India to be 2nd largest economy by 2050, to add a trillion dollar to GDP every 12-18 months: Adani

[FuturePAF]

US won't allow? how will it stop? The world is changing faster than even west can catchup.

Disincentivize investors, restrict technology transfers, claim India is a currency manipulator, legal claims to slow down Indian development until demographics catch up with them in 2050/2060, similar to what is being done now to China.

 

[Black Tornado]

claim India is a currency manipulator

Recently it removed India from that list in a year and a half

US puts India on currency manipulator watchlist

This is the second time since the start of the pandemic that India has figured on the list, even as the Reserve Bank of India has purchased large quantities of dollars on account of huge capital inflows.

economictimes.indiatimes.com

US removes India from its ‘currency monitoring list’ and it’s a good thing: Read why and how

When a country is on the US Currency Monitoring List, it is considered a ‘currency manipulator.', Business News, Times Now

www.timesnownews.com

 

[beijingwalker]

India needs to become a manufacturing power which provides jobs for their vast population and enables the country to become a major player of the international trade, failing this task, all will only be a just pipe dream.

 

[truthseeker2010]

Disincentivize investors, restrict technology transfers, claim India is a currency manipulator, legal claims to slow down Indian development until demographics catch up with them in 2050/2060, similar to what is being done now to China.

China and India are in different leagues. US can stop it verbally but capital isn't anybody's friend it chases profit. Also with stable democracy and demographic even the industry moving out of China (a little share) would be good enough. Plus india isn't pakistan, If US did some moves india will counter act.

 

[Rank]

He is basically talking about himself and alike…

 

[fitpOsitive]

MUMBAI: Asia's richest man Gautam Adani on Saturday said India, which took 58 years to become a trillion dollar economy, will add an equivalent sum to GDP every 12-18 months and will be the world's second largest economy by 2050.

Speaking at the 21st World Congress of Accountants here, he said back-to-back global crises have challenged several assumptions, including that China should adopt western democratic principles, secular principles are universal, the EU would stay together, and that Russia would be forced to accept a reduced international role.

"This multilevel crisis has shattered the myth of a unipolar or a bipolar world of superpowers that could step in and stabilize global environments," he said.

"In my view - in this emerging multipolar world - superpowers will need to be those that take responsibility to step in and help others in a crisis and not bully other nations into submission, those that keep humanity as their foremost operating principle."

A superpower, he said, must also be a thriving democracy and yet believe that "there is no one uniform style of democracy."

"The style of capitalism that drives growth for the sake of growth and ignores the social fabric of a society, is rightfully facing its greatest pushback ever," he said.

Adani, 60, said the foundations of India's increasing economy might have become relevant and a majority government has given the nation the ability to initiate several structural reforms in the political and administrative system.

"It took us 58 years to get to our first trillion dollars of GDP, 12 years to get to the next trillion and just five years for the third trillion.

"Given the pace at which the government has been executing a vast multitude of simultaneous social and economic reforms, I anticipate that within the next decade, India will start adding a trillion dollar to its GDP every 12 to 18 months - thereby putting us well on track to be a USD 30 trillion economy by 2050 and with a stock market capitalization that will possibly exceed USD 45 trillion," he said.

India is currently the world's fifth largest economy with a gross domestic product (GPD) of USD 3.5 trillion. In comparison, the US is a USD 23 trillion economy with a stock market capitalization ranging from USD 45 to 50 trillion.

"A country, crushed and drained by its colonial rulers, today stands on the cusp of an extraordinary growth and is the only major country on a path to emerge as a high-income nation without compromising its democracy and diversity," he said.

"Well before 2030, we will be the world's third largest economy and, thereafter, the world's second largest economy by 2050."

In purchasing power parity (PPP), India's share of global GDP will be north of 20 per cent by 2050.

"India's success story of combining economic growth and democracy has no parallel. If there ever were a time to be Indian, be in India, and associate with India - it is now. The foundation to build a new resilient India has already been laid," he said.

Adani saw India's median age at just 38 years in 2050, population of 1.6 billion with a per capita income of USD 16,000, over 700 per cent higher than current per capita income.

FDI will touch a trillion dollar, in sign of increasing global confidence in India.

"In 2021, India added a unicorn every 9 days. It executed the largest number of real-time financial transactions globally - a staggering 48 billion. This was 6 times greater than the US, Canada, France, and Germany combined," he said adding this year VC funding will exceed USD 50 billion, a 50x acceleration in 8 years.

