Indian Soonicorn Tracker By Inc42
Methodology
Definitions
● Soonicorn: A tech or internet startup founded in or after 1990 that has achieved a $200 Mn+ valuation.
For the Inc42 Indian Soonicorn Tracker, we have considered companies based on the following criteria:
○ Registered in India OR
○ Indian-origin companies with international headquarters, provided a significant portion of their operations or workforce is based in India
○ Private companies, as well as those that are now listed or have been acquired
● Unicorn Probability:
○ High: The companies that currently have a valuation between $500 Mn and less than $1 Bn.
○ Medium: The companies that currently have a valuation between $250 Mn and less than $500 Mn.
○ Low: The companies that currently have a valuation between $200 Mn and less than $250 Mn.
● Early Stage: Angel investments, pre-seed, seed stage, Pre-Series A
● Growth Stage: Series A and Series B.
● Late Stage: Series C and above
Data Collection Process
Inc42 Soonicorn Tracker showcases all the soonicorns that have emerged from the Indian startup ecosystem so far.
● Inc42’s proprietary startup funding database
● Press releases and official company announcements
● Verified media reports and news coverage
● Industry reports and research publications