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Carvana Delivers a Stable IPO

Posted on Thursday, Aug 31st

According to a report by DealerSocket, there are nearly 63,000 used car dealerships in North America, which include 45,000 independent used car dealerships and 18,000 franchise dealerships. The biggest among these dealers holds a 1.6% market share of the US market. Recently listed Carvana (NYSE: CVNA) is trying to become a leading player in the

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Billion Dollar Unicorns: Newly Public Redfin Wants to be the Amazon of Real Estate

Posted on Wednesday, Aug 30th

According to the National Association of Realtors (NAR), the aggregate value of existing US home sales in 2016 was approximately $1.5 trillion. Researchers estimate that 5.5 million transactions were conducted for these homes by over 2 million active listing agents and more than 85,000 real estate brokerages. Overall, these agents would have earned more than

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Indian EdTech Startup BYJU’S Turns Profitable

Posted on Tuesday, Aug 29th

According to a study by Global Industry Analysts, the global private tutoring market is projected to surpass $102.8 billion by 2018. The Indian private coaching industry was estimated to be worth $45 billion in 2015 and expected to reach $70 billion by 2017. The BYJU’s learning app from Think and Learn Pvt Ltd is one

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Billion Dollar Unicorns: Delivery Hero Goes Public Albeit Huge Losses

Posted on Monday, Aug 28th

According to a ResearchandMarkets report published earlier this year, the global online food delivery and takeaway market is estimated to grow 15.25% annually over the five-year period through 2021. The growth is expected to be driven by the increased adoption of online food ordering services. Recently, industry veteran and Billion Dollar Unicorn club member Delivery

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Billion Dollar Unicorns: Valuation Without Revenue Nextdoor Trying to Monetize

Posted on Friday, Aug 25th

Facebook’s social networking skills have inspired a few others to set up their own networking channels. For instance, LinkedIn established a professional focused networking service. A smaller organization is San Francisco-based Nextdoor, which has established a social network based on neighborhoods. Nextdoor has managed to attain a Billion Dollar Unicorn status, but its financials are still a matter

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India’s Local Search Engine Justdial Needs to Dial Up Innovation

Posted on Thursday, Aug 24th

India is estimated to have about 51 million small and medium businesses, out of which only 32% are online. Local business listing service Justdial (NSE: JUSTDIAL) has long benefited from the unorganized nature of the Indian business world.

From Unicorn to Unicorpse: Rocket Fuel Bids Adieu

Posted on Wednesday, Aug 23rd

According to a recent report by Interactive Advertising Bureau, digital ad spending accounted for $17.6 billion during the third quarter of 2016, a robust 20% growth over the year. Google and Facebook accounted for 99% of the growth in the quarter, with Google raking in 54% of the growth, Facebook 45% and the remaining 1%

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Indian Online Fashion Retailer LimeRoad Focuses on SMB

Posted on Thursday, Aug 17th

According to Grant Thornton India, the Indian fashion retail industry has evolved rapidly over the past decade propelled by investments to the tune of $13 billion flowing into the sector. Of this, $10 billion were PE/VC investments. Indian fashion retail industry is worth about $70 billion and online fashion e-commerce, according to Google India, is

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