Adani, whose ports-to-energy conglomerate is investing USD 70 billion over the next decade in a new energy value chain, said India can become a net green-energy exporter by 2050.

"As both domestic companies and multinationals take advantage of India's market size, we will need stronger mandates wherein corporates are compelled to rise to the challenge of enabling a social structure that recognizes the core of our culture and is aligned with our national needs," he said.

"India cannot be just seen as a land for 'making and taking' profits out of its geographic boundaries. This is why I said that the superpowers in the multipolar world must recognize that there is no one size of democracy that fits all."

India to be 2nd largest economy by 2050, to add a trillion dollar to GDP every 12-18 months: Adani - ET EnergyWorld

India: He said back-to-back global crises have challenged several assumptions, including that China should adopt western democratic principles, secular principles are universal, the EU would stay together, and that Russia would be forced to accept a reduced international role.

energy.economictimes.indiatimes.com

Ghana to be world 3rd largest economy by 2070 : ghadani.

 

[Black Tornado]

India needs to become a manufacturing power which provides jobs for their vast population and enables the country to become a major player of the international trade, failing this task, all will only be a just pipe dream.

View attachment 898977

Its almost 2023 and you're stuck with 2020 data

 

[beijingwalker]

Its almost 2023 and you're stuck with 2020 data

India is faring even worse now, hit record deficit month after month.

Data: India’s Trade Deficit reached a record high in 2021-22

Data: India’s Trade Deficit reached a record high in 2021-22

factly.in

 

[FuturePAF]

Recently it removed India from that list in a year and a half

US puts India on currency manipulator watchlist

This is the second time since the start of the pandemic that India has figured on the list, even as the Reserve Bank of India has purchased large quantities of dollars on account of huge capital inflows.

economictimes.indiatimes.com

US removes India from its ‘currency monitoring list’ and it’s a good thing: Read why and how

When a country is on the US Currency Monitoring List, it is considered a ‘currency manipulator.', Business News, Times Now

www.timesnownews.com

Politics shift, India is off the list, politics shift again, India is back on the list. It’s that easy for the established institutions to claim one thing today and another tomorrow.

China and India are in different leagues. US can stop it verbally but capital isn't anybody's friend it chases profit. Also with stable democracy and demographic even the industry moving out of China (a little share) would be good enough. Plus india isn't pakistan, If US did some moves india will counter act.

India’s current politics stop it from offering the kind of incentives China has done over the last 40 years. How willing are the most skilled and or most wealthy people of India to stay and sacrifice their personal prosperity for the sake of national development. Many with the opportunity are leaving the country. China was unique in the amount of control it employed to do in one generation what western democracy did over 5-7 generations. These western countries have also had positive demographics over nearly that whole time, and China was able to utilize its demographics to build up before their dividend caught up with them.

India has a 30 year window, before it’s labor costs are too high to be competitive against the upcoming African demographic dividend, as well as the still growing Pakistani demographic dividend, which will probably last a whole generation past India.

 

[Turingsage]

India has added 7 NEW unicorns since February this year.
The rate at which Unicorns are emerging in India is accelerating.

 

[FuturePAF]

India has added 7 NEW unicorns since February this year.
The rate at which Unicorns are emerging in India is accelerating.

What kind of unicorns? Manufacturing companies or even software for manufacturers? Or is it finance capital driven software growth that will tank as is about to happen with many startups nowadays in Silicon Valley?

 

[Turingsage]

What kind of unicorns?

20 Startups enter the Indian Unicorn Club in 2022 : Here’s everything you need to know​

BI INDIA BUREAUAUG 27, 2022, 09:00 IST
Canva

• 20 startups join the Indian unicorn club in 2022, taking the total number of Indian unicorns to 106.
• With their combined value estimated at $343 billion, these enterprises have raised $94 billion in total funding.
• Business Insider India provides a snapshot of the 20 new startups that turned unicorns this year.

In 2022, 20 startups achieved unicorn status taking the total number of Indian unicorns to 106. The collective valuation of these startups stands at $341 billion. These firms have been able to raise more than $94 billion in funding from outside.

Unicorn refers to a privately held startup that has a valuation of $1 billion or more. The term was coined by Aileen Lee, a famed venture capitalist, to reflect the fact that these startups are statistically rare.

