Indian Unicorn Tracker By Inc42 Methodology
Definitions
● Unicorn: A tech or internet startup founded in or after 1990 that has achieved a $1 Bn+ valuation at any point in its lifecycle.
For the Inc42 Indian Unicorn 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 Status:
○ Active Unicorns: The companies that currently hold a valuation of $1 Bn or more
○ Under Valued: The companies that were previously valued at $1 Bn or more are now valued at less than $1 Bn
● 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 Unicorn Tracker showcases all the unicorns that have emerged from the Indian startup ecosystem so far It also includes a breakdown of both active and downgraded unicorns
● Inc42’s proprietary startup funding database
● Press releases and official company announcements
● Verified media reports and news coverage
● Industry reports and research publications