Indian Unicorns 2022: BrowserStack Addresses a $45B Market Opportunity

The global mobile application testing services market is expected to grow at 20% CAGR. While 90% of this testing happens in-house, that trend is shifting. India’s Unicorn player BrowserStack is a leading player in the market that pegs the market at $45 billion and is targeting to gather 50% market share.

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Indian Unicorns 2022: Chargebee Helps Businesses Manage their Subscription Billing

The global subscription and billing management market is estimated to grow at 14% CAGR to reach $7.8 billion by 2025. India’s Unicorn club member, Chargebee, is a leading player in the market.

Indian Unicorns 2022: Meesho Delivers Social Commerce Solutions

India’s social commerce market is expected to grow to $20 billion by 2025, up from $1-$1.5 billion in 2020. Analysts believe that social commerce can help connect more than 40 million small entrepreneurs across India. 85% of retailers using social commerce are small, offline-oriented business owners who are looking up to social commerce to drive their growth. Social commerce startup Meesho recently raised funding at a valuation of $4.9 billion.

Indian Unicorns 2022: CRED Focuses on India’s Nascent Credit Card Market

About 57 million credit cards cater to the premium market in India. The Indian credit card industry is dominated by four banks that account for 70% of the total market. Unicorn CRED is making big moves in this industry.

Indian Unicorns 2022: Infra.Market Tackles India’s Construction Sector

The Indian construction market is expected to grow at 11% CAGR from 2021 through 2026 as rapidly evolving technology is redefining how construction business is conducted and managed in India. Infra.Market is an Indian unicorn that is disrupting the construction industry in the country.

Indian Unicorns 2022: Innovaccer Leverages Big Data to Reduce Healthcare Costs

The global healthcare analytics market is projected to grow at 29% CAGR to reach $75.1 billion by 2026 from $21.1 billion in 2021. The use of analytics is helping healthcare providers reduce healthcare costs and improve the quality of care. Innovaccer is one player integrating several data sources to help reduce healthcare costs in the U.S.

Cloud Stocks: 25 Cloud Stocks to BUY in 2022

I have been analyzing SaaS companies for over a decade and PaaS companies for nearly 3 years since I wrote SaaS Companies NEED PaaS Strategy. Based on this body of work, I have shortlisted 25 cloud stocks that I think would be worth buying.

Indian Unicorns 2022: Digit Insurance Becomes Third Largest Fintech Player in India

According to a report published last year, India’s non-life insurance premium market grew 20% last July to $2.1 billion driven by a strong performance from the health and motor segments. According to S&P Global Market Intelligence data, India is the second-largest insurance technology market in Asia-Pacific, accounting for 35% of the $3.66 billion InsurTech-focused venture investments made in the country. Digit Insurance is among the leading InsurTech players in the country.

Indian Unicorns 2022: Upstox Becomes the Second Largest Online Stock Brokerage in India

Like with the US, India’s stock market had a bumper year in 2021. Interest rates in the country kept depleting, but the markets were surging. 14.2 million new stock Demat accounts were opened in FY21 in India and they grew 26% to 51.5 million accounts. Most new investors are attracted by the record-high stock index levels and the continued ease in opening a Demat account in the country. Upstox is among the latest unicorns to benefit from this growth.

Indian Unicorns 2022: slice Focuses on Expanding Credit Card Services in India

According to a recent PwC report, India is one of the fastest-growing economies in the world, but there exists a significant gap in accessing formal credit, especially when compared to other developed nations. Banks and financial institutions are helping fill this gap by introducing new payment products and instruments that make it easier for users to access formal credit. Recently, these institutions have shifted their focus towards instruments like credit cards. Credit card issuance has grown in the country by 20% annually over the last four years. The number of credit cardholders increased from 29 million in March 2017 to 62 million in March 2021. New FinTech players are also disrupting the market by introducing new and innovative products and offerings to consumers. slice is one such new fintech player focusing on India’s youth.