Here is an overview of the 20 Indian startups that became unicorns in 2022.

Fractal​

Fractal
A five-member team consisting of Srikanth Velamakanni, Pranay Agrawal, Nirmal Palaparthi, Pradeep Suryanarayan and Ramakrishna Reddy founded Fractal in 2000. The firm’s main offerings include solutions across artificial intelligence and advanced analytics. Over five rounds of funding Fractal received $685 million which helped the firm cross $1 billion valuation. The latest round of funding helped Fractal enter the unicorn club in 2022, making it the first enterprise to do so this year.

LEAD​

LEAD
LEAD became the first edtech startup to achieve unicorn status in 2022. In January, Mumbai-based LEAD raised $100 million in a new round of funding led by GSV Ventures and WestBridge Capital, which helped LEAD achieve a valuation of $1.1 billion in this year. Founded by Sumeet Mehta and Smita Deorah in 2012, LEAD guides schools into an integrated teaching and learning system that combines pedagogy curriculum and technology.

Darwinbox​

Darwinbox
Hyderabad-based Darwinbox raised $72 million in January 2022 in a round of funding led by TCV (Technology Crossover Ventures), making it the third enterprise to become an Indian unicorn in 2022. Chaitanya Peddi, Jayant Paleti and Rohit Chennamaneni founded Darwinbox in 2015. This startup provides cloud-based solutions to enterprises for automating the complete employee lifecycle on a single HR platform.

DealShare​

DealShare
With a valuation of $1.62 billion, DealShare entered the unicorn club in 2022. This is a Bengaluru-based startup in the social e-commerce sector, which has raised $165 million in funding in an Series E round. Till date, DealShare has raised around $330 million. Following its fundraising mission in July 2021, the valuation of the firm has nearly tripled. DealShare was founded by Vineet Rao, Sourjyendu Medda, Sankar Bora and Rajat Shikhar in 2018.

ElasticRun​

ElasticRun
ElasticRun is a Pune-based enterprise that entered the unicorn club in February 2022. The Series E round valued ElasticRun at $1.5 billion based on Inc42’s estimates. The tech company was founded by Sandeep Deshmukh, Saurabh Nigam and Shitiz Bansal in 2016. ElasticRun supports Kirana businesses to shape their marketing strategies.

Livspace​

The sixth startup to become a unicorn in 2022, LivSpace is a home renovation and interior designing company. During a Series F round led by American investment giant KKR & Co, LivSpace raised $180 million. Across all of its 10 funding rounds so far, LivSpace has raised $450 million in total. Based in Bengaluru, Livspace was started by Anuj Srivastava and Ramakant Sharma in 2014.

Xpressbees​

Xpressbees
Headquartered in Pune, XPressbees is the latest startup to enter India’s unicorn club in 2022. In a Series F funding round that was led by Blackstone Growth, ChrysCapital and TPG Growth, Xpressbees raised $300 million. The total funds raised by the firm rose to around $500 million, and valuined company at $1.2 billion. The delivery service was founded in 2015 after FirstCry, the ecommerce giant spun it off.

Uniphore​

Uniphore
Uniphore was the 8th startup in India to attain unicorn status in 2022. Uniphore achieved this stature after it raised $400 million that helped raise its valuation to $2.5 billion. The funding round led by NEA had its existing investors participating. Uniphore was founded in 2008 by Ravi Saraogi and Umesh Sachdev. It provides workflow automation, conversational AI and robotic process automation solutions to enterprise customers across different industry domains.

Hasura​

Hasura
Hasura is the 9th Indian startup that achieved the unicorn status in 2022. Developer of the GraphQL, Hasura raised around $100 million in February from investors such as Greenoaks Capital, Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures. The total funding raised by the firm till date is around $136.5 million. The firm provides data flow and data access solutions through its GraphQL APIs to accelerate data and product delivery. Tanmai Gopal and Rajoshi Ghosh founded Hasura in 2018.

CredAvenue​

CredAvenue
The Chennai-based startup is the 10th Indian startup to join the unicorn club in 2022. Inc42’s estimate reveals that CredAvenue’s valuation rose to $1.2 billion after the fintech startup raised $135 million in a Series B funding round led by Insight Partners. CredAvenue was founded by Gaurav Kumar in 2017. This is a debt platform connecting corporate clients with investors and lenders.

