn Club, thanks to the $200 million infusion from Softbank.

Billion Dollar Unicorns: Swiggy Enters the Club with Massive Funding

According to RedSeer Consulting, India as a market holds tremendous potential for food delivery apps with the sector recording a 125% increase in order volumes. A huge beneficiary of this trend is Indian food delivery startup that recently entered the Billion Dollar Unicorn club.

Billion Dollar Unicorns: DoorDash Enters the Club Mired in Controversy

After a hiatus, funding in the on-demand food delivery has picked up this year. DoorDash is a huge beneficiary of this trend, raising $785 million and entering the Billion Dollar Unicorn club.

Quikr Inching Towards Profitability

Indian online classifieds platform Quikr is one of the most heavily funded startups. Despite low revenue and profitability numbers, its valuation was skyrocketing. In recent times, its valuation has been marked down and its profitability has improved.