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Arcane

Hey, I'm on Medial • 8m

As per a survey by Private Circle Research, 60% of the Indian founders built a unicorn in their very 1st attempt !!! 29% of the founders did this in two attempts. Also, after their first unicorn, the same founder takes a median of 1.5 years to turn their second startup into another unicorn. This is quite impressive honestly. In the sector wise analysis, it was found- 🔹Web3 startups: 3 years (fastest unicorns), 🔹Deeptech, Traveltech, and SaaS : 10-11.5 years (the longest time) 🔹Ecommerce, Edtech, Fintech, and Healthtech startups: 6-6.5 years of median time to become unicorns. Another surprise is how fast Indian startups are reaching Unicorn status in the recent years. For startups founded after 2020, it now takes just 1 year on average, compared to 26 years for startups before 2000. Interesting, right?

21 Replies

Replies (21)

Sajin
•

Foundation • 8m

55-60% of unicorn founders are part of IIT alumni network. Isnt this the major reason?

1 Reply

Dhanush R

Student • 8m

where did you get this information bro

1 Reply

Anonymous 3

Hey I am on Medial • 8m

Let’s not get carried away with the unicorn hype. Sure, founders are building unicorns faster, but that’s also because we’re in a funding bubble. A unicorn isn’t a success until it’s profitable. Most of these companies are bleeding money, and founders are just chasing valuations, not sustainability

1 Reply

Anonymous 2

Hey I am on Medial • 8m

Shocking considering we’re such a fresh market

1 Reply

Anonymous 1

Hey I am on Medial • 8m

Indian founders are really cracking it! Building unicorns on the first go is no small feat. But let’s be real—this is partly because the market is more mature now, there’s more funding available, and investors are throwing cash around like it's going out of style. Good for founders, but not sure how sustainable this is in the long run.

1 Reply

Vishu Bheda
•

Medial • 8m

That's crazy number 60 %.

Anonymous 5

Hey I am on Medial • 8m

That's an incredible achievement. More unicorns mean more innovation and opportunities for the economy

Anonymous 7

Hey I am on Medial • 8m

60% of founders hitting unicorn status on the first try? Can someone share the secret please?

Anonymous 6

Hey I am on Medial • 8m

Rapid growth doesn't always guarantee long-term success; many may struggle after the initial hype

Anonymous 4

Hey I am on Medial • 8m

Nai

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