Amagi​

Amagi
Amagi, a private startup based in Bengaluru is valued at $1 billion. Amagi was founded in 2008 by Baskar Subramanian, Srinivasan K.A and Srividhya Srinivasan. The firm took 14 years to become a unicorn. The key investors in Amagi are Accel, Norwest Venture Partners and PremjiInvest. The firm has raised $240.2 million in total funding. Amagi is a cloud-based solutions provider for broadcasting and television.

Oxyzo​

Oxyzo
Oxyzo raised $200 million from Alpha Wave, Tiger Global, Norwest Venture Partners, Matrix Partners and Creation Investments in what was described as its first round of institutional funding. The founders of OfBusiness Asish Mohapatra and Ruchi Kalra started Oxyzo in 2016. This is a lending platform offering financing solutions to SMEs in the contracting and manufacturing sectors. This firm is said to be growing 100% year on year serving more than 2,500 SMEs in India.

Games24x7​

Games24x7
Games24x7 entered the Indian unicorn club in 2022 as the 13th startup to do so in this year. The firm achieved this status following a funding round led by Malabar India Fund that fetched $75 million for the firm. Inc42 calculations show that the firm’s valuation rose to $2.1 billion in 2022 from $692 million in June 2021. Bhavin Pandya and Trivikraman Thampy founded Games24x7 in 2006. The gaming company houses some popular brands like RummyCircle.

Open​

Open
Open became India’s 100th unicorn after it raised $50 million in funding from IIFL and crossed the $1 billion mark this year. Open was founded by Anish Achuthan, Ajeesh Achuthan, Mabel Chacko and Deena Jacob in 2017. This Bengaluru-based firm provides banking services, payments management and expense management solutions to enterprise customers. Over the past 12 months, the firm has increased its customer base to 2.3 million, hoping to serve 5 million customers globally within a year forward.

PhysicsWallah​

PhysicsWallah
PhysicsWallah is an edtech startup. It became the 101st enterprise in India to enter the Indian unicorn club. In a Series A funding round led by Westbridge and GSV Ventures, the firm raised $100 million, which made the firm the country’s seventh edtech firm to enter the unicorn club. With this round of funding, the firm’s value rose to $1.1 billion. In 2020, PhysicsWallah was founded by Alakh Pandey and Prateek Maheshwari. The firm offers competitive exam preparation services to students taking IIT, JEE and NEET examinations.

Purplle​

Purplle
Purplle became an Indian unicorn in June 2022 following a Series E funding round. Paramak Ventures, PremjiInvest, Blume Ventures, and Kedaara invested $33 million in this round, taking its valuation to $1.1 billion. This is an online marketplace dealing with beauty products and equipment. Purplle was started in 2012 by Manish Taneja and Rahul Dash.

LeadSquared​

LeadSquared
In a Series C funding round led by WestBridge, LeadSquared raised $153 million in investments which made the firm achieve unicorn status this year. This Bengaluru-based firm was started by Nilesh Singh, Sudhakar Gorti and Prashant Singh in 2011 and Sukhbir Kalsi joined the team as its founding member. LeadSquared provides the full suite of sales, marketing and automations solutions along with sales and merchant management solutions.

OneCard​

onecard
OneCard is a Pune-based firm that became the country’s 104th unicorn following a Series D funding round, which helped raise around $100 million at a valuation of $1.25 billion. OneCard was founded by Anurag Sinha, Rupesh Kumar, and Vibhav Hathi in 2018. The firm provides Visa credit cards by partnering with banks like IDFC Bank, South Indian Bank, Federal Bank, Bank of Baroda Financial and SMB Bank.

5ire​

5wire
5ire was founded in 2021 and attained unicorn status within a year of its inception. Dubai-based 5ire is valued at $1.5 billion and has raised $221 million in funding. 5ire was founded by Prateek Dwivedi, Pratik Gauri, Vilma and Mattila. It is funded by the Global Emerging Markets Group, Launchpool and Sanctum Global Ventures. 5ire is a gateway to the Blockchain ecosystem.

Shiprocket​

shiprocket
Shiprocket, is a third-party logistics services provider which entered the unicorn club with its $1.2 billion valuation as per Inc42 calculations. In the Series E round of funding led by Lightrock India, Temasek, Bertelsmann, Moore Strategic Ventures, PayPal, March Capital, and Huddle, Shiprocket raised $33.5 million which helped achieve this status. Saahil Goel, Vishesh Khurana, Gautam Kapoor, and Akshay Gulati founded the firm in 2017.

 

[FuturePAF]

Over five rounds of funding Fractal received $685 million which helped the firm cross $1 billion valuation. The latest round of funding helped Fractal enter the unicorn club in 2022, making it the first enterprise to do so this year.​

VC funding over revenue making it a unicorn?

LEAD raised $100 million in a new round of funding led by GSV Ventures and WestBridge Capital, which helped LEAD achieve a valuation of $1.1 billion in this year.

More of the same

Darwinbox
This startup provides cloud-based solutions to enterprises for automating the complete employee lifecycle on a single HR platform.

Easily replaceable by another HR company and its software

DealShare
With a valuation of $1.62 billion, DealShare entered the unicorn club in 2022. This is a Bengaluru-based startup in the social e-commerce sector, which has raised $165 million in funding in an Series E round. Till date, DealShare has raised around $330 million. Following its fundraising mission in July 2021, the valuation of the firm has nearly tripled.

Talking about VC funding not profits

ElasticRun is a Pune-based enterprise that entered the unicorn club in February 2022. The Series E round valued ElasticRun at $1.5 billion based on Inc42’s estimates. The tech company was founded by Sandeep Deshmukh, Saurabh Nigam and Shitiz Bansal in 2016. ElasticRun supports Kirana businesses to shape their marketing strategies.

A marketing company

The sixth startup to become a unicorn in 2022, LivSpace is a home renovation and interior designing company. During a Series F round led by American investment giant KKR & Co, LivSpace raised $180 million. Across all of its 10 funding rounds so far, LivSpace has raised $450 million in total. Based in Bengaluru, Livspace was started by Anuj Srivastava and Ramakant Sharma in 2014.​

Same, capital raised over profits earned

. In a Series F funding round that was led by Blackstone Growth, ChrysCapital and TPG Growth, Xpressbees raised $300 million. The total funds raised by the firm rose to around $500 million, and valuined company at $1.2 billion. The delivery service was founded in 2015 after FirstCry, the ecommerce giant spun it off.

Competition in the services sector is tough, and in India’s case these number reflect the size of the population, not any unique software breakthrough that would be scalable. It’s basically the Uber/Lyft model of cheap labor

Uniphore
Uniphore was the 8th startup in India to attain unicorn status in 2022. Uniphore achieved this stature after it raised $400 million that helped raise its valuation to $2.5 billion. The funding round led by NEA had its existing investors participating. Uniphore was founded in 2008 by Ravi Saraogi and Umesh Sachdev. It provides workflow automation, conversational AI and robotic process automation solutions to enterprise customers across different industry domains.

Now here is a company that may have promise, workflow automation, some unique software utilizing AI, and scalable not across industries.

Hasura is the 9th Indian startup that achieved the unicorn status in 2022. Developer of the GraphQL, Hasura raised around $100 million in February from investors such as Greenoaks Capital, Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures. The total funding raised by the firm till date is around $136.5 million. The firm provides data flow and data access solutions through its GraphQL APIs to accelerate data and product delivery. Tanmai Gopal and Rajoshi Ghosh founded Hasura in 2018.​

Here is another firm with potentially unique software and where it’s valuation is only 13.65% of funding and presumably the rest of revenue.

CredAvenue
The Chennai-based startup is the 10th Indian startup to join the unicorn club in 2022. Inc42’s estimate reveals that CredAvenue’s valuation rose to $1.2 billion after the fintech startup raised $135 million in a Series B funding round led by Insight Partners. CredAvenue was founded by Gaurav Kumar in 2017. This is a debt platform connecting corporate clients with investors and lenders.

Fintech, let’s see where they go when the cheap money dries up.

​

Amagi
Amagi, a private startup based in Bengaluru is valued at $1 billion. Amagi was founded in 2008 by Baskar Subramanian, Srinivasan K.A and Srividhya Srinivasan. The firm took 14 years to become a unicorn. The key investors in Amagi are Accel, Norwest Venture Partners and PremjiInvest. The firm has raised $240.2 million in total funding. Amagi is a cloud-based solutions provider for broadcasting and television.

24% of valuation is based on funding being raised, and they provide real service to customers.

Oxyzo
Oxyzo raised $200 million from Alpha Wave, Tiger Global, Norwest Venture Partners, Matrix Partners and Creation Investments in what was described as its first round of institutional funding. The founders of OfBusiness Asish Mohapatra and Ruchi Kalra started Oxyzo in 2016. This is a lending platform offering financing solutions to SMEs in the contracting and manufacturing sectors. This firm is said to be growing 100% year on year serving more than 2,500 SMEs in India.

Virtual bank?

Games24x7
Games24x7 entered the Indian unicorn club in 2022 as the 13th startup to do so in this year. The firm achieved this status following a funding round led by Malabar India Fund that fetched $75 million for the firm. Inc42 calculations show that the firm’s valuation rose to $2.1 billion in 2022 from $692 million in June 2021. Bhavin Pandya and Trivikraman Thampy founded Games24x7 in 2006. The gaming company houses some popular brands like RummyCircle.

Large number of domestic user base, probably a similar story in China before it was crushed by the Chinese government

Open
Open became India’s 100th unicorn after it raised $50 million in funding from IIFL and crossed the $1 billion mark this year. Open was founded by Anish Achuthan, Ajeesh Achuthan, Mabel Chacko and Deena Jacob in 2017. This Bengaluru-based firm provides banking services, payments management and expense management solutions to enterprise customers. Over the past 12 months, the firm has increased its customer base to 2.3 million, hoping to serve 5 million customers globally within a year forward.

Virtual bank?

PhysicsWallah
PhysicsWallah is an edtech startup. It became the 101st enterprise in India to enter the Indian unicorn club. In a Series A funding round led by Westbridge and GSV Ventures, the firm raised $100 million, which made the firm the country’s seventh edtech firm to enter the unicorn club. With this round of funding, the firm’s value rose to $1.1 billion. In 2020, PhysicsWallah was founded by Alakh Pandey and Prateek Maheshwari. The firm offers competitive exam preparation services to students taking IIT, JEE and NEET examinations.

Online education, it has potential but can’t replace in person learning as the past few years of lockdown education have shown

Purplle
Purplle became an Indian unicorn in June 2022 following a Series E funding round. Paramak Ventures, PremjiInvest, Blume Ventures, and Kedaara invested $33 million in this round, taking its valuation to $1.1 billion. This is an online marketplace dealing with beauty products and equipment. Purplle was started in 2012 by Manish Taneja and Rahul Dash.

E-commerce, as large as the customer base and depends on how wealthy the customer are.

LeadSquared
In a Series C funding round led by WestBridge, LeadSquared raised $153 million in investments which made the firm achieve unicorn status this year. This Bengaluru-based firm was started by Nilesh Singh, Sudhakar Gorti and Prashant Singh in 2011 and Sukhbir Kalsi joined the team as its founding member. LeadSquared provides the full suite of sales, marketing and automations solutions along with sales and merchant management solutions.

Automated marketing, they will have to keep their software up to date to remain competitive. Also depends on money available/marketing budgets of advertisers.

onecard
OneCard is a Pune-based firm that became the country’s 104th unicorn following a Series D funding round, which helped raise around $100 million at a valuation of $1.25 billion. OneCard was founded by Anurag Sinha, Rupesh Kumar, and Vibhav Hathi in 2018. The firm provides Visa credit cards by partnering with banks like IDFC Bank, South Indian Bank, Federal Bank, Bank of Baroda Financial and SMB Bank.

Local partner of some foreign banks and a online platform for Indian banks

5wire
5ire was founded in 2021 and attained unicorn status within a year of its inception. Dubai-based 5ire is valued at $1.5 billion and has raised $221 million in funding. 5ire was founded by Prateek Dwivedi, Pratik Gauri, Vilma and Mattila. It is funded by the Global Emerging Markets Group, Launchpool and Sanctum Global Ventures. 5ire is a gateway to the Blockchain ecosystem.

Blockchain ecosystem, let’s see where that goes with what’s happening with Cytpocurrencies.

Shiprocket, is a third-party logistics services provider which entered the unicorn club with its $1.2 billion valuation as per Inc42 calculations. In the Series E round of funding led by Lightrock India, Temasek, Bertelsmann, Moore Strategic Ventures, PayPal, March Capital, and Huddle, Shiprocket raised $33.5 million which helped achieve this status.

Logistics software, there maybe potential here.

IMHO, 4 of the 20 look like they have decent investment potential.

For the sake of the masses of Indians who want to enter the middle class and live a decent life, I would hope these companies really do deliver. But many of these companies are built on VC funding and these companies don’t promote their revenues or profits, but rather how much they have raised. As a layman I see this companies the way they could be promoted on a show like Shark Tank; what makes them distinct, and what is the growth potential minus continuous VC funding.

Looking at INC42, the Indian startup portal, this is the top article, which suggests government needs to step in with more stringent employment codes and laws. With that kind of attitude VC funding will dry up and many of these startup will start down.

Decoding The Mass Layoffs In Big Tech & Its Impact On Indian Startups

With profits on the decline and costs on the rise, variable costs must be minimised. This is evident from the recent layoffs.

inc42.com

 

[fallstuff]

Lots of good luck to India !!!

 

[Black Tornado]

VC funding over revenue making it a unicorn?

More of the same

Easily replaceable by another HR company and its software

Talking about VC funding not profits

A marketing company

Same, capital raised over profits earned

Competition in the services sector is tough, and in India’s case these number reflect the size of the population, not any unique software breakthrough that would be scalable. It’s basically the Uber/Lyft model of cheap labor


Now here is a company that may have promise, workflow automation, some unique software utilizing AI, and scalable not across industries.


Here is another firm with potentially unique software and where it’s valuation is only 13.65% of funding and presumably the rest of revenue.

Fintech, let’s see where they go when the cheap money dries up.


24% of valuation is based on funding being raised, and they provide real service to customers.

Virtual bank?

Large number of domestic user base, probably a similar story in China before it was crushed by the Chinese government

Virtual bank?

Online education, it has potential but can’t replace in person learning as the past few years of lockdown education have shown

E-commerce, as large as the customer base and depends on how wealthy the customer are.

Automated marketing, they will have to keep their software up to date to remain competitive. Also depends on money available/marketing budgets of advertisers.

Local partner of some foreign banks and a online platform for Indian banks

Blockchain ecosystem, let’s see where that goes with what’s happening with Cytpocurrencies.

Logistics software, there maybe potential here.

IMHO, 4 of the 20 look like they have decent investment potential.

For the sake of the masses of Indians who want to enter the middle class and live a decent life, I would hope these companies really do deliver. But many of these companies are built on VC funding and these companies don’t promote their revenues or profits, but rather how much they have raised. As a layman I see this companies the way they could be promoted on a show like Shark Tank; what makes them distinct, and what is the growth potential minus continuous VC funding.

Looking at INC42, the Indian startup portal, this is the top article, which suggests government needs to step in with more stringent employment codes and laws. With that kind of attitude VC funding will dry up and many of these startup will start down.

Decoding The Mass Layoffs In Big Tech & Its Impact On Indian Startups

With profits on the decline and costs on the rise, variable costs must be minimised. This is evident from the recent layoffs.

inc42.com

It's been a tough time for global economies since 2019-end. Had it been that easy every country would've been having them.

Politics shift, India is off the list, politics shift again, India is back on the list. It’s that easy for the established institutions to claim one thing today and another tomorrow.

They could do nothing when we bought S400 and they could do nothing when we bought Russian oil. They won't be able to stop our growth.

India’s current politics stop it from offering the kind of incentives China has done over the last 40 years.

It is the current politics that created the PLI scheme for industrialisation of our country.

How willing are the most skilled and or most wealthy people of India to stay and sacrifice their personal prosperity for the sake of national development. Many with the opportunity are leaving the country.

Let them, if the rich guy who left India became rich with a job then some other Indian will replace him/her.

If the rich guy became rich by business and left India then his business will remain here.

Plus remittances will increase.
Disadvantages being loss of valuable human resource.

China was unique in the amount of control it employed to do in one generation what western democracy did over 5-7 generations. These western countries have also had positive demographics over nearly that whole time, and China was able to utilize its demographics to build up before their dividend caught up with them.

India has a 30 year window, before it’s labor costs are too high to be competitive against the upcoming African demographic dividend,

African demographic dividend isn't a thing, most of them are lawless banana republics who never on HRD. Maybe a few rest will remain the same for decades before they see improvement.

as well as the still growing Pakistani demographic dividend, which will probably last a whole generation past India.

Which will remain unutilised, reason being bad rep and lack of soft power and lack of economic complexity.

India is faring even worse now, hit record deficit month after month.

Data: India’s Trade Deficit reached a record high in 2021-22

Data: India’s Trade Deficit reached a record high in 2021-22

factly.in

Oil import driven deficit which is the case with most countries.